FTSE 250 movers: Connaught crashes again

It's a tale of two public-sector facing stocks in the FTSE 250, with shares in social housing group Connaught crashing after it warned that it will post a loss this year and software group Logica rising after saying it will review its public sector business.Connaught said last month that it is reviewing its current year trading performance in the wake of the coalition government's emergency Budget. It said today that it will 'record a material loss at an EBITA (earnings before interest and amortization) level.'Software group Logica is reviewing its UK public sector business as it expects new projects will be slow in the second half, though its guidance for the year is unchanged.Underwriter Catlin is under water after it said first half profits were hit by the BP oil spill in the Gulf of Mexico, record catastrophe losses and adverse foreign exchange movements.FTSE 250 - RisersLogica (LOG) 116.50p +6.49%Laird (LRD) 138.10p +5.50%Ashtead Group (AHT) 99.30p +4.03%Misys (MSY) 264.00p +3.94%Redrow (RDW) 125.80p +3.11%Mitchells & Butlers (MAB) 327.10p +2.83%Ferrexpo (FXPO) 308.00p +2.67%Daejan Holdings (DJAN) 2,370.00p +2.55%Carpetright (CPR) 746.00p +2.47%Game Group (GMG) 69.55p +2.28%FTSE 250 - FallersConnaught (CNT) 17.25p -40.52%Catlin Group (CGL) 365.80p -5.72%Hansteen Holdings (HSTN) 63.00p -4.55%Lancashire Holdings (LRE) 508.50p -4.33%Millennium & Copthorne Hotels (MLC) 488.40p -4.24%Xchanging (XCH) 161.00p -4.11%Spirent Communications (SPT) 128.80p -3.52%Galiform (GFRM) 71.35p -3.12%GKN (GKN) 147.80p -2.18%TR Property Inv Trust Sigma Shares (TRYS) 64.90p -2.11% Castelnau Group