Mother and baby products retailer Mothercare (MTC) is marked down the best part of 10% to 233.25p as bid excitement evaporates and finance director Matt Smith jumps ship for Debenhams (DEB). US-listed peer Destination Maternity (DEST:NDQ) withdrew its takeover proposal on Friday, leaving Mothercare's new CEO Mark Newton-Jones free to focus on its UK turnaround and overseas growth.
Health, hygiene and home products powerhouse Reckitt Benckiser (RB.) rises 2.7% to £52.05. The rally comes on better-than-expected half-year results and pans top spin-out its pharmaceuticals business RB Pharmaceuticals over the next 12 months.
Argos-owner Home Retail (HOME) adds 1.25p on reports CEO John Walden, architect of Argos' transformation from catalogue to digital retailer, is considering the spin-off of DIY chain Homebase.
Fresh pork-to-sandwiches producer Cranswick (CWK), whose qualities Shares recently highlighted, clips ahead 4p to £12.87 on a reassuring first quarter trading update. Despite strong comparatives and testing grocery market conditions, sales grew 5% split evenly between price hikes and volume increase, while operating margins were similar to last year's 5.3% full-year showing.
Irish low-cost carrier Ryanair (RYA) adds 4.3% to €7.14 after the airline's first quarter results revealed a 152% rise in profit before tax.
Energy generation group National Grid (NG.) maintains its outlook for the full-year as it reveals a 'solid' start to the year. The group anticpates investing £3.4 billion in its network, roughly matching the capex of last year.
Contract electronics manufacturer Stadium (SDM:AIM) jumps 11% to 73p on news that it is buying into the exciting machine-to-machine (m2m) space. The £8 million United Wireless target supplies connecting components to m2m manufacturers.
Energy efficiency solutions provider APC (APC:AIM) unveils a new LED lighting supply contract and a small acquisition taking it into the business energy supply market. Investoes like both bits of news, sparking a 10% share price jump to 35.5p, a with new business flagged by Shares last week.
Moroccan oil exploration play Tangiers Petroleum (TPET:AIM) slumps 27% to 8.5p as it announces the secondary Assaka target on its TAO-1 well does not contain hydrocarbons. It says this has no implications for the larger primary Trident objective where results are expected towards the end of next month.
Ukrainian and Russian oil and gas producer JKX Oil & Gas (JKX) is down 1.5% to 48.5p as interims reveal an 18.6% year-on-year slump in revenues to $74.3 million due to lower gas prices and oil output in the Ukraine. The company says to date it has not been 'directly' impacted by the violence in the country.
Infection control specialist Tristel (TSTL:AIM) rises 4.2% to 73.5p on a £1.8 million pre-tax profit for the year to July, beating the £480,000 adjusted pre-tax profit it made a year ago. The firm confirms net cash of £2.6 million.
Non-life insurer Hiscox (HSX) falls 1.4% to 692p on pre-tax profits falling 31% to £124.6 million year-on-year in the six months to July due to currency headwinds.
Don't be fooled by the apparent 862.9% leap to 65p by contract researcher Cyprotex (CRX:AIM), it's merely the market reflecting the company's 10 for one share consolidation.
Air charter specialists Air Partner (AIP) falls 8.1% to 370p after the group's trading statement reveals a poor commercial jet performance.
