IWG posts jump in net cash despite drop in Q3 revenues
3rd Nov 2020 08:02
(Sharecast News) - Flexible working outfit IWG posted a big decline in third quarter revenues but said it had seen a substantial pick up in interest from corporates and boasted of a "strong" performance that saw it move into a net cash position.
Read moreMonday broker round-up
19th Oct 2020 13:30
(Sharecast News) - Intercontinental Hotels Group: Peel Hunt downgrades to hold with a target price of 4,300p.
Read moreIWG risk-reward 'too attractive to miss', says Berenberg
19th Oct 2020 10:01
(Sharecast News) - Berenberg upgraded its stance on shares of workspace provider IWG to 'buy' from 'hold' on Monday, lifting the price target to 350p from 260p as it said the risk/reward investment case is now skewed materially to the upside.
Read moreSunday 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
Read moreUK 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.
Read moreFour 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.
Read moreIWG 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.
Read moreThursday broker round-up
4th Jun 2020 14:03
(Sharecast News) - IWG: RBC Capital Markets downgrades to sector performer with a target price of 325p.
Read moreRBC 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.
Read moreWednesday broker round-up
3rd Jun 2020 13:56
(Sharecast News) - Johnson Matthey: JP Morgan upgrades to buy.
Read moreThursday broker round-up
28th May 2020 13:34
(Sharecast News) - Provident Financial: RBC Capital Markets reiterates sector performer with a target price of 195p.
Read moreIWG 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.
Read moreSunday 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
Read moreIWG 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.
Read moreSunday 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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