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Down 18% On The Year, Reckitt (LON: RKT) Refocuses by Shedding Units

Reckitt shares (LON: RKT) have had a difficult time so far in 2024, with an 18% drop a far cry from what holders would have wanted. It should come as

Reckitt Benckiser products
Asktraders News Team
Why Are Compass Group Shares Up? (LON: CPG)

Compass Group shares (LON: CPG) gapped up on the open yesterday, and continue the climb through the early part of today's session. The stock has 0.5% gains so far today, bringing the total increase just under 5%, but why the

Compass Group take away food containers, held by employee
Asktraders News Team
BAE Systems Enhances In-Flight Connectivity

In a significant boost to in-flight connectivity options, BAE Systems (LON: BA), together with Stellar Blu Solutions, has announced the successful completion

Asktraders News Team
Informa to Acquire Ascential for £1.2bn

Informa (LON: INF), a leading exhibitions and events group, has agreed to acquire rival Ascential (LON: ASCL) for £1.2 billion, the companies announced Wednesday. Ascential

Handshake of businessmen
Sam Boughedda
EasyJet Shares Jump After Revenue Rises 11% in Q3

EasyJet's (LON: EZJ) share price surged over 9% at the open on Wednesday after the company reported a strong third quarter with revenue rising 11% to £2.6 billion.

Sam Boughedda
Up 16% in July, Is RS Group (LON:RS1) Ready To Break Out?

RS Group shares (LON:RS1) have witnessed a 16% increase in its price on the London Stock Exchange (LSE) since the 1st July. This recent uptick has brought the company's stock clos

RS Group Logo
Asktraders News Team
Indivior Shares (LON: INDV) Get Bullish Coverage Initiation From Piper Sandler

Shares of Indivior PLC (LON: INDV) are on the move today, with a positive nudge of 3.5% to their market value. The leader in addiction medicine is attracting analyst attention with Piper Sandler initiating coverage with an Ov

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Asktraders News Team
FTSE 250 Index Gains Favour As Markets Shift

As financial markets continuously adapt to changing economic conditions, the mid-cap stocks of the FTSE 250 index have once again come under the spotlight. With the 250 gaining more than 10% over the past year, and the 100 ad

UK short
Asktraders News Team
AstraZeneca Earnings: Here’s What to Expect

AstraZeneca (LON: AZN) is set to report its second-quarter and first-half results before the open on Thursday, July 25. The key question on investors' minds: can AstraZeneca maintain the strong performance it delivered in the

AstraZeneca
Sam Boughedda
Unilever Ice-Cream Unit Priced Too High, Says Analyst

Unilever's (LON: ULVR) plan to sell its ice cream unit in 2025 may face a bumpy road due to a potential price mismatch, according to Jefferies analyst David Hayes. While Un

Unilever-office-sign
Sam Boughedda
Rentokil Shares (LON: RTO) Jump 11% as Potential Takeover Reported

Rentokil Initial shares (LON: RTO) have bounced over 11% through this morning's trading session, amidst reports of a potential private equity takeover bid being orchestrated by former BT CEO Philip Jansen.

Rentokil Initial logo
Asktraders News Team
Entain’s Executive Shift: Gavin Isaacs Takes the Helm

Entain (LON: ENT), the FTSE 100 gambling giant, has announced a significant leadership change with the appointment of industry stalwart Gavin Isaacs as its new Chief Executive Officer, effective from September.

entain logo with ladbrokes coral and gala
Asktraders News Team
Vodafone Sells Further 10% Stake in Vantage Towers for €1.3bn

Vodafone Group (LON: VOD) announced Monday that it has completed the sale of another 10% stake in Oak Holdings, the joint venture controlling Vantage Towers, for €1.3 billion.

Vodafone store
Sam Boughedda
FTSE 100 Rises as Markets React to Weekend Events

It is a strong start to the week for the FTSE 100 on Monday, July 22, 2024, with the index currently up 0.48% to 8,194.25 just after the opening bell as investors react to the weekend’s events, including US President Joe Bide

Sam Boughedda
Revolut Founder Moves to Sell $500M in Shares

In a significant financial move, Nik Storonsky, the founder and chief executive of the leading fintech company Revolut, is set to sell part of his stake in a deal valued at $500 million. This decision comes amidst the backdro

revolut logo
Asktraders News Team
BHP Share Price Outlook Lifted by RBC After Strong Quarter

RBC Capital Markets revised the price target for mining giant BHP shares, reflecting optimism spurred by the company's strong quarterly performance. BHP, which has listing

copper related stocks malaysia bhp group
Asktraders News Team
Hargreaves Lansdown Net New Clients Jump in Q4

Hargreaves Lansdown (LON: HL.) reported a trading update on Friday, with a significant rise in new client numbers and net new business. Th

Hargreaves Lansdown review
Sam Boughedda
Ocado ‘Valuation is Challenging’ – Barclays

Ocado (LON: OCDO) reported what it described as "strong financial progress" for the 26 weeks ended 2 June 2024 on Wednesday, with revenue increasing 12.6% to £1.5 billion.

Sam Boughedda
3i Group Shares (LON: III) Gave Up Early Gains, Strong Q1 Update & Analyst Forecasts Indicate Bullishness

3i Group shares (LON: III) ended the day static yesterday, despite trading up early on a positive first-quarter performance update. Having looked set to challenge 52 wk highs of 3180 when immediately pushing to 3171 minutes a

Asktraders News Team
National Grid Shares (NG.L) Red YTD, What To Expect From Here?

National Grid shares (LON: NG) have traditionally been a staple in the portfolios of many investors seeking value and reliability. However, recent financial developments have cast a shadow on the utility company's attractiven

Asktraders News Team
AJ Bell Shares Jump as Strong Momentum Continues in Q3

UK investment platform AJ Bell (LON: AJB) reported a strong third quarter on Thursday, with continued growth in customers and assets under administration (AUA). This positi

AJBellYouInvest_UK_platform
Sam Boughedda
Frasers Group Shares Rally as it Forecasts ‘Multi-Year Profitable Growth’

Frasers Group (LON: FRAS), the retail giant behind Sports Direct and House of Fraser, reported a strong year with a focus on future growth, pushing their shares more than 7% higher at the start of Thursday's session.

Frasers outlet
Sam Boughedda
Rio Tinto Shares (RIO) Up Early, As JPMorgan Set NewPrice Target

Rio Tinto shares (LON: RIO) have started the day in bullish fashion, up 0.97% through the early part of trading at 5120p.

Rio Tinto facility
Asktraders News Team