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March 3, 2021
3 March 2021 | 07:22am StockMarketWire.com - House builder Persimmon reported a 25% fall in annual profit and slashed its dividend, after construction markets were battered by the pandemic. Pre-tax profit for the year through December dropped to £783.8 million, down from £1.04 billion year-on-year. Revenue fell 8.8% to £3.33 billion after a 14% slide in home completions to 13,575 was partly offset by a 6.9% rise in the average home selling price to £230,534. Persimmon declared a full-year d...
March 3, 2021
3 March 2021 | 08:42am StockMarketWire.com - UK stocks opened more than 1% higher on Wednesday as progress on Covid vaccines and US stimulus continued to fuel hopes the global economy was on the mend. At 0825, the benchmark FTSE 100 index was up 70.78 points, or 1.1%, at 6,684.62. Insurance company Hiscox tumbled 13% to 856.79p after it swung to a $268.5 million annual pre-tax loss, driven by event cancellation and business interruption claims owing to the pandemic. Hiscox said it decided...
March 3, 2021
FTSE 100 holds on to its gains after budget of few surprises
February 10, 2021
10 February 2021 | 12:00pm StockMarketWire.com - The FTSE 100 made steady gains on Wednesday, up 0.3% to 6,548.39 by midday supported by strength in the mining sector as investors looked towards a recovery from the pandemic. Sentiment was also supported by the new record highs marked by US and Asian stocks overnight. Housebuilder Persimmon dipped 0.3% to £27.74 after it identified unsafe cladding materials in high-rise buildings and flagged a £75 million charge to pay for replacement work. Pe...
January 13, 2021
13 January 2021 | 16:35pm StockMarketWire.com - By the close the FTSE 100 was more or less flat, recovering its losses from earlier in the day as stocks started higher on Wall Street. By 4.30pm UK time the S&P 500 was up 0.2% to 3,809.47 with a debate in the House of Representatives on an impeachment of US president Donald Trump drawing focus. Food delivery company Just Eat Takeaway dropped 4.3% to £86.82 after it forecast a 10% annual adjusted earnings margin, citing significant investment a...
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>> there it is. you have to admit, jedediah, thats an effective ad. >> it is great. people usually hate lawyers and banker and journalists. they watch it and no matter where you stand on the political spectrum you can say we are behind this, and he made it about economics so people like john are disarmed. they cant call him a racist because he is not talking about something. he is talking about jobs. how do you feel about this? are you disarmed? >> ill take all three of you on. >> what do you ...