Below are the main news-driven share price movements at 4pm.
RISERS
Domino’s Pizza (LON:DOM) up 12.5%. Sales placed via mobile device apps have overtaken those placed from desktop computers for the first time, the company revealed, and now represent 51.6% of online sales. Like-for-like (LFL) sales in the UK in the first half of the year were up 10% year-on-year to £378.8mln.
Hikma Pharmaceuticals (LON:HIK) up 10.7%. The drug maker bought US specialty generics company Roxane Laboratories from Boehringer Ingelheim for US$2.65bn. Hikma’s non-injectable sales were forecast to be around US$210mln, but the company said the acquisition will add between US$725mln and US$775mln in 2017.
GKN (LON:GKN) up 7.5%. The Automotive and aerospace engineer is buying legendary Dutch aircraft parts maker Fokker Technologies for £499mln.
FALLERS
Clean Air Power (LON:CAP) down 44.9%. After a strategic review, the board said it remains in discussions with a number of parties, but “in the event of an offer, and partly due to the short term financial constraints that the Group is operating under, the Board can provide no assurance that significant value will be returned to shareholders. “
Sefton Resources (LON:SER) down 15.8%. A report said former interim chairman Daniel Levi was once named David John Hopkins who had been convicted of armed robbery. The company said today that it had no prior knowledge of the criminal record.
Below are the main news-driven share price movements at 12.15pm.
RISERS
Edge Resources (LON:EDG) up 16.8%. The company raised C$500,000 through a private placement with shares sold at a 10% premium to the previous ten-day average price.
Virgin Money Holdings (LON:VM.) up 10.8%. An uplift in mortgage lending helped the challenger bank post a 37% increase in underlying pre-tax profit in its latest half year. Gross mortgage lending rose 44% to £3.6bn in the six months to June 30, compared to the same period in 2014,
Informa (LON:INF) up 7.6%. Revenues rose 8.6% to £618mln in the first half of 2015 compared to the previous year, with operating profit rising 14%. The company reiterated its profit expectations as it also appointed Datatec chairman Stephen Davidson and David Flaschen as non-executive directors.
FALLERS
Golden Saint Resources (LON:GSR) down 12.7%. Yesterday afternoon the company said it raised £250,000 after issuing 312mln new shares at 0.08p per share, plus 125mln warrants at an exercise price of 0.1p.
Dialight (LON:DIA) down 10.5%. First half results revealed that, despite revenues rising 14%, operating profit dived 74% to £1.7mln from £3.5mln. Dialight’s chief executive Michael Sutsko instigated an operational review of markets, products and geographies in the wake of the results.
Royal Mail (LON:RMG) down 2.9%. Regulator Ofcom claimed RM breached competition law with price changes by launching plans earlier this year to change prices and terms. It later withdrew them after a competitor complained. Royal Mail said it was disappointed with Ofcom's findings.
Below are the main news-driven share price movements at 9am.
RISERS
Melrose Industries (LON:MRO) up 15.6%. Shares jumped as it said it has agreed to dispose its Elster business to Honeywell International for £3.3bn. It will also return £2bn of that to shareholders.
RSA Insurance (LON:RSA) up 11.75%. Zurich Insurance confirmed rumours that it is working on a takeover offer for RSA. Reports vary on the value of a potential deal, with some suggesting an offer of £4.5bn is being discussed, while others reckon its nearer £5.5bn.
Drax (LON:DRX) up 9.74%. First half earnings rose about 15% as it swung to a pre-tax profit. Dividends will also be hiked in line with its policy. It warned, however, that it will be hit by changes to the climate change levy in the second half.
FALLERS
Trapoil (LON:TRAP) down 25.8%. The company is to buy Jersey Oil & Gas (JOG) for £495,000 through the issue of 2.25mln shares. It also raised £800,000 for working capital through the placing of 3.7mln shares. As part of the deal, Andrew Benitz and Ronald Lansdell (founding shareholders and directors of JOG) will be appointed to the board as chief executive and chief operating officer respectively.
Magnolia Petroleum (LON:MAGP) down 18.9%. It has decided to cut its losses with the newly drilled Shimanek 2 well, in Oklahoma, after too much salt water was encountered.
Trinity Exploration & Production (LON:TRIN) down 17.4%. The company won’t complete the proposed acquisition of Blocks 1(a) and 1(b) offshore Trinidad it said in a statement after Monday’s close.