London midday: Financials drag Footsie down

20th May 2009 12:01

Leading shares remain mixed with the Footsie in negative territory thanks, in part, to weak performance by financial stocks. The share price of Lloyds Banking Group has been adjusted to take into account the fact that the shares no longer carry the right to participate in the group's compensatory o

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London opening: Footsie opens quietly

20th May 2009 08:40

Wall Street's weaker tone is being echoed in London with blue chips struggling to make headway. Credit checking firm Experian hailed its revenue and profit growth last year despite exceptionally difficult market conditions. Revenue rose to $3,873m in the year to 31 March 2009 from $3,789m a year ea

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Britvic upbeat as Brits drink more

20th May 2009 07:41

Soft drinks supplier Britvic shrugged off a profits collapse in Ireland to lift underlying interim profits by over 16% as sales in the UK gathered momentum. Excluding one-offs, profits rose by 16.3% to £20m, from £17.2m, in the half-year to March. Pre-tax profits were £7.2m against £51.8m. The figu

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