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London pre-open: Modest rise forecast for FTSE

Thu, 18th Apr 2013 07:27

City sources predict the FTSE 100 will open up three points from yesterday's close of 6,244. The modest gain is expected despite losses seen in both Asia and the US overnight, and follows four consecutive days of decline on the FTSE. On today's agenda are US initial unemployment claims data and the Philly Fed manufacturing survey, while closer to home investors are awaiting both internet retail sales and general retail sales data. In company news, consumer packaging giant Rexam said results since the start of January have been in line with company expectations and, while volume growth has been slower than predicted towards the end of the quarter, it expects to make further progress this year.Synergy Health, which provides specialist outsourced services to health related markets, has reported a 'robust' period of trading during the fourth quarter. The firm's operating margins have been maintained primarily as a result of continued cost management and improving dynamics in the Dutch market. SABMiller's annual growth rate rose more than expected as the beverage company's revenues climbed on price increases and the impact of regional mix. The brewer of popular beers Peroni and Groslsh reported a 3.0% increase in lager volumes on an organic basis for the year to March 31st 2013. It beat the 2.0% forecast by analysts at Investec. NR
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2 May 2014 11:00

UK WINNERS & LOSERS: InterContinental Hotels, RBS Lead FTSE 100

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.
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FTSE 100 - WINNERS
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InterContinental Hotels Group, up 8%. The company has reported that revenue pe

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2 May 2014 10:48

TOP NEWS: AstraZeneca Rejects Sweetened Takeover Offer

LONDON (Alliance News) - The following is a summary of top news stories Friday.
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COMPANIES
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AstraZeneca PLC rejected Pfizer Inc's second bid for the company, saying that despite Pfizer raising its bid to GBP50 per share i

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2 May 2014 08:35

London open: Stocks flat ahead of US data, but RBS jumps

- Markets nervous ahead of US jobs data - RBS jumps 10 per cent as profits rise - IHG rises after Q1 results, special divi techMARK 2,791.50 +0.11% FTSE 100 6,812.55 +0.05% FTSE 250 15,923.25 +0.46% UK markets opened more or less flat on Friday despite a massive jump in the share price of RBS, as

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2 May 2014 08:00

Rexam Upbeat For 2014 Despite "Quiet" Start In Western Europe

LONDON (Alliance News) - Beverage can maker Rexam PLC Friday said its overall results for 2014 so far have been in line with expectations, despite mixed trading across its regions. In an interim management statement for the period January 1 to date, the company said volumes of its standard

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2 May 2014 07:39

UK MORNING BRIEFING: Pfizer Ups Bid For AstraZeneca, Pitches Cameron

LONDON (Alliance News) - UK shares have opened flat to slightly higher Friday, as pharmaceuticals and banks continue  at the forefront.

Pfizer confirmed that it has made an increased offer for AstraZeneca PLC of GBP50 per share, in cash and Pfizer shares. Pfize

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2 May 2014 07:36

Can maker Rexam facing FX headwinds and high metal prices

- Company facing FX headwinds - Metal premiums at all-time high - Trading mixed across regions Beverage cans maker Rexam said that the first quarter was in line with expectations, but foreign exchange movements will be a headwind going forward, while metal premiums are at record highs. The company

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2 May 2014 06:47

UPDATE 1-Can maker Rexam says first-qtr results in line with expectations

(Adds details, background) May 2 (Reuters) - Rexam Plc, the world's second largest beverage can maker in terms of revenue, said overall results in the first-quarter were in line with its expectations. The company, which makes aluminium cans for Coca-Cola, Red Bull, Carlsberg beer and

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2 May 2014 06:19

Can maker Rexam says first-qtr results in line with expectations

May 2 (Reuters) - Rexam Plc, the world's second largest beverage-can maker in terms of revenue, said overall results in the first-quarter were in line with its expectations. The company, which makes aluminium cans for Coca-Cola, Red Bull, Carlsberg beer and Heineken, said it was feeling the

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2 May 2014 05:11

UK Dividends Calendar - Week Ahead

UK Dividends Calendar 
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2 May 2014 05:11

UK AGM, EGM Calendar - Week Ahead

UK AGM, EGM Calendar
Friday, May 2
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2 May 2014 05:11

UK Earnings, Trading Statements Calendar - Week Ahead

UK Earnings, Trading Statements Calendar
Friday

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1 May 2014 15:36

UK AGM, EGM Calendar - Week Ahead

UK AGM, EGM Calendar
Friday, May 2
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1 May 2014 15:36

UK Earnings, Trading Statements Calendar - Week Ahead

UK Earnings, Trading Statements Calendar
Friday

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1 May 2014 15:36

UK Dividends Calendar - Week Ahead

UK Dividends Calendar 
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1 May 2014 05:14

UK AGM, EGM Calendar - Week Ahead

UK AGM, EGM Calendar
Thursday, May 1
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