Custodian REIT cuts dividend target after profit plunges as property valuation declines

Commercial real estate investment company Custodian REIT cut its dividend target after reporting a sharp fall in profit on a decline in the value of...

Tue, 23/06/2020 - 09:49


Velocity Composites books loss as Covid-19 crisis hits airline sector

Advanced materials supplier to the aerospace market Velocity Composites booked a first-half loss after the Covid-19 crisis hammered airline companies.

Pre-tax losses for the six...

Tue, 23/06/2020 - 09:47


Broker Forecast - Berenberg issues a broker note on Aviva PLC

Berenberg today initiates coverage of Aviva PLC (LON:AV.) with a hold investment rating and price target of 477p.

Broker Forecasts data provided by www.sharesmagazine.co.uk...

Tue, 23/06/2020 - 09:40


UK manufacturing, services PMI both jump in June

The UK manufacturing price managers' index improved to 50.1 in June, up from 40.7 in May, according to an initial 'flash' reading from IHS Markit....

Tue, 23/06/2020 - 09:35


Broker Forecast - Berenberg issues a broker note on Admiral Group PLC

Berenberg today initiates coverage of Admiral Group PLC (LON:ADM) with a hold investment rating and price target of 2566p.

Broker Forecasts data provided by ...

Tue, 23/06/2020 - 09:30


1pm profit to slump on bad debt provisioning

Specialist finance provider to businesses 1pm said it expected to report a drop in annual profit amid a rise in bad debt provisioning owing to...

Tue, 23/06/2020 - 09:30


Benchmark completes sale of Improve International for up to £12.75m

Aquaculture genetics, health and specialist nutrition business Benchmark said it had completed the sale of Improve International for up to £12.75m.

Improve International, a global...

Tue, 23/06/2020 - 09:26


Walker Greenbank collaborates with designer Ben Pentreath

Luxury furniture retailer Walker Greenbank said its Morris & Co brand was collaborating with interior designer and architect Ben Pentreath.

The collaboration had produced a...

Tue, 23/06/2020 - 09:10


Totally executive Michael Steel to stand down

Out-of-hospital care provider Totally said executive Michael Steel would stand down next month to become chief executive of youth-focused charity Whatever It Takes.

Steel was...

Tue, 23/06/2020 - 09:07


Canadian Overseas Petroleum to raise £700K through equity placing

Oil and gas exploration and development company Canadian Overseas Petroleum detailed plans to raise £700K through an equity raise.

The company entered into an...

Tue, 23/06/2020 - 09:06


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