FTSE 100 steady above 7000 level with Wall Street set to open higher
Companies
FTSE 100 steady above 7000 level with Wall Street set to open higher
The index of UK-blue-chips in positive mood while US is set to make a positive start as investors await jobs and services data
FTSE 100 up 81 points
Dow to see early gains
Croda higher on restructuring talk
12.35pm: US market expected to recover
Wall Street is set to recover after Tuesday s caution as US Treasury Secretary Janet Yellen rattled the cages with talk of interest rate rises.
The Dow Jones Industrial Average, which ended off its worst levels despite Yellen s comments, is expected to open 70 points or 0.22% higher at around 34,203 while the S&P 500 is forecast to rise by 0.3%. The Nasdaq Composite, which bore the brunt of Tuesday s selling and fell 1.88% as growth stocks fell out of favour again, is set to recover by around 0.5%.
Proactive news headlines: MBH Corporation, Oncimmune, Eckoh, Coinsilium Group.
A glance at some of the day s highlights from the Proactive Investors newswire
MBH Corporation PLC (FRA:M8H, OTCMKTS:MBHCF) has added another profitable UK taxi business to its transport vertical.
Diagnostics specialist Oncimmune Holdings PLC (LON:ONC) said it has agreed to take back the China and Hong Kong rights to its EarlyCDT product portfolio in a deal that gives its strategic options to tap the US capital markets.
Directa Plus PLC (LON:DCTA) said it has been granted a European Union-wide patent covering the production process for its G+ graphene nanoplatelets with a priority date of June 20, 2014.
TRADING UPDATES: SIG in good start to 2021; Accsys taps EUR37 million
Wed, 5th May 2021 19:20
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
SIG PLC - London-based supplier of insulation, roofing, commercial interiors and specialist construction products - Has made an encouraging start to the year, with January and February sales volumes picking up strongly and March and April trading ahead of management s expectations. For first quarter to April 30, like-for-like sales grew 29%, having declined 4% in the same period in 2019.
Accsys Technologies PLC - wood building products manufacturer - Proposes placing to raise EUR33 million and open offer to secure EUR4 million. The net proceeds of the Issue will be used primarily to fund the company s investment in expanding its Accoya business into North America, Accsys says. Plans to build new Accoya plant in US, as part of joint-vent
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A look at some of the major movers in London on Monday
The company operates an artificial intelligence platform that analyses transport issues said the quarter (Jan – Mar) was affected by a “major weather event” in Australia that delayed acceptance for airframes delivered to the Australian Government.
The revenue will now be recognised in the current quarter.
11.50am: Pantheon plunges as drilling results disappoint
Pantheon Resources PLC (LON:PANR) fell from the heights, crashing 45% to 21.55p after announcing drilling results from the Talitha #A well in Alaska.
The market was unimpressed at the intermittent flow rate of up to 100 barrels of oil per day, which Pantheon conceded was a disappointing rate.
EXECUTIVE CHANGES: New Anpario board member Kate Allum to become chair
Mon, 19th Apr 2021 15:59
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Monday and not separately reported by Alliance News:
Anpario PLC - Nottinghamshire-based manufacturer of natural sustainable animal feed additives - Peter Lawrence will retire as non-executive director at annual general meeting on June 17, with Kate Allum, a newly appointed non-executive director, to become the new chair. Allum, who joined the Anpario board at the start of February, was head of European Supply Chain at McDonald s Corp and also chief executive of First Milk, a UK farmer-owned dairy co-operative. Anpario also says Matthew Robinson will take over immediately as senior independent director from Richard Wood, who retired from the board on March 31.