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Bodycote revenue falls in first four months of year on weakness in aerospace & defence

28 April 2021 | 08:30am StockMarketWire.com - UK stocks opened higher on a busy day for local corporate earnings brightened by pleasing updates from Lloyds and WPP that offset disappointing numbers from Sainsbury's and Reckitt Benckiser. At 0821, the benchmark FTSE 100 index was up 24.66 points, or 0.4%, at 6,969.63. High-street lender Lloyds rallied 4.4% to 45.5p, having reported a jump in first-quarter profit as bad debt provisions fell amid an ongoing economic recovery, offsetting lower income. Lloyds also upgraded its guidance, forecasting its annual net interest margin to be in excess of...

28 April 2021 | 11:57am StockMarketWire.com - The FTSE 100 was higher by midday, up 0.4% to 6,972.72, as positive corporate news on both sides of the Atlantic helped lift investor sentiment. Overnight both Google-owner Alphabet and Microsoft reported quarterly earnings ahead of expectations. In the UK high Street lender Lloyds rallied 3.3% to 45p, having reported a jump in first-quarter profit as bad debt provisions fell amid an ongoing economic recovery, offsetting lower income. Lloyds also upgraded its guidance, forecasting its annual net interest margin to be in excess of 2.45% and its ope...

FLASH: UK stocks open 0.6% lower as pound strengthens

FTSE 100 regains parity but lags European peers as pound remains strong