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FTSE 250 movers: Supergroup surges on dividend announcement, energy stocks higher

Thu, 26th Mar 2015 13:56

Fashion firm Supergroup topped the risers after saying it would begin paying dividends with an interim payout in its 2015-16 financial year. Chief executive Euan Sutherland also revealed a surprise repurchase of it North American rights.Energy stocks were trading higher as oil prices spiked, including Ophir Energy and Cairn Energy. Ophir Energy was also boosted by an upgrade from 'hold' to 'buy' by analysts at Jefferies.Polymetal International gained as it hailed the potential of its Kutyn project in the wake of positive analysis of its oil reserves. "This capital-light heap-leaching project has excellent potential to generate cash flows in the medium-term; it also offers upside from conversion of the underground resources to ore reserves and a further exploration upside," said chief executive Vitaly Nesis.Card Factory rebounded from Thursday's disappointing dividend, where investors were left waiting for a special dividend.Bodycote was among the fallers after going ex-dividend.Euromoney was trading lower on a downgrade to 'hold' from equities researches at N+1 Singer.RisersSupergroup (SGP) 994.00p +6.48%Just Eat (JE.) 404.30p +4.20%Card Factory (CARD) 293.80p +3.41%Hunting (HTG) 543.00p +1.59%Ophir Energy (OPHR) 140.70p +1.37%Cranswick (CWK) 1,409.00p +1.22%Greggs (GRG) 1,031.00p +1.08%COLT Group SA (COLT) 141.60p +0.71%Cairn Energy (CNE) 162.80p +0.56%Stagecoach Group (SGC) 357.40p +0.37%FallersLadbrokes (LAD) 102.90p -6.20%Bodycote (BOY) 728.00p -5.33%Serco Group (SRP) 173.30p -4.68%BlackRock World Mining Trust (BRWM) 305.00p -4.63%Phoenix Group Holdings (DI) (PHNX) 844.00p -4.42%RPC Group (RPC) 574.50p -4.25%FirstGroup (FGP) 93.85p -4.19%Drax Group (DRX) 378.90p -4.05%Workspace Group (WKP) 853.00p -4.00%Euromoney Institutional Investor (ERM) 1,085.00p -3.98%
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9 Jul 2015 06:30

British fashion chain SuperGroup makes move into China

LONDON, July 9 (Reuters) - SuperGroup, the British company behind the Superdry fashion brand, said it had signed a joint venture deal to enter the Chinese market, as it posted a small rise in annual profit. The firm, whose trademark jackets, hooded tops and jogging bottoms are popular with

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9 Jul 2015 06:30

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7 Jul 2015 15:07

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6 Jul 2015 15:03

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6 Jul 2015 05:16

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5 Jul 2015 16:03

Sunday newspaper round-up: Energy and financial regulators, Sainsbury's and Supergroup

The Big Six energy firms are expected to escape demands for a major break-up when the Competition and Markets Authority (CMA) this week announces the results of its lengthy review into competition in the industry. The competition regulator is expected to say that the vertical integration structure u

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5 Jul 2015 15:57

Supergroup on verge of deal to sell clothing brand in China, reports say

Supergroup is said to be close to securing a deal that will take its Superdry clothing brand to China. The company is understood to be holding discussions with a joint venture partner, the Sunday Times reported. Supergroup, which owns nearly 200 stores across Europe, is due to present its latest fu

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3 Jul 2015 14:57

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