John Menzies lays of 17,500 workers; seeks government financial support

Aviation services company John Menzies said it had cut its headcount by 17,500, was attempting to secure support from the UK government and would 'consider...

Fri, 27/03/2020 - 14:02


Broker Forecast - Berenberg issues a broker note on Tesco PLC

Berenberg today reaffirms its buy investment rating on Tesco PLC (LON:TSCO) and cut its price target to 280p (from 295p).

Broker Forecasts data provided by...

Fri, 27/03/2020 - 14:00


Broker Forecast - Berenberg issues a broker note on Associated British Foods PLC

Berenberg today upgrades its investment rating on Associated British Foods PLC (LON:ABF) to buy (from hold) and cut its price target to 2180p (from 2700p)....

Fri, 27/03/2020 - 13:50


Clarkson, expecting Covid-19 hit in first half; suspends dividend

Shipping services group Clarkson suspended its final dividend, while predicting the Covid-19 pandemic to impact its business in the first half of 2020.

The company...

Fri, 27/03/2020 - 13:42


Broker Forecast - Berenberg issues a broker note on JD Sports Fashion PLC

Berenberg today reaffirms its buy investment rating on JD Sports Fashion PLC (LON:JD.) and cut its price target to 620p (from 950p).

Broker Forecasts data...

Fri, 27/03/2020 - 13:40


Capita furloughs some workers; withdraws financial guidance

Business process outsourcing company Capita withdrew and financial guidance and said it was embarking on cost saving measure as Covid-19 threatens to hurt demand.

Capita...

Fri, 27/03/2020 - 13:36


Broker Forecast - Berenberg issues a broker note on Next PLC

Berenberg today reaffirms its hold investment rating on Next PLC (LON:NXT) and cut its price target to 4300p (from 6140p).

Broker Forecasts data provided by...

Fri, 27/03/2020 - 13:30


Royal Mail won't pay final dividend; unlikely to hit 2024 turnaround targets

Royal Mail reiterated its earnings guidance for the year through March 2020 but said it wouldn't pay a final dividend, as it braces for the...

Fri, 27/03/2020 - 13:24


Broker Forecast - Berenberg issues a broker note on Ferguson Plc

Berenberg today reaffirms its hold investment rating on Ferguson Plc (LON:FERG) and cut its price target to 5600p (from 6000p).

Broker Forecasts data provided by...

Fri, 27/03/2020 - 13:20


Berkeley warns on profits; will stay pay dividend due in March

Home builder Berkeley warned on profits as it suspended development work, though the company said it would still make a looming dividend payment.

Profits for...

Fri, 27/03/2020 - 13:12


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