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2 March 2021 | 07:36am StockMarketWire.com - Aviation services group Signature Aviation swung to a full-year loss after the pandemic and related travel curbs hammered revenue. Pre-tax losses for the year through December amounted to £17.1 million, compared to a year-on-year profit of £722.2 million, as revenue dropped 36% to £1.92 billion. Signature Aviation did not declare any dividends for 2020. The company said the Covid-19 crisis was continuing to have a greater impact on both the North East region of the US, where it had material presence, and international traffic. 2020 was an extraordinary year for the group, and one in which we delivered a resilient performance, chief executive Mark Johnstone said. ....
11 January 2021 | 12:07pm StockMarketWire.com - The FTSE 100 was firmly lower by lunchtime as investors paused for breath after the index enjoyed a heady first week of 2021, rising more than 6%. By midday the FTSE was down 0.5% at 6,842.11, as concerns build over mounting Covid-19 infections and the possibility of even tighter restrictions. Profits were also being taken in Bitcoin after an even more impressive start to the New Year. US futures pointed to modest losses on Wall Street too. Shoe and sports apparel retailer JD Sports Fashion climbed 4.4% to 888.4p as it upgraded its profit outlook amid robust second-half demand, including during the key months of November and December. ....