LONDON (Alliance News) - The following stocks are amongst the biggest risers and fallers within the main London indices midday Tuesday.
-------
FTSE 100 WINNERS
-------
Johnson Matthey, up 2.4%. Shares in the speciality chemicals and metals company are upgraded by Citigroup to Buy from Neutral.
Smith & Nephew, up 2.4%. The medical devices maker is upgraded to Buy from Neutral by UBS.
Diageo, up 2.1%, and Vodafone Group, up 1.1%. Shares in the drinks giant and the telecommunications firm both are upgraded to Buy from Neutral by Nomura.
-------
FTSE 100 LOSERS
-------
Bunzl, down 1.5%. The distribution and outsourcing company said overall trading in the first half of 2015 has been in line with its expectations, with revenue in the first half set to grow by around 6%, including a one-percentage-point benefit from positive exchange rate movements. Bunzl also announced the acquisition of four businesses in the US, Colombia, Canada and France. "While Bunzl is a strong business, well positioned to capitalise on further growth opportunities, we elect to remain at Hold given the softer underlying trading this morning," says Investec analyst John Mullane.
Lloyds Banking Group, down 0.4%. The UK government said it has further sold down its stake in the bank, bringing its stake in the bank below 17%. UK Financial Investments, which manages the government's stake in bailed-out banks, sold off approximately a further 1% of the bank, cutting its stake from 17.9% to 16.87%.
Anglo American, down 1.4% at 980.90 pence, Rio Tinto, down 0.8% at 2,748.00p. Morgan Stanley cut its price targets for the two miners. Anglo American's target is cut to 850p from 920p, keeping an Underweight stance, and the target for Rio Tinto to 2,600p from 2,700p, with an Equal-Weight recommendation.
-------
FTSE 250 WINNERS
-------
Ladbrokes, up 13%. The company confirmed it is holding talks with unlisted rival Gala Coral Group on a possible merger of Ladbrokes and Coral Retail, Eurobet Retail, and Gala Coral's Online businesses. Ladbrokes said the talks are focusing on plans to create an enlarged business which would be traded on the main market of the London Stock Exchange, where the betting firm currently is traded as a member of the FTSE 250 index. However, it said there is no certainty a deal will be done between the two or on the timing of any agreement.
Petrofac, up 6.7%. According to traders, JP Morgan upgraded the oil-field services firm to Overweight from Neutral, while Charles Stanley upgraded the stock to Accumulate from Hold.
Telecom Plus, up 3.0%. The multi-utility provider reiterated its guidance for its current year, as it posted a rise in pretax profit for its recently ended financial year driven by the continued take up of its services. For the year to end-March the company posted a pretax profit of GBP42.0 million, up from GBP34.7 million a year before, on revenue of GBP729.2 million, up from GBP659.7 million. Telecom Plus proposed a final dividend of 21 pence, taking its total dividend for the year to 40 pence, increased from 35 pence a year before.
Greene King, up 2.8%. Barclays upgraded the brewer and pub operator to Overweight from Equal Weight.
Vesuvius, up 1.7%. JP Morgan upgraded the engineering stock to Overweight from Neutral.
-------
FTSE 250 LOSERS
-------
Evraz, down 2.3% at 143.50p. The steel, mining and vanadium company's shares are down after UBS cut its price target to 130p from 170p, keeping a Sell rating.
Mitchells & Butlers, down 1.5%. Barclays cut the pub operator to Equal Wight from Overweight.
-------
AIM ALL-SHARE WINNERS
-------
Imaginatik, up 9.7%. Shares in Imaginatik have pushed higher in recent days amid reports that former Quindell chairman Rob Terry and his Quob Park Estate investment vehicle was building up a stake in the company. On Tuesday, Imaginatik confirmed that Terry has built up a stake in the company of more than 3%. Terry now holds 2.5 million shares in the company, both directly and via Quob Park, representing 3.032% of the issued share capital of the company.
Bilby, up 9.4%. The company, which is the holding company for gas heating and building services provider P&R Installation Co, said its pretax profit rose on the back of a rise in revenue, and as it said it would pay its maiden dividend, having listed in London in March. It also said it sees further opportunities for growth. Bilby said pretax profit for the 14 months to the end of March was GBP2 million, compared to a pretax profit of GBP0.8 million for the 12 months to the end of January 2014. Revenue in the 14-month period was GBP14.9 million, compared to GBP9.7 million in the 12-month period.
Digital Globe Services, up 8.5%. The online advertising company said it is promoting interim Chief Financial Officer Andrew Lear to a permanent position, and it expects to pay a dividend for its full year as it anticipates its earnings will meet market expectations. The company expects to post earnings before interest, tax, depreciation, amortisation and other costs for the year to end-June in line with market expectations. It said its revenue and gross margin recovered in the second half compared to the first, and as a result it expects to end the year with net cash ahead of expectations.
-------
AIM ALL-SHARE LOSERS
-------
Alecto Minerals, down 9.7% at 0.149 pence. The Africa-focused minerals explorer raised GBP300,000 via a discounted share placing. Alecto issued 300 million shares at 0.1p per share via Beaufort Securities.
By Daniel Ruiz; danielruiz@alliancenews.com
Copyright 2015 Alliance News Limited. All Rights Reserved.
![Alliance News](https://static.lse.co.uk/images/news-logos/alliance-news-logo.png)
UK dividends calendar - next 7 days
Friday 31 May | |
abrdn Property Income Trust Ltd | dividend payment date |
Albion Development VCT PLC | dividend payment date |
Alternative Income REIT PLC | dividend payment date |
Arbuthnot Banking Group PLC | dividend payment date |
Balanced Commercial Property Trust Ltd | dividend payment date |
Bankers Investment Trust PLC | dividend payment date |
Bellevue Healthcare Trust PLC | dividend payment date |
City of London Investment Trust PLC | dividend payment date |
CQS New City High Yield Fund Ltd | dividend payment date |
Custodian Property Income REIT PLC | special dividend payment date |
CVC Income & Growth Ltd EURO | dividend payment date |
CVC Income & Growth Ltd GBP | dividend payment date |
Derwent London PLC | dividend payment date |
Diverse Income Trust PLC | dividend payment date |
Dunedin Income Growth Investment Trust PLC | dividend payment date |
Ecofin Global Utilities & Infrastructure Trust PLC | dividend payment date |
EJF Investments Ltd | dividend payment date |
Elementis PLC | dividend payment date |
Global Opportunities Trust PLC | dividend payment date |
Greencoat UK Wind PLC | dividend payment date |
Henderson Far East Income Ltd | dividend payment date |
Henderson International Income Trust PLC | dividend payment date |
Henry Boot PLC | dividend payment date |
Ibstock PLC | dividend payment date |
IWG PLC | dividend payment date |
JPMorgan American Investment Trust PLC | dividend payment date |
JPMorgan Global Core Real Assets Ltd | dividend payment date |
Kier Group PLC | dividend payment date |
Marwyn Value Investors Ltd | dividend payment date |
Mobeus Income & Growth VCT PLC | dividend payment date |
NB Global Monthly Income Fund Ltd | dividend payment date |
Octopus Renewables Infrastructure Trust PLC | dividend payment date |
Picton Property Income Ltd | dividend payment date |
Portmeirion Group PLC | dividend payment date |
PPHE Hotel Group Ltd | dividend payment date |
PRS REIT PLC | dividend payment date |
Reach PLC | dividend payment date |
Robert Walters PLC | dividend payment date |
Senior PLC | dividend payment date |
Shaftesbury Capital PLC | dividend payment date |
Sherborne Investors (Guernsey) C Ltd | dividend payment date |
STV Group PLC | dividend payment date |
Target Healthcare REIT PLC | dividend payment date |
Taylor Maritime Investments Ltd | dividend payment date |
TwentyFour Select Monthly Income Fund Ltd | dividend payment date |
Vesuvius PLC | dividend payment date |
Weir Group PLC | dividend payment date |
Monday 3 June | |
4imprint Group PLC | dividend payment date |
Ascential PLC | special dividend payment date |
Ashtead Technology Holdings PLC | dividend payment date |
BAE Systems PLC | dividend payment date |
J Smart & Co (Contractors) PLC | dividend payment date |
JPMorgan China Growth & Income PLC | dividend payment date |
JPMorgan Claverhouse Investment Trust PLC | dividend payment date |
Vector Capital PLC | dividend payment date |
Zotefoams PLC | dividend payment date |
Tuesday 4 June | |
GCP Asset Backed Income Fund Ltd | dividend payment date |
GCP Infrastructure Investments Ltd | dividend payment date |
Spectra Systems Corp | ex-dividend payment date |
Wednesday 5 June | |
Carr's Group PLC | dividend payment date |
Ecora Resources PLC | dividend payment date |
Epwin Group PLC | dividend payment date |
Genuit Group PLC | dividend payment date |
Glencore PLC | dividend payment date |
Porvair PLC | dividend payment date |
Sabre Insurance Group PLC | special dividend payment date |
Thursday 6 June | |
Aberforth Split Level Income Trust | ex-dividend payment date |
Abrdn European Logistics Income PLC | ex-dividend payment date |
AJ Bell PLC | ex-dividend payment date |
Albion Technology & General VCT PLC | ex-dividend payment date |
Arbuthnot Banking Group PLC | ex-dividend payment date |
Assura PLC | ex-dividend payment date |
Balanced Commercial Property Trust Ltd | ex-dividend payment date |
Billington Holdings PLC | ex-dividend payment date |
BlackRock Sustainable American Income Trust PLC | ex-dividend payment date |
Bodycote PLC | dividend payment date |
Capital Gearing Trust PLC | ex-dividend payment date |
Computacenter PLC | ex-dividend payment date |
Downing Strategic Micro-Cap Investment Trust PLC | ex-dividend payment date |
Edinburgh Investment Trust PLC | ex-dividend payment date |
Energean PLC | ex-dividend payment date |
Equals Group PLC | ex-dividend payment date |
FDM Group Holdings PLC | ex-dividend payment date |
Gemfields Group Ltd | ex-dividend payment date |
Good Energy Group PLC | ex-dividend payment date |
Helios Underwriting PLC | ex-dividend payment date |
Henderson European Focus Trust PLC | ex-dividend payment date |
Informa PLC | ex-dividend payment date |
Integrafin Holdings PLC | ex-dividend payment date |
J Sainsbury PLC | ex-dividend payment date |
Jersey Electricity PLC | ex-dividend payment date |
JLEN Environmental Assets Group Ltd | ex-dividend payment date |
Johnson Matthey PLC | ex-dividend payment date |
Judges Scientific PLC | ex-dividend payment date |
Learning Technologies Group PLC | ex-dividend payment date |
Legal & General Group PLC | dividend payment date |
Marshalls PLC | ex-dividend payment date |
Menhaden Resource Efficiency PLC | ex-dividend payment date |
Michelmersh Brick Holdings PLC | ex-dividend payment date |
Microlise Group PLC | ex-dividend payment date |
National Grid PLC | ex-dividend payment date |
National World PLC | ex-dividend payment date |
Pets At Home Group PLC | ex-dividend payment date |
Renew Holdings PLC | ex-dividend payment date |
Restore PLC | ex-dividend payment date |
Riverstone Credit Opportunities Income PLC | ex-dividend payment date |
Robinson PLC | ex-dividend payment date |
RTC Group PLC | ex-dividend payment date |
Smiths News PLC | ex-dividend payment date |
STS Global Income & Growth Trust PLC | ex-dividend payment date |
Topps Tiles PLC | ex-dividend payment date |
Utilico Emerging Markets Trust PLC | ex-dividend payment date |
VH Global Sustainable Energy Opportunities PLC | ex-dividend payment date |
Vodafone Group PLC | ex-dividend payment date |
Wickes Group PLC | dividend payment date |
WPP PLC | ex-dividend payment date |
Comments and questions to newsroom@alliancenews.com | |
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional. | |
Copyright 2024 Alliance News Ltd. All Rights Reserved. |