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Company News
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Lloyds to sell further share in St James Place
Wednesday 22 May 2013
Lloyds Banking Group said it planned to sell a further 15 per cent of its stake in wealth manager St James's Place to swell its equity capital 500m pounds. Read More
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Thursday preview: SABMiller reports full-year results
Wednesday 22 May 2013
Beverage giant SABMiller is expected to report a rise in annual revenues Thursday, driven by excise-driven prices increases and its product and geographical mix. Read More
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Pearson reaches 75m dollar settlement over antitrust claims
Wednesday 22 May 2013
Pearson, the FTSE 100 publishing company, has announced that its Penguin division has come to a comprehensive agreement to pay a 75m dollar settlement. Read More
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RBS boasts ‘plentiful’ funds to meet capital requirements
Wednesday 22 May 2013
The Royal Bank of Scotland Group said newly enforced capital requirements could be met by its current business plans, with ‘plentiful surplus funding’ available. Read More
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Hogg Robinson lifts dividend despite testing year
Wednesday 22 May 2013
Corporate travel services firm Hogg Robinson reported flat full year profit in what it described as a resilient performance in testing conditions. Read More
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Cable and Wireless earnings beat expectations as cost cuts planned
Wednesday 22 May 2013
Cable & Wireless Communications (CWC) reported earnings slightly ahead of expectations and has identified major ongoing cost-cutting measures. Read More
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Salamander initiates insurance claim on North Kendang campaign
Wednesday 22 May 2013
Salamander Energy, the FTSE 250 oil and gas group, has announced an on-going insurance claim related to the North Kendang drilling campaign in Indonesia. Read More
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First half profit rises at Shaftesbury
Wednesday 22 May 2013
London West end property owner Shaftesbury booked higher first half profit, lifted net asset value per share and said it is confident in its future prospects. Read More
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HICL's annual profits rise on new investments
Wednesday 22 May 2013
HICL Infrastructure Company reported a 50.1 per cent increase in annual pre-tax profit, bolstered by rising secondary market prices and contributions from new investments. Read More
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Strong London demand drives profits at Great Portland Estates - UPDATE
Wednesday 22 May 2013
Great Portland Estates, the Central-London property investor, saw a near-11 per cent rise in net asset value (NAV) and a strong increase in profits last year, as it said it expects to continue outperf... Read More
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Lloyds to fulfil capital requirements without fundraising
Wednesday 22 May 2013
Lloyds Banking Group said it will be able to meet new heavier capital requirements from its existing business and selective disposals. Read More
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Aberdeen Asset Management completes acquisition of Artio Global Investors
Wednesday 22 May 2013
Aberdeen Asset Management announced Wednesday that it has completed the acquisition of Artio Global Investors, a US publicly listed asset manager. Read More
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SSE profits spike after price hike and cold winter
Wednesday 22 May 2013
Energy group SSE enjoyed a strong increase in profits in the year to March thanks a rise in prices and a cold and long winter period. Read More
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Carillion preferred bidder for Battersea Power Station redevelopment
Wednesday 22 May 2013
UK construction company Carillion has been selected as the preferred bidder to deliver the 400m pounds first phase of redevelopment at London’s Battersea Power Station. Read More
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Britvic boosts profit despite tough markets
Wednesday 22 May 2013
Soft drinks firm Britvic served up a strong set of interim results, after an improved underlying performance across the business, but cautioned market conditions remain challenging. Read More
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Intermediate Capital sees record AuM but profits drop
Wednesday 22 May 2013
FTSE 250-listed asset manager Intermediate Capital, otherwise known as ICG, has unveiled record assets under management (AuM) for 2012/13 but profits dropped sharply as the company didn't exit as many... Read More
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Rolls Royce wins order Trent XWB engines from the US
Wednesday 22 May 2013
Rolls-Royce, the FTSE 100 engineering giant, has won an order from US leasing company CIT Aerospace for Trent XWB engines to power ten Airbus A350 XWB aircraft and Trent 700 engines to power 13 Airbus... Read More
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Wednesday preview: Beverage giant Britvic reports
Tuesday 21 May 2013
Soft drinks producer Britvic will release its second quarter results Wednesday. Read More
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Smiths bags 137m pound Telegraph deal
Tuesday 21 May 2013
Newspaper distributor Smiths News has bagged a five-year contract extension with Telegraph Media Group. Read More
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Wincanton wins Pernod Ricard contract extension
Tuesday 21 May 2013
Logistics group Wincanton pleased investors as it extended a long-running contract with drinks giant Pernod Ricard. Read More
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