FTSE 100 in the doldrums as Wall Street opens in negative territory
Companies
FTSE 100 in the doldrums as Wall Street opens in negative territory
The main indices in New York pulled back in early deals, following the trend set by global markets
FTSE 100 down 86 points
Tobacco firms under pressure
2.45pm: Wall Street opens in the red
The main indices on Wall Street started Tuesday’s session in negative territory, following a similarly cautious trend set by global markets.
Shortly after the opening bell, the Dow Jones Industrial Average was down 0.37% at 33,952 while the S&P 500 dropped 0.28% to 4,151 and the Nasdaq fell 0.19% to 13,888.
FTSE 100 closes 2% lower as coronavirus concerns hit sentiment
Britain s blue-chip index finished down 140 points, or 2%, at 6,859 InterContinental Hotels among the day s fallers
FTSE 100 closes down 2%
Tobacco firms under pressure
5.05pm: FTSE in the red
FTSE 100 closed firmly in the red on Tuesday as coronavirus (COVID-19) fears continued to dampen investor sentiment, while the strong pound didn t help the internationalised share index.
Britain s blue-chip index finished down 140 points, or 2%, at 6,859. FTSE 250 also fell, shedding over 382 points, or 1.7%, at 22,108. European markets have been hit hard today, with rising global coronavirus cases serving as a timely reminder that the pandemic is far from over despite recent vaccination progress, said Joshua Mahony, senior market analyst at trading group IG.
FTSE 100 slides to week s low on virus concerns as Wall Street stuck in negative territory
Companies
FTSE 100 slides to week s low on virus concerns as Wall Street stuck in negative territory
The UK blue chip index comes under pressure while US markets also firmly in the red InterContinental Hotels among the day s fallers
FTSE 100 down 107 points
Tobacco firms under pressure
Leading shares have hit a week s low as the fall away from 7000 continues.
The FTSE 100 has dropped 107.4 points or 1.53% to 6892.68.
Tobacco shares are still proving a drag, while a near 200 point fall on the Dow Jones Industrial Average is also adding to the downbeat mood.
3 March 2021 | 07:54am
StockMarketWire.com - Cybersecurity company Avast reported lower annual profit as higher costs offset a rise in revenue.
For the year ended 31 December 2020, pre-tax fell to $236.3 million from $314.6 million year-on-year, while revenue was up from $871.1 million to $892.9 million.
Adjusted revenue was $892.9 million, with organic growth of 7.9%, driven by growth in its consumer direct desktop business, the company said.
Adjusted billings were up 1.2% to $922.0 million.
A final dividend of 11.2 US cents per share was proposed, taking the total dividend for the year to 16.0 US cents per share, up 8.8%.
Looking ahead, the company expected to deliver 2021 organic revenue growth in the range of 6% to 8%.