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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

GSK Office
Sam Boughedda
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

Asktraders News Team
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

Reckitt Benckiser Group Shares
Asktraders News Team
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

Centrica building
Sam Boughedda
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. 

Sam Boughedda
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

Relx logo
Asktraders News Team
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

uk stock market person holding union jack
Asktraders News Team
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

marks and spencer
Sam Boughedda
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.

Greggs store
Sam Boughedda
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

Asktraders News Team
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

shell liquid natural gas station
Asktraders News Team
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

Raspberry Pi
Sam Boughedda
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

Topps Tiles store
Sam Boughedda
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

Diageo drinks
Asktraders News Team
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

Sam Boughedda
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

Next store
Sam Boughedda
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

Rolls Royce Shares
Asktraders News Team
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

Experian Office1
Asktraders News Team
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-

Trufin logo
Sam Boughedda
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).

Sam Boughedda
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

Sam Boughedda
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="

Wizz Air plane
Sam Boughedda
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

Vodafone HQ logo
Sam Boughedda
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