The Dow Jones climbed 111 points on Friday, rising to 15,237.
A subdued day for corporate numbers. We commence with an update from packaging company Essentra for the last quarter. Company's overall performance was in line with Board expectations with revenue ahead +23% versus Q3 2012 at constant FX and +24% at actual rates, claims the company.
Like-for-like growth was +9%. Its Component & Protection Solutions benefited from an improved result in Components Europe and a stronger comparative performance for the Pipe Protection Technologies business it additionally claims.
Chief exec Colin Day claims more profitable growth for the year and "at least mid single-digit like-for-like revenue growth and double-digit adjusted EPS growth at constant exchange."
Next, an interim management statement from recruiter Michael Page. Gross profits comes in at £127.0m in its traditionally weaker third quarter, up 0.4% year-on-year in reported currency but -0.2% down in constant currency terms.
"The third quarter," says Page, "saw a return to growth in Brazil, while Australia, France and Germany experienced another challenging quarter. The UK recorded year-on-year growth of +5%, the best quarterly year-on-year rise since Q2 2011."
Lastly, construction support services player Carillion says Manchester Airports Group (MAG) has confirmed a consortium comprising Carillion, Beijing Construction Engineering Group (BCEG) and the Greater Manchester Pension Fund (GMPF) to deliver the Airport City development at Manchester Airport.
Consortium work starts immediately and the project is scheduled for completion over the next 15 years. "Carillion expects," it said in a statement, "to invest up to £12 million of equity in the development, as well as delivering up to £580 million of construction work."
However Carillion warned last week it may cut jobs following disappointment with the Goverment's Green Deal which saw just 12 homeowners taking up the financial package. Carillion says it will now re-organise its energy services divison, but at some cost.