WINNERS & LOSERS SUMMARY: Ted Baker Rises On "Resilient" Performance

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - LOSERS----------Just Eat, down 6.0%. Shares in the online takeaway platform were lower following its demotion from the FTSE 100 index after the market close on Wednesday.----------FTSE 250 - WINNERS----------Genus, up 10%. The animal genetics company was upgraded to Buy from Hold by Keppler Cheuvreux. ----------Ted Baker, up 3.2%. The fashion retailer reported a "resilient" performance amid challenging trading conditions, as it responded to allegations of harassment against its founder and chief executive. For the 16 weeks to December 1, the company said group revenue decreased by 0.2% on the prior year, due to an anticipated decline in wholesale sales, which fell 6.5%. However, a good retail sales performance, up 2.3% including e-commerce, "largely offset" the overall decline. E-commerce, on a standalone basis, saw sales up 18%, representing now 30% of the retailer's total sales. Ted Baker has in the past week being rocked by a harassment scandal, after a Sky News report on Sunday revealed the company's staff had launched a online petition to put an end to forced "hugging" and inappropriate touching and comments by Founder & Chief Executive Ray Kelvin. On Thursday, Ted Baker confirmed the appointment of Herbert Smith Freehills to conduct an independent external investigation into the allegations.----------Ferrexpo, up 0.9%. The iron pellet producer said it will return USD40 million to shareholders via a special dividend payment due to strong cash generation. The company declared a special interim dividend of 6.6 cents per share for 2018, versus 3.3 cents declared in 2017. The special payout will be paid on January 14 to shareholders on the register at the close of business on Friday next week. The company said it has continued to trade as expected in the second half of 2018, with iron pellet premiums remaining at the high levels seen in the first half and strong cash generation enabling debt reduction and capital expenditure. Ferrexpo continues to believe seaborne pellet demand to be strong in 2019 on the back of constrained supply. ----------FTSE 250 - LOSERS----------Thomas Cook, down 9.0%. The troubled travel agent was giving back gains from after closing 47% higher on Wednesday. Last week, Thomas Cook warned on profit, cautioned on its outlook and suspended its final dividend. The company was demoted from the FTSE 250 as part of the FTSE index review changes. ----------Bodycote, 7.5%. UBS downgraded the heat treatment and coating services firm to Neutral from Buy. ----------OTHER MAIN MARKET AND AIM - WINNERS----------Trakm8 Holdings, up 15% at 20.7 pence. The telematics and data supply firm said it plans to raise GBP3.0 million to fund working capital requirements via a subscription of shares. The company plans to issue 13.9 million shares at 22.00 pence each, a 22% premium to its closing price on Wednesday. Trakm8 said some of its directors have decided to subscribe for GBP700,000 worth of shares. ----------OTHER MAIN MARKET AND AIM - LOSERS----------Gresham Technologies, down 38%. The real-time transaction and enterprise data software company said it expects its adjusted earnings for 2018 to be "materially" below current market expectations due to contract delays. Gresham warned that due to some significant high-margin software licence deals being delayed into 2019, and the company's "ongoing" investments in product innovation and business development, its adjusted earnings before interest, taxation, depreciation and amortisation for 2018 will fall below expectations. Gresham said it expects revenue for the year to be "broadly" in-line with expectations, due to continued strong growth for its flagship Clareti Transaction Control system, if its planned software deals are contracted and recognised as revenue in 2018. Gresham said 80% of its planned revenue for the year has been contracted due to the "strong demand" for its Clareti Transaction Control. ----------eve Sleep, down 16% at 11.90p. The online mattress retailer said it has secured subscribers for GBP9.9 million worth of new shares, significantly lower than the previously announced GBP15 million equity issue plan. The company said that funds managed by Woodford Investment Management have indicated that they intend to subscribe for up to GBP8.0 million worth of shares at 10.00p per share. Channel 4, an investor of the company which also provides advertising services to eve Sleep, intends to subscribe for GBP900,000. In November, eve Sleep had said it was to raise around GBP15 million of new equity to double its product range and invest in marketing activities. The company added that trading has continued to be strong which will boost annual revenue.----------