Articles by Naresh Kumar

AMEC PLC Earnings Performance AMEC Plc is expected to recommend a final dividend of 20.3 pence per share as it anticipates double-digit underlying revenue growth for the FY 2012, but JP Morgan Cazenove cuts its recommendation on the firm to "Neutral" from "Overweight" in a review of the European oil services sector and raises price target to 1,344p from 1,252p.
Apr 13, 2012
UK Producer Price Inflation Slows Down in March The U.K. producer price index for home sales of manufactured products rose 3.6 percent in the year to March 2012, compared to a growth of 4.1 percent in February, according to the latest data released from the Office for National Statistics (ONS).
Apr 13, 2012
Punch Taverns reported a fall of 20 percent in its profit before tax for the six months ending in March at £33 million compared to £41 million a year ago. But expects expects to reap benefits during the second half of the current year from the Queen's Diamond Jubilee, the UEFA European football championship and the Olympic Games.
Apr 12, 2012
Driven mainly by an increase of 18 percent in international retail sales, Mothercare has reported a rise of 4.5 percent in its worldwide network sales for the fourth quarter. Shares of the group rose as much as 3.10 percent at 0835 AM BST on LSE. But total group sales decreased by 4.2 percent with total UK sales down by 9.5 percent.
Apr 12, 2012
UK Retails Sales U.K. retail sales increased in March as warm weather boosted the sales of non-food goods, at the same time the permanent job placements increased for a third straight month giving an indication that the British economy is recovering slowly.
Apr 11, 2012