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WINNERS & LOSERS SUMMARY: Indivior Hits Record Low On US Indictment

Wed, 10th Apr 2019 11:01

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - WINNERS----------Tesco, up 0.8%. The supermarket chain reported 28% jump in its annual profit, outperforming analysts' expectations, driven by a good sales performance in its core UK & Ireland market. For the year ended February 24, Tesco posted pretax profit of GBP1.67 billion, up from GBP1.30 billion a year ago. Revenue rose 11% year-on-year to GBP63.91 billion from GBP57.49 billion, slightly lagging consensus. Group sales excluding fuels were up 12% to GBP56.88 billion, while on a like-for-like basis sales rose 1.4%. According to company-compiled analyst consensus, pretax profit was expected to rise 22% to GBP1.58 billion, while revenue was forecast 12% higher year-on-year at GBP64.52 billion. Like-for-like sales in the UK & Ireland, Tesco's core market, were up 2.9% in the year, driven by an excellent performance of wholesaler Booker Group, up 11%. Tesco proposed a final dividend of 4.10 pence per share, taking the total payout for the year to 5.77p compared with 3.0p a year ago.----------FTSE 100 - LOSERS----------Halma, down 0.7%. Exane BNP cut the safety and environmental technology company to Neutral from Outperform.Unilever, down 0.6%. Barclays started coverage on the consumer goods giant with an Underweight rating. ----------FTSE 250 - WINNERS----------PageGroup, up 2.5%. The recruiter reported growth across all its regions in the first quarter of the year with gross profit up 12%. The FTSE 250 company reported gross profit of GBP208.8 million for the three months to March-end, up from GBP187.8 million in the comparative period a year ago. The company achieved growth in all regions with the Americas up 21%, Asia Pacific 15%, Europe Middle East and Africa up 11% and UK 1.7%. Looking ahead, the company expects to deliver 2019 operating profit in line with consensus. Currently, the market expects an operating profit of GBP160.4 million for the year.Dunelm Group, up 2.3%. The home furnishings retailer could beat the market's profit expectations for its current financial year, it said. After strong first quarter revenue growth, and despite political and economic troubles in the UK, Dunelm expects to beat consensus for pretax profit for its year ending June of between GBP115.6 million and GBP118.5 million. In its previous financial year, Dunelm reported pretax profit of GBP93.1 million, up 0.8% year-on-year, meaning it and the market both expect a strong acceleration in growth. For the third quarter, ended March, Dunelm's total revenue rose 6.1% to GBP284.5 million, with like-for-like sales rising 13%. ----------FTSE 250 - LOSERS----------Indivior, down 74%. The drugmaker's shares fell to a record low of 26.36 pence after a grand jury in the Western District of Virginia issued an indictment of 28 felony counts against the company related to fraud. The felonies, issued in connection with a federal criminal investigation initiated by the US Department of Justice in 2013, include one count of conspiracy to commit mail, wire and health care fraud; one count of health care fraud; four counts of mail fraud; and 22 counts of wire fraud. The allegations are based on actions that occurred "almost exclusively" prior to Indivior becoming an independent company following its demerger from Reckitt Benckiser PLC at the end of 2014. The DoJ has demanded at least USD3 billion in fines against Indivior, according to the indictment. Indivior said it believes the claims are "unsupported by the facts and the law", and it will contest the allegations. Reckitt Benckiser shares were down 6.7%, the worst performer in the FTSE 100.Stagecoach Group, down 5.0%. The transport operator has been disqualified from applying from all three current UK rail franchise competitions, it said. The reason, Stagecoach said, is because it submitted non-compliant bids related to pension risks. Shares in Stagecoach were down 6.4% in morning trade at 124.80 pence each. The three franchises are East Midlands, South Eastern, and West Coast Partnership. It had applied for East Midlands independently, South Eastern alongside planned partner Alstom, and West Coast alongside Virgin Group and French firm SNCF. Stagecoach said without government support for the long-term funding of railway pensions, a further GBP5 billion to GBP6 billion would be needed to plug the gap. However, the railway industry's solution would add a further GBP500 million to GBP600 million, Stagecoach continued, providing "better stability". The company said it is "shocked" the government has rejected this for what it terms a higher risk approach.McCarthy & Stone, down 2.5%. The retirement housebuilder reported a steep decline in interim profit on Wednesday, despite strong revenue growth. McCarthy & Stone's pretax profit for the six months ended February 28 was GBP3.6 million, down 66%, due to GBP14 million of exceptional costs related to restructuring and redundancies. Excluding this, underlying pretax profit was up 64% to GBP18.9 million. The FTSE 250 firm's revenue came in at GBP280.5 million, up 17% year-on-year, with legal completions 11% higher at 845. McCarthy & Stone has held its interim return to shareholders flat at 1.9 pence per share. As of April 5, McCarthy & Stone's order book was GBP485 million, down 17% year-on-year, with higher quality reservations now being held "due to improved controls".----------OTHER MAIN MARKET AND AIM - WINNERS----------ASOS, up 14%. The online fashion retailer said UK sales outperformed in a highly competitive retail market, despite a significant profit drop for the first half of its financial year. For the six months to February 28, the online fashion retailer posted pretax profit of GBP4.0 million, 87% lower than the comparative period a year ago at GBP29.9 million. This was due to GBP24 million of temporary transition costs, the retailer explained. At group level, revenue rose 14% to GBP1.31 billion from GBP1.15 billion a year ago, driven by a 13% jump in retail sales. In the UK, the retailer's home market, retail sales increased 16% to GBP481.5 million from GBP414.5 million a year ago. Order growth in the county was 20% from a 4% increase in traffic, while active customer growth rose 13% year on year. "The important point from today's announcement is that life hasn't got any worse with ASOS maintaining its 2019 earnings and spending guidance. That will come as a relief to the market," said AJ Bell's Russ Mould. ----------

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12 Oct 2022 09:14

TOP NEWS: PageGroup expects annual profit in line with consensus

(Alliance News) - PageGroup PLC on Wednesday affirmed yearly guidance after a "strong" third-quarter, but noted most of its regions have seen a small number of jobs being pulled due to a loss of economic confidence.

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12 Oct 2022 07:57

LONDON BRIEFING: Hopes of BoE gilt buying reprieve; UK GDP falls

(Alliance News) - Hopes that the Bank of England will extend emergency gilt buying and avoid a bond market cliff-edge were given a boost early Wednesday.

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12 Oct 2022 07:18

PageGroup third-quarter profits jump, FY seen in line

(Sharecast News) - Recruiter PageGroup posted a jump in third-quarter gross profit on Wednesday and said it expects full-year operating profit to be in line with company-compiled consensus of £204m.

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7 Oct 2022 15:38

UK dividends calendar - next 7 days

Monday 10 October 
Henderson Smaller Cos Investment Trust PLCdividend payment date
Biffa PLCdividend payment date
Tuesday 11 October 
RPS Group PLCdividend payment date
Wednesday 12 October 
Assura PLCdividend payment date
Thursday 13 October 
AVI Japan Opportunity Trust PLCex-dividend date
BlackRock Latin American Investment Trust PLCex-dividend date
Close Brothers Group PLCex-dividend date
Crest Nicholson Holdings PLCdividend payment date
Custodian REIT PLCex-dividend date
Howden Joinery Group PLCex-dividend date
Invesco Bond Income Plus Ltdex-dividend date
JPMorgan Asia Growth & Income PLCex-dividend date
JPMorgan Emerging Markets Investment Trust PLCex-dividend date
JPMorgan Mid Cap Investment Trust PLCex-dividend date
Kerry Group PLCex-dividend date
M P Evans Group PLCex-dividend date
Macfarlane Group PLCdividend payment date
Me Group International PLCex-dividend date
NCC Group PLCex-dividend date
Primary Health Properties PLCex-dividend date
Ruffer Investment Co Ltdex-dividend date
Schroder Income Growth Fund PLCex-dividend date
Senior PLCex-dividend date
Spirax-Sarco Engineering PLCex-dividend date
Strategic Equity Capital PLCex-dividend date
Taylor Wimpey PLCex-dividend date
Tesco PLCex-dividend date
TT Electronics PLCdividend payment date
WPP PLCex-dividend date
XP Power Ltddividend payment date
Friday 14 October 
Bakkavor Group PLCdividend payment date
Baltic Classifieds Group PLCdividend payment date
Braemar PLCdividend payment date
Chelverton UK Dividend Trust PLCdividend payment date
Derwent London PLCdividend payment date
Foresight Group Holdings Ltddividend payment date
Forterra PLCdividend payment date
Genel Energy PLCdividend payment date
Henry Boot PLCdividend payment date
Highcroft Investments PLCdividend payment date
JPMorgan European Growth & Income PLCdividend payment date
PageGroup PLCdividend payment date
PageGroup PLCspecial dividend date
Palace Capital PLCdividend payment date
Regional REIT Ltddividend payment date
Restore PLCdividend payment date
Severfield PLCdividend payment date
Standard Chartered PLCdividend payment date
Trifast PLCdividend payment date
  
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1 Sep 2022 17:10

LONDON MARKET CLOSE: Gloomy PMI's, China lockdown send stocks running

(Alliance News) - Stocks in London ended Thursday covered in red, with a new lockdown in China and disappointing PMI prints around the world sending investors for cover.

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25 Aug 2022 15:54

UK dividends calendar - next 7 days

Friday 26 August 
Aberforth Smaller Companies Trust PLCdividend payment date
abrdn Property Income Trust Ltddividend payment date
Alternative Income REIT PLCdividend payment date
Aptitude Software Group PLCdividend payment date
Atrato Onsite Energy PLCdividend payment date
BlackRock Throgmorton Trust PLCdividend payment date
Bloomsbury Publishing PLCdividend payment date
CQS Natural Resources Growth & Income PLCdividend payment date
CQS New City High Yield Fund Ltddividend payment date
Dunedin Income Growth Investment Trust PLCdividend payment date
Gore Street Energy Storage Fund PLCdividend payment date
Greencoat Renewables PLCdividend payment date
Greencoat UK Wind PLCdividend payment date
Henderson Far East Income Ltddividend payment date
Impax Environmental Markets PLCdividend payment date
International Biotechnology Trust PLCdividend payment date
M&G Credit Income Investment Trust PLCdividend payment date
Mediclinic International PLCdividend payment date
Octopus Renewables Infrastructure Trust PLCdividend payment date
Porvair PLCdividend payment date
PRS REIT PLCdividend payment date
Quixant PLCdividend payment date
Schroder Oriental Income Fund Ltddividend payment date
Starwood European Real Estate Finance Ltddividend payment date
Target Healthcare REIT PLCdividend payment date
Volex PLCdividend payment date
Monday 29 August 
Ecofin US Renewables Infrastructure Trust PLCdividend payment date
Tuesday 30 August 
JPMorgan Global Core Real Assets Ltddividend payment date
Scottish Investment Trust PLCdividend payment date
Wednesday 31 August 
AEW UK REIT PLCdividend payment date
Anglo Pacific Group PLCdividend payment date
Bankers Investment Trust PLCdividend payment date
City of London Investment Trust PLCdividend payment date
Custodian REIT PLCdividend payment date
Ecofin Global Utilities & Infrastructure Trust PLCdividend payment date
Henderson International Income Trust PLCdividend payment date
Jupiter Fund Management PLCdividend payment date
Picton Property Income Ltddividend payment date
Polar Capital Global Financials Trust PLCdividend payment date
Polar Capital Global Healthcare Trust PLCdividend payment date
UK Commercial Property REIT Ltddividend payment date
UK Commercial Property REIT Ltdspecial dividend date
Thursday 1 September 
abrdn Equity Income Trust PLCex-dividend date
Admiral Group PLCex-dividend date
Admiral Group PLCspecial dividend date
Antofagasta PLCex-dividend date
Apax Global Alpha Ltdex-dividend date
BlackRock Income & Growth Investment Trust PLCdividend payment date
BlackRock World Mining Trust PLCex-dividend date
Centamin PLCex-dividend date
Clarkson PLCex-dividend date
CT UK Capital & Income Investment Trust PLCex-dividend date
Diversified Energy Co PLCex-dividend date
Downing Renewables & Infrastructure Trust PLCex-dividend date
Genuit Group PLCex-dividend date
Glencore PLCex-dividend date
Hochschild Mining PLCex-dividend date
Inspecs Group PLCex-dividend date
InterContinental Hotels Group PLCex-dividend date
International Personal Finance PLCex-dividend date
Invesco Perpetual UK Smaller Companies Investment Trust PLCex-dividend date
JLEN Environmental Assets Group Ltdex-dividend date
JPMorgan American Investment Trust PLCex-dividend date
JPMorgan China Growth & Income PLCdividend payment date
JPMorgan Claverhouse Investment Trust PLCdividend payment date
JPMorgan Global Growth & Income PLCex-dividend date
Knights Group Holdings PLCex-dividend date
LondonMetric Property PLCex-dividend date
Me Group International PLCspecial dividend date
Miton UK Microcap Trust PLCex-dividend date
Momentum Multi-Asset Value Trust PLCex-dividend date
PageGroup PLCex-dividend date
PageGroup PLCspecial dividend date
PayPoint PLCex-dividend date
Premier Miton Global Renewables Trust PLCex-dividend date
ProCook Group PLCex-dividend date
Quilter PLCex-dividend date
Redde Northgate PLCex-dividend date
Regional REIT Ltdex-dividend date
RM Infrastructure Income PLCex-dividend date
Robert Walters PLCex-dividend date
Savills PLCex-dividend date
SDCL Energy Efficiency Income Trust PLCex-dividend date
TClarke PLCex-dividend date
UK Commercial Property REIT Ltdspecial dividend date
Unilever PLCdividend payment date
Utilico Emerging Markets Trust PLCex-dividend date
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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9 Aug 2022 17:00

LONDON MARKET CLOSE: FTSE lifted by oil as mood sours ahead of US CPI

(Alliance News) - The FTSE 100 outperformed on Tuesday due to oil price strength, but the mood was tetchy on the eve of a key US inflation data print.

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8 Aug 2022 17:06

LONDON MARKET CLOSE: Strong start to week as US inflation data looms

(Alliance News) - Stocks in London sprang into the new week after Friday's US jobs data lessened recession fears.

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8 Aug 2022 12:11

LONDON MARKET MIDDAY: Stocks rise as attention turns to US CPI report

(Alliance News) - Stock prices in London were higher at midday after positive employment figures from the US on Friday and export growth from China on Monday, while tensions over Taiwan continued to simmer between the two.

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8 Aug 2022 09:09

LONDON MARKET OPEN: Stocks rise: PageGroup cautious on outlook

(Alliance News) - Stock prices in London opened higher on Monday as investors prepare for another big week of earnings, while PageGroup shares fell sharply on cautious outlook comments.

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8 Aug 2022 08:52

TOP NEWS: PageGroup affirms 2022 outlook following 80% jump in profit

(Alliance News) - Recruiter PageGroup PLC on Monday reported a sharp jump in half-year profit, on the back of wage inflation and labour market staff shortages.

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8 Aug 2022 07:55

PageGroup backs full-year expectations as H1 profits grow

(Sharecast News) - PageGroup backed its full-year expectations on Monday as it posted a rise in first-half pre-tax profit and revenue, but also struck a note of caution in its outlook, sending shares in the recruiter sliding.

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8 Aug 2022 07:50

LONDON MARKET PRE-OPEN: PageGroup profit up, declares special payout

(Alliance News) - Stock prices in London were seen opening higher on Monday, as investors gear up for another week of earnings from prominent listings, as well as key economic data.

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1 Aug 2022 16:04

UK earnings, trading statements calendar - next 7 days

Tuesday 2 August 
BP PLCHalf Year Results
Capital & Counties Properties PLCHalf Year Results
Coats Group PLCHalf Year Results
Devro PLCHalf Year Results
Direct Line Insurance Group PLCHalf Year Results
Domino's Pizza Group PLCHalf Year Results
Fresnillo PLCHalf Year Results
Greggs PLCHalf Year Results
Keller Group PLCHalf Year Results
Man Group PLCHalf Year Results
PayPal Holdings IncQ2 Results
Rotork PLCHalf Year Results
Sage Group PLCQ3 Results
Staffline Group PLCHalf Year Results
Synthomer PLCHalf Year Results
Travis Perkins PLCHalf Year Results
Virgin Money UK PLCQ3 Results
Wednesday 3 August 
Bank of Ireland Group PLCHalf Year Results
Keywords Studios PLCTrading Statement
Endeavour Mining PLCHalf Year Results
Ferrexpo PLCHalf Year Results
Hill & Smith Holdings PLCHalf Year Results
Hiscox LtdHalf Year Results
IP Group PLCHalf year Results
LSL Property Services PLCHalf Year Results
Taylor Wimpey PLCHalf Year Results
Thursday 4 August 
Coca-Cola Europacific Partners PLCHalf Year Results
ConvaTec Group PLCHalf Year Results
Evraz PLCHalf Year Results
Glencore PLCHalf Year Results
Gym Group PLCHalf Year Results
Hikma Pharmaceuticals PLCHalf Year Results
Meggitt PLCHalf Year Results
Mondi PLCHalf Year Results
Morgan Sindall Group PLCHalf Year Results
Next PLCTrading Statement
Pantheon International PLCFull Year Results
Revolution Beauty Group PLCFull Year Results
Rolls-Royce Holdings PLCHalf Year Results
ScS Group PLCTrading Statement
Secure Trust Bank PLCHalf Year Results
Serco Group PLCHalf Year Results
Spirent Communications PLCHalf Year Results
Tritax Big Box REIT PLCHalf Year Results
Friday 5 August 
FBD Holdings PLCHalf Year Results
Hargreaves Lansdown PLCFull Year Results
London Stock Exchange Group PLCHalf Year Results
Pets at Home Group PLCTrading Statement
Renewables Infrastructure Group LtdHalf Year Results
WPP PLCHalf Year Results
Monday 8 August 
Clarkson PLC
Half Year Results
Diversified Energy Company PLCHalf Year Results
Griffin Mining LtdHalf Year Results
ITM Power PLCFull Year Results
Kosmos Energy LtdQ2 Results
PageGroup PLCHalf Year Results
RM Infrastructure Income PLCHalf Year Results
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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14 Jul 2022 09:45

LONDON BROKER RATINGS: Berenberg lifts Hunting; Goldman downgrades BHP

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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