YP75: Investors take profits as China monetary policy hits headlines

The FTSE 100 fell 78 points to end the week at 5797 following a bout of profit-taking given recent gains. The main issues of the week were the rejuvenated fears over eurozone sovereign debt and the prospect of further monetary tightening in China.

Doncaster-based Weather Lottery, the lottery management and online gaming specialist stated last Monday that it had signed a contract to supply its managed services to West Ham United Football Club. Along with this, the company's political lottery division has secured a contract to manage the new lottery being offered to all the Liberal Democrats Western Region Constituency Associations.

No financial details were disclosed and the company will continue to target other major media, sporting, political and charity organisations.

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Drax, the power firm from Selby, released an interim management statement on Tuesday, saying that trading was in line with expectations for the year.

Good operational performance has allowed the company to take advantage of powers station's reliability and flexibility to maintain a high load factor. There have been no material events or transactions or any material change in the underlying financial position of the company during the period.

Marshalls, a provider of garden, driveway and landscape improvements, reported like for like sales 5 per cent ahead of the prior year and said current trading is in line with expectations.

The company remains well placed to respond to changing market conditions and to benefit when demand improves. The company gave a positive outlook for the remainder of the year, with good order books and order flow.

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Engineer Fenner Plc released final results and a major board reshuffle on Wednesday as it posted a sharp rise in fiscal 2010 pre-tax profit.

Chief executive Mark Abrahams will take over as chairman with Nick Hobson, a senior executive from the Advanced Engineered Products Division, replacing him as chief executive. Revenue for the year up to August 31 increased 11 per cent, to 552.5, while pre-tax profit grew sharply to 37.2m, from 5.6m, due to exceptional losses in the previous year.

Doncaster-based UK Coal appointed Jonson Cox as executive chairman of the group, replacing David Jones who will step down. Jonson Cox was group chief executive of Anglian Water Group from January 2004 until March 31 and is currently non-executive director of Wincanton Plc.

Fuse 8, the full service digital marketing agency said on Thursday it had acquired Delete Digital Marketing Limited also known as Delete. The acquisition will be satisfied entirely by the issue of new ordinary shares.

Adrian Wasson, Assistant Investment Manager, Brewin Dolphin.