FTSE Nudges Higher After BOE Decision, US Infrastructure Deal
FTSE 100 Rises After BOE Decision, US Infrastructure Deal
0738 GMT - The FTSE 100 gains 0.1% to 7119 points as traders
continue to digest the Bank of England's latest policy decision and
react to the Biden administration's infrastructure deal. The BOE
left its easy policies in place on Thursday and said it expects
inflation to rise further above its 2% target but this will be
temporary. Sterling falls after the decision, sending multinational
shares higher. Meanwhile, President Joe Biden secured an
infrastructure deal with a bipartisan group of senators on Thursday
worth about $1 trillion. "News of the infrastructure plan also
spilled over to the oil price in anticipation of further energy
demand," Interactive Investor analyst Richard Hunter says. Energy
shares BP and Royal Dutch Shell rise. (firstname.lastname@example.org)
Amigo Extends Securitization Facility Waiver Period
Amigo Holdings PLC said Friday that it has agreed to extend the
waiver period of its securitization facility to Sept. 24.
Marshall Motor Sees 2021 Earnings Significantly Above Views
Marshall Motor Holdings PLC on Friday forecast that its 2021
underlying pretax profit will be significantly above current market
expectations, and said that it will consider resuming the dividend
when it releases interim results in August.
Xpediator Raises 2021 Guidance
Xpediator PLC on Friday raised its 2021 profit guidance after a
strong first half.
CMOStores.com to Seek London IPO in Early July
CMOStores.com Ltd. said Friday that it intends to float on
London's AIM in early July, for an undisclosed amount.
CD&R Considering Improved Offer of GBP2.76 Bln for UDG
UDG Healthcare PLC said on Friday that Clayton, Dubilier &
Rice, LLC affiliate Nenelite Ltd. is considering an improved and
final offer of around 2.76 billion pounds ($3.84 billion) after
previously agreeing to a GBP2.61 billion takeover in May.
Zenith Energy Extends Deadline for Tunisian Assets
Zenith Energy Ltd. said that the longstop date for its
acquisition of a participation in two hydrocarbon concessions in
Tunisia has been extended to Oct. 31.
Inspiration Healthcare Says It Has Had a Good Start to FY
Inspiration Healthcare Group PLC said Friday that it has a had a
good start to fiscal 2022 as interest in its products remained high
and the company had a strong order book.
CMA Weighs Probe of TravelSupermarket-Icelolly Merger
The U.K. Competition and Markets Authority said Friday that it
is considering whether the merger between TravelSupermarket and
Icelolly Marketing Ltd. will result in competition issues.
Arc Minerals Granted Extension to Results Filing Deadline Due to
Arc Minerals Ltd. said Friday that it has been granted an
extension to its filing deadline for the nine-month period ended
Dec. 31, 2020, to Sept. 30 from a previous date of June 30.
Prospex 2020 Loss Widened on Asset Revaluations
Prospex Energy PLC on Friday reported a widened loss for 2020,
driven by negative revaluations of financial assets.
Scirocco Energy Extends Investment Facility Until End of
Scirocco Energy PLC said Friday that it has extended its
investment facility with Prolific Basins LLC until the end of
Ukrproduct 2020 Pretax Loss Narrowed
Ukrproduct Group Ltd. said Friday that its 2020 pretax loss
narrowed as revenue rose, and that it plans to pursue stronger
margins and further increase sales of processed cheese and
Altitude Group CFO to Leave in December
Altitude Group PLC said on Friday that Chief Financial Officer
Graeme Couturier has resigned from his role, effective Dec. 10, and
that it has launched a formal search for his replacement in both
the U.K. and the U.S.
Contact: London NewsPlus, Dow Jones Newswires;
(END) Dow Jones Newswires
June 25, 2021 03:58 ET (07:58 GMT)
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