Nucor earnings beat by $0.08, revenue fell short of estimates
(Adds company news items and futures)
April 9 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 30
points lower at 5,707 on Thursday, according to financial bookmakers, with
futures up 1.40% ahead of the cash market open.
* REDROW: UK homebuilder Redrow RDW.L said it has put 80% of its workforce
on government-sponsored furloughs amid the coronavirus pandemic, and has been
approved as an issuer in the government's emergency COVID financing scheme.
* NAKED WINE: UK-based online wine seller Naked Wine WINEW.L said demand
has risen during the coronavirus lockdown, and it now expects to top its 2020
sales forecast. * TRAINLINE: Rail and coach ticketing company Trainline TRNT.L said it
would cut its monthly operating costs and capital expenditure to 8-9 million
pounds to help weather an extended downturn caused by the coronavirus, which has
seen government advise against non-essential travel. * DIAGEO: Diageo Plc DGE.L , the world's largest spirits maker, said on
Thursday it would withdraw outlook on its sales and operating profit growth and
suspend capital returns programme for the rest of the year in response to the
coronavirus pandemic. * ENQUEST: British North Sea oil and gas producer EnQuest ENQ.L cut its
operating costs by a further $40 million to $335 million from previous guidance
and senior management will take a voluntary 20% pay cut to weather an oil price
slump, it said. * MONDI: Paper and packaging firm Mondi MNDI.L will not pay a final
dividend for 2019, it said, as it cuts costs and capital spending after seeing a
deterioration in its order book in Europe and South Africa from the end of
March. * GOLD: Gold prices inched higher on Thursday on a weak dollar amid
improving risk sentiment on hopes that the novel coronavirus pandemic is nearing
a peak. * OIL: Crude futures rose on Thursday on expectations the world's largest
oil producers would agree to cut production at a meeting later in the day as the
industry grapples with the coronavirus-driven collapse in global oil demand.
* The UK blue-chip index .FTSE ended 0.5% lower on Wednesday, as a rising
global death toll crushed hopes that the coronavirus crisis was subsiding, while
insurers took a hit over halts in dividend payments and Tesco warned of a surge
in costs. * For more on the factors affecting European stocks, please click on:
LIVE/
TODAY'S UK PAPERS
> Financial Times PRESS/FT
> Other business headlines PRESS/GB