Morning news wrap: BP, Rio Tinto, Rolls Royce, Imperial Tobacco Group, Cable & Wireless

In the FTSE 100, turbine manufacturer Rolls Royce (LSE: RR) has won a share of an order from Sichuan Airlines for V2500 engines to power 12 Airbus A320 aircraft. The contract is worth $100 million to the company.
Rio Tinto (LSE: RIO) has completed the sale of Alcan Packaging divisions to Amcor for US$1.95 billion.
BP (LSE: BP) released its quarterly results, reporting a net income of US$4.3 billion, up from last year’s US$3.3 billion loss in Q4.
Imperial Tobacco Group (LSE: IMT) said its overall performance and financial position for the year to 30 September 2010 was in line with the board’s expectations.
Cable & Wireless (LSE: CW) said it would seek to raise US$500 million aggregate principal amount from an offering of senior secured notes due 2017.
In AIM, ECO Animal Health Group (AIM: EAH) said it has been granted a marketing authorisation in Mexico for Ecoheart Chewable Tablets for dogs.
Europe focused oil and gas developer Ascent Resources (AIM: AST) is set to commence re-drilling of the Fontana-1 well in the next few days.
North America focused oil & gas junior Pantheon Resources (AIM: PANR) said that the second well on the Tyler County acreage in Texas is now expected to spud in early March. Hydrocarbon production at the Jumonville #1 well has fallen due to a rising water cut and the well has been shut in.
Irish oil and gas exploration company Petroceltic International (AIM: PCI) said that well testing the Objective Devonian F2 formation at well INW-2 has been successful with a gas well test rate of 16.7 million standard cubic feet per day.

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