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FTSE 250 movers: Dixons dips, PZ Cussons bubbles up

Mon, 24th Jun 2019 15:06

(Sharecast News) - London's FTSE 250 edged 0.02% lower to 19,321.05 in afternoon trade on Monday, as Dixons Carphone was under the cosh yet again following a profit warning last week. The electronics retailer topped the fallers after analysts at Goldman cut the stock's price target from 148p to 130p after Dixons warned last week that an evolving UK mobile market will further hurt results in the new 2020 financial year.PPHE Hotel Group was also down on its first day of trading on the FTSE 250 index, while Bank of Georgia dropped amid fears of instability in the Eastern European nation after its capital endured a fourth night of protests with a coalition of opposition parties demanding the interior minister's resignation amid talk of early parliamentary elections.PZ Cussons was the biggest riser, with stock in Entertainment One also climbing after analysts at Berenberg initiated coverage on shares of the Canadian distribution and production firm at 'buy' with a 475p target price, noting that revenue remained strong despite disruption from the rise of subscription services such as Netflix and Spotify."Even excluding Apple, Google and Facebook, content spending in the US will be over $110bn in 2019 versus $95bn in 2018. While we do not know who will win the SVOD race, we do know that they will all need premium content to capture consumers' attention and wallets. We believe that Entertainment One is well positioned to serve that demand," said analysts.Finally, Neil Woodford's troubled Woodford Patient Capital made gains after it sold shares in two unquoted companies in the business' suspended Equity Income fund, raising £100m.Market MoversFTSE 250 (MCX) 19,321.05 -0.02%FTSE 250 - RisersPZ Cussons (PZC) 225.50p 6.12%Renishaw (RSW) 4,118.00p 5.00%Entertainment One Limited (ETO) 394.40p 4.50%Sirius Minerals (SXX) 14.03p 4.16%Woodford Patient Capital Trust (WPCT) 58.71p 3.92%Bakkavor Group (BAKK) 120.80p 3.42%FDM Group (Holdings) (FDM) 948.00p 3.04%Games Workshop Group (GAW) 4,918.00p 2.59%Contour Global (GLO) 180.40p 2.50%Daejan Holdings (DJAN) 5,550.00p 2.40%FTSE 250 - FallersDixons Carphone (DC.) 104.45p -5.77%PPHE Hotel Group Ltd (PPH) 1,780.00p -5.32%Drax Group (DRX) 277.00p -5.14%Dunelm Group (DNLM) 935.00p -4.49%Network International Holdings (NETW) 569.00p -2.90%Weir Group (WEIR) 1,472.00p -2.68%Amigo Holdings (AMGO) 225.50p -2.59%Bank of Georgia Group (BGEO) 1,563.00p -2.56%Galliford Try (GFRD) 625.00p -2.42%Kainos Group (KNOS) 660.00p -2.37%
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4 Jun 2019 11:23

UPDATE: Hargreaves Bears Brunt Of Woodford Redemption Suspension

LONDON (Alliance News) - Shares in Hargreaves Lansdown PLC fell on Tuesday after star fund manager Neil Woodford suspended withdrawals from its flagship equity fund, which had been a constituent a

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4 Jun 2019 11:21

WINNERS & LOSERS SUMMARY: Hargreaves Falls On Woodford Fund Suspension

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - up 1.8%. Goldman Sachs started coverage on a

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4 Jun 2019 08:50

LONDON MARKET OPEN: Stocks Open Lower After US Tech Stocks Sell Off

LONDON (Alliance News) - Stock prices in London opened lower on Tuesday amid persisting worries about trade tensions and losses posted by technology stocks on Wall Street overnight.Further, a the

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4 Jun 2019 07:30

Star Fund Manager Woodford Suspends Redemptions As Investors Exit

LONDON (Alliance News) - Neil Woodford has suspended withdrawals from his equity income fund as the fund's underperformance resulted in significant outflow of investors.In a statement a

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7 May 2019 09:48

TOP NEWS: Purplebricks Chief Executive Out Amid "Disappointing" Year

LONDON (Alliance News) - Purplebricks Group PLC said Tuesday that Founder & Chief Executive Michael Bruce is stepping down with immediate effect.Bruce is being replaced as CEO by former

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1 May 2019 13:43

Alan Hodson To Depart Woodford Patient Capital Trust Later In May

LONDON (Alliance News) - Woodford Patient Capital Trust PLC on Wednesday confirmed Alan Hodson will leave the firm at its annual general meeting on May 16.Hodson is currently a on board. on

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11 Apr 2019 16:35

Woodford Patient Capital Trust Portfolio Company Raising USD80 Million (ALLISS)

LONDON (Alliance News) - Woodford Patient Capital Trust PLC on Thursday said one of its portfolio companies has entered a securities purchase agreement to raise as much as USD80 million through a

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5 Apr 2019 15:36

Woodford Patient Capital Trust scores 6.9% NAV increase

(Sharecast News) - Woodford Patient Capital Trust climbed on Friday as it reported an increase in net asset value after a number of companies in its portfolio entered the commercialisation phase.

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5 Apr 2019 14:42

FTSE 250 movers: Funding Circle flounders, Amigo arises

(Sharecast News) - London's FTSE 250 index was 0.07% lower at 19,492.70 in afternoon trade on Friday, with Funding Circle leading the index lower.

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5 Apr 2019 10:38

WINNERS & LOSERS SUMMARY: ContourGlobal Rises On Bigger Dividend

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - Group, down 1.3%, Barratt in

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5 Apr 2019 08:09

Woodford Patient Capital Trust Net Asset Value Rises 6.9% In 2018

LONDON (Alliance News) - Woodford Patient Capital Trust PLC on Friday reported an increase in its net asset value, as the largest companies in its portfolio achieved commercialisation FTSE 250 net

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1 Mar 2019 08:29

Woodford Patient Capital Buys Asset Portfolio For Other Woodford Fund (ALLISS)

LONDON (Alliance News) - Woodford Patient Capital Trust PLC on Friday said it acquired a portfolio of unquoted assets for GBP72.9 million from LF Woodford Equity Income Fund.The company the

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21 Sep 2018 10:35

WINNERS & LOSERS SUMMARY: Miners Up On Rising Commodity Prices

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - up 3.3%; Anglo American, up up

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21 Sep 2018 09:12

Woodford Patient Capital Gets 9% Net Asset Value Boost From Holding

LONDON (Alliance News) - Woodford Patient Capital Trust PLC said Friday the value of its portfolio holding Industrial Heat has been upgraded by the firm's fund manager.Woodford said the

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20 Sep 2018 11:09

Woodford Patient Capital First Half Net Asset Value Increases

LONDON (Alliance News) - Woodford Patient Capital Trust PLC on Thursday reported an increase in its net asset value per share at the end of the first half.In the period ended June 30, ended

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