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Berkeley Group on Track for Pre-Tax Earnings Target
Berkeley Group Holdings (LON: BKG) announced Friday that its trading performance for the first four months of the fiscal year has remained steady. The company said it is co
ABF: Primark Sales Impacted by Unfavorable Weather
On Thursday, Associated British Foods (LON: ABF) released an update on its trading performance during the second half of the financial year ending September 14, 2024. While
Asos Announces Topshop JV, Says FY24 Sales Slightly Below Guidance
Online fashion retailer ASOS (LON: ASC) announced a series of developments on Thursday, including a refinancing plan, a joint venture for the Topshop and Topman brands, and a trading update for fiscal year 2024 (FY24).
Hikma Pharmaceuticals Shares: Analyst Now More Confident in Growth – Here’s Why
Hikma Pharmaceuticals (LON: HIK) was upgraded to Buy from Hold at Berenberg this week, with an analyst at the firm telling investors in a note that they now have more confidence in the growth outlook across the business for t
M&G Well Positioned to Navigate Challenging Market Despite Operating Profit Decline
M&G plc (LON: MNG) posted what it described as a resilient financial performance for the first half of 2024 despite reporting a decline in adjusted operating profit and net client flows.
What Are Markets Looking For In Broadcom’s Earnings?
As the technology sector garners attention with Broadcom's (NASDAQ: AVGO) upcoming earnings release tomorrow, we take a look at the numbers that markets are expecting, along with a quick glance at future outlook.
Viaro Energy Acquiring North Sea Assets
In recent days, independent British producer Viaro Energy has made a significant stride in expanding its portfolio by declaring its intention to acquire Shell and Exxo
HSBC Boosts Shareholder Value with £3bn Buyback
HSBC Holdings shares (LON:HSBA) have pulled back 1.1% in London trading today, with news of a substantial £3 billion share buyback along with a declaration of a second interim dividend of $0.10 per share failing to provide th
BP to Hand Shareholders $7 Billion on Stock Buybacks
U.K.-based oil giant BP PLC (LON: BP) has announced an upcoming reward for its shareholders, a hefty $7 billion that will come through stock repurchases. This decision c
Will Intel Fall Out Of The DJIA?
Intel's stock (NASDAQ: INTC) is coming under further pressure today, losing 6.5% down but holding above the $20 level. With news that Intel is facing the potential reality of being delisted from the
Bullish Sentiment Persists for Defense Giant As Northrop Grumman Target Raised to $599
Northrop Grumman Corp's stock price (NYSE: NOC) is on the move today, as Seaport Research come in with a big upgrade on the stock. The defense and aerospace leader saw its shares edging up 0.8% to $525.31 through the early pa
Citi Maintains Bullish Stance on Diageo But Trims Target
Citi has reaffirmed its confidence in Diageo PLC (LON:DGE), maintaining a "Buy" rating on the global beverage giant's stock yet slightly reduced its price target from 3000p to 2900p. This adjustment comes in the wake of Diage
Why Does Dollar General’s Stock (NYSE: DG) Keep Falling?
Dollar General's stock price (NYSE:DG) faced a challenging August, losing 30.85%. This brings the YTD performance even further into negative territory, with a loss of 40% leaving some DG holders scratching their heads. Follow
Kingfisher Cut at Barclays Ahead of ‘Potentially Underwhelming’ H1 Results
Shares of British home improvement retailer Kingfisher (LON: KGF) fell around 1% in Monday's session following a downgrade by Barclays, which shifted its rating from Overweight to Equal Weight in a note to clients.
What’s The Latest View On Apple’s Stock?
News abounds that Apple are considering investing in OpenAI's next funding round, putting the AI company closer to a broader selection of US based big tech firms. The WSJ reported that both Apple and Nvidia are considering in
Moonward Bound LUNR Stock Price Gains 40% Over 1 Month
Intuitive Machines stock price (NASDAQ: LUNR) has gained 40% in the last month as appetite for space based companies gathers pace, with projects nearing. Listed under ticker LUNR, August's gains bring the YTD on the stock to
What To Expect From Hewlett Packard’s (NYSE: HPE) Earnings
Hewlett Packard Enterprise (NYSE: HPE) is on the cusp of revealing its third quarter results for fiscal year 2024 on September 4, and the anticipation is building up among investors and analysts alike. The company, which has
Watches of Switzerland Confident in Delivering FY25 Guidance
Watches of Switzerland Group (LON: WOSG) said in a trading update on Tuesday that trading for the first 18 weeks of the financial year has been in line with expectations. [sto
China Stocks Decline, SSE Index Drops 1.1% With Real Estate Pulling Back
Chinese stocks saw a mild downturn today, as recent gains by property developers dissipated, influenced by underwhelming domestic home price data. The real estate sector faced significant pressure, with major state-owned ente
Shell Receives Further Analyst Support
Shell shares (LON: SHEL) trade mildly green on London markets today, up 0.2% as the FTSE 100 index remains r