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Stocks tumbled all over the world following the assassination of the head of the governing council in Iraq, political unrest in India and another rise in oil prices Celltech Group, Belgian USB drugmaker has agreed to buy the company for 1.53 billion pounds, 550-pence-per share in cash a 27.8 percent premium to last nights closing price BAA airports operator reported an inline 4.9 percent rise in annual profit to 616 million pounds following a record number of passengers through its seven UK airports. MmO2 achieved market forecasts with a 59 percent rise in full-year core earnings and a maiden pre-tax profit, and said it was reviewing a payout policy for November. Land Securities Europe's largest property investor reported a rise in net asset value, at the top of forecasts, and said it saw market conditions improving for London offices. Annual profit rose 16.7 percent to 373.1 million pounds , up from 319.6 million pounds. (Regus?) LogicaCMG said it expected first half revenue to be around ten percent lower at its Wireless Networks unit, which would book a loss for the period. Yell Group telephone directory publisher, said its full year net loss widened to 51.1 million pounds due to costs related to its initial public offering, as turnover rose 6.5 percent to 1.19 billion pounds |
Pre Market Futures |
FTSE +10 |
DAX+26 |
DOW+39 |
S&P+4.1 |
Nasdaq+8.5 |