Ocado completes £1bn capital raise

Online grocer Ocado has announced it has raised just over £1bn following the successful completion of a placing, retail offer and convertible bond offering.

The...

Thu, 11/06/2020 - 08:12


Broker Forecast - Peel Hunt issues a broker note on UDG Healthcare PLC

Peel Hunt today reaffirms its buy investment rating on UDG Healthcare PLC (LON:UDG) and cut its price target to 1050p (from 1165p).

Broker Forecasts data...

Thu, 11/06/2020 - 08:10


Just Eat Takeaway.com to acquire Grubhub for $7.3bn

Just Eat Takeaway.com said it would acquire Grubhub in a $7.3bn deal as the food delivery company looked to bolster its presence in the US....

Thu, 11/06/2020 - 08:03


Broker Forecast - Peel Hunt issues a broker note on Lancashire Holdings Ltd

Peel Hunt today reaffirms its hold investment rating on Lancashire Holdings Ltd (LON:LRE) and raised its price target to 705p (from 630p).

Broker Forecasts data...

Thu, 11/06/2020 - 08:00


TalkTalk Telecom reports EBITDA growth of 9.7%, maintains dividend as it forecasts £15m hit from COVID-19

Broadband retailer TalkTalk Telecom has reported slightly lower revenue, while headline EBITDA grew 9.7% to £260m for the year to 31 March 2020, helped by...

Thu, 11/06/2020 - 07:57


Johnson Matthey halves dividend, eyes 2,500 jobs cut as profit falls on weaker demand

Chemicals company Johnson Matthey halved its dividend and said it would cut about 2,500 jobs after profit fell on lower demand for its pollution filters...

Thu, 11/06/2020 - 07:54


CMC Markets hikes dividend as profit swells on surge in trading activity

Online trading platform CMC Markets hiked its dividend after reporting a jump in profit as higher volatility across markets increased trading activity and boosted income....

Thu, 11/06/2020 - 07:32


WPP appoints former Apple VP Ahrendts to board

Advertising group WPP has announced the appointment of Angela Ahrendts DBE to its board as a non-executive director, effective from 1 July 2020.

She was...

Thu, 11/06/2020 - 07:32


Babcock swings to loss on write downs in aviation; defers dividend decision

Defence company Babcock swung to a loss said it would defer its decision on a final dividend until there was greater visibility on the impact...

Thu, 11/06/2020 - 07:23


Unilever announces cross-border merger to create single parent company with more 'strategic flexibility'

Unilever has announced plans to unify its group corporate structure under a single parent company, Unilever PLC, via a cross-border merger, as it said the...

Thu, 11/06/2020 - 07:23


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