Wednesday, 28th January 2015

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News & Reports

Severn Trent reveals new dividend policy, cuts payout for next year

Wed 28th Jan 15, 07:07:49

In accepting the final determination from the water industry regulator, Severn Trent has cut its dividend for next financial year but plans a £100m share buy-back programme to reduce its gearing ratio.

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Fresnillo beats gold and silver production guidance, expects growth in 2015

Mexican precious metals group Fresnillo beat forecasts with its silver and gold production in 2014 and said it expects to grow output this year. 2 hours ago

London pre-open: Strong start expected after Apple and Yahoo impress

A strong showing by US tech giant Apple and internet titan Yahoo after the closing bell on Wall Street is expected to filter into a positive open in London on Wednesday. 2 hours ago

Sage Group makes "solid start" as Q1 organic revenues rise 5.3%

Business management software group Sage said it made a "solid start" to the new financial year and remains on track to hit its growth targets. 2 hours ago

Wednesday newspaper round-up: NHS, Ed Miliband, Ebola...

A drug worth £10m per patient will soon be available on the NHS after gaining approval, said The Times. The drug is called Eculizumab and will provide life-saving treatment for around 200 people a year with a rare kidney condition. The paper claimed that the drug will cost the NHS upwards of £82m each year. 2 hours ago

Tuesday tips round-up: Petra Diamonds, Aveva

Mining is a laborious process. It takes time to get at the precious stones and ores buried deep underneath our feet. Nevertheless, eventually it can be quite a lucrative undertaking. The same is true of stock in precious gems miner Petra Diamonds. 12 hours ago

Apple soars as Q1 earnings and revenue beat expectations

Apple shares rose 5% in after-hour trading after the tech giant's first quarter earnings beat Wall Street's expectations. 12 hours ago

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