The FT 21/02 | Vox Markets

The FT 21/02

Anglo American (AAL) chief defends rescue bid for Sirius Minerals. Mark Cutifani says the group’s £524m offer for developer of North Yorkshire fertiliser mine is ‘fair and reasonable’.

Smith & Nephew (SN.) full-year sales surpass $5bn for the first time. The medical device maker faces ‘additional uncertainty’ from the coronavirus outbreak.

Boeing Co (BOE)’s small suppliers plagued by uncertainty over 737 Max. Distributors to the plane maker face capital squeeze and delay in investing in new machinery.

Recruiter Hays (HAS) hit by slowdown in German market. Profits also dented by strikes in France, UK election and Australian bushfires.

to halve pension deficit with £1bn injection. UK defence group forecasts growth in earnings and cash on the back of a strong order book.

Lloyds Banking Group (LLOY) warns profitability to fall as low interest rates hit. Bank chief António Horta-Osório faces 29% pay cut as part of shift to new remuneration model.

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AAL
Anglo American
BOE
Boeing Co
HAS
Hays
LLOY
Lloyds Banking Group
SN.
Smith & Nephew

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