UK Stock News
Reckitt Benckiser Clears Legal Hurdle, Share Price Jumps And Reclaims 5,100
Reckitt Benckiser Group's share price (LON: RKT) experienced a notable jump this morning, adding 8.88% and recapturing the 5,100 level following the company's vindication in a lawsuit concerning their baby formula products. T
European Airline Shares: Analysts Make Buy/Sell Calls (IAG, EZJ, WIZZ)
In a note to clients this week, analysts at Jefferies initiated coverage of European Airlines, including IAG, Wizz Air and EasyJet, offering contrasting views on the stocks.
Boohoo Appoints New CEO, It’s Not Mike Ashley
On Friday, Boohoo Group (LON: BOO) announced the appointment of Dan Finley as its new Chief Executive Officer, not bowing to pressure from Frasers Group to appoint Mike Ashley.
Will Lloyds Need To Trim £2bn Buyback After Court Ruling?
Lloyds Banking Group (LON:LLOY) may be forced to dramatically scale back its £2 billion share buyback program for the next year due to a recent adverse ruling from the
FTSE 100 Stumbles – Shell Makes Gains As Housebuilders Slump
The UK's benchmark FTSE 100 index, currently trades down 1%, as US markets opened to a red wave. The trend has been bearish over recent sessions, with today's drop ma
Shell Shares Rise Despite Profit Dip as Buyback & Dividend Confirmed
Energy titan Shell's share price (LON: SHEL) added 1.53% through today's morning session following a third-quarter earnings report that surpassed analyst expectations.
Kainos Shares Plunge as Company Cuts Full-Year Revenue Expectations
Kainos Group (LON: KNOS), a UK-based IT provider, saw its share price plummet by 14.5% on Thursday after the company released a trading update, lowering its full-year revenue expectations.
Haleon Stock Slides Following Q3 Update
Shares of Haleon (LON: HLN), the consumer healthcare giant spun off from GSK, declined Thursday, currently down more than 2% following the release of its Q3 trading update.
UK Bank Shares Rise as Budget Sparing Bank Levy is Presented – FTSE 100 Falls
In a climate of economic uncertainty, any time new budgets are due after a change in leading party, there is a glimmer of relief for Britain's banking industry. Shares in UK banks edged upwards on Wednesday amidst growing exp
Standard Chartered Share Price (STAN) Hits New Highs as Earnings Surge
Standard Chartered share price (LON: STAN) has added 3.17% through the morning session, hitting a new 52 week high of 911p on impressive earnings that beat market expectations. Within the banking sector, such news is often a
Next Shares Jump as Q3 Sales Rise, Guidance Increased
Leading British fashion retailer Next (LON: NXT) saw its shares jump at the open on Wednesday after the company reported a strong performance in the third quarter of its fiscal year.
GSK Shares Drop as Vaccine Sales Down in Q3
GSK (LON: GSK) shares fell more than 3% in early Wednesday trading after the company reported a decline in vaccine sales during the third quarter of 2024. [stock_market_widget
BP Share Price Hits 52 Wk Lows As Profit Dips
BP's share price (LON: BP) took a hit as the energy giant reported its weakest quarterly earnings in nearly four years, causing a drop of 4.97% on the day. This brings BP stock down to new 52 week lows in trading, with the ma
HSBC Reshuffles Executive Committee
HSBC (LON: HSBA), one of the world's largest banking and financial services organisations, has confirmed a significant change in its leadership structure by removing its chief sustainability officer from the executive committ
SSE Shares: Rating Cut to Sell at Citi
Citi downgraded SSE (LON: SSE) shares to Sell from Neutral this week, citing concerns over the deployment of its offshore wind fleet and potential risks to earnings. [stock_ma
IQE Shares Plunge After CEO Leaves
IQE plc (LON: IQE) shares plunged Tuesday after the company announced the sudden departure of its CEO, Americo Lemos. [stock_market_widget type="chart" template="line" color="
Computacenter Shares Dip on Softer Q3
Computacenter plc (LON: CCC) shares fell on Monday after the technology and services provider issued a trading update revealing a softer-than-anticipated end to the third quarter.
Trainline Shares Rally as Company Raises Full-Year Outlook
Trainline (LON: TRN) shares surged on Monday after the company revealed it is raising its guidance for the full year once again. [stock_market_widget type="chart" template="li
NatWest Shares Hit Multi Year High as Profits Soar
NatWest's share price (NWG) made new 52 week highs to end the week, with 2.12% gains on the day bringing the YTD appreciation to a cumulative 67.53%. The bank's shares popped up to the new high bar of 381.50 in early trading,
Lloyds Banking Earnings: Analyst Underwhelmed Following Call
Lloyds Banking (LON: LLOY) reported its third-quarter results Wednesday, prompting an initial rise in its share price. However, analysts at Citi were cautious following the earnings call.
Boohoo Issues Frasers Group Response
Following the letter from Frasers Group (LON: FRAS) on Thursday, Boohoo (LON: BOO) swiftly responded, saying it continues the process of reviewing the requests with its advisers, including the proposal to appoint Mike Ashley
Are Ashtead Technology Shares (LON: AT) Set To Break Out?
Ashtead Technology Holdings share price (LON: AT) gained an impressive 8.56% on the day, trying to break out above 600p, before closing at 589.50. A breakout above 600 that holds on decent volume could be an indication of an
FTSE 100 Gains On The Day But Fails to Hold Break Above 8,300
The FTSE 100 index faded a little into the close today, yet remained positive on the day, gaining 0.16% to close out at 8,272.14. The high point of the day was made w
