Savills pre-tax profit down 69% in H1 as Asia Pacific and US businesses hit by COVID-19

Estate agent Savills has announced a fall in revenue and pre-tax profits as commercial transaction revenue reduced 23% overall in the first half of 2020...

Thu, 06/08/2020 - 08:11


Broker Forecast - Peel Hunt issues a broker note on Ocado Group Plc

Peel Hunt today reaffirms its buy investment rating on Ocado Group Plc (LON:OCDO) and raised its price target to 2490p (from 1700p).

Broker Forecasts data...

Thu, 06/08/2020 - 08:10


Imperial Brands Oliver Tant to retire as CFO

Tobacco giant Imperial Brands said that Oliver Tant had decided to retire as chief financial officer.

Tant would leave the company once a suitable...

Thu, 06/08/2020 - 08:03


Glencore swings to loss as virus impact dents commodity prices

Mining company Glencore swung to a loss in the first half of the year, as the impact of the pandemic commodity prices.

For the...

Thu, 06/08/2020 - 08:01


Broker Forecast - Credit Suisse issues a broker note on British American Tobacco PLC

Credit Suisse today reaffirms its outperform investment rating on British American Tobacco PLC (LON:BATS) and cut its price target to 3930p (from 4070p).

Broker Forecasts...

Thu, 06/08/2020 - 08:00


GlaxoSmithKline blood cancer treatment gets US regulatory nod

Pharmaceutical company GlaxoSmithKline said the US Food and Drug Administration had approved its a drug used to treat blood cancer patients.

The drug, BLENREP, was...

Thu, 06/08/2020 - 07:53


Phoenix delivers improved cash generation in H1; ups cash generation target range following ReAssure acquisition

Insurance company Phoenix has reported 'strong' cash generation in the first half of 2020 due to new business and raised its 2020 cash generation target...

Thu, 06/08/2020 - 07:46


Aviva reinstates dividend, but warns payout policy under review as profit falls 29%

Insurance company Aviva resumed its dividend but said it would review its payout policy after first-half profit was dented by Covid-19 and weather related claims....

Thu, 06/08/2020 - 07:39


ITV profit slumps as pandemic hurts advertising revenue

Broadcaster ITV reported a sharp decline in profit in the first half of the year as its production and advertising was 'significantly' impacted by the...

Thu, 06/08/2020 - 07:26


Mondi H1 results hit by softer pricing in 'challenging' environment; resumes dividend payments

Packaging company Mondi has reported a decline in revenue for the first half of 2020 and lower underlying EBITDA, citing 'softer pricing' in a 'challenging'...

Thu, 06/08/2020 - 07:23


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