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FTSE 250 movers: PartyGaming surges as sales rise

Thu, 03rd Mar 2011 15:28

Online gambling firm PartyGaming is the best performer on the FTSE 250 after 2010 revenues rose by 15%, after casino games, bingo and sports betting offset weakness from the company's poker operations.Cobham was also higher despite statutory pre-tax profits for 2010 falling to £189m, from £245m, hurt by delays in orders in the US. Revenues edged up to £1.8bn, from £1.75bn.Housebuilder Taylor Wimpey returned to profit in 2010 and has made a positive start to the current year with prices up in some places, sending shares up.Kitchen supplier Howden Joinery topped full year market expectations with a 47% increase in profit, but the market was underwhelmed and shares drifted into the red.Shares in broadcaster ITV are edging into the red the same day that the UK government approved News Corp's bid for BSkyB. News Corp rival Daily Mail and General Trust is also under the weather.Retailers Home Retail Group and JD Sport Fashion also lower.FTSE 250 - RisersPartyGaming (PRTY) 186.10p +6.34%Inchcape (INCH) 405.60p +5.90%Cobham (COB) 221.00p +5.79%Renishaw (RSW) 1,675.00p +5.02%Taylor Wimpey (TW.) 40.91p +4.90%Imagination Technologies Group (IMG) 451.90p +4.85%Elementis (ELM) 149.10p +4.41%Cookson Group (CKSN) 698.50p +3.79%Ashtead Group (AHT) 182.00p +3.70%Devro (DVO) 278.90p +3.68%FTSE 250 - FallersHansen Transmissions International NV (DI) (HSN) 40.17p -4.88%Home Retail Group (HOME) 208.30p -3.43%Marston's (MARS) 93.90p -3.15%ITV (ITV) 90.70p -2.94%Daily Mail and General Trust (DMGT) 542.00p -2.78%Exillon Energy (EXI) 442.20p -2.73%JD Sports Fashion (JD.) 891.00p -2.62%Howden Joinery Group (HWDN) 113.00p -2.59%Ocado Group (OCDO) 208.60p -2.52%Micro Focus International Plc (MCRO) 303.90p -2.47%
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9 Jul 2009 07:18

PartyGaming revenue in line with first quarter

Online poker firm PartyGaming said revenue since 6 April has been in line with that achieved in the first quarter, though full-year distribution costs are expected to be slightly higher than forecast. The group said it has increased marketing spend in certain territories in an effort to capitalise

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8 Jul 2009 17:52

Thursday preview: BoE rate decision, AB Foods, Man Group

The Bank of England's Monetary Policy Committee (MPC) announces its interest rate decision on Thursday. The decision itself is likely to prove a non-event with the MPC unanimously expected to keep the Bank's key lending rate unchanged, but there may be an update on the quantitative easing (QE) progr

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8 Jun 2009 07:48

PartyGaming wins Five online deal

Online gaming firm PartyGaming has signed an agreement with Channel 5 Broadcasting to create a 'Five'-branded bingo and casino eGaming service targeting the UK market. The group did not comment on the financial details of the deal but said the premium online service will launch in the second half

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