FT 22/02/19 | Vox Markets

FT 22/02/19

Sainsbury (J) (SBRY) chair tries to steady ship before taking his leave. Decision on Asda deal will now stay hanging in the balance as David Tyler steps down.

Lombard – Purplebricks Group (PURP) displays knack for turning faces purple. Investors spooked by latest profit warning and departures of UK and US chief execs

Lex – Barclays (BARC)/Bramson: in parenthesis. Bank’s chief has strengthened his hand but activist investor still has plenty of ammunition

Purplebricks Group (PURP) shares plunge as it cuts revenue forecasts. Neil Woodford-backed online estate agent loses quarter of its market value

Lex – Centrica (CNA): so last century. Efforts to cover dividend are just the latest in a series of struggles

Barclays (BARC) notches up victories against activist. Strong results from trading floor comes as key shareholder backs bank in proxy battle

Playtech (PTEC) looks to regulated markets after Malaysia blow. Software group’s revenues climb but acquisition costs dent profit

BAE Systems (BA.) warns of impact from Germany’s Saudi arms ban. Berlin move in wake of Khashoggi murder hits supply lines to kingdom’s Eurofighters

Anglo American (AAL) beats profit forecasts but holds out on buyback. Higher commodity prices and productivity gains help UK-listed miner cut debt

Standard Chartered (STAN) sets aside $900m for fines in US and UK. Emerging markets bank says funds will be used for ‘previously disclosed investigations’

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Mentioned in this post

AAL
Anglo American
BA.
BAE Systems
BARC
Barclays
CNA
Centrica
PTEC
Playtech
PURP
Purplebricks Group
SBRY
Sainsbury (J)
STAN
Standard Chartered