Market Report: Market Movers: Bunzl in Demand Ahead of Results + Profit-Taking Hits Barclays + Corus Up as Bush Weakens Tariffs + Health Clinic Seeks Funding
jivkov, Michael, The Independent (London, England)
bBunzl 470p (up 3.5p, 0.8 per cent). In demand ahead of interim results next week.
bCorus 58.75p (up 0.75p, 1.3 per cent). Bush administration weakens tariffs on steel imports for fear of retaliation from Europe and Japan.
bWhitbread 545.5p (up 21.5p, 4.1 per cent). Deutsche Bank says "buy" ahead of upcoming trading statement.
bMyTravel 143p (up 5.25p, 3.8 per cent). Teather & Greenwood reckons the stock is undervalued relative to its peer group and rates it as a "buy".
bComprehensive Business Services 19p (up 3p, 18.8 per cent). Receives 20p-a-share bid from the chief executive, Derrick Collin.
bMurchison United 3.25p (up 0.5p, 18.2 per cent). Unveils plans to sell its Renison Bell mine and raise cash via institutional fund raising.
bT Clarke 454p (up 18p, 4.2 per cent). Posts first-half pre-tax profit of pounds 4.6m up from pounds 3.4m a year earlier.
bIQE 16.5p (up 1.5p, 10.0 per cent). The chief financial office, Richard Clarke, resigns days after group posts hefty losses.
bCoffee Republic 4.75p (up 0.5p, 11.8 per cent). Investors await bid developements. …
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Publication information: Article title: Market Report: Market Movers: Bunzl in Demand Ahead of Results + Profit-Taking Hits Barclays + Corus Up as Bush Weakens Tariffs + Health Clinic Seeks Funding. Contributors: jivkov, Michael - Author. Newspaper title: The Independent (London, England). Publication date: August 24, 2002. Page number: 22. © 2009 The Independent - London. Provided by ProQuest LLC. All Rights Reserved.
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