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FTSE 100 slump continues after high inflation figures | 18 February 2021


18 February 2021 | 08:22am
StockMarketWire.com - The FTSE 100 opened almost 38 points down at 6,710.90 this morning, continuing its slump from yesterday on the back of higher-than-expected inflation figures.
Medical technology company Smith & Nephew fell 6.1% to £14.72 as it reported a 42% fall in trading profits as consequences of the pandemic lead to a decreased revenue across the group as well as lower gross margins.
Hays rose 1.2% to 159.9p despite reporting a sharp fall in first-half profit. The recruitment company vowed to resume its dividend payments later this year in August, citing a stronger recovery in the second quarter.
Barclays fell 1.5% to 152.1p as profit was hit by £4.8 billion in bad loan provisions. ....

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Illinois FOID card, concealed carry license delays leave residents on edge as carjacking cases surge


CHICAGO (WLS) If you re still waiting on your firearm ID card or concealed carry license from the state of Illinois, you re not alone. New complaints have come in from residents who say they applied for their firearm credentials months ago and are still waiting.
The problem predates the COVID-19 pandemic, but complaints continue to roll in. One Chicago man said the recent carjackings have made him even more concerned about being unarmed. He s demanding the state fix what he calls a broken system.
I feel extremely unsafe every time I walk out of my house, said Terrence Thrower.
Thrower said he lost his wallet last year, which contained his Firearm Owner s Identification (FOID) card, as well as his concealed carry license (CCL). ....

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Cruise Operator Carnival Still Doesn't Float My Boat

Cruise operator Carnival Corp. (CCL) still does not float the boat of value investor Jonathan Heller, who finds the company's voluminous and expanding debt and massive increase in shares outstanding unappealing...CCL ....

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