GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksINTU.L Share News (INTU)

  • There is currently no data for INTU

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

FTSE 250 movers: Funding Circle falters, Ferrexpo flies

Wed, 01st May 2019 15:03

(Sharecast News) - London's FTSE 250 index was down 0.10% at 19,805.33 in afternoon trade on Wednesday, with Funding Circle leading the index downwards.Following close behind the peer-to-peer lending marketplace, Sirius Minerals dropped after successfully raising $425m as part of its a heavily-discounted $3.8bn capital raising to finance the next stage of development of its Woodsmith polyhalite mine in North Yorkshire.Analysts from Shore Capital said: "Successfully securing the Stage 2 financing is effectively the key to unlocking Sirius's vast potential, and we expect should catalyse a major re-rating of the shares. Beyond that, while Sirius would still be some years from becoming cash generative, an investment in the company should become progressively de-risked and enjoy significant value uplift as it advances towards production, we believe."Pub retailer and brewer Greene King fell after Berenberg analysts stated that it is an "opportune moment to sell" as the last of the soft comparatives now lie in the past, leaving a series of challenging comparisons ahead and earnings growth likely to turn negative in 2020.Indivior and Intu Properties followed suit ahead of respective results and a trading update later this week, while takeaway giant Domino's Pizza was also lower ahead of the release of its first quarter trading statement next week.Ferrexpo was the top riser after Liberum upped its stance on the stock to 'buy' form 'hold' as it said the recent selloff, which was precipitated by potential management involvement in the possible misappropriation of funds from a charity called Blooming Land, was overdone."We think it's highly unlikely management knew of or suspected any (potential) misallocation of funds before ceasing payments to the charity in May 2018. Assuming this becomes clearer following completion of the Independent Review, we expect the shares will rebound, despite our view of further softness in Chinese steel demand and a pull back in benchmark iron ore prices," said analysts.Finally, telecommunications testing outfit Spirent edged upwards after reporting that it saw positive momentum from its last trading year carry over into the first quarter of 2019.Market MoversFTSE 250 (MCX) 19,805.33 -0.10%FTSE 250 - RisersFerrexpo (FXPO) 216.54p 4.46%NewRiver REIT (NRR) 238.00p 3.70%Metro Bank (MTRO) 766.00p 2.13%Babcock International Group (BAB) 535.80p 2.06%Charter Court Financial Services Group (CCFS) 362.00p 1.97%Crest Nicholson Holdings (CRST) 392.40p 1.92%McCarthy & Stone (MCS) 130.60p 1.87%Petrofac Ltd. (PFC) 450.80p 1.69%Spirent Communications (SPT) 161.40p 1.64%IG Group Holdings (IGG) 518.00p 1.61%FTSE 250 - FallersFunding Circle Holdings (FCH) 233.14p -7.85%Sirius Minerals (SXX) 16.34p -6.20%Greene King (GNK) 613.98p -4.21%Acacia Mining (ACA) 140.30p -4.10%Indivior (INDV) 36.94p -3.37%Hilton Food Group (HFG) 982.00p -3.35%Domino's Pizza Group (DOM) 258.60p -3.33%Intu Properties (INTU) 91.88p -2.55%Cairn Energy (CNE) 167.10p -2.39%Kaz Minerals (KAZ) 631.43p -2.35%
More News
19 Oct 2018 12:05

LONDON MARKET MIDDAY: Stocks Mixed As Italy Concerns Cast Shadow

LONDON (Alliance News) - Stocks in London were mixed at middy on Friday with the FTSE 100 higher as the pound remained around the USD1.30 mark, while weak Chinese data and concerns over Italy's a

Read more
19 Oct 2018 10:50

WINNERS & LOSERS SUMMARY: Intu Properties Up As Consortium Makes Offer

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - WINNERS----------London Stock a

Read more
19 Oct 2018 07:36

Intu confirms £2.8bn offer from Peel-led consortium

(Sharecast News) - Shopping centre owner Intu on Friday confirmed it had received an approach from a consortium led by one of its senior directors to buy the company at 210p a share, valuing it at £2.8bn.

Read more
19 Oct 2018 07:35

TOP NEWS: intu Confirms GBP2.85 Billion Takeover Bid From Consortium

LONDON (Alliance News) - intu Properties PLC confirmed on Friday it has received a takeover proposal from a consortium comprising Peel Group, Olayan Group, and Brookfield Property Group.The

Read more
18 Oct 2018 09:29

Intu Properties Signs New Leasing Agreements Despite Tough Environment

LONDON (Alliance News) - Intu Properties PLC said Thursday several retail brands have signed up for new leases despite challenges in the retail industry.The shopping centre operator said at

Read more
18 Oct 2018 07:18

Intu makes solid leasing progress with several new brands

(Sharecast News) - Intu Properties updated the market on its leasing activity on Thursday, reporting that Mazda, Shortlist Media, Monki, Oliver Bonas and Typo were among the latest brands to sign new leases with the owner and manager of UK and Spain shopping centres.

Read more
5 Oct 2018 17:03

LONDON MARKET CLOSE: Stocks End Lower, Dragged By US Bond Yields

LONDON (Alliance News) - Stocks in London followed Europe to close lower Friday due to the relatively high US government bond yields scaring investors away from emerging markets and dragging FTSE 100

Read more
5 Oct 2018 13:40

Friday broker round-up

(Sharecast News) - Intertek Group: Berenberg upgrades to buy with a target price of 5,500p.

Read more
5 Oct 2018 12:00

LONDON MARKET MIDDAY: Stocks Dragged By US Bond Yields, Intu Surges

LONDON (Alliance News) - Stocks continued to fall at midday on concerns over rising US bond yields, presenting a sizable event risk, as Intu Properties surged following news of a its

Read more
5 Oct 2018 11:25

European Shares Slide As US Bond Yields Extend Climb

BRUSSELS/FRANKFURT/PARIS (Alliance News) - European stocks retreated on Friday to extend losses from the previous session as upbeat US data and hawkish comments from Federal Reserve officials for

Read more
5 Oct 2018 10:41

WINNERS & LOSERS SUMMARY: Possible Shareholder Offer Boosts Intu

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - down 5.1%. Goldman Sachs has cut its stock to to

Read more
5 Oct 2018 09:25

BROKER RATINGS SUMMARY: Intu Gets Upgrades As Possible Offer Looms

LONDON (Alliance News) - The following London-listed shares received analyst recommendations Friday morning and late Thursday. ----------FTSE 100----------BERNSTEIN RAISES TO -

Read more
5 Oct 2018 07:51

Intu Properties surges as consortium mulls offer

(Sharecast News) - One of Intu Properties' senior directors is leading a consortium of investment companies to buy the shopping centre owner, leading to speculation that a bid battle could emerge.

Read more
4 Oct 2018 18:32

UPGRADE: Intu Properties Says No Approach Made Yet By Shareholders

LONDON (Alliance News) - Intu Properties PLC on Thursday confirmed it has received no approach from shareholders over buying out the rest of the company.Earlier Thursday Peel Group, Olayan

Read more
4 Oct 2018 17:48

TOP NEWS: Peel Group, Olayan Mulling Buying Rest Of Intu Properties

LONDON (Alliance News) - Peel Group, Olayan Group, and Brookfield Property Group confirmed Thursday they are considering a possible cash offer for the remaining shares in Intu Properties PLC they

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.