FTSE 100 Dips As Oil Inventories Decline; Experience gains
FTSE 100 Dips As Oil Inventories Decline; Experience gains
0807 GMT – The FTSE 100 index is down 0.1%, or four points to 7087, as losses in oil stocks offset gains in Experian and financial stocks. Experian is up 5% after the credit checking firm reported higher first-quarter revenue, while insurers Prudential and Admiral are also advancing. Still, BP and Royal Dutch Shell are among the biggest losers as Brent crude drops 1.6% to $ 73.56 a barrel. “Reports of an agreement between Saudi Arabia and the United Arab Emirates put crude back in the spotlight today, with markets eagerly awaiting details of who granted concessions to find a deal,” he said. declared IG. ([email protected])
Kingfisher Raises 1H Forecast for LfL Sales, Adjusted Pre-Tax Profit
Kingfisher PLC on Wednesday raised like-for-like sales and adjusted earnings guidance for the first half of fiscal 2022, following continued strong demand in the second quarter to date.
Severn Trent says he’s off to a good start for fiscal 2022; Perspectives unchanged
Severn Trent PLC said Thursday it has started fiscal 2022 well and its outlook for the year remains unchanged.
Hammerson collects most of 2021 rent to date, encouraging attendance
Hammerson PLC said Thursday it has received about 62% of its 2021 rent to date, and attendance trends are encouraging.
Four-month ASOS revenue increased significantly, boosted by UK retail sales
ASOS PLC said on Thursday that revenue for the first four months of fiscal 2022 has increased significantly and that it expects to post full-year adjusted pre-tax profit in line with the views of The direction.
Galliford Try expects pre-tax profit for fiscal 2021 at the top of the market
Galliford Try Holdings PLC said on Thursday it expects to report pre-tax profit for fiscal 2021 at the upper levels of the market consensus ranges and its outlook is positive.
Darktrace raises forecast for fiscal 2022 after strong 2H 2021
Darktrace PLC raised its expectations for fiscal 2022 on Thursday after a strong second half of fiscal 2021.
Fourth Quarter Brooks Macdonald Funds Under Management Hit Record
Brooks Macdonald Group PLC said Thursday it plans to release annual results in line with market expectations and its own guidance after closing the year with a record performance for funds under management.
STV Group PLC 1H Advertising Growth Has Surpassed Market Views
STV Group PLC said on Thursday that it has got off to a good start in 2021, with high levels of TV and digital audiences leading to ad revenue growth exceeding market expectations.
Bango 1H Profits, revenues increased
Bango PLC said on Thursday that profits and revenue increased in the first half of the year as the number of payments and users increased.
Immedia ends negotiations to buy Sprift Technologies; Mulls Sale of the main unit
Immedia Group PLC announced Thursday that it has ended negotiations for the acquisition of Sprift Technologies Ltd. with immediate effect, without giving further information.
Costain Group announces first half cash flow ahead of expectations
Costain Group PLC said Thursday its net cash was ahead of the company’s expectations at the end of the first half of the year while its order backlog was slightly below the level a year earlier.
Hays fourth quarter net commission increase of 39%
Hays PLC said on Thursday that net fees rose 39% in the fourth quarter of fiscal 2021, and that although it entered fiscal 2022 with positive business momentum, a strong pound will likely act as a hindrance to the market. Operating profit.
Nuformix operating loss for fiscal 2021 widened to development costs
UK pharmaceutical development company Nuformix plc said on Thursday its loss widened in fiscal 2021 due to costs related to developing pipeline assets.
BBGI Global Infrastructure increases share placement to £ 75million
BBGI Global Infrastructure SA said on Thursday it was raising £ 75million ($ 104million) through a stock offering first announced last week, more than originally expected due to investor demand.
Johnson Service June Workwear Volumes 98% of Normal Levels
Johnson Service Group PLC said Thursday that June workwear volumes were at 98% of normal levels and that it had seen an increase in sales opportunities in the six months leading up to June 30, with companies returning to low levels. more normal trading patterns.
Glanbia raises its forecast for the year after revenue growth in the first half of the year
Glanbia PLC said on Thursday that revenue increased significantly in the first half of fiscal 2022, causing the company to raise expectations for the full year.
Gresham House 1H Assets Under Management Pink Online With Views
Gresham House PLC said on Thursday that assets under management increased in the first half of the year, delivering performance in line with market expectations.
Experian’s total sales in the first quarter increased; Plans to reserve for fiscal year 2022 New growth
Experian PLC said Thursday that fiscal 2022 first quarter revenue increased significantly at constant exchange rates with all regions and segments showing growth for the period, and said it s ‘expects total turnover to grow in the order of 13% to 15%.
WH Ireland changed to pre-tax profit for fiscal 2021
WH Ireland Group PLC said on Thursday it had moved to pre-tax profit for fiscal 2021, its first profit in the past five years.
Water Intelligence to raise $ 10.2 million, more than expected
Water Intelligence PLC said Thursday it is now raising $ 10.2 million through its fundraiser first announced on Wednesday, more than expected due to demand.
Capital Ltd. Sales for the first half of the year have risen sharply and raises their forecasts for the entire year
Capital Ltd. said on Thursday that its first-half revenue was at an all-time high, up 52% year-on-year, and that it had raised its revenue forecast for 2021.
Alumasc Group Pre-Tax Profit for Fiscal 2021 Expected to Above Views as Revenue Grows
Alumasc Group PLC said on Thursday that pre-tax profit for fiscal 2021 will exceed expectations as revenue increased during the period.
Air Partner sees 57% year-over-year increase in JetCard bookings for private jet business
Air Partner PLC said on Thursday that its private jet business saw a 57% year-over-year increase in JetCard bookings during the period February 1 to June 30, and that JetCard members and customer deposits were on the rise. around the world as travel restrictions resulting from the pandemic have eased. .
Jarvis Securities 1H Profit, Pink Income
Jarvis Securities PLC on Thursday reported higher pre-tax profit and revenue for the first half of the year amid favorable business conditions and growing activity.
Nanoco raises £ 3.2million in loan bond subscription
Nanoco Group PLC shares rose on Thursday after it said it raised 3.2 million pounds ($ 4.4 million) through an underwriting of non-dilutive debt, extending its cash trail.
Kingfisher 1H forecast implies 8% increase for consensus on full year earnings
0804 GMT – Jefferies expects Kingfisher to benefit from an 8% improvement in consensus pre-tax profit for the full year after the home improvement retailer released new pre-tax profit guidance for the first semester. The market currently expects Kingfisher to report second half profit before tax of £ 264million, with Jefferies anticipating a profit of £ 250million for the period. “The fundamental reasons for holding the shares remain the major reconstruction of French margins,” Jefferies said. Shares are up 1.6% to 368.20 pence. ([email protected]; @sabelaojeaguix)
Experian faces the risk of US campaign for economic equality
0808 GMT – Experian shares are up 5% after the credit-checking firm reported higher earnings in the first quarter. Despite excellent environmental, social and governance reports, RBC Capital Markets says it believes Experian is at long-term risk of significant financial disruption as a result of US proposals to tackle economic inequality through policy changes. credit scoring and data regulation. “We believe this significant risk is at odds with the very positive consensus on action and believe that the proposed policies could affect the revenues of the US Bureau of Consumer Information and Consumer Services divisions,” said Karl Green , RBC analyst. ([email protected])
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(END) Dow Jones Newswires
July 15, 2021 04:27 ET (08:27 GMT)
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