Dow Average Increases 1.9% to Record 16,171.12 at Close
Daily Mail, ITV, Man Group, RBS: U.K., Irish Equity Preview
The following is a list of companies whose shares may have unusual price changes in U.K. and Irish markets. Stock symbols are in parentheses and prices are from the last market close.
Close Brothers Group Plc (CBG LN): The British investment bank founded in 1878 reported a 7 percent rise in full-year adjusted operating profit to 121.3 million pounds. The company’s full-year dividend was maintained at 39 pence a share. The shares advanced 0.7 percent to 727 pence.
Daily Mail and General Trust Plc (DMGT LN): The company said trading for the 11 months to Aug. 31 was “robust” with so-called underlying revenue rising 2 percent from a year ago. The shares rose 2.6 percent to 525 pence.
Game Group Plc (GMG LN): Europe’s biggest electronic-game store chain reported a first-half loss of 18.8 million pounds before non-recurring costs and tax compared with a 14.5 million- pound gain in the same period a year earlier. The stock rose 1.2 percent to 65.75 pence.
Imperial Tobacco Group Plc (IMT LN): The company said trading in the year through Sept. 30 has been in line with the expectations, according to a statement. The shares fell 0.9 percent to 1,923 pence.
ITV Plc (ITV LN): The company said it agreed to sell its 50 percent stake in Screenvision to Shamrock Capital Growth Fund II for $80 million. The shares lost 0.4 percent to 58.7 pence.
Man Group Plc (EMG LN): The biggest publicly traded hedge- fund firm by market value reported net outflows of $600 million in the second quarter. Even so, funds under management rose to $39.5 billion at the end of September from $38.5 billion at the end of June. The shares lost 1.1 percent to 219.3 pence.
Royal Bank of Scotland Group Plc (RBS LN): The U.K.’s largest government-owned bank plans to cut about 500 administrative jobs at its investment banking division to reduce costs, a person with knowledge of the matter said. The stock declined 1 percent to 48.81 pence.
Thomas Cook Group Plc (TCG LN): The travel company said winter 2010-2011 bookings have gotten off to an “encouraging start,” while trading in the U.K. business over the summer was softer than expected, according to a statement. The shares fell 0.4 percent to 183.3 pence.
To contact the editor responsible for this story: Ben Livesey at firstname.lastname@example.org.