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FTSE 100 closes down as Wall Street remains in the red but rebounds from earlier low
Wall Street recovered from earlier lows but still remain in negative territory
Company
Smith & Nephew PLC
LON:SN.
Smith & Nephew develops advanced medical devices for healthcare professionals around the world
147 stories · page 5 of 8
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Glencore reports first quarter production in wake of freeze orders served on DRC assets
The day ahead includes quarterly updates from Glencore and Smith & Nephew
Smith & Nephew gets a leg-up as UBS ups its rating to ‘buy’ from ‘neutral’, spotlighting its robotic systems
UBS’s analysts said: “Our 200 surgeon UBS Evidence Lab survey suggests the industry shift towards robotic systems is both rapid and inevitable, allowing Smith & Nephew to take share from those yet to launch a system”
FTSE 100 closes firmly higher despite disappointing service sector stats
The UK bluechip-benchmark closed over 165 points higher at 7,199, while the FTSE 250 added over 311 points at 19,576
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British Airways owner IAG and rival easyJet expected to continue March airline traffic boost
The day ahead includes March traffic from blue chip airlines easyJet PLC and British Airways owner International Airlines Group PLC, plus a trading update from Electrocomponents PLC
Smith & Nephew says former Alere boss, Namal Nawana to join as chief executive from next month
Nawana was most recently chief executive of medical diagnostics company Alere, overseeing its US$5.3bn acquisition by Abbott Laboratories in 2017
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Topps Tiles, IAG, easyJet, Electrocomponents and US jobs in focus after Easter break
The week ahead includes interims from Topps Tiles, traffic statistics from easyJet and IAG, a trading statement from Electrocomponents and the US non-farm payrolls report
Flying Brands lifts off as it confirms advanced talks regarding a North American acquisition
A look at some of the biggest risers and falls on the London market today
Knee implants helped revenues and profits to kick in at Smith & Nephew last year
In the 12 months ended December 31 revenues grew 2% to US$4.77bn, while operating profits jumped 16% to US$934mln
Investments and investor services
FTSE 100 closes firmly lower as strong pound weighs
The FTSE 100 index – which is chock full of dollar earners – closed around 108 points lower at 7,170
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Smith & Nephew, Bellway and Compass to provide Thursday’s City highlights
Smith & Nephew, Bellway Plc and Compass are on the Thursday's agenda.
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Bank of England rate decision eyed, plus numbers from blue chips BP and Glaxo in coming week
After November's hike, another UK rate rise is unlikely this month, although some Bank of England MPC members may vote for a rise after a unanimous vote in December
Smith & Nephew tops blue chip risers after JP Morgan upgrade
The recent tax reforms and weakening of the US dollar add a combined 10% to JPM’s earnings per share forecasts, while the prospects of a new boss, margin expansion and a possible share buyback mean there are plenty of catalysts ahead
Smith & Nephew updates guidance regarding expected US corporate tax rate following recent changes
The FTSE 100 listed group it now expects a corporate tax rate on its 2018 trading results in the range 20% to 21% for the medium term, barring any changes to tax legislation or other one-off items
Smith & Nephew buys Rotation Medical for US$125mln
Smith & Nephew will pay US$125mln for Rotation Medical plus up to a further US$85mln over the next five years, contingent on financial performance
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Proactive news snapshot: Rose Petroleum, LEKOIL, Diversified Gas & Oil …
A glance at some of the day's highlights from the Proactive Investors newswire
Smith & Nephew says full year growth to be at lower end of guidance range
Outgoing Smith & Nephew chief executive Olivier Bohuon said third quarter revenue was in line with its expectations
FTSE 100 closes at new high
The index of blue-chip shares was up 4 points to 7,554 around 3.50pm
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Friday set to be a quiet one in London, US jobs data the only game in town
Informa and Smith & Nephew are the only London-listed companies with any scheduled news due, so all eyes will turn to economic data
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Interest rate decisions in the UK and US could spook investors in Halloween week
Week ahead includes interest rate decisions from the Bank of England and the US Federal Reserve, as well as updates from HSBC, BT, Next, BP, and Royal Dutch Shell