LONDON STOCK EXCHANGE

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Northumbrian Water interim profits up as revenue rises 5 pct

U.K.'s Northumbrian Water Group reported a higher profit for the first half as revenue rose 5 percent, and said it was well placed to maintain a strong financial performance. The provider of water and waste water services lifted its interim dividend by 7.5 percent to 4.72 pence.

Pennon H1 pretax profit up 0.7 pct; pays 7.5 pence a share

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British water company Pennon Group reported a 0.7 percent rise in its first-half pretax profit due to higher demand for water from summer usage and asset sale of its water utilities business South West Water but said looking forward, South West Water is well placed to outperform the assumptions for the K5 (2010-2015) period.
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Investec posts "strong" H1 operating results, AUM rises

Investec Plc, the specialist bank and wealth manager, posted a "strong" operational performance in the first half, with five of its six core businesses recording a substantial increase in earnings. Third party assets under management grew 4.9 percent to 77.8 billion pounds.
Deputy Treasury Secretary Neal Wolin

Too big to Fail era over: Treasury Dept.

Too big to fail is now over and American taxpayers will never be asked to bear the costs of a financial firm's failure, said U.S. Treasury deputy secretary Neal Wolin.
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Experian reports 'strong' H1, lifts dividend ; shares up

British credit information group Experian Plc said its benchmark pretax profit grew 12 percent in the first half as it reported its best organic revenue growth in four years. The company lifted its first interim dividend by 29 percent to 9 cents.
A broker trades sterling swaps at ICAP in London

ICAP posts 'good' interim results

ICAP Plc, the world’s largest broker of transactions between banks, reported good revenue and earnings growth for the first half despite quieter markets, mainly driven by its strong electronic broking franchise.
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Rexam sees H2 results similar to H1

Beer can manufacturer Rexam Plc said trading for the period since July 1 has been in line with its expectations, and it expects second half results to be similar to those of the first.
A Persimmon banner flies at a housing development near Manchester

Persimmon confirms in-line trading

British housebuilder Persimmon Plc confirmed that current trading in line with expectations, and it still expects sales revenue to rise about 10 percent this year.
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Majestic Wine interim profits up 20 pct; lifts dividend

Majestic Wine Plc, UK's largest wine warehouse chain, reported a 20 percent rise in first-half pretax profit as sales rose on substantial increase in active customers, and the company lifted its interim dividend by 17.9 percent to 3.3 pence.
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3i posts interim profit, NAV rises 15 pct

British private equity firm 3i Group Plc reported a profit and a rise in net asset value for the first half, and it lifted its interim dividend by 20 percent to 1.2 pence.
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Will gold surge to $1,250/oz?

Gold is marginally lower and threading water in most currencies today with markets subdued as the London Stock Exchange and Wall Street are closed for a national holidays.
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LSE adds Turquoise color to trading

The London Stock Exchange bought a majority stake in platform rival Turquoise, giving its owners a well-timed exit, aligning its interests with those of big clients and granting it immediate access to pan-European share trading.
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LSE takes 60 percent stake in Turquoise platform

London Stock Exchange has agreed a deal to take a 60 percent stake in loss-making trading platform rival Turquoise and will merge it with its own dark pool platform, Baikal, to create a new pan-Europe venture.
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Petroceltic in Italian farm-in deal with Canada's Cygam

Irish oil and gas explorer Petroceltic International Plc said it took over as operator of a permit in Italy, raising its stake to 70 percent from 40 percent, as part of a farm-in deal with a unit of Canada's Cygam Energy Inc.
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Caledon Resources says not to sell co, shares fall

Australian coal producer Caledon Resources Plc said on Tuesday it will not pursue sale of the company, following an extended strategic review, sending its shares down 15.5 percent in early trade on the London Stock Exchange.

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