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Petrofac completes refit of rig
Thursday 20 Nov 2008
Oilfield services company Petrofac has completed the refit of the Northern Producer floating production installation within its target schedule.
Chemring sees 'excellent' prospects
Thursday 20 Nov 2008
Military decoy producer Chemring said earnings for the year remain in line with expectations, adding that it is confident that its prospects for 2009 are ‘excellent’.
AstraZeneca blocks sales of generic rival in US
Thursday 20 Nov 2008
Pharmaceuticals giant AstraZeneca has put a temporary block on sales of a rival’s generic version of Astra’s Pulmicort Repsules asthma treatment.
IG profit up, sees rise in doubtful debts
Thursday 20 Nov 2008
Spread betting firm IG Group expects to report a 21% rise in first half pre-tax profits but said that it has seen a rise in doubtful debts during October.
Daily Mail profits suffer
Thursday 20 Nov 2008
Daily Mail and General Trust saw underlying profit drop 9%, but the newspaper group plunged into the red on a statutory basis and admitted the short term outlook remains difficult.
National Grid trading in line
Thursday 20 Nov 2008
Power provider National Grid is trading in line with expectations and is “well positioned to deliver low risk, organic growth.”
Mothercare in growth spurt
Thursday 20 Nov 2008
Babycare retailer Mothercare saw group pre-tax profit more than double at the interim stage thanks to rapid growth overseas and in the direct sales channel.
Like for like sales dip accelerates at Halfords
Thursday 20 Nov 2008
Car and bicycle parts retailer Halfords boosted profit by 3% during the first six months, but like for like sales fell 1.1% and have slowed further since the end of the half-year.
Rolls-Royce to axe up to 2,000 jobs
Thursday 20 Nov 2008
Engine maker Rolls-Royce said it will axe around 4% of its workforce in 2009 as it announced a proposed reduction of 140 jobs at its Assembly and Test facility in Derby.
Thursday preview: Halfords, Young and Co., National Grid
Wednesday 19 Nov 2008
Car and cycle components seller Halfords is expected to announce flat profit before tax of £46m in its interim results Thursday, having previously announced first half sales figures that showed a 0.5% fall in like-for-like sales on a year ago.
US relocation costs slow Vislink
Wednesday 19 Nov 2008
Microwave radio and satellite transmission products supplier Vislink said earnings for the current year will be below expectations.
More cost cuts at Gleeson
Wednesday 19 Nov 2008
Falling sales and lower prices continue to hurt MJ Gleeson’s balance sheet, with the housebuilder set to take an £11.2m charge due to asset write-downs and cost cutting.
Gresham "significantly ahead" of last year
Wednesday 19 Nov 2008
Gresham Computing said the first nine months of 2008 has remained “significantly ahead” of the same period last year, with continued revenue growth in its real-time financial solutions business.
Headlam says H2 'challenging'
Wednesday 19 Nov 2008
Floor coverings specialist Headlam said the trading environment during the second half of 2008 has been significantly more challenging than the first.
Lloyds TSB shareholders approve HBOS merger
Wednesday 19 Nov 2008
Shareholders in Lloyds TSB have overwhelmingly given their backing to the proposed merger with HBOS.
Rensburg ups profit despite funds slip
Wednesday 19 Nov 2008
Profits grew by 9% at fund manager Rensburg Sheppards in the six months ended 30 September.
Grafton reports 14.5% drop in sales
Wednesday 19 Nov 2008
Irish builders merchant Grafton said difficult trading conditions and the weakness of sterling against the euro have resulted in a 14.5% drop in turnover to €2.35bn.
Update: Experian coping well with conditions
Wednesday 19 Nov 2008
Credit checking firm Experian saw pre-tax profits rise for the half-year as it coped well with the challenging market conditions, which it expects to persist into next year.
Marks & Spencer to hold 20%-off sale
Wednesday 19 Nov 2008
Marks and Spencer is to hold a one-day, 20%-off sale tomorrow, its first such move since 2004 in a bid to revive its flagging sales.
Small caps round-up: Ovoca, Vitec, API...
Wednesday 19 Nov 2008
Ovoca Gold has agreed to sell its wholly owned subsidiary Ayax, which has a 100% interest in the Goltsovoye silver deposit, to Russian miner JSC Polymetal.

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