Investors may be unnerved by the recent departure of its CEO in January, however positive third-quarter results, including a 130% increase in US online revenues, may have calmed the waters a little while also providing some credence to the company’s claims that MGM’s approach had undervalued its potential.
In the upcoming figures, shareholders will likely be looking to see how the company expects the easing of lockdown measures to affect its business mix as the pandemic subsides.
Although the merger could complete as early as March.
Elsewhere, Aviva Plc (LON:AV.) – which is also being led by a new boss – Amanda Blanc, unveiled a “sustainable and resilient” new dividend policy in November, as the life insurer said its strategy was to continue simplifying its portfolio and building excess capital in the long-term.
Thursday March 4
Finals: Aviva PLC (LON:AV.), Admiral Group PLC (LON:ADM), William Hill PLC (LON:WMH), Vistry Group PLC (LON:VTY), Entain PLC (LON:ENT), Meggitt PLC (LON:MGGT), Melrose Industries PLC (LON:MRO), Morgan Advanced Materials plc (LON:MGAM), Rentokil Initial PLC (LON:RTO), Cairn Energy PLC (LON:CNE), Capital & Regional PLC (LON:CAL), CentralNic Group PLC (LON:CNIC), Coats Group PLC (LON:COA), CRH PLC (LON:CRH), Franchise Brands PLC (LON:FRAN), Hunting PLC (LON:HTG), Hutchison China Meditech Ltd (LON:HCM), Mail Ru Group Ltd (LON:MAIL), Rathbone Bros PLC (LON:RAT), Schroders PLC (LON:SDR), Spire Healthcare Group PLC (LON:SPI), Synthomer PLC (LON:SYNT), Vesuvius Plc (LON:VSVS), John Laing Group PLC (LON:JLG)
Economic data: US jobless claims, UK construction PMI