Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRDSA.L Share News (RDSA)

  • There is currently no data for RDSA

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

WINNERS & LOSERS SUMMARY: Warm Weather Hurting Next And M&S

Tue, 22nd Dec 2015 10:57

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.
----------
FTSE 100 - WINNERS
----------
Oil companies were among the top gainers in the blue-chip index amid more stable oil prices. Royal Dutch Shell 'A' and 'B' shares were up 1.7% and 1.6%, BG Group was up 2.9%, and BP up 1.8%, as Brent oil edged up to USD36.46 a barrel on Tuesday morning from USD36.18 at the close on Monday.
----------
FTSE 100 - LOSERS
----------
ITV, down 2.2%. Shares had gained on Monday after the Mail on Sunday reported talks between ITV and Comcast's TV and film arm NBCUniversal. However, US entertainment trade magazine Variety has since reported that the US media giant dismissed talk of a GBP11.0 billion bid for the British broadcaster. "We don't comment on M&A rumours but the speculation on ITV is just completely inaccurate," spokesman John Demming told Variety.

Marks & Spencer Group, down 2.1% at 438.30p. Nomura cut its price target on M&S to 565.00p from 600.00p, and maintained a Buy rating, while also lowering its price target on rival Next to 7,850.00p from 8,00.00p and maintaining a Neutral rating, after Kantar Worldpanel data on UK clothing market share came out negative for all retailers aside from Associated British Foods' Primark discount chain. Nomura maintained its Neutral rating on AB Foods and a 3,215.00p price target. Next was down 0.3% at 7,199.95p, while AB Foods was down 0.4% at 3,225.00p. The weakness was largely driven by milder weather in November, according to Nomura analyst Fraser Ramzan. The data do not cover the Black Friday discount sale period, but also leave out even milder weather in December against the same month last year.
----------
FTSE 250 - WINNERS
----------
Hays, up 1.3% at 143.20 pence. Goldman Sachs cut its price target on the recruitment company to 201 pence from 210p previously, but reiterated a Buy rating on the stock.
----------
FTSE 250 - LOSERS
----------
International Personal Finance, down 1.1%. The lender is evaluating alternative business models for the Slovakian market, after the passing of unfavourable new consumer legislation. The final legislation is in line with previous expectations, which will result in a "material adverse financial impact" on the company's existing Slovak business.
----------
MAIN MARKET AND AIM - WINNERS
----------
PipeHawk, up 38%. The company's QM Systems subsidiary has been awarded a major contract with Dana UK Axle, a subsidiary of Dana Holding Corp, to deliver a turnkey system for the assembly of vehicle axles at Dana UK Axle's Birmingham facility for over GBP500,000. The system will involve a number of integrated elements including a press and a robotic weld system, according to PipeHawk, which said the project is due for delivery by the end of the second quarter of 2016.

Strategic Minerals, up 20%. The company's Southern Minerals Group subsidiary has obtained an agreement to extend its rights to operate the magnetite operations at the Cobre mine in New Mexico, as it achieved record sales at the mine in December. The rights at Cobre were originally due to expire at the end of February 2016, and have now been extended to March 31, 2017. Sales reached USD75,596 in the week ended December 13, and USD77,981 in the week ended December 20. Average sales for the year were around USD25,000 a week.

Aurora Russia, up 29%. The company has agreed to sell its one residual investment, a minority interest in Unistream Commercial Bank, for about USD5.0 million, and plans to distribute substantially all its net realised cash to shareholders. It is estimated that about GBP4.5 million will be available to fund an initial distribution to shareholders.
----------
MAIN MARKET AND AIM - LOSERS
----------
Infinity Energy, down 48%. The company said it is no longer in talks to acquire 50% interests in nine UK petroleum exploration and development licenses in South Wales, meaning its shares resumed trading following a period of suspension due to the potential reverse takeover. The company had been in talks with Eden Energy Ltd, with its shares suspended on October 15 under stock exchange rules relating to reverse takeovers.

RapidCloud International, down 19%. The computing services company said profit and revenue in 2015 will miss market expectations due to issues in its markets in Malaysia, Singapore and Indonesia, as well as due to investments it has made throughout the year.

Central Rand Gold, down 15%. The South African gold mining and exploration holding company said Johan du Toit has decided to resign and will step down as chief executive from the end of this year to pursue other opportunities, with Non-Executive Director Allen Phillips to take the role on a temporary basis. Central Rand Gold also said it has terminated the process around the sale of Central Rand Gold (Netherlands Antilles) NV with immediate effect, although it is still negotiating with one Asian investor about a strategic investment into the broader group.

Concha, down 15%. The company voiced disappointment that it was unable to add to its investment portfolio in its last financial year, even though it was able to strengthen its balance sheet with a GBP4.0 million equity fundraising back in October 2014. The investment company, which focuses on investing in media, communications and technology businesses, made a loss before and after tax of GBP628,000 in the year ended June 30. That was smaller than the GBP1.2 million loss reported for the prior year.
----------
By Samuel Agini; samagini@alliancenews.com; @samuelagini

Copyright 2015 Alliance News Limited. All Rights Reserved.

More News
27 Oct 2022 07:30

Shell announces $4bn share buyback as Q3 profits beat expectations

(Sharecast News) - Oil giant Shell announced a $4bn share buyback on Thursday as it posted better-than-expected third-quarter profits.

Read more
21 Apr 2022 11:53

Shell turning to China to offload Russian business - report

(Sharecast News) - Shell is reportedly looking to China as it looks to offload its Russian business.

Read more
15 Feb 2022 15:54

Shell preparing to sell North Sea gas fields - report

(Sharecast News) - Shell is reportedly preparing to launch the sale of its stakes in two clusters of gas fields in the southern British North Sea, part of an ongoing retreat of long-time producers from the ageing basin.

Read more
7 Feb 2022 10:52

Berenberg nudges up target price on Shell

(Sharecast News) - Analysts at Berenberg slightly raised their target price on oil and gas giant Shell from 2,350.0p to 2,375.0p on Monday, stating the firm was "on a roll".

Read more
31 Jan 2022 10:53

TOP NEWS SUMMARY: Shell and BHP share unifications go into effect

TOP NEWS SUMMARY: Shell and BHP share unifications go into effect

Read more
31 Jan 2022 07:48

LONDON MARKET PRE-OPEN: WeBuyAnyCar owner buys into Lookers

LONDON MARKET PRE-OPEN: WeBuyAnyCar owner buys into Lookers

Read more
28 Jan 2022 11:25

Shell's renewables boss steps down after less than two years

* Elisabeth Brinton leaves for new role, she says* Shell creates two new renewables leadership roles* Thomas Brostrøm to head renewables generation* Steve Hill to head energy marketingBy Ron BoussoLONDON, Jan 28 (Reuters) - Shell's head of renewable...

Read more
27 Jan 2022 16:14

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
26 Jan 2022 17:02

LONDON MARKET CLOSE: FTSE 100 soars ahead of Fed as oil, travel gain

LONDON MARKET CLOSE: FTSE 100 soars ahead of Fed as oil, travel gain

Read more
26 Jan 2022 14:36

China's Sinopec awards fewer cargoes in recent LNG tender

By Chen Aizhu and Marwa RashadSINGAPORE/LONDON, Jan 26 (Reuters) - Unipec, the oil and gas trading arm of China's Sinopec Corp has awarded fewer-than-planned cargoes in a recent tender to sell up to 45 cargoes of liquefied natural gas for 2022 del...

Read more
26 Jan 2022 12:16

LONDON MARKET MIDDAY: Markets brace for aggressive US Fed tightening

LONDON MARKET MIDDAY: Markets brace for aggressive US Fed tightening

Read more
26 Jan 2022 09:33

UPDATE 2-Commodity, bank stocks lead FTSE 100 higher; Playtech drops

* Oil and banking shares top gainers* Wizz Air reports Q3 loss, expects improvement in spring* FTSE 100 up 1.3%, FTSE 250 add 1.1% (Updates to market close)By Shashank Nayar and Ambar WarrickJan 26 (Reuters) - London's FTSE 100 rose on Wednesday wit...

Read more
26 Jan 2022 09:12

LONDON MARKET OPEN: Fresnillo drops on 2022 production warning

LONDON MARKET OPEN: Fresnillo drops on 2022 production warning

Read more
25 Jan 2022 21:13

UPDATE 1-U.S. awards 13 mln barrel exchange of crude from strategic reserve

(Adds details on sale, background on 50 million barrel SPR plan)WASHINGTON, Jan 25 (Reuters) - The U.S. Department of Energy said on Tuesday it had approved an exchange of 13.4 million barrels of crude oil from the Strategic Petroleum Reserve to ...

Read more
25 Jan 2022 20:10

U.S. awards exchange of 13 mln barrels of crude from strategic reserve

WASHINGTON, Jan 25 (Reuters) - The U.S. Department of Energy said on Tuesday it had approved an exchange of 13.4 million barrels of crude oil from the Strategic Petroleum Reserve to seven companies.The companies are Shell Trading US, 4.2 million ...

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.