BP warns of $1bn impairment charge in first quarter; lower production

BP warned it would book an impairment charge of around $1bn in the first quarter and report lower production, as the Covid-19 pandemic and price...

Wed, 01/04/2020 - 10:02


FinnCap scraps dividend to preserve cash amid Covid-19 pandemic

Financial services company FinnCap scrapped its dividend and said trading performance had been in line with recently downgraded expectations.

As part of a series...

Wed, 01/04/2020 - 09:57


Vast Resources diamond JV delayed by Zimbabwe Covid-19 lockdown

Mining company Vast Resources said finalisation of the formation of the Chiadzwa community diamond joint venture in Zimbabwe had been held up by a 21-day...

Wed, 01/04/2020 - 09:54


Sound Energy plans to extend negotiating period for Morocco gas sales deal

Oil company Sound Energy said it planned to extend a negotiating period with Morocco's state power company to seal a gas sales agreement.

The pair...

Wed, 01/04/2020 - 09:51


Argentex 'confident' of meeting profit expectations as revenue forecasts to jump30%

Foreign exchange services Argentex said was it was 'confident' of meeting its full year profit expectations as revenue was forecast to rise by about 30%....

Wed, 01/04/2020 - 09:46


MySale posts first-half loss; feels strain from Australia wildfires, Covid-19

Online retailer MySale posted a first-half loss and said its performance in the second half had been hurt by Australia's wildfire crisis and the Covid-19...

Wed, 01/04/2020 - 09:45


Touchstar says performed as expected in first quarter; plans talks with lenders

Logistics services group Touchstar said it had performed as expected in the first quarter, but was bracing for tougher times ahead and would hold talks...

Wed, 01/04/2020 - 09:31


Broker Forecast - Deutsche Bank issues a broker note on Rentokil Initial PLC

Deutsche Bank today reaffirms its hold investment rating on Rentokil Initial PLC (LON:RTO) and cut its price target to 390p (from 460p).

Broker Forecasts data...

Wed, 01/04/2020 - 09:30


Broker Forecast - RBC Capital Markets issues a broker note on Whitbread PLC

RBC Capital Markets today reaffirms its underperform investment rating on Whitbread PLC (LON:WTB) and cut its price target to 3400p (from 3800p).

Broker Forecasts data...

Wed, 01/04/2020 - 09:20


Fulcrum Utility Services scraps dividend, buyback plans; completes sale of domestic gas assets

Infrastructure and services provider Fulcrum Utility Services cancelled its dividend and share buyback plans. The company also warned on performance, flagging a more pronounced reduction...

Wed, 01/04/2020 - 09:18


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