It's another quiet day on the company news front, but there are still some interesting price movements on the back of company updates. After a weak start, the top share index is adding to yesterday's slight gains. [7 Jun '11]
Qinetiq posted better-than-expected full-year figures, with underlying operating profits climbing by 21% to £145.4m, against analyst hopes of around £140m. But that wasn't all. Qinetiq said it had slashed its debt burden to a manageable £261m from £457m. And it also cheered income investors by announcing that it would resume paying dividends. [27 May '11]
Lamprell is leading the oil services sector higher after it announced the proposed acquisition of United Arab Emirates-based firm Maritime Industrial Services (MIS) for a total consideration of $336.1m (£208.1m). [19 May '11]
CPP, the identity theft and credit card insurer that is under investigation by the Financial Services Authority (FSA) for certain issues surrounding the sale of its products in the UK, has launched a new product, causing shares to rocket on Thursday. Its identity protection product Identity Safe can now be bought on its website, and "provides consumers with a comprehensive range of assistance services to help customers detect, prevent and resolve identity fraud," the company said. [19 May '11]
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