FT 15/05/19 - Vox Markets | Vox Markets

FT 15/05/19

Vodafone Group (VOD) faces growth test after cut to dividend. UK group is in the doldrums and 5G push looks unlikely to prove a panacea

Labour plans nationalisation at below market value. Corbyn to propose limited compensation because of ‘asset stripping’

Lombard – Fintech challengers lose to 18th-century lender. Banking body awards funds to oldest mutual savings and mortgage provider Nationwide

Standard Life Aberdeen (SLA) suffers heavy revolt over CFO pay. 42% of investors vote against UK fund house’s remuneration report

Renishaw (RSW) warns on profits again as slowdown persists. Engineer struggles with weakened electronics demand in Asia

Capita (CPI) appoints two employees to main board. Outsourcing company is first FTSE 250 group in three decades to bring workers into boardroom

Lex – US-China trade dispute. Renishaw (RSW): chippy chappy. UK precision instruments maker’s outlook darkens amid US-China trade tensions

Lex – Vodafone Group (VOD): maturing test. The big question is whether new systems can lift the top line

Portmeirion Group (PMP) predicts profit ‘significantly below’ expectations. Pottery group’s shares shed a quarter as export sales drop

Pensions ruling pushes Premier Foods (PFD) to £43m loss. High Court ruled last year that separate rate for female pensions had to end

Land Securities Group (LAND) property values slide as UK retail crisis bites. Real estate group says decline for retail parks and shopping centres led to worse full-year loss

Pub operator EI Group (EIG) boosted by rising drinks sales. Britain’s largest pub company reports increasing revenues and profits

Vegan sausage roll demand boosts Greggs (GRG) sales. Bakery chain beats high street gloom as it reports ‘exceptional’ growth

Vodafone Group (VOD) sells New Zealand mobile business for $2.2bn. UK telecoms group scales back overseas empire as it focuses on Europe

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Mentioned in this post

CPI
Capita
EIG
EI Group
GRG
Greggs
LAND
Land Securities Group
PFD
Premier Foods
PMP
Portmeirion Group
RSW
Renishaw
SLA
Standard Life Aberdeen
VOD
Vodafone Group