Edd L News Today

12 May 2021 | 08:02am StockMarketWire.com - Motoring services group Redde Northgate upgraded its annual profit guidance following a strong second-half sales performance. Underlying pre-tax profit for the year through April was now expected to be moderately above the top end of the current range of analyst estimates, and not less than £92 million. Underlying revenue, excluding vehicle sales, had risen around 51% year-on-year, with total revenue including vehicle sales up 43%. Redde Northgate sa...

12 May 2021 | 08:41am StockMarketWire.com - UK stocks opened higher on Wednesday, recouping a portion of Tuesdays heavy losses, as local companies continued to release upbeat earnings updates as lockdowns ease. At 0830, the benchmark FTSE 100 index was up 38.72 points, or 0.6%, at 6,986.71. Sentiment also was buoyed by stronger-than-anticipated economic data, with British gross domestic product falling 1.5% in the first quarter, beating expectations of a 1.6% drop. Alcoholic drinks maker Diageo...