FTSE 100 Is Tipped to Rise After Wall Street Closes Higher
0730 GMT - The FTSE 100 is expected to open 60 points higher at
7357, according to CMC Markets, after an upbeat close to trading on
Wall Street Monday, though Asia trades lower. The Dow closed 0.3%
higher, but markets in mainland China, Hong Kong, Japan and
elsewhere are in the red. "As a result of yesterday's startling
rebound in the U.S., markets here in Europe look set to open higher
this morning, despite a negative Asia session, with the volatility
set to continue, with the only U.S. economic numbers of consequence
being U.S. consumer confidence for January as the latest two-day
Federal Reserve rate meeting gets under way," CMC analyst Michael
Hewson says. (philip.waller@wsj.com)
Companies News:
Pebble Beach Expects 2021 Revenue, Adjusted Earnings Ahead of
Market Views
Pebble Beach Systems Group PLC said Tuesday that it expects to
report 2021 revenue and adjusted Ebitda ahead of market
expectations, and that the improvement in orders seen in the second
half ensures the company will continue to have good revenue
momentum into 2022.
---
Sureserve FY 2021 Profit Rose; Says It is Confident for 2022
Sureserve Group PLC reported Tuesday a 70% rise in pretax profit
for fiscal 2021, boosted by a record number of contract wins, and
said that its performance for 2022 has continued to be strong.
---
Capricorn Energy Says Production Growth in Egypt Is Ahead of
Expectations
Capricorn Energy PLC said Tuesday that production at its
newly-acquired oil-and-gas assets in Egypt is growing faster than
expected.
---
Fonix Mobile FY 2022 Adjusted Ebitda Expected to Surpass
Management Views
Fonix Mobile PLC said Tuesday that its businesses have all grown
in the first half of fiscal 2022, with gross profit and adjusted
earnings before interest, taxes, depreciation and amortization
rising ahead of internal views for the period.
---
Staffline Group Expects 1.6% Revenue Rise for 2021
Staffline Group PLC said on Tuesday that it expects 2021 to
report a rise in revenue of around 1.6%, and that its performance
momentum is expected to continue into 2022.
---
TinyBuild Expects 2021 Ebitda to Beat Expectations
tinyBuild Inc. said Tuesday that it anticipates reporting
earnings before interest, taxes, depreciation and amortization for
2021 that are above expectations after a solid second-half
performance.
---
Novacyt Sees Covid-19 Product Sales Plunging in 2022; Says 2021
Underlying Revenue Fell
Novacyt SA said Tuesday that revenue and earnings before
interest, taxes, depreciation and amortization for 2021 are
expected to be in line with management expectations, but warned
that it sees reported sales from Covid-19 products cut by around
50% in 2022.
---
EKF Diagnostics Expects 2021 Performance to Beat Market
Views
EKF Diagnostics Holdings PLC said Tuesday that it expects its
2021 financial performance--including adjusted earnings before
interest, taxes, depreciation and amortization--to be above market
views.
---
IQE Sees 2021 Revenue in Line With Guidance
IQE PLC said Tuesday that 2021 revenue is expected to be in line
with the guidance given in November.
---
BlueRock Diamonds Sells 6.8-Carat Stone for $63,186 in January's
Tender
BlueRock Diamonds PLC said Wednesday that it has sold a 6.8
carat stone for $63,186 in its January sale.
---
Animalcare Group Sees FY 2021 Revenue In Line With Market
Views
Animalcare Group PLC said Tuesday that it expects revenue for
2021 to be in line with market expectations, backed by higher
margins.
---
Yu Group Sees 2021 Revenue, Adjusted Ebitda, Ahead of Views
Yu Group PLC said Tuesday that it expects 2021 revenue and
adjusted Ebitda to be significantly ahead of expectations.
Market Talk:
Diageo Investors to Eye Margins, Sales, Debt at 1H
The market is set to eye margins, sales and debt in spirit group
Diageo's half-year results Thursday Jan. 27, Hargreaves Lansdown
says. Investors are likely to look for any impact of
inflation-fueled costs on operating margins, Hargreaves Lansdown
says. Meanwhile, investors are hoping the company can continue to
reduce debt if profits continue to move in the right direction.
"Net sales are forecast to rise in the region of 13.2% to GBP7.8
billion, but a price-to-earnings ratio of 26.0 means markets will
be expecting good things and any major deviation from guidance
risks disappointing them," analyst Matt Britzman says.
(philip.waller@wsj.com)
Contact: London NewsPlus, Dow Jones Newswires; Dow Jones
Newswires; paul.larkins@wsj.com
(END) Dow Jones Newswires
January 25, 2022 03:08 ET (08:08 GMT)
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