Latest News

Regional REIT confirms dividend, future payouts on review
Regional REIT confirmed its dividend for the fourth quarter of 2. 55p a share but warned that future payouts would be subject to review in light of the Covid-19 pandemic.

APi Group FY revenues rise on segment growth
APi Group Corporation reported a 9. 8% improvement in combined net revenues in its final results on Thursday, to $4. 1bn.

Volvere in the black as it faces Covid crisis
Growth and turnaround investment specialist Volvere said it expected to pre-tax profit of £3. 1m, swinging from a loss of £2. 5m.

Caledonia Mining Q1 gold production rises
Caledonia Mining Corporation reported a rise in gold production from the Blanket Mine in Zimbabwe for the three months ended 31 March on Thursday.

International PPL posts growth in FY NAV per share
International Public Partnerships reported net asset value per share growth to 150. 6p from 148. 1p in its full-year results on Thursday.
NMC Health placed in administration
Beleaguered Gulf hospital operator NMC Health was placed in administration on Thursday after one of its largest creditors took legal action.

FTSE 250 movers: Leisure and transport names pace gains
Leisure related stocks powered Thursday's 3. 44% advance on the FTSE 250 to 16,407. 92.

FTSE 100 movers: Insurers, precious metals miners pace gains
Insurers' shares paced the market advance at the end of the holiday-shortened week, benefiting from the general 'risk-on' environment and positive analyst chatter.
US jobless claims hit 6.6m as Covid-19 takes its toll
The number of Americans filing for unemployment benefits last week was much higher than expected as the coronavirus pandemic continues to take its toll, according to figures released by the Labor Department on Thursday.

Europe close: Stocks rise despite doubts around date of lockdown roll-back
Stocks on the Continent finished higher at the end of the week and near their best levels of the session, as investors mulled progress in containing the Covid-19 pandemic and in some cases reassessed the likelihood of a gradual roll-back in social-distancing measures over coming weeks.

Berenberg lowers Assura to 'hold' following 'opportunistic' placing
Analysts at Berenberg lowered real estate firm Assura from 'buy' to 'hold' on Thursday, stating the group's "opportunistic" share placing would stress dividend cover.

Easyjet to defer 24 Airbus jet deliveries over next three years
Easyjet has clinched a deal with jet manufacturer Airbus to defer the delivery of 24 new aircraft over the next roughly three years to boost its short-term liquidity and to ready the business for when the European airspace starts to reopen.

Crest Nicholson moves to full shutdown
Maintaining operations in the wake of the Covid-19 pandemic has now become impractical, one of the UK's largest homebuilders said.

London close: Stocks end short week in the green
London stocks managed to finish the last session of a truncated week in the green on Thursday, as investors spent the afternoon digesting the latest US jobless claims data.

Director dealings: Invinity CEO picks up shares
Invinity Energy Systems revealed on Thursday that chief executive Lawrence Zulch had acquired 40,000 ordinary shares in the AIM-listed batteries manufacturer.

Saudi and Russian Federation agree on oil output cuts, Journal says
Moscow and Riyadh have reached an agreement in principle to cut their crude oil output.

Broker tips: Assura, William Hill
Analysts at Berenberg lowered real estate firm Assura from 'buy' to 'hold' on Thursday, stating the group's "opportunistic" placing would stress dividend cover.

Federal Reserve to purchase higher-rated junk bonds through new facility
America's central bank stepped up to the plate yet again with plans to provide as much as $2. 3trn in financing for the private sector, especially for small and medium-sized companies, alongside local and state governments.

US consumer confidence sees largest one-month drop ever in April
US consumer confidence registered its largest monthly drop ever in April, although a key gauge of Americans' expectations for the future help up relatively well all things considered.
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