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Morning news wrap: BP, Imperial Tobacco, ARM Holdings, Petrofac, Lloyds, Segro

In the FTSE 100, oil and gas supermajor BP (LSE: BP) released its quarterly earnings report, saying its profits soared 135% year on year to US$6.08 billion.

Chipmaker ARM Holdings (LSE: ARM) also reported its quarterly figures, saying its revenues in US dollar terms jumped 19% year on year to US$143.3 million.

Part-nationalised bank Lloyds (LSE: LLOY) said it returned to profitability in Q1 on a combined business basis as the business was delivering good income growth.

Imperial Tobacco Group (LSE: IMT) said its interim revenues rose 8% to £13.37 billion.

Commercial property company Segro (LSE: SGRO) has agreed to acquire BAA’s 50% interest in the Airport Property Partnership for £111.3 million in cash.

Oil and gas engineering firm Petrofac (LSE: PFC) has acquired CO2DeepStore Limited, a UK-based CO2 storage company.

In AIM, UK-registered China operating copper and gold miner Central China Goldfields (AIM: GGG) said it had identified thirteen gold vein prospects on the Cikoleang project area.

Australian gold and copper prospector Solomon Gold (AIM: SOLG) has issued 96,197 ordinary shares and granted 1.3 million share options to its COO (Chief Operating Officer), representing 0.67% of its current share capital.

Supplier of virtual queuing systems Lo-Q (AIM: LOQ) has signed an agreement to install its virtual queuing system in another park within the Six Flags group of theme parks.

Westminster Group (AIM: WSG) said its recently acquired specialist integrated provider of 'high end' security solutions CTAC has secured two contracts with a combined value of £1.02 million.



Disclosure: The author holds no positions in the company