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FTSE 250 movers: Property and energy stock higher, Esure hit by downgrade

Wed, 18th Mar 2015 12:59

Property service group Countrywide and estate agent Savills were trading higher after George Osborne announced his approval of a series of new housing zones in the Budget, including Plymouth and Blackpool.Spire Healthcare Group was also among the risers after JPMorgan raised their price target on the stock from 336p to 376p.After a slow start, energy stocks such as Nostrum Oil & Gas, Riverstone Energy and Soco International pushed into positive territory, extending strong gains made on Tuesday on speculation about tax breaks in the North Sea.Insurer Esure was in the red on a downgrade from equities research analysts at Canaccord Genuity. The broker shifted its rating to 'hold', while also lowering its price target from 230p to 225p.Mining stocks were retreating after solid gains on Tuesday, with Vedanta Resources leading the fallers.RisersSoco International (SIA) 147.80p +5.57%Allied Minds (ALM) 662.50p +4.66%Ted Baker (TED) 2,828.00p +3.78%Amec Foster Wheeler (AMFW) 925.00p +3.53%Savills (SVS) 766.50p +3.30%Morgan Advanced Materials (MGAM) 342.70p +3.19%Countrywide (CWD) 537.00p +3.07%Spire Healthcare Group (SPI) 365.30p +2.99%Riverstone Energy Limited (RSE) 1,036.00p +2.98%Nostrum Oil & Gas (NOG) 566.00p +2.91%FallersVedanta Resources (VED) 421.30p -4.81%Just Eat (JE.) 347.80p -4.71%Bank of Georgia Holdings (BGEO) 1,761.00p -4.24%Thomas Cook Group (TCG) 144.50p -4.05%Afren (AFR) 3.08p -3.99%Carillion (CLLN) 328.10p -2.99%Premier Oil (PMO) 136.90p -2.84%esure Group (ESUR) 221.20p -2.25%Hunting (HTG) 464.30p -2.03%Cairn Energy (CNE) 150.80p -2.01%
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31 Dec 2020 08:21

LONDON BRIEFING: Countrywide Accepts Raised Takeover Bid From Connells

LONDON BRIEFING: Countrywide Accepts Raised Takeover Bid From Connells

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31 Dec 2020 07:50

LONDON MARKET PRE-OPEN: Connells Raises Countrywide Takeover Offer

LONDON MARKET PRE-OPEN: Connells Raises Countrywide Takeover Offer

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7 Dec 2020 12:38

LONDON MARKET MIDDAY: FTSE 100 Rises As Pound Falls To Three-Month Low

LONDON MARKET MIDDAY: FTSE 100 Rises As Pound Falls To Three-Month Low

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7 Dec 2020 11:00

UK WINNERS & LOSERS SUMMARY: IMIMobile Jumps On Cisco Takeover

UK WINNERS & LOSERS SUMMARY: IMIMobile Jumps On Cisco Takeover

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7 Dec 2020 10:12

Connells Lifts Takeover Offer For Countrywide Amid Battle With Alchemy

Connells Lifts Takeover Offer For Countrywide Amid Battle With Alchemy

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7 Dec 2020 08:58

LONDON MARKET OPEN: Weak Pound Boosts FTSE 100; Countrywide Surges 18%

LONDON MARKET OPEN: Weak Pound Boosts FTSE 100; Countrywide Surges 18%

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7 Dec 2020 08:26

LONDON BRIEFING: M&A Provides Market Interest As Brexit Talks Drag On

LONDON BRIEFING: M&A Provides Market Interest As Brexit Talks Drag On

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7 Dec 2020 07:58

Connells ups Countrywide bid to £112m

(Sharecast News) - Connells has increased its offer for Countrywide to lodge a cash bid valuing the estate agent company at £112.1m excluding debt.

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7 Dec 2020 07:57

LONDON MARKET PRE-OPEN: Connells Improves Cash Offer For Countrywide

LONDON MARKET PRE-OPEN: Connells Improves Cash Offer For Countrywide

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4 Dec 2020 13:47

Alchemy reveals shareholder support for Countywide deal

(Sharecast News) - Alchemy Partners said it had the support of almost 45% of Countrywide's shareholders for its proposed offer for the company.

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2 Dec 2020 09:42

Connells Opposes Countrywide Deal With Alchemy As Takeover Rejected

Connells Opposes Countrywide Deal With Alchemy As Takeover Rejected

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2 Dec 2020 09:28

Countrywide rejects Connells offer

(Sharecast News) - Countrywide said on Wednesday that it has rejected a possible 250p a share takeover approach from real estate management company Connells and that it is in talks with private equity group Alchemy Partners about a possible cash injection.

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24 Nov 2020 13:27

Former William Hill CEO Brought In To Lead Talks On Countrywide's Fate

Former William Hill CEO Brought In To Lead Talks On Countrywide's Fate

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24 Nov 2020 11:28

Countrywide shareholders reject rescue plan, chairman quits

(Sharecast News) - Countrywide's recapitalisation plans were thrown into disarray on Tuesday after shareholders rejected a £90m offer from Alchemy Partners.

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23 Nov 2020 20:17

IN BRIEF: Countrywide Suitor Affirms GBP82 Million Approach

IN BRIEF: Countrywide Suitor Affirms GBP82 Million Approach

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