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Shell Faces Shareholder Split on Climate Plan

With holders of Shell stock (LON: SHEL) having seen growth of more than 21% over the past 12 months, you might expect complete alignment between the board and sh

Shell
Asktraders News Team
FTSE 100 Faces Downward Pressure After Extended Weekend

The FTSE 100 index, a benchmark for the UK's largest publicly traded companies, has slipped below the 8300 threshold, a leve

uk stock market person holding union jack
Asktraders News Team
Barclays Share Price (LON: BARC) Hits New 52-Week High

Barclays shares (LON:BARC) achieved a significant milestone during Tuesday's trading session by reaching a new 52-week high. The British multinational bank’s

Barclays
Asktraders News Team
Revolution Bars Rejects Nightcap Proposal, Says its ‘Incapable of Being Delivered’

Revolution Bars Group (LON: RBG) rejected a takeover proposal from competitor Nightcap on Tuesday, calling it "incapable of being delivered." 

Sam Boughedda
Pets at Home Earnings: Here’s What to Expect

Pets at Home (LON: PETS) is set to report its preliminary full-year 2024 results on Tuesday, May 29, and with the stock down over 14% this year, investors will be hoping for positive news to boost the share price.

Pets at Home store
Sam Boughedda
LON: ABDN – Abrdn CEO Steps Down, Share Price Follows

A significant leadership change at Abrdn was announced today, as the stock price (LON: ABDN) dips 0.96%, compounding losses seen over the past 12 months. Stephen Bird, the chief executive of the investment company, made the d

ABRDN-logo
Asktraders News Team
National Grid Stock (NG.L) Dives After Cap Cut Adds To Negative Rights Issue Sentiment

Shares of National Grid PLC (LON:NG) are trading down by 9.33% in early trading following a substantial cut to the energy price cap announced by Ofgem, the

National Grid
Asktraders News Team
Intertek Start to 2024 Boosted by Strong Recovery in Consumer Products

Intertek (LON: ITRK) reported a robust start to 2024, with an impressive 7% like-for-like (LFL) revenue growth from January to April. 

Fineco Minimum Deposit Guide
Sam Boughedda
Wood Group Rejects Third Acquisition Proposal from Sidara

Wood Group (LON: WG.) announced Friday that it had received a third unsolicited, preliminary and conditional proposal from Dar Al-Handasah Consultants Shair and Partners Holdings Ltd (Sidara) on Tuesday. 

Sam Boughedda
Scottish Mortgage Shares (LON:SMT) Up 2.7% Today, Close To 52 Week Highs

Scottish Mortgage (LON:SMT) saw its shares climb by 2.7% to 893p, approaching 52-week highs on the back of its robust full-year financial results. This uptrend reflects increased investor confidence in the FTSE 100-listed inv

Index Trading
Asktraders News Team
National Grid Share Price (LON:NG) Plunges As Massive UK Rights Issue Announced

National Grid share price (LON:NG) has dipped hard today, down more than 11% following the announcement of a new UK rights issue. The British utility's decision to launch the rights issue comes as part of an ambitious plan to

Asktraders News Team
LON:RIO – Investor Push for Rio Tinto London Exit

Rio Tinto, a leading global mining group, is facing pressure from activist investor Palliser Capital to abandon its primary listing on the London Stock Exchange (where it is listed under

Rio Tinto facility
Asktraders News Team
Wizz Air Shares Jump After Returning to Profit in 2024 – Demand ‘Remains Robust’

Wizz Air Holdings (LON: WIZZ) shares jumped more than 6% Thursday after announcing a return to profitability for the fiscal year ending March 31, 2024.

Wizz Air plane
Sam Boughedda
Hargreaves Lansdown Rejects Takeover Approach From Consortium Including CVC Advisers

London-listed broker Hargreaves Lansdown (LON: HL.) revealed Thursday that it has recently rejected two takeover approaches by a consortium. 

Hargreaves Lansdown review
Sam Boughedda
Aviva Reports Strong Growth in Q1

Aviva (LON: AV.) reported solid first-quarter results for 2024, showcasing robust growth across its diversified business model. 

Aviva Plc Office
Sam Boughedda
Royal Bank of Canada Reaffirms Compass Group’s (CPG) Share Price Target

Compass Group shares (LON:CPG) have been trading within a range over the past 12 months, with -0.17% over the period giving an indication of the firm being back where it started last year, but with the stock coming off 52 wee

Compass Group logo
Asktraders News Team
GSK’s Depemokimab Could Be Set to Transform Asthma Treatment

In a significant breakthrough for the treatment of eosinophilic asthma, GlaxoSmithKline's (GSK) experimental drug, Depemokimab, has achieved its primary goal in a late-stage trial by significantly reducing asthma attacks. Thi

GSK Office
Asktraders News Team
Superdry Readying Emergency Sale Process – Report

According to a report by Sky News on Tuesday, Superdry (LON: SDRY) is readying an emergency four-week sale process if creditors stop its founder's plans to put up to £10 million of his own money into the fashion chain in an a

Superdry store
Sam Boughedda
Marks & Spencer Profits Jump as Food Delivers Market-Leading Volume Growth

Marks & Spencer Group (LON: MKS) reported a substantial increase in profits for the fiscal year ending March 30, 2024, driven by significant growth in its food segment. 

marks and spencer
Sam Boughedda
AstraZeneca Shares (LON: AZN) Strong Into The Close On Lofty 2030 Revenue Goals

Shares of AstraZeneca (LON: AZN), the multinational pharmaceutical giant, saw a notable increase in the UK market during the Tuesday afternoon trading sessi

AstraZeneca
Asktraders News Team
UK Grocery Inflation Eases to 18-Month Low

There has been a recent deceleration in UK grocery price inflation, delivering a measure of reprieve to consumers. As of the latest figures, supermarket prices have risen by 2.4% compared to the same period last year. This ma

teso shopping trolley in aisle
Asktraders News Team
Wizz Air Earnings: Will Headwinds Weigh on Summer Bookings?

Low-cost airline Wizz Air (LON: WIZZ) is set to publish its full-year 2024 results on Thursday, May 23, and with the company having faced some headwinds, all eyes will be on summer bookings. 

Wizz Air plane
Sam Boughedda
Advanced Energy Makes £571m Cash Offer to Acquire XP Power

Advanced Energy Industries (NASDAQ: AEIS), a precision power conversion, measurement, and control solutions company, announced a potential all-cash offer to acquire XP Power Limited (LON: XPP) for £571 million on Tuesday. 

leverage in stock market
Sam Boughedda
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