Morning news wrap: British Land, Scottish & Southern Energy, Compass Group, BG Group, BSkyB, Ofcom

In the FTSE 100, commercial property company British Land (LSE: BLND) has signed a total of 65,000 sq ft (square feet) of new lettings at its recently completed London office developments since the announcement of its third quarter results in February, with an additional 154,000 sq ft under offer.
Scottish and Southern Energy (LSE: SSE) has secured a £400m loan facility from the European Investment Bank (EIB) to help finance the development of renewable energy schemes in the UK and Ireland.
Caterer Compass Group (LSE: CPG) said that organic revenue moved from a decline of approximately 3% in the fourth quarter of 2008/09, to a decrease of 1.7% in the first quarter of 2009/10. In the second quarter, reflecting the impact of easing prior year comparative figures, organic revenue growth is expected to be around 1.5%.
Oil and gas producer BG Group (LSE: BG) has announced that it has agreed to sell Tokyo Gas 1.2 Mtpa (million tonnes per annum) of LNG for 20 years from 2015.
Water company United Utilities (LSE: UU) has signed a £30 million five year pact with Cable & Wireless Worldwide (LSE: CW) to provide converged voice and data network services to its 300 UK sites including data centres, water works and two key contact centres.
Regulator Ofcom told broadcaster BSkyB (LSE: BSY) today that it must cut its wholesale rates for Sky Sports 1 and 2 to £10.63. BSkyB today announced its intention to challenge Ofcom's conclusions before the Competition Appeal Tribunal.
In AIM, iron ore focused investor Red Rock Resources (AIM: RRR) said revenues for the six months to 31 December 2009 jumped to £0.63 million from £64,869 in H1 2008.
Copper and nickel explorer Regency Mines (AIM: RGM) posted a pre-tax profit of 388,164 for the six months to 31 December 2009 compared to an interim loss of £1,408,136 a year ago.
Mobile email and data synchronisation group Synchronica (AIM: SYNC) has agreed to acquire the IMPS instant messaging business of Colibria AS and announced a placing to raise £2.8 million.
London Mining (AIM: LOND) update the resource estimate for the Marampa and Wadi Sawawin projects. The indicated resource at Marampa now amounts to 37.8 Mt (million tonnes) grading 22.2% Fe (iron) at a 15% Fe cut-off. The indicated resource at the Wadi Sawawin project stands at 247.5 Mt at 39.8% Fe Indicated Resources at a 30% Fe cut-off.

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