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May 12, 2021
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...
May 12, 2021
12 May 2021 | 16:42pm StockMarketWire.com - Despite a slump on Wall Street as US prices rose faster than expected in March the FTSE 100 made good progress on Wednesday, trading 0.8% higher to just regain the 7,000 mantle. By 4.30pm UK time the S&P 500 in the US was down 1.2% at 4,101.69. UK sentiment 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 gain...
April 26, 2021
26 April 2021 | 07:31am StockMarketWire.com - Digital transformation consultancy The Panoply said annual trading was strong and ahead of its recently upgraded expectations. The Panoply said it expected to post adjusted earnings before interest, tax, depreciation and amortisation for the year through March of at least £6.9 million, an increase of about 79% year-on-year. Alongside the impact of three acquisitions, the company said its results would show like-for-like organic revenue growth above...
March 10, 2021
Spirax‐Sarco Engineering hikes dividend 7% as profit edges higher
March 10, 2021
10 March 2021 | 08:37am StockMarketWire.com - UK stocks opened lower on Wednesday after large mining companies were hit by a drop in the price of iron ore. At 0824, the benchmark FTSE 100 index was down 30.09 points, or 0.5%, at 6,700.25. BHP fell 2.6% to £21.435 and Rio Tinto fell 4.3% to £55.68. In corporate news, insurance group Legal & General shed 0.4% to 280.9p, having reported a 15% fall in annual profit driven by pandemic-related claims. Legal & General held its dividend steady at 17....
March 10, 2021
10 March 2021 | 11:58am StockMarketWire.com - Weakness in the mining sector amid slumping iron ore prices saw the FTSE 100 underperform other European markets on Wednesday. By midday the index was down 0.3% to 6,710.18. BHP fell 3.3% to £21.28 and Rio Tinto fell 3% to £56.45. In corporate news, insurance group Legal & General shed 0.4% to 280.9p, having reported a 15% fall in annual profit driven by pandemic-related claims. Legal & General held its dividend steady at 17.57p per share. Food de...
March 10, 2021
10 March 2021 | 16:43pm StockMarketWire.com - Despite gains for US and European markets the FTSE 100 finished flat on Wednesday as it was dragged lower by resources stocks amid slumping iron ore prices. The index closed down 4.74 points at 6,725.60 while by 4.30pm UK time the S&P 500 was up 0.7% to 3,901.80. BHP fell 2.7% to £21.41 and Rio Tinto fell 2.8% to £56.57. In corporate news, insurance group Legal & General shed 0.1% to 281.6p, having reported a 15% fall in annual profit driven by pa...