ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

ICAGY International Consolidated Airlines Group SA (PK)

7.65
0.06 (0.79%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
International Consolidated Airlines Group SA (PK) USOTC:ICAGY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.06 0.79% 7.65 7.46 7.80 7.70 7.48 7.48 20,994 19:00:00

FTSE 100 Closes Up as IAG, Vodafone and Rio Tinto Rise

07/02/2022 5:48pm

Dow Jones News


International Consolidat... (PK) (USOTC:ICAGY)
Historical Stock Chart


From Dec 2021 to Dec 2024

Click Here for more International Consolidat... (PK) Charts.

The FTSE 100 closed higher on Monday as British Airways owner IAG, Vodafone and Rio Tinto all finished in positive territory. "European markets have got off to a mixed start to the week with DAX and FTSE 100 pushing higher, while a sharp rise in Italian borrowing costs appears to be weighing on the FTSE MIB which is down heavily for the third day in a row," says Michael Hewson, chief market analyst at CMC Markets U.K. Elsewhere, Brent prices reached another new seven-year high after Saudi Arabia increased prices for Asia customers. Talk over a possible Russian invasion of Ukraine also continues to underpin prices, he says.

 
Companies News: 

Lok 'N Store Says 1H Performance Was Strong; Occupancy and Pricing Improved

Lok 'n Store Group PLC said Monday that its performance in the first half of fiscal 2022 was strong, boosted by significant improvements in occupancy and pricing, and that self-storage revenue was up 34% on the previous year.

---

Bodycote CFO Dominique Yates to Retire Once Successor Appointed

Bodycote PLC said Monday that Chief Financial Officer Dominique Yates will retire from the company once a successor has been appointed and an orderly handover of duties has been completed.

---

Pets at Home to Appoint Lyssa McGowan as CEO

Pets at Home Group PLC said Monday that it has appointed Lyssa McGowan as chief executive officer with effect starting June 1, after current CEO Peter Pritchard said he will step down from the role in summer.

---

Zinc Media Group Expects 2H Adj Ebitda to Beat Management Views

Zinc Media Group PLC said Monday that adjusted earnings before interest, taxes, depreciation and amortization for the second half of 2021 are expected to be above management views, and that it has started 2022 with new-business wins.

---

Lamprell 2H Earnings Hit by Omicron, Adverse Weather

Lamprell PLC on Monday warned that its performance was hurt by the Covid-19 Omicron variant and adverse weather conditions in the second half of 2021, and said that it may raise further equity this year.

---

Vaalco Energy Reports Successful Well Completion at Oil Field Offshore Gabon

Vaalco Energy Inc. said Monday that it has successfully completed the Etame 8H-ST oil well in the Etame field offshore Gabon.

---

Argo Blockchain January Revenue, Bitcoin Mining Slips

Argo Blockchain PLC said Monday that its revenue and the number of bitcoins it mined in January fell compared to December.

---

Science Group Appoints Jon Brett as Official Finance Director

Science Group PLC said Wednesday that Jon Brett, who had been appointed as the acting finance director of the board on Aug. 10, 2021, has now been named group finance director.

---

Filta Group 2021 Revenue Rose, Boosted by North American Sales

Filta Group Holdings PLC said Monday that revenue rose in 2021 thanks to a stronger performance in the third and fourth quarters of the year, marked by a significant sales recovery in North America.

---

Eleco CFO to Step Down Immediately; Interim CFO Appointed

Eleco PLC said Monday that Chief Financial Officer Robert Tearle is stepping down with immediate effect, and it has appointed Rose Clark as interim CFO.

---

Oriole Resources Appoints Eileen Carr as Nonexecutive Chair

Oriole Resources PLC said Monday that it has appointed Eileen Carr as nonexecutive chair.

---

Great Portland Estates New Lettings Set Record High for Leasings

Great Portland Estates PLC said Monday that it has agreed upon a number of new lettings since Oct. 1, achieving record leasing rent for the fiscal year.

---

Nanosynth Appoints Peter Jeremy McNamara COO, Andrew Stedman CFO

Nanosynth Group PLC said Monday that it has appointed Peter Jeremy McNamara as chief operating officer and Andrew Stedman as chief financial officer with immediate effect, and that both positions will be non board roles.

---

Tufton Oceanic Assets Sells Two Containerships for $21 Mln

Tufton Oceanic Assets Ltd. said Monday that it has agreed to sell the containerships Candy and Echidna for $21.0 million in total.

---

Royal London in Initial Takeover Talks With LV= After Bain Offer's Rejection

Royal London Mutual Insurance Society Ltd. said Monday that it has had initial discussions with LV= to explore a potential acquisition of the U.K. insurance company.

---

LV= Appoints Seamus Creedon Interim Chairman

Liverpool Victoria Financial Services Ltd., known as LV=, said it has appointed Seamus Creedon interim chairman, taking over from Alan Cook.

---

Prospex Energy Raises GBP2.4 Mln to Fund Selva Project in Italy, Shares Fall

Shares in Prospex Energy PLC fell Monday after the company said it has raised 2.4 million pounds ($3.25 million) via a conditional share placing and subscription to increase its stake in the Selva field and funds its development.

---

Taylor Wimpey's Internal CEO Appointment May Raise Eyebrows -- Analysis

Taylor Wimpey PLC's internal appointment of Jennie Daly as its new incoming chief executive officer could raise eyebrows, given activist investor Elliott Management's hard lobbying for new blood at the top.

 
Market Talk: 

January Power-Generation Data Seen Positive for RWE, Negative for Enel

1047 GMT - Power-generation data for January suggests a positive implication for RWE and a negative implication for Enel, Jefferies says. Strong onshore wind performance in the U.S., above-average solar levels in the U.S. and Spain, and strong German hydroelectric production seem to favor German utility RWE, Jefferies says. Conversely, very low hydroelectric output in Italy and negative onshore wind performance overall don't bode well for Milan-listed energy group Enel, the bank says. "2022 kicks off with record January solar levels in Spain, France and U.K., low hydro output in Italy, Spain and U.K., very high wind speeds across East/Northern Europe, low wind in West Europe, and strong U.S. wind speeds," Jefferies adds.

--

Mining Stocks Are Still Worth Going Long on Despite Short-Term Volatility, Jefferies Says

1036 GMT - Risk-off sentiment in the markets could pressure mining shares in the very near term as the cyclicality of mining is understandably a concern in the face of a tightening cycle, Jefferies says. However, a modest slowdown in global growth isn't enough to stop the commodity freight train, and even a sharp slowdown would only have a transitory impact, the bank says. In addition, Jefferies says that "the ESG genie is out of the bottle now," creating unprecedented positive structural implications for metals demand and supply. This will lead to higher prices in the future, as supply growth lags demand, it says. Equity valuations imply, however, that we are at peak now, Jefferies says.

---

Pets at Home Has Significant Cross-Sell Opportunities and Strong Support to Its Margins

1004 GMT - Pets at Home Group has significant cross-sell opportunities and strong support to its already robust margins, Liberum says. The U.K. pet-care company is at peak earnings but its overall market growth is still expected to accelerate to around 4.5% a year, with more customers acting like "quasi-subscribers" and engaged members spending around GBP1,000 a year, Liberum says. It is estimated that the Covid-19 pandemic has driven an up-to-10% increase in the U.K.'s pet population, the brokerage says. Liberum currently forecasts fiscal 2022 pretax profit of GBP142 million, compared with GBP87.5 million for fiscal 2021. Shares are up 0.5% at 409.6 pence.

---

Taylor Wimpey's New CEO Improves FTSE Representation

0948 GMT - Taylor Wimpey's appointment of Jennie Daly to chief executive officer is very positive given the longrunning under-representation of women managing FTSE companies, AJ Bell's investment director Russ Mould says. The U.K. house builder's internal promotion secures Daly's near 30 years' of industry experience, and she should be a safe pair of hands ensuring it runs smoothly, AJ Bell says. There are eight FTSE 100 companies with a female CEO--not including Taylor Wimpey--and research indicates diverse companies outperform less diverse peers, the brokerage says. "It's therefore encouraging to see the percentage of FTSE companies with female leadership start to move up, but there is clearly a lot more to be done," Mould says. Shares are down 0.6% at 148.5 pence.

---

Pets at Home Edges Higher After CEO Appointment

0937 GMT - Shares in Pets at Home edge 0.4% higher after the U.K. pet-goods retailer appointed Sky executive Lyssa McGowan as its new chief executive. The appointment of McGowan, who Pets at Home said is the outgoing chief consumer officer at Sky UK, is positive as there are common characteristics between the Pets at Home and Sky businesses, HSBC says. "There are clear links between the customer life-time value focus of a business like Sky and the annuity-like behavior that Pets at Home is trying to build in its customer base," HSBC analysts say. "Also, a strong digital focus will be key to reaching Pets at Home's ambitions and Ms McGowan would seem to bring this from her current experience."

 

Contact: London NewsPlus, Dow Jones Newswires; Write to Sarka Halas at sarka.halas@wsj.com

(END) Dow Jones Newswires

February 07, 2022 12:33 ET (17:33 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

1 Year International Consolidat... (PK) Chart

1 Year International Consolidat... (PK) Chart

1 Month International Consolidat... (PK) Chart

1 Month International Consolidat... (PK) Chart

Your Recent History