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LONDON MARKET PRE-OPEN: Vistry raises profit guidance on strong demand

LONDON MARKET PRE-OPEN: Vistry raises profit guidance on strong demand Mon, 17th May 2021 07:52 (Alliance News) - Stock prices in London are seen opening higher on Monday following a strong US close on Friday, as the UK government s road map out of lockdown enters its next stage in England. In early company news, Ryanair swung to an annual loss of more than EUR1 billion. Housebuilder Vistry Group raised its annual profit guidance after strong trading so far this year. Technical products supplier Diploma reinstated its interim dividend after a strong first-half performance. Immunodiagnostic Systems agreed to a GBP110 million takeover offer.

Raytheon says Q1 sales, profit likely above guidance, CFO steps down

Raytheon says Q1 sales, profit likely above guidance, CFO steps down Raytheon Technologies Corp. said late Friday it is likely to report first-quarter results above guidance, and announced that it had a new chief financial officer. Raytheon previously called for first-quarter sales between $14.8 billion and $15.4 billion, and first-quarter adjusted per-share earnings between 70 cents and 75 cents. Based on preliminary results, sales are likely to come in above the guidance’s mid-point, and adjusted EPS is likely to come in between 87 cents and 90 cents, Raytheon said. In the same statement, the company said that Chief Financial Officer Anthony O’Brien has stepped down, and that Neil Mitchill, the vice president of financial planning and investor relations, has been appointed as his replacement. Mitchill will report directly to Chief Executive Officer Greg Hayes. Mitchill was named in 2019 as the acting senior vice president and CFO of United Technologies Corp., a role in which h

BSP grants license to Tonik Digital Bank

December 17, 2020 | 12:02 am Font Size AAA THE BANGKO SENTRAL ng Pilipinas (BSP) approved the application for license of Tonik Digital Bank, Inc. In Circular Letter No. 2020-060, BSP Deputy Governor Chuchi G. Fonacier said the Monetary Board approved the party’s application for a rural bank in the Philippines through Resolution No. 1979 dated Dec. 19, 2019. “The corresponding Certificate of Authority to Operate as a rural bank was issued by the Bangko Sentral ng Pilipinas on 3 September 2020,” Ms. Fonacier said. The lender officially started its local operations on Nov. 25. Tonik Digital Bank is a unit of Singapore-based Tonik Financial headed by founder and Chief Executive Officer Greg Krasnov. The firm also has operations in India.

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