FTSE 250 movers: Profit warning floors Carpetright

23rd Mar 2010 12:43

Shares in Carpetright have fallen through the floor. The retailer of carpet and floor coverings retailer said the rate of recovery seen towards the end of 2009 has not been sustained and group profits for the year to 1 May 2010 are likely to fall below current market expectations.Investors are also betting against 888, after the company's results today. After a tough first nine months of 2009 trading stabilised in the fourth quarter at the online gaming company and has shown signs of improvement in 2010.Iron ore producer Ferrexpo leads the risers after saying things look more positive in 2010. Earnings slumped in 2009 as demand for iron ore remained poor until the final quarter of the year, but it has since seen improved iron prices.Shares in support services firm VT Group are ahead after it accepted a 735p-a-share offer from rival Babcock. Babcock shares are also higher.FTSE 250 - RisersFerrexpo (FXPO) 336.40p +8.38%Regus (RGU) 108.70p +8.16%Babcock International Group (BAB) 560.50p +5.26%VT Group (VTG) 724.50p +5.00%GKN (GKN) 137.00p +4.58%Hochschild Mining (HOC) 284.00p +3.65%Yell Group (YELL) 39.07p +3.61%Wellstream Holdings (WSM) 600.00p +2.92%Imagination Technologies (IMG) 220.80p +2.65%Enterprise Inns (ETI) 125.30p +2.29%FTSE 250 - FallersCarpetright (CPR) 796.50p -13.98%888 Holdings (888) 105.90p -5.45%Savills (SVS) 343.30p -3.30%Galiform (GFRM) 81.30p -3.27%Hansen Transmissions International (HSN) 92.05p -3.11%Brewin Dolphin (BRW) 131.80p -2.37%Aberdeen Asset Management (ADN) 126.30p -2.09%Moneysupermarket.com (MONY) 65.35p -2.02%Redrow (RDW) 135.70p -2.02%Mothercare (MTC) 611.50p -1.85%