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Rightmove: REA Eyes Potential Acquisition

Australia's REA Group confirmed on Monday that it is considering a potential cash and share offer for to acquire Rightmove (LON: RMV), the leading online property marketplace in the United Kingdom.

Sam Boughedda
Compass Group Shares (LON:CPG) Continue To Outperform, Where Next?

Compass Group shares (LON: CPG) are coming off 52 week highs this week, as the London listed stock continues to outperform the index. A 12.46% on a YTD basis brings the 12

Compass Group take away food containers, held by employee
Asktraders News Team
Reckitt’s Outlook Dims; JPMorgan Cuts Rating

Reckitt's shares are trading up today, gaining 1.04% and continuing the mini recent revival. This upswing comes despite a recent move that caught the attention of investors. Notably, JPMorgan has downgraded the stock of Recki

Reckitt Benckiser logo
Asktraders News Team
Diversified Energy’s Dividend Shifts Gear (LON: DEC)

Investors in search of high-yield dividend stocks on the FTSE 250 have been closely monitoring Diversified Energy Company (LON: DEC), which currently tops the list with an extraordinary dividend yield that is close to 20% at

Diversified Energy logo1
Asktraders News Team
Centrica Shares: Should Investors Buy the Dip

Centrica (LON: CNA) has seen its shares decline more than 8% in 2024. While some analysts and investors may be wary at current levels, one believes the risk-reward for the stock is now an attractive one.

Sam Boughedda
Why Has Glencore’s Share Price Been Falling In Recent Months?

Glencore's share price (LON: GLEN) has declined over the last 3 months, retracing from 52 week highs over 500p (506.72) to be trading a little over 400p. With the stock changing hands at 403.40 this morning, up 0.7%, the dip

Asktraders News Team
Whitbread Shares Upgraded at Bernstein With ‘Easier H2 Comps Ahead’

Whitbread (LON: WTB) shares rallied more than 3% Thursday after analysts at Bernstein raised their rating for the stock to Outperform from Market Perform, noting that the stock is at a record low price to earnings.

Whitbread
Sam Boughedda
GSK Shares Rise After European Commission Approves Arexvy Label Expansion

GSK's (LON: GSK) shares are up around 0.7% on Thursday following the announcement that the European Commission has expanded the age indication for its RSV vaccine, Arexvy. [st

GSK Office
Sam Boughedda
Watches of Switzerland Shares: Down 42% This Year – Here’s Why

Watches of Switzerland Group (LON: WOSG) has seen its share price plummet by 42% in 2024. This significant decline is a stark contrast to the buoyant performance of the bro

Sam Boughedda
GSK Shares (LON: GSK) Climb After Supreme Court Review

Pharmaceutical giant GSK's share price (LON: GSK) has gained 1.55% this morning as the Delaware Supreme Court accepted the company’s appeal for an interlocutory review

GSK Office
Asktraders News Team
AB Foods: ‘The Primark Margin Recovery Story Has Played Out’

Despite opening lower in Tuesday's session, Associated British Foods (LON: ABF) shares have recovered after the stock was downgraded to Sell from Hold at Deutsche Bank. The

primark store
Sam Boughedda
Frasers Group Expands Global Reach with 14.65% Stake in Accent Group

London-listed retail firm Frasers Group (LON: FRAS) has solidified its presence in the Australian and New Zealand markets with a strategic investment in Accent Group Limited, the company announced Wednesday.

Frasers outlet
Sam Boughedda
UK Shop Prices Drop, Signaling Easing Inflation

In a surprising shift for the UK retail industry, shop prices have recorded a decline for the first time in nearly three years, a signal that the persistent inflation crisis may be receding. According to recent data, the firs

Asktraders News Team
Are IG Group Shares (LON: IGG) Threatening Break Out?

IG Group shares (LON: IGG) have drawn attention in recent months, as gains of 28.84% on a YTD basis significantly outperforms the FTSE 250 index's 9% gain over the sa

Asktraders News Team
Will Persimmon Benefit From Government Plans? PSN Shares A Big Gainer Over Last 12 Months

In the UK's construction sector, Persimmon, a notable FTSE 250 listed housebuilder, is navigating through challenging times accentuated by a significant drop in underlying operating profits of 65% in the first half of 2023 an

Persimmon Homes
Asktraders News Team
FTSE 100: Bunzl Shares Surge

The FTSE 100 and European equities have started Tuesday, August 27 2024, higher, with the London index gaining around 0.39%  shortly after the open, rising to 8,360.45, adding to the gains made on Friday. Bunzl is the biggest

Bank of England
Sam Boughedda
Unilever Stock Double-Upgraded By BofA: ‘More Growth Expected’

Unilever (LON: ULVR) shares gained more than 1% in Thursday's session after the stock was given a boost by analysts at Bank of America, who double-upgraded it to Buy from Underperform.

Unilever-office-sign
Asktraders News Team
Here’s Why B&M Shares Are Down 22% This Year

Retailer B&M European Value Retail (LON: BME) has seen its shares tumble by 22% this year, leaving investors questioning what happened to the stock that experienced a strong rise in 2023.

B&M European Value Retail store
Sam Boughedda
Is Aviva’s Share Price (LON:AV) Set To Break Out?

When looking for stocks in the FTSE 100 index, Aviva's share price is one that may be threatening to break out. The insurance giant Aviva (LON: AV) has drawn attentio

Aviva logo
Asktraders News Team
Diageo Shares (LON: DGE) Holding Steady. What Next?

Diageo shares (LON:DGE) have had a difficult 12 months, with losses of 23.5% leaving holders looking for signs of a sentiment shift. It would be well noted then that JPMorgan has reiterated a "neutral" rating on the spirits g

Diageo drinks
Asktraders News Team
FTSE 100 Rises on US Rate Cut Hopes

The UK's FTSE 100 index is showing some mild bullishness, adding 0.16% and trying to retake 8,300. This upward trend was primarily driven by the market's optimism sur

Asktraders News Team
Berenberg Bank Increases Derwent London Price Target

Derwent London shares (LON: DLN) have gained 2.15% today, changing hands at 2.376, as Berenberg come in with price target hike. The company boasting a market capitalisation of £2.67 billion, and over the past twelve months,

Derwent London Logo
Asktraders News Team
UK Supermarkets See Shifting Tide As Asda Falters – MKS Shares Lead TSCO, SBRY, OCDO Through 2024

Supermarkets in the UK experienced a wave of increased sales over the summer period, largely thanks to a spike in demand fuelled by warm weather and the summer holidays. Notably, sales surged by 5.5% between July and August,

teso shopping trolley in aisle
Asktraders News Team