Page 2 - Lon Igg News Today

Shares of IG Group Holdings plc (LON:IGG – Get Rating) have received an average recommendation of “Buy” from the six ratings firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month […]

11 March 2021 | 07:24am StockMarketWire.com - Online trading platform IG reported better-than-expected third-quarter performance and said it was on track to achieve its three-year revenue target in its significant opportunities portfolio by year-end, one year ahead of the target. The continued performance from the significant opportunities portfolio has been remarkable, and we anticipate substantially achieving the revenue target of £160 million one year ahead of plan, the company said. Fo...

11 March 2021 | 09:52am StockMarketWire.com - The FTSE 100 was up more than 27 points at 6,752.17, as investors cheered news that the US Congress backed the $1.9 trillion stimulus plan. Morrisons has seen pre-tax profits fall more than 60% in 2020, with a £290 million hit relating to Covid costs, despite a rise in sales and revenue for the high street supermarket chain. Its shares dipped 0.5% to 176.2p. Rolls Royce has said its performance in 2020 has been significantly affected by the CO...

11 March 2021 | 16:36pm StockMarketWire.com - A strong start to the trading day in the US helped the FTSE 100 erase its lunchtime losses to trade 0.2% higher at 6,736.96 by the close. At 4.30pm UK time the S&P 500 was up 1.4% to 3,954.48 as yesterdays weaker than expected inflation number and the passing of a big US stimulus package helped boost sentiment. Morrisons has seen pre-tax profits fall more than 60% in 2020, with a £290 million hit relating to Covid costs, despite a rise in sales and...

In the first of a series of occasional articles from our friends at IG, senior writer Will Hall-Smith takes a deep dive into the potential economic...