FTSE 100 Set to Rise After Upbeat Asia, US Trading
0736 GMT - The FTSE 100 Index is expected to open 58 points higher at 7,625, according to CMC Markets, after upbeat trading in Asia and a higher close on Wall Street. Major markets in Asia are all in positive territory and the Dow closed more than 1% higher Tuesday. "Ahead of today's European open, we look set to open higher largely due to Asia markets rallying strongly, as they picked up the baton from last night's positive U.S. close," CMC analyst Michael Hewson says. (philip.waller@wsj.com)
Companies News:
Tate & Lyle Appoints Dawn Allen as CFO
Tate & Lyle PLC said Wednesday that it has appointed Dawn Allen as the new chief financial officer of the company.
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Land Securities to Invest GBP1.5B on Mixed-Use Neighborhoods Pipeline
Land Securities Group PLC said Wednesday that it plans to invest around 1.5 billion pounds ($2.03 billion) of capital expenditure on its mixed-use neighborhoods pipeline over the next five years.
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Capital Metals Intends to Raise GBP1.3 Mln
Capital Metals PLC said Wednesday that it intends to raise 1.3 million pounds ($1.7 million) via an equity issue.
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Barratt Developments 1H Pretax Profit Rose Despite Revenue Slip
Barratt Developments PLC said Wednesday that it had a slight rise in pretax profit for the first half of fiscal 2022 despite a fall in revenue, and declared an interim dividend.
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EN+ Group 4Q, 2021 Aluminum Output Rose Slightly
EN+ Group International PJSC said Wednesday that its aluminum production was slightly higher in the fourth quarter and in full-year 2021.
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Grainger Total Rent, Occupancy Grew in Early FY 2022
Grainger PLC said Wednesday that total rent and occupancy grew and rent collection remained high in the first four months of fiscal 2022.
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Photo-Me International Says1Q Performance Was Stronger Than Expected
Photo-Me International PLC said Wednesday that its performance for the first quarter of fiscal 2022 exceeded its expectations.
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GlaxoSmithKline 4Q Net Profit Grew on Higher Sales
British pharmaceutical giant GlaxoSmithKline PLC on Wednesday posted an increase in net profit and sales for the final quarter of 2021.
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John Menzies Rejects GBP468.7 Mln Takeover Approach From National Aviation Services
John Menzies PLC said Wednesday that it received a 468.7 million pound ($634.9 million) takeover approach from National Aviation Services Holding which it has rejected.
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Chesterfield Completes GBP700,000 Equity Raise
Chesterfield Resources PLC said Wednesday that it has raised 700,000 pounds ($948,150) via a share issue to fund exploration, working capital and the costs of seeking a secondary listing on the Toronto Stock Exchange.
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Dunelm Group's 1H Pretax Profit Rose Boosted by Higher Sales
Dunelm Group PLC reported on Wednesday a rise in pretax profit for the first half of fiscal 2022 as a result of stronger sales across its retail system and the outperformance of both homewares and furniture.
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System1 Group 3Q 2022 Revenue Rose
System1 Group PLC said Wednesday that revenue in the third quarter of fiscal 2022 rose 8%, and that profitability was in line with management's expectations.
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LV=, Royal London End Merger Talks
Royal London Mutual Insurance Society Ltd. and Liverpool Victoria Financial Services Ltd., known as LV=, separately said on Wednesday that their initial takeover talks have been ended.
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PZ Cussons Says 1H Pretax Profit Rose, Warns Cost Pressures Will Continue Into FY 2023
PZ Cussons PLC reported Wednesday an increase in pretax profit for the first half of fiscal 2022 despite lower revenue, and warned of cost pressures continuing into fiscal 2023.
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LXI REIT Doubles Share Issue to GBP250 Mln on Strong Investor Support
LXI REIT PLC said Wednesday that it has decided to double its target share issue size to 250 million pounds ($338.6 million) after receiving strong levels of investor support and upon considering its pipeline of opportunities.
Contact: London NewsPlus, Dow Jones Newswires; Dow Jones Newswires; paul.larkins@wsj.com
(END) Dow Jones Newswires
02-09-22 0312ET
