London Stocks Seen Lower as Inflation Worries Dampen Mood - News Summed Up

London Stocks Seen Lower as Inflation Worries Dampen Mood


London Stocks Seen Opening Lower0645 GMT - The FTSE 100 index is expected to open 28 points lower, according to IG, having closed on Thursday at 7562.92. (jessica.fleetham@wsj.com)Companies News:Vistry Group Starts GBP35 Mln Share BuybackVistry Group PLC said Friday that it is starting a 35 million pounds ($44.1 million) share buyback program to return surplus capital to shareholders. ---Stagecoach Buys East London Bus Operations for GBP20 MlnStagecoach Group PLC said Friday that it is buying the East London bus operations and depot at Lea Interchange from Kelsian Group for 20 million pounds ($25.2 million). ---Caffyns FY 2022 Revenue, Pretax Profit Rose on Buoyant Used-Car MarketCaffyns PLC said Friday that fiscal 2022 pretax profit and revenue increased due to a buoyant used-car market, and that it has declared a dividend for the year. (david.winning@wsj.com)Contact: London NewsPlus; paul.larkins@wsj.com(END) Dow Jones NewswiresMay 27, 2022 03:03 ET (07:03 GMT)Copyright (c) 2022 Dow Jones & Company, Inc.


Source: Wall Street Journal May 27, 2022 07:13 UTC



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