The FTSE 100 closed up 0.795% on Wednesday, as European markets bounced back following a climdown by the Italian government on the subject of windfall taxes, IG Group says. ---Bellway Sees Weaker Performance Ahead After Housing Revenue Fell in Line With ViewsBellway has warned of a decrease in home completions in the fiscal year ahead after housing revenue fell in line with guidance in fiscal 2023. ---TP ICAP Pretax Profit Rose, Launches GBP30 Mln Share BuybackTP ICAP Group launched a share buyback program of up to 30 million pounds ($38.2 million) and said it is on track to meet full-year targets after first-half pretax profit rose against strong comparatives. ---4imprint Pretax Profit, Revenue Rose as Customer Demand Reached Record Levels4imprint Group said pretax profit rose for the first half as revenue grew on customer demand reaching record levels, and backed its guidance for the year. ---Hargreaves Services Pretax Profit Fell on Higher CostsHargreaves Services pretax profit for fiscal 2023 fell on higher costs but the outlook for its trading activities is strong, the company said Wednesday.

Source: Wall Street Journal August 09, 2023 16:03 UTC