Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
So the FCA has 'strongly requested' to any company which was planning to publish results in the next fortnight that they observe a moratorium. I understand why it has requested it – high uncertainty and a real difficulty in doing anything other than quoting your banking facilities, that you are reducing costs and having to pull some combination of your full year guidance / dividend etc. However information is the lifeblood of any market…
Premium content is for paid subscribers only
ShareProphets is reader-supported journalism
Become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.