Sanjeeban Sarkar

SSP beats profit estimates, boosts dividend

Nov 22 2017

SSP Group , an operator of restaurants and bars in airports and railway stations, reported a better-than-expected profit, raised its dividend and unveiled a 100 million pound special payout for shareholders, sending its shares up as much as 8 percent.

Diploma's adjusted profit rises 19 percent; shares surge

Nov 20 2017

British industrial component distributor Diploma Plc reported a 19 percent rise in full-year adjusted pretax profit as its controls unit saw new project activity and recovery in some end-user markets.

GoCompare spurns 460 million-pound offer by Zoopla-owner ZPG

Nov 14 2017

British company GoCompare has rejected a 460 million-pound ($600 million) takeover approach made by rival ZPG , owner of the real estate website Zoopla and utility price comparisons website uSwitch.

Petrofac's first-half profit falls, cuts dividend

Aug 30 2017

British oilfield services company Petrofac reported a 10.7 percent fall in core earnings for the first-half on Wednesday as subdued oil prices forced exploration and drilling companies to defer or cancel service contracts.

Vedanta's zinc unit gets helping hand from China, first-quarter earnings rise

Aug 23 2017

Diversified miner Vedanta Resources' first-quarter core earnings rose about 48 percent on higher zinc production, with renewed demand for the metal driven by higher steel production in China.

Amec Foster's first-half trading profit falls, margins improve

Aug 10 2017

British oil services company Amec Foster Wheeler Plc , which is being bought by John Wood Group Plc , reported an 8 percent fall in half-year profit, but stronger margins helped to boost its shares.

UK insurer Hastings reaps sales gain from higher car premiums

Aug 09 2017

Rising British motor insurance premiums helped Hastings deliver a 22 percent rise in first half profit as people shopped around for policies, which the insurer said lifted its sales.

Lonmin to sell surplus platinum capacity to raise cash

Aug 07 2017

Platinum miner Lonmin Plc said on Monday it would cut costs and sell some assets, including processing capacity of up to 500,000 ounces per year, as it battles to overcome a weak market and to preserve jobs.

Hargreaves Lansdown cancels special dividend after regulator warns on capital

Aug 04 2017

Fund supermarket Hargreaves Lansdown cancelled a planned special dividend on Friday after Britain's financial regulator said the company needed to shore up its capital base, sending its shares lower.

Euronext posts 2 percent rise in second-quarter core earnings

Jul 28 2017

Pan-European exchange Euronext said its second-quarter core earnings rose 2 percent as higher investor appetite and a better economic and political outlook for the European Union boosted trading volumes.

World News