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FTSE 250 movers: Kier recovers, Ted Baker tumbles

Fri, 07th Jun 2019 14:54

(Sharecast News) - London's FTSE 250 was 0.36% higher at 19,139.81 in afternoon trade on Friday, with Kier Group leading the index higher after a week that saw the construction firm's share price tumble on the back of a profit warning.Meanwhile, Games Workshop also advanced as it said sales and profit growth extended to the end of its financial year as it reiterated guidance for annual results, stating that sales for the year to 2 June will be about £254m and pre-tax profit will be at least £80m, versus profit of £74.55m a year earlier.Russ Mould, investment director at AJ Bell, said: "This truly is a business which has hit the right formula to drive up earnings. Historically it rode the hype around Lord of the Rings as the public snapped up miniature fantasy figures, however that catalyst soon fell away once the film series had ended. This time round it has established a bigger group of fans buying into its Warhammer brand and other items, and is not simply relying on a successful film or book series to drive business."Iron ore pellet producer Ferrexpo rallied after saying that group first half underlying earnings were expected to increase "materially" due to higher prices and sales.While Ted Baker was the top faller, Royal Mail was also knocked lower by a downgrade to 'hold' at HSBC, where analysts also cut the stock's target price from 300p to 216p as they argued that, though the post carrier's plan to increase automation and re-orientate the business towards parcels is credible and necessary, the benefits are "clearly back end loaded" based on analyst forecasts.Woodford Patient Capital Trust - run by Neil Woodford - was among the most prominent fallers for a fourth straight session after it emerged on Tuesday that the firm's flagship Equity Income Fund had been suspended after "an increased level of redemptions".Investment platform AJ Bell was in the red after Invesco Asset Management sold 38m shares - a 9.3% stake - in the business for £144.4m.Finally, Pets at Home also edged lower after a downgrade to 'hold' at HSBC as analysts stated that, though the company's long-term potential is "significant", they believe that the stock is fairly valued.Market MoversFTSE 250 (MCX) 19,134.97 0.36%FTSE 250 - RisersKier Group (KIE) 162.80p 11.97%Games Workshop Group (GAW) 4,674.00p 5.13%Just Group (JUST) 46.56p 4.49%Drax Group (DRX) 304.00p 4.18%Spectris (SXS) 2,650.00p 3.68%Babcock International Group (BAB) 476.30p 3.41%Indivior (INDV) 46.07p 3.37%Ferrexpo (FXPO) 246.70p 3.31%3i Infrastructure (3IN) 288.50p 2.85%Dixons Carphone (DC.) 123.85p 2.78%FTSE 250 - FallersTed Baker (TED) 1,265.50p -7.49%Go-Ahead Group (GOG) 1,991.00p -4.28%Royal Mail (RMG) 195.60p -3.88%Fisher (James) & Sons (FSJ) 1,994.00p -3.20%Woodford Patient Capital Trust (WPCT) 62.48p -3.13%FirstGroup (FGP) 103.70p -2.99%Metro Bank (MTRO) 651.00p -2.76%AJ Bell (AJB) 391.00p -2.25%Amigo Holdings (AMGO) 263.50p -2.23%Pets at Home Group (PETS) 176.10p -2.17%
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17 Aug 2022 16:53

Royal Mail workers back strike action in row over terms and conditions

(Alliance News) - Royal Mail PLC workers have voted massively in favour of strikes in a dispute over pay and conditions, increasing the threat of disruption to postal deliveries.

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12 Aug 2022 14:33

BT workers to stage fresh strikes over pay at end of August

(Alliance News) - Workers of BT Group PLC and its wholly-owned subsidiary Openreach Ltd are to stage fresh strikes in a dispute over pay, continuing the summer of industrial action by hundreds of thousands of union members.

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10 Aug 2022 09:53

Royal Mail warns of material loss if strike over pay goes ahead

(Alliance News) - Royal Mail PLC on Tuesday warned that it will be "materially loss making" if the four-day strike organised by the Communication Workers Union takes place.

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10 Aug 2022 09:06

LONDON MARKET OPEN: US inflation report anticipation holds back stocks

(Alliance News) - Stocks in London started Wednesday in a nervous fashion, slipping into the red, with pressure coming from the looming US inflation report due before the New York open.

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10 Aug 2022 07:25

Royal Mail workers to stage four days of strikes

(Sharecast News) - Around 115,000 Royal Mail workers are set to strike on four days in August and September in a dispute over pay, the Communication Workers Union (CWU) said.

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9 Aug 2022 17:50

Royal Mail workers to strike in call for 'dignified, proper pay rise'

(Alliance News) - Royal Mail PLC is set to face disruption, as 115,000 postal workers announce on Tuesday they will stage a series of strikes in the coming weeks in a dispute over pay.

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4 Aug 2022 09:58

LONDON BROKER RATINGS: Goldman likes NatWest; Barclays cuts Just Eat

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

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22 Jul 2022 12:01

IN BRIEF: Royal Mail associate buys GBP100,000 in shares

Royal Mail PLC - London-based letter and parcel delivery company - Katherine Amsden, associate of General Counsel & Company Secretary Mark Amsden, buys 34,262 shares at GBP2.92 each, worth around GBP99,997, in London on Thursday.

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21 Jul 2022 16:47

UK government changes law to help plug staffing gaps caused by strikes

(Alliance News) - Businesses can now provide skilled agency workers to plug staffing gaps caused by strike action under changes to the law coming into force on Thursday, the UK government has announced.

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21 Jul 2022 16:12

UK dividends calendar - next 7 days

Friday 22 July  
abrdn Japan Investment Trust PLCdividend payment date
abrdn Smaller Cos Income Trust PLCdividend payment date
Airtel Africa PLCdividend payment date
Devro PLCdividend payment date
Experian PLCdividend payment date
ICG Enterprise Trust PLCdividend payment date
Impax Asset Management Group PLCdividend payment date
Land Securities Group PLCdividend payment date
Medica Group PLCdividend payment date
Personal Assets Trust PLCdividend payment date
Personal Assets Trust PLCspecial dividend date
RS Group PLCdividend payment date
RWS Holdings PLCdividend payment date
Serica Energy PLCdividend payment date
Troy Income & Growth Trust PLCdividend payment date
Urban Logistics REIT PLCdividend payment date
Monday 25 July 
PayPoint PLCdividend payment date
Tuesday 26 July 
Castings PLCspecial dividend payment
Wednesday 27 July 
Baillie Gifford China Growth Trust PLCdividend payment date
Fidelity China Special Situations PLCdividend payment date
Fuller Smith & Turner PLCdividend payment date
Thursday 28 July 
abrdn Asian Income Fund Ltdex-dividend payment date
AEW UK REIT PLCex-dividend payment date
Atrato Onsite Energy PLCex-dividend payment date
Bankers Investment Trust PLCex-dividend payment date
BlackRock Throgmorton Trust PLCex-dividend payment date
Bloomsbury Publishing PLCex-dividend payment date
Braemar Shipping Services PLCex-dividend payment date
Bytes Technology Group PLCex-dividend payment date
Bytes Technology Group PLCspecial ex-dividend date
Compass Group PLCdividend payment date
CQS Natural Resources Growth & Income PLCex-dividend payment date
CQS New City High Yield Fund Ltdex-dividend payment date
Ecofin Global Utilities & Infrastructure Trust PLCex-dividend payment date
GCP Asset Backed Income Fund Ltdex-dividend payment date
Gore Street Energy Storage Fund PLCex-dividend payment date
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Henderson International Income Trust PLCex-dividend payment date
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International Biotechnology Trust PLCex-dividend payment date
MoneySupermarket.com PLCex-dividend payment date
Monks Investment Trust PLCex-dividend payment date
NewRiver REIT PLCex-dividend payment date
Nichols PLCex-dividend payment date
QinetiQ Group PLCex-dividend payment date
Quixant PLCex-dividend payment date
Redcentric PLCex-dividend payment date
RM PLCex-dividend payment date
Royal Mail PLCex-dividend payment date
Schroder Real Estate Investment Trust Ltdex-dividend payment date
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SSE PLCex-dividend payment date
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21 Jul 2022 11:15

Berenberg lowers target price on Royal Mail

(Sharecast News) - Analysts at Berenberg lowered their target price on postal service operator Royal Mail from 575.0p to 480.0p on Thursday but reiterated their 'buy' rating on the stock.

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21 Jul 2022 09:52

LONDON BROKER RATINGS: Citi likes Haleon, resumes GSK at 'neutral'

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

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20 Jul 2022 12:19

LONDON MARKET MIDDAY: Stocks slide on EU energy supply worries

(Alliance News) - Blue-chip European equities dramatically gave up morning gains by Wednesday afternoon, as an EU energy crisis loomed, grabbing more market attention as the session progressed.

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20 Jul 2022 08:56

LONDON MARKET OPEN: FTSE 100 shakes off overheated UK inflation figure

(Alliance News) - Stocks in Europe got out of the gates strongly on Wednesday, as eyes turn to central banks following a higher-than-expected UK inflation reading and ahead of monetary policy decisions from the Bank of Japan and European Central Bank on Thursday.

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20 Jul 2022 08:25

TOP NEWS: Royal Mail says separation on table as core unit lags GLS

(Alliance News) - Royal Mail PLC on Wednesday unveiled plans for a name change and said it will consider a separation should its UK arm continue to struggle, while its GLS distribution unit shines.

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