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EasyJet Shares Rose on Record H2 Profits, Positive 2024 Outlook

The easyJet plc (LON: EZJ) share price rose 4.38% at 8:43 GMT after releasing its final results for the twelve months ended 30 September 2023. The company reported a remarkable financial performance in the second half of 2023

Easyjet plane
Simon Mugo
Rolls Royce Shares Rallied Higher on Strategy Update and Targets

The Rolls-Royce Holdings PLC (LON: RR) share price rallied 4.90% at 8:10 GMT after issuing an update about its mid-term targets and strategies ahead of its capital markets day. The company aims for an operating profit ranging

Rolls Royce logo
Simon Mugo
Molten Ventures Share Price Fell on Merger With Forward Partners

The Molten Ventures PLC (LON: GROW) share price fell 4.12% after announcing that its board had reached an agreement with the board of Forward Partners Group Plc to merge the two companies via an all-share transaction whereby

Molten Ventures logo
Simon Mugo
Rightmove PLC Share Price Gapped Up 7.14% on Trading Update

The Rightmove Plc (LON: RMV) share price gapped up 7.14% after releasing its latest trading update ahead of its investor day scheduled for later today. Since the release of its interim results in July, Rightmove has continued

Rightmove logo
Simon Mugo
GSK Shares Traded Sideways Despite the Positive DREAM-7 Results

The GSK plc (LON: GSK) share price traded sideways despite announcing positive headline results from its DREAMM-7 head-to-head phase III clinical trial, underscoring the potential breakthrough in treating relapsed or refracto

GSK Office
Simon Mugo
Aviva Shares Fell, Then Recovered, on the Canadian Acquisition

The Aviva plc (LON: AV) share price fell 2.46%, then quickly recovered its losses after announcing that it had acquired Optiom O2 Holdings Inc from Novacap and other minority shareholders for consideration of c.£100 million (

Aviva logo
Simon Mugo
JTC Share Price Edged 1.5% Higher on the Blackheath Acquisition

The JTC PLC (LON: JTC) share price edged 1.47% higher after revealing its intention to acquire Blackheath Capital Management LLP, a boutique asset management business based in the United Kingdom. The strategic move is expecte

JTC plc logo
Simon Mugo
Barclays Share Price Edged Higher on Plans To Slash 2,000 Jobs

The Barclays PLC (LON: BARC) share price edged 0.83% higher after news broke that the British multinational bank was actively working on strategies to achieve substantial cost savings of up to £1 billion ($1.25 billion). 

Barclays branch
Simon Mugo
Baron Oil (BOIL) Share Price Rallied Higher on Market Sentiment

Baron Oil PLC (LON: BOIL) has experienced a substantial surge in its share price, climbing by an impressive 10% as of 8:28 GMT. This surge is an extension of the previous day's remarkable rally, which saw the company's share

Baron Oil North Sea site
Simon Mugo
Here’s Why Legal & General (LGEN) Share Price Traded Sideways

The Legal & General Group Plc (LON: LGEN) share price traded sideways after announcing that it had completed the full buy-in for the Boots pension scheme. The transaction was worth £4.8 billion and marks a pivotal milesto

Legal & General logo.
Simon Mugo
PZ Cussons’ Share Price Rose on Its H1 AGM Trading Statement

The PZ Cussons plc (LON: PZC) share price rose 3.17% after issuing its AGM trading ahead of its Annual General Meeting scheduled for today. The company noted that its trading performance remained consistent with the outlook p

PZ Cussons logo
Simon Mugo
Jet2 Share Price Dropped Despite Upbeat H1 Fiscal 2023 Results

The Jet2 PLC (LON: JET2) share price dropped 6.91% at 10:47 GMT after announcing its unaudited interim results for the half year ended 30 September 2023. The leisure travel group reported that its operating profit surged by a

Jet2 planes
Simon Mugo
FirstGroup Share Price Fell 4.5% on Its Fiscal 2024 H1 Results

The FirstGroup plc (LON: FGP) share price fell 4.5% at 9:55 GMT after the company released its H1 fiscal 2024 financial results. The transport company reported that profit growth has been a prominent feature in the company's

Firstgroup rail
Simon Mugo
Weir Group Share Price Edged Higher on SentianAI’s Acquisition

The Weir Group PLC (LON: WEIR) share price edged 1.75% higher at 9:17 GMT after strategically acquiring SentianAI, an innovative Swedish-based company specialising in AI solutions for optimising performance in mineral process

Weir Group location
Simon Mugo
Johnson Matthey (JMAT) Share Price Rallied 5.74% on H1 Results

The Johnson Matthey PLC (LON: JMAT) share price rallied  5.74% at 11:30 GMT after releasing its half-year results for the six months ended 30 September 2023. The company reported a significant growth in underlying profit when

Johnson Matthey logo
Simon Mugo
Britvic Share Price Posted Gains and Losses on Its Final FY Results

The Britvic Plc (LON: BVIC) share price alternated between gains and losses after releasing its final results for the year ended 30 September 2023. The company reported that its total revenue experienced robust growth, increa

Britvic brands
Simon Mugo
Sage Group Share Price Surged 11.1% on Full-Year 2023 Results

The Sage Group PLC (LON: SGE) share price surged 11.1% at 9:41 GMT after releasing its financial results for the full year ended 30 September 2023. The company reported that its underlying recurring revenue witnessed a 12% in

Sage Group office
Simon Mugo
Kingfisher Share Price Plunged 7.1% Lower on Q3 Trading Update

The Kingfisher plc (LON: KGF) share price plunged 7.11% at 8:56 GMT after the company released its financial results for Q3 of its 2024 financial year. The retailer noted that it had generated sales worth £3.2 billion, with t

Kingfisher logo
Simon Mugo
IAG Share Price Was Down 2.65% on Hosting a Capital Markets Day

The International Consolidated Airlines Grp SA (LON: IAG) share price fell 2.65% after the airline group announced it was hosting a capital markets day today. The company invited institutional investors and analysts to its he

IAG British Airways plane
Simon Mugo
Capita Share Price Rallied 12.9% on Move To Fire 900 Employees

The Capita PLC (LON: CPI) share price rallied  12.9% after the business process outsourcing and professional services company revealed that it had started taking measures to actualise its goal of reducing its annual operating

Capita Office Cheltenham
Simon Mugo
AO World Share Price Dropped Despite Upbeat H1 Results, Later Recovered

The AO World PLC (LON: AO) share price dropped  5.51% after releasing its unaudited financial results for the six months ended 30 September 2023. The company noted that it had continued delivering profit and cash generat

AO world truck
Simon Mugo
Wizz Air Share Price Fell 1.07% As the Airline Industry Struggles

The Wizz Air Holdings PLC (LON: WIZZ) share price fell 1.07% after announcing that it had applied to the London Stock Exchange and the Financial Conduct Authority (FCA) to list 3,500 ordinary shares as part of the Company's E

Wizz Air plane
Simon Mugo
Cerillion Share Price Rose 1.9% on Upbeat Full-Year Fiscal Results

The Cerillion PLC (LON: CER) share price rose 1.91% after releasing its final results for the year ended 30 September 2023. The company recorded a 20% increase in its annual revenues, which rose to £39.2 million compared to l

Cerillion logo
Simon Mugo