UK Stock News
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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 (
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
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).Â
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
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
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
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
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
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