News And Announcements
Legal & General says it still intends to pay dividend
Legal & General said on Friday that it will pay a final dividend for 2019 despite a warning from the Bank of England.
Rockfire Resources still able to access Queensland site
Gold and base metal explorer Rockfire Resources updated the market on its operations in light of the Covid-19 coronavirus pandemic on Friday, saying it had instigated various measures as a response to the current economic, environmental and financial climate.
RA International gets $15.6m task order from IAP
Remote location services provider RA International Group has signed a further task order with IAP Worldwide Service for the provision of supply chain services, it announced on Friday.
Intelligent Ultrasound rolls out lung ultrasound simulator at Nightingale Hospital
Ultrasound artificial intelligence software and simulation company Intelligent Ultrasound Group announced on Friday that its ‘BodyWorks’ point-of-care ultrasound simulator (PoCUS), with its newly released free Covid-19 lung ultrasound module, has been made available in the emergency simulation centre at the NHS Nightingale Hospital at London's ExCel centre.
Salt Lake Potash remains on track at Lake Way Project
Salt Lake Potash announced the completion of civil earthworks at the process plant and non-process infrastructure site at its Lake Way Project on Friday.
Anexo Group defers dividend decision, opening of Leeds branch
Credit hire and legal services provider Anexo Group updated the market on its final results, as well as the impact of the Covid-19 coronavirus pandemic, on Friday, saying that following Financial Conduct Authority and Financial Reporting Council guidance, its audited results for 2019 would be delayed.
GVC's Coral, Ladbrokes refuse rent payments - report
Bookmaking company GVC's Ladbrokes and Coral UK operations are refusing to pay rent on more than 3,000 shops to save cash as the coronavirus pandemic hammered profits, Sky News reported on Friday.
Iomart Group ends year well as it faces coronavirus unknowns
Cloud computing company Iomart Group updated the market on its trading for the year ended 31 March, as well as the impact of the Covid-19 coronavirus pandemic on Friday, saying it expects to deliver another year of revenue growth, “strong” profitability and cash generation, in line with expectations.
Debenhams mulling administration - report
Beleaguered department store chain Debenhams is considering going into administration, it emerged on Friday.
Berenberg times price target on Centrica, retains rating
Berenberg has trimmed its price target and maintained its ‘hold’ recommendation on Centrica, after the British Gas owner pulled its dividend.
XP Power pulls divi, sees strong healthcare orders
Power controller maker XP Power pulled its final dividend and cautioned for the full year despite “exceptional” order strength in its healthcare unit due to the coronavirus.
TBC Bank creates extra loan buffer amid Covid crisis
TBC Bank Group said on Friday that the measures it had implemented in the last three weeks had allowed it to alter its day-to-day operations, in a bid to adapt to the current “unprecedented” operating environment, while maintaining the health, safety and wellbeing of its staff and customers.
Tullow Oil cuts capex, has $700m liquidity
Tullow Oil said on Friday that it has $700m of liquidity and has identified further capex savings amid a "challenging external environment".
Fox Marble curtails operations amid coronavirus pandemic
Fox Marble updated the market on the impact of the Covid-19 coronavirus pandemic on Friday, explaining that the spread of the disease was having a “significant impact” on the marble extraction and processing market, given the international travel and working restrictions in place in a number of countries.
Air France-KLM in talks over state-backed bailout - report
Air France-KLM is reported to be in discussions about securing a multi-billion euro bailout backed by the French and Dutch governments.
Eddie Stobart appoints finance veteran Adrian Collins as chairman
Eddie Stobart announced the appointment of Adrian Collins as its non-executive chairman on Friday, with immediate effect.
Clipper Logistics sets up PPE supply chain for NHS
Clipper Logistics has been contracted to provide services to establish a new supply chain for personal protective equipment (PPE) products for the NHS, it announced on Friday, delivering to hospital trusts and other healthcare providers across the UK.
Hunting replaces final dividend with smaller interim distribution
Hunting axed its 2019 final dividend on Friday, by withdrawing the relevant resolution from its annual general meeting.
China's services sector sees only marginal recovery
China’s crucial services sector recovered only marginally in March after tumbling to record lows in February, data published on Friday showed.
FirstGroup and Go-Ahead shares rise on DfT support for bus services
Both FirstGroup and Go-Ahead Group released statements on Friday in favour of a newly-announced financial support for crucial regional bus services in England, from the Department for Transport.