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8 March 2021 | 08:41am StockMarketWire.com - UK stocks opened higher on Monday after the US Senate passed a $1.9 trillion stimulus package and oil prices rose due to attacks on facilities in Saudi Arabia. At 0828, the benchmark FTSE 100 index was up 29.98 points, or 0.5%, at 6,660.50. BP gained 1.8% to 324.44p and Shell gained 1.8% to £15.76 after Brent crude rose above $70 a barrel. Educational publisher and services group Pearson shed 2.7% to 739.8p, even as it posted a rise in annual profit owing to the sale of a stake in publisher Penguin Random House and lower restructuring charges. Pearson s underlying earnings, however, fell after the pandemic led to school closures and disrupted exam schedules. The company held its annual dividend steady at 19.5p per share. ....
22 February 2021 | 08:36am StockMarketWire.com - UK stocks opened lower on Monday as rising US bond yields and inflation fears tempered Covid vaccine optimism. At 0824, the benchmark FTSE 100 index was down 56.45 points, or 0.9%, at 6,567.57. Security group G4S slumped 9.7% to 242.8p 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. Pharmaceutical giant AstraZeneca added 0.2% to £72.39 even after it said it was withdrawing a bladder cancer drug in the US after it failed to meet post-marketing requirements in a clinical study. ....
22 February 2021 | 12:05pm StockMarketWire.com - The FTSE 100 made a partial recovery on Monday despite investors continuing to fret about inflation risks. By midday the index had recovered around half of its initial losses to trade 0.45% lower at 6,594.41. Some support to sentiment was provided by mounting evidence of the efficacy of vaccines ahead of the UK reopening plan set to be announced later. 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. ....