Markets Remain Jittery Over CS Takeover With Central Bank Meets Looming
0801 GMT - Markets are jittery to the news of UBS acquiring Credit Suisse, news which should support risk sentiment Monday morning, Danske Bank's analysts write in a note. "With elevated uncertainty ahead of the central bank meetings this week, markets will be jittery to news," Mohamad Al-Saraf, associate at Danske Bank, says. Upcoming central bank meetings include the Federal Reserve on Wednesday, as well as Norges Bank, Bank of England and the Swiss National Bank on Thursday. The week's events also include the "ECB and Its Watchers XXIII" conference on Wednesday. Eurozone government bond yields slide as investors flock into safe havens. (emese.bartha@wsj.com)
Companies News:
Intertek Group Names Colm Deasy as New Chief Financial Officer
Intertek Group PLC said Monday that it has appointed Colm Deasy as group chief financial officer, replacing Jonathan Timmis who has stepped down with immediate effect.
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Egdon Resources to Report Rise in 1H Revenue; Production Ahead of Guidance
Egdon Resources PLC said Monday that it expects to report a rise in revenue for the first half of fiscal 2023 and that production in the period was ahead of guidance for the year.
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Ten Lifestyle Sees 49% Rise in 1H Revenue on Record Number of Active Members
Ten Lifestyle Group PLC said Monday that it expects revenue and earnings to rise significantly in the second half of fiscal 2023 thanks to contract developments and a record number of active members.
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Dialight Appoints Neil Johnson as Nonexecutive Chairman
Dialight PLC said Monday that it has appointed Neil Johnson as nonexecutive chairman with effect from May 17, replacing David Thomas who will step down from the role at the annual general meeting.
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SolGold Names Chris Stackhouse as New CFO; Interim CEO Named to Role Permanently
SolGold PLC said Monday that it has appointed Chris Stackhouse as incoming chief financial officer, and named interim Chief Executive Officer Scott Caldwell to the role on a permanent basis.
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Corcel 1H Pretax Loss Widened
Corcel PLC said Monday that its pretax loss widened in the first half of fiscal 2023, and that the company continues to broaden its strategy to include oil and gas assets.
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Andrada Mining 4Q, FY 2023 Tin Production Significantly Rose
Andrada Mining Ltd. said Monday that tin production rose in the fourth quarter of fiscal 2023, bringing full-year production up significantly on year.
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Spectra Systems 2022 Pretax Profit Rose on Increased Demand; Lifts Dividend
Spectra Systems Corp said Monday that its pretax profit rose in 2022, driven by strong demand for materials from an existing central-bank customer, and lifted its dividend.
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Bigblu Broadband FY 2022 Pretax Loss Widens on Higher Costs
Bigblu Broadband PLC on Monday reported a slightly widened pretax loss for fiscal 2022 on higher costs of sales and despite revenue rising due to particularly strong growth in the Australasia region.
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Shawbrook to Buy Bluestone Mortgages
Shawbrook Group PLC said Monday that it will acquire the specialist mortgage lender Bluestone Mortgages Ltd. for an undisclosed sum as the group expects significant long-term growth in the sector.
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UK Water Regulator Gains Powers to Block Dividend Payments
The U.K. water regulator said Monday that it has new powers to stop water companies from paying dividends if their financial resilience is at risk.
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Agriterra Raises GBP200,000 Via Placing
Agriterra Ltd. on Monday said it raised 200,000 pounds ($243,580) through the placing of shares which will be used to buy an extra 1,500 cattle for its Mozbife division and provide additional working capital to support other growth initiatives.
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Nostrum Oil & Gas Sees 2023 Production Fall
Nostrum Oil & Gas PLC said Monday that it expects 2023 average daily production to slow.
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Jubilee Metals 1H Pretax Profit Halved on Falling Metal Prices; Confirms 2023 Outlook
Jubilee Metals Group PLC said Monday that pretax profit more than halved in the first half of fiscal 2023 as metal prices fell on year, and confirmed its full-year 2023 guidance.
Contact: London NewsPlus; paul.larkins@wsj.com
(END) Dow Jones Newswires
03-20-23 0449ET
