In the FTSE 100, retailer Marks and Spencer (LSE: MKS) published an interim management statement for Q3 2010, saying group sales were up 2.6%, while UK sales rose 2.3% and like for likes improved 0.8%. Online sales surged 32% and international sales climbed 6%.
Insurer Prudential (LSE: PRU) today announced a long-term strategic partnership with United Overseas Bank Limited to develop a regional bancassurance business. The company’s insurance products will be distributed through UOB Group’s bank branches in Singapore, Indonesia and Thailand. Prudential will also acquire UOB Singapore for £192 million in cash.
In the FTSE 250, easyJet (LSE: EZJ) said load factor increase 3.1% year on year in December and 1.4% for the year to the month.
Domino’s Pizza (LSE: DOM) said system sales in Q4 increased 15.6% to £112.4 million, while sales for the year ended 27 December rose 16% to £407 million.
In AIM, Turkey and Saudi Arabia operating gold explorer KEFI Minerals (AIM: KEF) announced the commencement of a drilling programme at the Bakir Tepe project in south west Turkey to test a large geophysical anomaly, which could be related to a Cyprus-style copper-gold volcanic-hosted massive sulphide deposit.
Africa and FSU operating oil and gas junior Victoria Oil & Gas (AIM: VOG) said well La-105 at the Logbaba project in Cameroon reached a total depth of 8,920 feet, having encountered gas bearing sands that can be correlated to those found and tested in the nearby well La-103.
Emerging speciality pharmaceutical company Alliance Pharma (AIM: APH) said it expected to report a full year turnover of £31 million, which would mark a 42% improvement over the previous year. http://www.proactiveinvestors.co.uk/companies/news/11857/morning-news-wrap-marks-and-spencer-prudential-united-overseas-bank-easyjet-dominos-pizza-11857.html
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