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Haleon Share Price Fell 4.54% As Q3 Sales Rose, but Profits Fell

The HALEON PLC (LON: HLN) share price fell 4.54% after releasing its Q3 trading update for the three months ended 30 September 2023. The company reported a significant 5% organic revenue growth, underlining the strength and d

Haleon office
Simon Mugo
Sainsbury’s Shares Surged 5.91% Despite Weak H1 2023/24 Profits

The J Sainsbury plc (LON: SBRY) share price surged 5.91% after releasing its interim results for the 28 weeks ended 16 September 2023. The British supermarket chain generated revenues worth £16,983 million, marking a 3% impro

Sainsbury's store
Simon Mugo
BT Group Share Price Rallied 7.61% on Upbeat H1 FY’24 Profits

The BT Group - CLASS A Common Stock (LON: BT.A) share price rallied 7.61% after releasing its half-year results for the six months ended 30 September 2023. The company reported revenues worth £10.4 billion, aligning with the

BT Group logo
Simon Mugo
Weir Group Share Price Fell 2.9% on Q3 Results, Then Recovered

The Weir Group PLC (LON: WEIR) share price fell 2.88% after releasing its Q3 financial results, whereas in the Minerals segment, Q3 orders saw a 1% increase. The growth is driven by volume expansion in the mining sector and f

Weir Group location
Simon Mugo
DX Group’s Share Price Rose on the Possibility of a Takeover Offer

The DX (Group) PLC (LON: DX) share price edged higher on news that H.I.G. European Capital Partners LLP had received new letters of intent from DX Group shareholders who intend to support its possible offer for DX Group after

DX Group delivery
Simon Mugo
GSK Share Price Surged, Then Fell 1.4% on Q3 Earnings Results

The GSK plc (LON: GSK) share price spiked higher, then fell 1.4% after releasing its Q3 earnings results. The multinational pharmaceutical company reported that its Q3 sales surged by 10%, and when excluding the impact of COV

GSK-Unveils-New-Logo
Simon Mugo
NEXT Plc Share Price Rose 3.81% After Hiking FY Guidance Again

The NEXT plc (LON: NXT) share price rose 3.81% after announcing its Q3 2023 results, where it noted a 4% increase in its full-price sales for the quarter, marking a £23 million increase from its previous guidance, which expec

Next store
Simon Mugo
Aston Martin (AML) Share Price Crashed 16.5% on High Q3 Losses

The Aston Martin Lagonda Global Holdings PLC (LON: AML) share price crashed 16.53% after releasing its Q3 2023 financial results for the three months to 30 September 2023. The company generated revenues worth £362.1 million a

Aston Martin V12 Vantage
Simon Mugo
ASOS Share Price Plunged 9.24% on FY23 Loss, Weak Forecasts

The ASOS plc (LON: ASC) share price plunged 8.74% after releasing its final results for the full year ended on 3 September 2023. The company reported an 11% decline in revenues on a constant currency basis to £3.5 billion, do

Asos store
Simon Mugo
IG Group Shares Edged 3.72% Higher on Business Streamlining News

The IG Group Holdings plc (LON: IGG) share price edged 3.72% higher after announcing that it had started implementing measures to streamline its business and position it as a lean fintech company that can deliver world-class

IG Group trading floor
Simon Mugo
The BP Share Price Dropped 5.3% on Q3 Earnings Miss Led by Gas

The BP plc (LON: BP) share price dropped 5.26% after releasing its third-quarter earnings results, which missed analysts' expectations. The energy giant’s $3.3 billion Q3 earnings missed analysts' estimates, triggering the de

BP service station
Simon Mugo
Vodafone Share Price Fell 1.73% on the €5bn Sale of Vodafone Spain

The Vodafone Group plc (LON: VOD) share price fell 1.73% after announcing that it had signed a binding agreement with Zegona Communications plc to sell 100% of Vodafone Spain. The company attributed the sale to the unit's poo

vodafone
Simon Mugo
Rolls Royce Shares Rose 4.76% on the Barclays Rating Upgrade

The Rolls-Royce Holdings PLC (LON: RR) share price rose 4.76% after Barclays Bank upgraded its rating of the company from equal weight to overweight following a recent dip in the stock price.

Rolls Royce engine
Simon Mugo
Glencore Shares Rose 1.41% Despite Mixed Q3 Production Report

The Glencore PLC (LON: GLEN) share price rose 1.41% after releasing its Q3 2023 production report, where it slashed its Nickel production target for the year significantly. The global mining company also reported declining co

Glencore mining site
Simon Mugo
Premier Foods’ Share Price Spiked 4.8% on the FUEL10K Takeover

The Premier Foods Plc (LON: PFD) share price spiked 4.78% after announcing that it had acquired FUEL10K, a dynamic breakfast brand known for its impressive range of granola, oats, and drinks products. This strategic move sign

Premier Foods basket
Simon Mugo
Computacenter Shares Edged 2.72% Higher on Q3 Trading Update

The Computacenter plc (LON: CCC) share price edged 2.72% higher after presenting a trading update for the third quarter ending on September 30, 2023. The update is based on unaudited financial information and provides insight

Computacenter office
Simon Mugo
Frasers’ Share Price Rose 1.77% on Divestment of Missguided IP

The Frasers Group PLC (LON: FRAS) share price rose 1.77% after the British retail, sport and intellectual property group announced that it had divested the IP of Missguided to SHEIN. This is a strategic move to optimise the c

Frasers outlet
Simon Mugo
Trainline Share Price Surged 7.43% on JPMorgan Rating Upgrade

The Trainline PLC (LON: TRN) share price surged 7.43% after the well-known railway ticket booking platform received a significant upgrade in its rating from JPMorgan. The investment bank raised its outlook on Trainline from "

trainline-logo-uk
Simon Mugo
Greencoat UK Wind (UKW) Shares Edged Higher on Dividend Hike

The Greencoat UK Wind PLC (LON: UKW) share price edged higher after it announced a series of strategic moves to enhance shareholder value. These measures include increasing its annual dividend target to 10p and launching a sh

Greencoat UK Wind offshore wind turbines
Simon Mugo
Natwest Group (NWG) Shares Plunged 18% on Q3 Earnings Miss

The Natwest Group PLC (LON: NWG) share price plunged 17.9% after releasing its interim Q3 earnings results, where the attributable profit reached £866 million, accompanied by a return on tangible equity (RoTE) of 14.7%.

Natwest branch
Simon Mugo
IAG Share Price Spiked Higher, Then Fell 4.01% on Q3 Earnings

The International Consolidated Airlines Grp SA (LON: IAG) share price fell 4.01% after releasing its Q3 earnings results, which indicated that the airline group had recorded Impressive growth in operating profit before except

IAG British Airways plane
Simon Mugo
WPP Share Price Fell 5.04% on Mixed Q3 Performance Results

The WPP PLC (LON: WPP) share price fell 5.04% after the multinational communications, advertising, public relations, technology, and commerce holding company released its Q3 trading results. The company noted that its revenue

WPP Office
Simon Mugo
Unilever’s Share Price Fell 3.51% After Its Q3 Turnover Fell to €15.2bn

The Unilever plc (LON: ULVR) share price fell 3.51% after releasing its third-quarter earnings results, which indicated that the company achieved a robust underlying sales growth of 5.2% to hit a €15.2 billion turnover. The g

Unilever Nigeria Plc
Simon Mugo