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Household names Tesco, National Grid and AstraZeneca have proven their worth and their reputation as 'defensive' stocks over recent months, as global markets were rocked by coronavirus.
More from Mail on Sunday (United Kingdom):
Seeking Alpha 05/08/2020 15:50
Associated British Foods' retail segment has been severely hit by the pandemic lockdown. The company's conservative capital allocation policy has turned into an.
More from Seeking Alpha:
CORONAVIRUS has come to teach us some stark lessons about capitalism and class. The virus is killing the poor in much greater numbers than the rich – at a rate of roughly two to one. While most of us shudder at what the future holds economically for ourselves and our children, the rich remain safe, propped up by government bailouts and undertaxed wealth, just as they were propped up after the 2008 crash.
More from Scotland Herald (United Kingdom):
Just-Style 04/27/2020 06:13
Primark-owner Associated British Foods (ABF), meanwhile, has written down the value of its clothing stock by GBP284m (US$349.3m) as the fashion retailer has gone from making sales of GBP650m each month to nothing following the closure of ...
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Primark's owner, Associated British Food, said on Monday that its sales had gone from £650m a month to zero.
More from The Independent (United Kingdom):
Sky News (United Kingdom) 04/23/2020 16:13
Among the FTSE-100 companies which have accessed the salary subsidy programme are Associated British Foods, the owner of Primark, easyJet, the low-cost airline which has grounded its entire fleet because of the pandemic, and Melrose Industries, the owner of aerospace group GKN.
More from Sky News (United Kingdom):
Reuters.com 04/22/2020 04:39
Primark owner Associated British Foods has booked a 284 million-pound charge.
More from Reuters.com:
Guardian (United Kingdom) 04/21/2020 08:16
Primark’s owner Associated British Foods has written down £284m of stock, including Euro 2020 merchandise, after closing the fashion chain’s entire global network of 370 stores during the coronavirus crisis.
More from Guardian (United Kingdom):
One America News Network 04/21/2020 07:50
By James Davey LONDON (Reuters) - Primark owner Associated British Foods will not pay an interim dividend to save cash during the coronavirus crisis and has booked a 284 million pound ($352.
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FP Trading Desk (Canada) 04/21/2020 05:21
Primark-owner Associated British Foods fell 3.3% after it scrapped its interim dividend payout and said it could not provide full year 2019-20 earnings forecast.
More from FP Trading Desk (Canada):

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