London Shares to Fall After Late Wall Street Selloff, Weak Retail Sales
FTSE 100 to Fall After Late Wall Street Selloff, Weak UK Retail
The FTSE 100 is seen opening lower after U.S. stocks fell in the
final hour of Thursday trade, giving up gains earlier in the
session. Spreadbetting firm IG expects the London index to open
down 65 points. "The inability of U.S. markets to hold onto
yesterday's move higher is a worry and could well indicate the
potential for further losses in the coming days," CMC Markets
analyst Michael Hewson says. The late U.S. selloff looks set to
prompt European markets to open sharply lower on Friday after Asia
markets followed suit, he says. Meanwhile, investors are digesting
data that showed U.K. retail sales dropped 0.9% on year in
December, versus the 3.4% increase expected in a WSJ survey of
Restaurant Group Sees 2021 Ebitda at Top End of Guidance
Restaurant Group PLC said Friday that it expects 2021 earnings
to be at the top end of its guidance range.
Everyman Media Sees Doubled 2021 Revenue, Ebitda Ahead of Market
Everyman Media Group PLC said Friday that revenue doubled on
year in 2021, driven by strong admissions since re-opening post
Covid-19 restrictions, and that Ebitda is expected ahead of current
OnTheMarket Sees 2H Earnings Ahead of Expectations
OnTheMarket PLC said Friday that its adjusted operating profit
for the second half of fiscal 2022 is expected to be ahead of
ADM Energy Raises GBP561,000 Via Share Issue
ADM Energy PLC said Friday it has raised 561,000 pounds
($762,960) through a share issue to United Arab Emirates-based
investment firm Optima Resources Holding Ltd.
Character Group Sees FY 2022 Underlying Pretax Profit in Line
Character Group PLC said on Friday that it expects fiscal 2022
underlying pretax profit to be in line with market expectations,
and that it maintained a steady performance in the lead up to and
through the Christmas period.
Funds Advised by Apax Partners Sell 7% Stake in Baltic
Classifieds for GBP78 Mln
Funds advised by Apax Partners LLP have sold a 7% stake in
Baltic Classifieds Group PLC for around 78 million pounds ($106.1
M&C Saatchi Says UK Regulator Ends Probe; Sees 2021 Headline
Pretax Profit Ahead of Views
M&C Saatchi PLC said Friday that the U.K. finance regulator
is closing an investigation of the company without taking
enforcement action, and that its 2021 headline pretax profit is now
expected to be materially ahead of previous expectations.
Eurocell Sees 2021 Profit Slightly Ahead of Market Views
Eurocell PLC said Friday that it expects to report 2021 pretax
profit slightly ahead of market expectations.
Photo-Me International CEO Launches GBP283.5 Mln Mandatory Offer
After Share Purchase
Photo-Me International PLC's Chief Executive Serge Crasnianski
is launching a mandatory 283.5 million pound ($385.6 million)
takeover for the London-listed photobooth, printing and
laundry-equipment company after buying shares that boost his
shareholding to 36.5% of the company's issued share capital.
Close Brothers Loan Book Rose, Boosted by New-Business
Close Brothers Group PLC said Friday that it has delivered a
positive performance in its current fiscal year, benefiting from
momentum in its businesses and a increased demand.
Nuclear Energy Investments Tipped to Rise Over Next Two
Global nuclear-energy investments are tipped to rise over the
next two years, Rystad Energy says, forecasting $45 billion of
investments in 2022 and $46 billion in 2023. This compares with $44
billion spent in 2021, the energy consulting firm says. Global
installed nuclear power capacity totaled 400 gigawatts in 2021,
accounting for 10% of global electricity generation, Rystad notes.
"Nuclear generation is the second-largest source of low-carbon
electricity after hydropower and has been in use since the 1950s.
With the imperative to cut emissions stepping up worldwide, nuclear
power generation is set to play an important role in the push to
limit global warming," it says.
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(END) Dow Jones Newswires
January 21, 2022 03:10 ET (08:10 GMT)
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