FTSE 100 Seen Sharply Lower on Fed Rate Hike Fears - News Summed Up

FTSE 100 Seen Sharply Lower on Fed Rate Hike Fears


FTSE 100 Seen Opening Lower as Traders Await BOE, Fed Decisions0635 GMT - The FTSE 100 is expected to open lower as investors look ahead to policy decisions by the Federal Reserve and Bank of England later in the week. ---Gateley Sees FY 2022 Revenue, Pretax Profit Ahead of Market ViewsGateley (Holdings) PLC said Monday that revenue and pretax profit for fiscal 2022 are expected to be above market expectations as recruitment returns to normal levels. ---Randall & Quilter to Raise $100 Mln in Placing, Open Offer and SubscriptionRandall & Quilter Investment Holdings Ltd. said Monday that it intends to raise up to 81.2 million pounds ($100 million) through a share placing, open offer and management subscription to deleverage its balance sheet. ---Somero Sees 2022 Revenue, Profit, in Line With ViewsSomero Enterprises Inc. said Monday that it currently expects revenue, profit and cash generation to be in-line with its 2022 guidance as the non-residential construction market remained positive. Contact: London NewsPlus; paul.larkins@wsj.com(END) Dow Jones NewswiresJune 13, 2022 03:08 ET (07:08 GMT)Copyright (c) 2022 Dow Jones & Company, Inc.


Source: Wall Street Journal June 13, 2022 07:35 UTC



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