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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

London Stock Exchange
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Share Price: 52.30
Bid: 52.24
Ask: 52.26
Change: 1.10 (2.15%)
Spread: 0.02 (0.038%)
Open: 51.12
High: 52.60
Low: 51.08
Prev. Close: 51.20
LLOY Live PriceLast checked at -

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FTSE 100 movers: Schroders drops after profit misses targets

Thu, 05th May 2011 15:26

Asset management firm Schroders has taken a tumble as profits came short of expectations in the first quarter. The group's profit before tax rose to £103.8m, from £93.2m in the first quarter of 2010, but that wasn't enough for investors who were hoping for a figure closer to £117m.Lloyds has also taken a hit after its first quarter profits fell sharply as the bank took an impairment charge that was half a billion pounds large than it was expecting. RBS and Barclays have also fallen back.Medical devices firm Smith & Nephew is wanted after said first quarter revenue rose to $1.055bn from $995m the year before, boosted by progress at its US knee franchise.Spirits group Diageo isn't too far behind after it registered 7% organic net sale growth in the first quarter of 2011, even though Europe remained a drag on sales.Supermarket group Morrison saw shares rise after total sales grew by 4.2% during the 13 weeks to 1 May. Peer Kingfisher is also firmer.Indian miner Vedanta Resources is off the mark despite producing record volumes of commodities in the year to 31 March, helping revenues jump 44% to $11.4bn.---BCFTSE 100 - RisersARM Holdings (ARM) 576.50p +3.32%Smith & Nephew (SN.) 680.50p +3.11%Carnival (CCL) 2,490.00p +1.72%Diageo (DGE) 1,230.00p +1.49%Morrison (Wm) Supermarkets (MRW) 303.50p +1.07%British American Tobacco (BATS) 2,681.50p +1.06%Hammerson (HMSO) 472.30p +0.75%United Utilities Group (UU.) 633.00p +0.72%Kingfisher (KGF) 277.60p +0.58%International Consolidated Airlines Group SA (IAG) 240.70p +0.54%FTSE 100 - FallersSchroders (SDR) 1,714.00p -8.44%Lloyds Banking Group (LLOY) 53.31p -8.12%Schroders (Non-Voting) (SDRC) 1,408.00p -7.43%Essar Energy (ESSR) 429.50p -4.79%Fresnillo (FRES) 1,451.00p -4.22%Royal Bank of Scotland Group (RBS) 40.18p -3.65%Vedanta Resources (VED) 2,140.00p -3.60%3i Group (III) 268.50p -3.24%Barclays (BARC) 275.30p -3.00%Hargreaves Lansdown (HL.) 622.00p -2.96%
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