UK Stock News
Sainsbury’s Falls Despite 5% Jump in Food Sales
Major UK supermarket chain Sainsbury's (LON: SBRY) reported a decline in statutory post-tax profits for the first half of its financial year, despite strong sales growth. [st
Rolls-Royce Shares Slide as Supply Chain Challenges Remain
On Thursday, Rolls-Royce Holdings (LON: RR.) announced its trading update for the period ending October 31, 2024, sending its shares over 3% below the previous session’s close.Â
EasyJet Share Price Target (EZJ) Trimmed at JPMorgan, Firm Remains Bullish
EasyJet shares (LON: EZY) are moving green this morning, trading up 1.42% and continuing the bullish sentiment that has seen the stock price gain 10.90% over the past month. Despite the upward move, a price target adjustment
Persimmon Sees Signs of Build Cost Inflation In Negotiations For 2025
Leading UK homebuilder Persimmon (LON: PSN) reported positive trading momentum in the period since July 1, 2024, but noted some signs of build cost inflation. The company r
Marks & Spencer Shares Jump on Strong H1 Results
Marks & Spencer Group Plc (M&S) reported a strong performance in its first half results for the 26 weeks ended 28 September 2024, sending its shares higher in early Wednesday trading.
AstraZeneca Stock Falling, BMO Remains Bullish Despite China Concerns
Amid emerging details on the scope of an ongoing probe in China involving AstraZeneca PLC's senior executives, the biopharmaceutical company's stock has experienced a downturn.
Will UK Firms Face Tariffs in event of Former President Trump Victory?
As the political climate heats up in the United States, UK businesses are bracing for the potential financial repercussions of a Donald Trump presidential victory. Certain
Vodafone-Three UK Merger Awaits Final Go-Ahead, Shares Gain on Day
Vodafone shares (LON: VOD) have taken a small jump up today, gaining 1.58% as the merger between British telecommunication giants Vodafone and Three UK seems to be gett
ABF Stock Gains as Profits Jump
Associated British Foods (LON: ABF) shares rose at the start of Tuesday's session after the company reported a significant increase in profit for the year ended September 14, 2024.
Asos Shares Tumble Despite Forecasting 60% Profit Jump in 2025
Shares in online fashion retailer Asos (LON: ASC) fell by 7% Tuesday despite the company forecasting a significant increase in profitability for 2025. [stock_market_widget typ
NatWest Share Price Starts Week With Decade Long High
NatWest shares (LON: NWG) are coming off new heights, reaching a level not seen in 10 years up at 390.02. The NWG share price marks a significant turnaround for the bank, which had last these heights in the aftermath of the 2
RBC Capital Adjusts Outlook on 3i Group Shares (LON: III) After Strong Year
Analysts at RBC Capital Markets have revised their stance on 3i Group (LON: III), the international investment management company, signalling a shift in market sentiment. The firm's stock was downgraded from 'outperform' to '
Thames Water Secures £1.5 Billion Rescue Plan
In a significant financial development for Britain's largest water and wastewater company, Thames Water, a creditor group has put forth a £1.5 billion funding lifeline. As the company navigates its way through financial diffi
Burberry Shares (BRBY) Surge Amid Moncler Takeover Rumors
British luxury fashion retailer Burberry shares (LON: BRBY) soared today amid speculative whispers of a potential takeover bid by the French luxury brand Moncler. Burberry's share price is up 6.48% at 864.60 as the day comes
FTSE 100 Reclaims 8,200 as Index Led by Oil & Bank Shares
The London stock market has started the week in bullish fashion, with the benchmark FTSE 100 Index up by 0.6% to reach 8,225 points. Having briefly lost the 8,200 lev
Reckitt Benckiser Share Price (LON: RKT) Target Lowered After Recent Rally
Reckitt Benckiser share price (LON: RKT) trades mildly red to start the week, losing 0.36% as the battle to regain the 5,000 level continues. According to a price targe
Smith & Nephew Shares Continue Lower as Analysts React to Q3 Report
Smith & Nephew (LON: SN.) shares continued to edge lower Monday, currently down around 0.6% after plunging last week in reaction to its third-quarter trading report. Th
Anglo American Stock Rises After Agreeing Sale of Interest in Jellinbah
Anglo American (LON: AAL) saw its stock price rise more than 1% Monday after the announcement of an agreement to sell its 33.3% minority interest in Jellinbah Group Pty Ltd to Zashvin Pty Limited for A$1.6 billion (approximat
Reckitt Benckiser Clears Legal Hurdle, Share Price Jumps And Reclaims 5,100
Reckitt Benckiser Group's share price (LON: RKT) experienced a notable jump this morning, adding 8.88% and recapturing the 5,100 level following the company's vindication in a lawsuit concerning their baby formula products. T
European Airline Shares: Analysts Make Buy/Sell Calls (IAG, EZJ, WIZZ)
In a note to clients this week, analysts at Jefferies initiated coverage of European Airlines, including IAG, Wizz Air and EasyJet, offering contrasting views on the stocks.
Boohoo Appoints New CEO, It’s Not Mike Ashley
On Friday, Boohoo Group (LON: BOO) announced the appointment of Dan Finley as its new Chief Executive Officer, not bowing to pressure from Frasers Group to appoint Mike Ashley.
Will Lloyds Need To Trim £2bn Buyback After Court Ruling?
Lloyds Banking Group (LON:LLOY) may be forced to dramatically scale back its £2 billion share buyback program for the next year due to a recent adverse ruling from the
FTSE 100 Stumbles – Shell Makes Gains As Housebuilders Slump
The UK's benchmark FTSE 100 index, currently trades down 1%, as US markets opened to a red wave. The trend has been bearish over recent sessions, with today's drop ma
