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The late rally yesterday on Wall Street has put traders in a positive frame of mind ahead of the Bank of England's decision today on interest rates and the quantitative easing programme. City sources predict the FTSE 100 will open around 21 points up from the previous close of 4,140.Fund manager Man Group reported a slight dip in assets under management in the first quarter as customers withdrew funds, but said it is well placed to grow market share. Funds under Management (FUM) at 30 June stood at $43.3bn compared with $44bn announced at end May (31 March: $46.8bn).Associated British Foods has seen year-on-year increases in revenue across the group. The retail division, which comprises the clothing chain Primark, saw revenues rise 20% year-on-year in the 40 weeks to 20 June 2009. The group as a whole saw revenue rise 19%, but growth slowed in the third quarter, with revenues rising just 15% in the 16 weeks to 20 June 2009.Recruiter Hays said it has been another tough quarter with demand continuing to weaken in both its temporary and permanent placement businesses. In the quarter ended June 2009, the group saw a reduction in net fees of 37% (40% on a like-for-like basis) versus last year. In the UK & Ireland net fees fell by 45% versus the same period last year.Defence firm Cobham has won a $32m contract from the US Navy to provide low band transmitters. The firm will provide an additional 37 AN/ALQ-99 Low Band Transmitters (LBT) under Lot 2 of the programme's Full Rate Production (FRP) phase, as part of a modification to the existing Lansdale FRP Lot 1 contract.In a similar vein, Air New Zealand has placed an order with aero engine giant Rolls-Royce for Trent 1000 engines to power its Boeing 787-9 aircraft.Housebuilder Redrow said trading results are expected to be around the lower end of analysts expectation in light of the extreme trading conditions experienced in the year. The group legally completed 2,113 new homes in the 12 months ended 30 June 2009 (2008: 3,925), in line with its expectations. The average selling price was c.£137,500 (2008: £156,900), which was a reflection of the significant pricing pressure experienced.Online poker firm PartyGaming said revenue since 6 April has been in line with that achieved in the first quarter, though full-year distribution costs are expected to be slightly higher than forecast.