Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGOG.L Share News (GOG)

  • There is currently no data for GOG

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London midday: Trichet comments heap more gloom

Thu, 23rd Jun 2011 12:19

Gloomy comments from European Central Bank (ECB) President Jean-Claude Trichet have sent stocks further into the red.Trichet warned that the Greek debt crisis threatens to infect banks. Recycled packaging firm DS Smith is in demand after it overcame a sharp rise in input costs to grow pre-tax profits by 86% last year. Profit before tax in the year to 30 April rose to £102.2m from £55.0m the year before, on sales that rose 19.5% to £2,474.5m from £2,070.6m. With the effects of the recent acquisition of Otor stripped out, sales rose 10.0% year-on-year.Train and bus operator Go-Ahead has moved into reverse, despite a strong start after saying it expects to post a full-year profit ahead of expectations as high petrol prices and tough economic conditions prompt drivers to abandon their cars in favour of public transport.Currys and PC World owner Dixons is down after it saw underlying profit before tax dip to £85.3m in the year to end-April from £90.0m the year before. The group said it is increasing market share across most of its markets and sectors, especially in the UK and the Nordic countries.Military decoy flare and mine detection firm Chemring is under heavy attack even after it managed to post a sharp rise in sales and profits in the half-year to 30 April despite constraints on military spending in Britain and the US. Revenues climbed by 29% from the previous year to £329.8m, while underlying pre-tax profits were up by 17% at £49.6m. Software group Micro Focus is in the red after the company's underlying earnings coming in below the guidance range issued at the time of the company's February profits warning. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) fell to $158.7m in the year to 30 April, down 8.4% from the $173.3m achieved the year before. The group had indicated in February that underlying earnings would be in a range running from $159m to $167m.FTSE 100 - RisersBritish Sky Broadcasting Group (BSY) 838.00p +0.90%ITV (ITV) 67.15p +0.83%Associated British Foods (ABF) 1,081.00p +0.75%Capita Group (CPI) 728.50p +0.55%Shire Plc (SHP) 1,853.00p +0.32%Sainsbury (J) (SBRY) 326.40p +0.15%Imperial Tobacco Group (IMT) 2,033.00p +0.15%Marks & Spencer Group (MKS) 366.70p +0.05%Aviva (AV.) 428.90p -0.07%National Grid (NG.) 591.50p -0.08%FTSE 100 - FallersRoyal Bank of Scotland Group (RBS) 37.36p -3.34%Vedanta Resources (VED) 1,906.00p -3.10%Eurasian Natural Resources Corp. (ENRC) 710.00p -3.07%Antofagasta (ANTO) 1,242.00p -3.04%Glencore International (GLEN) 475.10p -3.04%Lloyds Banking Group (LLOY) 45.62p -2.93%Essar Energy (ESSR) 400.30p -2.77%International Consolidated Airlines Group SA (IAG) 237.00p -2.27%Anglo American (AAL) 2,851.00p -2.20%Xstrata (XTA) 1,261.50p -2.17%FTSE 250 - RisersDS Smith (SMDS) 238.40p +11.61%Bwin.party Digital Entertainment (BPTY) 132.00p +3.94%Telecom Plus (TEP) 645.00p +3.37%Premier Foods (PFD) 26.06p +2.20%Dixons Retail (DXNS) 16.81p +1.69%Henderson Group (HGG) 147.50p +1.65%Misys (MSY) 416.80p +1.56%Berendsen (BRSN) 492.10p +1.46%FirstGroup (FGP) 332.40p +1.28%Aberdeen Asset Management (ADN) 215.20p +1.03%FTSE 250 - FallersMicro Focus International Plc (MCRO) 324.30p -8.39%Ocado Group (OCDO) 180.00p -7.79%Imagination Technologies Group (IMG) 384.70p -7.19%Chemring Group (CHG) 596.00p -6.44%Afren (AFR) 153.30p -3.46%Exillon Energy (EXI) 402.00p -3.37%Big Yellow Group (BYG) 302.80p -2.79%Halma (HLMA) 389.20p -2.68%Renishaw (RSW) 1,661.00p -2.64%ITE Group (ITE) 209.10p -2.56%
More News
17 Sep 2020 16:03

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
2 Sep 2020 19:36

TOP NEWS: ITV Bumped From FTSE 100 For B&M European Value Retail

TOP NEWS: ITV Bumped From FTSE 100 For B&M European Value Retail

Read more
28 Aug 2020 10:18

Grant Shapps reassures workers it's safe to go back to offices in England

(Sharecast News) - UK transport secretary Grant Shapps reassured workers in England that it is safe to go back to their workplaces as the government attempts to boost city centre business.

Read more
26 Aug 2020 10:40

UK WINNERS & LOSERS SUMMARY: Provident Financial Up On Better Outlook

UK WINNERS & LOSERS SUMMARY: Provident Financial Up On Better Outlook

Read more
26 Aug 2020 08:44

Go-Ahead Secures Two-Year Extension To Singaporean Contract

Go-Ahead Secures Two-Year Extension To Singaporean Contract

Read more
26 Aug 2020 07:42

LONDON MARKET PRE-OPEN: Polymetal Doubles Payout As Earnings Surge

LONDON MARKET PRE-OPEN: Polymetal Doubles Payout As Earnings Surge

Read more
26 Aug 2020 07:32

Go-Ahead secures Singapore bus contract extension

(Sharecast News) - FTSE 250 transport operator Go-Ahead said on Wednesday that it has secured a two-year bus contract extension in Singapore.

Read more
10 Aug 2020 17:15

LONDON MARKET CLOSE: Stocks Green As Trump Gives Hope For US Stimulus

LONDON MARKET CLOSE: Stocks Green As Trump Gives Hope For US Stimulus

Read more
10 Aug 2020 12:07

LONDON MARKET MIDDAY: Stocks Rise On Trump's US Economic Relief Orders

LONDON MARKET MIDDAY: Stocks Rise On Trump's US Economic Relief Orders

Read more
10 Aug 2020 10:51

UK WINNERS & LOSERS SUMMARY: Superdry Rallies On Funding, Online Sales

UK WINNERS & LOSERS SUMMARY: Superdry Rallies On Funding, Online Sales

Read more
10 Aug 2020 10:34

UPDATE: Go-Ahead And FirstGroup Welcome Further Funding For UK Buses

UPDATE: Go-Ahead And FirstGroup Welcome Further Funding For UK Buses

Read more
10 Aug 2020 08:44

LONDON MARKET OPEN: Oil Majors Rise As Saudi Aramco Sees Signs Of Life

LONDON MARKET OPEN: Oil Majors Rise As Saudi Aramco Sees Signs Of Life

Read more
10 Aug 2020 08:09

TOP NEWS: Go-Ahead, FirstGroup Welcome Further Funding For Transport

TOP NEWS: Go-Ahead, FirstGroup Welcome Further Funding For Transport

Read more
10 Aug 2020 07:46

LONDON MARKET PRE-OPEN: Unilever Sets November Unification Date

LONDON MARKET PRE-OPEN: Unilever Sets November Unification Date

Read more
31 Jul 2020 15:36

FTSE 250 movers: Pets at Home out of the dog house; Hochschild up as silver flies

(Sharecast News) - London's second tier index finished the month on the back foot, weighed down by losses in the travel and leisure space after the Prime Minister announced that the planned easing of lockdown measures would be postponed.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.