Wetherspoon to spend £11m on safety for pubs' reopening
22nd May 2020 11:31
(Sharecast News) - JD Wetherspoon said it would spend an initial £11m on measures to minimise the risk of Covid-19 infection when its pubs are allowed to reopen.
Read moreSunday newspaper round-up: Furloughed staff, Economy, Coronavirus crisis
10th May 2020 22:49
(Sharecast News) - Furloughed staff only able to return to work on a part-time basis could have their wages "topped up" by the government, as part of a gradual redaction of the job retention scheme. Under plans being considered in the Treasury, firms would be encouraged to bring furloughed staff back to work gradually to maintain social distancing and to ease the burden on businesses as they begin to rebuild their operations. - Sunday Times
Read moreJPM upgrades M&B in 'precarious times' for UK pubs
30th Apr 2020 12:09
(Sharecast News) - JP Morgan raised its rating on Mitchells & Butlers to 'overweight' as it cut 2020 earnings estimates for UK pub companies by an average of two-thirds to reflect the Covid-19 shutdown.
Read moreWetherspoons to raise ?141m in placing; planning to reopen in June
29th Apr 2020 17:13
(Sharecast News) - JD Wetherspoon said on Wednesday that it was planning to reopen its pubs "in or around" June, as it announced a ?141m placing to help weather the coronavirus crisis.
Read moreTuesday broker round-up
21st Apr 2020 13:52
(Sharecast News) - Wetherspoons: Jefferies upgrades to buy with a target price of 1,150p.
Read moreJefferies upgrades Wetherspoons, keeps Marston's at 'underperform'
21st Apr 2020 10:43
(Sharecast News) - Jefferies upgraded JD Wetherspoon to 'buy' from 'hold' on Tuesday as it took a look at the UK pub and restaurant sector.
Read moreFTSE 250 movers: JD Wetherspoon hit by expectations for prolonged period of low demand
15th Apr 2020 15:35
(Sharecast News) - Leisure-related shares paced declines on the second-tier index on Wednesday, as investors' attention pivoted back to the sector as risk appetite soured on the back of exceedingly weak economic reports and corporate updates Stateside.
Read moreWednesday broker round-up
15th Apr 2020 13:36
(Sharecast News) - Reckitt Benckiser Group: Credit Suisse upgrades to neutral with a target price of 5,900p.
Read moreWetherspoons may need to raise ?250m to survive liquidity crisis, says Canaccord
15th Apr 2020 10:46
(Sharecast News) - Pub chain Wetherspoons may need to raise up to ?250m to survive the liquidity crisis, Canaccord Genuity said on Wednesday.
Read moreWetherspoon refuses to pay suppliers until lockdown ends
25th Mar 2020 18:42
(Sharecast News) - JD Wetherspoon has told its suppliers it will not pay them until pubs reopen after the coronavirus lockdown, according to an email seen by sustainability website Footprint.
Read moreWetherspoon accused of not paying workers
24th Mar 2020 11:20
(Sharecast News) - JD Wetherspoon employees have accused the company of refusing to pay its workers while pubs are closed until it receives money from the government to subsidise wages.
Read moreFriday broker round-up
20th Mar 2020 13:28
(Sharecast News) - Bunzl: Credit Suisse downgrades to underperform with a target price of 1,195p.
Read moreWetherspoons cancels divi, warns on profit as Covid-19 slams sales
20th Mar 2020 07:01
(Sharecast News) - Wetherspoons cancelled its interim dividend and warned on full year profits as the coronavirus and government advice to stay away from pubs and restaurants hit current sales.
Read moreWetherspoon's Tim Martin attacks coronavirus 'lockdown'
17th Mar 2020 11:39
(Sharecast News) - JD Wetherspoon Chairman Tim Martin has criticised the government's measures to limit the spread of coronavirus after the tougher guidance hit his company's share price.
Read moreFriday broker round-up
13th Mar 2020 13:17
(Sharecast News) - Balfour Beatty: UBS upgrades to buy with a target price of 350p.
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