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  • Afren reduces stake in Ghanaian offshore block

    Thursday 20 Nov 2008

    Africa focused oil and gas firm Afren has sold a chunk of its interest in the Keta Block, located off the coast of Ghana, to Mitsui.

  • Protherics revenue rises 16%

    Thursday 20 Nov 2008

    Half year revenue rose 16% at drug developer and bid target Protherics, which also narrowed losses for the period.

  • Travel slowdown hits Best of the Best

    Thursday 20 Nov 2008

    Shares in Best of the Best fell over 10% as it warned that the trading environment since its preliminary results in July, has deteriorated significantly and trading conditions have become increasingly unpredictable.

  • Hochschild to cut 150 jobs

    Thursday 20 Nov 2008

    Latin America-focused Hochschild Mining is cutting 150 corporate jobs in reaction to adverse market conditions and lower metal prices.

  • Aggreko moves into India

    Thursday 20 Nov 2008

    Temporary power solutions provider Aggreko has been wheeling and dealing, selling one company and buying another.

  • PayPoint profits grow, trading in line

    Thursday 20 Nov 2008

    Electronic payment services group PayPoint has grown interim profits by 6% and traded in line with expectations since the end of September.

  • Wincanton merges chilled operations with Culina

    Thursday 20 Nov 2008

    Supply chain solutions provider Wincanton has agreed to merge its chilled consolidation activities in the UK with Culina Logistics with effect from 28 March 2009. 

  • 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.

  • Like for like sales fall at Young & Co

    Thursday 20 Nov 2008

    Pub group and real ale brewer Young and Co’s Brewery said like for like sales on a same outlet basis fell over 3% during September and October and doesn't expect conditions to improve in the short term.

  • 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

    Rolls-Royce said it will axe around 4% of its workforce in 2009, with 140 likely to go at the engine maker's 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.

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