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20 April 2021 | 12:13pm StockMarketWire.com - The FTSE 100 slumped heavily by lunchtime on Tuesday as tobacco stocks fell on US regulatory threats and as the pound continued to rise on UK recovery hopes. By midday the index was down 1.1% to 6,921.16. Sugar-to-clothes retailer Associated British Foods fell 3.5% to £23.74 having resumed its dividend payment, though at a lower rate, after lockdowns hurt budget fashion chain Primark. The companys adjusted pre-tax profit for the 24 weeks to 27 Febr...

3 March 2021 | 07:54am StockMarketWire.com - Cybersecurity company Avast reported lower annual profit as higher costs offset a rise in revenue. For the year ended 31 December 2020, pre-tax fell to $236.3 million from $314.6 million year-on-year, while revenue was up from $871.1 million to $892.9 million. Adjusted revenue was $892.9 million, with organic growth of 7.9%, driven by growth in its consumer direct desktop business, the company said. Adjusted billings were up 1.2% to $922.0 million. A...