UK job cuts mount as Covid-19 takes its toll

11th Jun 2020 12:25

(Sharecast News) - UK job losses continued to mount in their thousands on Thursday as Centrica, Johnson Matthey and Bombardier became the latest companies to announce large reductions to their workforces in the Covid-19 crisis.

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Johnson Matthey to cut 2,500 jobs as it takes Covid hit

11th Jun 2020 07:43

(Sharecast News) - Specialty chemicals company Johnson Matthey said on Thursday that it will cut around 2,500 jobs and halve its dividend as it takes a hit from the coronavirus pandemic.

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Thursday preview: US jobless claims, Johnson Matthey in the spotlight

10th Jun 2020 14:11

(Sharecast News) - Investors' focus on Thursday will shift back towards the US jobs market and in particular to any data points that confirm the surprise increase in payrolls seen in the figures for May.

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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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Monday broker round-up

1st Jun 2020 13:47

(Sharecast News) - Johnson Matthey: Liberum downgrades to hold with a target price of 2,100p.

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Johnson Matthey board donates 20% of pay to education fund

22nd Apr 2020 07:03

(Sharecast News) - Johnson Matthey said its board would donate a fifth of their salaries to science education and that it would decline government support for furloughed staff for the first quarter of its financial year.

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Wednesday broker round-up

1st Apr 2020 13:59

(Sharecast News) - Intercontinental Hotels Group: RBC Capital Markets upgrades to outperform with a target price of 4,000p.

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Johnson Matthey warns annual results will miss forecasts

30th Mar 2020 07:32

(Sharecast News) - Johnson Matthey warned annual results would miss expectations after the coronavirus crisis reduced demand and delayed shipments.

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Johnson Matthey tech to be used at new butanol facility in China

13th Feb 2020 07:58

(Sharecast News) - Johnson Matthey, alongside its partner Dow, announced on Thursday that China-based Guangxi Huayi New Material Company has selected their 'LP Oxo 'SELECTOR 10' Technology to produce butanol at a new manufacturing facility.

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Tuesday broker round-up

14th Jan 2020 11:54

(Sharecast News) - DFS: Jefferies downgrades to hold with a target price of 275p.

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Thursday broker round-up

28th Nov 2019 13:35

(Sharecast News) - Derwent London: Morgan Stanley upgrades to overweight with a target price of 3,850p.

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JP Morgan cuts rating on Johnson Matthey as headwinds mount

28th Nov 2019 13:03

(Sharecast News) - JP Morgan Cazenove has downgraded Johnson Matthey, citing structural growth headwinds ahead for the blue chip chemicals and technologies group.

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Liberum slashes Johnson Matthey price target, cuts EPS estimates

27th Nov 2019 10:21

(Sharecast News) - Liberum slashed its price target on shares of Johnson Matthey on Wednesday to 3,500p from 4,400p following the company's first-half results earlier this month.

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Monday broker round-up

25th Nov 2019 12:58

(Sharecast News) - Hays: Credit Suisse downgrades to underperform with a target price of 140p.

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Friday broker round-up

22nd Nov 2019 12:43

(Sharecast News) - Kingfisher: HSBC downgrades to reduce with a target price of 150p.

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