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NatWest Shares (NWG) Fall Back From Highs as UK Govt Stake Moves Below 11%

The UK government has further reduced its stake in NatWest Group PLC, an Edinburgh, Scotland-based bank. As per the latest filing with the stock exchange on Friday, the government's share now stands at 10.99%, a slight decrea

Asktraders News Team
Gap’s Stock Price (NYSE: GAP) Up Big In Pre-Market on Improved Sales Outlook

Gap's stock price (NYSE: GAP) has just come off a session with gains of 6.89%, but this morning's pre-market has already shattered these gains, with an increase of 13.97% looking set to see the stock open above $25 on the

Asktraders News Team
FTSE 100 Rejected Above 8,200 | Index Making Gains Despite Retail Dip

Stocks on the London Stock Exchange pushed the FTSE 100 index back above 8,200 briefly this morning, as investors weighed an uptick in consumer confidence against a larger-

Asktraders News Team
Amazon Haul Sets Sights on Budget Shoppers

Amazon, the global e-commerce giant with over 300 million users worldwide, has announced the launch of a new service named Amazon Haul. As consumers confront the challenges of inflation and look for ways to stretch their budg

Asktraders News Team
DFS Furniture Appoints Interim CFO, Sees Trading Performance Improvement

In an update on Friday, DFS Furniture (LON: DFS) announced an improvement in its trading performance and appointed a new Interim Chief Financial Officer. The furniture reta

Sam Boughedda
Halma Share Price Target Raised, But Analyst Expects De-Rating

Jefferies raised its price target for Halma plc (LON: HLMA) to 2,200p from 1,950p in a note Thursday following the company's strong financial performance in the first half of its fiscal year 2024/25.

Sam Boughedda
Kioxia IPO Targets  ¥100BN on Tokyo Stock Exchange

In an upcoming move in the financial markets, Kioxia, a company backed by the private equity firm Bain Capital, is set to make a significant stride with its initial public offering (IPO) where it aims to raise  ¥100 billion,

Asktraders News Team
BJ’s Wholesale Stock Price (NYSE:BJ) Hits New High on Earnings and Buyback News

In a strong performance that beat market expectations, BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) reported third-quarter adjusted earnings per share of $1.18, notably higher than the anticipated 91 cents.

Asktraders News Team
Oklo (NYSE:OKLO) Eyes Acquisition of Atomic Alchemy

Oklo Inc. (NYSE: OKLO), an advanced nuclear technology company, has announced its intention to acquire Atomic Alchemy Inc., a provider of radioisotopes for non-medical applications, in an all-stock transaction. This strategic

Asktraders News Team
Shoe Carnival Stock (SCVL) Gains as Q3 Results Digested

Shoe Carnival, Inc. (NASDAQ: SCVL) has reported its financial results for the third quarter, presenting a mixed picture that included an earnings beat but also a miss on revenue expectations. The stock reacted to the upside,

Asktraders News Team
Snowflake’s Stock (SNOW) Up Big on Earnings Outlook

Shares of Snowflake Inc. (NYSE: SNOW) are up more than 30% in trading today, on the heels of issuing a sales outlook that surpassed analysts' expectations. The cloud-based data warehousing company has projected its product re

Asktraders News Team
Is Novartis Stock Sentiment Shifting on Improved Sales Outlook?

Novartis shares (SWX: NOVN) are moving up in trading today, adding 0.48% through the morning session as bullish sentiment builds on an improved outl

Asktraders News Team
JD Sports Shares (LON: JD) Hit New 52 Wk Low on Profit Warning

JD Sports' share price (LON: JD) has taken a bit of a beating today, sitting down 13.8% at 97.36p, having earlier made a new 52 week low at 94.22p. The firm somewhat alarme

Asktraders News Team
Kospi Index Holds 2,840 Level on Mixed Day

In today's trading session, the Kospi index witnessed a marginal decline, closing at 2480.63, which was a small drop of 1.66 points or -0.067%. Despite t

Asktraders News Team
KLCI Index Meets Resistance at 1,600 as Bursa Malaysia Closes at Day’s Low

The Bursa Malaysia dipped today in tandem with a broader downturn witnessed across the regional markets. Having started the morning looking to recapture to 1,600 price level, the index hit resistance and pulled back into the

Asktraders News Team
Royal Mail to Increase Prices Following Tax Impact, Shares Dip On Write Down (IDS)

Royal Mail has announced plans to increase its prices after incurring a significant financial hit due to a tax change in the UK Budget. The postal service company is dealing with a £120 million impact from the tax raid introd

Asktraders News Team
Frasers Says Boohoo Executive Chairman ‘Must Go,’ Fashion Firm Appoints Tim Morris as Independent Chair

Frasers Group (LON: FRAS) issued an open letter to shareholders of Boohoo (LON: BOO) on Thursday, calling for the removal of E

Sam Boughedda
BOJ Signals Close Data Scrutiny ahead of December Review, ^NI225 Dips

The Governor of the Bank of Japan, Kazuo Ueda, has signalled that the central bank will intensively scrutinize various data ahead of its December rate review meeting. This careful attention to detail underlines the bank's com

Asktraders News Team
ZIM Reports Record Results & $100M Special Dividend

ZIM Integrated Shipping Services Ltd (ZIM) has recently announced its financial results for the third quarter of 2024, showcasing a remarkable performance with record net income and revenue. Amidst concerns regarding potentia

Asktraders News Team
AstraZeneca Pipeline Prospects Remain Largely Unchanged

AstraZeneca's (LON: AZN) stock price has seen a significant decline in recent months due to ongoing investigations in China and disappointing clinical trial results.  [stock_m

Sam Boughedda