Less Ads, More Data, More Tools Register for FREE

Pin to quick picksLOG.L Share News (LOG)

  • There is currently no data for LOG

FTSE 250 Movers: Supergroup flies into first place

Wed, 14th Dec 2011 14:44
Shares in clothing firm Supergroup raced ahead on Wednesday morning after group revenue shot up 51% in the 26 weeks to 30 October. Sales rose from £90.3m to £136.1m, but the group reported a small decline in underlying profits.Set-top box maker Pace also bounced after the firm announced a new chief executive to take the helm after a difficult year for the company.Pace has appointed Mike Pulli, currently president of Pace Americas, who succeeds Neil Gaydon. The firm said Gaydon, who stepped down after 16 years with Pace, had decided to "take some time off and look for a fresh challenge". Carpetright continued to rise following the firm's half-year results yesterday.Meanwhile, Logica, one of the largest providers of contract computer programmers in Europe, plunged into the bottom spot after announcing that it is to turf more than 1,300 of its employees onto the dole as it responds to an increasing reluctance on the part of its clients to commit to contract renewals.The company, which has seen its share price slump more than 40% in the last six months, warned at the beginning of November of weakening revenues and margins in the third quarter, and the disturbing trend on revenues has accelerated in the fourth quarter. Shares in Centamin Egypt have also fallen despite the majority of shareholders agreeing to a corporate restructure of the gold mining firm and its subsidiaries. A new Jersey-incorporated parent company, Centamin plc, will be put in place after the scheme was approved by 99.97% of the total votes cast on the resolution. FTSE 250 - RisersSupergroup (SGP) 539.50p +7.36%Pace (PIC) 70.00p +4.87%Rathbone Brothers (RAT) 1,041.00p +4.20%Gem Diamonds Ltd. (DI) (GEMD) 186.00p +3.33%AG Barr (BAG) 1,196.00p +3.10%Carpetright (CPR) 438.30p +2.65%Premier Foods (PFD) 5.99p +2.04%Genus (GNS) 1,039.00p +1.96%Redrow (RDW) 111.90p +1.73%BH Global Ltd. USD Shares (BHGU) 11.86 +1.45%FTSE 250 - FallersLogica (LOG) 62.80p -15.19%Kesa Electricals (KESA) 66.90p -7.08%Allied Gold Mining (ALD) 150.10p -7.00%Home Retail Group (HOME) 81.55p -6.53%African Barrick Gold (ABG) 453.70p -5.66%Afren (AFR) 76.75p -5.65%SVG Capital (SVI) 170.50p -5.44%Elementis (ELM) 129.90p -5.39%Dixons Retail (DXNS) 10.20p -5.03%Centamin Egypt Ltd. (CEY) 88.80p -5.03%NR

Related News

AngloGold Ashanti seals takeover of Sukari gold mine owner Centamin
22 Nov 2024

AngloGold Ashanti seals takeover of Sukari gold mine owner Centamin

(Alliance News) - AngloGold Ashanti PLC has wrapped up its acquisition of the operator of Sukari gold mine Centamin PLC, the two companies said.

LONDON MARKET CLOSE: Oil and gold lift FTSE 100 but mid-caps falter
18 Nov 2024

LONDON MARKET CLOSE: Oil and gold lift FTSE 100 but mid-caps falter

(Alliance News) - London's FTSE 100 outperformed European peers on Monday as gains in commodity stocks offset weaker housebuilders and property issues...

London close: Stocks mixed ahead of UK inflation data
18 Nov 2024

London close: Stocks mixed ahead of UK inflation data

(Sharecast News) - London's financial markets delivered a mixed performance on Monday, as traders digested fresh housing market data and braced for up...

LOG.L News

Logica to de-list from LSE this week as court approves takeover
20 Aug 2012

Logica to de-list from LSE this week as court approves takeover

Business and technology service group Logica, whose shares were suspended on Monday morning, has confirmed that the capital reduction required to comp...

Logica suspended as CGI takeover nears completion
20 Aug 2012

Logica suspended as CGI takeover nears completion

Shares in business and technology service company Logica were suspended from trade on Monday as the firm embarks on the final steps of its takeover by...

Friday broker round-up
20 Jul 2012

Friday broker round-up

Capita: UBS ups target from 725p to 740p, buy rating unchanged. Euromoney: Peel Hunt downgrades to hold. Gulf Keystone: HSBC upgrades to overweight....

FTSE 250 moveres: John Menzies proves popular
16 Jul 2012

FTSE 250 moveres: John Menzies proves popular

Aviation services and newspaper distribution group John Menzies was wanted after announcing that it is to close down its cargo operations at airports ...

Logica shareholders vote CGI takeover through
16 Jul 2012

Logica shareholders vote CGI takeover through

Logica's shareholders have voted overwhelmingly in favour of CGI's recommended cash offer of 105p per share at Monday's annual general meeting (AGM). ...

Wednesday broker round-up
27 Jun 2012

Wednesday broker round-up

Alliance Pharma: Investec downgrades from buy to hold, target slashed from 34p to 25p. APR Energy: Credit Suisse keeps outperform rating and 1,300p t...

Wednesday broker round-up - UPDATE
6 Jun 2012

Wednesday broker round-up - UPDATE

Chemring: Jefferies reiterates buy rating and 512p target. Bovis Homes: Liberum Capital downgrades to hold, target cut from 525p to 465p. Halfords: ...

Broker tips: BP, Logica, Informa
1 Jun 2012

Broker tips: BP, Logica, Informa

Jefferies has welcomed BP's decision to sell its 50 per cent share in TNK-BP, reiterating its buy rating and 525p target price for the stock on Friday...