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BP Shares: RBC Capital Cuts Stock as Balance Sheet ‘Should Be Healthier’

BP (LON: BP.) was downgraded from Outperform to Sector Perform by RBC Capital in a note this week, with the investment bank als

BP oil
Sam Boughedda
Rolls-Royce Share Price Gains Reach 60% YTD As Firm Bags Engine Order from Cathay Pacific

Rolls-Royce share price (LON: RR) has gained 1.9% through early trading in London, bringing YTD gains up to an impressive 60%.

Rolls Royce logo
Asktraders News Team
FTSE 100 Index Sees Solid Gains as BOJ Eases Investor Concerns

In the early trading hours of Wednesday, the FTSE 100 experienced a notable increase, largely driven by remarks from Bank of Japan Governor Shinichi Uchida. At the ti

uk stock market person holding union jack
Asktraders News Team
Abrdn Share Price (LON: ABDN) Back Within Range As Dividend Announced

Abrdn plc (LON: ABDN), the well-known asset management firm, announced its plan to pay a dividend to shareholders. Those listed as stockholders on record by Thursday, August 15th, will benefit from a payout of 7.30p per share

Abdrn Logo
Asktraders News Team
Rivian Stock (NASDAQ: RIVN) Pulling Back As Earnings Beat & Analysts Price Targets Rise

Electric vehicle manufacturer Rivian Automotive stock price (NASDAQ: RIVN) has experienced a notable pullback in recent days, despite bullish movements from analysts. RIVN stock is trading down 9.5% over the past 5 trading se

Rivian logo
Asktraders News Team
BAE Systems Wins Air Force Contract

The Air Force Research Laboratory has awarded BAE Systems (LON: BA) a $48 million contract to further enhance the military's intelligence analysis capabilities by advan

Asktraders News Team
WPP Agrees Deal to Sell Majority Stake in FGS Global For $1.7bn

Advertising giant WPP (LON: WPP) announced the sale of its majority stake in strategic communications firm FGS Global in a press release Monday. The company said it will se

Sam Boughedda
Haleon Stock: Goldman Cautious, Berenberg Bullish

After a strong run over the last month or so, Haleon (LON: HLN) shares were downgraded by analysts at Goldman Sachs in a recen

Haleon stock
Sam Boughedda
UK Chancellor Aims To Entice Wall Street Investors To London Markets

In an assertive move to attract foreign investments into the United Kingdom, Chancellor Rachel Reeves embarked on a strategic journey to North America, meeting key industry leaders in New York and Toronto. This overseas ventu

Rachel Reeves
Asktraders News Team
Down 25% YTD, Capita Shares (LON: CPI) Trimmed By Deutsche Bank

Capita shares (LON: CPI) have gained 2.6% today but remain firmly in the red on recent trends, with the last 5 days of trading amounting to some 14.8% in losses. The UK-ba

Capita Office Cheltenham
Asktraders News Team
Analysts Downgrade Lloyds Banking Shares Following H1 Results

Lloyds Banking Group (LON: LLOY) has faced downgrades from analysts at Citi, UBS and RBC Capital following the release of its

Sam Boughedda
Will IAG Shares Climb Now Dividends Have Been Reinstated?

IAG (LON: IAG), the parent company of British Airways and Iberia, delivered a strong first-half performance, buoyed by robust

how to buy iag shares 2023
Sam Boughedda
Rightmove Shares Slide: Maintains Guidance Despite OpenRent Termination

Rightmove (LON: RMV) shares have taken a hit today, falling more than 3%, following the announcement of its contract termination with OpenRent. The online lettings agent wi

Sam Boughedda
Buffett Cuts Apple In Half

In a move that caught the investment world by surprise, Berkshire Hathaway, led by iconic investor Warren Buffett, substantially reduced its holdings in tech giant Appl

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Asktraders News Team
Rolls-Royce to Sell Stake in Mini-Nuclear Power Stations Business

Rolls-Royce (LON: RR.) is considering selling a share in its mini-nuclear power stations venture, according to a report from the Sunday Telegraph. The company is considering a "range of options."

Rolls Royce logo
Sam Boughedda
FTSE 100: Equities Decline as Last Week’s Sell-Off Continues

The FTSE 100 and European equities have started the week beginning Monday, August 5, 2024, negatively, picking up where they left off last week. The FTSE 100 is currently down more than 2% shortly after the opening bell. On F

Bank of England
Sam Boughedda
FTSE 100 & 250 Dip as Caution Prevails

The FTSE 100 index declined modestly on Friday, with a 0.51% drop, as the market sentiment turned cautious ahead of awaited economic data from the United States. The FTSE 250 index also saw a notable decrease, retreating by 1

uk stock market person holding union jack
Asktraders News Team
Shell Prioritises Overseas Investments Over UK Greening

Energy giant Shell PLC (LON: SHEL) has signalled a strategic shift with a pronounced focus on international projects, mere days after divesting a significant portion o

Warum in die Shell Aktie investieren?
Asktraders News Team
Whitbread Shares (LON: WTB) Down More Than 20% YTD, We Take a Look

Opening today more than 1.5% down, Whitbread shares (LON: WTB) now stand at a 21% loss on a YTD basis. As the FTSE 100 has gained almost 7% this year, the divergence of Whitbread vs the UK market has attracted the attention o

Premier Inn Hotel Whitbread
Asktraders News Team
Rolls-Royce Earnings Pass ‘With Flying Colour,’ Investors Should Remain Positive

The Roll-Royce target was lifted by analysts at Jefferies on Thursday following the company's latest quarterly results, which saw it raise full-year profit guidance. Jeffer

Rolls Royce engine
Sam Boughedda
Haleon PLC Commences £185 Million Buyback

Haleon share price (LON: HLN) gapped up on the open today, adding 2.5% as news of a buyback hit. In a decisive move to manage its capital, Haleon PLC, a noted player in th

Haleon logo
Asktraders News Team
FTSE 250 Index Significantly Outpaces The 100 In July – What Now?

In July, London's leading stock indices showed notable progress. The FTSE 100 climbed by 2.5%, while the more domestically focused FTSE 250 index leaped by 6.8%. This performance underscores a robust period for the UK market,

Asktraders News Team
Next Shares Jump On FY Pre-Tax Profit Guidance Increase

Next plc's (LON: NXT) share price rallied significantly on Thursday, rising over 8% following its second-quarter trading statement. [stock_market_widget type="chart" template=

Next plc store
Sam Boughedda