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Markets

LSE Volume: 4,078 M
Avg Vol: 3,672 M +11%
Fallers
2,390
Unchanged 612
Risers
2,019

FTSE sours on supermarkets; Wall St, Europe fall

FTSE indices ended on a sour note as supermarkets dragged, followed by a caboose comprising numerous sectors including energy, financial and property. Wall St was down after a swag of economic data, and European markets entrenched their midday weakness.

Fuller's has record Xmas

Fuller, Smith & Turner had a record Christmas despite very strong comparatives. Like-for-like sales in Managed Pubs and Hotels rose 6.8% in the 43 weeks to Jan. 24, while LFL profits in the Tenanted Inns division rose 4% and total beer and cider volumes in the Fuller's Beer Company grew 4%.

NWT's profit

Newmark Security has improved its H1 pretax profit to £1.56m, from £19,000. Revenue was £11.9m, from £8.9m. Looking ahead, it said although H2 revenues were not seen matching H1's, FY results before exceptionals were expected to be ahead on the year.

MAGP's reserves

Magnolia Petroleum has received an independent Reserves Report as at 1 January 2015 that includes a significant increase in net proven reserves on its leases in US onshore formations such as the Woodford and Mississippi Lime, Oklahoma, and the Bakken and Three Forks Sanish, North Dakota.

RMM revises

Rambler Metals and Mining said due to the uncertainty in the copper price and an unforeseen decline in copper grade in January the Company has begun implementing short term cost cutting measures whilst it addresses grade and production issues at the Ming Mine.