If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksLAM.L Share News (LAM)

  • There is currently no data for LAM

FTSE 250 movers: CPP surges after product launch

Thu, 19th May 2011 16:00
CPP, the identity theft and credit card insurer that is under investigation by the Financial Services Authority (FSA) for certain issues surrounding the sale of its products in the UK, has launched a new product, causing shares to rocket on Thursday. Its identity protection product Identity Safe can now be bought on its website, and "provides consumers with a comprehensive range of assistance services to help customers detect, prevent and resolve identity fraud," the company said.Lamprell's share price jumped by a tenth after the oil and gas engineer proposed the acquisition of United Arab Emirates-based firm Maritime Industrial Services for a total consideration of $336.1m (£208.1m).Also wanted are the share of TalkTalk after the telecom group announced that pre-tax profits in the year to 31 March soared as monthly subscriptions increased.Cash and carry wholesaler Booker is higher after it increased full year pre-tax profit by a quarter, beefed up its dividend and said it is on course to meet full year expectations despite tough retail conditions.A solid performance from its spreads and cheese businesses could boost sentiment for chilled foods firm Dairy Crest as it fell into the red. The group reported a 5% increase in full year adjusted pre-tax profit.Heading lower is Premier Oil despite maintaining its short- and medium-term production rates. The hopes to produce 45 thousand barrels of oil equivalents per day (kboepd) in 2011, 75 kboepd in 2012 and 100 in the mid-term. However, average production in the first four months of 2011 reached just 37 kboepd.---BCFTSE 250 - RisersCPP Group (CPP) 140.00p +16.67%Lamprell (LAM) 389.30p +10.82%TalkTalk Telecom Group (TALK) 140.10p +6.54%Afren (AFR) 156.10p +5.19%Booker Group (BOK) 67.80p +5.12%Dixons Retail (DXNS) 19.40p +5.09%Grainger (GRI) 129.30p +4.53%Babcock International Group (BAB) 702.50p +4.07%Unite Group (UTG) 218.40p +3.95%Close Brothers Group (CBG) 803.50p +3.68%FTSE 250 - FallersPetropavlovsk (POG) 773.50p -4.15%Exillon Energy (EXI) 423.20p -2.44%Beazley (BEZ) 125.80p -2.25%3i Infrastructure (3IN) 119.50p -2.21%De La Rue (DLAR) 824.00p -1.90%Centamin Egypt Ltd. (CEY) 124.40p -1.89%Dairy Crest Group (DCG) 394.00p -1.89%Halfords Group (HFD) 392.70p -1.70%Kesa Electricals (KESA) 149.00p -1.59%Gem Diamonds Ltd. (DI) (GEMD) 278.90p -1.45%

Related News

TRADING UPDATES: Gunsynd invests; AQRU launches crypto-backed loans
25 Oct 2022

TRADING UPDATES: Gunsynd invests; AQRU launches crypto-backed loans

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

TRADING UPDATES: Public Policy buys KP; Plus500 enters partnership
3 Oct 2022

TRADING UPDATES: Public Policy buys KP; Plus500 enters partnership

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

LAM.L News

FTSE 250 movers: Lamprell rises on news of new Chairman
15 Jun 2012

FTSE 250 movers: Lamprell rises on news of new Chairman

Lamprell was a high riser after it moved quickly to replace Jonathan Silver, who announced earlier this month his intention to give up the Chairman ro...

London midday: More QE could be on the way
15 Jun 2012

London midday: More QE could be on the way

After a bright start on the back of the initiative announced last night to get British banks lending, equities have moved into consolidation mode ahea...

London open: Banks buoyed by BoE initiative
15 Jun 2012

London open: Banks buoyed by BoE initiative

London's leading shares have opened firmer, encouraged by reports that the world's central banks stand ready to act should financial markets freeze up...

London pre-open: FTSE to rise on reports of central bank action
15 Jun 2012

London pre-open: FTSE to rise on reports of central bank action

City sources predict the FTSE 100 will open up 28 points from yesterday's close of 5,467, boosted pushed higher by reports that central banks are poss...

Ex-Wellstream Chairman takes the chair at Lamprell
15 Jun 2012

Ex-Wellstream Chairman takes the chair at Lamprell

Struggling specialist engineering services provider Lamprell has named industry veteran John Kennedy as its new non-executive Chairman. The group mov...

Wednesday tips round-up: Lamprell
13 Jun 2012

Wednesday tips round-up: Lamprell

Management of oil rig maker Lamprell has lost a large chunk of its credibility. Its record of substantial mis-steps over the past few months has been ...

Broker tips: Tesco, Lamprell, Ashtead
11 Jun 2012

Broker tips: Tesco, Lamprell, Ashtead

Nomura has reiterated its buy recommendation and 430p target price for supermarket giant Tesco, saying that while still early days, there was 'increme...

Broker snap: Investec halves target price for Lamprell
11 Jun 2012

Broker snap: Investec halves target price for Lamprell

Investec has halved its target price for energy markets-focused engineer Lamprell from 200p to 100p following last week's profit warning. After the m...