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FTSE 100 flat as Monday's update on UK Covid restrictions eyed | 19 February 2021 - Vimarsana News

FTSE 100 flat as Monday's update on UK Covid restrictions eyed | 19 February 2021

19 February 2021 | 11:58am StockMarketWire.com - The FTSE 100 was flat at midday a little above 6,600 as investors await Monday's update on the easing of UK coronavirus restrictions and with sterling hovering around two-year highs. US futures suggested there would be a bit of a recovery on Wall Street after the sell-off seen yesterday. 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 1.8% to 174.4p...

Kingspan profit rises in 2020, but flags ongoing rise in raw material prices | 19 February 2021 - Vimarsana News

Kingspan profit rises in 2020, but flags ongoing rise in raw material prices | 19 February 2021

19 February 2021 | 07:49am StockMarketWire.com - Insulation and building envelope business Kingspan reported a rise in profit in 2020, though said the ongoing increase in raw materials would continue and remain a challenge. For the year ended 31 December 2020, pre-tax profit rose to €459.7 million from €454.4 million, while revenue slipped 2% to €4.6 billion. Insulated panels, is largest segment, reported a 4% decline in turnover, paced by a weakness in the second quarter of the year. Free cashflow was up 42% to €479.7 million. '2021 has started well, with performance helped by...

FTSE 100 makes slight gains heading into the weekend as sterling hits $1.40 | 19 February 2021 - Vimarsana News

FTSE 100 makes slight gains heading into the weekend as sterling hits $1.40 | 19 February 2021

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...