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Revolut UK Trading Offering To Expand as License Secured

Revolut, one of Europe's leading fintech companies, has secured a significant milestone in its expansion efforts. The company has received approval from the British financial regulator for a UK trading license which enables R

revolut logo
Asktraders News Team
Shein Shares Listing Soon? Firm Targets £50 Billion London IPO

Global fashion giant Shein is planning a significant debut on the London Stock Exchange with a £50 billion initial public offering slated for Q1 2025. Amid a climate of ec

Shein UK
Asktraders News Team
Boohoo Shares Dip: Raises Approximately £39.3 Million

Online fashion retailer Boohoo Group (LON: BOO) revealed Monday that it has successfully raised approximately £39.3 million through a combination of a placing, subscription, and retail offer.

Boohoo store
Sam Boughedda
Halma Acquires Lamidey Noury Medical in £42m Deal

On Monday, Halma (LON: HLMA) announced the acquisition of Lamidey Noury Medical in a £42 million deal. Lamidey Noury, a French medical device company, specialises in advanc

Halma logo
Sam Boughedda
Rio Tinto Advances Decarbonisation with GravitHy, Shares Up Early

In a significant move to contribute to the decarbonization of steelmaking in Europe, global mining leader Rio Tinto has forged definitive agreements with GravitHy, an early-stage industrial company. This collaboration is desi

Rio Tinto facility
Asktraders News Team
AstraZeneca Q3: Company Has ‘Solid Momentum’

AstraZeneca's (LON: AZN) third-quarter report highlighted what analysts at Goldman Sachs are calling "solid momentum" in the pharmaceutical giant's financial and pipeline performance.

AstraZeneca
Sam Boughedda
Marks & Spencer: 5 Key Takeaways From Its Capital Markets Day

Marks & Spencer (LON: MKS) hosted its Capital Markets Day in London this week, outlining its plans for growth and efficiency. Following the event, Citi analysts shared five key takeaways:

marks and spencer
Sam Boughedda
FTSE 100 Index Bounces off 8,000 To Break Recent Losing Streak

The FTSE 100 index has exhibited a positive trend as it trades up 39 points, or +0.49% entering the closing hour. This comes after a couple of days of declines on th

market upward trajectory
Asktraders News Team
Unilever Explores Sale of Select Dutch Brands

Unilever (LON: ULVR), a global consumer goods powerhouse, is reportedly considering the sale of several of its Dutch food brands as part of a broader strategic overhaul led by its Chief Executive Officer Hein Schumacher. The

Unilever Nigeria Plc
Asktraders News Team
B&M ‘Well-Positioned’ for Golden Quarter, Shares Gain

Discount retailer B&M (LON: BME) reported strong interim results for the 26 weeks to 28 September 2024, resulting in its shares gaining, making it one of the top performers in the FTSE 100 on Thursday.

B&M Bargains
Sam Boughedda
Aviva Shares Rally on ‘Very Strong’ Q3 Performance

Aviva (LON: AV.) shares jumped at the open on Thursday after the British insurer reported a "very strong" third quarter with double-digit growth in key metrics. [stock_market_

Aviva logo
Sam Boughedda
FCA Widens Motor Finance Review, Posing New Risks for Lenders (CBG, LLOY)

The Financial Conduct Authority (FCA) has significantly expanded its review of the motor finance sector, a move that might expose lenders such as Close Brothers Group PLC and Lloyds Bank to a potential surge in compensation c

Asktraders News Team
Flutter Shares Continue Setting Highs After Stellar Q3 Results

Flutter Entertainment shares (LON: FLTR) have continued to attract the bulls, as the premier gaming and betting company, witnessed its stock price hit another all-time high after outperforming in the third quarter. Flutter sh

Flutter Entertainment Logo
Asktraders News Team
National Grid Target Upgraded as Shares Go Red YTD

National Grid shares (LON: NG), listed on the London Stock Exchange under the ticker NG have taken a dip this mornin

National Grid Shares
Asktraders News Team
GSK Downgraded as Shares ‘Continue to Languish’

GSK (LON: GSK) shares fell around 2% Tuesday on the back of a downgrade by one Wall Street investment bank, which noted that despite the positives, the stock "continues to languish."

GSK Office
Sam Boughedda
Smiths Group Raises Full-Year Revenue Guidance, Shares Surge

Shares of Smiths Group (LON: SMIN) surged Wednesday morning after the engineering group reported a strong first-quarter performance and raised its full-year revenue guidance.

market upward trajectory
Sam Boughedda
Shell Triumphs in Dutch Court Climate Appeal

Shell shares (LON: SHEL) have bounced 0.5% off the today's low, after a landmark decision, Royal Dutch Shell has won its appeal against a previous Dutch court ruling w

Shell Plc
Asktraders News Team
GSK Shares Make New 52-Week Low On Tough Morning For UK Markets

Shares of GSK (LON:GSK) hit a new 52-week low today, dipping to 1,352.86p, marking a disappointing last 6 months for the pharmaceutical giant, and holders of the stock. Since reaching 52 week highs in May,

GSK-Unveils-New-Logo
Asktraders News Team
AstraZeneca Increases 2024 Forecasts – Share Price Continues To Come Under Pressure

Pharmaceutical giant AstraZeneca has upwardly revised its sales and profit forecasts for the year 2024. This strategic move comes after the company surpassed market expectations with its robust third-quarter performance. In r

Asktraders News Team
Serco’s Share Price Target (LON: SRP) Trimmed

Serco Group shares (LON: SRP) have fallen 0.75% in early trading today, bringing the cumulative 5 session loss to 10.55%. Currently trading at 158.60, Deutsche Bank has announced that it has lowered its price target for Serco

Serco logo
Asktraders News Team
Vodafone Drops As Revenue Growth Pressured by FX Headwinds

Vodafone Group (LON: VOD) reported mixed results for the first half of FY25, sending its share price lower in early Tuesday trading. [stock_market_widget type="chart" template

Vodafone HQ logo
Sam Boughedda
BAE Systems Gains After Solid Year-to-Date Order Intake

On Tuesday, BAE Systems (LON: BA.) reported a robust year-to-date performance, with approximately £25 billion in orders secured thus far in 2024. [stock_market_widget type="ch

BAE systems plane
Sam Boughedda
UK Paper & Packaging Firms Gain Shifting Outlook (MNDI, SMDS)

Barclays has made notable adjustments to its outlook on companies within the paper and packaging sector. Notably, the firm has upgraded DS Smith (LON: SMDS) to an "equal weight" status while downgrading Mondi (LON: MNDI) due

DS Smith logo
Asktraders News Team
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