WINNERS & LOSERS SUMMARY: Just Eat Drops As Deliveroo Plans Expansion

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - WINNERS----------Glencore, up 2.3%. The miner reported that subsidiary Katanga Mining signed a settlement agreement with the Democratic Republic of the Congo's state mining firm Gecamines. Katanga has been taking part in a joint venture in the DRC with Gecamines called the Kamoto Copper Co, which has been struggling with capital deficiencies. Katanga has a 75% stake and Gecamines 25% in the partnership. Under the settlement, Katanga will pay USD150 million to Gecamines related to "historical" commercial disputes and a further USD41 million related to outstanding expenses in the Kamoto exploration programme.----------Johnson Matthey, up 1.5%. Berenberg raised the chemicals firm's price target to 4,300 pence from 3,680p, while retaining its Buy rating.----------FTSE 100 - LOSERS----------Just Eat, down 8.1%. The online takeaway firm fell as the Guardian newspaper reported late Tuesday that rival Deliveroo intends to sign up 5,000 more UK eateries. Just Eat recently said it was planning to launch its own delivery fleet in the UK, Canada, Australia and New Zealand, competing with Deliveroo. In turn, Deliveroo announced its own UK expansion plans. ----------FTSE 250 - WINNERS----------TalkTalk Telecom, up 4.9%. Merrill Lynch lifted the telecommunications group to a Buy rating from Underperform.----------FTSE 250 - LOSERS----------Dixons Carphone, down 3.8%. The electronics retailer added extra security measures and engaged with cyber security experts after it noted an unauthorised access to its systems and data. In an investigation into the matter, Dixons said that so far it has found a fraudulent attempt to compromise 5.9 million cards in one of the processing systems of Currys PC World and Dixons Travel stores. As a result, the company said about 105,000 non-EU issued payment cards which do not have chip and pin protection have been compromised. Separately, Dixons identified that 1.2 million records containing non-financial personal data, such as name, address or email address, have been accessed. However, the company believes that this information was not taken outside the system and has not resulted in any fraud.----------OTHER MAIN MARKET AND AIM - WINNERS----------Active Energy, up 22%. The renewable energy and forestry management business said that AEG CEE, a joint venture company between Active Energy and Polish coal producer Cobant SP has had its SuperFuel product tested by the Polish Government Burn Test Laboratory. SuperFuel is a combination of Active Energy's CoalSwitch additive, mixed with reclaimed coal from slurry dumps in Upper Silesia, Poland. The blended product has been certified to carry the Polish Government's Ecological Safety Symbol, allowing it to be sold without restriction in the country.----------Upland Resources, up 16%. The oil and gas company intends to raise GBP3.0 million through the issue of 120.0 million shares at a price of 2.5 pence per share. Proceeds will go towards funding the Wick well, offshore UK, which is due to spud in the third quarter of 2018, and to advance potential new ventures in Sarawak, Malaysia, and North Africa.----------Northern Bear, up 15%. The building services company said it has traded strongly over the second half of its financial year to the end of March, leading to the expectation of annual revenue and operating profit being ahead of the year before. Revenue for the year ended March 31, 2017, was GBP45.6 million and operating profit was GBP2.5 million.----------OTHER MAIN MARKET AND AIM - LOSERS----------Connect Group, down 47%. The newspaper distributor materially reduced its adjusted pretax profit expectations for the year ending August 31 and said it will slash its dividend payment due to an extremely disappointing performance in the period following Connect's first half. The reduced expectations is a result of a material fall in volumes, increased costs in the Tuffnells and Pass My Parcel businesses, delays in planned cost savings and disappointing sales in World Cup related products. Connect has decided to close its Pass My Parcel business, and Chief Executive Mark Cashmore and Chief Financial Officer David Bauernfield have decided to step down from their positions.----------Haydale Graphene Industries, down 18%. The graphene materials group said pretax loss for the year ending June 30 will be below internal estimates but broadly in line with the year ago period. Revenue for 2018 financial year is anticipated to grow 15% to 20% year-on-year, but below management expectations. In 2017 financial year, the company recorded a pretax loss of GBP5.6 million and revenue of GBP3.0 million. The profit warning was attributed to the timing difference in recognizing revenue in the second half of the year, longer than expected lead times by customers to reach commercial volumes and unfavourable currency movements. The company's Chief Executive Officer Ray Gibbs has decided to resign from his position once a permanent replacement has been found.----------Dewhurst, down 14%. The components supplier to the lift, keypad and rail industries reported pretax profit of GBP2.8 million for the six months to the end of March, down from GBP3.0 million for the same period the year before. First half revenue fell to GBP24.7 million from GBP26.1 million due to the strengthening of Sterling and weaker demand for keypads.----------