QinetiQ trading in line

ShareCast - Defence and security technology firm QinetiQ Group said the year has begun well with the trading outlook remaining in line with the expectations described during its year-end results in May.

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Close Bros sees satisfactory 2008

ShareCast - Investment bank Close Brothers said its performance continues to be relatively resilient and expects a broadly satisfactory outcome for the 2008 financial year.

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Market overview: Footsie surges

ShareCast - 0830: London’s top stocks are surging ahead in early deals, buoyed by some good results news. Admiral is topping the risers after the car insurance group posted record profits for the half year, helping it to increase dividends by 26%. FTSE 100 up 79 points to 5399.

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Mondi operating profit up 8%

ShareCast - Packaging firm Mondi saw half year operating profits increase by 8%, driven by a strong performance from its Europe & International division.

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Telecity posts maiden profits

ShareCast - Data centers operator Telecity Group posted maiden profits during its interims and said it continues to perform ahead of its own forecasts.

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RSA settles GM litigation

ShareCast - RSA Insurance Group, formerly Royal & Sun Alliance, said it has settled a litigation with General Motors.

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ARM profits up, reiterates full-year guidance

ShareCast - Microchip designer ARM reported slightly better first half pre-tax profits and reiterated its full-year guidance.

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London open: Top stocks surge ahead

ShareCast - London’s top stocks are surging ahead in early deals, buoyed by some good results news.

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Provident Financial profit rises 34%

ShareCast - Shares in sub-prime lender Provident Financial powered ahead after it posted a 34% rise in first-half profit and saw a 7% increase in customers at its main consumer credit division.

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Market overview: FTSE 100 up 62

ShareCast - 0915: Footsie has lost some of its early gains, but remains well in the blue. Admiral leads the way after the car insurance group posted record profits for the half year, helping it to increase dividends by 26%. Lloyds TSB is the heaviest faller after the bank saw profits for the first half slump as it took a £585m hit from the market dislocation. FTSE 100 up 62 at 5,381.

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