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SIG opts against dividend and shareholder payouts
SIG has scrapped its dividend and cash returns to shareholders on hold after posting a £9m loss for the first two months of the financial year.
Dixons Carphone warns on profit, pulls guidance
Electrical retailer Dixons Carphone warned on profits, pulled on guidance and placed its final dividend on review as the coronavirus pandemic hit trading.
AstraZeneca hyperkalaemia drug gets approval in Japan
AstraZeneca said on Thursday that its Lokelma drug has been approved in Japan for the treatment of patients with hyperkalaemia - elevated levels of potassium in the blood.
Covid-19 to dent March revenues, margins at Quiz
Quiz warned on Thursday that March revenues and margins were set to be "materially" below the board’s expectations as it takes a hit from the coronavirus outbreak.
Rent payments plunge at Lakeside owner Intu
Intu Properties is in discussions with its lenders after seeing rent payments tumble, the shopping centre owner said on Thursday.
Senior pulls guidance and suspends dividend
Manufacturing and engineering company Senior updated the market on Thursday, saying that since the release of its 2019 results it had been closely monitoring the development of the Covid-19 coronavirus pandemic.
Retail sales already on back foot before Covid-19 outbreak - ONS
The UK high street was already flagging in February, official data showed on Thursday, as heavy rain and widespread flooding kept people out of shops.
Reach expects Covid-19 impact but leaves dividend unchanged
Reach said it expected the coronavirus crisis to hit advertising revenue, print sales and events but the publisher of the Mirror and Express newspapers left its dividend intact for now.
Covid-19 to send German consumer sentiment sliding in April
German consumer confidence looked set to slide in April amid the coronavirus outbreak, to its lowest level since 2009, according to a survey released on Thursday by market research group GfK.
London open: Stocks fall ahead of BoE announcement, US jobless claims
London stocks fell in early trade on Thursday as nervousness set in ahead of the release of the latest US initial jobless claims and a Bank of England rate decision.
Covid-19 scuppers William Hill's CFO appointment
William Hill is looking for a new finance director again after DS Smith's Adrian Marsh decided to stay put during the Covid-19 crisis.
FCA gives firms 2 month extension to file results
Britain's financial regulator gave listed companies an extra two months to file results to properly gauge the impact of the Covid-19 pandemic.
Weir scraps dividend and cuts costs
Weir Group is scrapping its dividend and cutting costs to withstand declining demand caused by the Covid-19 crisis.
Big Yellow to decide on dividend 'in due course'
Self-storage company Big Yellow said on Thursday that it was considering a number of initiatives to conserve cash in the short term due to the coronavirus, that it will agree rent holidays or deferrals for some customers, and that a decision about its final dividend will be made "in due course".
Dixons Carphone puts divi on ice, Capco suspends buybacks
London open The FTSE 100 is expected to open 133 points lower on Thursday, having closed up 4. 45% at 5,688. 20 on Wednesday.
James Fisher suspends divi, imposes boardroom pay cut
Marine engineering services firm James Fisher & Sons suspended its dividend until further notice, cut boardroom pay by 20% a fifth to save cash and mitigate the impact of the Covid-19 pandemic.
Capital & Counties suspends share buyback amid coronavirus outbreak
Capital & Counties announced on Thursday that it was temporarily suspending its share buyback programme and will defer some rental payments due to the Covid-19 outbreak, as it said it is still is too early to assess the full impact on rental income and property valuations.
London pre-open: Stocks seen lower ahead of jobless claims, BoE
London stocks were set to fall at the open on Thursday as investors eye the release of the latest US initial jobless claims figures and a Bank of England rate decision.
British Land scraps dividend and waives rents
British Land has postponed dividends, waived £3m of rents from smaller tenants and halted work at big developments in a series of measures responding to the Covid-19 crisis.
Thursday newspaper round-up: Primark, unemployment, emergency Covid-19 loans
Gordon Brown has urged world leaders to create a temporary form of global government to tackle the twin medical and economic crises caused by the Covid-19 pandemic. The former Labour prime minister, who was at the centre of the international efforts to tackle the impact of the near-meltdown of the banks in 2008, said there was a need for a taskforce involving world leaders, health experts and the heads of the international organisations that would have executive powers to coordinate the response.