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Premier Oil Reports Record Profits, Achieves Strongest Ever Financial Position

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.

Close Brothers' H1 Profits Unchanged

Close Brothers Group, a specialist financial services company, has reported that its adjusted operating profits for the six months to 31 January, 2012 were broadly unchanged at £63 million due to the difficult economic and financial market uncertainty for securities.

Brady Posts Robust FY Earnings

Brady, a commodity risk management software provider, has reported a rise of 72 per cent in its full year revenue to £19.16 million, up from £11.12 million in 2010, including an increase in recurring revenues of 147 per cent to £9.79 million.

SThree Q1 Gross Profit Rises by 15%

SThree, an international staffing business firm has reported that its first quarter gross profit rose 15 percent year on year to £47.7 million, up 12 percent in the fourth quarter of 2011.

Morrisons Delivers Another Good Year Performance

Morrisons Supermarkets, the food retailer, has reported that its turnover rose 7 per cent to £17.7 billion for the year ended 29 January, 2012. Profit before tax was at £947 million compared to £874 million in the previous year and raised its total dividend by 11 per cent to 10.7 pence.

Schorders Posts Slight Rise in FY Profits

Schroders, an international asset management and private banking group, has reported a slight rise in its profit before tax at £407.3 million for the year ended 31 December, 2011 from £406.9 million a year earlier.

Glencore Revenues Soar by 28%

Glencore, the supplier of metals, minerals, energy and agriculture products has reported its preliminary 2011 results with revenues for the year ended 31 December 2011 at $186,152 million, a 28% increase compared to $144,978 million in 2010.

Tips on FTSE Stocks

Britain’s FTSE 100 index ended lower 56.40 points or 1 per cent at 5,871.51 on Wednesday, though investors digested the latest second round of a European Central Bank long term liquidity operation.

Occupy London: Why Don't They Just Stand as MPs?

As the Occupy London movement looks sets to continue in the courts, critics are suggesting that the protesters simply pack up and go home. But can a protester take this argument to Parliament by becoming an MP?