FTSE 100 Seen Opening Higher as Traders Eye Russia-Ukraine Talks
0643 GMT - The FTSE 100 is expected to open higher as investors look ahead to another round of peace talks between Russia and Ukraine in Turkey aimed at ending the conflict. Spreadbetting firm IG sees London's blue-chip index rising 30 points. The Russia-Ukraine talks are expected to get underway Tuesday and Ukraine President Volodymyr Zelensky has said his country could declare neutrality to secure peace. "Markets are always keen to price in the prospect of a peace deal, if one could call it that, with what might be hints of concessions by both sides," Oanda says. A breakthrough would push oil prices and safe havens including the dollar and gold lower while sending the euro and European equities higher, Oanda says. (renae.dyer@wsj.com)
Companies News:
SSE Raises FY22 Guidance as Renewable Power Output Recovered in 4Q
SSE PLC on Tuesday raised earnings guidance for fiscal 2022, as renewable electricity production benefited from better weather conditions in the fourth quarter.
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Croda's Performance in First Three Months of 2022 Robust; Boosts Growth in Consumer Care
Croda International PLC said Tuesday that its performance in the first three months of the year has been robust, and that it was targeting sales in its consumer-care division of 1 billion pounds ($1.31 billion) by 2025.
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Polymetal Weighs Modifying Asset-Holding Structure to Maximize Value
Polymetal International PLC said Tuesday that it is evaluating several options that might maximize shareholder value, including among others potentially modifying its asset-holding structure to ensure distinct ownership in its various operational jurisdictions.
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Ten Entertainment Swung to 2021 Pretax Profit; To Resume Dividend in 2022
Ten Entertainment Group PLC on Tuesday reported a swing to profit in fiscal 2021, underpinned by robust sales growth, and said it expects to deliver a performance ahead of market expectations in 2022 and to resume the dividend payout.
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Konecranes, Cargotec Merger Blocked by UK Antitrust Watchdog
The U.K. Competition and Markets Authority on Tuesday blocked the proposed merger between crane manufacturer Konecranes Oyj and cargo-handling machinery company Cargotec Oyj after identifying "substantial" competition concerns.
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AG Barr FY 2022 Profit Beat Pre-Pandemic Level as Sales Grew
A.G. Barr PLC on Tuesday reported higher profits for the year ended Jan. 30, reflecting strong sales growth.
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Bellway 1H Profit, Revenue Rose; Sees FY 2022 Sales Rising On-Year
Bellway PLC said Tuesday that its pretax profit rose in the first half of fiscal 2022, and it expects a strong performance for the full year.
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S&U FY 2022 Pretax Profit Rose, Raises Dividend
S&U PLC said on Tuesday that pretax profit for fiscal 2022 rose on lower used car costs, and raised its dividend payout.
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McKay Securities Gets Offer Approach From Slate Asset Management
McKay Securities PLC said Tuesday that it has received a request from Slate Asset Management L.P. for due diligence access so that it can consider a possible all-cash offer for the U.K. real-estate investment trust.
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Xaar Swung to 2021 Pretax Profit, Confident in Outlook
Xaar PLC said Tuesday that it swung to a pretax profit in 2021 as its gross margin improved, and said its outlook for 2022 was confident with a strong order book across the business.
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Mulberry Group Anticipates FY 2022 Revenue, Profit Above Expecations on Strong Sales
Mulberry Group PLC said Tuesday that it anticipates reporting revenue and profit moderately above expectations for fiscal 2022 after booking robust sales.
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TinyBuild 2021 Revenue, Pretax Profit Rose After Strong Performance of New Games
TinyBuild Inc. said Tuesday that revenue and pretax profit for 2021 rose after a strong performance in the latter part of the year from new games titles and back-catalogue sales.
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FireAngel 2021 Loss Narrowed, Forecasts Improvement for 2022
FireAngel Safety Technology Group PLC on Tuesday reported a narrowed loss for 2021 and forecast better margins and earnings for 2022.
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Personal Group Holdings 2021 Pretax Profit Fell; Reduces Dividend
Personal Group Holdings PLC posted on Tuesday a reduced pretax profit for 2021 after booking higher expenses due the increased contribution from its benefits divisions, and reduced its dividend payout.
Contact: London NewsPlus, Dow Jones Newswires; Dow Jones Newswires; paul.larkins@wsj.com
(END) Dow Jones Newswires
03-29-22 0305ET
