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THOMSON FINANCIAL NEWS TOP STORIES UK 1605 BST


Published :
Thu, 26 Apr 2007 16:22
By : Agencies
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LONDON (Thomson Financial) - Here are the top stories on Thomson Financial News

Barclays says made good start to 2007, sees Q1 headline pretax up 15 pct

LONDON (Thomson Financial) - Barclays PLC, which is in a bid to buy Dutch bank ABN Amro Holdings NV, said it has made a good start to 2007 and expects its first-quarter headline pretax profit to rise 15 pct from a year ago.

Excluding gains from the sale and lease back of property, pretax profit grew 10 pct, and performance was particularly strong at Barclays Capital, which had its best quarter ever, the company said in an AGM statement.

Amvescap Q1 opg up 27.1 pct, record assets under management at 471.2 bln usd

LONDON (Thomson Financial) - Anglo-US fund manager Amvescap PLC reported a 27.1 pct rise in operating profit for the first-quarter to March 31 on positive fund flows and record assets under management.

The company said its operating profit came in at 237.2 mln usd compared with 186.6 mln usd. Diluted earnings-per-share rose to 19 cents from 13 cents.

Reckitt Benckiser Q1 pretax profit up 58 pct; raises FY targets

LONDON (Thomson Financial) - Reckitt Benckiser PLC said its first-quarter pretax profit rose 58 pct to 236 mln stg on actual exchange basis and raised its earnings and revenue targets for 2007.

The maker of household cleaning goods said net profit was 179 mln stg, up 63 pct on actual exchange basis and 36 pct on constant exchange basis.

Wimpey should make 14 pct margins in 2007; merger with Taylor Woodrow going well




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