PetroTal books first-quarter loss as lower oil price weighs

Peru-focused oil company PetroTal booked a first-quarter loss after lower oil prices hurt revenue and prompted it to report a $40.8m derivative liability.

Net losses...

Fri, 10/07/2020 - 09:02


InfraStrata to raise £9m through equity placing

Infrastructure company InfraStrata said it had conditionally raised about £9.0m through the placing of shares.

The net proceeds from the placing would strengthen the company's...

Fri, 10/07/2020 - 09:01


Samuel Heath & Sons scraps dividend, warns of 'significant' loss amid Covid-19 impact

Samuel Heath & Sons scrapped its dividend and warned of a 'significant loss' as output fell sharply in June owing to the Covid-19 pandemic.

Output...

Fri, 10/07/2020 - 08:56


Gym Group to reopen on 25 July

The Gym Group confirmed that it would reopen its fitness centres from 25 July, in line with government guidance.

The company said 160 sites across...

Fri, 10/07/2020 - 08:44


Litigation Capital Management warns on revenue amid delays in court proceedings

Litigation funding company Litigation Capital Management said delays in court proceedings would hurt annual revenue.

The Covid-19-related delays on court proceedings, particularly in Australia,...

Fri, 10/07/2020 - 08:41


Broker Forecast - Barclays Capital issues a broker note on Micro Focus International PLC

Barclays Capital today reaffirms its equal weight investment rating on Micro Focus International PLC (LON:MCRO) and cut its price target to 420p (from 780p).

Broker...

Fri, 10/07/2020 - 08:40


FTSE opens 0.4% lower as new infections temper recovery hopes

UK stocks opened lower on Friday as any optimism sparked by plans to reopen more local businesses, including gyms, was tempered by a fast-climbing global...

Fri, 10/07/2020 - 08:39


Broker Forecast - Barclays Capital issues a broker note on Computacenter PLC

Barclays Capital today reaffirms its equal weight investment rating on Computacenter PLC (LON:CCC) and raised its price target to 1600p (from 1320p).

Broker Forecasts data...

Fri, 10/07/2020 - 08:30


Abbey scraps final dividend; sees annual profit down 38% amid Covid crisis

Housebuilder Abbey scrapped its final dividend and said it expected annual profit to drop by more than a third as performance in its final quarter...

Fri, 10/07/2020 - 08:27


Broker Forecast - Barclays Capital issues a broker note on Avast Plc

Barclays Capital today reaffirms its overweight investment rating on Avast Plc (LON:AVST) and raised its price target to 580p (from 440p).

Broker Forecasts data provided...

Fri, 10/07/2020 - 08:20


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