Ten Entertainment profit rises 11%; scraps dividend as bowling alleys shuttered

Bowling alley operator Ten Entertainment booked an 11% rise in annual profit but scrapped its final dividend citing alley closures forced by the Covid-19 crisis....

Wed, 13/05/2020 - 08:59


Lamprell pulls guidance, stokes worries about future as losses widen on asset writedowns

Lamprell pulled guidance and raised concerns about its future after reporting wider losses as asset writedowns offset an uptick in revenue.

The company withdrew...

Wed, 13/05/2020 - 08:54


Broker Forecast - Liberum Capital issues a broker note on Mitchells & Butlers PLC

Liberum Capital today reaffirms its buy investment rating on Mitchells & Butlers PLC (LON:MAB) and cut its price target to 300p (from 600p).

Broker Forecasts...

Wed, 13/05/2020 - 08:50


Broker Forecast - Peel Hunt issues a broker note on TP Icap Plc

Peel Hunt today reaffirms its buy investment rating on TP Icap Plc (LON:TCAP) and raised its price target to 420p (from 400p).

Broker Forecasts data...

Wed, 13/05/2020 - 08:40


Applegreen performance ahead of 'baseline assumptions' for Q2 as virus restrictions ease

Convenience food and beverage retailer Applegreen said current trading levels were ahead of its 'baseline assumptions' for the second quarter as the recent easing of...

Wed, 13/05/2020 - 08:37


Broker Forecast - Deutsche Bank issues a broker note on Land Securities Group Plc

Deutsche Bank today reaffirms its hold investment rating on Land Securities Group Plc (LON:LAND) and cut its price target to 760p (from 910p).

Broker Forecasts...

Wed, 13/05/2020 - 08:30


UK stocks open 1% lower as UK economy shrinks in March

UK stocks opened lower on Wednesday as investors continued to fret about a potential second wave of Covid-19 infections as lockdowns ease and data showed...

Wed, 13/05/2020 - 08:29


Connect Group scraps dividend as profit falls; sees further virus impact in H2

Newspaper and magazine distributor Connect Group scrapped its interim dividend and said it expected a further coronavirus-led impact on performance in the second half of...

Wed, 13/05/2020 - 08:28


Broker Forecast - Peel Hunt issues a broker note on Reach Plc

Peel Hunt today reaffirms its add investment rating on Reach Plc (LON:RCH) and cut its price target to 130p (from 150p).

Broker Forecasts data provided...

Wed, 13/05/2020 - 08:20


UK gross domestic product contracts 5.8% in March

UK gross domestic product slumped 5.8% in the month of March as the Covid-19 crisis weighed, according to the Office for National Statistics.

The fall...

Wed, 13/05/2020 - 08:10


Pages