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Company news from ShareCast

No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.

ASOS confirms equity offering, debt refinancing

Tue 07 April 2020 16:20

(Sharecast News) - A day ahead of its interim results, online fashion retailer ASOS said it is "close" to finalising a potential equity issuance and extension to its debt facilities as it looks to withstand the coronavirus pandemic.

Millions of jobs at risk as airlines running out of cash - IATA

Tue 07 April 2020 14:37

(Sharecast News) - At least 25 million jobs could be at risk around the world from the slump in passenger traffic caused by the coronavirus pandemic, the airline industry body warned on Tuesday.

ExxonMobil cuts capital spending by $10bn after oil crash

Tue 07 April 2020 13:04

(Sharecast News) - ExxonMobil has cut 2020 capital spending by $10bn (£8.1bn) in response to the oil price crash caused by oversupply and the coronavirus crisis.

Zotefoams halts dividends to conserve cash

Tue 07 April 2020 11:30

(Sharecast News) - Zotefoams has put dividends on hold after the Covid-19 crisis added to market pressures that caused profit to fall in 2019.

Whatsapp to introduce limit on message forwards to fight against misinformation

Tue 07 April 2020 11:09

(Sharecast News) - Whatsapp is restricting the frequency of messages forwarded to a group of people on its platform to fight against the spread of misinformation.

Treatt hails 'strong' order intake; no impact so far from Covid-19

Tue 07 April 2020 10:39

(Sharecast News) - Ingredients manufacturer Treatt said on Tuesday that order intake in recent weeks has been strong and that the coronavirus outbreak has not impacted its business so far.

Assura raises ?185m in placing

Tue 07 April 2020 10:26

(Sharecast News) - Assura said on Tuesday that it has raised around ?185m in a placing to fund the development and acquisition of a pipeline that will deliver future GP surgery, primary care and community healthcare buildings for the NHS.

James Fisher develops ventilator to combat Covid-19

Tue 07 April 2020 10:22

(Sharecast News) - James Fisher said it had developed a new ventilator for use by healthcare services combating the Covid-19 pandemic.

Boeing suspends 787 production at South Carolina plant

Tue 07 April 2020 10:19

(Sharecast News) - Boeing said late on Monday that it will suspend production of 787 jets at its South Carolina factory as the coronavirus pandemic spreads across the US.

Audioboom sees Covid-19 affecting ad spending

Tue 07 April 2020 09:33

(Sharecast News) - Audioboom said it expected the Covid-19 to affect advertisers' spending as the podcast company reported a 40% increase in first-quarter revenue.