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Barclays’ pre-tax profit climbs to £2.40 billion in the first

admin April 30, 2021

Barclays plc (LON BARC) said on Friday it performed better-than-expected in the first quarter as impairment charges posted a sharp decline. Barclays shares tanked just under 5% in premarket trading on Friday. Including the price action, the stock is now exchanging hands at 178 pence per share. In comparison, it had started the year at a per-share p...

Economy Europe Finance & banking Industries Stocks & shares UK World

HSBC says its revenue jumped more than 100% in the

admin April 27, 2021

HSBC Holdings plc (LON: HSBA) said on Tuesday that its net profit in the first quarter posted an over 100% growth on a year over year basis. The company attributed the increase to improvement in the economic outlook that enabled it to release allowances it had set aside for expected loan losses. CFO Ewen Stevenson said: “We are still being relative...

Economy Europe Finance & banking Industries Services Stocks & shares UK World

Saga plc pre-tax loss narrows to £61 million in fiscal

admin April 7, 2021

Saga plc (LON: SAGA) said on Wednesday that its pre-tax loss narrowed significantly in fiscal 2021, attributed to lower costs. The announcement was particularly exciting as the ongoing COVID-19 crisis weighed heavily on the company’s revenue in the recent year. The Coronavirus pandemic has so far infected more than 4.3 million people in the United ...

Category : UK

Barclays’ pre-tax profit climbs to £2.40 billion in the first

HSBC says its revenue jumped more than 100% in the

Saga plc pre-tax loss narrows to £61 million in fiscal

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