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17 Apr
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Equiniti cancels dividend as looks at deferred revenues

Equiniti Group confirmed cancellation of its final dividend for 2019 and pulled full year guidance as it sought to save cash during the coronavirus pandemic.

15 Apr
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US close: Stocks fall as earnings continue to roll in

US stocks closed lower on Wednesday as concerns about how long the coronavirus lockdown will last and what its after-effects may be, as well as some disappointing data and earnings, weighed on sentiment.

15 Apr
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Europe close: Stocks hit by poor US data, jump in Covid-19 cases in Spain

Stocks were pummeled as economic data in the US showed record falls in retail sales and in factory activity in the New York area, underscoring the toll that the Covid-19 pandemic could be expected to take on the economy.

15 Apr
certaines-petites-banques-americaines-pourraient-avoir-besoin-de-capitaux-selon-le-fmi
Thursday preview: US data, Avast in focus

Investors' attention will continue to be on the US economy and in particular on its jobs markets.

15 Apr
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Best Buy furloughs 51,000 hourly US store employees

Electronics retailer Best Buy said on Wednesday it would furlough about 51,000 hourly US store employees but retain the vast majority of its full-time store and field workers.

15 Apr
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Director dealings: Pebble Group CFO ups stake

The Pebble Group revealed on Wednesday that chief financial officer Claire Thomson has acquired 50,000 ordinary shares in the AIM-listed promotional products provider.

15 Apr
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Deloitte UK cuts pay for top staff during coronavirus crisis

Accounting and consulting firm Deloitte announced on Wednesday it would be cutting pay for partners at its UK branch by a fifth during the coronavirus crisis.

15 Apr
JD Wetherspoon beer mat brexit
FTSE 250 movers: JD Wetherspoon hit by expectations for prolonged period of low demand

Leisure-related shares paced declines on the second-tier index on Wednesday, as investors' attention pivoted back to the sector as risk appetite soured on the back of exceedingly weak economic reports and corporate updates Stateside.

15 Apr
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London close: Markets close lower amid fresh economic consternation

London stocks remained in the red at the close on Wednesday, as investors dealt with renewed concerns about the economic impact of the Covid-19 pandemic.

15 Apr
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Broker tips: Asos, Rightmove, Wetherspoons

JPMorgan Cazenove upgraded its stance on shares of online fashion retailer Asos to ‘overweight’ from ‘neutral’ on Wednesday, arguing that "a stronger operational grip has now been consistently demonstrated" after a turbulent 18 months.

15 Apr
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Reabold Resources outlines upcoming plans at West Newton B

Upstream oil and gas investment company Reabold Resources updated the market on the start of preparatory activity ahead of drilling at the West Newton B site in PEDL 183, onshore UK on Wednesday.

15 Apr
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Airbnb ups loan by $1bn as coronavirus triggers tourism crisis

Airbnb has secured commitments of $1bn for a syndicated term loan from institutional investors, it said in a press release.

15 Apr
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Citigroup profits decline as Covid-19 takes its toll

Citigroup posted a steep decline in first-quarter profits on Wednesday as the US bank prepared for the hit from Covid-19 by stacking up its loan-loss reverses.

15 Apr
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FTSE 100 movers: EasyJet flies lower; Ocado rallies

London’s FTSE 100 was down 2. 9% at 5,623. 16 in afternoon trade on Wednesday.

15 Apr
wall street
US open: Stocks head south amid slew of data and earnings

US stocks headed south at the bell on Wednesday as concerns about how long the coronavirus lockdown will last and what its after-effects may be, as well as some disappointing data and earnings, weighed on sentiment.

15 Apr
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Almost a third of FTSE 100 take axe to dividends

Almost one-third of FTSE 100 companies have cut or scrapped their dividends during the coronavirus crisis, leaving investors relying on 10 companies for two-thirds of the index's likely payouts in 2020, research shows.

15 Apr
ep coronavirus- ford almussafes cierra una semana para prevenir la expansion del covid-19
US industrial production plummets in March with auto output weakest

US industrial output plummeted in March in the wake of the Covid-19 pandemic which resulted in broad based weakness across all sectors, but above all in the automotive space.

15 Apr
UK lockdown not covered by Hiscox business interruption policy

Insurer Hiscox said on Wednesday that its core policy wordings do not provide cover for business interruption due to measures taken by the UK government in response to a pandemic, and that its realistic disaster scenario estimates a net loss of $175m, mainly from event cancellation.

15 Apr
oilfield
JKX Oil reports bump in first quarter production

JKX Oil & Gas reported an 11% improvement in group production in its first quarter on Wednesday, to 10,996 barrels of oil equivalent per day (boepd), up from 9,907 boepd year-on-year.

15 Apr
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Liontrust posts decent quarter as it battens down for Covid crisis

Liontrust Asset Management reported assets under management and advice of £16. 1bn as at 31 March in a trading update on Wednesday, making for an increase of 27% year-on-year.

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Important Legal Notice about News Sources

Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.