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Mitchells & Butlers’ Share Price Plunged 9.6% on FY 2023 Results

The Mitchells & Butlers plc (LON: MAB) share price plunged 9.55% as of 10:55 GMT after releasing its full-year results for the 53 weeks ended 30 September 2023. The company achieved a notable like-for-like sales growth of

Simon Mugo
Dr Martens Share Price Crashed 27% on Falling Half-Year Profits

The Dr Martens PLC (LON: DOCS) share price crashed 26.99% as of 9:47 GMT after releasing its first-half earnings results for the six months to 30 December 2023. The company’s revenues experienced a 5% decline (3% in constant

Dr Martens boots
Simon Mugo
Metro Bank Shares Rallied 6.98% on Plans To Fire 20% of Its Staff

The Metro Bank Holdings PLC (LON: MTRO) share price rallied 6.98% as of 8:46 GMT after unveiling plans to cut 20% of its workforce to save up to £50 million in annual operating costs. The bank is also reviewing its policy of

Metro Bank
Simon Mugo
Spirent Communications (SPT) Shares Rose 5.72% on $15M Deal

The Spirent Communications Plc (LON: SPT) share price rose 5.72% after announcing the signing of an agreement with a prominent Financial Services organisation. The transaction is valued at $15 million, with an initial payment

Simon Mugo
Pennon Group Share Price Fell on Declining H1 FY’24 Profitability

The Pennon Group plc (LON: PNN) share price fell 4.12% at 11:05 GMT after releasing its H1 fiscal 2023/24 earnings results and operational update. The company revealed that its statutory revenues grew 5.4% to £448.6 million f

Pennon logo
Simon Mugo
Halfords Share Price Crashed 22.2% on Restated H1 2023 Results

The Halfords Group plc (LON: HFD) share price crashed 22.2% as of 10:00 GMT after releasing the interim results for the first half of its financial year and restating some of the figures from last year. Investors reacted nega

Halfords store
Simon Mugo
Harbour Energy’s Share Price Rallied 5.15% on a 9-Month Update

The Harbour Energy PLC (LON: HBR) share price had rallied  5.15% as of 8:49 GMT after issuing its unaudited Trading and Operations Update for the nine months to 30 September 2023. The company reported producing an average of

Harbour Energy
Simon Mugo
Softcat Share Price Rose Slightly on Upbeat Q1 FY 2024 Report

Softcat PLC (LON: SCT), a leading UK provider of IT infrastructure technology and services, has released its trading update for the first quarter ending on October 31, 2023, demonstrating strong performance and robust growth

softcat
Simon Mugo
Pets at Home Shares Edged Higher on FY 2024 Interim Results

The Pets at Home Group PLC (LON: PETS) share edged 2.62% higher after releasing its FY 2024 interim results, including those from 28 weeks to October 12, 2023. The first half of the fiscal year marked a crucial phase in the c

Pets at Home storefront
Simon Mugo
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
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