More than 100 British companies halt dividend payments due to coronavirus pandemic

Eighty-one percent of small U.S. companies surveyed by Veem, a global payments network, expect the new coronavirus pandemic to affect their business over the next 12-16 months, and nearly 90% are bracing for an economic slowdown, the company said Monday......»»

British supermarket group Sainsbury's warned the impact of the coronavirus pandemic on current year profit could be over 500 million pounds ($623 million) and said it would defer any dividend payment decisions until later this year......»»

British supermarket group Sainsbury's estimated a profit impact of 500 million pounds ($623 million) from the coronavirus pandemic and said it would defer any dividend payment decisions until later in the financial year......»»

Many companies have slashed or suspended their dividends amid the economic chaos sparked by the coronavirus pandemic......»»

British pub operator Greene King has furloughed more than 36,000 employees, owner CK Asset Holdings said on Friday, as government measures to halt the spread of the coronavirus has led to the closure of all its pubs in the UK......»»

The coronavirus pandemic has all but brought the U.S. and global economies to a halt. The effects of stay at home orders ripple through the supply chain and hit transportation companies especially........»»

UK-listed companies could cancel about $60 billion in dividend payments this year following Britain's lockdown and calls from regulators to preserve cash during the coronavirus crisis, according to a report by analytics company Link Group......»»

If you’ve been adversely affected by the coronavirus crisis and are struggling to make payments on your credit cards, you may be wondering what type of relief credit card companies are offering to their cardholders......»»

Coronavirus-hit British companies raise cash to shore up their balance sheets and navigate through the pandemic......»»

British aero-engine maker Rolls-Royce said it was scrapping its targets and its final dividend, taking steps to shore up its finances as airlines around the world ground planes due to the coronavirus pandemic......»»

British Airways is in talks with its union about a plan to suspend around 32,000 staff, a person familiar with the situation said, marking one of the industry's most dramatic moves yet to survive the coronavirus pandemic......»»

Attorneys say there has been an uptick in corporations seeking to temporarily halt 401(k) contributions to save cash as coronavirus hits business......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Rent, utilities, credit card payments, payroll: The bills are now coming due for big companies, small businesses and millions of laid-off workers. How Americans navigate the next few days will shape how the coronavirus pandemic impacts the economy......»»

Rent, utilities, credit card payments, payroll: The bills are now coming due for big companies, small businesses and millions of laid-off workers. How Americans navigate the next few days will shape how the coronavirus pandemic impacts the economy......»»

Inevitably, just like the Great Recession of 2008, companies one by one have begun suspending or cutting their dividends as part of their plan to fight the negative effects of this pandemic on their businesses......»»

Inevitably, just like the Great Recession of 2008, companies one by one have begun suspending or cutting their dividends as part of their plan to fight the negative effects of this pandemic on their businesses......»»

The European Central Bank told euro zone banks on Friday to skip dividend payments and share buybacks until October at the earliest and use their profits to support the economy as it is hit by the coronavirus pandemic......»»

Inevitably, just like the Great Recession of 2008, companies one by one have begun suspending or cutting their dividends as part of their plan to fight the negative effects of this pandemic on their businesses......»»

Inevitably, just like the Great Recession of 2008, companies one by one have begun suspending or cutting their dividends as part of their plan to fight the negative effects of this pandemic on their businesses......»»