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FTSE sinks 2 1% as inflation-linked sell-off continues | 13 May 2021

Director Deals - (XLM) | 3 May 2021 | Stock Market Wire

Director Deals 3 May 2021 | 06:05am StockMarketWire.com - Ory Weihs, Chief Executive Officer, received via a placing 450,000 shares in the company on the 7th April 2021 at a price of £0.40. The Director now holds 8,137,444 shares. Story provided by StockMarketWire.com Director deals data provided by www.sharesmagazine.co.uk Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. Latest share price and company details:

XL Media posts modest profit as revenue sinks | 27 April 2021

27 April 2021 | 08:02am StockMarketWire.com - Digital performance publisher XL Media posted a modest annual profit as falling revenue was offset by a drop in impairment costs. Pre-tax profit for the year through December amounted to $1.11 million, compared to year-on-year losses of $57.7 million. Revenues dropped to $54.8 million, down from $79.7 million, after a Google search ranking penalty was incurred in January on over 100 casino websites. The company added that Covid-19 measures impacted sports events globally and reduced activity in financial services. XL Media said it continued to expect a material improvement in revenue in 2021. Completing the transformation of the business, including the overhaul of the systems supporting it and delivering the long-term operating structure to maximise growth will involve further significant investment in 2021, chief executive Stuart Simms said.

Resurgent Covid fears and a strong pound see FTSE drop 2% | 20 April 2021

20 April 2021 | 16:37pm StockMarketWire.com - The FTSE 100 was down 2% to 6,859.87 by the close on Tuesday as stronger sterling and resurgent concerns about the course of the Covid-19 pandemic globally put a dampener on investor sentiment. Tobacco stocks remained weak amid reports of US regulatory pressure. On Wall Street the S&P 500 was down 0.9% at 4,128.07 by 4.30pm UK time. Sugar-to-clothes retailer Associated British Foods fell 5.7% to £23.21 having resumed its dividend payment, though at a lower rate, after lockdowns hurt budget fashion chain Primark. The company s adjusted pre-tax profit for the 24 weeks to 27 February slumped 50% to £319 million and included a 90% drop in adjusted operating profit at Primark.

Mining sector helps FTSE make progress | 10 February 2021

10 February 2021 | 12:00pm StockMarketWire.com - The FTSE 100 made steady gains on Wednesday, up 0.3% to 6,548.39 by midday supported by strength in the mining sector as investors looked towards a recovery from the pandemic. Sentiment was also supported by the new record highs marked by US and Asian stocks overnight. Housebuilder Persimmon dipped 0.3% to £27.74 after it identified unsafe cladding materials in high-rise buildings and flagged a £75 million charge to pay for replacement work. Persimmon s review comes in the wake of the Grenfell Tower disaster in 2017, which saw a high-rise residential building catch fire, killing 72 people. Permission had found 26 buildings that it had developed that may need work.

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