23 April

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Global bond, money market funds attract inflows on rising virus concerns By Reuters

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By Patturaja Murugaboopathy (Reuters) - Investors poured $16.4 billion into global bond funds and $14.9 billion into money market funds in the week ending April 21, according to Refinitiv Lipper data, as concerns about a global rise in COVID-19 cases prompted moves towards safer assets. The inflows at global bond funds were roughly 2% higher than in the previous week, the data showed. The massive inflows into money market funds came after an outflow of $50 billion in the last week. However, global equity funds saw inflows of $10.8 billion, around 33% less than in...

23 April

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Honeywell Earnings, Revenue beat in Q1 By Investing.com

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Honeywell (NYSE:HON) reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations. Honeywell announced earnings per share of $1.92 on revenue of $8.45B. Analysts polled by Investing.com anticipated EPS of $1.8 on revenue of $8.08B. Honeywell shares are up 7% from the beginning of the year and are trading at $229.26 , down-from-52-week-high.They are under-performing the Dow Jones which is up 10.49% from the start of the year. Honeywell follows other major Capital Goods sector earnings this month Honeywell's report follows an earnings beat by ASML ADR...

23 April

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American Express Earnings beat, Revenue misses In Q1 By Investing.com

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American Express (NYSE:AXP) reported on Friday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations. American Express announced earnings per share of $2.74 on revenue of $9.06B. Analysts polled by Investing.com anticipated EPS of $1.6 on revenue of $9.21B. American Express shares are up 21% from the beginning of the year and are trading at $147.16 , down-from-52-week-high.They are outperforming the Dow Jones which is up 10.49% from the start of the year. American Express follows other major Financial sector earnings this month American Express's...

23 April

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Wizz Air sees summer capacity at between 60%-80% By Reuters

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LONDON (Reuters) -Wizz Air is expecting to fly 60% to 80% of its previous capacity this summer, its chief executive said on Friday, as the Hungarian low-cost airline prepares for European travel to re-open but with many restrictions still in place. Chief executive Jozsef Varadi said the uncoordinated approach of different European governments and changing restrictions left him feeling cautious ahead of the critical summer travel season. "I'm pretty sure summer is going to be better than where we are today," Varadi told a virtual aviation conference on Friday. "My view is not demand-driven from...

23 April

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Sterling rebounds on strong retail sales, PMI awaited By Reuters

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By Ritvik Carvalho LONDON (Reuters) - Sterling rebounded on Friday from a sharp fall on Thursday after strong retail sales data which showed Britain's economy might already be recovering from its worst annual contraction in 300 years. The pound fell erased its weekly gains against the dollar on Thursday, but was back in the black on Thursday, trading 0.3% higher on the day at $1.3879 by 0821 GMT. British retail sales rocketed last month as consumers prepared for a partial lifting of coronavirus lockdown restrictions, according to official data which also showed record peacetime government borrowing....

23 April

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Ahead of expected IPO, Pepco takes PEPCO brand to Spain By Reuters

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LONDON (Reuters) - Discount retailer Pepco Group said on Friday it would open its first PEPCO branded store in Spain this month and 10 more by September, stepping up its expansion ahead of an expected initial public offering (IPO) this year. The group, which also trades as Poundland in the United Kingdom and Dealz in Europe, is part of South African conglomerate Steinhoff, which is still battling the fallout of a 2017 accounting scandal. Steinhoff said on Monday it had decided to seek necessary consent from its financial creditors for a listing of Pepco Group. That...

23 April

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EDF shares down after France re-brands restructuring plan By Reuters

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PARIS (Reuters) - Shares in EDF (PA:EDF) fell on Friday after France's Finance Minister Bruno Le Maire was quoted as saying he was ditching the "Project Hercules" name of a planned restructuring of the power group that has been criticised by powerful trade unions. Le Maire was quoted as saying by the Ouest-France newspaper in an interview that he was telling trade union representatives with whom he was discussing the restructuring: "Let's forget Project Hercules". "Let's build a big EDF together," he was quoted as saying in the interview. "This ambitious project will take account of...

23 April

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FirstGroup shares surge on $4.6 billion sale of N.American bus businesses By Reuters

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(Corrects headline and first paragraph to clarify company is selling more than one business. Corrects paragraph 7 to say company sees annual profit ahead of its expectations not more than 900 million pounds) By Yadarisa Shabong (Reuters) -FirstGroup agreed to sell two North American bus businesses for $4.6 billion including debt to Swedish private equity firm EQT Infrastructure on Friday, to focus on its bus and rail operations in the UK. Shares in the FTSE 250 firm, which operates First Bus and four train contracts in Britain, surged 19% in early trade to hit a more...

23 April

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Australian minister hails “real momentum” in UK trade talks By Reuters

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LONDON (Reuters) - There is real momentum in trade talks between Britain and Australia after considerable progress was made in talks on Thursday, Australian trade minister Dan Tehan said. "I think we made some considerable progress which was terrific," Tehan told BBC Radio on Friday, following talks with his British counterpart Liz Truss. "These discussions can take some time but Liz and I now are very keen to make sure that we put real momentum into the negotiations, (and) we did that yesterday." ...

23 April

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ECB survey sees slower growth, faster inflation this year By Reuters

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FRANKFURT (Reuters) - The euro zone economy will grow slower this year than earlier thought while a temporary surge in inflation is likely to exceed a previous projection, a key European Central Bank survey showed on Friday. The ECB left policy unchanged on Thursday, arguing that copious stimulus is still needed to see a battered economy through yet another wave of the coronavirus pandemic that is keeping much of the services sector shuttered. But with vaccinations finally progressing, the economy is likely to grow quickly in the coming quarters, even if this rebound is now seen...

Меню

Global bond, money market funds attract inflows on rising virus concerns By Reuters

Honeywell Earnings, Revenue beat in Q1 By Investing.com

American Express Earnings beat, Revenue misses In Q1 By Investing.com

Wizz Air sees summer capacity at between 60%-80% By Reuters

Sterling rebounds on strong retail sales, PMI awaited By Reuters

Ahead of expected IPO, Pepco takes PEPCO brand to Spain By Reuters

EDF shares down after France re-brands restructuring plan By Reuters

FirstGroup shares surge on $4.6 billion sale of N.American bus businesses By Reuters

Australian minister hails “real momentum” in UK trade talks By Reuters

ECB survey sees slower growth, faster inflation this year By Reuters

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