Broker Forecast - JP Morgan Cazenove issues a broker note on Compass Group PLC

JP Morgan Cazenove today reaffirms its overweight investment rating on Compass Group PLC (LON:CPG) and cut its price target to 1600p (from 1920p).

Broker Forecasts...

Fri, 17/04/2020 - 08:00


Flutter Entertainment revenue down 32% following suspension of Irish horse racing

Gambling company Flutter Entertainment said revenue fell 32% since the Irish horse racing was suspended due to the Covid-19 pandemic. The company also said revenue...

Fri, 17/04/2020 - 07:57


Tungsten appoints Chris Allen as CFO

Electronic invoicing company Tungsten said it had appointed Chris Allen as its chief financial officer.

Allen was previously CFO for UK and Europe at payments...

Fri, 17/04/2020 - 07:57


RA International annual profit up 35%; to pay higher final dividend

Service provider to remote locations RA International reported a 35% rise in annual profit and said it would pay a higher final dividend, while touting...

Fri, 17/04/2020 - 07:54


Urban Exposure scraps final dividend; receives enquiries from potential investors

Specialist developer finance provider Urban Exposure scrapped its proposed 2019 final dividend and said it had received approaches from potential investors after a restructure proposal...

Fri, 17/04/2020 - 07:47


Associated British Foods eligible to access government Covid-19 lending programme

Primark owner Associated British Foods said it had received confirmation that it was eligible to access funding under the UK government's Covid lending programme....

Fri, 17/04/2020 - 07:47


Foxtons revenue falls, flags potential liquidity gap in worst-case outlook; details plans to raise £22m

Real Estate agency Foxtons reported a fall in revenue on lower lettings activity as the government-imposed lockdown measures to suppress the Covid-19 pandemic impacted trading...

Fri, 17/04/2020 - 07:42


Purplebricks CFO James Davies to stand down in May

Estate agency Purplebricks said James Davies would resign as its chief financial officer next month.

He would be replaced by Andrew Botha, effective from 11...

Fri, 17/04/2020 - 07:39


SRT Marine raises £5.3m to weather Covid-19 storm

Maritime surveillance group SRT Marine said it had raised £5.3m of cash via a combination of loans and equity as part of a 'Covid-19 resilience'...

Fri, 17/04/2020 - 07:35


Workspace offers customers 50% rent reduction

Flexible office space supplier Workspace said it was offering customers at its business centres a 50% rent reduction during the UK government Covid-19 lockdown period....

Fri, 17/04/2020 - 07:31


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