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FTSE 250 movers: Plus500 climbs, TalkTalk dialed down

Fri, 29th Mar 2019 15:11

(Sharecast News) - London's FTSE 250 index was 0.86% higher at 18,071.04 in afternoon trade on Friday, as online trading services provider Plus500 dragged the index higher.African Shell licensee Vivo Energy rose along with oilers Tullow Oil and Premier Oil on news that Saudi Arabia will continue to ignore President Donald Trump's tolerance threshold for rising oil prices.The latter's rise came a day after it announced the completion of the $65.6m sale of Premier Oil Pakistan Holdings, which comprises its Pakistan business, to Al-Haj Energy.Hedge fund manager Man Group climbed after Credit Suisse started coverage of the stock with an 'outperform' rating and 180p target price.A Credit Suisse note quoted by the Financial Times said: "Its differentiated products should provide better net new money generation, better relative performance across market conditions and better defence against margin competition than traditional asset managers. Man has returned 50 per cent of its market capitalisation in the past five years and we think consensus is too conservative on first-quarter performance and future buyback assumptions."Jupiter Fund Management was on the rise after UBS analysts raised the stock to 'neutral' from 'sell', also bumping the target price up from 300p to 355p.TalkTalk was the top riser on news that it has struck a deal with Ofcom, along with BT, Sky, Virgin Media and Zen Internet, that will see customers automatically compensated for poor service or missed appointments from Monday 1 April.Budget airline Wizz Air dipped after chief executive Jozsef Varadi sold 72,000 shares in the company on the 28 March at a price of 3020.18p, while Saga was lower ahead of the release of its full-year results next week.Finally, challenger bank Metro Bank edged lower after experiencing "technical issues" with services including its mobile app, online banking platform and telephone banking services, with customers instructed to come instore if they required services.Market MoversFTSE 250 (MCX) 19,071.04 0.86%FTSE 250 - RisersPlus500 Ltd (DI) (PLUS) 754.00p 4.87%Vivo Energy (VVO) 123.38p 4.49%Man Group (EMG) 136.50p 4.36%Jupiter Fund Management (JUP) 362.00p 4.29%Kaz Minerals (KAZ) 648.00p 4.28%Ascential (ASCL) 356.80p 4.21%Entertainment One Limited (ETO) 439.60p 3.68%Sanne Group (SNN) 543.00p 3.43%Tullow Oil (TLW) 237.80p 3.39%Premier Oil (PMO) 93.60p 3.37%FTSE 250 - FallersTalkTalk Telecom Group (TALK) 109.30p -1.97%Clarkson (CKN) 2,360.00p -1.87%Wizz Air Holdings (WIZZ) 3,012.00p -1.63%Victrex plc (VCT) 2,146.00p -1.47%Kier Group (KIE) 357.83p -1.26%Saga (SAGA) 111.70p -1.24%JD Sports Fashion (JD.) 492.00p -1.18%Daejan Holdings (DJAN) 5,860.00p -1.18%Dunelm Group (DNLM) 867.64p -1.18%Metro Bank (MTRO) 758.00p -1.11%
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6 Mar 2019 10:08

Vivo Energy earnings rise as full-year volumes increase

(Sharecast News) - Africa-focussed Shell and Engen fuel retailer Vivo Energy announced a 4% improvement in volumes in its full-year results on Wednesday, to 9.35 billion litres, as its total gross cash unit margin slipped to $73 per thousand litres, from $74 year-on-year.

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6 Mar 2019 08:17

Vivo Energy Annual Profit Rises On Higher Revenue And Volumes

LONDON (Alliance News) - Vivo Energy PLC on Wednesday reported a rise in profit for 2018, on growth in revenue and volumes over the period.Vivo is a downstream petroleum company which sells

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1 Mar 2019 11:11

Vivo Energy enters eight new markets as Engen purchase completes

(Sharecast News) - Vivo Energy announced the completion of its transaction with Engen Holdings on Friday, which added operations in eight new countries, and 230 Engen-branded service stations to Vivo Energy's network.

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1 Mar 2019 07:57

Vivo Energy Completes Deal To Add Operations In Eight New Countries

LONDON (Alliance News) - Vivo Energy PLC said on Friday it has completed its acquisition of Engen Holdings (Pty) Ltd's operations in a number of African countries.In December 2017, Vivo

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27 Feb 2019 16:05

UK Earnings, Trading Statements Calendar - Next 7 Days

Thursday 28 February British American TobaccoFull Year ResultsCRHFull Year Year Insurance

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4 Jan 2019 14:32

FTSE 250 movers: Miners gain ground on China cheer, but Funding Circle drops

(Sharecast News) - London's FTSE 250 was up 1.38% at 17,680.04 in afternoon trade on Friday, underpinned by a strong performance from miners and oilers.

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19 Dec 2018 15:13

FTSE 250 movers: Vivo Energy surges, Kier falls down

(Sharecast News) - London's FTSE 250 was up 0.88% at 17,648.252 in afternoon trade on Wednesday, as Vivo Energy advanced on the back of a strong performance from one of its parent companies.

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4 Dec 2018 14:32

FTSE 250 movers: Ted Baker feels the squeeze while IP Group jumps

(Sharecast News) - London's FTSE 250 was down 0.71% at 18,431.89 in afternoon trade on Tuesday, as hugging controversy continued to dog Ted Baker and IG Group dropped amid new regulatory pressures.

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19 Nov 2018 14:29

FTSE 250 movers: Diploma top of the class as oilers fall

(Sharecast News) - London's FTSE 250 was down 0.57% at 18,694.38 in afternoon trade on Monday, as oil companies dropped amid continuing uncertainty.

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26 Oct 2018 14:45

FTSE 250 movers: Travis Perkins falls apart while Just Group ripens

(Sharecast News) - London's FTSE 250 was down 0.72% to 18,398.42 in afternoon trade on Friday, as the index's tech companies faltered.

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26 Oct 2018 12:16

Friday broker round-up

(Sharecast News) - Polypipe: Numis upgrades to buy with a target price of 450p.

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25 Oct 2018 08:01

Vivo Energy Q3 profits hit by short-term supply disruptions

(Sharecast News) - Vivo Energy on Thursday said third-quarter gross cash profit fell to $167m (£130m) from $171m a year earlier due to short-term supply disruptions in Kenya, Uganda and Ivory Coast.

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25 Oct 2018 07:47

LONDON MARKET PRE-OPEN: Lloyds Banking Loses CFO As BT Gains New CEO

LONDON (Alliance News) - Stock prices in London are set to open lower on Thursday, with dealers becoming even more cautious after US and Asian markets suffered heavy losses overnight.In Lloyds the of

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18 Sep 2018 12:27

Vivo Energy restructures acquisition of Engen holdings in Africa

(Sharecast News) - Vivo Energy has reached an agreement with Engen Holdings to restructure the acquisition of Engen International Holdings Mauritius by its subsidiary Vivo Energy Investments, it announced on Tuesday.

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9 Aug 2018 15:57

Capital Group Holds 5.1% Stake In Vivo Energy After Transaction (ALLISS)

LONDON (Alliance News) - Vivo Energy said Thursday that The Capital Group Cos Inc now holds a 5.1% stake in the company.Capital Group previous holding in the firm, which sells Royal Dutch

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