Sunday newspaper round-up: Rolls-Royce, IWG, Bank of England

27th Sep 2020 18:13

(Sharecast News) - Rolls-Royce is poised to tap investors for £2.5billion at a steep discount to the current share price to solve its funding crisis, The Mail on Sunday understands. City sources said it was considering pricing the cash call at £1 per share - 35 per cent below Friday's closing price of £1.54. - Mail on Sunday

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UK workers still avoiding offices despite government campaign

10th Sep 2020 10:09

(Sharecast News) - The majority of UK workers have not returned to their offices despite the government's campaign urging businesses to return to normal.

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Four out of five staff in UK cities have not returned to workplace

27th Aug 2020 12:05

(Sharecast News) - Only 17% of workers in British cities had returned to their workplaces by early August revealed the latest data from the Centre for Cities.

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IWG swings to operating loss as Covid hits workspace demand

4th Aug 2020 08:46

(Sharecast News) - IWG reported a "good first half performance" given the impact of the Covid-19 pandemic on Tuesday, with revenue rising 3.5% year-on-year to £1.32bn, although it swung to an operating loss as many of its clients' workforces stayed home.

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Thursday broker round-up

4th Jun 2020 14:03

(Sharecast News) - IWG: RBC Capital Markets downgrades to sector performer with a target price of 325p.

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RBC Capital downgrades IWG on valuation

4th Jun 2020 08:20

(Sharecast News) - RBC Capital Markets downgraded its stance on stock of office space provider IWG on Thursday to 'sector perform' from 'outperform' following recent share price strength.

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Wednesday broker round-up

3rd Jun 2020 13:56

(Sharecast News) - Johnson Matthey: JP Morgan upgrades to buy.

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Thursday broker round-up

28th May 2020 13:34

(Sharecast News) - Provident Financial: RBC Capital Markets reiterates sector performer with a target price of 195p.

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IWG raises £320m for post-Covid expansion

28th May 2020 10:22

(Sharecast News) - IWG has raised £320m by selling shares to investors to give the company funds for expansion following the Covid-19 crisis.

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Sunday newspaper round-up: Brexit, Travel industry, IWG

19th Apr 2020 17:57

(Sharecast News) - Downing Street's refusal to extend the Brexit transition period is partly based on a concern that the EU will demand "massive" payments to help deal with the impact of the Covid-19 pandemic, The Telegraph has been told. A source close to the negotiations said that paying into an increased EU budget was "clearly not in the national interest", adding: "We need to spend money on our own needs in our own way." - Sunday Telegraph

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IWG CEO, CFO take 50% pay cut; Trading update delayed

6th Apr 2020 08:06

(Sharecast News) - Serviced offices provider IWG chief executive Mark Dixon and chief financial officer Eric Hageman have taken a 50% cut in fees and base salaries to save cash during the Covid-19 crisis, the company said on Monday.

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Sunday share tips: IWG, Anpario

5th Apr 2020 20:56

(Sharecast News) - Co-working is here to stay, but until it becomes clear when the lockdowns in place around the globe will be lifted, International Workplace Group (IWG) is a "stock to watch" not one to buy, the Sunday Times's Sam Chambers said.

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FTSE 250 movers: Precious metals miners gain, Plus500 jumps

23rd Mar 2020 16:58

(Sharecast News) - Precious metals miners Hochschild Mining and Petropavlovsk were both wanted at the start of the week, as the US central bank in effect shifted to a policy of unlimited asset purchases, as some analysts had correctly anticipated.

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IWG suspends dividend, share buyback due to Covid-19

23rd Mar 2020 07:37

(Sharecast News) - Workspace provider IWG said on Monday that it was suspending its dividend and temporarily halting its share buyback programme due to the coronavirus outbreak.

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Director dealings: IWG boss buying with a vengeance

19th Mar 2020 16:55

(Sharecast News) - The boss of IWG, formerly Regus, Mark Dixon, stepped into the market for the third time in the same week on 18 March.

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