Most followed: BHP Billiton Centrica Royal Bank of Scotland Stellar Resources Young & Co


(MENAFN- ProactiveInvestors) It may be one of the most boring companies in the history of the London Stock Exchange but a mild profit warning from Centrica (LON:CNA) is attracting interest.

Centrica which trades as British Gas and Scottish Gas admitted it has faced a number of challenges in the year to date in particular mild weather in the UK and the Polar Vortex in North America trading conditions for British Gas Services and the impact of boiler inspections at the Heysham 1 and Hartlepool nuclear power stations.

As a result full year adjusted earnings per share in 2014 are expected to be in the range 19-20p below the consensus forecast of 20.67p.

Royal Bank of Scotland (LON:RBS) has been handed a £56mln fine for an IT meltdown that left nearly seven million customers frozen out of their accounts.

The size of the fine is a little bit more expected but possibly only because people like to round numbers up or down.

The annual general meeting of mining giant BHP Billiton (LON:BLT) is taking place in Adelaide today but if you can't attend the company said it will be broadcast on the web.

It is not quite the same as staying up all night to watch the Ashes cricket but could last as long ...

On the subject of geographical switches it may be time Tangiers Petroleum (LON:TPET) changed its name.

For its next major project it is swapping the warm waters off Morocco for the frozen wastes of America’s most northerly state.

An update this morning reveals it has made a successful bid for almost 87000 net acres in the Alaska North Slope area-wide sale prompting a near 50% increase in the share price.

An almost identical percentage share price rise is racked up by Stellar Resources (LON:STG) after it announced significant gold assay results from the latest underground sampling programme conducted on the Tyn n Cornel section of the Clogau St David's Gold Mine.

The half-yearly report from pubs group Young & Co's Brewery (LON:YNGA) is timely given the famous grousing in the industry about the House of Commons vote in favour of ending the tied-house system in the pubs trade.

Young's no longer owns a brewery - another name change in prospect here perhaps - but it does have both a managed estate and a tenanted estate with the latter the one set to be affected if the proposed changes become law.

Half-year results saw the tenanted estate return to growth with a 4.6% increase in like-for-like sales in the six months to 29 September.

Adjusted profit before tax rose 15.7% to £18.4mln.

"After the extended summer trading has continued very positively into the autumn and further impetus in the current year will come from the newly acquired pubs as well as from the re-opening of some of those currently undergoing redevelopment" said Stephen Goodyear chief executive of Young's.


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