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London Shares Rise; Taylor Wimpey, Legal & General Gain After Earnings


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Dow Jones
FTSE 100 Rises; Taylor Wimpey, Legal & General Gain After Earnings
The FTSE 100 rises 0.4% to 7135 points as investors react to upbeat corporate earnings and await economic data on U.K. services activity and the U.S. labor market. Taylor Wimpey gains 3.9%, sending rival housebuilders higher, as it raised its full-year profit target after swinging to a first-half profit. Legal & General climbs 1.4% after the insurance company posted a rise in first-half operating profit and said its performance for the period was well above pre-pandemic levels. The final July U.K. services purchasing managers index survey is due at 0830 GMT and July s U.S. ADP private payrolls report is at 1215 GMT. ....

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James Halstead expects to report record turnover and annual profit


James Halstead expects to report record turnover and annual profit
Wed, 4th Aug 2021 10:17
(Alliance News) - James Halstead PLC on Wednesday said trading in the second half of its financial year has been encouraging , with the company expecting to report record turnover and annual pretax profit.
James Halstead is a commercial flooring manufacturer and international distributor.
The Manchester-based firm said trading in the second half of year has been encouraging, and it expects to report both turnover and pretax profit at record levels for the year to June 30 despite ongoing uncertainties in the global marketplace.
In the UK, the availability of basic raw materials has continued to threaten smooth production. Even more disruptive has been the effect of employee shortages due to absenteeism mostly a result of the self-isolation of employees exposed to coronavirus, James Halstead said. ....

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