UK Stock News
HSBC Holdings Share Price Plunged 7.97% on Mixed FY23 Results
The HSBC Holdings plc (LON: HSBA) share price plunged 7.97% after its Q4 and full-year 2023 financial results were released. The banking group focusing on Asia noted that its pre-tax profit rose 78% to $30.3 billion, fueled b
Glencore Share Price Dropped 6.22% on Downbeat FY ’23 Results
The Glencore PLC (LON: GLEN) share price dropped 6.22% after announcing its preliminary financial results for 2023. The company reported an Adjusted EBITDA of $17.1 billion, a 50% decrease from the previous year, mainly due t
BAE Systems’ Share Price Fell 2.5% Despite Upbeat 2023 Results
The BAE Systems plc (LON: BA) share price fell 2.49% after releasing its preliminary results for the year ended 31 December 2023. The defence contractor noted that it ended 2023 on a solid financial footing, having generated
Plus500 Share Price Fell 3.6% Despite Upbeat FY 2023 Earnings
The Plus500 Ltd (LON: PLUS) share price fell 3.6% after releasing its unaudited preliminary results for the year ended 31 December 2023. The company reported group revenue of $726.2 million, consisting of $674.3 million in tr
Antofagasta Share Price Edged Up 1.68% on Its FY 2023 Earnings
The Antofagasta plc (LON: ANTO) share price edged up 1.68% after releasing its full-year 2023 results. The company's annual revenue reached $6,325 million, an 8% increase from the previous year, thanks to higher sales and pri
Intercontinental Hotels (IHG) Shares Rose 2.9% on FY ’23 Results
The Intercontinental Hotels Group (LON: IHG) share price rose 2.90% after releasing the final results of its 2023 financial year, which ended on 31 December 2023. The company reported that year-over-year (YoY) global revenue
Barclays Share Price Rallied 6.5% on New Divisions, FY23 Results
The Barclays PLC (LON: BARC) share price rallied 6.48% after announcing its annual results for the year ended 31 December 2023. The British international banking group also announced a revamped organisational structure, inclu
UK House Prices Surged in February on Lower Mortgage Rates
According to recent industry figures, February witnessed a resurgence in house prices amid a backdrop of declining mortgage rates. The latest data from Rightmove's house price index reveals that the average price for new sell
AstraZeneca’s Share Price Rose 3.89% on FDA’s Double Approval
The AstraZeneca plc (LON: AZN) share price rose 3.89% after the US Food and Drug Administration (FDA) officially accepted the Biologics License Application (BLA) submitted by AstraZeneca and Daiichi Sankyo for the innovative
Moneysupermarket Share Price Fell 2.45% on FY23 Annual Report
The Moneysupermarket.Com Group PLC (LON: MONY) share price fell 2.45% after unveiling its annual report for the year concluding on December 31, 2023, showcasing significant strategic and financial achievements.
Currys’ Share Price Soared 38.1% on Potential Offer From JD.com
The Currys PLC (LON: CURY) share price soared 38.1% after JD.com, a Chinese online retail giant, announced its consideration of acquiring the UK electronics retailer. JD.com’s announcement comes after Currys rejected a £700 m
XP Power Share Price Plunged 40.6% on Its First Outlook for FY24
The XP Power Ltd (LON: XPP) share price plunged 40.6% after providing its first outlook for the current fiscal year ending on 31 December 2024. The company's Board anticipates a revenue shortfall for the upcoming year, positi
UK Retail Sales Surge Higher in January, Signalling Recession End
In January, UK retail sales experienced their most significant surge in nearly three years, signalling a robust rebound in consumer spending. This resurgence hints at the potential for a swift economic recovery from the reces
Segro Share Price Edged Up 3.68% on Its Upbeat FY 2023 Results
The SEGRO plc (LON: SGRO) share price edged up 3.68% after releasing its financial results for the year ended 31 December 2023. The prominent property company specialising in warehouses and industrial properties presented an
Natwest Group (NWG) Shares Rose 4.9% on Its Final FY23 Results
The Natwest Group PLC (LON: NWG) share price rose 4.89% after releasing its final results for the year ended 31 December 2023. The company reported a remarkable net profit of £4.4 billion for the year, with a return on tangib
Relx Share Price Spiked Up 3% but Later Fell on FY 2023 Results
The Relx PLC (LON: REL) share price spiked up 3% after announcing its results for the year to 31 December 2023. The company reported that its revenues reached £9,161 million, up from £8,553 million, marking an 8% organic grow
British Gas Owner Centrica Shares Rally 7.25% on FY ’23 Results
The British Gas owner Centrica PLC (LON: CNA) share price rallied 7.25% after announcing its interim results for the year ended 31 December 2023. The company reported that its adjusted operating profit (AOP) stood at £2.8 bil
Wizz Air, EasyJet, and Ryanair Shares Rally on Deutsche Upgrades
Stocks in prominent airlines Ryanair Holdings PLC, easyJet PLC, and Wizz Air Holdings PLC witnessed an uptick on Wednesday morning, buoyed by a series of optimistic revisions from Deutsche Bank, a leading financial institutio
Virgin Money’s Shares Rose 1.56% After Acquiring Abrdn’s Stake
The Virgin Money UK PLC (LON: VMUK) share price rose 1.56% after announcing that it had finalised a deal to acquire Abrdn's share in its investment service for £20 million, marking a significant step less than a year since th
Severn Trent Share Price Spiked 2% on Latest Operations Update
The Severn Trent Plc (LON: SVT) share price spiked 2% after releasing its operational update for its trading activities up to February 13, 2024, showcasing continued excellence in operational and environmental achievements.
Vistry Group Share Price Edged Up 2.9% on the Sigma Partnership
The Vistry Group PLC (LON: VTY) share price edged up 2.9% after announcing that its subsidiary Countryside Partnerships, recognised as a top developer of mixed-tenure homes in the UK, has established a new Framework Agreement
Dunelm’s Share Price Fell 2.37% on Its Mixed Half-Year Results
The Dunelm Group plc (LON: DNLM) share price fell 2.37% after disclosing its half-year results for the 26 weeks ended 30 December 2023. The premier homewares retailer in the UK revealed that it recorded a robust sales increas
United Utilities (UU) Share Price Rose 1.71% on Its Latest Update
The United Utilities Group PLC (LON: UU) share price rose 1.71% after releasing its latest trading update. The company has maintained a robust operational performance following its interim results announcement, with its finan