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Tuesday, 14 August 2007

News Highlights for today

WH SMITH

WH Smith forecast strong results after good performance at airports, railway stations and motorway services and is predicting profits from £59 million to £64 million for the year to 31 August. This is compared with £51 million in the previous year.

ABN Amro takeover

The RBS (Royal Bank of Scotland), Spain's Santander and Belgian-Dutch group Fortis have increased their stake in ABN Amro by 3.25%, buying 40.76 million shares at an average of £22.89 each.

(source: The Londonpaper)

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