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Top News In அல்லாத நிர்வாகி துணை நாற்காலி ஜான் மான் Today - Breaking & Trending Today

Royal Mail poised to replace Renishaw in return to FTSE 100


Royal Mail poised to replace Renishaw in return to FTSE 100
Wed, 26th May 2021 07:28
(Alliance News) - FTSE Russell late Tuesday indicated that, ahead of next week s quarterly UK index review, Royal Mail PLC could re-join the FTSE 100, replacing up-for-sale Renishaw PLC.
Based on data from Friday last week, FTSE Russell said that Royal Mail could rise back into the FTSE 100 index in the review to be unveiled after the market close next Wednesday. Royal Mail dropped out of the blue-chip index for a second time in December 2018, and has remained in the mid-cap FTSE 250 ever since.
Meanwhile, Renishaw could drop out of the large-cap index. ....

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TOP NEWS SUMMARY: US Senate to debate stimulus; OPEC to meet on output


TOP NEWS SUMMARY: US Senate to debate stimulus; OPEC to meet on output
Tue, 2nd Mar 2021 11:00
(Alliance News) - The following is a summary of top news stories Tuesday.
COMPANIES
Ashtead guided to full-year results ahead of previous expectations. The equipment rental firm said that in the third quarter, underlying rental revenue was down 1% at GBP1.08 billion, with underlying pretax profit down 10% to GBP225 million. Statutory revenue was down 1% to GBP1.21 billion for the third quarter and down 2% to GBP3.76 billion for the nine-month period to January 31. Statutory pretax profit was down 4% to GBP210 million in the third quarter and down 17% to GBP716 million in the nine months. This performance illustrates the successful execution of our long-term strategy, which we embarked upon after the last recession, to broaden and diversify our end markets and strengthen our balance sheet. This has enabled us to capitalise on our increasing scale while, at the same time, ....

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