FTSE 100 Set for Further Gains Despite Mixed Global Trading
09 February 2023 - 07:16PM
Dow Jones News
FTSE 100 Poised to Rise After Mixed Asia Trading
0740 GMT - The FTSE 100 looks set to open about 21 points higher
at 7906, according to IG futures data, though Wall Street closed
lower and Asia trades mixed. Australian and Japanese stocks fall,
but markets in mainland China and Hong Kong rise. The Dow closed
Wednesday 0.6% lower. "The weekly jobless claims in the U.S. might
be worth keeping an eye on Thursday, given the intense focus on the
labor market from the Fed," Danske Bank analysts say in a note. "So
far, jobless claims have not shown any signs of increasing."
(philip.waller@wsj.com)
Companies News:
Unilever 2022 Net Profit Rose; 4Q Turnover Increased on Higher
Prices
Unilever PLC reported Thursday an increase in net profit for
2022, beating market expectations for the year, while fourth
quarter turnover rose.
---
Compass Group Backs FY 2023 Guidance After 1Q Revenue Grew
24%
Compass Group PLC said Thursday that it had growth across all
its regions in the first quarter of fiscal 2023 as it continued to
benefit from outsourcing trends and backed its full-year
guidance.
---
British American Tobacco 2022 Revenue, Pretax Profit Rose on New
Category Growth, Pricing
British American Tobacco PLC said Thursday that revenue and
pretax profit rose for 2022, driven by new category growth and
pricing.
---
Bellway Sees 1H Housing Revenue Rising Despite Reservation Rate
Slip
Bellway PLC said Thursday that it expects its first-half fiscal
2023 housing revenue rose at least 1.1%, driven by an increase in
house prices, though its overall reservation rate fell.
---
Watches of Switzerland 3Q Revenue Boosted by Luxury Segment;
Backs FY 2023 Guidance
Watches of Switzerland Group PLC said Thursday that group
revenue in the third quarter of fiscal 2023 rose 17%, driven by
luxury watches where demand continues to exceed supply, and backed
its full-year guidance.
---
AstraZeneca Swung to 4Q Profit, But Covid Shot Decline Hits
Revenue
AstraZeneca PLC on Thursday posted a swing to fourth-quarter
profit, though it posted lower revenue due to declining sales of
its Covid-19 vaccine Vaxzevria.
---
Journeo 2022 Revenue Seen Up 35%, Profit in Line as Order Intake
Rose
Journeo PLC said Thursday that revenue for 2022 increased 35%
and that profit is anticipated in line with market expectations as
order intake rose.
---
S&U Sees FY 23 Results Meeting Views; Raises Second Interim
Dividend
S&U PLC said Thursday that it expects fiscal 2023 results to
meet expectations and exceed its budget as it proposed a second
interim dividend.
---
Credit Suisse Flags Substantial 2023 Loss After Missing
Expectations in 4Q -- Update
Credit Suisse Group AG notched up its fifth-straight quarterly
loss in the last three months of 2022, missing expectations after
clients pulled billions in deposits from its wealth-management
business, and flagged a further full-year loss in 2023.
---
Argo Blockchain CEO, Interim Chairman Peter Wall Steps Down
Argo Blockchain PLC said Thursday that Chief Executive Officer
and Interim Chairman Peter Wall is stepping down to pursue other
opportunities.
Contact: London NewsPlus; paul.larkins@wsj.com
(END) Dow Jones Newswires
February 09, 2023 03:01 ET (08:01 GMT)
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