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Morning news wrap: Compass Group, Aggreko, W H Smith

In the FTSE 100, catered Compass Group (LSE: CPG) has acquired Southeast Service Corporation for US$65 million in cash.

Temporary power provider Aggreko (LSE: AGK) expects its revenues in constant currency and excluding pass-through fuel to grow about 10%, while trading profit is set to increase by 20%.

In the FTSE 250, retailer W H Smith (LSE: SMWH) said that sales in the first 14 weeks of the second half of the financial year were down 3% with like-for-like sales down 4% compared to the same period last year.

In AIM, Western Europe operating oil and gas company Northern Petroleum (AIM: NOP) said revenues during full year 2009 slid from €6.95 million to €5.1 million, while the company posted losses of €2.1 million compared to a profit of nearly €1 million in the previous year.

Uzbekistan focused gold miner Oxus Gold (AIM: OXS) said revenues in 2009 declined from US$43 million to US$13.3 million.

Copper and gold miner EMED Mining (AIM: EMED) said its subsidiary EMED Tartessus S.L. has settled the terms with Tesorería General de la Seguridad Social of Spain for extinguishing its liens against its principal landholdings which underlie the entire mine, minerals title area and plant site of Proyecto Rio Tinto.

http://www.proactiveinvestors.co.uk/companies/news/17362/morning-news-wrap-compass-group-aggreko-w-h-smith-17362.html