System1 scraps dividend, buyback as Covid-19 crisis hurts revenue

Market research agency System1 warned of a lower annual profit, scrapped its dividend and suspended a share buyback after its sales were hit in the...

Mon, 27/04/2020 - 08:03


Broker Forecast - Peel Hunt issues a broker note on Greggs PLC

Peel Hunt today reaffirms its reduce investment rating on Greggs PLC (LON:GRG) and cut its price target to 1500p (from 2000p).

Broker Forecasts data provided...

Mon, 27/04/2020 - 08:00


Lok'nStore raises dividend despite fall in profit

Lok'nStore increased its dividend as the self-storage company despite reporting a fall in profit.

For the six months to 31 January 2020, pre-tax profit...

Mon, 27/04/2020 - 07:57


Trakm8 to miss adjusted profit target due to Covid-19 disruptions

Telematics and data provider Trakm8 said it expected to miss its target of achieving an adjusted profit due to disruptions caused by the Covid-19 crisis....

Mon, 27/04/2020 - 07:55


Ashtead warns on profit as trading volumes hurt by Covid-19 crisis

Tool hire company Ashtead warned on profit as performance as trading volumes had been impacted negatively by the government measures undertaken to contain the virus....

Mon, 27/04/2020 - 07:48


Omega Diagnostics gets CE mark for Covid-19 test

Disease testing kit supplier Omega Diagnostics said it had CE-marked partner Mologic's first generation antibody test for Covid-19.

Omega had agreed to use its manufacturing...

Mon, 27/04/2020 - 07:46


UK Commercial Property REIT cuts dividend in half as tenants struggle with rent

Real estate investor UK Commercial Property REIT said it had reduced its quarterly dividend by half after some if its tenants were unable to pay...

Mon, 27/04/2020 - 07:39


Faron Pharmaceuticals drug included in WHO's trial of potential Covid-19 treatments

Biopharmaceutical company Faron Pharmaceuticals said it would donate supplies of its investigational intravenous interferon drug to patients in the World Health Organization's Solidarity trial investigating...

Mon, 27/04/2020 - 07:38


Greencoat UK Wind buys Scottish wind farm from Vattenfall for £320m

Greencoat UK Wind said it had agreed to acquire the 240 megawatt South Kyle wind farm in Scotland from Sweden's Vattenfall for £320m.

The acquisition...

Mon, 27/04/2020 - 07:32


InterContinental Hotels beefs up credit lines; sees improving performance in China

Hotel group InterContinental Hotels said it had secured new financing arrangements to strengthen its liquidity position and said performance in Greater China had continued to...

Mon, 27/04/2020 - 07:29


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