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PDG - Pendragon News Story

7.25p 0.2  2.8%

Last Trade - 08/04/20

Sector
Consumer Cyclicals
Size
Small Cap
Market Cap £98.5m
Enterprise Value £479.9m
Revenue £4.08bn
Position in Universe 882nd / 1834

UPDATE 1-UK Stocks-Factors to watch on Feb. 19

Wed 19th February, 2020 7:34am
(Adds company news items and futures)
    Feb 19 (Reuters) - Britain's FTSE 100  .FTSE  index is seen opening 45
points higher on Wednesday, according to financial bookmakers, with futures up
0.8% ahead of cash markets open.
    * IAG: Qatar Airways Group said it had increased its holding in British
Airways-owner IAG  ICAG.L  to 25.1%, buying another stake worth $600 million as
part of a strategy it described as being highly successful.  urn:newsml:reuters.com:*:nL8N2AJ1D8
    * PENDRAGON: Auto dealership Pendragon  PDG.L  named interim Chairman Bill
Berman as its new chief executive officer, filling a role that has been vacant
since Mark Herbert quit in June.  urn:newsml:reuters.com:*:nL4N2AJ1XX
    * MONEYSUPERMARKET.COM: British price comparison website
Moneysupermarket.com  MONY.L  confirmed media reports that its top boss Mark
Lewis was stepping down and that it had begun the search for his replacement.
 urn:newsml:reuters.com:*:nL4N2AJ1ZU
    * METRO BANK: Metro Bank's  MTRO.L  interim chief executive officer, Dan
Frumkin, will take over the CEO role on a permanent basis, the British lender
said.  urn:newsml:reuters.com:*:nL4N2AJ1XU
    * ANGLO AMERICAN/SIRIUS MINERALS: Odey Asset Management will vote in favour
of any bid for Sirius Minerals  SXX.L  from Anglo American  AAL.L  at 7 pence
per share or above, the London-based investment firm said.
    * OIL: Oil prices gained 1%, with Brent rising for a seventh straight day,
amid broad optimism as new coronavirus cases fell for a second day in China and
concerns rose over supply after a U.S. move to cut more Venezuelan crude from
the market.  urn:newsml:reuters.com:*:nL4N2AJ16V
    * GOLD: Gold prices held steady above the key $1,600 mark as an uptick in
equities due to a drop in new virus cases was kept in check by fears about the
economic fallout of the epidemic.  urn:newsml:reuters.com:*:nL4N2AJ0SA
    * London's FTSE 100  .FTSE  shed 0.9% on Tuesday, with HSBC dragging a
sub-index of banks  .FTNMX8350  over 4% lower after its annual profit declined
and it laid out plans for a major strategic overhaul that included 35,000 job
cuts and the halting of share buybacks.  urn:newsml:reuters.com:*:nL4N2AI282
    
    TODAY'S UK PAPERS
    > Financial Times                       PRESS/FT 
    > Other business headlines              PRESS/GB 

 (Reporting by Shanima A and Samantha Machado in Bengaluru; Editing by Arun
Koyyur)
 ((shanima.a@thomsonreuters.com; shanima.a.thomsonreuters.com@reuters.net ;
Within UK +44 20 7542 1810; Outside UK+91 80 6182 2587;))
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