Cairn Energy chairman Ian Tyler to retire

Energy company Cairn Energy said its chairman, Ian Tyler, would retire from the company once his successor had been appointed, expected within the next year....

Thu, 07/05/2020 - 08:10


Broker Forecast - Deutsche Bank issues a broker note on Direct Line Insurance Group PLC

Deutsche Bank today reaffirms its buy investment rating on Direct Line Insurance Group PLC (LON:DLG) and cut its price target to 350p (from 355p).

Broker...

Thu, 07/05/2020 - 08:10


Melrose Industries reports 20% fall in sales as factory closures hit in first four months of 2020

Melrose Industries has reported a 20% fall in group sales in the four months to 30 April 2020 compared to the same period a year...

Thu, 07/05/2020 - 08:09


GlaxoSmithKline sees higher proceeds from sale of stake in Hindustan Unilever following share price rise

GlaxoSmithKline said it expected to receive higher proceeds from the sale of its 5.7% stake Indian public company Hindustan Unilever following an appreciation in the...

Thu, 07/05/2020 - 08:06


Broker Forecast - Goldman Sachs issues a broker note on ASOS Plc

Goldman Sachs today reaffirms its buy investment rating on ASOS Plc (LON:ASC) and cut its price target to 2243p (from 2800p).

Broker Forecasts data provided...

Thu, 07/05/2020 - 08:00


BT scraps dividend; reports a fall in profit amid Covid-19 hit to performance

BT scrapped its dividend and said it would resume payment at a lower rate as the Telecoms giant sought to firm up liquidity after reporting...

Thu, 07/05/2020 - 07:56


Rolls-Royce on track for cash savings of £1bn in 2020 as aerospace market to take years to recover

Rolls-Royce has warned of 'significant disruption' to the global aerospace industry due to Covid-19, which may take 'several years' to recover, but said that it...

Thu, 07/05/2020 - 07:50


InterContinental Hotels warns of further pain ahead as occupancy falls to record low

InterContinental Hotels Group warned of a deeper slump in revenue per room in April after occupancy levels dropped to 'historic lows' in March and April...

Thu, 07/05/2020 - 07:44


RSA Insurance reports 'strong' Q1; claims frequency down in April due to Covid-19

RSA Insurance Group has reported 'strong' first quarter results, with group business operating profit up by double-digit percentages, but said that claims frequency was down...

Thu, 07/05/2020 - 07:30


IAG swings to loss, sees more pain ahead; expects return to service in July

British-airways owner International Consolidated Airlines Group swung to a loss in the first quarter and expected a further deterioration in performance in the second quarter...

Thu, 07/05/2020 - 07:23


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