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Polymetal pleased with Lichkvaz mineral resource estimate
Polymetal International released its mineral resource estimate for the 100%-owned Lichkvaz project on Friday, adding to the planned product expansion at its recently-acquired Kapan concentrator.
Pets at Home buys majority stakes in veterinary centres
Pets at Home has acquired majority stakes in two veterinary referral centres.
Great Portland Estates sells Mortimer House for £27m
Great Portland Estates announced on Friday that it had exchanged contracts to sell Mortimer House in London’s Fitzrovia for £26. 95m.
London open: Stocks fall as investors wade through earnings
UK stocks declined on Friday as investors sifted through corporate earnings from a batch of FTSE 100-listed companies.
Restaurant Group tumbles after profit warning
Shares in Restaurant Group tumbled on Friday after it warned over its annual profits, as it highlighted a further deterioration in trading conditions and announced the departure of its chief financial officer.
Ophir Energy hits stumbling block at Fortuna
Ophir Energy hit a stumbling block on its road to final investment decision at the Fortuna floating liquefied natural gas project, offshore Equatorial Guinea, it reported Friday.
Europe open: Stocks follow Wall St into the red
European stocks fell in early trade, tracking losses in the US, where Apple shares slid after billionaire activist Carl Icahn said he had sold his entire stake in the technology company.
Currencies help drive Rotork first quarter revenues
Favourable exchange rates and contributions from acquisitions helped drive a 0. 7% increase in first quarter revenues at valve maker Rotork.
SABMiller could spin off more European assets
Brewing giant SABMiller is set to spin off its businesses in central and eastern Europe, as part of the package of commitments being agreed between its suitor AB InBev and the European Commission.
RBS Q1 losses more than double after payment to UK govt
British taxpayer-owned Royal Bank of Scotland more than doubled first quarter losses to £968m after paying out a £1. 2bn dividend to the UK government.
Pearson trades to expectations in first quarter
Education publisher Pearson was trading in line with expectations in the first quarter, it reported on Friday, with adjusted operating profit and adjusted earnings per share before the costs of restructuring still expected to be £580-£620m and 50p-55p respectively.
London pre-open: Stocks seen lower on weak US lead
London stocks were expected to open lower on Friday, tracking losses in the US, where Apple shares slid after billionaire activist Carl Icahn said he had sold his entire stake in the company.
IAG Q1 pre-tax profits soar, but sees impact from Brussels attacks
Airline group IAG said first quarter operating profits were €155m before exceptional items compared with €25m in 2015. Pre-tax profits were up to €124m from a loss of €37m.
IAG operating profit up; Pearson trading in line
London’s FTSE 100 was seen starting 57 points lower than Thursday’s close at 6,265.
Friday newspaper round-up: Apple, BHS, executive pay, Reckitt
Billionaire investor Carl Icahn, who was among Apple’s largest outside shareholders, said on Thursday that he no longer held a position in the technology company. “We no longer have a position in Apple,” he said on CNBC, a US business news television network, adding that he still believed it was a “great company”. Mr Icahn cited concerns about China’s attitude towards the company, saying that Beijing could “come in and make it very difficult for Apple to sell there”.
US close: Dow down as Apple's fall cumbers tech sector
US stock indices closed with a late, steep fall into the red on Thursday after the Federal Reserve held interest rates steady but official data showed economic growth slowed surprisingly in the first quarter.