Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRpc Group Share News (RPC)

  • There is currently no data for RPC

London midday: Rally falters as Egypt casts shadow

Mon, 31st Jan 2011 12:17
The FTSE 100 has given up an attempt to haul itself into the blue and remains firmly in negative territory.The Egypt crisis is still casting a shadow, with the credit rating agency Moody's downgrade of the North African country adding to worries.Travel companies are bearing the brunt of the selling, Airline IAG, the former British Airways, TUI Travel and Intercontinental Hotels have all run into turbulence.Results and updates are thin today. Brewer and pub owner Greene King is in demand after it saw healthy trading over the past eight weeks despite the poor weather with all of its divisions in-line or improving from the half-year.Oil group BG Group is higher after saying it has signed up engineering and project management group AMEC to provide services for all of its facilities in the central North Sea. The three year contract, worth £140m, is to provide engineering, procurement, construction, commissioning and project management services. Budget airline Ryanair is still on track to match full-year profit forecasts despite a loss-making third quarter hit by strikes and bad weather that caused over 3,000 flights to be cancelled. The Irish outfit posted a net loss of €10.3m for the three months to 31 December compared with €10.9m a year ago. But it could have been worse had traffic not risen 6% to 17m and average fares 15%. Following the completion of contract negotiations Rexam forecast that overall operating profit in the Beverage Can North America division in 2011 is expected to remain comparable to that in 2010, as improved pricing, new customers, continued growth in specialty cans and further cost control initiatives will offset the impact of lower net 12 ounce volumes.Carillion has won contracts worth around £350m this year and believes that the opportunities to work with both central and local government to deliver greater efficiencies through outsourcing services remain very strong.Despite battling rising polymer prices, plastic packaging firm RPC saw an improvement in underlying operating profit in the final three months of 2010.James Halstead is in bullish mood as overseas trade helps the commercial floorcoverings supplier report record "bottom-line" results for the first half despite increasing raw material costs. Turnover for the six months to 31 December is up 14% as the positive trend continued into the final month of 2010.SThree has fallen even though profits bounced 20% higher last year with all of the recruitment specialist's markets growing so far in 2011.Shares in Infoserve have taken a dive after a profit warning from the online directory group after the close on Friday. The company said it was hit by the bad weather in November and December.FTSE 100 - RisersRexam (REX) 344.30p +2.93%BG Group (BG.) 1,372.00p +2.85%Essar Energy (ESSR) 521.50p +1.76%Sainsbury (J) (SBRY) 376.00p +1.32%Tesco (TSCO) 402.00p +0.98%Xstrata (XTA) 1,365.50p +0.77%RSA Insurance Group (RSA) 136.00p +0.52%Lloyds Banking Group (LLOY) 62.19p +0.47%Royal Dutch Shell 'A' (RDSA) 2,212.00p +0.43%Amec (AMEC) 1,196.00p +0.25%FTSE 100 - FallersICAP (IAP) 539.00p -2.97%TUI Travel (TT.) 252.30p -2.89%Aviva (AV.) 438.30p -2.64%Fresnillo (FRES) 1,283.00p -2.51%Prudential (PRU) 680.00p -2.44%Royal Bank of Scotland Group (RBS) 41.75p -2.22%International Power (IPR) 426.00p -2.09%IMI (IMI) 868.50p -2.09%BAE Systems (BA.) 342.00p -1.98%Kingfisher (KGF) 250.70p -1.92%FTSE 250 - RisersGreene King (GNK) 468.50p +4.46%Centamin Egypt Ltd. (CEY) 135.10p +3.13%Salamander Energy (SMDR) 289.00p +2.85%Misys (MSY) 332.80p +2.09%3i Infrastructure (3IN) 116.60p +1.92%Betfair Group (BET) 919.00p +1.83%Derwent London (DLN) 1,575.00p +1.61%Fidessa Group (FDSA) 1,561.00p +1.36%Taylor Wimpey (TW.) 34.94p +1.16%Regus (RGU) 100.60p +1.11%FTSE 250 - FallersSThree (STHR) 361.00p -8.61%Hikma Pharmaceuticals (HIK) 783.50p -5.37%Mitie Group (MTO) 218.40p -4.96%Ferrexpo (FXPO) 420.00p -3.98%Avis Europe (AVE) 222.00p -3.48%Cookson Group (CKSN) 658.00p -2.88%Fenner (FENR) 339.00p -2.81%Grainger (GRI) 98.20p -2.77%Informa (INF) 431.80p -2.73%Meggitt (MGGT) 355.40p -2.63%

Related News

IN BRIEF: Ryanair passenger total up again in May despite MidEast war
3 days ago

IN BRIEF: Ryanair passenger total up again in May despite MidEast war

Ryanair Holdings PLC - Dublin-based budget airline - Reports a 6% annual rise in passenger traffic last month, as the US-Israeli war continues to have...

LONDON BRIEFING: Howden Joinery buys DIY Kitchens; B&M profit halves
3 days ago

LONDON BRIEFING: Howden Joinery buys DIY Kitchens; B&M profit halves

(Alliance News) - Howden Joinery agrees a GBP390 million acquisition of online retailer DIY Kitchens, while Tritax Big Box REIT completes the sale of ...

LONDON MARKET CLOSE: Miners lift FTSE 100 while oil price heads lower
3 days ago

LONDON MARKET CLOSE: Miners lift FTSE 100 while oil price heads lower

(Alliance News) - The FTSE 100 made steady progress on Tuesday, with events in the Middle East continuing to largely dictate the market mood.

Rpc Group News

Berry Global Gets Russian Clearance For RPC Group Acquisition
6 Jun 2019

Berry Global Gets Russian Clearance For RPC Group Acquisition

LONDON (Alliance News) - Berry Global Group Inc on Thursday said Russia has cleared its acquisition of fellow plastic packaging firm RPC Group PLC.The...

Mexico Grants Approval For Berry Global's GBP3.3 Billion RPC Group Buy
20 May 2019

Mexico Grants Approval For Berry Global's GBP3.3 Billion RPC Group Buy

LONDON (Alliance News) - Berry Global Group Inc on Monday said it has received approvals for buying RPC Group PLC from competition authorities in Mexi...

Berry Global Gets Further Competition Clearance For RPC Group Purchase
25 Apr 2019

Berry Global Gets Further Competition Clearance For RPC Group Purchase

LONDON (Alliance News) - The European Commission has given the thumbs up to Berry Global Group Inc's takeover of RPC Group PLC, Berry said Thursday.Th...

RPC Group Shareholders Vote In Favour Of Takeover By Berry Global
18 Apr 2019

RPC Group Shareholders Vote In Favour Of Takeover By Berry Global

LONDON (Alliance News) - RPC Group PLC shareholders voted in favour of the takeover by Berry Global Group Inc on Thursday.The packaging firm said the ...

Berry Global's RPC Group Takeover Gets South African Approval
18 Apr 2019

Berry Global's RPC Group Takeover Gets South African Approval

LONDON (Alliance News) - RPC Group PLC's acquisition by US company Berry Global Group Inc has been cleared by the Competition Commission of South Afri...

Apollo Management Lapses Takeover Offer For Plastic Packaging Firm RPC
12 Apr 2019

Apollo Management Lapses Takeover Offer For Plastic Packaging Firm RPC

LONDON (Alliance News) - Apollo Management IX LP said Friday it lapsed its takeover offer for RPC Group PLC, following RPC's approval of Berry Global ...

UK Shareholder Meetings Calendar - Next 7 Days
11 Apr 2019

UK Shareholder Meetings Calendar - Next 7 Days

Friday 12 AprilHSBC HoldingsMonday 15 April88 EnergyTuesday

Berry Global Amends Loans Secured For RPC Acquisition
1 Apr 2019

Berry Global Amends Loans Secured For RPC Acquisition

LONDON (Alliance News) - US-based plastics packaging manufacturer Berry Global Group Inc on Monday said it amended and restated the financial terms of...