- FTSE 250 constituent stock First Group Plc (LON: FGP) tumbled 20.73% to GBX 102.50 at the London Stock Exchange (before the market close, at 02:37 PM GMT), as the group reported operating loss of £118.1m in the H1FY20 against the profit of £46.3m in the same period of the corresponding financial year.
- Loss per share soared substantially from 0.6p to 14.3p in the first half of FY20, including the Greyhound impairment charge of £124.4m, North American self-insurance reserve charge of £59.3m and restructuring and reorganisation costs of £15.4m, respectively.
With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities.
Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?
Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.
We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.