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Today’s News
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Pendragon ‘well-positioned’ for recovery despite FY sales tumble
Car dealership Pendragon reported a modest full-year profit on Wednesday, despite seeing revenues tumble by more than a…
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JP Morgan ups WH Smith target but cuts to ‘neutral’
JP Morgan increased its price target for WH Smith but cut its rating to ‘neutral’ after the shares…
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Berenberg upgrades Unite to ‘buy’, cites increased visibility
Analysts at Berenberg upgraded student accommodation provider Unite Group from ‘hold’ to ‘buy’ on Wednesday, stating increased visibility…
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Indivior puts biggest investor on board in overhaul
Indivior has given Scopia Capital, its biggest investor, a place on its board as part of a governance…
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Asia report: Hang Seng enters correction territory amid fresh Covid concerns
Markets in Asia largely closed in negative territory on Wednesday, with Hong Kong’s benchmark sliding into correction territory,…
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Aviva to shun Deliveroo IPO over treatment of workers
Aviva Investors said it would not buy shares in Deliveroo’s flotation because of risks posed by the company’s…
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BT to pay pandemic bonus to 59,000 frontline workers
BT Group is to pay its frontline workers a one-off pandemic bonus of £1,500, the telecoms group said…
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Eurozone business activity returns to growth in March
Eurozone business activity returned to growth in March, according to preliminary data released on Wednesday, but any further…
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Strix ends year ‘significantly ahead’ of Covid-19 planning expectations
Kettle control and water filtration technology company Strix reported a 1.6% decline in revenue in 2020 on Wednesday,…
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Beware the ESG momentum trade
Mark Northway, Investment Manager at Sparrows Capital, shares his thoughts about the momentum behind ESG investing and reminds…
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