Unite completes £300m fundraising through placing

Student accommodation developer Unite announced it has raised approximately £300m through a placing, the proceeds of which will be used to accelerate its growth in...

Thu, 25/06/2020 - 08:14


Capita warns of lower revenue amid pandemic impact, contract losses

Outsourcing and services company Capita warned of lower first-half revenue this year as performance was hurt by the Covid-19 pandemic and contract losses. Revenue in...

Thu, 25/06/2020 - 08:11


Broker Forecast - Peel Hunt issues a broker note on Majestic Wine PLC

Peel Hunt today reaffirms its hold investment rating on Majestic Wine PLC (LON:WINE) and raised its price target to 400p (from 275p).

Broker Forecasts data...

Thu, 25/06/2020 - 08:10


UK Commercial Property REIT completes £40m disposal of last City of London office

Real estate investor UK Commercial Property REIT (UKCM) has completed the sale of its only City of London office asset Eldon House for £40m, following...

Thu, 25/06/2020 - 08:05


EasyJet to raise £419m through discounted equity raise

Budget airline EasyJet detailed plans to raise about £419m from the placing of shares at a discount.

The company placed about 59,541,498 shares, approximately...

Thu, 25/06/2020 - 08:04


Broker Forecast - Peel Hunt issues a broker note on Kenmare Resources PLC

Peel Hunt today reaffirms its buy investment rating on Kenmare Resources PLC (LON:KMR) and raised its price target to 420p (from 395p).

Broker Forecasts data...

Thu, 25/06/2020 - 08:00


Auto Trader profit rises, but short-term outlook remains uncertain

Digital automotive marketplace Auto Trader reported an uptick in profit but said the short-term outlook remained uncertain despite an initial bounce back in used car...

Thu, 25/06/2020 - 07:59


Savills sees COVID-19 hit global real estate volumes; less transactional businesses performing well

Estate agent Savills has reported that COVID-19 has had a significant impact on global real estate market volumes as lockdowns reduced the volume of transactional...

Thu, 25/06/2020 - 07:58


Royal Mail announces management restructure affecting 2,000 roles as COVID-19 hits revenue

Royal Mail has announced a management restructure that will impact around 2,000 roles as it said it was taking action on costs to address the...

Thu, 25/06/2020 - 07:40


BAE Systems touts 'much stronger' second half after pandemic dents Q2 performance

Defence company BAE Systems said it expected 'much stronger' performance in the second half of the year after the impact of the pandemic dented first-half...

Thu, 25/06/2020 - 07:29


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