FTSE 100 remains unchanged after mixed Asia and weak US trade
FTSE 100 set to open unchanged after mixed trading in Asia
0641 GMT – The FTSE 100 index is expected to open unchanged at 7616, according to CMC Markets, after mixed trading in Asia and a lower close on Monday on Wall Street. Stocks in mainland China and Hong Kong fall, although the Japanese Nikkei gains. The Dow fell 0.1%. “Asian markets got off to a slow start to the week after the latest economic data out of China showed retail sales fell 3.5% in March, slightly more than expected and a sharp decline from the rise. down 6.7% from February,” said Michael Hewson of CMC Markets. in a note. “With the return of European markets after the long Easter weekend break, we look set to get off to a negative start after Monday’s decline for US markets.” ([email protected])
Ideagen says it hasn’t received a takeover approach from Cinven
Ideagen PLC said on Tuesday it had not received any takeover bids from private equity firm Cinven Group Ltd.
Pearson Reiterates 2022 Guidance; Arizona State University contract to end in 2023
Pearson PLC said Tuesday that its online program management partnership with Arizona State University will end in June 2023 and that it reiterates its financial guidance for 2022.
Stanley Gibbons sees FY 2022 revenue rise to £12m
Stanley Gibbons Group PLC said on Tuesday that revenue for the year ending March 31 is expected to be around 12 million pounds ($15.6 million).
JTC 2021 Pre-Tax Profit Soared; Said 2022 is off to a good start
JTC PLC reported more than doubled pre-tax profit for 2021 on Tuesday and said it enjoyed a positive start to the year.
Spectris sells Omega Engineering for $525 million; Plans $390 million share buyback
Spectris PLC announced on Tuesday that it had sold Omega Engineering to Arcline Investment Management for $525 million and would undertake a 300 million pound ($390.3 million) share buyback program.
Inland Homes Plans £1m share buyback program
Inland Homes PLC said on Tuesday it planned to buy back up to 1 million pounds ($1.3 million) of its shares, reflecting the company’s “cash-generating ability” and maintaining a strong balance sheet.
D4t4 Solutions sees FY2022 revenue in line, adjusted pre-tax profit at high end of views
D4t4 Solutions PLC said on Tuesday it expects to report fiscal 2022 revenue in line with market expectations and adjusted pre-tax profit at the upper end of market expectations after a strong second-half performance.
Cake Box 2H Strong Performance; The revision of the 2022 financial year is expected to increase significantly
Cake Box Holdings PLC said on Tuesday that its performance in the second half of fiscal 2022 remained strong across its store base and online delivery channels, and expects further growth. significant revenue for the year.
WH Smith says his funky pigeon was the victim of a cyberattack
WH Smith PLC said on Tuesday that its online greeting card and gift retailer Funky Pigeon suffered a cyberattack on Thursday, affecting part of its systems.
Rio Tinto Iron-Ore operations still not running smoothly, RBC says
04:35 GMT – Western Australia port data suggests Rio Tinto continues to struggle operationally in its iron ore division, analysts at RBC Capital Markets say in a note. “Rio Tinto continues to experience the capacity impacts of changes to its mining plans after Juukan Gorge and port data suggests the impacts of Covid-19 on Western Australia compounded the problem in the first quarter,” it says. they. They predict Rio Tinto shipped 73.1 million tonnes of iron ore in the first quarter, well below the consensus of 76.6 million tonnes. A figure in line with RBC’s expectations implies an annualized production rate of just 292 million tonnes, compared to forecasts of 320-335 million. “To Rio’s discharge, Q1 has, on average, traditionally operated at a rate 10% lower than H2, but this start will not help,” analysts said. ([email protected]; @RhiannonHoyle)
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(END) Dow Jones Newswire
April 19, 2022 03:05 ET (07:05 GMT)
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