FTSE 100 Seen Edging Higher Ahead of BOE Decision
FTSE 100 Seen Rising Ahead of BOE Decision
0636 GMT - The FTSE 100 is seen opening higher as investors look
ahead to the Bank of England's policy decision later. Spreadbetting
firm IG expects the index to start trading up 12 points. "In light
of recent events and the slight shift in the Federal Reserve's
stance on the timeline of a possible rate rise, today's Bank of
England meeting could have the potential to mark a similar shift in
timing with respect to the withdrawal of its own monetary policy
emergency measures," CMC Markets analyst Michael Hewson says. The
Fed last week brought forward expectations for its first
post-pandemic interest rate rise to 2023, while U.K. economic data
has improved. The BOE's decision is scheduled to be released at
1100 GMT. (firstname.lastname@example.org)
Sage Commits to Net-Zero Emissions by 2040
Sage Group PLC on Thursday pledged to achieve net-zero emissions
by 2040 and to halve its carbon emissions by 2030 as part of its
new sustainability and society strategy.
Rathbone Brothers Raises GBP50 Mln in Discounted Share
Rathbone Brothers PLC said Thursday that it has raised 50
million pounds ($69.8 million) in a share placing aimed at funding
the acquisition of Saunderson House Ltd.
Bunzl Expects 1% Rise in 1H Revenue
Bunzl PLC said Thursday that it expects to report a 1% rise in
revenue for the first half of 2021 at actual exchange rates and a
6% to 7% gain at constant exchange rates, and backed its revenue
guidance for the year.
John Wood Group Anticipates 12% Adjusted Earnings Drop for
John Wood Group PLC on Thursday forecast that it will report a
21% revenue drop and a 12% decline in underlying earnings for the
first half of 2021.
Next 15 Says Current Trading Is Ahead of Management
Next Fifteen Communications Group PLC said Thursday that trading
in the first four months of the fiscal year has continued ahead of
Lone Star Doesn't Plan Offer for Senior
U.S. private-equity investor Lone Star Global Acquisitions Ltd.
said Thursday that it doesn't plan to make an offer for U.K.
engineering company Senior PLC.
Big Yellow Raises GBP100 Mln as Expected via Share Placing
Big Yellow Group PLC said Thursday that it has raised gross
proceeds of around 100 million pounds ($139.6 million) as expected
via a discounted share placing to expand its portfolio of
XPS Pensions FY 2021 Profit, Revenue Rose
XPS Pensions Group PLC reported Thursday a rise in pretax profit
for fiscal 2021 and said that its outlook is positive.
STM Group Says Performance Remains in Line With Expectations
STM Group PLC said Thursday that it continues to perform in line
with management expectations.
Rio Tinto, Alcoa Carbon-Free Aluminum Venture May Be Worth
2320 GMT -- -- The carbon-free aluminum smelting technology
being developed by Rio Tinto and Alcoa could be worth billions to
the companies as the race to "green" aluminum picks up pace,
Goldman Sachs says. Several aluminum producers -- including those
two, Norsk Hydro and Rusal -- have already reported getting small
green premia on some of their aluminum sales, in the order of
$5-$20/ton. "The realization of a green premia would make the
technology," which Rio Tinto and Alcoa hope to commercialize by
2024, "strongly NPV positive," says GS. (email@example.com;
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(END) Dow Jones Newswires
June 24, 2021 02:54 ET (06:54 GMT)
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