Rio Tinto cuts dividend as profit falls 41%; warns of coronavirus impact

Mining company Rio Tinto booked a 41% fall in annual profit and warned that the coronavirus outbreak could have a short-term impact on supply chains....

Wed, 26/02/2020 - 08:19


Leeds Building Society profit falls as mortgage assets weigh down by international accounting rules

Leeds Building Society reported lower annual profit as the value of its mortgage assets were hurt by international accounting rules.

Pre-tax profit fell to £88.0m...

Wed, 26/02/2020 - 08:10


Broker Forecast - Peel Hunt issues a broker note on Burford Capital Ltd

Peel Hunt today reaffirms its buy investment rating on Burford Capital Ltd (LON:BUR) and cut its price target to 1094p (from 1164p).

Broker Forecasts data...

Wed, 26/02/2020 - 08:10


Weir posts deep annual loss after North America oil division writedown

Engineering company Weir swung to a deep annual loss after it wrote down the value of its North American oil and gas business.

Pre-tax losses...

Wed, 26/02/2020 - 08:07


Augean swings to loss as legal costs from landfill tax dispute keep lid on growth

Waste management businesses Augean swung to an annual loss as a rise in revenue was offset by legal costs as the company disputed an outstanding...

Wed, 26/02/2020 - 08:02


Broker Forecast - Peel Hunt issues a broker note on Northgate PLC

Peel Hunt today reaffirms its buy investment rating on Northgate PLC (LON:NTG) and cut its price target to 400p (from 450p).

Broker Forecasts data provided...

Wed, 26/02/2020 - 08:00


Unite lifts dividend 14% as rental income boosts adjusted profit

Student accommodation developer Unite swung to a full-year loss owing to costs associated with an acquisition, though its underlying performance improved on higher rental income....

Wed, 26/02/2020 - 07:54


Avingtrans half-yearly profit halves on weakness in Energy Steel and Booth businesses

Medical and energy engineering company Avingtrans said half-year profit halved as performance was hurt by weakness from the acquired Energy Steel and Booth businesses....

Wed, 26/02/2020 - 07:53


SSP takes up to £5m coronavirus profit hit in February

Travel location convenience store group SSP warned that the ongoing coronavirus outbreak had taken a £5m chunk out of its operating profit, as footfall plunges...

Wed, 26/02/2020 - 07:48


Eddie Stobart Logistics losses jump on asset writedowns

Logistics company Eddie Stobart Logistics reported a sharp increase in half-yearly losses as revenue growth was offset by asset writedowns. The company also warned of...

Wed, 26/02/2020 - 07:44


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