The FTSE 100 ended Thursday up 0.55% as easing fears around the Omicron coronavirus variant helped push markets into better form. "It might not be like some of the Santa rallies of years past, but at least markets have managed to claw their way higher this week, and as the final full day of London trading before Christmas marches to its close, stocks look to be in stronger form," IG Group PLC chief market analyst Chris Beauchamp says. Given the light news, it is hard to pin the move on anything firm, but between positive news on Omicron and a rebound in durable-goods orders the economic recovery seems to be on track, Beauchamp says.
Ryanair Widens FY 2022 Net Loss Guidance, Cuts December Traffic Forecasts
Ryanair Holdings PLC said Wednesday that it has widened its expected net loss for fiscal 2022 and cut its December passenger forecasts, due to the Omicron coronavirus variant and government restrictions weakening bookings.
Flutter Entertainment to Buy Sisal for GBP1.62 Bln
Flutter Entertainment PLC said Thursday that it has acquired the Italian online gaming operator Sisal from CVC Capital Partners Fund VI for 1.62 billion pounds ($2.16 billion).
Balfour Beatty's US Subsidiary to Pay $65.4 Mln in Resolution With Justice Department
Balfour Beatty PLC said Thursday that its subsidiary Balfour Beatty Communities has reached a resolution with the U.S. Department of Justice on charges of improperly claiming performance incentive fees between 2013 and 2019.
Yourgene Health Awarded Covid-19 Contract by U.K. Government
Yourgene Health PLC said Thursday that Yourgene Genomic Services has been awarded a contract for the provision of laboratory capacity to support Covid-19 testing in the U.K.
Uniphar Acquires E4H, Devonshire Healthcare Services and Navi Group
Uniphar PLC said Thursday that it has acquired E4H, Devonshire Healthcare Services and Navi Group without disclosing further financial details about the deals.
Jadestone Energy CFO Dan Young to Step Down
Jadestone Energy PLC said Thursday that Chief Financial Officer Dan Young has decided to leave the company.
Fletcher King Swung to Pretax Profit in 1H
Fletcher King PLC said Thursday that it swung to a pretax profit in the first half of fiscal 2022 as the market returned to a more stable condition, but said that the Omicron variant brings another period of uncertainty.
ADM Energy Urges Shareholders to Support CEO, COO, Chairman at AGM
ADM Energy PLC said Thursday its board is unanimously recommending that its shareholders vote against the resolutions to remove from the board its chief executive, chief operating officer and nonexecutive chairman at its coming general meeting.
Amedeo Air Four Plus 1H Pretax Loss Narrowed
Amedeo Air Four Plus Ltd. said Thursday that its pretax loss narrowed for the first half of fiscal 2022 after booking lower costs, and reiterated that it will start regular quarterly dividends in January.
Duke Royalty Says 3Q Cash Revenue Is GBP3.9 Mln; Expects Growing Revenue in 4Q
Duke Royalty Ltd. said Thursday that its cash revenue for the third quarter of fiscal 2022, ending Dec. 31, will total 3.9 million pounds ($5.2 million), and that it expects a further increase in quarterly cash revenue in the fourth quarter.
CT Automotive Group To Start Trading on London's AIM
CT Automotive Group PLC said Thursday that its shares have been admitted to trade on the AIM market of the London Stock Exchange.
NewRiver REIT Sells Poole Retail Park for GBP58 Mln
NewRiver REIT PLC said Thursday that it has disposed of the Poole Retail Park in Dorset, England, for 58.0 million pounds ($77.4 million).
Carbon Air Group Stock Market Debut on London's AIM Delayed to January
Carbon Air Group PLC said Thursday that it now expects to float on the AIM in late January, with further details to be confirmed.
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