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Premier Oil Reports Record Profits, Achieves Strongest Ever Financial Position

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Premier Oil, a leading FTSE 250 independent exploration and production company, has reported its record after-tax profits of US$171.2 million for the year ending December 31, 2011, up from US$129.8 million in 2010. Operating cash flows increased by 11.4 per cent to US$485.9 million, up from US$436.0 million in 2010.
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Public Sector Net Borrowing Trends

UK Feb Borrowing Smashes Expectations

The U.K.'s public sector net borrowing increased more than anticipated in February 2012, while striking a record value for the month of February, according to the latest data released from Office for National Statistics (ONS).
Next Plc Earnings Performance

NEXT on Cautious Edge, Expects Recovery in Q2

NEXT PLC, the Britain's second-largest clothing retailer expects to deliver its FY2011 earnings in line with the previous guidance on Thursday with an approximate increase of 4 percent in its profit before tax at the range of £558-572 million.
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Ted Baker Delivers Strong FY Performance, Plans Rapid International Expansion

Ted baker, the British designer brand, has reported a rise of 14.9 percent in its revenues for the year ended January 28, 2012 at £215.6 million, compared to £187.7 million in the previous year. The group's profit before tax increased by 0.1 percent to £24.3 million and basic earnings per share rose by 1.7 percent to 42.2 pence.
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Cairn Energy Posts Record FY Profits

Cairn Energy, the independent oil, gas exploration and production company has reported a record profit after tax of $4.6 billion for the year ended 31 December, 2011 with a cash balance of $4.7 billion.
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Mears FY Revenue Jumps By 12%, Records Strong Operating Margins

Mears Group, the social housing and care provider firm, has reported a 12 per cent jump in its full year revenues to £589.00 million from £523.90 million in 2010. The social housing and care revenues rose by 9 percent to £415 million and 8 percent to £379.40 million repectively.