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19 May 2021 | 16:36pm StockMarketWire.com - Global inflation worries, with UK consumer prices rising faster than expected in April, kept markets on the back foot on Wednesday with the FTSE 100 closing down 1.2% to 6,950.20. By 4.30pm UK time the US S&P 500 index was 1% lower at 4,084.86. Premier Foods dipped 0.2% to 102.2p, having declared a dividend for the first time in 13 years after its annual profit more than doubled. The maker of Mr Kipling cakes and Bisto gravy enjoyed high demand for groceries during lockdowns that helped it reduce a large debt pile. It recommended a final dividend of 1p per share. Specialist media group Future rallied 11.5% to £26.70 as it forecast full-year results materially ahead of market expectations, after its first-half profit more than doubled. ....
19 February 2021 | 11:58am StockMarketWire.com - The FTSE 100 was flat at midday a little above 6,600 as investors await Monday s update on the easing of UK coronavirus restrictions and with sterling hovering around two-year highs. US futures suggested there would be a bit of a recovery on Wall Street after the sell-off seen yesterday. NatWest reported an operating loss of £351 million for 2020, down from £4.2 billion pre-tax profit last year. The bank said net impairment charges were £3.2 billion and announced it will pay a dividend of three pence per share. Its shares rose 1.8% to 174.4p. Warehouse landlord SEGRO reported a rise in pre-tax profit of 10.8% to £296.5 million for 2020. ....
19 February 2021 | 16:43pm StockMarketWire.com - The FTSE 100 closed up 0.1% at 6,624.02 on Friday despite a currency headwind to its dominant overseas earnings as sterling hit the $1.40 mark By 4.30pm UK time the S&P 500 was up 0.4% to 3,928.94, clawing back a good chunk of yesterday s losses. NatWest reported an operating loss of £351 million for 2020, down from £4.2 billion pre-tax profit last year. The bank said net impairment charges were £3.2 billion and announced it will pay a dividend of three pence per share. Its shares rose 5.2% to 180.2p. Warehouse landlord SEGRO reported a rise in pre-tax profit of 10.8% to £296.5 million for 2020. It said revenue for the year fell to £431.7 million, down from £432.5 million in 2019. ....