Rentokil Initial, the laundry and pest control conglomerate, says its troubled courier division will turn a profit by the end of the year, while first half profits across the whole business have risen dramatically. [3 Aug '12]
Rentokil is due to release its second-quarter results early in August and the market will be interested in just one thing - has City Link been sorted out? Rentokil's other two main divisions - the pest control business and its textile hire and cleaning services division - are both robustly profitable. The rat-catching operation recently announced it was being welcomed back into Libya, where a contract to clean the nation's cities of rats was interrupted by last year's civil w [22 Jul '12]
Laird, which makes antennas and heat protection components often used in tablet computers and smartphones, says difficult trading conditions have continued into the first quarter, although it expects a 'seasonal uplift'. [4 May '12]
Nomura has maintained its reduce rating and 26p target price for part-nationalised lender Royal Bank of Scotland, but acknowledges that the first-quarter results were in line and 'modestly better than Lloyds'. [4 May '12]
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