Piagi submits UK market news
Posted by Piagis Shoutout on Wed, Jan 25, 2012 @ 10:29 AM
Piagi reports on the news outside of the forex markets
WPP Plc said its JWT unit has bought a 51% stake in a newly incorporated Jordanian company which will acquire the assets of IDEA, "a full service marketing & communications company in Amman, Jordan".
Renishaw Plc posted 1H results: "Revenue for the six months ended 31st December 2011 was a record £147.1M, up 11% on the £132.2M for the corresponding period last year. (...) The Group's profit before tax was £31.2M, 11% below the £35.2M reported last year reflecting the impact of continued investment in staff and infrastructure to support growth."
WH Smith Plc issued a trading statement for the 21 weeks to January 21: "The Group delivered a resilient performance with profit in line with expectations. Group total sales were down 3% with like-for-like (LFL) sales down 5% for the 21 weeks."
Britvic Plc announced 1Q revenue up 2.4% YoY (+2.5% at constant exchange rate) to £295.2M, adding: "GB revenue grew by 2.8%. Ireland revenue has declined by 10.0%. France revenue grew by 12.6% and International revenue grew by 1.7%."
BTG Plc published an Interim Management Statement for the October 1 - January 24 period: "Trading has been in line with the Board's expectations and revenues for the full year are expected to be in the range £160M to £165M, as previously announced."
3i Infrastructure Plc said in its Interim Management Statement for the October 1 - January 24 period: "The Company's portfolio is performing well, and continues to deliver a good yield."
Auto & Parts construction & materials and technology shares fell most in London on Tuesday.
Industrial Goods & Services: Chemring Group (-13.92% to 386.5p) reached a new 3-month relative low against the FTSE 100.
Media: Aegis (+0.92% to 153.1p) closed at a 3-month relative high against the FTSE 100.
Oil & Gas: Premier Oil Plc (+0.37% to 439p) closed at a 3-month relative high against the FTSE 100.
