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FTSE 250 movers: African Barrick climbs on rating upgrade

Fri, 11th Apr 2014 15:31

African Barrick Gold rose after Numis raised its target price from 170p to 260p and upgraded the miner from 'sell' to 'hold'.Drax also climbed following Deutsche Bank's decision to reiterate its 'buy' rating on the stock.Technology group Pace and biotech-focused Worldwide Healthcare Trust were lower as the wider sector and related stocks fell sharply on the back of the tech-heavy Nasdaq sell-off in the US on Thursday evening. Fund manager Jupiter was lower after it failed to impress with a small increase in assets under management (AuM) during its first quarter, with net inflows totalling over half a billion pounds. AuM rose to £32.21bn in the three months to March 31st, up nearly 2% from £31.66bn at the start of the year.Numis Securities weighed on the share price of stationery and books retailer WH Smith after cutting its recommendation from 'add' to 'hold'.FTSE 250 - RisersITE Group (ITE) 206.90p +2.94%Genus (GNS) 950.50p +1.12%Phoenix Group Holdings (DI) (PHNX) 643.50p +1.02%Croda International (CRDA) 2,571.00p +0.78%KCOM Group (KCOM) 100.20p +0.70%African Barrick Gold (ABG) 259.70p +0.62%Drax Group (DRX) 740.00p +0.61%Dunelm Group (DNLM) 1,007.00p +0.60%Jardine Lloyd Thompson Group (JLT) 1,060.00p +0.47%Euromoney Institutional Investor (ERM) 1,202.00p +0.33%FTSE 250 - FallersPace (PIC) 401.40p -7.85%IP Group (IPO) 196.80p -6.51%Worldwide Healthcare Trust (WWH) 1,200.00p -5.66%Workspace Group (WKP) 574.00p -5.28%Jupiter Fund Management (JUP) 383.70p -5.24%Imagination Technologies Group (IMG) 201.30p -5.09%CSR (CSR) 648.00p -4.92%Intermediate Capital Group (ICP) 438.30p -4.86%Perform Group (PER) 238.10p -4.84%RPS Group (RPS) 305.60p -4.80%NR
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31 Jul 2014 15:45

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18 Jul 2014 15:10

BUZZ-ITE Group Plc: Down on impact of Russia sanctions, airplane crash

July 18 - ** Shares in ITE Group Plc, an exhibitions organiser, slump as much as 6.7 percent among the top losers the FTSE 250. ** ITE, which organises exhibitions and conferences, gets 60 percent of its revenue from Russia, and less than 5 percent from Ukraine. ** "The EU and US a

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18 Jul 2014 14:32

FTSE 250 movers: Carphone Warehouse, Dixons surge as shareholders approve merger

Merger partners Carphone Warehouse and Dixons Retail were both gaining around 5% on Friday afternoon after shareholders overwhelmingly voted in favour of the £3.7bn tie-up yesterday. "I'm delighted that shareholders have unequivocally supported the creation of Dixons Carphone," said Sebastien James

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16 Jul 2014 05:30

UK Earnings, Trading Statements Calendar - Week Ahead

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15 Jul 2014 15:01

UK Earnings, Trading Statements Calendar - Week Ahead

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15 Jul 2014 08:02

ITE Group hit by "challenging" conditions as H1 revenues drop

ITE Group, the trade exhibitions and conferences organiser, said it experienced a "challenging trading environment" in the third quarter with revenues well below last year. The company generated sales of £73m in the three months to June 30th, compared with £96m last year. The decline reflected the

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15 Jul 2014 07:35

UK MORNING BRIEFING: Telecom Plus Leads FTSE 250 On Bullish Outlook

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15 Jul 2014 07:19

CORRECTED-Exhibitions organiser ITE Group's third-quarter revenue falls

(Corrects headline to say revenue fell, not profit) July 15 (Reuters) - Exhibitions organiser ITE Group Plc said third-quarter revenue fell about 24 percent, hurt by the absence of the biennial Moscow International Oil & Gas Exhibition, currency fluctuations and the impact of the Ukrainian

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15 Jul 2014 07:03

ITE Reiterates Confidence Despite Third Quarter Revenue Decline

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15 Jul 2014 06:33

MARKET COMMENT: London Set For Soft Open Ahead Of UK CPI, Yellen

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15 Jul 2014 06:01

*ITE Group Q3 Revenue GBP73M Vs GBP96M

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15 Jul 2014 05:28

UK Earnings, Trading Statements Calendar - Week Ahead

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