Edition:
United Kingdom

Company Results & Outlooks

UPDATE 2-Trade talks keep European shares afloat as Sainsbury's, Swedbank sink

* Swedbank falls on reported links to money laundering scandal (Adds closing prices)

UPDATE 2-Glencore announces $3 bln buyback plan as profit jumps despite cobalt dip

Feb 20 Weaker cobalt prices dented earnings at Glencore's trading division last year, but strength in other commodities helped the company to post an 8 percent jump in core profit and announce a share buyback programme worth up to $3 billion.

Regulatory News, 10:54am GMT

Fashion retailer Laura Ashley sees FY results below market view

Feb 20 British fashion retailer Laura Ashley Holdings Plc said on Wednesday its performance for the entire year would miss market expectations as consumers spent less.

Global Market Data 7:56am GMT

Intu Properties scraps final dividend as retail closures weigh

Feb 20 Intu Properties scrapped its full-year dividend as several high profile retail bankruptcies forced the shopping mall operator to diversify its tenants and look at disposing some assets to pay off debt.

7:29am GMT

Telefonica sales up 3.2 pct in Q4, FY OIBDA up 5.3 pct

FRANKFURT, Feb 20 Telefonica Deutschland on Wednesday reported sales revenues was up by 3.2 percent at 1.965 billion euros ($2.23 billion) in the fourth quarter of 2018, the best quarter in three years.

6:43am GMT

UPDATE 1-Kerry forecasts 'grave' no-deal Brexit fallout for Irish food firms

DUBLIN, Feb 19 Ireland's Kerry Group warned on Tuesday of "grave consequences" for Irish food producers if Britain leaves the European Union without a replacement trade deal.

19 Feb 2019

Kerry Group sees UK food demand tumbling in a no-deal Brexit

DUBLIN, Feb 19 Ireland's Kerry Group has seen the British food market weaken and expects demand to drop further if Britain leaves the European Union without a deal on future trade relations, its chief executive said on Tuesday.

19 Feb 2019

UPDATE 1-Asda reports slowdown in rate of quarterly sales growth

LONDON, Feb 19 Asda, the British supermarket arm of Walmart that has agreed to be acquired by rival Sainsbury's, reported a slowdown in the rate of underlying sales growth in its fourth quarter.

Regulatory News, M&A 19 Feb 2019

UK's Asda reports slowdown in rate of quarterly sales growth

LONDON, Feb 19 Asda, the British supermarket arm of Walmart that has agreed to be acquired by rival Sainsbury's, reported a slowdown in the rate of underlying sales growth in its fourth quarter.

Regulatory News 19 Feb 2019

UPDATE 1-Bank of Georgia profits rise on lending boost

Feb 19 Bank of Georgia Group Plc reported an 11.8 percent jump in annual profit on higher lending thanks to a growing Georgian economy, but warned that growth of unsecured consumer loans would moderate on the back of some newer rules.

19 Feb 2019