LONDON MARKET PRE-OPEN: AstraZeneca appoints Aradhana Sarin as new CFO
Fri, 4th Jun 2021 07:50
(Alliance News) - Stock prices in London are seen opening marginally higher on Friday as tentative investors look ahead to the key US employment report for May at 1330 BST.
In early company news, Anglo-Swedish drugmaker AstraZeneca appointed the chief financial officer of takeover target Alexion Pharmaceuticals as its own CFO. Power generation company ContourGlobal acquired an asset in Italy. Hipgnosis acquired the catalogue of a Grammy-winning producer.
IG futures indicate the FTSE 100 index is to open 5.65 points higher at 7,070.00. The blue-chip index closed down 43.65 points, or 0.6%, at 7,064.35 on Thursday.
Michael Tran/FilmMagic
Joel Little arrives at the 32nd Annual ASCAP Pop Music Awards held at Lowes Hollywood Hotel on April 29, 2015 in Hollywood, Calif.
The songwriter-producer has also worked on blockbuster songs for Imagine Dragons and Khalid.
Hipgnosis Songs Fund has acquired the lucrative song catalog of Grammy-winning songwriter, producer and musician Joel Little, whose credits include smash hits for Taylor Swift (“You Need to Calm Down, “Me!” feat. Brendon Urie), Khalid (“Young, Dumb & Broke”) Imagine Dragons (“Whatever It Takes”) and Lorde (“Royals”).
According to a release announcing the deal, Little’s songs have been streamed over 15 billion times worldwide. Broken down by year, his catalog brought in a combined $1.316 million in 2017, $2.981 million in 2018 and $4.323 million in 2019. Based on royalty statement revenue in calendar year 2019, 36% of those royalties derived from his writer’s share of income, while 30% came from streaming, 15% c
/PRNewswire/ Grammy® and TONY Award-winner and Academy Award nominated singer-songwriter Cynthia Erivo today announces her debut album of original music as.