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Meggitt cuts workforce by 15% as coronavirus hits demand

Meggitt PLC (LON:MGGT) has said it will cut its global workforce by 15% as part of efforts to offset a significant reduction in demand...

Vodafone raises EUR400mln as begins to reduce stake in Italian towers JV

Vodafone PLC (LON:VOD) has raised gross proceeds roughly EUR400mln (GBP350mln) to pay off debt after selling shares in its Italian mobile towers joint venture. The...

Berkeley Energia highlights higher uranium prices as mine permitting continues to progress

Berkeley Energia PLC (LON:BKY) has highlighted the strengthening of uranium prices amidst the coronavirus (COVID-19) pandemic turmoil. In a quarterly update, the Spanish mine developer...

Croda downgraded to ‘hold’ by Peel Hunt over market uncertainty

Croda International PLC (LON:CRDA) was downgraded to 'hold' from 'add' by Peel Hunt over market uncertainty. Analysts at the broker kept the 4,200p target price...

Croda to pay final dividend, says demand remains solid amid coronavirus pandemic

Croda International PLC (LON:CRDA) said it intends to pay its final dividend as it has seen "solid" demand during the coronavirus (COVI-19) pandemic, with...

Loungers raises GBP8.3mln in premium placing to defend against pandemic disruption

Loungers PLC (LON:LGRS) has raised around GBP8.3mln in a premium share placing to protect its business during the coronavirus pandemic. The bars group said it...

Next Fifteen Communications sees full-year profits rise, says no current impact on trading from coro

Next Fifteen Communications Group PLC (LON:NFC) has reported a double-digit rise in full-year profit and said it continues to win new work in spite...

FTSE 100 marking time as some companies signal an end to closedowns

FTSE 100 dips 5 points Taylor Wimpey tops Footsie leader-board after announcing plans to reopen building sites Aston Martin to resume output at its St Athan...

Kavango Resources shares jump as it highlights progress across key Botswana projects

Kavango Resources PLC (LON:KAV) shares jumped higher on Thursday as the explorer highlighted progress at key projects in recent months. In an update, the group...

Must Read

Frontier IP sees maturity spread across portfolio companies

() () will be entitled to 1.56mln American Depositary Shares (ADSs) in portfolio company Exscientia if and when it completes its initial public...

Frontier IP entitled to at least US$31mln of shares in Exscientia is IPO goes ahead

Frontier IP Group PLC (AIM:FIPP) (AIM:FIPP) will be entitled to 1.56mln American Depositary Shares (ADSs) in portfolio company Exscientia if and when it completes...

Woodford Equity Income administrator taken to court over fund’s collapse

Court proceedings have today been issued on behalf of investors in the collapsed Woodford Equity Income fund. Link Fund Solutions, which suspended the fund in...