UK Stock News
GSK to Acquire IDRx in Deal Worth Up To $1.15bn
On Monday, GSK (LON: GSK) announced an acquisition agreement with IDRx, Inc., a Boston-based clinical-stage biopharmaceutical company, for up to $1.15 billion. The de
Serco Stutters as Jefferies Downgrade Shares to Hold and Trims Target
Serco Group shares (LON: SRP) are falling today, down 3.10% in early trading after as Jefferies analyst Allen Wells downgraded the stock from "Buy" to "Hold," while also lowering the price target to 175 GBp (previously 225 GB
Reckitt Benckiser Shares (RKT) Break 5,000 as Morgan Stanley Upgrades
Reckitt Benckiser's shares (LON: RKT) are trading up 2.42% today, as the firm received a significant vote of confidence from Morgan Stanley. In a research note, the fir
Centrica Share Price Target Cut, Drax Target Raised by Barclays
Barclays adjusted its outlook on two UK energy names in a note this week, cutting Centrica’s (LON: CNA) price target while raising its target for Drax Group (LON: DRX). Cen
Sainsbury’s Shares Continue Decline Despite ‘Best Ever Christmas’
Sainsbury’s (LON: SBRY) shares continued their downward trajectory, falling more than 3% on Thursday and slipping over 2% further in early Friday trading, now standing at 552.7p.Â
Relx Share Price (LON:REL) Makes New All Time High, Analysts See Further Upside
Relx share price (LON:REL) hit new 52-week, and all-time highs in yesterday's session, reaching 3,820p intraday and closing out above 3,800. With the last 12 months bri
FTSE 100 Makes Solid Gains as FTSE 250 Fights Back To Hold 20,000
The London Stock Exchange experienced a bullish day, away from the impact of closed U.S. markets, with the benchmark
Marks & Spencer Stock Tumbles as Company Faces Higher Costs from Tax Increases
Marks & Spencer (LON: MKS) shares dropped more than 6% to 352.7p on Thursday despite reporting robust sales growth over the Christmas trading period. [stock_market_widget
Greggs Share Price Drops Again Despite Record £2bn Sales in FY24
UK bakery chain Greggs (LON: GRG) reported a record £2.01 billion in total sales for the financial year 2024, marking an 11.3% increase compared to the previous year. However, its share price dropped further on Thursday.
ICGT Executed Share Buyback as Stock Continues To Trade in Range
ICG Enterprise Trust plc (LON: ICGT) has announced a transaction involving the repurchase of its own shares, conducted on January 8. This strategic move is part of the company's broader efforts to manage its share capital eff
Shell Warns of Weaker Gas Earnings, Stock Dips Along With Market
Shell's share price (LON:SHEL) saw a 1.11% decline today, following the company's announcement that it anticipates "materially weaker" earnings in its integrated gas division. Shell is also reducing its production guidance ac
Is the Raspberry Pi Rally Overdone?
Raspberry Pi (LON: RPI) shares have surged over 51% in the past three months, but the rally may have gone too far. That's according to HSBC analysts in a note this week. Th
Topps Tiles Share Price Jumps: Sees Further Improvement in Trading, CEO to Retire
Topps Tiles (LON: TPT) rallied at the start of Wednesday's session, climbing over 7% after the company reported a strong start to its financial year. [stock_market_widget type
Could Diageo Shake Underperformer Tag?
Diageo's shares (LON: DGE) were an underperformer through 2024, with a loss of more than 10% coming against the FTSE 100 index's gain of 5.7%. News of the U.S Surgeon
GlobalData Acquires Intelligence Solutions Provider Deallus
GlobalData (LON: DATA) announced the acquisition of competitive intelligence solutions provider Deallus on Tuesday. [stock_market_widget type="chart" template="line" color="#1
Next Share Price Gains as Profit Guidance Raised But Retailer Warns ‘UK Growth is Likely to Slow’
Next plc (LON: NXT) shares jumped over 3% at the open on Tuesday after the retailer raised its full-year profit forecast, crediting strong Christmas trading. [stock_market_wid
Rolls-Royce Share Price Dips on Downgrade
Rolls-Royce shares (LON: RR) are trading down 2.53% today, as a downgrade from Citi put a dampener on the previous bullish action. The prominent player in the aviation industry and a member of the
Experian Shares Break 3,500 After Finding Support
Experian's share price (LON: EXPN) had experienced a Q4 to forget, with the final quarter of last year seeing a decline of more than 13% for the firm. With EXPN finding a support level around 3,400 as it did in August, holder
TruFin Shares Jump as Pre-Tax Profit to Be ‘Significantly Ahead’ of Expectations
TruFin (LON: TRU) shares jumped by more than 8% in early Monday trading after the company announced it expects its adjusted profit before tax (PBT) for 2024 to significantly exceed market expectations, marking its first full-
Jefferies Cuts Rio Tinto, BHP Group, Glencore, Antofagasta Share Price Targets – Here’s Why
Jefferies revised its price targets downward for four major mining companies: Rio Tinto (LON: RIO), BHP Group (LON: BHP), Glencore (LON: GLEN), and Antofagasta (LON: ANTO).
Melrose Industries Fundamentals ‘Remain Positive’
The fundamentals remain positive for the aerospace sector and Melrose Industries (LON: MRO), according to a recent note from research firm Edison. [stock_market_widget type="c
Wizz Air December Traffic Rises, Capacity Drops
European low-cost carrier Wizz Air (LON: WIZZ) reported a rise in passenger numbers for December 2024 despite a year-on-year drop in seat capacity. [stock_market_widget type="
Vodafone Group Completes €8bn Sale of Vodafone Italy
Vodafone Group (LON: VOD) said Thursday that it has finalised the €8 billion sale of Vodafone Italy to Swisscom AG. The cash deal values Vodafone Italy at a multiple of 7.6