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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

Sam Boughedda
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

Sam Boughedda
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).

Sam Boughedda
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

Sam Boughedda
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.

Sam Boughedda
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.

Asktraders News Team
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

Asktraders News Team
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

Asktraders News Team
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

Asktraders News Team
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

Asktraders News Team
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

Asktraders News Team
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

Asktraders News Team
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

Asktraders News Team
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.

Sam Boughedda
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

Asktraders News Team
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

Asktraders News Team
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

Asktraders News Team
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

Sam Boughedda
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

Asktraders News Team
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

Asktraders News Team
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