UK Stock News
National Grid Added to JPMorgan Focus List – Share Price (LON: NG.) Continues To Gain
Analysts at US investment bank JPMorgan said the valuation of National Grid (LON: NG.) is currently attractive in a note to clients this week, adding the stock to its Analyst Focus List.
Sainsbury Shares: ‘There Remains A Lot To Like’ Says Shore Capital
Sainsbury (LON: SBRY) released its first-quarter trading statement on Tuesday. The statement revealed a 4.2% increase in sales year-on-year and a 3% rise in like-for-like sales, prompting positive commentary from at least one
Why are Anglo American Shares (LON: AAL) Down?
Shares in mining giant Anglo American (LON: AAL) experienced a notable decline on Monday, moving in to today's session with a total drop of almost 5%. A fire outbreak at the company's Grosvenor coal mine in Queensland, Austra
Wizz Air Shares Fall As June Passenger Numbers Edge Lower YoY
Shares of low-cost airline Wizz Air (LON: WIZZ) dipped more than 2% at the start of Tuesday's session after the company revealed its passenger numbers fell in June. Wizz Ai
Sainsbury Shares Slide Despite Q1 Sales Growth
Sainsbury's (LON: SBRY) shares fell over 1% at the open on Tuesday following its first-quarter trading statement. The supermarket giant reported sales growth in the quarter, driven by continued momentum in its grocery busines
Three Dividend ETFs Worth Considering for Passive Income
The amount of capital flowing in to ETFs has picked up pace in recent years, with a whole range of different assets and specialisms. US mutual funds and ETFs saw an inflow of $58 billion in in May, and the choice available is
InterContinental Hotels Group (IHG) Shares Expected to ‘Drift’ Until Catalyst Next Year
The InterContinental Hotels Group (LON: IHG) share price target was cut to 8,300p from 8,400p by analysts at Jefferies in a recent research note, with the firm saying it expects the company's shares to wander aimlessly until
The FTSE 100 Rises, UK House Prices Climb
The FTSE 100 started the week very strongly on Monday, July 1, 2024, with the index rising 0.73% to 8,223.65 just after the opening bell. On Friday, London’s blue-chip index declined 0.19%, falling 15.6 points lower to 8164.1
UK Economy Surpasses Growth Expectations
In an encouraging development for the UK, recent official figures have revealed that the economy experienced stronger growth than initially estimated in the first quarter of the year.
A Labour Party Win Not Seen as GBP Negative, Says Mizuho
Analysts at Mizuho suggest that a Labour Party victory in the upcoming UK election would not adversely impact the British pound (GBP). The investment firm argued, in a note
RSV Vaccine Update Rattles Pharma Stocks – GSK.L, PFE, MRNA
Following recent guidance from U.S. health authorities on the administration of respiratory syncytial virus (RSV) vaccines, shares of pharmaceutical companies took a hit. GlaxoSmithKline PLC (LON:GSK), a major vaccine manufac
Watches of Switzerland Profits Slide, But CEO Sees ‘Unique Growth Opportunities Ahead’
Watches of Switzerland Group (LON: WOSG) saw profits decline in fiscal year 2024 (FY24) due to challenging market conditions. However, the company remains confident in its future, citing strong growth in the US and strategic
Shein Filed For London IPO, But Some Investors Are Cautious
Fast-fashion giant Shein has confidentially filed for a potential IPO on the London Stock Exchange later this year, according to reports. Shein's initial plan was for a New
AstraZeneca Share Price (LON:AZN) Hits New ATH Before Retreating To Red On The Day
AstraZeneca share price (LON:AZN) took out a new all time high in today's trading session, before falling back to test the £125 mark. Giving up the gains to end the day 0.25% may not sound like a landmark day, but for those t
Witan and Alliance Trust in Landmark £5bn Merger – Both Shares Gain On News
In a historic move for the UK investment sector, the Witan Investment Trust (LON: WTAN) has announced a merger with the Alliance Trust (LON: ATST), with aspirations to reach FTSE 100 status.
EnSilica Shares (LON: ENSI) Turn A Corner
EnSilica shares (LON: ENSI) have been rebuilding after a period of uncertainty, with the last 5 months of gains (from Jan 25th close) amounting to 60%. With the 6 months preceding this run up amounting to 50% in losses, holde
NatWest Shares (LON: NWG) Gap Up – JP Morgan Reaffirm As Government Divestment Continues
NatWest shares (LON: NWG) gapped up this morning, opening at 312.8 having closed out yesterday's session at 310.3p. With the stock price up 0.6% through the early part of trading, we take a look at the support in the bank's s
Phoenix Group to Explore SunLife Sale
Insurance services provider Phoenix Group (LON: PHNX) announced Wednesday that it intends to explore a potential sale of its SunLife Limited business. SunLife is a leading
Doordash, Deliveroo Takeover Talks End on Valuation Disagreement, According to Report
Doordash (NASDAQ: DASH) reportedly showed interest in acquiring Deliveroo (LON: ROO) last month, according to Reuters (citing sources), but discussions ended due to disagreements on valuation.
Funding Circle Shares (LON: FCH) Hit Multi Year High – US Market Exit Deal
Funding Circle shares (LON: FCH) bounced in the early part of trading, at one point hitting a round 100p and setting new multi year highs. Having gained almost 15% early, some of the gains have been given back through the day
Shein Eyes London IPO Amid US Market Hurdles
The Global fashion retailer Shein has taken a significant step towards its financial future by confidentially filing for an Initial Public Offering (IPO) on the London Stock Exchange
Shareholder Lancaster Investment Management Questions Hargreaves Lansdown Takeover Bid
Lancaster Investment Management, a shareholder in Hargreaves Lansdown (LON: HL.), published an open letter expressing concerns about the takeover bid from a private equity consortium led by CVC Capital Partners.
Land Securities Acquires Additional 17.5% Stake in Bluewater
On Tuesday, Land Securities Group PLC (LON: LAND) announced the completion of a £120 million acquisition of a 17.5% stake in Bluewater, a leading UK retail destination. This increases Landsec's ownership to 66.25%.