Jon has been reporting on stock markets for over twenty-five years for audio text companies (remember them?!), newswires, and websites. He helped set up MarketEye News for ICV/Topic in the 1990’s before moving on to become a Markets reporter at AFX News. After over 10 years, which saw him rise to the dizzy heights of Markets Editor at AFX, the firm’s acquisition by Thomson Corp and subsequent takeover of Reuters, he moved on in 2012. Prior to Proactive Investors, he was News Editor for thisismoney.co.uk, the Mail Online’s financial website.
The Rimmel make-up to Wella haircare group reported a net loss of US$304.8mln, or 41 US cents per share, wider than a loss of US$31.0mln, or 9 US cents per share posted a year earlier, with adjusted EPS at breakeven, below the 9 US cent consensus forecast
The homes builder reported net income of US$148.6mln, or 87 US cents a share in the third quarter to end July, up from US$105.5mln, or 61 US cents a share a year earlier
Nicholas Hyett, equity analyst at Hargreaves Lansdown said “the move is likely to be seen as a capitulation by the board, which had previously argued that the division formed a core part of the group’s operations”
Analysts at Jefferies raised their rating for the FTSE 250-listed firm to 'hold' from ‘underperform’, while chopping their price target back to 1,045p from 1,390p
The after-market auto parts provider reported a fall in net income to US$87.0mln, or US$1.17 a share, down from US$124.6mln, or US$1.68 a share a year earlier
The FTSE 100-listed company said full-year production was still expected to be between 685,000 and 720,000 tonnes, unchanged from a forecast from the beginning of the year
Asiamet said the mapping and sampling was recently completed in the northern part of the Beruang Kanan West (BKW) prospect in Central Kalimantan, Indonesia
The NYSE-listed firm saw its second quarter net profit fall to US$942mln, or US$3.23 a share, down from US$1.02bn, or US$3.32 a share a year earlier.