Costain flags £45m hit after latest arbitration decision reverses previous compensation award

Costain said its first-half results would include a £45m hit following after an arbitration decision found that the Welsh Government was not required to compensate...

Thu, 03/09/2020 - 10:05


Power Metal Resources announces departure of non-exec director Iain Macpherson

Mining group Power Metal Resources said that Iain Macpherson has stepped down as non-executive director of the company with immediate effect.

Chief executive Paul Johnson...

Thu, 03/09/2020 - 10:04


Stimulus and vaccine hopes tip the scales in favour of the FTSE, and Jet2-owner Dart’s recovery hits new headwinds

“The markets feel like they are being weighed on a set of scales at the moment with stimulus and vaccine hopes on one side and...

Thu, 03/09/2020 - 10:00


Broker Forecast - Morgan Stanley issues a broker note on Land Securities Group Plc

Morgan Stanley today downgrades its investment rating on Land Securities Group Plc (LON:LAND) to equal weight (from overweight) and cut its price target to 610p...

Thu, 03/09/2020 - 10:00


Revolution Bars says trading ahead of expectations as bars reopen; CEO calls on govt for 'indication' about further assistance

Cocktail bar owner Revolution Bars reported that two-thirds of its estate has re-opened and that trading has been ahead of expectations with the help of...

Thu, 03/09/2020 - 09:57


Tax reforms, avoiding corporate insolvency, resuming earnings guidance, and why the return to schools and offices matters to investors

This week’s podcast revisits the topic of raising taxes to pay for Covid support and how the possible changes would affect us. Julie Palmer from...

Thu, 03/09/2020 - 09:48


EnQuest sees production in upper range of guidance; profit slumps in H1 on lower oil prices

Petroleum exploration and production company EnQuest said full-year productions was expected within the upper band of expectations and reported that first-half profit slumped on falling...

Thu, 03/09/2020 - 09:47


Omega Diagnostics CE-Marks Mologic COVID-19 antibody test

Disease test kit supplier Omega Diagnostics said that it has CE-Marked Mologic's lateral flow antibody test for COVID-19 for sale under Omega's VISITECT brand.

Omega...

Thu, 03/09/2020 - 09:44


Broker Forecast - UBS issues a broker note on National Grid PLC

UBS today reaffirms its buy investment rating on National Grid PLC (LON:NG.) and cut its price target to 920p (from 980p).

Broker Forecasts data provided...

Thu, 03/09/2020 - 09:40


Mpac sees lower H1 revenue and reduced order intake; no interim dividend

Packaging company Mpac has reported lower revenue and pre-tax profit in the first half as order intake fell while customers delayed investment in projects.

The...

Thu, 03/09/2020 - 09:35


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