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Bovis scraps dividend as volumes tumble
Friday 09 Jan 2009
Housebuilder Bovis has scrapped it final dividend after sales volumes dropped 40% last year, though it expects profit before exceptional charges and tax for the 2008 financial year to meet its expectations.
Eidos warns as new Tomb Raider disappoints
Friday 09 Jan 2009
Computer games maker Eidos has revised down its revenue forecasts and cautioned it may need to renegotiate bank finances after disappointing sales of its new Lara Croft game, Tomb Raider: Underworld.
Mixed outlook for Johnson Service
Friday 09 Jan 2009
Drycleaner and work wear provider Johnson Service Group said it is trading satisfactorily in tough conditions, albeit with variations across and within different divisions.
BBA hits year target
Friday 09 Jan 2009
Trading has been “consistent” with expectations at BBA Aviation since November’s trading update, helping the aircraft services company meet its full year target.
Jessops' sales rally but margins hit
Friday 09 Jan 2009
Camera retailer Jessops' sales picked up over the Christmas period, but heavy discounting meant margins came under pressure.
Misys prospers in downturn
Friday 09 Jan 2009
Financial software firm Misys reported a rise in earnings in the six months to November, helped by customers using its products to control costs amid difficult economic conditions.
JD Sports to top profit forecasts
Friday 09 Jan 2009
JD Sports Fashion is set to beat full year profit expectations after boosting like for like sales over the crucial Christmas period.
Mixed response from mortgage lenders to rate cut
Thursday 08 Jan 2009
Two of the UK’s largest mortgage providers promised to pass on today’s 0.5% cut in base rates in full to their customers, though other lenders were more guarded.
Friday preview: JD Sports Fashion, Misys
Thursday 08 Jan 2009
JD Sports Fashion is the latest retailer due to update the market on how it fared over Christmas.
Water Hall drops £700,000 on Lloyds TSB punt
Thursday 08 Jan 2009
Quarry operator Water Hall Group has seen a decline of £733,000, or more than half, in an investment in Lloyds TSB shares made just four months ago.
Zavi closes 22 stores
Thursday 08 Jan 2009
Entertainment retailer Zavvi will close 22 of its stores with immediate effect, costing 178 jobs.
HBOS pension trustees' action on hold
Thursday 08 Jan 2009
HBOS pension fund trustees have dropped a plan to halt the bank's takeover by Lloyds TSB in case it interferes with the completion of capital raisings by both banks next week.
Intertek expands consumer products division
Thursday 08 Jan 2009
Safety services specialist Intertek has beefed up its consumer goods division with two acquisitions.
Record year for Pace
Thursday 08 Jan 2009
Set-top box maker Pace said 2008 was a year of record shipments, revenues and customer numbers.
Signet Christmas sales slide
Thursday 08 Jan 2009
Shares in Signet Jewelers fell back after the Anglo-US jewellery chain reported sharply lower like-for-like sales on both sides of the Atlantic over the Christmas period.
Nissan to shed 1,200 jobs at Sunderland
Thursday 08 Jan 2009
Nissan is to cut 1,200 manufacturing jobs from its Sunderland plant after a sharp fall in demand, underlining the crisis hitting the car industry both in the UK and worldwide.
Aviva continues insurance JV with ABN
Thursday 08 Jan 2009
Insurer Aviva said its Dutch-based business Delta Lloyd and ABN Amro Bank Netherlands are to continue their insurance joint venture ABN AMRO Insurance.
Compass snaps up KIMCO Corp
Thursday 08 Jan 2009
Catering giant Compass has bought the North American KIMCO Corporation (KIMCO) from the Tarson family for up to $90m in cash.
GMA ramps up gold, silver output
Thursday 08 Jan 2009
Algeria-focused precious metal miner GMA increased gold and silver production in the last quarter of 2008 and said output would increase to ‘commercial levels’ in coming months.
Alliance Pharma shrugs off downturn
Thursday 08 Jan 2009
Speciality pharmaceutical group Alliance Pharma’s reliance on prescriptions helped it weather tough economic conditions to post a sharp rise in turnover.

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