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LSE Volume: 63 M
Avg Vol: 4,223 M -99%
Unchanged 1

FTSE down on retailers, financials in interims tornado

FTSE indices closed down after a breath-taking tornado of interim results swamped the City, with retail-related, financial and a mixed bag of other stocks providing scarcely compelling cue. Wall St eased.

RBS sees continued improvement in Q3

Royal Bank of Scotland gives a Q3 trading update and presentation at Bank of America Merrill Lynch Banking & Insurance Conference. The details of RBS CEO Ross McEwan's speech are given below:

Mariana's option

Mariana Resources has entered into an option agreement to earn up to a 50.01% interest in Nassau Gold Limited, a joint venture company between Mariana and Sumin Resources Limited for the development of the Nassau Gold Project.

Powerflute profit

Powerflute has increased its H1 pretax profit by 31% to 6.9m euros, from 5.2m euros a year ago. Revenue was up 10% to 72.7m euros, from 66.3m euros. It paid a dividend of 1.35 euro cents in May.

Range eyes rigs

Range Resources has signed a loan agreement for up to $15m in medium-term financing with Lind Asset Management, LLC, a New York-based institutional investor managed by the Lind Partners, LLC.