The flurry of corporate news this morning is sending the FTSE100 bouncing all over the place. Having opened lower, the index of leading blue-chip shares is now maintaining its midmorning gains, trading relatively steadily at 5426.1, up 0.1%.
Oil and mining companies are faring well and masking a number of casualties which such as William Hill.
The bookmaker reported first-half earnings today which were in line with its expectations but said it had lost out to more winning punters in the last few weeks, sending its shares lower.
Profit fell 10% to £145.1m reflecting a disappointing performance from the group's telephone division.
Online gaming and gaming machines however held up well. Chairman, Charles Scott said there had been little evidence of business being hit from the economic downturn but added it was "difficult to predict how these income streams will fare in a continuing adverse economy".
Shares in the firm were down 3.22% at 315.25p.
