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Shell Eyes $1 Billion Sale Of Malaysia Stations To Saudi Aramco

Royal Dutch Shell (LON: SHEL), the global oil giant, is currently in discussions with Saudi oil major Aramco to sell its gas station operations in Malaysia. Whil

Shell
Asktraders News Team
BP Profits Shrink Amid Refinery Woes – Markets Unmoved

Energy giant BP reported a steep 40% drop in first-quarter earnings, which came in at $2.7 billion. This underperforming figure fell short of analyst expectations and marked a significant downturn from the company's financial

BP
Asktraders News Team
The FTSE 100 Jumps – Here’s What to Watch This Week

The FTSE 100 has started today's session and this shortened trading week on the front foot, climbing 1% to 8,293.35 in early Tuesday trading on May 7, 2024, following Friday’s 0.51% rise, which saw London’s blue-chip index cl

Stock Exchange
Sam Boughedda
IAG Q1 Earnings – What to Expect

International Consolidated Airlines Group (LON: IAG) is set to report its first-quarter earnings this week on Friday, May 10. The release will be closely watched and, if positively received, may provide IAG shares with the pl

British Airways IAG
Sam Boughedda
UK Markets – Looking Ahead To The Four-Day Week

With the Early May public holiday giving us a little extra time away from the office to enjoy spring, markets gear up for a condensed four-day week with a flurry of updates from UK listed names. Despite the shorter trading pe

eg group shares
Asktraders News Team
Haleon: Analyst Bullish as Underlying Performance ‘Looks Strong’

According to Barclays analysts, Haleon's (LON: HLN) underlying performance looks strong. The bank reacted to the Advil and Sensodyne maker's first-quarter trading statement, released Wednesday. 

Haleon stock
Sam Boughedda
Trainline Ticket Sales Jump as New Carrier Competition ‘Revolutionising Rail in Europe’ 

Rail ticket platform Trainline (LON: TRN) reported its results for the 12 months ended February 29, on Friday, showcasing a significant surge in ticket sales, driven by new entrant carrier competition and robust growth in the

Trainline logo office
Sam Boughedda
St James’s Place Shares Are Down 37% This Year – Here’s Why

St James's Place (LON: STJ), the wealth management firm, has seen its share price tumble 37.36% so far in 2024. As of May 2, shares are trading at just 432.4p, a notable drop from the year's highs. But what's behind this decl

Sam Boughedda
Revolution Bars Confirms Talks With Rival Nightcap

Revolution Bars Group (LON: RBG) officially responded to recent speculation regarding talks with Nightcap plc on Thursday, confirming an "exploratory meeting" between the two parties.

Sam Boughedda
Here’s Why Kingfisher and Ocado are 2 of the Most Shorted London-Listed Stocks

Despite the recent performance of the FTSE 100, which has hit new highs in recent days, two companies in the blue-chip index have come under some selling pressure. Kingfisher (LON: KGF) and Ocado (LON: OCDO) are two of the mo

Sam Boughedda
GSK Makes Strong Start to 2024, Q1 Sales Rise 10%

Pharmaceutical giant GSK (LON: GSK) said it has kicked off 2024 on a high note, reporting a robust 10% increase in total sales for the first quarter, with an even more impressive 13% rise excluding COVID-related products. 

GSK Office
Sam Boughedda
JD Sports: Hibbett Deal Raises Execution Risk Concerns

JD Sports (LON: JD.) shares dipped almost 3% Monday after analysts at Barclays and Deutsche Bank released notes covering the stock, relaying their concerns regarding the recently announced deal to acquire Hibbett. 

Sam Boughedda
Hargreaves Lansdown Revenues Rise as Momentum Continues into April

Hargreaves Lansdown (LON: HL.) reported a robust performance for the three months ending March 31, 2024, with revenue reaching £199.7 million, marking a 6% increase compared to the same period last year.

Hargreaves Lansdown review
Sam Boughedda
FTSE 250 Outperforms the 100 on a Solid Day for UK Markets, Fed Incoming

London's stock markets ended trading on Monday in the green, with the FTSE 250 outperforming the 100. This positive move comes as market players await remarks from the US Federal Reserve, which is commencing its policy meetin

Asktraders News Team
Eagle Eye Solutions Shares Take Flight on New Tesco Personalised Promotions Contract

Shares in digital marketing specialist Eagle Eye Solutions Group PLC (LON:EYE) surged by 3.14% up 14.75 points this afternoon following the announcement of a new contract with grocery giant

Tesco clubcard
Asktraders News Team
The FTSE 100 Continues to Climb – What to Watch This Week

The FTSE 100 showed a promising start to the week, climbing to 8,171.65 in early Monday trading on April 29, 2024, rising 0.39%, following Friday’s 0.75% rise, which saw London’s blue-chip index closed up 60.97 points at 8139

Big Ben, London the UK
Sam Boughedda
Insurance Firm Beazley Reports In Line Q1 Growth

Insurance provider Beazley (LON: BEZ) reported its first quarter trading statement Monday morning, showcasing steady growth in line with guidance.

stock market chart data screen on technology
Sam Boughedda
Here’s Why CMC Markets Shares Are Up 150% This Year

CMC Markets (LON: CMCX), the online trading platform, has witnessed a staggering 150% surge in its share price so far in 2024. This impressive rise has prompted many to seek answers to the underlying factors driving this subs

CMC Markets office
Sam Boughedda
BHP Takeover Proposal Rejected by Anglo American

Anglo American (LON: AAL) said Friday that it has rejected a takeover proposal put forward by BHP Group (NYSE: BHP). 

Anglo American
Sam Boughedda
AstraZeneca Shares Soar After Impressive First-Quarter Earnings Outperform Expectations

In a striking development for the pharmaceutical sector (NASDAQ:AZN), AstraZeneca's share price soared to $75.13, a 5.49% rise prov

AstraZeneca Office
Asktraders News Team
Sainsbury’s Food Business ‘Firing on All Cylinders’

Sainsbury (LON: SBRY) shares dipped over 1% in early Thursday trading after the supermarket giant reported its final results for the 52 weeks ended March 2, 2024, which saw revenue rise year-on-year.

Sam Boughedda
Anglo American Receives Takeover Proposal from BHP

Anglo American (LON: AAL) disclosed Thursday that it has received an unexpected takeover proposal from BHP Group Limited (NYSE: BHP). The proposal, described as unsolicited, non-binding, and highly conditional, has prompted c

Ferrexpo mining machines
Sam Boughedda
Anglo American (AAL.L) Has Another Green Day In Markets – Analysts Like It

In a display of resilience amidst market uncertainty, Anglo American (LON:AAL) has witnessed a notable uptick in its stock price, boasting a very strong 13.11% rise in the last month, gaining 253p. Today was another green day

Anglo-American Platinum
Asktraders News Team