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10 March 2021 | 11:58am StockMarketWire.com - Weakness in the mining sector amid slumping iron ore prices saw the FTSE 100 underperform other European markets on Wednesday. By midday the index was down 0.3% to 6,710.18. BHP fell 3.3% to £21.28 and Rio Tinto fell 3% to £56.45. In corporate news, insurance group Legal & General shed 0.4% to 280.9p, having reported a 15% fall in annual profit driven by pandemic-related claims. Legal & General held its dividend steady at 17.57p per share. Food delivery service Just Eat Takeway gained 4.1% to £71.22 as it posted a deeper annual loss of €147 million after a rise in revenue was offset by higher spending. On a positive note, Just Eat forecast a further acceleration in order growth in 2021 amid high demand for deliveries during the pandemic. ....
22 February 2021 | 16:38pm StockMarketWire.com - Details of the UK s reopening plan helped give the FTSE 100 a lift on Monday afternoon with the index recovering earlier heavier losses to trade down just 0.18% at 6,612.24. Hospitality, retail and travel stocks all rallied with pubs group JD Wetherspoon up 8.7% to £13.43, budget airline Jet2 rising 7.2% to £13.14 and WH Smith gaining 6% to £17.85. By 4.30pm UK time the S&P 500 was down 0.6% to 3,884.42. Security group G4S slumped 9.8% to 242.6p after private equity firm GardaWorld said it wouldn t raise its 235p offer for the company, cooling hopes of a bidding war. G4S had rejected GardaWorld s offer in favour of 245p bid from Allied Universal. ....
13 January 2021 | 16:35pm StockMarketWire.com - By the close the FTSE 100 was more or less flat, recovering its losses from earlier in the day as stocks started higher on Wall Street. By 4.30pm UK time the S&P 500 was up 0.2% to 3,809.47 with a debate in the House of Representatives on an impeachment of US president Donald Trump drawing focus. Food delivery company Just Eat Takeaway dropped 4.3% to £86.82 after it forecast a 10% annual adjusted earnings margin, citing significant investment and a preference for market-share gains over earnings. Just Eat Takeaway said its expected annual revenue growth of more than 50% following a 57% leap in fourth-quarter orders. ....