Broker Forecast - SP Angel issues a broker note on Great Eastern Energy Corporation

SP Angel today reaffirms its strong buy investment rating on Great Eastern Energy Corporation (LON:GEEC) and cut its price target to 252p (from 282p).

Broker...

Wed, 03/06/2020 - 08:00


Forterra warns 225 jobs face axe amid restructuring as sales slump

Masonry products maker Forterra said it was taking steps to restructure the business amid weaker demand that could lead to 225 job cuts as revenue...

Wed, 03/06/2020 - 07:59


Westminster conducts trial of fever screening equipment at Stockholm airport

Security services group Westminster said it had conducted a successful trial of its fever screening equipment in association with Menzies Aviation and their client, Air...

Wed, 03/06/2020 - 07:57


Shefa Gems appoints Tali Shalem as CEO

Israel focused gem miner Shefa Gems said it had appointed Tali Shalem as its new chief executive.

Shalem is the daughter of the late Avi...

Wed, 03/06/2020 - 07:54


LondonMetric Property makes two long income acquisitions for £11.6m

Property investor and developer LondonMetric Property announced two long income acquisitions for £11.6m, reflecting a blended net initial yield of 5.1%.

The first transaction comprised...

Wed, 03/06/2020 - 07:49


Vertu Motors profit drops 71%; records losses in April and May

Auto retailer Vertu Motors booked a sharp fall in annual profit after it wrote down the value of its assets to reflect the impact of...

Wed, 03/06/2020 - 07:49


Ibstock mulls cutting 15% of workforce as Covid-19 impact hurts sales

Concrete products maker Ibstock said it was reviewing steps to scale back operations in an effort to slash costs that could lead to a 15%...

Wed, 03/06/2020 - 07:40


Ryanair passenger volumes plummet 99.5% in May

Low-cost carrier Ryanair said its passenger volumes plunged 99.5% in the month of May compared to the same period a year earlier, amid Covid-19 travel...

Wed, 03/06/2020 - 07:36


React launches equity raising to fund marketing, contract pipeline

Industrial cleaning group React launched a £1.25m share placing to fund sales and marketing activities and support its contract pipeline.

New shares in the company...

Wed, 03/06/2020 - 07:31


Chemring profit jumps amid 'strong' performance in sensors & information segment

Defence company Chemring said first-half profit surged underpinned by 'strong' performance in sensors & information segment.

For the six months to 30 April, pre-tax profit...

Wed, 03/06/2020 - 07:22


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