U.S. stocks closed lower with most
of the declines made in the last half hour of trading with the Nasdaq being
hardest hit
Alliance & Leicester reported profit up 12
percent to 525 million pounds from 468.3 million a year earlier slightly above
market expectations mainly due to mortgage lending. It also announced that it
would buy back shares this year.
De Vere Group hotelier said it saw its
overall trading environment as variable, with resilience in the leisure break
market but a less consistent recovery in business conference demand. Like for
like revenues rose 1.8 percent in the first 19 weeks of its financial year.
Go-Ahead
transport group posted a 43-percent jump in half-year profits to 47 million up
from 33 million and at the top end of estimates, boosted by its rail and bus
units.
Calendar:
United Kingdom
United States
(GMT)
Europe & World (GMT
Go-Ahead Group (F), Alliance & Leicester (F), ASOSDe Vere Group (AGM), Bankers Investment Trust (AGM)