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FTSE 250 movers: Pace plummets

Tue, 08th Mar 2011 15:53
Shares in set-top box maker Pace tumbled after hefty one-off costs cut profits growth to a minimum last year. It also said that a US customer had deferred a major order until next year when the next generation of equipment will be available.The highest riser is online betting exchange operator Betfair which said its core revenue rose by 6.2% in the third quarter of its financial year from a year earlier.Also higher is Plant hire group Ashtead expects to beat expectations for the full-year after narrowing third quarter losses and ramping up revenue by 15%.Derivatives broker Tullett Prebon's profit fell last year as it felt the ongoing impact of the mass poaching of its staff by rival BGC in 2009, sending shares lower.Edging higher is Cobham after US aircraft engine developer Pratt & Whitney awarded a $45m contract to the UK defence firm.FTSE 250 - RisersBetfair Group (BET) 955.00p +7.61%Ashtead Group (AHT) 200.60p +7.56%Heritage Oil (HOIL) 285.90p +4.15%Renishaw (RSW) 1,739.00p +3.27%DS Smith (SMDS) 210.20p +3.14%Avis Europe (AVE) 215.00p +2.87%Computacenter (CCC) 439.90p +2.35%Cable & Wireless Communications (CWC) 50.85p +2.21%Yule Catto & Co (YULC) 225.00p +2.09%Punch Taverns (PUB) 69.40p +2.06%FTSE 250 - FallersPace (PIC) 181.70p -17.60%Supergroup (SGP) 1,401.00p -5.91%Aquarius Platinum Ltd. (AQP) 376.20p -4.76%Hochschild Mining (HOC) 651.50p -4.19%AZ Electronic Materials SA (WI) (AZEM) 292.60p -4.07%Laird (LRD) 156.10p -4.00%TalkTalk Telecom Group (TALK) 135.30p -3.22%Michael Page International (MPI) 508.00p -3.15%WH Smith (SMWH) 452.10p -2.98%Gem Diamonds Ltd. (DI) (GEMD) 271.60p -2.93%

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