Wednesday 15 Oct 2008
Shares in JJB Sports jumped by a quarter after the sportswear retailer confirmed it had received an approach for two of its shoe shop chains.
Wednesday 15 Oct 2008
Shares of Lloyds, HBOS and RBS bobbed up and down today on rumours the banks want to lift the dividend ban imposed by the government, which was a condition in its £37bn bailout scheme.
Wednesday 15 Oct 2008
Soft drinks company Britvic said last month that trading performance in the second half has been better than expected, with the exception of Ireland, where conditions have been more difficult. The two factors should balance each other out, allowing the company to hit full-year profit expectations. US banking group Citigroup is expecting revenue growth of just under 5%.
Wednesday 15 Oct 2008
Pharmaceuticals giant GlaxoSmithKline said it will accelerate sales growth and further extend its pharmaceutical portfolio in emerging markets by acquiring the Egyptian mature products business of Bristol Myers Squibb for $210m.
Wednesday 15 Oct 2008
The global economic slowdown and the credit crunch have forced Africa-focused conglomerate Lonrho to withdraw from the African sea freight market.
Wednesday 15 Oct 2008
Diageo has kept its guidance for full year organic operating profit growth of between 7% and 9% despite the recent plunge in global stock markets and looming recession.
Wednesday 15 Oct 2008
German discount retailers continue to gain market share in the UK as the credit crunch forces consumers to watch the pennies.
Wednesday 15 Oct 2008
British Airways said it will drop its fuel surcharge from midnight, in line with crude prices slumping from record highs in the summer.
Wednesday 15 Oct 2008
Sweetener supplier Purecircle more than tripled sales and pre-tax profits as demand for its products surged.
Wednesday 15 Oct 2008
IT company Datatec said market conditions remain challenging and the outlook uncertain as it posted a rise in half-year profits.
Wednesday 15 Oct 2008
Car repair manual publisher Haynes Publishing said sales of core automotive repair manuals held up well during the first quarter despite a deterioration in market conditions.
Wednesday 15 Oct 2008
Inkjet printing technology group Xaar said lower sales in China will reduce third quarter revenues and profits.
Wednesday 15 Oct 2008
Quicker growth in the second quarter helped lift half year revenues by 13% at credit checking firm Experian, which also said it had dumped plans to sell its price comparison website PriceGrabber.
Wednesday 15 Oct 2008
Shares in aim listed IT software firm Portrait Software plummeted over 40% as it said second half sales were hard to predict amid challenging conditions.
Wednesday 15 Oct 2008
The turmoil in global markets has caused miner and bid target Rio Tinto to reconsider the timeline of the first wave of its proposed sale of assets.
Wednesday 15 Oct 2008
Drinkers are passing on expensive beer and tucking into cheap meals at pub group and brewer Marston's as recession fears cause consumers to tighten their belts.
Wednesday 15 Oct 2008
Full year profit at zip and valve maker Thomas Walker slumped after challenging trading conditions but it remains confident that the fundamentals of its operations remain sound.
Wednesday 15 Oct 2008
Ukrainian iron ore producer Ferrexpo has delayed a decision on development of the Yeristovskoye mine and an upgrade to its existing Gorishne-Plavninskoye Lavrikovskoye mine due to the current uncertainty over commodity prices and slowing demand for steel.
Wednesday 15 Oct 2008
First half trading in line with expectations has energy and environmental consultant AEA Technology looking to the rest of the year with “cautious optimism”.
Wednesday 15 Oct 2008
Trading at specialist care provider CareTech is in line with expectations and the acquisitions of Beacon Care and Valeo are performing better than forecast.