| CATEGORY: RISERS AND FALLERS SECTOR: ELECTRICITY GENERATION AND DISTRIBUTION |
FTSE 100 movers: British Energy lifted by special divi |
|
Wed 13 Feb 2008
|
LONDON (SHARECAST) - British Energy has rallied after the normal confusion about what to look at whenever it publishes results.
In the nine-months to the end of 2007, the company’s operating profit before NFL cash sweep adjustments and amortisation fell to £563m from £626m. Adjusted EBITDA declined to £745m from £775m; analysts had been forecasting EBITDA figures ranging from £741m from £755m.
The board declared a third quarter dividend of 14.5p which will be in addition to the final dividend due at the end of the company’s financial year.
AstraZeneca rallied slightly on vague bid talks, though the company played this down. The group also told reporters it is confident of seeing off any generic competition to Nexium, for treating excess stomach acid, which could face generic competition from April and Seroquel, for schizophrenia and bipolar disorder, which may face a generic rival from late March.
Alliance & Leicester slumped in sympathy with Bradford & Bingley, which unveiled a series of write-off including £94 for sub-prime related investments.
FTSE 100 - Risers
British Energy Group (BGY) 522.00p +6.75%
Experian Group (EXPN) 453.75p +4.19%
Man Group (EMG) 567.00p +1.80%
Pearson (PSON) 659.00p +1.38%
AstraZeneca (AZN) 1,982.00p +1.38%
British Airways (BAY) 295.75p +1.37%
British Sky Broadcasting Group (BSY) 575.50p +1.32%
Centrica (CNA) 332.00p +0.68%
FTSE 100 - Fallers
Alliance & Leicester (AL.) 566.50p -5.74%
Vedanta Resources (VED) 1,940.00p -4.06%
Taylor Wimpey (TW.) 171.70p -3.49%
BG Group (BG.) 1,147.00p -3.37%
Kingfisher (KGF) 132.00p -3.15%
BT Group (BT.A) 223.50p -3.04%
Persimmon (PSN) 723.00p -3.02%
Xstrata (XTA) 3,708.00p -2.91%
|
|
| |
|
 |
Front Page Stories |
 |
|
