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Wood Group and BHP head proceedings on Tuesday

Published 22/08/2023, 01:00 am
© Reuters.  Wood Group and BHP head proceedings on Tuesday

BHP (ASX:BHP) to update as China property situation deteriorates

It may not be in the FTSE 100 any more, yet final results from BHP Group Ltd (LSE:BHP, ASX:BHP) could still cause ripples around the mining sector.

These numbers should have been a relatively straightforward update but the unfolding property and economic crisis in China might just have changed the mood...

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Wood Group under pressure to back up bid rejection stance

Elsewhere, one of the oil services groups reporting this week, Wood Group (John) PLC (LSE:WG.), having rejected take-private bids earlier this year, sees management under pressure to justify their stance.

Private equity firm Apollo walked away after making several approaches earlier in the year, the last one worth 240p per share...

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Significant Announcements

Trading updates: RUA Life Sciences (AIM:RUA) PLC, Gem Diamonds Ltd, Anexo Group PLC (AIM:ANX)

Interims: Empresaria Group plc (AIM:EMR)

US earnings: BJ's Wholesale Club (NYSE:BJ), Coty Inc (NYSE:COTY), Dick's Sporting Goods (NYSE:DKS), Lowe’s Companies Inc, Medtronic PLC (NYSE:NYSE:MDT), Toll Brothers Inc

AGMs: Cake Box Holdings Ltd, RUA Life Sciences (AIM:RUA), Smoove PLC, STM Group PLC (AIM:STM)

Economic announcements: Public Sector Net Borrowing (UK), CBI Industrial Trends Orders (UK), Existing Home Sales (US)

Read more on Proactive Investors AU

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