Today's market overview
• Russian miner Polymetal is on track to deliver 1m ounces of gold equivalent production in 2012 it said, as it announced sharp increases in revenue and earnings (IC COMMENT).
• Assets under administration at life assurance leviathan
rose a bit more than the market had been expecting in the first quarter of 2012.
• Reinforced polymer technology firm
unveiled a 53 percent increase in pre-tax profit for the half year ended 29 February after bumper demand from its energy and mining customers (IC COMMENT).
Capital Shopping Centres
cast a light on the tough retail environment today, reporting falling occupancy levels and footfall so far this year.
• FTSE 250 base metals miner
has acknowledged that the first quarter of 2012 was disappointing as it reported an operating loss for the three months to the end of March.
• Events, marketing and publishing group
has maintained full year guidance after a solid first quarter performance from its events business offset weakness elsewhere.
• Oil and gas engineering firm
said it was to build two further rigs for Abu Dhabi's National Drilling Company.
• FTSE 250 metals and alloys treatment firm,
, reported a good performance in the first quarter of 2012 and said it was on track to meet full year forecasts.
• Oil and gas firm
has received approval of its field development plan for the Solan field in the UK Continental Shelf from the Department of Energy and Climate Change.
• Sales at sportswear retailer
exceeded management's expectations in February and March.
• Diversified mining group
has received regulatory approvals for the development and operation of the Simandou iron ore project in Guinea.
, which supplies recycled packaging for consumer goods, said it was on track with its planned acquisition of Europe's second biggest packaging business, SCA Packaging.
• The UK's largest food manufacturer
said first quarter results were in line with company expectations despite the ongoing challenging consumer environment.
• Diagnostic tests and testing equipment supplier
continues its steady progress towards break-even but it would have been a step or two closer but for some manufacturing issues which delayed the release of a new product.
• Online gaming firm
' move into business to business services last year contributed to another year of top line growth.
• Investors were jumping on the
bandwagon after the company raised profit expectations for the second time this year.
• Irish building materials group CRH has been notified by cement-maker Semapa of its intention to acquire CRH's shares in their joint venture, Secil.
released its delayed full year results and they were not worth waiting for, as a slump in advertising revenues led to a collapse in profits.
• Drugs giant
saw a modest increase in group revenue in the first quarter of 2012 as growth in the US, Emerging Markets/Asia Pacific and Japan offset declines in Europe.
• Following Nick Clegg's push for UK energy companies to offer the British public the best tariffs, utilities giant
has announced that it is to offer all its customers an 'Annual Energy Review', the company revealed today.
• Shares in oil firm
took a hit after the company reported 'disappointing' results from its Nunya 1x eploration well in the Keta block offshore Ghana.