FTSE 250 movers: Hikma soars on 'unsolicited enquiries'

1st Mar 2013 15:23

Hikma Pharmaceuticals on Friday confirmed that it has received several unsolicited enquiries in its Injectables business and is now undertaking a review of strategic options for its future, prompting a strong rise in the share price. High Street betting shop William Hill jumped after announcing that it is buying out its partner Playtech in the William Hill Online venture for £424m, funded by a fully underwritten rights issue of £375m. The company also met profit forecasts with 22% bottom-line growth in 2012. UK housebuilder Taylor Wimpey rose after reporting that its profits rocketed in 2012 after the company completed more homes for a higher selling price. Profit before tax soared 106.1% year-on-year to £185.3m as operating profit jumped 44.3% to £230.1m and revenues climbed 11.7% to £2.0bn. BBA Aviation was also higher after beating some analysts' expectations by posting an underlying pre-tax profit of 163m dollars for the full year ended on December 31st. UK property website Rightmove posted a 23% rise in annual revenue as the company profited from a trend towards online advertising and topped the list of most popular sites, prompting the share price to make decent gains. Meanwhile, UBS said it is 'waiting for more visibility' on key stock drivers at Man Group as it downgraded the asset manager from 'buy' to 'neutral' on Friday morning, putting the share price firmly in the red. Business publisher and events organiser UBM disappointed investors on Friday by posting a decline in adjusted operating profit margins for the year ended December 31st. FTSE 250 - RisersHikma Pharmaceuticals (HIK) 940.00p +8.54%William Hill (WMH) 432.30p +6.82%Bwin.party Digital Entertainment (BPTY) 152.80p +3.17%Taylor Wimpey (TW.) 83.60p +3.08%F&C Asset Management (FCAM) 105.80p +3.02%BBA Aviation (BBA) 262.30p +2.74%Dixons Retail (DXNS) 27.98p +2.72%Rightmove (RMV) 1,768.00p +2.61%Atkins (WS) (ATK) 890.00p +2.42%Synthomer (SYNT) 211.50p +2.27%FTSE 250 - FallersNew World Resources A Shares (NWR) 251.50p -4.84%Bumi (BUMI) 320.30p -4.70%Man Group (EMG) 96.20p -4.09%UBM (UBM) 744.00p -3.88%Petropavlovsk (POG) 290.80p -3.64%Supergroup (SGP) 613.00p -3.24%Hochschild Mining (HOC) 376.00p -3.14%Ferrexpo (FXPO) 220.80p -3.03%African Barrick Gold (ABG) 254.90p -3.01%Playtech Ltd. (PTEC) 555.50p -2.80%NR