Economic and Market News for 16 January 2020
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16 Jan
09:24Kier to axe 1,200 jobs by June in effort to rein in costsConstruction group Kier said it expected to cut about 1,200 jobs by the end of June amid ongoing efforts to turnaround the business. The company said it expected cut about 1,200 jobs by 30 June...
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16 Jan
08:29Dechra Pharmaceuticals says annual performance to be more second half weightedDechra Pharmaceuticals said that annual performance would be weighted more to the second half of the year than was typical for the company. Outlook for the full year was in line with management...
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16 Jan
07:56Big Yellow revenue grows 1.9% as occupancy falls amid political, economic uncertaintyStorage group Big Yellow said revenue grew just 1.9% in its third fiscal quarter following a fall in occupancy as political and economic uncertainty weighed on performance. For the third quarter...
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16 Jan
07:49Inchcape agrees to acquire Daimler's Mercedes-Benz operations in ColombiaAutomotive distributor Inchcape said it had agreed to acquire Daimler's Mercedes-Benz passenger car and private vans distribution operations in Colombia. The value of the deal was not made...
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16 Jan
07:364imprint predicts profit within 'upper end' of forecastsMarketing company 4imprint said it expected annual profit to be at the 'upper end' of market forecasts following 'encouraging' growth in the second of the year. The company said it expected...
