Infrastructure specialist Costain has cut management salaries by a third in response to the coronavirus outbreak.
The number of new Covid-19 infections and of fatalities continued to fall back at the start of the week.
Stocks on the Continent finished mostly higher at the start of the week, helped by news of slower rates of increase in the number of fatalities and infections in Italy and Spain and a positive start to the trading day on Wall Street.
Hammerson cratered after the shopping centre owner pulled its final dividend and guidance as government lockdowns forced many of its tenants to shutter their stores, leaving the company with a nearly two-thirds decline in quarterly rents.
Hammerson pulled its final dividend and guidance as government lockdowns forced many of its tenants to shutter their stores, leaving the company with a two-third decline in quarterly rents.
Defensives lent their weight to Monday's move to the upside, even as investor sentiment was buoyed by Wall Street's ability seeming ability to avoid its now customary stumble at the start of the week.
Aveva Group revealed on Monday that non-executive director Peter Herweck had acquired 2,500 ordinary shares in the FTSE 100-listed engineering and industrial software company.
London’s benchmark broke into the green by the close on Monday, having spent much of the session below the waterline as oil prices slid and as investors came to terms with the prospect of a prolonged lockdown.
Manufacturing group Melrose issued a profits warning on Monday and pulled its final dividend as it reported a "significan deterioration" in end markets due to the coronavirus pandemic.
Budget airline easyJet grounded its entire fleet in response to the coronavirus pandemic as founder and major shareholder Stelios Haji-Ioannou threatened to pick off board directors one by one unless the company cancelled a large aircraft order to save cash.
Pan African Resources said on Monday that it has implemented the necessary measures at all its operations to conduct essential services during the 21-day national lockdown period in South Africa, in place in response to the Covid-19 coronavirus pandemic.
JPMorgan Cazenove downgraded shares of Cineworld to ‘neutral’ from ‘overweight’ on Monday and slashed the price target to 90p from 300p after the company shut the doors to its cinemas due to the coronavirus outbreak.
Drug discovery and development company ImmuPharma announced subscriptions to raise £1. 5m through the issue of 15 million new ordinary shares at a price of 10p each on Monday.
Investment banking group Numis Corporation expects to report a 10% jump in second-half revenues despite the period being marred with elevated political uncertainty and significant declines in global markets in reaction to the Covid-19 pandemic.
Thor Mining updated the market on the sale of the royalty it holds over the Spring Hill gold project on Monday.
Stocks on the Continent were trading on a mixed note at the start of the week, helped by news of slower rates of fatalities and infections in Italy and Spain and a positive start to the trading day on Wall Street.
Arricano Real Estate announced on Monday that its final shopping centre, South Gallery, has now been impacted by Ukraine local government restrictions as to customer access due to the Covid-19 coronavirus pandemic.
Franchised residential sales and lettings agency Hunters Property updated the market on the impact of the Covid-19 coronavirus pandemic on current trading on Monday, and on the publication of its results for the year ended 31 December.
Teleradiology service provider Medica Group announced on Monday that Richard Jones has been appointed as its chief financial officer, and an executive director on its board.
There’s a 75% chance that Rolls-Royce will need to issue equity, JPMorgan Cazenove said on Monday in a note on the European civil aerospace sector.
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