The OrotonGroup Limited (ASX: ORL) share price, and the Quintis Ltd (ASX: QIN) share price will be in focus today, with both shares due to emerge from their respective trading halts.
Here's a quick recap regarding overnight market activity:
- FTSE 100 (UK): up 0.91%
- DAX (Germany): down 0.02%
- CAC 40 (France): down 0.21%
- Dow Jones (USA): down 0.01%
- NASDAQ (USA): up 0.33%
OrotonGroup's shares were entered into a trading halt on Monday after it indicated an earnings guidance downgrade. The company said its April (an important month for the company) figures hadn't been as good as in the previous year, which suggests the shares could be in for a rough day.
Quintis has also been the subject of plenty of news headlines recently. It is expected to make an announcement today regarding the impact of trading conditions on its expected financial results and strategic outlook.
Clydesdale Bank, or CYBG PLC CDI 1:1 (ASX: CYB) as it appears on Google Finance, released its half-year results yesterday afternoon, after the market had closed. The bank reported a stable net interest margin while its underlying profit before tax increased by 15%.
Meanwhile, BHP Billiton Limited (ASX: BHP) could receive some attention after its CEO, Andrew Mackenzie, said that continued delivery of its plan could grow the value of the company by up to 50%, while doubling the return on capital. These plans include further cost reductions, major growth projects and technology programs, amongst other things. Mackenzie was speaking at the Bank of America Merrill Lynch Global Metals, Mining and Steel Conference.
DuluxGroup Limited (ASX: DLX) is also due to report its half-year earnings results today.
Before getting started on your day, be sure to check out these two articles:
