Company news

F&C gears up
30 Jul, 2010 17:23
Investment trust titan Foreign and Colonial (F&C) took a step back in the first half of 2010, though it outperformed its benchmark index.

Mali discovery cheers Randgold boss
30 Jul, 2010 16:16
Shares in Randgold Resources were shining after the Africa-focused gold miner's chief executive Mark Bristow said its recent discovery of a gold deposit at Gounkoto in western Mali confirms the region's potential for further finds of this size.

Citigroup pays $75m sub-prime fine
30 Jul, 2010 14:21
American bank Citigroup is paying a $75m (£48m) fine to settle charges that it misled investors over their exposure to sub-prime mortgages.

Nando's seen as Clapham House suitor
30 Jul, 2010 12:23
Capricorn Ventures (CVI), the group that owns the Nando's peri-peri chicken chain, is behind the bid approach to burger restaurant Clapham House.

Charter says economic trends uncertain
30 Jul, 2010 10:38
Charter reported improved half-year profits but shares in the industrial engineer dropped after it said the future economic trends remain uncertain.

EDF sells UK grid business
30 Jul, 2010 09:13
Ownership of one of Britain's largest electricity distribution networks has changed hands again, after French owner EDF sold it on to a Hong Kong-based consortium for £5.8bn.

UBM on track
30 Jul, 2010 08:30
Media conglomerate United Business Media (UBM) is on track to meet expectations for the full year despite a decline in profit before tax at the half-way stage.

Dignity profit, revenue up
30 Jul, 2010 08:20
Funeral home operator Dignity reported higher first-half revenue and profit and said it is on track to meet full-year expectations.

Dana ups pressure on Koreans with new discovery
30 Jul, 2010 08:10
Bid target Dana Petroleum's Fin-1X exploration well has discovered a new oil field, in the North Zeit Bay area in the Gulf of Suez, in Egypt.

TalkTalk agrees mobile tie-up with Vodafone
30 Jul, 2010 07:57
Broadband group TalkTalk has signed a deal with Vodafone to launch a mobile service under its own brand.