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
4 Oct 2018 14:32

FTSE 250 movers: Ted Baker unwinds, Ferrexpo boosted by pellet prices

(Sharecast News) - London's FTSE 250 was down 0.73% at 20,152.52 in afternoon trade on Thursday.

Read more
4 Oct 2018 11:21

Intu Properties Non-Executive Director Louise Patten To Step Down

LONDON (Alliance News) - Intu Properties PLC said Thursday that Non-Executive Director Louise Patten will step down from the company's board at the next annual general meeting.Patten as

Read more
7 Sep 2018 15:10

Intu Properties Non-Executive Director Andrew Strang To Step Down

LONDON (Alliance News) - Intu Properties PLC said Friday Non-Executive Director Andrew Strang will step down from the company's board at the end of September.Strang has served on board

Read more
5 Sep 2018 11:36

Immotion Opens New Virtual Reality Centre In Cardiff Shopping Mall

LONDON (Alliance News) - Immotion Group PLC said Wednesday it opened an additional ImmotionVR Centre at intu Properties PLC's shopping centre in Cardiff, Wales.The company added that it

Read more
30 Aug 2018 12:18

Morgan Stanley raises targets on Segro and Unite, cuts Intu

(Sharecast News) - Analysts at Morgan Stanley downgraded their recommendation on European property stocks from 'attractive' to 'in-line', arguing that there was now not as much potential as before for returns on an absolute basis.

Read more
30 Aug 2018 10:40

WINNERS & LOSERS SUMMARY: Crawshaw Sales Slips 2.3%, Stock Slides 47%

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - up 0.1%. The energy provider noted that the UK

Read more
30 Aug 2018 09:34

BROKER RATINGS SUMMARY: Merrills Cuts Vodafone; Liberum Cuts Glaxo

LONDON (Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:----------FTSE 100----------MERRILL LYNCH CUTS TO 'NEUTRAL' -

Read more
29 Aug 2018 13:33

Wednesday broker round-up

(Sharecast News) - Barratt Developments: Citigroup upgrades to buy with a target price of 634p.

Read more
29 Aug 2018 13:31

Berenberg starts Intu, Capital & Regional at 'buy'

(Sharecast News) - Berenberg initiated coverage of Intu Properties and Capital & Reginal at 'buy' as it highlighted three key reasons why it sees value in the UK shopping centre market.

Read more
29 Aug 2018 10:40

WINNERS & LOSERS SUMMARY: Johnston Press Drops 20% On Revenue Decline

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - up 2.3% and United up 1.9%. Citigroup

Read more
27 Jul 2018 13:14

Friday broker round-up

(Sharecast News) - William Hill: Peel Hunt upgrades to hold with a target price of 305p.

Read more
26 Jul 2018 13:15

Liberum downgrades Intu Properties on 'awful' H1 capital value drop

(Sharecast News) - Liberum downgraded Intu Properties to 'sell' from 'hold' and cut the price target to 145p from 200p on Thursday after the shopping centre owner said it swung to a first-half loss, caused by a fall in the value of its estate.

Read more
26 Jul 2018 10:55

WINNERS & LOSERS SUMMARY: BAT On Fire After Half Year Earnings Surge

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

Read more
26 Jul 2018 10:11

Intu CEO Fischel to leave as shopping centre operator suffers loss

(Sharecast News) - Intu Properties announced the departure of chief executive David Fischel as the shopping centre operator swung to a first-half loss caused by a fall in the value of its estate.

Read more
26 Jul 2018 08:39

LONDON MARKET OPEN: BAT, Astra Gain While Compass, Shell, Diageo Fall

LONDON (Alliance News) - Stocks in London were higher on Thursday as investors digested a heaping plate of earnings from blue-chip companies such as Royal Dutch Shell, American and a

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.