27 April 2021 | 16:37pm
StockMarketWire.com - The FTSE 100 saw its losses deepen through the course of the afternoon as trading on Wall Street got off to a lacklustre start.
By the close the index was down 0.5% at 6,931.09 while the US S&P 500 was down 3.3 points to 4,184.31 by 4.30pm UK time.
BP reversed earlier gains to trade 0.6% lower at 294.7p on announcing that it would start a $500 million share buyback in the second quarter after its first-quarter profit was boosted by higher oil prices and refining margins.
BP s underlying replacement cost profit for the three months through March jumped to $2.6 billion, up from $791 million year-on-year. It kept its dividend steady at 5.25c per share.
6 April 2021 | 09:40am
StockMarketWire.com - Leak detection group Water Intelligence said it would accelerate its growth plan in the wake of the Biden administration s plan to invest $2 trillion in US infrastructure.
The company noted that Biden s plan included investment of at least $110 billion for rebuilding water infrastructure. As a result of this anticipated increase in demand for the group s water infrastructure solutions, the group will be accelerating its strategic growth plan announced in February s 2020 trading update, Water Intelligence said.
The company also said it would be reviewing acquisition opportunities previously identified with respect to UK and EU water product companies seeking to gain access to the US market.
1 March 2021 | 09:29am
StockMarketWire.com - Leak detection group Water Intelligence said it had secured two contracts in the insurance sector.
The company had signed and launched another national contract between its American Leak Detection subsidiary and a leading insurance company in the US.
It also had broadened an existing national account, both to add repair solutions and to create a multi-year framework. Water-related claims are one of the largest sources of claims for the insurance market in the US, Water Intelligence said. Accordingly, market demand for ALD s precision leak detection and repair solutions is expected to increase further, particularly in the aftermath of extreme weather conditions in the southern part of the US during February, especially Texas and Oklahoma.
nonetheless, the voters, like the members of congress, are locking arms and drifting back to a republican candidate in 2018 because they want to hold power. they see the rewards of lining up behind president trump in term of judges and taxes. that puts a lot of pressure on democrats not to expect massive cracks but turn out their own voters than they have usually done in mid term elections. i think that s what we are heading for. a battle of the bulge moment in which both sides may be energized much more than we usually see in a midterm election. what are you hearing from your former colleagues about this? it s unbelievably demoralizing. the american public should know u.s. intelligence community is staffed by good and decent people and working to keep the world safe for people and it s incredibly unfortunate and tr l tragic to hear the statements
ariana, good morning to you. good morning. we talked about this throughout the week and it tr l triggered the so-called nuclear option to 51 votes. what s the impact moving forward and the potential impact on the court? it s interesting, right, because everybody talks about the impact on the senate but it will be felt at the court. we could see, for instance, down the road less mainstream nominees. presidents will also feel more pressure from interest groups, right? they re always pushing their cause and in the back presidents have said in past days that person isn t confirmable. that s changed now so we ll see that. victor, this one thing that i think is important to point out and it s a repercussion that seems superficial and it s about perception but it s a big deal because the legitimacy of the court is based on this belief that justices are engaged in this good faith effort to go where the law leads them. it s not about politics. so when judges and justices see