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19 February 2021 | 08:08am StockMarketWire.com - Daily Mail and General Trust said it had agreed to sell Hobsons, its EdTech business, in two separate transactions, for approximately US$410 million. Hobsons' Naviance and Intersect businesses were being sold to US-based PowerSchool, a provider of K-12 education technology solutions, for approximately US$320m, and were expected to be part of PowerSchool's unified platform, the company said. Hobsons' Starfish business, after an internal restructuring where it would be spun-out from the rest of Hobsons, was being sold to EAB, a US-based educatio...

19 February 2021 | 16:43pm StockMarketWire.com - The FTSE 100 closed up 0.1% at 6,624.02 on Friday despite a currency headwind to its dominant overseas earnings as sterling hit the $1.40 mark By 4.30pm UK time the S&P 500 was up 0.4% to 3,928.94, clawing back a good chunk of yesterday's losses. NatWest reported an operating loss of £351 million for 2020, down from £4.2 billion pre-tax profit last year. The bank said net impairment charges were £3.2 billion and announced it will pay a dividend of three pence per share. Its shares rose 5.2% to 180.2p. Warehouse landlord SEGRO reported a rise...