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TT Electronics Share Price Targets Cut Following Trading Update

Electronic solutions engineering and manufacturing firm TT Electronics (LON: TTG) saw its share price targets significantly reduced by analysts following a disappointing trading update this week.

Sam Boughedda
Vodafone Making Strategic Moves Amid Operational Headwinds

Vodafone Group (LON: VOD), the British multinational telecommunications giant, is currently steering through a phase of operational challenges and strategic reshaping. The company has undertaken recent strategic moves includi

Asktraders News Team
Legal & General to Sell Cala Group for £1.35bn

Legal & General Group (LON: LGEN) announced Wednesday that it has agreed to sell its UK house builder, Cala Group, to a consortium led by Sixth Street Partners and Patron Capital for an enterprise value of £1.35 billion.

Sam Boughedda
Tesco Shares: Citi Raises Price Target Following Kantar Data

Citi analysts raised their price target for Tesco (LON: TSCO) following the release of the latest UK Kantar grocery market data. [stock_market_widget type="chart" template="li

Tesco store
Sam Boughedda
THG Shares Rise as Revenue Increases, Weighs Ingenuity Demerger

Consumer brands group THG (LON: THG) has seen its shares rise by more than 6% at the open on Tuesday following the release of its interim results for the half-year ended 30 June 2024.

The Hut Group shares asktraders
Sam Boughedda
Down 15% This Year, Could Abrdn Shares Be Set For A Comeback?

The financial market is often a rollercoaster of ups and downs, and abrdn (LON: ABDN), a notable FTSE 250-listed company born out of the merger between Standard Life and Aberdeen Asset Management, has certainly experienced it

ABRDN-logo
Asktraders News Team
AstraZeneca Cut to Sell as Analyst Sees Challenging Risk/Reward

AstraZeneca (LON: AZN) shares fell sharply on Friday after a downgrade by analysts at Deutsche Bank. While the stock opened higher on Monday, currently up 0.95%, it hit its lowest level in over a month last week.

AstraZeneca Office
Sam Boughedda
FTSE 100 Edges Lower Ahead of Fed, BoE Rate Decisions This Week

The FTSE 100 and European equities have started the week beginning Monday, September 16 2024, on the back foot, with the London index sliding around 0.25%  shortly after the open. On Friday, the FTSE 100 gained approximately

markets-ftse100
Sam Boughedda
Fresnillo Leads the FTSE 100 Amid Soaring Gold Prices

In a notable shift in the financial landscape, London's FTSE 100 index observed a marginal uptrend, marking a 0.46% gain to stand at 8,279 during today's afternoon tr

Fresnillo mine
Asktraders News Team
Vodafone Three Deal Under Scrutiny From CMA In UK

The United Kingdom's marketplace for mobile services could face significant changes if Vodafone and Three UK, two of the nation's leading mobile network operators, proceed with their planned merger. However, this major consol

Asktraders News Team
GlobalData Shares Have an Attrative Investment Case

GlobalData (LON: DATA) shares are down more than 8% in the last three months, but according to analysts at Berenberg, the company has an "attractive investment case." [stock_m

Sam Boughedda
Balfour Beatty Awarded £363m Contract by National Grid

London-listed international infrastructure group Balfour Beatty (LON: BBY) announced Friday that it has secured a significant £363 million contract from National Grid to upgrade the electricity network in East Anglia.

Balfour Beatty site
Sam Boughedda
UK Data Centres Gain Critical Infrastructure Status

The United Kingdom has officially recognised data centres as critical national infrastructure (CNI), placing them on par with essential services such as the National Health Service (NHS) and water supply. This significant dev

Asktraders News Team
Tesco’s Share Price Trading At 10 Year Highs

Tesco's share price (LON:TSCO) gapped up this morning to open at 368.90p, having previously closed out yesterday's session at 366.70. Shares of TSCO have now added 10.

Tesco store
Asktraders News Team
IAG Shares Climb: Will the Rally Continue?

IAG (LON: IAG) shares hit their highest level since 2021. With investors becoming more bullish on the stock, can the rise cont

how to buy iag shares 2023
Sam Boughedda
Trainline Shares Rally After Lifting Guidance Following Strong H1

Independent rail and coach travel platform Trainline (LON: TRN) saw its shares surge more than 8% on Thursday after the company announced a strong first-half performance and raised its guidance for the full year.

Trainline logo office
Sam Boughedda
AstraZeneca Share Price Faltering After Trial Results, Retains Backing Leading Into ESMO

Astranzeneca's share price (LON: AZN) has been coming under pressure in recent days, with the last 5 trading sessions offering up a 6.40% drop. This has come off the ba

AstraZeneca Share News and Updates
Asktraders News Team
Boohoo to Fulfill US Orders From UK Distribution Centre

Online fashion retailer Boohoo (LON: BOO) announced a significant change to its operations in the United States in a press release on Wednesday. The company revealed it wil

Boohoo
Sam Boughedda
Rightmove Rejects REA Group’s ‘Opportunistic’ Takeover Proposal

Property portal giant Rightmove (LON: RMV) said Wednesday that it has firmly rejected a takeover proposal from Australian real estate firm REA Group, deeming it "wholly opportunistic and fundamentally undervalued."

Housing - a close look
Sam Boughedda
Abrdn Appoints Jason Windsor as New CEO

Abrdn plc (LON: ABDN) announced the appointment of Jason Windsor as its new Group Chief Executive Officer in a press release on Tuesday. W

Handshake of businessmen
Sam Boughedda
AngloGold Ashanti to Acquire Centamin For $2.5bn

AngloGold Ashanti (NYSE: AU) has agreed to acquire Centamin (LON: CEY) in a deal valued at approximately $2.5 billion, the companies announced on Tuesday. The acquisition w

centamin stock forecast 2023
Sam Boughedda
Hilton Food Group Makes ‘Another Strong Step Forward’ – Shore Capital

Hilton Food Group (LON: HFG) reported results for the first half of FY24 last week, which analysts at Shore Capital believe marked significant progress in its ongoing profit recovery. 

Hilton Food plant
Sam Boughedda
FTSE 100 Opens Strong – Economic Events We Are Watching This Week

The FTSE 100 and European equities have started the week beginning Monday, September 9, 2024, strong, with the London index rising, currently up 0.5%  shortly after t

markets-ftse100
Sam Boughedda
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