DJ FTSE Rises, Brexit Headwinds Seen Weighing on Pound in 2022
Brexit Headwinds Seen Weighing on Pound in 2022
The economic fallout from Brexit is crystallizing and the market looks set to put greater focus on the issue in 2022, weighing on sterling, Bank of America says. The U.K. is not only having to deal with a global rise in energy prices and supply-chain issues, but its own "idiosyncratic shock" due to Brexit, BofA analysts say. "The pandemic may have provided some cover for Brexit-related headwinds, but as global supply chain pressures ease next year, we believe the U.K.'s ability to readily dismiss continued supply chain issues will be hard," the analysts say. The Bank of England may have to rein in some of the market expectations on interest rate rises due to the implications of Brexit, they say.
Companies News:
Equals Group Revenue Increased in 3Q
Equals Group PLC said Monday that its revenue for the third quarter of 2021 increased amid strong demand for its services.
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Argentex Expects Higher 1H Revenue
Argentex Group PLC said Monday it expects revenue to increase 33% for the first half of fiscal year 2022 as client trading volumes recovered.
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Intercede Group 1H 2022 Revenue Boosted by New Orders
Intercede Group PLC said Monday that revenue for the first half of fiscal 2022 was up 9% on a constant currency basis compared with the same period last year, reflecting orders from both new and existing customers.
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Civitas Social Housing Says Performance Remains in Line With Views
Civitas Social Housing PLC said Monday that its assets and revenue continue to perform in line with expectations, and reaffirmed its dividend target for fiscal 2022.
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Spectra Systems Gets New Order; Expects to Beat 2021 Market Forecasts
Spectra Systems Corp. said Monday that it has received a new yearly order from a long-time central bank customer and therefore expects to beat market forecasts for this year.
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EDF's Pod Point Considers London IPO
U.K. electric-vehicle-charger provider Pod Point said Monday that it is considering an initial public offering on the London Stock Exchange.
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Harmony Energy Income Trust Intends to Raise GBP230 Mln in London IPO
Harmony Energy Income Trust PLC said Monday that it intends to float on the London Stock Exchange, with the fund targeting an initial placing and offer of up to 230 million new shares at a price of 100 pence each.
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Tungsten West to Raise GBP39 Mln in London IPO
Tungsten West said Monday that it has secured a 39 million-pound ($53.1 million) fundraising as part of its initial public offering in London.
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Pantheon Infrastructure to List on London's Main Market
Pantheon Infrastructure PLC said Monday that it plans to list on London's main market and that it expects to raise 300 million pounds ($408.5 million) via a placing, a subscription, and an intermediaries offer on admission.
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Autins Shares Rise as Shareholder Increases Stake to 11.99%
Shares in Autins Group plc rose Monday after Braveheart Investment Group PLC said that it has increased its stake in the company to 11.99%.
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Highway Capital Agrees to Reverse Takeover of Guinevere Capital
Highway Capital PLC said Monday that it has agreed to acquire Guinevere Capital Esports & Entertainment, a sports and esports investment and advisory firm, via a reverse takeover.
Market Talk:
Bearish Momentum on UK Gilts Looks Set to Continue
1255 GMT - A fresh wave of selling is driving U.K. sovereign bond prices lower and yields higher Monday, with no signs of a reversal in sight, says Mizuho. "The bearish momentum is proving difficult to overcome," analysts at the bank say. Mizuho's positioning indicators show a "sizable" investor base selling U.K. sovereign bonds in the expectation that prices will fall further. "Relative to other markets we don't see particularly good risk-reward in Gilt longs," the analysts say, adding that tentative market moves are likely at least until the November's Monetary Policy Committee policy meeting. Meanwhile new supply of gilts keeps coming, with next Green Gilt bond likely to be launched on Oct. 19, they add.
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Senior PLC's 3Q Update Unlikely to Affect 2021 Consensus Forecasts
1151 GMT - Senior PLC's third-quarter update provided no surprises, Jefferies says. Consensus estimates for the U.K.-based engineering company aren't likely to change much following the update: pretax profit and EPS forecasts are in good shape, while projections on net debt are sensibly positioned, the bank says. There might just be some tweaking in division forecasts within consensus, it says. "Looking out to 2022 forecasts there are plenty of moving parts to consider (particularly at the moment) on the cost side, but we remain confident that the group's recovery is well-set, and top line momentum should be strong," Jefferies says. The bank has a buy rating on the stock, with a 200 pence target price.
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BOE Policy Comments Raise Alert of Looming Interest Rate Rises, says Societe Generale
1131 GMT - U.K. markets have opened this week on alert for early interest rate increases, says Societe Generale. Comments by Governor Andrew Bailey and policymaker Michael Saunders over the weekend stressing the risk of higher inflation and backing market pricing of expectations of increased interest rates this year "poured further fuel on the fire," says Societe Generale's Brian Hilliard. Still, he thinks the market forecasts of a November move are premature because the government and the markets seem to be ignoring the potential damage to activity from the energy situation. The French bank expects to review its current forecast of no rate increase until August 22 after this week's labour and GDP data because it looks "increasingly over-cautious," he adds.
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Just Eat Takeaway Likely to Start Strategic Review of US Business
1116 GMT - Just Eat Takeaway needs to show it can adapt at its upcoming capital markets day, which could include a strategic review of its US business, Jefferies says. The food-delivery platform needs to show it understands delivery, rather than the gross value of its marketplace, is now key and adopt a clear view on grocery delivery, Jefferies says. Just Eat only completed its acquisition of US business Grubhub in June but Jefferies notes Grubhub founder Matt Maloney is already departing. "The balance of probability suggests that the US is now non-core and will be put into strategic review," the investment bank says, suggesting the company will exit all non-Tier 1 markets. However, Jefferies says the company is likely to deliver good third-quarter growth.
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ArcelorMittal Seen Posting Record Earnings
1108 GMT - ArcelorMittal is expected to deliver a record third quarter, with Ebitda of $6.24 billion, up 24% quarter-on-quarter, Jefferies says. The steel maker should sound a confident tone on the medium-term outlook, despite slowing automotive demand, the brokerage says. Jefferies forecasts a 14% drop in Ebitda in the final quarter of the year, however, as any incremental strength in Europe and the Nafta region will be offset by the company's seaborne and ACIS production segments. ArcelorMittal reports earnings on Nov. 11. Jefferies confirms its buy rating with a EUR40 target price. Shares rise 4.6% to EUR26.29.
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Entain Investors Wonder Whether Upbeat Bid Is Likely
1026 GMT - Entain's share-price retreat implies skepticism on the part of investors over whether an attractive takeover bid is likely, says Peel Hunt ahead of the betting company's third-quarter trading update. While M&A discussions with DraftKings continue, the update is likely to prove a sideshow, Peel says. "Retail is recovering, but we expect a tough comparative and regulatory changes to hold back online growth," Peel analysts say. "There's an appealing long-term opportunity for Entain, but we want to see the 3Q statement before turning more positive. We reiterate our hold recommendation and 2,300 pence target price." Shares drop 0.8% to 2,115 pence.
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Anglo American's Earnings Momentum Seen as Cusp of Turning Positive
1023 GMT - Anglo American's commodity mix has been a headwind in recent months as iron ore and platinum group metals prices have sharply declined from their peaks of earlier this year, and the miner has been on a declining mark-to-market earnings trend, Jefferies says. However, platinum group prices should begin to recover when the global chip shortage eases; copper, nickel and diamond prices should rise in 2022; and most of the damage in iron ore prices is done, Jefferies forecasts. The bank says that Anglo American is now its top mining pick in the U.K., replacing Glencore.
Contact: London NewsPlus, Dow Jones Newswires; Write to Sarka Halas at sarka.halas@wsj.com
(END) Dow Jones Newswires
October 11, 2021 09:11 ET (13:11 GMT)
DJ FTSE 100 Closes up on Financials, Resources Outperformance
The FTSE 100 closed up 0.7% on Monday, largely due to outperformance in financial and basic resource stocks. Rising aluminum and copper prices helped push mining companies higher, while oil prices hitting more than $80 a barrel gave a lift to oil stocks, CMC Markets UK chief market analyst Michael Hewson says. U.K. yields also sharply rose as investors priced in the prospect of a Bank of England rate rise by the year-end, which boosted banks as investors hope to see improvements in net interest margins. Meanwhile, higher costs and rising inflation wieghed on the likes of retailers, with JD Sports Fashion PLC, Tesco PLC and Ocado Group PLC underperforming.
Companies News:
Equals Group Revenue Increased in 3Q
Equals Group PLC said Monday that its revenue for the third quarter of 2021 increased amid strong demand for its services.
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Argentex Expects Higher 1H Revenue
Argentex Group PLC said Monday it expects revenue to increase 33% for the first half of fiscal year 2022 as client trading volumes recovered.
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Intercede Group 1H 2022 Revenue Boosted by New Orders
Intercede Group PLC said Monday that revenue for the first half of fiscal 2022 was up 9% on a constant currency basis compared with the same period last year, reflecting orders from both new and existing customers.
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Civitas Social Housing Says Performance Remains in Line With Views
Civitas Social Housing PLC said Monday that its assets and revenue continue to perform in line with expectations, and reaffirmed its dividend target for fiscal 2022.
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Spectra Systems Gets New Order; Expects to Beat 2021 Market Forecasts
Spectra Systems Corp. said Monday that it has received a new yearly order from a long-time central bank customer and therefore expects to beat market forecasts for this year.
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EDF's Pod Point Considers London IPO
U.K. electric-vehicle-charger provider Pod Point said Monday that it is considering an initial public offering on the London Stock Exchange.
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Harmony Energy Income Trust Intends to Raise GBP230 Mln in London IPO
Harmony Energy Income Trust PLC said Monday that it intends to float on the London Stock Exchange, with the fund targeting an initial placing and offer of up to 230 million new shares at a price of 100 pence each.
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Tungsten West to Raise GBP39 Mln in London IPO
Tungsten West said Monday that it has secured a 39 million-pound ($53.1 million) fundraising as part of its initial public offering in London.
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Pantheon Infrastructure to List on London's Main Market
Pantheon Infrastructure PLC said Monday that it plans to list on London's main market and that it expects to raise 300 million pounds ($408.5 million) via a placing, a subscription, and an intermediaries offer on admission.
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Autins Shares Rise as Shareholder Increases Stake to 11.99%
Shares in Autins Group plc rose Monday after Braveheart Investment Group PLC said that it has increased its stake in the company to 11.99%.
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Highway Capital Agrees to Reverse Takeover of Guinevere Capital
Highway Capital PLC said Monday that it has agreed to acquire Guinevere Capital Esports & Entertainment, a sports and esports investment and advisory firm, via a reverse takeover.
Market Talk:
Bearish Momentum on UK Gilts Looks Set to Continue
1255 GMT - A fresh wave of selling is driving U.K. sovereign bond prices lower and yields higher Monday, with no signs of a reversal in sight, says Mizuho. "The bearish momentum is proving difficult to overcome," analysts at the bank say. Mizuho's positioning indicators show a "sizable" investor base selling U.K. sovereign bonds in the expectation that prices will fall further. "Relative to other markets we don't see particularly good risk-reward in Gilt longs," the analysts say, adding that tentative market moves are likely at least until the November's Monetary Policy Committee policy meeting. Meanwhile new supply of gilts keeps coming, with next Green Gilt bond likely to be launched on Oct. 19, they add.
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Senior PLC's 3Q Update Unlikely to Affect 2021 Consensus Forecasts
1151 GMT - Senior PLC's third-quarter update provided no surprises, Jefferies says. Consensus estimates for the U.K.-based engineering company aren't likely to change much following the update: pretax profit and EPS forecasts are in good shape, while projections on net debt are sensibly positioned, the bank says. There might just be some tweaking in division forecasts within consensus, it says. "Looking out to 2022 forecasts there are plenty of moving parts to consider (particularly at the moment) on the cost side, but we remain confident that the group's recovery is well-set, and top line momentum should be strong," Jefferies says. The bank has a buy rating on the stock, with a 200 pence target price.
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BOE Policy Comments Raise Alert of Looming Interest Rate Rises, says Societe Generale
1131 GMT - U.K. markets have opened this week on alert for early interest rate increases, says Societe Generale. Comments by Governor Andrew Bailey and policymaker Michael Saunders over the weekend stressing the risk of higher inflation and backing market pricing of expectations of increased interest rates this year "poured further fuel on the fire," says Societe Generale's Brian Hilliard. Still, he thinks the market forecasts of a November move are premature because the government and the markets seem to be ignoring the potential damage to activity from the energy situation. The French bank expects to review its current forecast of no rate increase until August 22 after this week's labour and GDP data because it looks "increasingly over-cautious," he adds.
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Just Eat Takeaway Likely to Start Strategic Review of US Business
1116 GMT - Just Eat Takeaway needs to show it can adapt at its upcoming capital markets day, which could include a strategic review of its US business, Jefferies says. The food-delivery platform needs to show it understands delivery, rather than the gross value of its marketplace, is now key and adopt a clear view on grocery delivery, Jefferies says. Just Eat only completed its acquisition of US business Grubhub in June but Jefferies notes Grubhub founder Matt Maloney is already departing. "The balance of probability suggests that the US is now non-core and will be put into strategic review," the investment bank says, suggesting the company will exit all non-Tier 1 markets. However, Jefferies says the company is likely to deliver good third-quarter growth.
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ArcelorMittal Seen Posting Record Earnings
1108 GMT - ArcelorMittal is expected to deliver a record third quarter, with Ebitda of $6.24 billion, up 24% quarter-on-quarter, Jefferies says. The steel maker should sound a confident tone on the medium-term outlook, despite slowing automotive demand, the brokerage says. Jefferies forecasts a 14% drop in Ebitda in the final quarter of the year, however, as any incremental strength in Europe and the Nafta region will be offset by the company's seaborne and ACIS production segments. ArcelorMittal reports earnings on Nov. 11. Jefferies confirms its buy rating with a EUR40 target price. Shares rise 4.6% to EUR26.29.
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Entain Investors Wonder Whether Upbeat Bid Is Likely
1026 GMT - Entain's share-price retreat implies skepticism on the part of investors over whether an attractive takeover bid is likely, says Peel Hunt ahead of the betting company's third-quarter trading update. While M&A discussions with DraftKings continue, the update is likely to prove a sideshow, Peel says. "Retail is recovering, but we expect a tough comparative and regulatory changes to hold back online growth," Peel analysts say. "There's an appealing long-term opportunity for Entain, but we want to see the 3Q statement before turning more positive. We reiterate our hold recommendation and 2,300 pence target price." Shares drop 0.8% to 2,115 pence.
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Anglo American's Earnings Momentum Seen as Cusp of Turning Positive
1023 GMT - Anglo American's commodity mix has been a headwind in recent months as iron ore and platinum group metals prices have sharply declined from their peaks of earlier this year, and the miner has been on a declining mark-to-market earnings trend, Jefferies says. However, platinum group prices should begin to recover when the global chip shortage eases; copper, nickel and diamond prices should rise in 2022; and most of the damage in iron ore prices is done, Jefferies forecasts. The bank says that Anglo American is now its top mining pick in the U.K., replacing Glencore.
Contact: London NewsPlus, Dow Jones Newswires; Write to Sarka Halas at sarka.halas@wsj.com
(END) Dow Jones Newswires
October 11, 2021 11:54 ET (15:54 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
DJ富时指数上涨,英国退欧逆风拖累2022年英镑
2022年英国退欧逆风拖累英镑
美国银行(Bank Of America)表示,英国退欧的经济影响正在明朗化,市场似乎将在2022年更多地关注这一问题,令英镑承压。美国银行分析师表示,英国不仅要应对全球能源价格上涨和供应链问题,而且要应对由于英国退欧而带来的“特殊冲击”。分析人士表示:“大流行可能为英国退欧相关的逆风提供了一些掩护,但随着明年全球供应链压力的缓解,我们认为英国很难轻易对持续的供应链问题不屑一顾。”他们表示,由于英国退欧的影响,英国央行可能不得不控制一些市场对加息的预期。
公司新闻:
EQUALS集团第三季度收入增长
Equals Group PLC周一表示,由于市场对其服务的需求强劲,该公司2021年第三季度的收入有所增长。
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阿根廷出口公司预计上半年收入增加
阿根廷集团周一表示,随着客户交易量的回升,预计2022财年上半年营收将增长33%。
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Interinterde Group 1H 2022收入受新订单提振
Intercede Group PLC周一表示,按固定汇率计算,2022财年上半年营收同比增长9%,反映出来自新老客户的订单。
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Civitas Social Housing表示,业绩保持与观点一致
Civitas Social Housing PLC周一表示,其资产和收入继续符合预期,并重申了2022财年的股息目标。
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SPECTRUM系统公司获得新订单,有望超过2021年市场预测
SPECTRUM系统公司周一说,它收到了央行一位长期客户的新年度订单,因此预计今年的业绩将超过市场预期。
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EDF的Pod Point考虑在伦敦首次公开募股
英国电动汽车充电器供应商Pod Point周一表示,正在考虑在伦敦证券交易所(London Stock Exchange)进行首次公开募股(IPO)。
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Harmonity Energy Income Trust打算在伦敦首次公开募股(IPO)筹集2.3亿英镑
Harmonity Energy Income Trust PLC周一表示,计划在伦敦证券交易所(London Stock Exchange)上市,该基金的目标是以每股100便士的价格首次配售和发行至多2.3亿股新股。
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钨西部公司将在伦敦首次公开募股(IPO)筹集3900万英镑
钨西部公司周一表示,作为其在伦敦首次公开募股(IPO)的一部分,它已经获得了3900万英镑(5310万美元)的融资。
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万神殿基础设施将在伦敦主要市场上市
万神殿基础设施公司(Pantheon Infrastructure PLC)周一表示,计划在伦敦主要市场上市,预计将通过配售、认购和入场时的中介报价筹集3亿英镑(约合4.085亿美元)。
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Autins股价上涨,股东增持股份至11.99%
Autins Group plc的股价周一上涨,此前BraveHeart Investment Group PLC表示,已将其在该公司的持股比例提高至11.99%。
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公路资本同意反向收购Guinevere Capital
Highway Capital PLC周一表示,已同意通过反向收购收购体育和体育投资和咨询公司Guinevere Capital eSports&Entertainment。
市场讨论:
看跌英国国债的势头似乎将持续下去
1255GMT-瑞穗表示,周一,新一波抛售浪潮正在推动英国主权债券价格走低,收益率走高,目前还看不到逆转的迹象。该行分析师表示:“事实证明,看跌势头难以克服。”瑞穗的仓位指标显示,在预期价格将进一步下跌的情况下,有“相当大”的投资者基础在抛售英国主权债券.分析师们表示:“与其他市场相比,我们看不到Gilt Long的风险回报特别好。”他们补充说,至少在11月的货币政策委员会(Monetary Policy Committee)政策会议之前,市场可能会出现试探性的波动。他们补充说,与此同时,新的金边债券供应不断涌现,下一只绿色金边债券可能会在10月19日发行。
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PLC第三季度更新不太可能影响2021年共识预测
格林威治时间1151-Jefferies表示,Advanced PLC第三季度的更新没有提供任何惊喜。该行说,对这家总部位于英国的工程公司的普遍预期不太可能在更新后发生太大变化:税前利润和每股收益预期良好,而对净债务的预测定位合理。它表示,可能只是在达成共识的情况下对部门预测进行了一些调整。杰富瑞(Jefferies)表示:“展望2022年的预测,在成本方面(尤其是在目前),有很多因素需要考虑,但我们仍然相信,该集团的复苏已经做好了准备,营收势头应该会很强劲。”该银行对该股的评级为买入,目标价为200便士。
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法国兴业银行(Societe Generale)表示,英国央行政策评论提高了利率即将上升的警报
格林威治时间1131GMT-法国兴业银行(Societe Generale)表示,英国市场本周开盘对提前加息保持警惕。法国兴业银行(Societe Generale)的布莱恩·希利亚德(Brian Hilliard)表示,行长安德鲁·贝利(Andrew Bailey)和政策制定者迈克尔·桑德斯(Michael Saunders)上周末的言论强调了通胀上升的风险,并支持市场对今年加息预期的定价,“进一步火上浇油”。尽管如此,他认为市场对11月份加息的预测还为时过早,因为政府和市场似乎忽视了能源形势对经济活动的潜在损害。他补充称,在本周公布劳动力和GDP数据后,这家法国银行预计将在8月22日之前重新评估目前不加息的预测,因为该行看起来“越来越过于谨慎”。
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只吃外卖可能启动美国商业战略评估
1116GMT-杰富瑞(Jefferies)表示,Just Eat Akeaway需要在即将到来的资本市场日展示其适应能力,其中可能包括对其美国业务进行战略评估。Jefferies表示,送餐平台需要表现出它理解送货,而不是市场的总价值,现在是关键,并对食品杂货送货采取明确的看法。Just Eat在6月份才完成对美国企业GrubHub的收购,但杰富瑞指出,GrubHub创始人马特·马洛尼(Matt Maloney)已经离职。这家投行表示:“可能性平衡表明,美国现在属于非核心市场,将被纳入战略评估。”他暗示,该公司将退出所有非一级市场。然而,杰富瑞表示,该公司可能会在第三季度实现良好的增长。
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安赛乐米塔尔(ArcelorMittal)公布创纪录的收益
格林威治时间1108-杰富瑞表示,安赛乐米塔尔预计将实现创纪录的第三季度业绩,EBITDA为62.4亿美元,环比增长24%。该经纪公司表示,尽管汽车需求放缓,但这家钢铁制造商应该会对中期前景充满信心。然而,杰富瑞预计今年第四季度EBITDA将下降14%,因为欧洲和北美自由贸易协定地区的任何增量增长都将被该公司的海运和ACIS生产部门所抵消。安赛乐米塔尔将于11月11日公布财报。杰富瑞(Jefferies)确认其买入评级,目标价为40欧元。该公司股价上涨4.6%,至26.29欧元。
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吸引投资者怀疑乐观的出价是否可能
格林威治时间1026时-在博彩公司Entain公布第三季度交易更新之前,Peel Hunt表示,Entain的股价下跌意味着投资者对是否有可能提出有吸引力的收购要约持怀疑态度。皮尔说,虽然与DraftKings的并购谈判仍在继续,但最新消息可能会被证明是一场杂耍。皮尔分析师表示:“零售业正在复苏,但我们预计,艰难的比较和监管改革将抑制在线业务的增长。”“对Entain来说,这是一个有吸引力的长期机会,但我们希望看到第三季度的声明,然后再变得更加积极。我们重申我们的持有建议和2300便士的目标价格。”该公司股价下跌0.8%,至2115便士。
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英美资源集团盈利势头被视为转正的临界点
格林威治时间1023-杰富瑞(Jefferies)表示,近几个月来,英美资源集团(Anglo American)的大宗商品组合一直是一个逆风,因为铁矿石和铂族金属价格从今年早些时候的峰值大幅下跌,而且这家矿商的收益一直处于按市值计价的下降趋势。然而,杰富瑞(Jefferies)预测,当全球芯片短缺缓解时,铂族价格应该会开始复苏;铜、镍和钻石价格应该会在2022年上涨;铁矿石价格的大部分损害已经造成。该银行说,英美资源集团(Anglo American)现在取代嘉能可(Glencore),成为其在英国的首选矿业公司。
联系方式:伦敦NewSplus,道琼斯通讯社;写信给Sarka Halas,电子邮件:sarka.halas@wsj.com
(完)道琼通讯社
2021年10月11日东部时间09:11(格林尼治标准时间13:11)
DJ富时100指数收于金融类股,资源类股表现优异
英国富时100指数周一收涨0.7%,很大程度上归因于金融和基本资源类股表现出众。CMC Markets UK首席市场分析师迈克尔·休森(Michael Hewson)表示,不断上涨的铝和铜价帮助推动矿业公司走高,而油价触及每桶80美元以上提振了石油类股。英国收益率也大幅上涨,因投资者消化了英国央行(Bank Of England)年底前加息的前景,这提振了银行,因为投资者希望看到净息差改善。与此同时,成本上升和通胀上升对零售商等公司造成了影响,JD Sports Fashion PLC、乐购(Tesco PLC)和Ocado Group PLC表现不佳。
公司新闻:
EQUALS集团第三季度收入增长
Equals Group PLC周一表示,由于市场对其服务的需求强劲,该公司2021年第三季度的收入有所增长。
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阿根廷出口公司预计上半年收入增加
阿根廷集团周一表示,随着客户交易量的回升,预计2022财年上半年营收将增长33%。
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Interinterde Group 1H 2022收入受新订单提振
Intercede Group PLC周一表示,按固定汇率计算,2022财年上半年营收同比增长9%,反映出来自新老客户的订单。
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Civitas Social Housing表示,业绩保持与观点一致
Civitas Social Housing PLC周一表示,其资产和收入继续符合预期,并重申了2022财年的股息目标。
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SPECTRUM系统公司获得新订单,有望超过2021年市场预测
SPECTRUM系统公司周一说,它收到了央行一位长期客户的新年度订单,因此预计今年的业绩将超过市场预期。
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EDF的Pod Point考虑在伦敦首次公开募股
英国电动汽车充电器供应商Pod Point周一表示,正在考虑在伦敦证券交易所(London Stock Exchange)进行首次公开募股(IPO)。
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Harmonity Energy Income Trust打算在伦敦首次公开募股(IPO)筹集2.3亿英镑
Harmonity Energy Income Trust PLC周一表示,计划在伦敦证券交易所(London Stock Exchange)上市,该基金的目标是以每股100便士的价格首次配售和发行至多2.3亿股新股。
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钨西部公司将在伦敦首次公开募股(IPO)筹集3900万英镑
钨西部公司周一表示,作为其在伦敦首次公开募股(IPO)的一部分,它已经获得了3900万英镑(5310万美元)的融资。
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万神殿基础设施将在伦敦主要市场上市
万神殿基础设施公司(Pantheon Infrastructure PLC)周一表示,计划在伦敦主要市场上市,预计将通过配售、认购和入场时的中介报价筹集3亿英镑(约合4.085亿美元)。
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Autins股价上涨,股东增持股份至11.99%
Autins Group plc的股价周一上涨,此前BraveHeart Investment Group PLC表示,已将其在该公司的持股比例提高至11.99%。
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公路资本同意反向收购Guinevere Capital
Highway Capital PLC周一表示,已同意通过反向收购收购体育和体育投资和咨询公司Guinevere Capital eSports&Entertainment。
市场讨论:
看跌英国国债的势头似乎将持续下去
1255GMT-瑞穗表示,周一,新一波抛售浪潮正在推动英国主权债券价格走低,收益率走高,目前还看不到逆转的迹象。该行分析师表示:“事实证明,看跌势头难以克服。”瑞穗的仓位指标显示,在预期价格将进一步下跌的情况下,有“相当大”的投资者基础在抛售英国主权债券.分析师们表示:“与其他市场相比,我们看不到Gilt Long的风险回报特别好。”他们补充说,至少在11月的货币政策委员会(Monetary Policy Committee)政策会议之前,市场可能会出现试探性的波动。他们补充说,与此同时,新的金边债券供应不断涌现,下一只绿色金边债券可能会在10月19日发行。
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PLC第三季度更新不太可能影响2021年共识预测
格林威治时间1151-Jefferies表示,Advanced PLC第三季度的更新没有提供任何惊喜。该行说,对这家总部位于英国的工程公司的普遍预期不太可能在更新后发生太大变化:税前利润和每股收益预期良好,而对净债务的预测定位合理。它表示,可能只是在达成共识的情况下对部门预测进行了一些调整。杰富瑞(Jefferies)表示:“展望2022年的预测,在成本方面(尤其是在目前),有很多因素需要考虑,但我们仍然相信,该集团的复苏已经做好了准备,营收势头应该会很强劲。”该银行对该股的评级为买入,目标价为200便士。
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法国兴业银行(Societe Generale)表示,英国央行政策评论提高了利率即将上升的警报
格林威治时间1131GMT-法国兴业银行(Societe Generale)表示,英国市场本周开盘对提前加息保持警惕。法国兴业银行(Societe Generale)的布莱恩·希利亚德(Brian Hilliard)表示,行长安德鲁·贝利(Andrew Bailey)和政策制定者迈克尔·桑德斯(Michael Saunders)上周末的言论强调了通胀上升的风险,并支持市场对今年加息预期的定价,“进一步火上浇油”。尽管如此,他认为市场对11月份加息的预测还为时过早,因为政府和市场似乎忽视了能源形势对经济活动的潜在损害。他补充称,在本周公布劳动力和GDP数据后,这家法国银行预计将在8月22日之前重新评估目前不加息的预测,因为该行看起来“越来越过于谨慎”。
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只吃外卖可能启动美国商业战略评估
1116GMT-杰富瑞(Jefferies)表示,Just Eat Akeaway需要在即将到来的资本市场日展示其适应能力,其中可能包括对其美国业务进行战略评估。Jefferies表示,送餐平台需要表现出它理解送货,而不是市场的总价值,现在是关键,并对食品杂货送货采取明确的看法。Just Eat在6月份才完成对美国企业GrubHub的收购,但杰富瑞指出,GrubHub创始人马特·马洛尼(Matt Maloney)已经离职。这家投行表示:“可能性平衡表明,美国现在属于非核心市场,将被纳入战略评估。”他暗示,该公司将退出所有非一级市场。然而,杰富瑞表示,该公司可能会在第三季度实现良好的增长。
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安赛乐米塔尔(ArcelorMittal)公布创纪录的收益
格林威治时间1108-杰富瑞表示,安赛乐米塔尔预计将实现创纪录的第三季度业绩,EBITDA为62.4亿美元,环比增长24%。该经纪公司表示,尽管汽车需求放缓,但这家钢铁制造商应该会对中期前景充满信心。然而,杰富瑞预计今年第四季度EBITDA将下降14%,因为欧洲和北美自由贸易协定地区的任何增量增长都将被该公司的海运和ACIS生产部门所抵消。安赛乐米塔尔将于11月11日公布财报。杰富瑞(Jefferies)确认其买入评级,目标价为40欧元。该公司股价上涨4.6%,至26.29欧元。
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吸引投资者怀疑乐观的出价是否可能
格林威治时间1026时-在博彩公司Entain公布第三季度交易更新之前,Peel Hunt表示,Entain的股价下跌意味着投资者对是否有可能提出有吸引力的收购要约持怀疑态度。皮尔说,虽然与DraftKings的并购谈判仍在继续,但最新消息可能会被证明是一场杂耍。皮尔分析师表示:“零售业正在复苏,但我们预计,艰难的比较和监管改革将抑制在线业务的增长。”“对Entain来说,这是一个有吸引力的长期机会,但我们希望看到第三季度的声明,然后再变得更加积极。我们重申我们的持有建议和2300便士的目标价格。”该公司股价下跌0.8%,至2115便士。
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英美资源集团盈利势头被视为转正的临界点
格林威治时间1023-杰富瑞(Jefferies)表示,近几个月来,英美资源集团(Anglo American)的大宗商品组合一直是一个逆风,因为铁矿石和铂族金属价格从今年早些时候的峰值大幅下跌,而且这家矿商的收益一直处于按市值计价的下降趋势。然而,杰富瑞(Jefferies)预测,当全球芯片短缺缓解时,铂族价格应该会开始复苏;铜、镍和钻石价格应该会在2022年上涨;铁矿石价格的大部分损害已经造成。该银行说,英美资源集团(Anglo American)现在取代嘉能可(Glencore),成为其在英国的首选矿业公司。
联系方式:伦敦NewSplus,道琼斯通讯社;写信给Sarka Halas,电子邮件:sarka.halas@wsj.com
(完)道琼通讯社
2021年10月11日东部时间11:54(格林尼治标准时间15:54)
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