Greene King (LON:GNK) has acquired four pub restaurants from Punch Taverns for a total consideration of £5.3m.
Halfords Group (LON:HFD) released preliminary results for the year ended 2nd April 2010. Revenue was up £36.9m to £831.6m while profit before tax was up £24.7m. The Board has recommended a final dividend of 14.0p making a full year dividend of 20.0p, up 25.8% on the previous year.
Wincanton (LON:WIN) saw revenue decline 7.6% to £2,182.9m for the year ended 31st March 2010. The full year dividend has been maintained at 14.91p.
Home Retail Group Plc (LON:HOME) said that economic conditions remain both challenging and uncertain, with this quarter proving difficult in terms of consumers’ willingness to spend. The Company is targeting to achieve a similar level of profitability to last year.
BP (LON:BP.) has noted the fall in its share price in US trading last night. The Company is not aware of any reason which justifies this share price movement.
IG Group Hldgs (LON:IGG) expects to report revenue of approximately £298m and adjusted profit before tax of approximately £157m, representing revenue growth of 16% and profit growth of 25%, for the year ended 31st May 2010.
Misys (LON:MSY) has agreed to sell the majority of its 54.6% interest in its Allscripts subsidiary, and that Misys intends to return substantially all of the proceeds to shareholders.
Chloride Group (LON:CHLD) has agreed to recommend the all cash offer by ABB for the Group of approximately £860m. The Boards of Directors of both companies have agreed on a recommended offer price of 325p per Chloride share.
Wh Smith Plc (LON:SMWH) said that total Group sales in the first 14 weeks of the second half of the financial year were down 3% were down 3% with like-for-like sales down 4% compared to the same period last year. The Board remains confident in the outcome for the full year.
Compass Group (LON:CPG) has announced the acquisition of Southeast Service Corporation for a cash consideration of $65m.
Aggreko (LON:AGK) expects Group revenue for the first half of the year to grow by around 10% and trading profit will increase by around 20%.
Prudential (LON:PRU) released a trading update in which it reported Group-wide sales of £1,355m for the first five months of the year, up 27% on the previous year. Performance in Asia was particularly strong with sales up 33% to £579m while the Company also reported record retail sales in the US of £454m which was an increase of 41% on the previous year.
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