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Positive corporate news helps boost FTSE 100 | 28 April 2021


28 April 2021 | 11:57am
StockMarketWire.com - The FTSE 100 was higher by midday, up 0.4% to 6,972.72, as positive corporate news on both sides of the Atlantic helped lift investor sentiment.
Overnight both Google-owner Alphabet and Microsoft reported quarterly earnings ahead of expectations.
In the UK high Street lender Lloyds rallied 3.3% to 45p, having reported a jump in first-quarter profit as bad debt provisions fell amid an ongoing economic recovery, offsetting lower income.
Lloyds also upgraded its guidance, forecasting its annual net interest margin to be in excess of 2.45% and its operating costs to fall to about £7.5 billion.
The bank said it was accruing dividends and intended to resume a progressive and sustainable ordinary dividend policy . ....

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Dixons Carphone electricals like-for-like revenue up 11%; Appoints Bruce Marsh as CFO | 20 January 2021


20 January 2021 | 07:55am
StockMarketWire.com - Electrical goods retailer Dixons Carphone said like-for-like revenue in electricals were up 11% as strong momentum in online sales helped offset the impact of shuttered stores owing to the pandemic.
The company also said it would appoint Bruce Marsh as chief financial officer from 12 July 2021. Marsh had been Finance Director, UK and Ireland, at Tesco plc since 2015.
For 10 weeks ended 9 January 2021, electricals like-for-like revenue grew 11%, driven by sales of large screen TVs, smart tech and all areas of computing & gaming.
UK & Ireland electricals like-for-like revenue grew 8% as online growth was 121% and the division increased market share by 6%. ....

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FOXNEWS Americas News Headquarters November 14, 2020 18:32:15

Transcripts for FOXNEWS Americas News Headquarters 20201114 18:32:15
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