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Dollar falls against the yen; bond yields decline

March 13, 2013 11:45
By Leah Schnurr NEW YORK (Reuters) - The U.S. dollar tumbled against the yen on Friday after the Bank of Japan left its monetary policy unchanged, while benchmark U.S. bond yields fell to near 4-1/2-month lows after the U.S. economy grew less than expected in the first quarter.

G4S profits rise despite Olympic debacle

March 13, 2013 11:31
LONDON (Reuters) - Security group G4S posted a six percent rise in annual profit, as emerging markets growth helped soften the blow of an Olympics staffing blunder that rocked the British firm in 2012. The world's No.1 security group on Wednesday said 2012 operating profit excluding the Olympics was 516 million pounds, up six percent on 2011 and within analysts' forecast range of between 510 and 520 million pounds.

UPDATE 2-IMI to buy back shares, sell merchandising business

March 7, 2013 04:30
* To buy back up to 175 mln stg of shares * To divest majority of merchandising division * Plans bolt-on acquisitions * Shares rise as much as 8 pct (Adds CEO and analysts' comments, updates share movement) By Karen Rebelo March 7 (Reuters) - British engineer IMI Plc said it would buy back up to 175 million pounds ($263 million) of its shares and sell most of its merchandising business, sending its shares up as much as 8 percent.

CORRECTED-UPDATE 2-Ophir Energy to tap shareholders for 553 mln stg

March 4, 2013 17:45
(Corrects paragraph 2 to remove reference to funds being used to buy more assets) LONDON, March 4 (Reuters) - British oil and gas explorer Ophir Energy Plc is asking shareholders for over 550 million pounds ($830 million) to fund drilling projects in eastern Africa. The company said proceeds from a placing and rights issue would beef up its drilling programme in Tanzania, Kenya and Gabon and help it to negotiate farmouts, or the sale of oil, natural gas or mineral interests to other companies, from a better bargaining position.

UPDATE 1-Croda's profit rises on strong consumer care sales

February 26, 2013 04:46
* Full-year pretax profit 253.2 mln stg vs 237.5 mln stg last year earlier * Full-year sales up 2.3 percent 1.05 billion stg * Full-year consumer care sales up 2.6 percent to 586.4 million stg Feb 26 (Reuters) - British specialty chemical maker Croda International Plc said increased fourth-quarter sales at its consumer care business helped it report a 6.6 percent rise in full-year profit.

UPDATE 2-Travis Perkins calls for radical rethink by government

February 20, 2013 04:45
* Conventional economic solutions are not enough, CEO says * Calls for cut to VAT on home improvement products * Posts 2012 adjusted EPS of 95.1 pence, in line with forecasts * Full-year dividend up 25 pct at 25 pence * Shares down 3 pct By James Davey

Morgan Sindall profit falls 15 percent

February 19, 2013 03:45
Feb 15 (Reuters) - Britain's Morgan Sindall Group Plc reported a 15 percent fall in its full-year profit as government spending cuts hurt its construction and infrastructure business, which accounts for more than half the company's revenue. Profit before tax fell to 34.2 million pounds ($52.94 million) in the year ended Dec. 31, 2012 from 40 million pounds a year earlier. Revenue declined 8 percent to 2.05 billion pounds.

Egypt pound continues fall at Thursday dollar auction

January 10, 2013 06:45
CAIRO, Jan 10 (Reuters) - The Egyptian pound weakened at a central bank auction of dollars on Thursday, the eighth such sale since it introduced a new regime to reduce pressure on its currency. The bank said the cut-off price at the auction was 6.5099 pounds to the dollar - a 0.47 percent fall from Wednesday when the cut-off price was 6.4797 pounds. The central bank said it had sold $49.1 million at the auction, less than the $50 million it had offered.

Euro Rates at 0900 GMT - Jan 8

January 8, 2013 10:07
LONDON, Jan 8 (Reuters) - Following are the middle exchange rates for leading currencies against the euro: CURRENT HIGH LOW US Dollar 1.3124 1.3139 1.3102 Japanese Yen 114.74 115.21 114.44 British Pound 0.8157 0.816 0.8134 Swiss Franc 1.2089 1.2093 1.2079 Danish Crown 7.4597 7.4612 7.4585 Norwegian Crown 7.326 7.3316 7.312 Swedish Crown 8.5506 8.5567 8.5102 Australian Dollar

Euro Rates at 2100 GMT - Jan 7

January 8, 2013 09:56
LONDON, Jan 7 (Reuters) - Following are the middle exchange rates for leading currencies against the euro: CURRENT HIGH LOW US Dollar 1.3114 1.3119 1.3016 Japanese Yen 115.07 115.55 114.07 British Pound 0.8136 0.8149 0.8101 Swiss Franc 1.2085 1.2092 1.2079 Danish Crown 7.4597 7.4612 7.4576 Norwegian Crown 7.3244 7.3393 7.2998 Swedish Crown 8.5221 8.5598 8.5024 Australian Dollar
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