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TalkTalk Secures £400M Refinancing Deal

Sir Charles Dunstone, the founder of the broadband provider TalkTalk, has successfully negotiated a £400 million deal with lenders to prevent the company from falling into a potential debt default. This financial lifeline com

Bank of England
Asktraders News Team
Tesla’s US EV Market Share Falls Below 50%

For the first time, electric vehicle (EV) market leader

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Asktraders News Team
BT Group Shares Surge as Bharti Global Agrees Deal to Acquire 24.5% Stake

BT Group's (LON: BT.A) share price jumped by more than 6% at the open on Monday after Indian conglomerate Bharti Global announced a deal to acquire a 24.5% stake in the British telecom giant.

BT Group logo
Sam Boughedda
FTSE 100 Gains Ahead of Inflation, GDP Data This Week

The FTSE 100 and European equities have started the week beginning Monday, August 12, 2024, where they left off, with London's blue-chip index gaining 0.5% shortly after the open, rising to 8,209.65. On Friday, the FTSE 100 r

Sam Boughedda
M&S Shares Up 50% – Is Growth Sustainable Against Hot Competition?

Up 1% in early trading today, M&S shares (LON: MKS) are currently attracting particular attention due to recent upside delta on markets. The long-established retailer,

marks and spencer
Asktraders News Team
Are GSK Shares Getting Ready To Break Out?

GSK shares (LON:GSK) have been spending quite a lot of time around the 1500 - 1500p mark, with the last month of trading very much in a range. On a YTD basis, this level has found itself acting as support on a few occasions,

GSK Office
Asktraders News Team
Barclays Stock a Top Pick at Morgan Stanley – UK Banking Resilience Stands Out

In a note covering bank stocks on Thursday, Morgan Stanley analysts picked out Barclays (LON: BARC) as a new top pick, citing the resilience of the UK banking sector as a key factor.

Barclays
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Hargreaves Lansdown To Be Acquired For £5.4bn By Private Equity Consortium

Hargreaves Lansdown, the prominent UK-based investment platform, is set to be acquired by a consortium of private equity heavyweights, the company announced Friday. Harp Bi

Hargreaves Lansdown review
Sam Boughedda
Rio Tinto Share Price Target Get’s Boost From Barclays to 6,250 GBp

Rio Tinto's share price closed the day completely flat yesterday, after gapping down on the open. The global mining giant, listed on the London Stock Exchange under the tic

Rio Tinto Shares
Asktraders News Team
BT Shares (LON: BT.A) Down 5% As Markets Highlight Concerns

BT Group shares (LON: BT.A) took a significant downturn in early trading today, with a 5% drop putting the stock amongst the LSE's worst performers on the day. Markets are

BT Group
Asktraders News Team
NatWest Shares (NWG) Making Moves As Bank Seeks To Offload Risk to Sustain Dividends

NatWest share price (LON: NWG) is a big mover today on the London Stock Exchange, but in the wrong direction for holders, down 3.08%.

Natwest branch
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FTSE Stumbles Out The Gate, Nikkei 225 Losses Amount To 14% Over 1 Month

In a continuation of recent market volatility, the FTSE 100, a benchmark index for the UK stock market, opened lower by shedding almost 1%, a decline of 76 points, to stand at 8,090. This downturn wiped out most of the gains

Asktraders News Team
Deliveroo Shares Jump After Reporting H1 Profit, Announcing Share Buyback

Deliveroo (LON: ROO) shares surged more than 6% at the open on Thursday after the company reported a positive profit and free cash flow for the first half of 2024. [stock_mark

Deliveroo driver
Sam Boughedda
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

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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
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