Market Pulse
Earnings down in tougher year for Man Group
Man Group revealed lower earnings in its full year trading financials published on Wednesday.
Barratt Developments hikes dividend as profits fly
Barratt Developments hiked its dividend by a quarter after the housebuilder's profits mushroomed in the first half of the year.
Laggan-Tormore delays hit Petrofac's profit
Petrofac's annual profit has plunged due to delays in getting production up and running at its Laggan-Tormore plant and the costs associated with it.
Interserve's full year profit up 28%
FTSE 250 support services and construction group Interserve reported a jump in profit and revenue for the year ended 31 December and lifted its dividend, although it forecast a flat 2016.
Serco wins contract extension at Australia's largest prison
Australia's largest prison was to be operated by Serco for another five years, it was revealed on Wednesday, as the firm signed an extension to its contract with the Government of Western Australia.
Weir Group posts 46% decline in pre-tax profit
Unprecedented market challenges saw revenue and earnings take a tumble at Weir Group in the year to 1 January.
London pre-open: Stocks seen lower as investors keep an eye on oil
Stocks in London are expected to open a little lower on Wednesday following mostly negative sessions in the US and Asia, as investors keep an eye on oil prices.
Wednesday newspaper round-up: CBI, oil, Aston Martin, Heathrow
Alberto Gallo, former macro credit strategist for Royal Bank of Scotland, has left the bank to join Algebris, with the aim of expanding the $3bn asset manager’s focus beyond financial institutions by launching a fund designed for a world of negative interest rates. The move to capitalise on the problems faced by insurers and pension funds confronted by very low or negative yielding bonds highlights both the scale of the challenge and the poor performance of many existing hedge fund structures.