EasyJet, Cranswick, Invensys, Majestic Wine: 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.
Cranswick Plc (CWK LN): The foodmaker that holds the Weight Watchers’ U.K. sausage license said net income in the first six months of the year rose to 18.7 million pounds ($30.1 million) as revenue advanced. The stock dropped 3.4 percent to 786 pence.
Premier Oil Plc (PMO LN): Korea National Oil Corp., the company that bought Dana Petroleum Plc, is seeking to expand in the North Sea and has approached producers including Premier Oil, the Observer reported, without citing anyone. The shares fell 0.7 percent to 1,798 pence.
E2V Technologies Plc (E2V LN): The U.K. maker of components for sensors used in X-rays and radar posted first-half pretax profit of 10.1 million pounds, on revenue of 105.4 million pounds. The shares declined 2.1 percent to 91.5 pence.
EasyJet Plc (EZJ LN): Chief Executive Officer Carolyn McCall, who has headed the airline since July, is preparing to pay the company’s first dividend after a request from the carrier’s founder and biggest shareholder, the Sunday Times reported, citing sources it didn’t identify. The shares rose 1.2 percent to 466 pence.
Invensys Plc (ISYS LN): The U.K. maker of controls that help run Whirlpool Corp. washing machines said the company may be bought by Chinese railcar maker CSR Corp., the Daily Telegraph reported, citing an interview with Chief Executive Ulf Henriksson. The stock advanced 2.5 percent to 318.8 pence.
ITV Plc (ITV LN): The U.K.’s biggest commercial television company will consider reinstating its dividend next year after hit shows including the drama “Downton Abbey” increased advertising revenue over the past few months, the Sunday Times reported, without saying how it obtained the information. The stock advanced 0.4 percent to 69.85 pence.
London Mining Plc (LOND LN): The developer of iron ore mines raised its planned initial run rate at the Marampa project in Sierra Leone to 1.8 million metric tons a year from 1.5 million tons, with peak output increased to 3.6 million tons a year from 3 million. The shares rose 2.3 percent to 310 pence.
Lonmin Plc (LMI LN): The world’s third-largest platinum producer posted underlying earnings of $0.70 a share in the fiscal year ended Sept. 30 compared with a loss of $0.59 cents a year earlier. The company declared a 15 cent annual dividend. The shares fell 1.2 percent to 1,767 pence.
Majestic Wine Plc (MJW LN): The owner of the U.K.’s largest chain of wine warehouses said first-half profit rose to 5.1 million pounds in the 26 weeks ended Sept. 27, from 4.3 million pounds a year earlier. The shares rose 2 percent to 362 pence.
Robert Wiseman Dairies Plc (RWD LN): Scotland’s largest provider of fresh milk said first-half operating profit fell 2.7 percent to 21 million pounds. Sales rose 6.8 percent to 452.8 million pounds. The stock advanced 1.3 percent to 327.7 pence.
Workspace Group Plc (WKP LN): The landlord to about 4,500 businesses around London said six-month net rental income rose 4.1 percent to 22.9 million pounds.The shares were unchanged at 24 pence.