London Stocks Seen Little Changed; Bestway Buys Stake in Sainsbury's
27 Gennaio 2023 - 09:20AM
Dow Jones News
London Stocks Seen Opening Marginally Higher
0747 GMT - The FTSE 100 index is expected to open around 4
points higher, according to IG, helped by gains in Asian stocks and
in U.S. stocks the previous day following better-than-expected U.S.
GDP data. However, traders are likely to remain cautious ahead of
U.S. PCE inflation data later and ahead of decisions next week by
the Bank of England, European Central Bank and the Federal Reserve.
"Today sees a quieter session all round, with only the U.S. PCE
price index and pending home sales, plus earnings from American
Express and Chevron, on the calendar," IG analysts say in a note.
Direct Line CEO Penny James Steps Down
Direct Line Insurance Group PLC said Friday that Chief Executive
Penny James is stepping down from the role with immediate
Bestway Group Buys Around $240 Mln of Shares in J Sainsbury
Bestway Group Ltd. said Friday that it has bought or agreed to
buy shares worth 3.45% of J Sainsbury PLC's issued share capital,
or around 193.4 million pounds ($240.0 million).
Superdry Cuts FY 2023 Profit Guidance After Swing to 1H Pretax
Superdry PLC said Friday that it swung to a pretax loss in the
first half of fiscal 2023 though revenue rose, and lowered its
full-year profit outlook.
On the Beach FY 2023 Year-to-Date Holiday Sales Up 68% Vs Year
On the Beach Group PLC said Friday that the total value of
holidays sold for the fiscal year to date is 68% higher than the
same period last year, with October to December bookings beating
their year earlier comparatives.
Avon Protection 1Q Revenue Rose, Says Order Pipeline is
Avon Protection PLC said Friday that its first-quarter revenue
rose and that it has a strong pipeline for its leading respiratory
Paragon Banking 1Q New Lending Rose; Raises FY 2023 Interest
Paragon Banking Group PLC on Friday said first-quarter new
lending increased 22% on year and raised its net interest margin
growth guidance for fiscal 2023.
Faron Pharmaceuticals Raises EUR12 Mln via Share Placing
Faron Pharmaceuticals Oyj said Friday that it has raised 12
million euros ($13.1 million) via the share placing announced late
Treatt 1Q Sales Rose; Confident for Year Ahead
Treatt PLC said Friday that it has made a good start to fiscal
2023 with first-quarter sales rising in line with management
expectations, and is confident for the year ahead.
Stelrad Group to Report Record 2022 Adjusted Operating
Stelrad Group PLC said Friday that it expects to report a record
adjusted operating profit for 2022 on revenue that was boosted by
the acquisition of DL Radiators from August.
Contact: London NewsPlus; email@example.com
(END) Dow Jones Newswires
January 27, 2023 03:05 ET (08:05 GMT)
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