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    <title>MoneyAM News</title>
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    <description>UK Market News from MoneyAM</description>
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		  <title>MoneyAM News</title>
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    <pubDate>Fri, 29 Aug 2008 00:04:15 +0100</pubDate>
    <lastBuildDate>Fri, 29 Aug 2008 00:04:15 +0100</lastBuildDate>
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    <title><![CDATA[FTSE closes session firmly higher]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3184923</link>
    <description><![CDATA[END-OF-DAY REPORT: Headline shares closed firmly higher, with a buoyant financial sector helping the main index make progress. Sentiment was lifted by a solid start to trading on Wall Street on stronger-than-expected US economic growth data.  [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 16:47:22 +0100</pubDate>
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    <title><![CDATA[Diageo cuts growth targets]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3185875</link>
    <description><![CDATA[Guinness maker, London-based Diageo, the world's biggest alcoholic drinks group, this morning posted a 7% rise in annual earnings. However, the company reduced its profit growth target due to slower global economic growth.  [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 08:27:13 +0100</pubDate>
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    <title><![CDATA[AMEC raises margin forecast again]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3185915</link>
    <description><![CDATA[AMEC, an oil, gas and mining engineer, today reported an 87% jump in first-half pretax profit, raising its margin targets for the second time in as many months on continued strength in its markets. Half-year dividend rose 15% to 5.3p per share.  [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 08:37:06 +0100</pubDate>
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    <title><![CDATA[Premier Oil abandons Chim Cong well]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3185955</link>
    <description><![CDATA[Premier said in a statement its Chim Cong well in Vietnam was being plugged and abandoned, while strong oil prices and higher production lifted profit to $71.2m, in line with analyst forecasts.  [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 15:43:04 +0100</pubDate>
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    <title><![CDATA[Savills suffers falling demand]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3186045</link>
    <description><![CDATA[Underlying pretax profit at Savills dropped 41% after falling UK property investment volumes led to a drop in demand for some of its highest fee-earning services. The company said it would pay an interim dividend of 6p, as previously targeted.  [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 08:02:43 +0100</pubDate>
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    <title><![CDATA[Storms hit Kazakhmys ]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3185756</link>
    <description><![CDATA[Kazakh miner Kazakhmys posted a 21% fall in first half earnings per share as bad weather hit output. [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 08:29:27 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle?id=3185756</guid>
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    <title><![CDATA[Carillion on target]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3185826</link>
    <description><![CDATA[Building and support services group Carillion met forecasts with a 59% rise in first-half profit. [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 07:40:42 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle?id=3185826</guid>
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    <title><![CDATA[IMI expects progress]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3186076</link>
    <description><![CDATA[Engineering company IMI posted a 35% rise in H1 profit and said it expected further progress. [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 12:30:02 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle?id=3186076</guid>
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    <title><![CDATA[Ferrexpo H1 earnings more than double]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3185635</link>
    <description><![CDATA[Ukrainian iron ore miner Ferrexpo posted a 105% jump in first half earnings per share on the back of record prices and said it was considering returning excess cash to shareholders.  [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 07:24:19 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle?id=3185635</guid>
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    <title><![CDATA[Cattles experiencing increase in arrears]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3186096</link>
    <description><![CDATA[Subprime lender Cattles reported a 16.8% increase in its half-year profit, but said more customers were experiencing repayment difficulties in the face of weakening economic growth.  [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 08:08:25 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle?id=3186096</guid>
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    <title><![CDATA[Robust oil industry pushes Hunting ahead]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3185604</link>
    <description><![CDATA[Oil services company Hunting said half-year profit from continuing operations rose 11% to £23.9m.  [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 07:20:59 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle?id=3185604</guid>
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    <title><![CDATA[UK Coal slumps to first-half pretax loss]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3187686</link>
    <description><![CDATA[The UK's biggest coal miner UK Coal slumped to a pretax loss in the first half, but said it remained on target to meet its profit expectations for the full year.  [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 15:24:15 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle?id=3187686</guid>
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    <title><![CDATA[First-half profits soar at Soco International ]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3185790</link>
    <description><![CDATA[Oil explorer Soco International said its first half profits soared thanks to the sale of its Yemen fields and that its operating loss narrowed, helped by higher oil prices.  [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 07:38:12 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle?id=3185790</guid>
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    <title><![CDATA[ NZ dollar slips on strong US data, bonds flat]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3188369</link>
    <description><![CDATA[WELLINGTON, Aug 29 (Reuters) - The New Zealand dollar <NZD=> eased on Friday as stronger-than-expected U.S. growth data sent the U.S. currency higher.         * NZ dollar fell to around $0.7020 in early local trade, after rising to as high as $0.7069 in offshore session, dragged higher on an advanci [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 23:57:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/3188369</guid>
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    <title><![CDATA[ Australian stocks seen up as economy worries ease]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3188363</link>
    <description><![CDATA[SYDNEY, Aug 29 (Reuters) - Australian shares are set for a firm end to the week on Friday, taking heart from rises in stock markets overseas after strong U.S. economic growth figures eased concerns over the global economy.     Resource firms may dip, however, on lower metals and oil prices, while an [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 23:52:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/3188363</guid>
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    <title><![CDATA[HENNES & MAURITZ H&M eyeing regional shopping centres as part of Japanese plans - report]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3188359</link>
    <description><![CDATA[TOKYO (Thomson Financial) - H&M Hennes & Mauritz AB, the world's No. 3 clothing retailer, aims to aggressively open stores in Japan, including sites in regional shopping centres, the Nikkei reported citing chief executive officer Rolf Eriksen.    The business daily quoted Eriksen as saying in an int [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 23:49:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/3188359</guid>
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    <title><![CDATA[ Japan govt to unveil 10 trln yen economic stimulus plan - report]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3188353</link>
    <description><![CDATA[TOKYO (Thomson Financial) - The Japanese government will launch an economic stimulus package of 10 trillion yen ($91.3 million) to help those strained by higher costs for fuel and basic goods, including an 8 trillion yen measure to ensure adequate financing for small businesses through credit guaran [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 23:34:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/3188353</guid>
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    <title><![CDATA[ Tokyo shares outlook - Higher on Wall St's rally, but upside seen limited]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3188351</link>
    <description><![CDATA[TOKYO (Thomson Financial) - Japanese shares are expected to open higher on Friday, buoyed by strong gains on Wall Street after a better-than-expected reading on the U.S. economy and a drop in jobless claims helped ease concerns about the health of the economy.    The Commerce Department said that gr [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 23:31:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/3188351</guid>
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    <title><![CDATA[WIND RIVER SYSTEM Wind River Systems 2Q net doubles]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3188346</link>
    <description><![CDATA[SAN FRANCISCO (Thomson Financial) - Wind River Systems Inc. late Thursday reported second-quarter net earnings of $8.8 million, or 11 cents a share, up from $4.31 million, or 5 cents a share, in the year-ago period.    On an adjusted basis the company posted a profit of $14 million, or 17 cents a sh [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 22:07:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/3188346</guid>
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    <title><![CDATA[ESTERLINE TECHNOLOGI Esterline 3Q net, revenue beat Street estimates]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3188344</link>
    <description><![CDATA[SAN FRANCISCO (Thomson Financial) - Esterline Corp. late Thursday reported fiscal third-quarter net earnings of $20.5 million, or 68 cents a share, down from $38.8 million, or $1.49 a share, in the year-ago period.    Last year's third-quarter included a $23 million, or 88-cents-a-share, benefit fro [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 21:52:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/3188344</guid>
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    <title><![CDATA[PETSMART INC PetSmart 2Q net profit tops Street estimates]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3188342</link>
    <description><![CDATA[SAN FRANCISCO (Thomson Financial) - PetSmart Inc. late Thursday reported second-quarter net earnings of $37.2 million, or 30 cents a share, above the mean 28-cent estimate of analysts polled by Thomson Reuters.    Net earnings in the prior-year period were $47.1 million, or 35 cents a share.    Reve [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 21:48:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/3188342</guid>
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    <title><![CDATA[NOVELL INC Novell 3Q adjusted profit beats Wall Street expectations]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3188341</link>
    <description><![CDATA[SAN FRANCISCO (Thomson Financial) - Novell Inc. late Thursday reported a third-quarter adjusted profit of $20.8 million, or 6 cents a share, a penny above the mean estimate of analysts polled by Thomson Reuters.    Adjusted earnings in the year-earlier period were $18.7 million, or 5 cents a share.  [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 21:41:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/3188341</guid>
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    <title><![CDATA[MARVELL TECH GROUP Marvell Tech 2Q adjusted profit, revenue beat Street forecasts]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3188340</link>
    <description><![CDATA[SAN FRANCISCO (Thomson Financial) - Marvell Technology late Thursday reported fiscal second-quarter net earnings of $71.4 million, or 11 cents a share, versus a year-ago net loss of $56.5 million, or 10 cents a share.    Adjusted income more than tripled, rising to $154 million, or 24 cents a share, [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 21:40:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/3188340</guid>
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    <title><![CDATA[DELL INC Dell 2Q profit falls 17%; revenue up 11%]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3188328</link>
    <description><![CDATA[SAN FRANCISCO (Thomson Financial) - Dell Inc. late Thursday reported fiscal second-quarter net earnings fell 17% to $616 million, or 31 cents a share, from $746 million, or 33 cents a share in the year-ago period.    Revenue in the period ended Aug. 1 rose 11% to $16.4 billion.    The mean estimate  [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 21:27:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/3188328</guid>
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    <title><![CDATA[ Finnish govt unveils surplus 2009 budget]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3188262</link>
    <description><![CDATA[HELSINKI (Thomson Financial) - The Finnish government on Thursday presented its 2009 budget bill, showing a surplus despite a warning this week that the Nordic country would face decelerating economic growth going forward.    For 2009, Helsinki expects a surplus of 153 million euros (225 million dol [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 19:10:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/3188262</guid>
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    <title><![CDATA[RHODIA INTERVIEW-UPDATE1-Rhodia sees upside from weaker euro, oil]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3188261</link>
    <description><![CDATA[PALAISEAU, France, Aug 28 (Reuters) - French chemicals group Rhodia hopes to benefit from the lower euro exchange rate and softer oil prices, despite the uncertain economic outlook, Chief Executive Jean-Pierre Clamadieu said on Thursday.     'I think a couple of things have changed in the past few w [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 19:06:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/3188261</guid>
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    <title><![CDATA[MEDIOBANCA DI CREDIT Mediobanca's main investor says power debate still on]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3188260</link>
    <description><![CDATA[CORTINA, Italy, Aug 28 (Reuters) - The question of control at Italian investment bank Mediobanca is still under discussion, the head of its biggest shareholder UniCredit said on Thursday, adding that he thought it was right that managers had a say.     'The ideas are not clear yet. It is a debate th [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 19:04:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/3188260</guid>
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    <title><![CDATA[EURAZEO Investment group Eurazeo H1 profit down sharply]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3188259</link>
    <description><![CDATA[PARIS, Aug 28 (Reuters) - French investment group Eurazeo on Thursday reported a sharp drop in first-half net profit to 243.1 million euros ($359.5 million) after last year's mid-way profits were boosted by 599 million euros of post-tax capital gains.     Operating profit fell 54.3 percent to 488.9  [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 19:03:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/3188259</guid>
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    <title><![CDATA[ Militants say kidnapped Israeli located in Nigeria]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3188258</link>
    <description><![CDATA[LAGOS (Thomson Financial) - Nigeria's most prominent armed group said Thursday it had located an Israeli national who was kidnapped earlier in the week in the country's oil-rich but dangerous south.    The Movement for the Emancipation of the Niger Delta (MEND) also said it was withdrawing an earlie [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 18:56:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/3188258</guid>
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    <title><![CDATA[LUKOIL OAO UPDATE 1-LUKOIL says Arctic field will reverse output slide]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3188256</link>
    <description><![CDATA[SOUTH KHYLCHUYU, Russia, Aug 28 (Reuters) - LUKOIL's new Arctic oilfield will enable the No. 2 Russian producer to avoid a decline in output this year, but the company's head said on Thursday more tax cuts are needed to revive flagging production.     LUKOIL President Vagit Alekperov said Russian oi [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 18:54:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/3188256</guid>
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    <title><![CDATA[ French jobless total rises slightly in July]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3188252</link>
    <description><![CDATA[PARIS, Aug 28 (Reuters) - The number of job seekers in France rose by 0.7 percent to 2.362 million in July compared with June according to a broad measure used by the government, the Economy Ministry said on Thursday.     The jobless figure fell 2.2 percent from a year earlier, while under a narrowe [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 18:50:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/3188252</guid>
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    <title><![CDATA[HSBC HLDGS CORRECTED-HSBC to up stake in Vietnam's Techcombank to 20 pct]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3188248</link>
    <description><![CDATA[HONG KONG, Aug 28 (Reuters) - HSBC said on Thursday it will raise its stake in Vietnam bank Techcombank to 20 percent from 14.4 percent in a deal worth roughly $77.1 million.     By raising its stake, HSBC will become the first foreign bank in Vietnam to hold a 20 per cent interest in a domestic ban [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 18:48:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/3188248</guid>
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    <title><![CDATA[LIN TV CORP LIN TV's 'B+' corporate credit rating affirmed on credit deal amendment - S&P]]></title>
  	 <link>http://www.moneyam.com/action/news/showArticle?id=3188242</link>
    <description><![CDATA[MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services said it affirmed its ratings on LIN TV Corp., including the 'B+' corporate credit rating, and its subsidiary, LIN Television Corp., following the company's amendment of its credit agreement.     The amendment permanently reduces LIN's a [read more] - supplied by MoneyAM]]></description>
	   <pubDate>Thu, 28 Aug 2008 18:41:00 +0100</pubDate>
  	 <guid>http://www.moneyam.com/action/news/showArticle/3188242</guid>
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