Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksERM.L Share News (ERM)

  • There is currently no data for ERM

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

FTSE 250 movers: Keller hit by delays and weak US market, property stocks surge

Thu, 14th May 2015 12:57

UK stocks rebounded from early losses by mid-afternoon, but recovery remained capped by concerns of Greek instability. Sector-wise, miners and computer services provided the biggest drag, while property stocks and insurers provided a welcome boost.At 2:30 BST, the FTSE 250 was trading 50 points higher at 17,911.3.Keller Group was among the fallers after it said slow construction market in the US, intense competition in the Middle East and project delays have hurt profits and revenues during the last quarter. Heavy snowfall in the US in February and March also had an impact in the group's results.Restaurant Group, owner and operator of Garfunkel's, Frankie & Benny's and Chiquito brands, was in the red despite posting an 8.5% rise in headline sales for the 19 weeks to 10 May. The company added that plans to expand its property portfolio were on track as the company gears up to open between 42 and 50 new restaurants in the current financial year,Metal flow engineering group Vesuvius dipped after revealing a decline in first-quarter revenues, despite reiterating that it expects full-year results to remain in line with market expectations.Euromoney Institutional Investors was trading lower as it warned that challenging market conditions were likely to continue. The group warned that its advertising business had declined in the first half and that its investment banking arms would continue to face adversity in the second half.SIG registered losses after underwhelming investors with flat like-for-like revenue in the first fourth months of 2015, as a solid performance in the UK and Ireland was offset by weakness in Europe.Meanwhile, TalkTalk surged as it raised its growth targets for 2017, following accelerating revenues in the fourth quarter. "British consumers and businesses increasingly appreciate TalkTalk's value for money products, and we are focused on improving our customers' experience still further and growing our already flourishing quad play business," said chief executive Dido Harding.Property stocks including Crest Nicholson Holdings, Zoopla, Berkeley Group Holdings and Countrywide dominated the risers, bolstered by post-election stability.RisersZoopla Property Group (WI) (ZPLA) 225.50p +4.40%Crest Nicholson Holdings (CRST) 497.00p +3.56%Drax Group (DRX) 432.90p +3.47%Countrywide (CWD) 596.50p +2.93%TalkTalk Telecom Group (TALK) 373.50p +2.84%Dechra Pharmaceuticals (DPH) 1,045.00p +2.75%RPS Group (RPS) 221.80p +2.64%Berkeley Group Holdings (The) (BKG) 2,887.00p +2.63%Vedanta Resources (VED) 677.00p +2.58%Workspace Group (WKP) 873.00p +2.52%FallersRestaurant Group (RTN) 682.50p -5.14%Keller Group (KLR) 991.00p -3.69%Fidessa Group (FDSA) 2,298.00p -3.24%Euromoney Institutional Investor (ERM) 1,211.00p -3.12%Telecity Group (TCY) 1,081.00p -3.05%Carillion (CLLN) 329.40p -2.80%SIG (SHI) 205.90p -2.51%AL Noor Hospitals Group (ANH) 829.00p -2.47%Inmarsat (ISAT) 993.00p -2.07%Vesuvius (VSVS) 448.00p -1.71%
More News
4 Jun 2020 07:55

Euromoney revenues rise as it looks to resume events

(Sharecast News) - Euromoney reported a 1% improvement in group revenue in its half-year report on Thursday, to £186.3m, which included a five percentage point reduction from events cancelled as a result of the Covid-19 pandemic, with its underlying revenue change flat.

Read more
28 May 2020 16:17

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
14 May 2020 16:27

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
30 Apr 2020 11:40

Euromoney Institutional Investor Preparing For 173 Event Cancellations

Euromoney Institutional Investor Preparing For 173 Event Cancellations

Read more
30 Apr 2020 09:41

Euromoney pulls prospect of interim dividend amid events business struggle

(Sharecast News) - Euromoney updated the market on both its asset management strategic review and the impact of the Covid-19 coronavirus pandemic on Thursday, confirming it would not be paying an interim dividend as the full impact on its events business remained uncertain.

Read more
16 Mar 2020 09:45

UK BROKER RATINGS SUMMARY: German Banks Cut TUI; RBC Raises Shell

UK BROKER RATINGS SUMMARY: German Banks Cut TUI; RBC Raises Shell

Read more
11 Mar 2020 10:27

UK WINNERS & LOSERS SUMMARY: G4S Slides As Impairments Cut Profit

UK WINNERS & LOSERS SUMMARY: G4S Slides As Impairments Cut Profit

Read more
11 Mar 2020 08:44

Euromoney Warns On Revenue, Profit As Virus Forces Event Cancellations

Euromoney Warns On Revenue, Profit As Virus Forces Event Cancellations

Read more
11 Mar 2020 07:55

Euromoney warns Covid-19 will dent revenue as it cancels events

(Sharecast News) - Event operator Euromoney warned on Wednesday that full-year profit and revenue would take a hit from the Covid-19 outbreak as it announced the cancellation and postponement of a number of events as the virus takes its toll on the industry.

Read more
11 Mar 2020 07:43

LONDON MARKET PRE-OPEN: Pound Tumbles, FTSE Futures Up After BoE Cut

LONDON MARKET PRE-OPEN: Pound Tumbles, FTSE Futures Up After BoE Cut

Read more
9 Mar 2020 09:13

Euromoney Buys Census Commodity Data To Expand Fastmarkets Business

Euromoney Buys Census Commodity Data To Expand Fastmarkets Business

Read more
9 Mar 2020 07:53

Euromoney adds to price reporting business with new acquisition

(Sharecast News) - Information services provider Euromoney Institutional Investor has bought Census Commodity Data, primarily operating through its brand AgriCensus, for an undisclosed sum.

Read more
10 Feb 2020 17:18

UPDATE 1-Global Grain conference in Singapore postponed due to coronavirus

(Adds detail)PARIS, Feb 10 (Reuters) - Next month's Global Grain Asia conference in Singapore, organised by Euromoney Institutional Investor, has been postponed by at least three months due to the coronavirus outbreak, organisers of the event told...

Read more
29 Jan 2020 09:28

UK BROKER RATINGS SUMMARY: TUI And Ryanair Get Upgrades

UK BROKER RATINGS SUMMARY: TUI And Ryanair Get Upgrades

Read more
28 Jan 2020 15:27

M&C Saatchi Hires Gareth Davies, Colin Jones As Independent Directors

M&C Saatchi Hires Gareth Davies, Colin Jones As Independent Directors

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.