FTSE 100 Seen Opening Slightly Higher
0740 GMT - The FTSE 100 is expected to open slightly higher after a strong close on Wall Street on Friday. IG futures data show the London index of blue-chip stocks opening 5 points higher. Financial markets appear to have "rising conviction" that central banks are on the cusp of a significant pivot on monetary policy sometime later this year, CMC Markets analyst Michael Hewson writes. "As we look ahead to a new week, the main focus will once again be on the U.S. economy and this week's fourth-quarter gross domestic product numbers, as well as the December core personal consumption expenditures deflator inflation numbers, which are due on Thursday and Friday." (renae.dyer@wsj.com)
Companies News:
Barclays Names John Kingman as Chair of Barclays Bank UK
Barclays PLC on Monday said it has appointed John Kingman as chair of Barclays Bank UK effective June 1, succeeding Crawford Gillies.
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Endeavour 2022 Production Hit Top End of Estimates; Names New CFO
Endeavour Mining PLC said Monday that 2022 gold production reached the top end of its estimates, and named Guy Young as its incoming chief financial officer.
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Dignity Agrees to GBP281 Mln Takeover by Consortium
Dignity PLC said Monday that it has agreed to a 281 million-pound ($348.3 million) takeover by Yellow (SPC) Bidco Ltd., a new company owned or controlled by a consortium comprised of SPWOne V Ltd., Castelnau Group Ltd. and Phoenix Asset Management Partners Ltd.
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Saga PLC in Talks to Sell Its In-House Insurer
Saga PLC on Monday said it is in discussions to sell its underwriting business to reduce its debt.
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Dignity Sees 2022 Profit Dropping on High Costs, Pivot to Lower-Priced Products
Dignity PLC said Monday that it expects to report that 2022 underlying revenue and operating profit fell on year amid shifts toward lower-priced products, and increased costs and investment.
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DG Innovate to Raise up to GBP0.5 Mln to Fund Development
DG Innovate PLC said Monday that it is seeking to raise up to 500,000 pounds ($619,700) via a share subscription and broker option, and will use the money toward its development.
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tinyBuild Sees 2022 Revenue in Line With Views
tinyBuild Inc. said Monday that 2022 revenue was in line with expectations and that the board was looking to 2023 with confidence.
Contact: London NewsPlus, Dow Jones Newswires;
(END) Dow Jones Newswires
01-23-23 0304ET
