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FTSE 250 movers: Supergroup soars on RBC upgrade, Lonmin lower after Exane downgrade

Mon, 27th Apr 2015 13:43

SuperGroup was trading higher as RBC Capital Markets raised its rating on the clothing chain. The broker, which hiked its recommendation to 'outperform' from 'sector perform', also increased its price target to 1,150p on high hopes for the newly appointed management team.Vedanta Resources was boosted as investors anticipate another Chinese stimulus, which could drive construction and therefore demand for metals.Energy stocks such as Soco International and Hunting were bolstered by stronger oil prices, which remained at a four-month high.Shares in Tullow Oil reversed from early gains on weekend reports that the International Tribunal for the Law of the Seas ruled in its favour, allowing the outfit to continue with its exploration activities offshore Ivory Coast.Lonmin was also in the red as analysts at Exane BNP Paribas dramatically cut their price target for the stock from 260p to 133p. Analysts cut their platinum price estimates by 25% in the current year and 23% in the next, reflecting the view that "platinum/rhodium prices are likely to remain no more than a function of marginal production costs in the short/medium term, with recurring risks of a margin squeeze for platinum producers owing to unabated inflationary pressure in South Africa".Zoopla was trading lower on looming election uncertainty, as Labour's 'mansion tax' threatens to affect the property group's premium trade.RisersSupergroup (SGP) 992.00p +5.03%Vedanta Resources (VED) 654.50p +3.64%UBM (UBM) 567.00p +3.47%Ocado Group (OCDO) 353.20p +3.21%IMI (IMI) 1,260.00p +2.94%Balfour Beatty (BBY) 247.20p +2.40%Tate & Lyle (TATE) 619.50p +2.40%Britvic (BVIC) 759.50p +2.01%Ashmore Group (ASHM) 311.20p +1.93%Greggs (GRG) 1,116.00p +1.92%FallersTullow Oil (TLW) 405.90p -2.89%Telecom Plus (TEP) 790.00p -2.65%Polymetal International (POLY) 537.50p -2.54%Serco Group (SRP) 131.60p -2.45%Just Retirement Group (JRG) 171.00p -2.29%Centamin (DI) (CEY) 60.00p -2.20%Imagination Technologies Group (IMG) 205.80p -2.19%Acacia Mining (ACA) 286.40p -2.02%Paragon Group Of Companies (PAG) 428.60p -1.94%Saga (SAGA) 186.40p -1.89%
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20 Jan 2017 15:51

Directors dealings: Supergroup founder Dunkerton pares stake

(ShareCast News) - Supergroup founder Julian Dunkerton sold a hefty amount of shares in the £1.25bn market cap fashion retailer, even as its shares continued to trade near their record highs. Dunkerton, who is also the FTSE 250-listed company´s product and brand director hived off 392,156 shares at

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16 Jan 2017 13:32

Ex-divs to take 2.6 points off FTSE 100 on Jan. 19

LONDON, Jan 16 (Reuters) - The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-make

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12 Jan 2017 08:41

SuperGroup hikes dividend as Christmas sales accelerate

(ShareCast News) - Amid troubled times for some more established clothing retailers, SuperGroup, the owner of the Superdry fashion brand, lifted its interim dividend by a quarter after a half year where sales and profits grew strongly in the UK and gained traction in the US and China. And in the 10

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10 Nov 2016 08:39

LONDON MARKET OPEN: Stocks Add To Trump Bounce

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10 Nov 2016 08:38

BUZZ-SuperGroup: best day in 4 mths on H1 sales beat

** SuperGroup +7.6%, biggest one-day rise since mid-July ** H1 retail LfL +12.8% (well ahead of +2.6% consensus flagged by Liberum) ** Top of FTSE 250 and among most actively traded stocks on the index (RM: tricia.wright1.thomsonreuters.com@reuters.net)

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10 Nov 2016 07:55

TOP NEWS: SuperGroup Sales Surge But Gross Margin Squeezed

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10 Nov 2016 07:47

Supergroup surges as it posts jump in H1 sales, says FY profit will meet views

(ShareCast News) - Supergroup shares surged on Thursday after the FTSE 250 owner of clothing brand Superdry reported a bigger-than-expected jump in first-half revenue and said it expects full-year profit to be in line with market expectations of £84.6m. In a trading update for the 26-week period to

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17 Oct 2016 15:04

Clothing retailers' sales decline again, Kantar criticises discounting

(ShareCast News) - UK clothing retailers have seen sales fall for four months in a row, according to a survey published on Monday that criticised the industry's habit of over-buying and deep discounting. Since June saw the first fall in the value of the UK fashion market, data from Kantar Worldpanel

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16 Sep 2016 15:09

UK Dividends Calendar - Next 7 Days

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7 Sep 2016 15:03

UK Shareholder Meetings Calendar - Next 7 Days

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18 Jul 2016 14:06

SuperGroup among FTSE 250 stocks going ex-div on Jul 21

LONDON, July 18 (Reuters) - There are no FTSE 100 companies going ex-dividend on Thursday, although two British mid-cap companies are set to trade without entitlement to their latest dividend payouts. Among FTSE 250 companies going ex-dividend are: COMPANY

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15 Jul 2016 08:56

Friday newspaper share tips: Experian, Supergroup

(ShareCast News) - There's more to go for at Experian, The Daily Telegraph's Questor said, pointing to the recent successes by the company when it comes to product innovation and cultivating more communication between its business units. That innovation is serving the company well, allowing it to gr

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14 Jul 2016 16:06

LONDON MARKET CLOSE: Stocks Mixed But Pound Higher After BoE Stays Put

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14 Jul 2016 15:08

UK Dividends Calendar - Next 7 Days

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14 Jul 2016 14:22

SuperGroup says diversification means well placed to weather Brexit fallout

LONDON, July 14 (Reuters) - SuperGroup, the British company behind the Superdry fashion brand, is well placed to weather sterling's depreciation in the wake of the Brexit vote thanks to its overseas expansion strategy, its boss said on Thursday. The firm, whose trademark jackets, hooded top

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