Company news from ShareCast
GLI Finance announces tender offer for ZDP shares
Tue 18 February 2020 12:06
(Sharecast News) - GLI Finance said on Tuesday that, as part of the zero-dividend preference (ZDP) share continuation proposals approved by shareholders in November, it intended to make a cash tender offer for a proportion of its redeemable ZDP shares.
New Nissan CEO promises cuts with 'no taboos' and deeper restructuring
Tue 18 February 2020 11:59
(Sharecast News) - Nissan's new CEO Makoto Uchida has plans to cuts to executive pay and apply deeper restructuring measures and told shareholders he will step down if he fails to turn around the carmaker's performance.
Apple withdraws quarterly guidance due to slow return to normal in China
Tue 18 February 2020 11:19
(Sharecast News) - Apple withdrew its guidance for first quarter sales due to a slower-than-expected return to normal conditions in China after the extended Lunar New Year holidays at both its suppliers and its stores in the Asian giant.