Top UK Stocks to Watch: Dechra hikes dividend as profits soar
Joshua Warner February 22, 2021 9:14 AM
Dechra shares fall as it warns the pre-Brexit build up in customer inventories will unwind, IAG secures new funding for British Airways, Saga is reported to be in talks about a new debt package, and M&B continues to suffer as pubs remain closed during lockdown. Share:
Top News: Dechra profits jump but warns pre-Brexit inventory will unwind
Dechra Pharmaceuticals said revenue and profits both jumped in the first half of its financial year despite falling in ‘one of the most challenging years in Dechra s history’.
Top UK Stocks to Watch: NatWest sinks to loss and announces exit from Ireland
Joshua Warner February 19, 2021 9:35 AM
NatWest swings into the red and prepares to wave goodbye to Ireland, Segro grows increasingly confident about demand for warehouses, Future shares jump after a positive start to the year, and Assura buys Apollo Capital Projects. Share:
Top News: NatWest sinks to £351 million loss in 2020
NatWest Group said it sank to sank into the red in 2020 as the pandemic hit and revealed plans to pull out of the Republic of Ireland.
The bank, formerly known as the Royal Bank of Scotland, said total income fell to £10.79 billion in 2020 compared to £14.25 billion in 2019.
Moneysupermarket sees softer demand for travel and credit products, Smith & Nephew is hit by the delay in elective surgeries, Barclays beats expectations, Indivior hopes to put court cases behind it this year, and Hochschild aims to ramp-up gold and silver production.
Top UK Stocks to Watch: Rio Tinto shares hit record high on bumper payout
Joshua Warner February 17, 2021 9:36 AM
Rio Tinto pays its biggest dividend in its history, BAT expects profits to rise again this year, Imperial Brands gets a new CFO, Greencoat UK Wind and TP ICAP raise equity, and Signature Aviation sells its engine repair business. Share:
Top News: Rio Tinto pays biggest dividend in its history
Rio Tinto said it will pay a record dividend for 2020 after higher commodity prices allowed it book significantly higher margins and profit, sending shares to an all-time high.
The miner said revenue in the year edged up to $44.61 billion from $43.16 billion the year before, but underlying earnings before interest, tax, depreciation and amortisation jumped 13% to $23.90 billion from $21.19 billion. Net earnings jumped even higher, g
Top UK Stocks to Watch: Dunelm’s deputy chairman sells £192 million of stock
Joshua Warner February 16, 2021 9:30 AM
Dunelm’s deputy chairman cashes in on some of his investment, Serco buys Whitney, Bradley & Brown, Glencore and BHP provide good news on dividends, Safestore continues to grow, and Playtech seals a new partnership with a US casino. Share:
Top News: Son of Dunelm founders sells 15 million shares
Dunelm’s deputy chairman Will Adderley, the son of the company’s founders, has sold a chunk of his stake in the homewares company for around £192 million.
He sold 15 million shares, equal to a 7.4% stake in Dunelm, for 1,280.0 pence each. The shares have been bought by institutional investors.