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5 May 2021 | 16:36pm StockMarketWire.com - Powered by gains in the mining sector and other areas which will benefit from a reopening of the global economy the FTSE 100 made strong progress on Wednesday, closing the day up 1.7% at 7,039.30. By 4.30pm UK time the S&P 500 had made more modest gains of 0.3% to 4,178.31. Television broadcaster ITV gained 2.2% to 127.1p as it reported a 2% uptick in first-quarter revenue amid an ongoing rebound in the advertising market. ITV said total advertising revenue in the first half was forecast to be up around 26% year-on-year. Online fashion retailer Booho...

ITV annual profit falls amid 'challenging' advertising environment

9 March 2021 | 08:37am StockMarketWire.com - UK stocks opened flat on Tuesday as investors weighed the benefits of easy fiscal and monetary policy with the inherent inflation risks, while companies continued to issue a mixed bag of earnings updates. At 0823, the benchmark FTSE 100 index had edged up 1.27 points to 6,720.40. Telecom group Vodafone fell 0.5% to 125.42p on setting a price range for the initial public offering of its Vantage Towers infrastructure business that would value it at between €11.4 billion and €14.7 billion. The indicative price range was set at €22.50-to-€29.00...

9 March 2021 | 16:36pm StockMarketWire.com - The FTSE 100 closed Tuesday with a 0.35% gain to 6,742.96, off its highs for the day but still consolidating Monday's big gains amid improved investor sentiment. In the US the Nasdaq index bounced back sharply as tech stocks returned to favour following the recent sell-off. By 4.30pm UK time the index was up 3.3% to 13,046.50. Investment company Standard Life Aberdeen fell 7.5% to 295.1p as it cut its dividend by a third as full year numbers showed falling profit and a shrinking client base. Telecom group Vodafone was up 1.6% to 128.1p after set...