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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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 (
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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
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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
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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
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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
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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
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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
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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
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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
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