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Pets at Home welcomes near 8% surge in revenue

26 February 2021 | 09:27am StockMarketWire.com - The FTSE 100 opened in the red after a US government bonds sell-off sparked fears interest rates could rise. The index was down 0.21% at 0845GMT to 6,638.00 points. The FTSE 250 recorded a fall of 0.52%% to 21,087.87 points. British Airways owner IAG swung to an annual loss as the pandemic-led slump in air travel triggered a sharp decline in revenue. For the year ended 31 December, the company swung to a pre-tax loss of €7.43 billion from a profit of €2.28 billion year-on-year as revenue slumped on 69.4% to €7.81 billion. Its shares rose ...

21 January 2021 | 12:08pm StockMarketWire.com - The FTSE 100 was up 0.2% to 6,755.62 by midday, its progress stunted by sterling strength against the dollar. US futures suggested stocks would hit new record highs on Wall Street as 46th president Joe Biden gets his feet firmly under the table in the Oval Office. Sage Group has reported a near 5% rise in recurring revenue for the final three months of 2020, as it confirms plans to 'progressively increase investment' over the coming year. The group's recurring revenue increased by 4.7% to £408 million, supported by software subscription growth...

8 January 2021 | 11:59am StockMarketWire.com - The FTSE 100 was just about on course to end the week on a high point by Friday lunchtime. By midday the index was up a handful of points up 6,863.57, extending its stellar start to 2021. Wall Street stocks hit record highs on Thursday after Congress confirmed Joe Biden as the winner of the presidential election, boosting hopes for additional economic stimulus. US futures suggested this momentum would be sustained when trading resumes later. Asian shares also climbed, with the Nikkei hitting a 30-year high. Marks & Spencer reported a slump in pro...