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888 Holdings issues profit warning due to coronavirus
Online gaming company 888 Holdings said on Tuesday that if severe disruption to global sporting events continues until September, core earnings will take a hit of "up to high single digit millions of dollars".
Howden Joinery shuts depots to stem virus spread
Howden Joinery said it had closed all its UK depots after the government announced restrictions on business activities to curb the spread of Covid-19.
Dunelm cancels interim divi, draws down revolving credit facility
Dunelm Group updated the market in light of “rapidly changing developments” around the Covid-19 coronabirus pandemic on Tuesday, saying it had been working closely with its staff to assess the risks that they and its customers were facing from the outbreak across its business.
ScS shuts stores after government announces fresh measures to tackle Covid-19
ScS has insisted it remained a "resilient" business as it closed its 100-strong store network following the latest government measures to control the coronavirus outbreak.
London open: Stocks rise on Asian cues; PMIs in focus
London stocks rose in early trade on Tuesday, taking their cue from a positive session in Asia, which was boosted by the Federal Reserve’s latest stimulus announcement.
Sports Direct scraps plan to stay open
Sports Direct has scrapped a plan to stay open in defiance of the government's lockdown less than 12 hours after stating its stores were essential for people to stay fit.
Mulberry suspends dividend, expects 'small' loss in H2
Mulberry said on Tuesday that it was suspending its dividend and now expects to make a "small" loss in the second half due to the coronavirus pandemic.
Sabre Insurance delays annual results
Sabre Insurance Group said it was delaying its annual results in line with guidance from the financial regulator to allow firms time to take stock of the coronavirus impact.
Greencore appoints Emma Hynes as new CFO
Irish convenience food company Greencore has appointed Emma Hynes as its new chief financial officer with effect from 19 May.
Games Workshop to close stores, says Covid-19 has impacted trade
Miniature wargames manufacturer Games Workshop said on Tuesday that its performance has been hit by the Covid-19 outbreak and that it will be closing its stores, headquarters, factory and warehouses in the UK and the US with immediate effect.
London pre-open: Stocks seen up on positive Asian cues
London stocks were set to rise at the open on Tuesday, taking their cue from a positive session in Asia, which was boosted by the Federal Reserve’s latest stimulus announcement.
Rio Tinto curtails activity in South Africa and Canada
Rio Tinto will curtail operations in South Africa and Canada to comply with measures imposed by the countries' governments in response to the Covid-19 crisis.
Rio Tinto to curtail some operations, JD Sports pulls guidance
London open The FTSE 100 is expected to open 226 points higher on Tuesday, having closed down 3. 79% at 4,993. 89 on Monday.
Anglo American reviews South Africa lockdown order
Anglo American said it was reviewing the impact of the South African government's national lockdown to curb the spread of Covid-19.
Tuesday newspaper round-up: Hinkley Point, Cineworld, supermarkets, pensions
Thousands of workers from across the country will continue to gather on the Hinkley Point C nuclear site – but work on the £106bn HS2 project could be halted – amid differing approaches in the construction industry to physical distancing aimed at containing the spread of Covid-19. Some of the 4,000-strong workforce at Hinkley, Britain’s biggest construction project, have raised concerns over an outbreak of coronavirus at the Somerset site after the government shut down restaurants, pubs and schools to contain the outbreak elsewhere.
JD Sports pulls guidance, delays FY results in response to Covid-19 lockdown
JD Sports Fashion said it was pulling guidance and delaying publication of full year results after the UK government ordered non-essential shops to close down in response to the Covid-19 pandemic.
US close: Stocks sink as investors hold breath for stimulus
Shares on Wall Street finished in the red after a turbulent session on Monday, even after the US central bank announced its plans for open-ended asset purchases, as traders expressed their disappointment that a proposed $1. 6trn government spending package had failed to pass muster overnight in the Senate.