London Shares to Open Slightly Higher
London Stocks Seen Opening Slightly Higher
The FTSE 100 index is expected to open around 9 points higher,
according to IG, having closed Friday at 7134.06, with equity
investors remaining in a positive mood after the S&P 500 and
Europe's Stoxx 600 posted new record closing highs Friday. Equities
have been helped by the European Central Bank's decision last week
to continue purchasing bonds under its pandemic emergency buying
program at a significantly higher pace. Investors are likely to be
cautious ahead of a U.S. Federal Reserve decision Wednesday,
however, while the U.K. will see a raft of data releases this week,
including inflation, unemployment and retail sales figures.
Alphawave IP's Year-to-Date Bookings at $190 Mln
Alphawave IP Group PLC said Monday that it achieved $190 million
of bookings since 2021 began, with $15 million of estimated
Tavistock Investments Enters Partnership With Titan Wealth,
Sells Subsidiary for GBP40M
Tavistock Investments PLC said Monday it has entered into a
10-year partnership with Titan Wealth Holdings Ltd., which, as part
of the deal, agreed to buy Tavistock's subsidiary Tavistock Wealth
Ltd. for 40.0 million pounds ($56.4 million).
Serco, Engie JV Wins GBP900 Mln UK Defense Contracts; Serco
Serco Group PLC said Monday that its joint venture with France's
Engie S.A. has won defense infrastructure contracts with the U.K.
government with a base value of 900 million pounds ($1.27 billion),
and raised its 2021 guidance.
SThree 2Q Net Fees Rose Above Pre-Covid-19 Levels, Appoints New
SThree PLC on Monday reported that its net fees jumped 22% in
the second quarter and appointed Andrew Beach as chief financial
Ted Baker FY 2021 Loss Widened on Pandemic Hit, 1Q Revenue Still
Ted Baker PLC reported Monday a widened pretax loss for fiscal
2021 on lower revenue and said the coronavirus pandemic has
continued to hurt sales into fiscal 2022.
Nmcn Says Talks for Refinancing Are Well Advanced, Expects Loss
U.K. engineering and construction company nmcn PLC said Monday
that it is in advanced bilateral discussions for refinancing, which
it hopes to conclude within the next week, and that it expects to
report a loss for 2021.
Distil FY 2021 Profit, Revenue Rose
Distil PLC on Monday reported a rise in pretax profit for fiscal
2021 on higher revenue.
AfriTin Mining 1Q Production Fell But Beat Target
AfriTin Mining Ltd. said Monday that production from its Uis tin
mine in Namibia fell in the first quarter of the fiscal year but
Saga Says Cash Burn in Travel Business for Feb-May at Lower End
Saga PLC said Monday that cash burn at its travel business for
the four months ended May 31 was at the lower end of its previous
guidance of seven million to nine million pounds ($9.9
million-$12.7 million) a month, and that subject to government
restrictions the business is due to restart June 27.
SourceBio Expects 2021 Revenue, Earnings Growth on Covid Travel
SourceBio International PLC said Monday that it has traded well
in 2021 to date, with revenue, earnings and cash generation
significantly ahead of the same period a year prior.
Synectics Expects Narrowed 1H Operating Loss
Synectics PLC said Monday that it expects a reduced operating
loss for the first half of fiscal 2021 on the back of lower
Esken Says Stobart Air to Cease Trading, Appoint Liquidator
Esken Ltd. said Monday that Stobart Air will cease trading, has
terminated its franchise agreement with Aer Lingus --a member of
International Consolidated Airlines Group S.A.-- and is taking
steps to appoint a liquidator
Tanfield 2020 Loss Widened on Higher Costs
Tanfield Group PLC reported Monday a widened pretax loss for
2020 on higher costs.
Contact: London NewsPlus, Dow Jones Newswires;
(END) Dow Jones Newswires
June 14, 2021 03:05 ET (07:05 GMT)
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