City Diary
THE following business news is expected tomorrow:
• Traders return to their desks tomorrow after the Bank Holiday break. Providing results for them to mull over will be mining giant Antofagasta, which is scheduled to issue its half-year update. The company, which is based mainly in Chile but is listed on the London stock market, is expected to have benefited from strong copper prices, which should offset a shortfall in production. Brokers have forecast profits in the region of 560 million, up some 44 per cent from just 390m last time for the company, which is poised to take over Australia's Equatorial Mining group.
• Elsewhere, there should be interim results from distribution firm Bunzl. Acquisitions are expected to provide the key to further growth. Brokers have forecast a profit of about 98m for the first half to June compared with 87.8m last year.
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Weather for Edinburgh
Wednesday 15 February 2012
Today
Sunny spells
Temperature: 5 C to 12 C
Wind Speed: 20 mph
Wind direction: West
Tomorrow
Light rain
Temperature: 5 C to 11 C
Wind Speed: 21 mph
Wind direction: South west
