Hot Off The Wires - 17 March 2020

News

• In unprecedented peacetime restrictions, normal life was put on hold in Britain for up to a year last night after Boris Johnson was told that it was the only way to save a quarter of a million lives as.

• Chancellor Rishi Sunak is expected to announce a major new bail-out scheme for businesses today after Wall Street crashed last night.

• European distilleries are joining efforts to boost the production of hand sanitisers to help fight the spread of the coronavirus.

• Amazon plans to hire 100,000 workers in the US and raise pay in the UK, US and Europe as it deals with a surge in demand related to the coronavirus pandemic.

• Tui has scrapped package tours, cruises and hotel operations “until further notice” and was withdrawing the profit guidance issued last month.

• In a letter to the Prime Minister, the British Beer and Pub Association said it was facing an existential crisis as a direct result of Boris Johnson’s new guidance that people should avoid visiting pubs, restaurants and bars.

Results

• Ferguson (FERG) - Half-year Results

• Compass Group (CPG) - COVID-19 Trading Update

• Antofagasta (ANTO) - Preliminary Results

• Anglo American (AAL) - Temporary slow down of Quellaveco project

• ContourGlobal (GLO) - Preliminary Results

• TI Fluid Systems (TIFS) - Final Results

• Softcat (SCT) - Half-year Results

• Dechra Pharmaceuticals (DPH) - Acquisition

• Galliford Try (GFRD) - Contract

• Seeing Machines (SEE) - COVID-19 Update

• Randall & Quilter (RQIH) - Accredited announces new underwriting program

• Bango (BGO) - Final Results. Bango enables carrier billing subscriptions for Hatch gaming platform

• Real Estate Investors (RLE) - Final Results

Trivia

Who was the Greek god of dreams?

Click here to read the full daily note.