BG Group, BSkyB, Imperial Tobacco, TUI Travel: U.K., Irish Equity Preview
The following is a list of companies that may have unusual share-price changes in U.K. and Irish markets. Stock symbols are in parentheses and prices are from the last market close.
The benchmark FTSE 100 Index fell 34.08 points, or 0.6 percent, to 5,942.69. The FTSE All-Share Index declined 0.5 percent to 3,094.14 while Ireland’s ISEQ Index retreated 0.7 percent to 2,972.92.
BG Group Plc (BG/) : The U.K.’s third-largest natural-gas producer said earnings declined 38 percent on higher North Sea taxes and a charge related to asset sales. The company’s shares gained less than 0.1 percent to 1,435.5 pence.
British Sky Broadcasting Group Plc (BSY) : The U.K.’s biggest pay-television provider asked an appeals court to reverse a regulator’s “dramatic intervention” limiting how much it can charge rivals for coverage of soccer matches. The shares were unchanged at 839 pence.
DCC Plc (DCC) : The Irish distributor of goods from heating oil to computer games said pretax profit rose 15 percent to 189.6 million euros in the year through March 31 2011. The stock rose 1.1 percent to 22.50 euros.
EasyJet Plc (EZJ) : Europe’s second-biggest discount carrier said its first-half loss widened as fuel costs rose and icy weather and strikes caused flights to be canceled. The stock dropped 2.3 percent to 346.8 pence.
Imperial Tobacco Group Plc (IMT) : Europe’s second- biggest tobacco company said first-half adjusted operating profit was 1.48 billion pounds. Analysts had expected profit of 1.49 billion pounds on that basis. The stock declined 0.9 percent to 2,157 pence.
InterContinental Hotels Group Plc (IHG) : The owner of the Holiday Inn brand said in a statement today that first- quarter net income rose to $69 million from $54 million in the same period a year earlier. Revenue rose to $396 million from $362 million. The shares retreated 0.9 percent to 1,249 pence.
N Brown Group Plc (BWNG) : The U.K. catalog retailer said full-year net income rose to 71.7 million pounds compared with 62.5 million pounds a year ago. The shares fell 2.2 percent to 285.7 pence.
TUI Travel Plc (TT/) : Europe’s largest tour operator’s first half net loss narrowed to 255 million pounds ($418 million) from 320 million pounds as sales rose 4.7 percent to 5.21 billion pounds, the company said today in a statement. The stock fell 0.5 percent to 243.6 pence.
United Drug Plc (UDG) : Ireland’s biggest drug wholesaler said it plans to buy back as many as 5 million shares after the company reported an increase in pre-tax profit in the six months through March. The shares rose 1.7 percent to 2.34 euros.
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