(Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - WINNERS----------Ashtead, up 1.6%. The equipment rental firm was extending gains after closing up 6.1% on Tuesday on the back of a strong set of annual results.----------FTSE 100 - LOSERS----------International Consolidated Airlines, down 3.9%, easyJet, down 2.5%. HSBC cut its ratings on both the airlines to Reduce from Hold.----------Just Eat, down 3.9%. UBS cut the takeaway delivery platform to Neutral from Buy.----------FTSE 250 - WINNERS----------CYBG, up 4.5%. The lender affirmed guidance for 2019, with its rebrand as Virgin Money UK to be completed by the end of the year. UK lender CYBG, which owns Clydesdale Bank and Yorkshire Bank, bought Virgin Money in a GBP1.7 billion deal in 2018. CYBG's name will change by the end of 2019, it said, with the Virgin Money brand to be relaunched and rebranded late in the year. CYBG has unveiled a range of new targets, reaffirming guidance for its year ending September 2019 of a net interest margin of 165 basis points to 170 basis points, with the margin at 172 basis points at December 31, the end of CYBG's first quarter. By the end of financial 2022, CYBG is targeting GBP200 million of net cost savings, operating costs of less than GBP780 million, and a cost to income ratio in the mid 40%s. ----------FTSE 250 - LOSERS----------Saga, down 13%. The over-50s insurer and holiday firm said trading has been broadly in line with expectations but its Tour Operations unit has been hurt by "current political uncertainties". Saga said travel market conditions are "very competitive" and have suffered from "current political uncertainties". As a result, Tour Operations booked revenue for Saga's financial year to January 31 were down 4% as at June 15 versus the year before. Moreover, Tour Operations margins have been hit by competitive discounting. The over-50s insurance and travel company did note that Cruise bookings have been "more resilient" and are expected to align with target booking levels for its year. Moreover, forward bookings for its year to January 2021 are "broadly on track".----------Ted Baker, down 5.8%. HSBC cut the fashion retailer to Hold from Buy.----------OTHER MAIN MARKET AND AIM - WINNERS----------Nu-Oil & Gas, up 20%. The development and production firm's joint venture company is to work with Petrofac to find "stranded" gas recovery projects. Marginal Field Development Co, or MFDevCo, is 50%-owned by Nu-Oil with RMRI owning the rest. MFDevCo and oilfield services firm Petrofac, which is also London-listed, will work together to make, deliver, and operate gas-to-wire facilities at marginal gas field. ----------Blackbird, up 18%. The cloud video platform operator said it said it has signed a "significant six-figure, multi-year deal" with broadcasting company A+E Networks. A+E Networks in a joint venture between Hearst Communications and Disney Media Networks, a unit of The Walt Disney Co. Under the agreement, A+E Networks will incorporate Blackbird's cloud platform into its media infrastructure to manage a range of key video workflows. The company said the agreement with A+E Networks will foster Blackbird's international growth, particularly in North America.----------OTHER MAIN MARKET AND AIM - LOSERS----------Bagir, down 30%. The Israeli tailor agreed with Shandong Ruyi Technology Group on a further extension of the completion date of its USD16.5 million investment. In addition, Bagir said trading conditions have remained challenging, however it has seen a strong start to 2019 with a rise in sales. Following discussions with the Chinese textile manufacturer Shandong Ruyi, Bagir has extended the unconditional completion date to the end of March 2020. In November 2017, Bagir announced a strategic partnership with Shandong, in which Shandong would invest USD16.5 million for 359.6 million Bagir shares at a price of 3.5 pence each. This would give Shandong a 54% stake in Bagir. Over the last 18 months, Bagir has received USD3.3 million in non-refundable payments from Shandong. Concerning Bagir's current trading, sales for the five months to the end of May rose to USD27.0 million from USD21.8 million for the same period a year before.----------Petrel Resources, down 26%. The oil explorer said its loss was many times smaller in 2018 after a substantial impairment the year before which did not repeat but expressed a great deal of pessimism, calling Irish offshore oil "a sorry scene". The oil explorer incurred a EUR4.1 million impairment charge in 2017 after writing off its 20% investment in Amira Hydrocarbons Wasit. As no such impairment was made in 2018, Petrel's annual pretax loss was EUR239,042, attributable entirely to expenses and only a small fraction of its EUR4.4 million 2017 loss. Nonetheless, Chair John Teeling's statement expressed clear frustration with changes to taxation laws, a push to outlaw offshore exploration, and difficulty obtaining drill permits. Petrel has struggled to gain approval to take total ownership of Frontier Exploration licence 3/14 and extend the first phase, with almost a year needed to obtain consent.----------
UK earnings, trading statements calendar
Date | Company | Event |
10Jan24 | Glenveagh Properties PLC | Trading Statement |
10Jan24 | Greggs PLC | Trading Statement |
10Jan24 | Gym Group PLC | Trading Statement |
10Jan24 | Hunting PLC | Trading Statement |
10Jan24 | J Sainsbury PLC | Trading Statement |
10Jan24 | Nichols PLC | Trading Statement |
10Jan24 | Persimmon PLC | Trading Statement |
11Jan24 | Atrato Onsite Energy PLC | Full Year Results |
11Jan24 | Ferrexpo PLC | Full Year Results |
11Jan24 | Hilton Food Group PLC | Full Year Results |
11Jan24 | Knights Group Holdings PLC | Half Year Results |
11Jan24 | Marks & Spencer Group PLC | Trading Statement |
11Jan24 | MJ Gleeson PLC | Trading Statement |
11Jan24 | Reach PLC | Trading Statement |
11Jan24 | Robert Walters PLC | Trading Statement |
11Jan24 | Taylor Wimpey PLC | Trading Statement |
11Jan24 | Tesco PLC | Trading Statement |
11Jan24 | Trustpilot Group PLC | Trading Statement |
11Jan24 | Whitbread PLC | Trading Statement |
11Jan24 | XP Power Ltd | Trading Statement |
12Jan24 | no events scheduled | |
15Jan24 | Ashmore Group PLC | Trading Statement |
15Jan24 | Assura PLC | Trading Statement |
15Jan24 | Hercules Site Services PLC | Full Year Results |
15Jan24 | PageGroup PLC | Trading Statement |
15Jan24 | Ramsdens Holdings PLC | Full Year Results |
15Jan24 | RS Group PLC | Trading Statement |
15Jan24 | TwentyFour Select Monthly Income Fund Ltd | Full Year Results |
16Jan24 | Alliance Pharma PLC | Trading Statement |
16Jan24 | CAB Payments Holdings PLC | Trading Statement |
16Jan24 | Card Factory PLC | Trading Statement |
16Jan24 | Catalyst Media Group PLC | Full Year Results |
16Jan24 | DFS Furniture PLC | Trading Statement |
16Jan24 | Experian PLC | Trading Statement |
16Jan24 | Genel Energy PLC | Trading Statement |
16Jan24 | IntegraFin Holdings PLC | Trading Statement |
16Jan24 | McBride PLC | Trading Statement |
16Jan24 | Naked Wines PLC | Trading Statement |
16Jan24 | Ninety One PLC and Ltd | Trading Statement |
16Jan24 | Ocado Group PLC | Trading Statement |
16Jan24 | Revolution Bars Group PLC | Trading Statement |
16Jan24 | Rio Tinto PLC | Trading Statement |
16Jan24 | THG PLC | Trading Statement |
16Jan24 | Wise PLC | Trading Statement |
17Jan24 | Alpha Group International PLC | Trading Statement |
17Jan24 | Antofagasta PLC | Trading Statement |
17Jan24 | Bankers Investment Trust PLC | Full Year Results |
17Jan24 | Brooks Macdonald Group PLC | Trading Statement |
17Jan24 | Diploma PLC | Trading Statement |
17Jan24 | Galliford Try Holdings PLC | Trading Statement |
17Jan24 | Gateley Holdings PLC | Half Year Results |
17Jan24 | Ibstock PLC | Trading Statement |
17Jan24 | Liontrust Asset Management PLC | Trading Statement |
17Jan24 | Midwich Group PLC | Trading Statement |
17Jan24 | Oxford BioDynamics PLC | Full Year Results |
17Jan24 | Pearson PLC | Trading Statement |
17Jan24 | Rathbones Group PLC | Trading Statement |
17Jan24 | S4 Capital PLC | Trading Statement |
17Jan24 | Safestore Holdings PLC | Full Year Results |
17Jan24 | Smiths Group PLC | Trading Statement |
17Jan24 | Team17 Group PLC | Trading Statement |
18Jan24 | AJ Bell PLC | Trading Statement |
18Jan24 | Bakkavor Group PLC | Trading Statement |
18Jan24 | boohoo Group PLC | Trading Statement |
18Jan24 | Centamin PLC | Full Year Results |
18Jan24 | Centaur Media PLC | Trading Statement |
18Jan24 | Costain Group PLC | Trading Statement |
18Jan24 | Craneware PLC | Trading Statement |
18Jan24 | Currys PLC | Trading Statement |
18Jan24 | Dr Martens PLC | Trading Statement |
18Jan24 | Dunelm Group PLC | Trading Statement |
18Jan24 | Energean PLC | Trading Statement |
18Jan24 | Flutter Entertainment PLC | Trading Statement |
18Jan24 | Frontier Developments PLC | Half Year Results |
18Jan24 | Hays PLC | Trading Statement |
18Jan24 | Headlam Group PLC | Trading Statement |
18Jan24 | Hotel Chocolat Group PLC | Trading Statement |
18Jan24 | Judges Scientific PLC | Trading Statement |
18Jan24 | Kier Group PLC | Trading Statement |
18Jan24 | Marshalls PLC | Trading Statement |
18Jan24 | N Brown Group PLC | Trading Statement |
18Jan24 | NewRiver REIT PLC | Trading Statement |
18Jan24 | Sage Group PLC | Trading Statement |
18Jan24 | TheWorks.co.uk PLC | Half Year Results |
18Jan24 | WAG Payment Solutions PLC | Trading Statement |
19Jan24 | 4imprint Group PLC | Trading Statement |
19Jan24 | AB Dynamics PLC | Full Year Results |
19Jan24 | Burberry Group PLC | Trading Statement |
19Jan24 | Close Brothers Group PLC | Trading Statement |
19Jan24 | Deliveroo PLC | Trading Statement |
19Jan24 | Petershill Partners PLC | Trading Statement |
19Jan24 | Spirent Communications PLC | Trading Statement |
22Jan24 | Baillie Gifford US Growth Trust PLC | Half Year Results |
22Jan24 | City of London Investment Group PLC | Trading Statement |
22Jan24 | Edinburgh Worldwide Investment Trust PLC | Full Year Results |
22Jan24 | Polar Capital Global Financials Trust PLC | Full Year Results |
23Jan24 | Aptitude Software Group PLC | Trading Statement |
23Jan24 | Associated British Foods PLC | Trading Statement |
23Jan24 | CC Japan Income & Growth Trust PLC | Full Year Results |
23Jan24 | Crest Nicholson Holdings PLC | Full Year Results |
23Jan24 | FireAngel Safety Technology Group PLC | Trading Statement |
23Jan24 | Henry Boot PLC | Trading Statement |
23Jan24 | Ilika PLC | Half Year Results |
23Jan24 | Marston's PLC | Trading Statement |
23Jan24 | Premier Foods PLC | Trading Statement |
23Jan24 | Sportech PLC | Trading Statement |
23Jan24 | Staffline Group PLC | Trading Statement |
24Jan24 | Computacenter PLC | Trading Statement |
24Jan24 | Fresnillo PLC | Trading Statement |
24Jan24 | Hargreaves Services PLC | Half Year Results |
24Jan24 | Hochschild Mining PLC | Trading Statement |
24Jan24 | JD Wetherspoon PLC | Half Year Results |
24Jan24 | PayPoint PLC | Trading Statement |
24Jan24 | PensionBee Group PLC | Trading Statement |
24Jan24 | Quilter PLC | Trading Statement |
24Jan24 | TI Fluid Systems PLC | Trading Statement |
25Jan24 | Britvic PLC | Trading Statement |
25Jan24 | CVS Group PLC | Trading Statement |
25Jan24 | Fevertree Drinks PLC | Trading Statement |
25Jan24 | Foxtons Group PLC | Full Year Results |
25Jan24 | Fuller, Smith & Turner PLC | Trading Statement |
25Jan24 | Halfords Group PLC | Trading Statement |
25Jan24 | IG Group Holdings PLC | Half Year Results |
25Jan24 | Intermediate Capital Group PLC | Trading Statement |
25Jan24 | Mitie Group PLC | Trading Statement |
25Jan24 | NCC Group PLC | Half Year Results |
25Jan24 | Newmark Security PLC | Half Year Results |
25Jan24 | Next 15 Group PLC | Trading Statement |
25Jan24 | Secure Trust Bank PLC | Trading Statement |
25Jan24 | St James's Place PLC | Trading Statement |
25Jan24 | Time Finance PLC | Half Year Results |
25Jan24 | Titon Holdings PLC | Full Year Results |
25Jan24 | Wizz Air Holdings PLC | Q3 Results |
26Jan24 | Paragon Banking Group PLC | Trading Statement |
26Jan24 | Record PLC | Trading Statement |
26Jan24 | Taylor Maritime Investments Ltd | Trading Statement |
26Jan24 | WH Smith PLC | Trading Statement |
26Jan24 | YouGov PLC | Trading Statement |
29Jan24 | Team Internet Group PLC | Trading Statement |
30Jan24 | Diageo PLC | Half Year Results |
30Jan24 | Luceco PLC | Trading Statement |
30Jan24 | Pets at Home Group PLC | Trading Statement |
30Jan24 | Renewi PLC | Trading Statement |
30Jan24 | Saga PLC | Trading Statement |
30Jan24 | SSP Group PLC | Trading Statement |
30Jan24 | SThree PLC | Full Year Results |
30Jan24 | Synthomer PLC | Trading Statement |
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