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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
Cineworld Negotiates Closure of UK Cinemas

Cineworld, the second-largest cinema chain globally, has initiated discussions with some of Britain's major commercial landlords over plans to potentially close up to a quarter of its cinema locations across the UK. This dras

Cineworld cinema
Asktraders News Team
Glencore Shares: Analyst Sees ‘Significant Inflection in Shareholder Returns’

Glencore (LON: GLEN) shares were upgraded by analysts at Barclays in a note this week, citing a potential inflection point in shareholder returns.

glencore plc glen mining
Sam Boughedda
Euro 2024 Fuels UK Supermarket Surge – TSCO, SBRY Market Share Grows

In an impressive show of resilience, UK supermarkets have experienced a resurgence in sales over the past month, marked by a 2.2% increase in the four weeks leading up to July 7th. This growth phase coincides with the much-an

teso shopping trolley in aisle
Asktraders News Team
Phoenix Group Share Price (LON: PHNX) Goes Green YTD | Is Sentiment Shifting In Big Dividend Payer?

Investors looking for dividends might want to pay attention to Phoenix Group (LON: PHNX), a notable performer in the FTSE 100 in

Asktraders News Team
B&M Shares (LON: BME) Up Strongly As Q1 Revenue Rises

B&M European Value Retail (LON: BME) reported a solid start to its financial year on Tuesday, with group revenues increasing by 2.4% in the first quarter to £1.345 billion. The BME share price has been steadily climbing t

B&M European Value Retail store
Sam Boughedda
Ocado Revenue Rises But Analyst Says Company Needs to ‘Seriously Consider Its Options’

Ocado Group (LON: OCDO) reported "strong financial progress," with revenue increasing 12.6% to £1.5 billion in the first half of the year (for the 26 weeks ended 2 June 2024).

Ocado delivery
Sam Boughedda
Lloyds Bank Shares (LON: LLOY) Continue To Outperform

Shares of Lloyds Banking Group (LON: LLOY) have demonstrated significant growth in the past year, with a 22.3% increase year to date and an impressive 31.1% ris

Lloyds Bank LON:LLOY
Asktraders News Team
BATS Earnings Preview (LON: BATS) – Are Revenue and Profit Both Set To Dip?

With the British American Tobacco share price (LON: BATS) battling to return into positive territory over the past 12 months (-1.57%), the 6.5% gains through 2024 have certainly given holders something to cling to. The next c

British American Tobacco office
Asktraders News Team
Prudential’s Share Price (LON: PRU) Shed 16% YTD, Near 12-Year Low As Profits Climb

Investors hunting for undervalued stocks in the FTSE 100 might find Prudential PLC shares (LON: PRU) an interesting case, trading down at 716.4. This marks their weakest performance since 2012, highlighting a significant pote

Prudential
Asktraders News Team
UK Trims NatWest Shares (LON: NWG) | Stake Now Below 20% As Price Trades Near 5 Year Highs

In a significant move to further reduce its involvement with the banking sector since the 2008 financial crisis, the UK government, through UK Government Investments Ltd (UKGI), has sold a substantial block of shares in NatWe

Natwest branch
Asktraders News Team
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