FTSE 100 Trades Flat as Investors Await US Jobs Data
The FTSE 100 trades flat at 7149 points as traders turn cautious ahead of Friday's U.S. nonfarm payrolls report which could offer clues on when the Federal Reserve will start tapering asset purchases. Melrose Industries is the biggest riser with shares up 4.2% after the turnaround specialist swung to a first-half profit. Mining shares are also higher, recovering from losses in the previous session. Barratt Developments drops 2.0% after the housebuilder's results for the year to June 30 showed pre-tax profit jumped compared to a year ago but remained below its pre-pandemic levels in 2019.
Barratt Developments FY 2021 Pretax Profit Rose 65%
Barratt Developments PLC on Thursday reported a 65% jump in pretax profit for fiscal 2021, and raised the dividend above pre-coronavirus levels.
Gulf Keystone Swung to 1H Profit, Raises 2021 Production Guidance Midpoint
Gulf Keystone Petroleum Ltd. on Thursday reported a swing to profit for the first half and tightened its full-year production guidance toward the higher end of the range.
CMC Markets Expects FY 2022 Net Operating Income to Fall to GBP250 Mln-GBP280 Mln
CMC Markets PLC said Thursday it expects to achieve net operating income of between 250 million pounds and 280 million pounds ($344.2 million-$385.6 million) in the year ending March 31, which would be down from GBP409.8 million in fiscal 2021.
Gym Group 1H Loss Narrowed
Gym Group PLC on Thursday reported a narrowed loss for the first half of the year, and said it has experienced strong demand since the U.K. started to lift coronavirus-related restrictions.
88 Energy Raised A$24 Mln in Share Placing to Fund Alaska Well
88 Energy Ltd. said Thursday that it raised around 24 million Australian dollars ($17.7 million) in a share placing to finance the Merlin-2 oil well in Alaska.
Ecotricity Receives Limited Support for Good Energy Group Offer
Ecotricity Group Ltd. on Thursday said that it had received acceptances representing 1.8% of Good Energy Group PLC shares for its takeover offer for the renewable-energy company.
Jet2 Says Financial Contribution From Flying for July 19 to Date Has Been Positive
Jet2 PLC said Thursday that from July 19 to date, the company has generated a positive financial contribution from flying despite limited booking visibility in the summer.
Headlam Group Swung to 1H Pretax Profit; Trading in Line With Views
Headlam Group PLC said Thursday that it swung to a first-half pretax profit as revenue increased, and that it continues to perform in line with market expectations.
Gem Diamonds Swung to 1H Profit as Underlying Ebitda Tripled
Gem Diamonds Ltd. on Thursday reported a profit for the first half of the year, as revenue and earnings bounced back above pre-pandemic levels.
Lekoil Shares Dive After Company Acknowledges Internal Dispute With Lekoil Nigeria
Shares in Lekoil Ltd. plummeted Thursday after it acknowledged a dispute for the control of the group with Lekoil Nigeria and suggested it will raise equity in the fourth quarter.
Mobile Streams Shares Rise as LiveScore Subscribers in Mexico Exceed Target
Shares in Mobile Streams PLC surged Thursday morning after it said its LiveScore service in Mexico more than tripled the targeted number of subscribers.
Thor Mining Executive Chairman Resigns From Company Effective Immediately
Thor Mining PLC said Thursday that Executive Chairman Mick Billing has resigned from the company with immediate effect.
Wentworth Resources 1H Profit, Revenue Rose
Wentworth Resources PLC said Thursday that pretax profit rose for the first half as revenue increased, and that it remained focused on meeting its full year potential as well as Tanzania's growing demand for reliable low-cost power.
Energean 1H Pretax Loss Narrowed, Backs 2021 Production Guidance
Energean PLC said on Thursday that its pretax loss for the first half narrowed as revenue rose, and backed its production guidance for the year.
MPAC Raises 2021 Expectations After 1H Profit, Revenue Growth
MPAC Group PLC said Thursday that it expects its 2021 results to beat market expectations after its profit and revenue for the first half rose.
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