N.R. | ShareCast | 22 Aug, 2012 14:47 | | |
Leading the way higher was waste management firm Shanks after saying that the Silverburn Shopping Centre in Glasgow is no longer sending any of its waste to landfill since appointing Shanks to handle its recycling. Shanks won the recycling contract just six weeks ago, and has been instrumental in ramping up the shopping centre's recycling rate from 9 per cent to 97 per cent.
Meanwhile, steam trap and pump maker company Spirax Sarco was out of favour after reporting a decline in first-half pre-tax profits following higher material costs, the impact of lower volumes in its main European factories and the economic downturn in Latin America. Jefferies said this morning to expect consensus downgrades after a 'somewhat disappointing' set of results.
Bus and rail group Stagecoach fell after revealing a decline in like-for-like revenue at its UK bus operations as all of its other divisions grew in the twelve weeks ended July 22nd.
FTSE 250 - Risers
Shanks Group (SKS) 88.00p +3.47%
Kentz Corporation Ltd. (KENZ) 357.90p +2.26%
Dixons Retail (DXNS) 17.70p +1.72%
Savills (SVS) 400.00p +1.65%
Petra Diamonds Ltd.(DI) (PDL) 107.50p +1.42%
Heritage Oil (HOIL) 207.90p +1.41%
Redrow (RDW) 143.40p +1.13%
Ted Baker (TED) 990.00p +1.12%
NMC Health (NMC) 192.10p +1.11%
Ferrexpo (FXPO) 192.70p +0.94%
FTSE 250 - Fallers
Yule Catto & Co (YULC) 149.80p -7.13%
Homeserve (HSV) 216.40p -6.44%
Spirax-Sarco Engineering (SPX) 1,951.00p -5.29%
Man Group (EMG) 76.35p -4.98%
Soco International (SIA) 337.20p -4.93%
Brewin Dolphin Holdings (BRW) 149.30p -3.68%
Premier Oil (PMO) 374.50p -3.43%
St James's Place (STJ) 348.70p -3.41%
Telecity Group (TCY) 854.00p -3.39%
Henderson Group (HGG) 108.50p -3.38%
Facebook paid no UK corporation tax in 2013, for the second year running, according to documents filed with Companies House.
05:47 Tesco results live
Welcome to our rolling coverage of Tesco's results this morning:
Pharmaceutical giant GlaxoSmithKline (GSK) has plans to create a new HIV-focussed subsidiary worth £15bn.
US stocks were largely unchanged on Wednesday, as the price of the crude of fell sharply.
Lloyds Banking Group is set announce plans to cut 9,000 jobs over the next three years.
British drugmaker Glaxosmithkline (GSK) announced on Wednesday that it is likely to have the world's first vaccine against Ebola by the end of 2014.