London open: Footsie slips on big results day
13th May 2009 08:40
It's a big day for company announcements, but investors seem unimpressed so far with Footsie off a few points despite good numbers from J Sainsbury, Compass and L&G. Strong demand for its 'basics' range has helped supermarket giant J Sainsbury deliver better than expected full year profit. Underlyi
Read moreCompass profit jumps 41%
13th May 2009 07:32
Catering giant Compass Group reported a stronger-than-expected 41% rise in half-year profits thanks to new contract wins and cost cuts. The group said it made 'significant progress in a challenging environment' as it reported underlying operating profit of £455m in the six months ended 31 March 20
Read moreWednesday preview: Compass, Sainsbury, FirstGroup
12th May 2009 15:40
Supermarket giant J Sainsbury seems to have recovered its poise and purpose in recent years, despite being overtaken in terms of UK market share by first Tesco and then Asda. Though widely assumed to be at the posher end of the supermarket spectrum, it has more than held its own in terms of market
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