UKX FTSE 100 Index

FTSE 100 Poised to Fall After Downbeat Asia Trading

0650 GMT - The FTSE 100 Index looks set to open 59 points lower at 7264, according to IG futures data, after downbeat trading in Asia and a lower close on Wall Street. Markets in Australia, mainland China, Hong Kong and Japan are all in negative territory and the Dow fell 1.6% Tuesday. Brent crude drops 0.4% to $113.38 a barrel. "We look forward to the panel discussion between the Bank of England's Bailey, the Fed's Powell and the European Central Bank's Lagarde today at 15:00 CET and any clues of how policymakers plan to tackle global inflation pressures," Danske Bank analysts say in a note, referring to the ECB Forum on Central Banking taking place in Portugal. (philip.waller@wsj.com)

 
Companies News: 

Capita Sees 2022 Revenue Growth in Line with Views

Capita PLC said Wednesday that revenue for the first half of the year was in line with expectations and that it remains on track to deliver revenue growth in 2022.

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B&M's 1Q Revenue Fell Despite Recovery Trend; FY23 Outlook Unchanged

B&M European Value Retail SA said Wednesday that revenue declined in the first quarter of fiscal 2023, though it saw an improving trend in the last eight weeks of the quarter and its full-year guidance remains unchanged.

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UK Government Minded to Clear Parker-Hannifin Takeover of Meggitt

The U.K. government said late Tuesday that it is 'minded' to accept Parker-Hannifin Corp.'s undertakings to address its concerns over the U.S. company's planned 6.3 billion pound ($7.68 billion) takeover of Meggitt PLC.

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Mulberry FY22 Pretax Profit Rose Significantly

Mulberry Group PLC reported Wednesday a significant rise in pretax profit for fiscal year 2022 and said that its performance for the first quarter of fiscal 2023 is ahead of the same period a year earlier.

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DP Aircraft I to Raise up to $750,000 via Tap Issue

DP Aircraft I Ltd. said Wednesday that it plans to raise up to $750,000 via a tap issue, and that it will use the proceeds as additional working capital.

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Shoe Zone Set to Post Rise in Pretax Profit for FY22

Shoe Zone PLC said Wednesday that it expects to end its fiscal 2022 year with a rise in pretax profit, as its performance for the third quarter has seen strong margin improvements and cost savings.

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PPHE to Launch Share Buyback of Up to GBP1.7 Mln; Dividend Dependent on Performance

PPHE Hotel Group Ltd. said Wednesday that it was launching a share buyback program of up to 1.7 million pounds ($2.1 million), and that the declaration of a dividend remained subject to a continuation of its performance in the year to date.

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PPHE to Launch Share Buyback of Up to GBP1.7 Mln; Dividend Dependent on Performance

PPHE Hotel Group Ltd. said Wednesday that it was launching a share buyback program of up to 1.7 million pounds ($2.1 million), and that the declaration of a dividend remained subject to a continuation of its performance in the year to date.

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McBride Says Lender Waives June Covenant Tests to September

McBride PLC said Wednesday that its banking group has agreed to waive the June covenant tests until Sept. 30, and that it is performing in line with market expectations.

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Lookers Sees 1H Adj Pretax Profit Fall, Warns of Supply Restrictions

Lookers PLC said Wednesday that it expects to report a fall in underlying pretax profit for the first half of 2022, but that it is ahead of expectations, and warned of both new and used vehicle supply restrictions for the remainder of the year.

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Mulberry FY 2022 Pretax Profit Rose Materially Boosted by UK, China Sales -- Update

Mulberry Group PLC on Wednesday reported a significant rise in pretax profit for fiscal year 2022, and said that its performance for the first quarter of fiscal 2023 is ahead of the same period a year earlier.

Contact: London NewsPlus; paul.larkins@wsj.com

(END) Dow Jones Newswires

June 29, 2022 03:10 ET (07:10 GMT)

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