Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

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
14 Dec 2021 15:59

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
9 Dec 2021 17:01

LONDON MARKET CLOSE: Stocks fall and pound hurt amid Omicron worry

LONDON MARKET CLOSE: Stocks fall and pound hurt amid Omicron worry

Read more
9 Dec 2021 12:18

LONDON MARKET MIDDAY: Stocks fall as UK Covid restrictions reimposed

LONDON MARKET MIDDAY: Stocks fall as UK Covid restrictions reimposed

Read more
9 Dec 2021 11:10

SMALL-CAP WINNERS & LOSERS: Go-Ahead stopped by rail contract "errors"

SMALL-CAP WINNERS & LOSERS: Go-Ahead stopped by rail contract "errors"

Read more
9 Dec 2021 10:00

Go-Ahead results to be delayed after stripping of Southeastern franchise

(Sharecast News) - Go-Ahead updated the market on discussions with the Department for Transport (DfT) over its previous Southeastern franchise on Thursday, after it was stripped of the franchise on 17 October.

Read more
9 Dec 2021 09:27

TOP NEWS: Go-Ahead shares to be suspended amid rail contract fallout

TOP NEWS: Go-Ahead shares to be suspended amid rail contract fallout

Read more
9 Dec 2021 08:53

LONDON MARKET OPEN: DS Smith and Rolls-Royce top-and-tail FTSE 100

LONDON MARKET OPEN: DS Smith and Rolls-Royce top-and-tail FTSE 100

Read more
9 Dec 2021 08:14

LONDON BRIEFING: Go-Ahead shares to be suspended as faces rail fine

LONDON BRIEFING: Go-Ahead shares to be suspended as faces rail fine

Read more
9 Dec 2021 07:49

LONDON MARKET PRE-OPEN: Rolls-Royce cash flow is better than expected

LONDON MARKET PRE-OPEN: Rolls-Royce cash flow is better than expected

Read more
2 Dec 2021 16:32

EXECUTIVE CHANGES: Oil exec Dev Sanyal moves to M&G board from Man

EXECUTIVE CHANGES: Oil exec Dev Sanyal moves to M&G board from Man

Read more
24 Nov 2021 10:44

LONDON BROKER RATINGS: Barclays ups Hochschild Mining after price fall

LONDON BROKER RATINGS: Barclays ups Hochschild Mining after price fall

Read more
22 Nov 2021 09:25

LONDON BROKER RATINGS: Stifel cuts Auto Trader to Hold from Buy

LONDON BROKER RATINGS: Stifel cuts Auto Trader to Hold from Buy

Read more
8 Nov 2021 11:22

Go-Ahead says annual results as expected but pace of rebound uncertain

Go-Ahead says annual results as expected but pace of rebound uncertain

Read more
8 Nov 2021 11:03

SMALL-CAP WINNERS & LOSERS: Card Factory rises on improved trading

SMALL-CAP WINNERS & LOSERS: Card Factory rises on improved trading

Read more
8 Nov 2021 09:40

Go-Ahead expects to publish delayed FY results in December

(Sharecast News) - Public transport firm Go-Ahead Group said on Monday that its financial results for the year ended 3 July remained in line with the board's expectations despite delays to their publication.

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.