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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
Restaurant Group (TRG) Share Price Rose 3.36% on Data Request

The Restaurant Group PLC (LON: RTN) share price rose 3.36% after clarifying media speculation that it had received a competing takeover offer from another company. TRG noted that it had received a request for due diligence in

Restaurant Group stores
Simon Mugo
Standard Chartered Share Price Plunged 17.6% on Q3 Profit Slump

The Standard Chartered PLC (LON: STAN) share price plunged 17.6% after its third-quarter earnings results were released. The result showed that the global bank lost almost $1 billion from its exposure to China’s real estate a

Standard Chartered branch
Simon Mugo
Lloyds Share Price Edged Higher on Nine-Month Financial Results

Lloyds Banking Group PLC (LON: LLOY) share price edged 1.64% higher after releasing its earnings report for the nine months ended 30 September 2023. The banking group Reported profit after tax of £4.3 billion (£1.4 billion in

Lloyds bank
Simon Mugo
Cloudbreak Discovery (CDL) Shares Plunged 17.5% on FY23 Results

The Cloudbreak Discovery PLC (LON: CDL) share price plunged after presenting its final results for the fiscal year concluded on 30 June 2023, also known as “FY23”. The company reported a loss of £3,997,899 for the year ending

Cloudbreak Discovery
Simon Mugo
Halma Share Price Traded Sideways Despite Bolt-On Acquisitions

The Halma plc (LON: HLMA) share price traded sideways despite announcing that it had recently completed two strategic bolt-on acquisitions with a combined maximum total consideration of approximately £46.5 million.

Halma Office
Simon Mugo
Cab Payments Share Price Plunged 72.7% on Q4 Profit Warning

The Cab Payments Holdings PLC (LON: CABP) share price plunged 72.7% in the past week after issuing a profit warning regarding its fourth-quarter revenues. The fintech company expects its Q4 revenues to fall 17% below previous

CAB Payments logo
Simon Mugo
A.G. Barr Share Price Edged Higher After Acquiring Rio Soft Drinks

The A.G. BARR PLC (LON: BAG) share price edged higher after announcing its latest strategic move – the acquisition of the iconic Rio soft drinks brand through the purchase of Rio Tropical Limited. This acquisition is part of

AG Barr drinks
Simon Mugo
Barclays (BARC) Shares Dropped 8.78% on Q3 Earnings Results

The Barclays PLC (LON: BARC) share price dropped 8.78% after releasing its Q3 results for the three months ended 30 September 2023. The group reported a return on tangible equity (RoTE) of 11.0% with a pre-tax profit of £1.9

Barclays branch
Simon Mugo
Bunzl Share Price Fell 6.64% Amid a Mixed Q3 Trading Update

The Bunzl plc (LON: BNZL) share price fell 6.64% after releasing its Q3 trading update for the period from 30 June 2023. Despite the strong performance Bunzl has consistently demonstrated in recent years and its continued res

Bunzl Worker and truck
Simon Mugo
SCS Group’s Share Price Soared 63% on a £99.4M Takeover Offer

The SCS Group PLC (LON: SCS) share price soared 63.3% after Poltronesofà S.p.A. agreed to acquire ScS for a total consideration of £99,387,946, valuing each ScS Group share at 280p. The company agreed to affect the transactio

ScS sofa
Simon Mugo
Keller Group Shares Gapped Up 15.1% on an Upbeat Trading Update

The Keller Group plc (LON: KLR) share price gapped up 15.14% after issuing a trading update for the period ended 30 September 2023. The company is recognised as the world's largest geotechnical specialist contractor.

Keller Group site
Simon Mugo
AstraZeneca Shares Edged 3.86% Higher, Later Fell – Here’s Why

The AstraZeneca plc (LON: AZN) share price edged 3.86% higher after receiving regulatory approval in the European Union for its groundbreaking drug, Enhertu (trastuzumab deruxtecan), to be used as a monotherapy for the treatm

AstraZeneca Office
Simon Mugo
Vistry Share Price Dropped 6.19% After Its Latest Trading Update

The Vistry Group PLC (LON: VTY) share price dropped 6.19% after releasing a trading update for the period from 1 July 2023 to the present date. The house-building company revealed that it expects to generate an adjusted profi

Simon Mugo
Rolls-Royce (RR) Shares Fell 3% on a £350M Potential Lawsuit

The Rolls-Royce Holdings PLC (LON: RR) share price fell 3% after a news story in the Sunday Telegraph indicated that the company could be facing a lawsuit from shareholders regarding the bribery and corruption scandal from 20

Rolls Royce engine
Simon Mugo
Procook Shares Plunged 15.9% on Q2 Results, Cautious FY Outlook

The Procook Group PLC (LON: PROC) share price plunged 15.9% after releasing its Q2 trading results for the 16 weeks ended 15 October 2023. The kitchenware company noted that its like-for-like sales fell 1.8% to £15.0, while i

ProCook store
Simon Mugo
Atlantic Lithium (ALL) Shares Rallied 15% on Ewoyaa Mining Lease

The Atlantic Lithium Ltd's (LON: ALL) share price rallied 14.64% after being granted the mining lease for its flagship Ewoyaa Lithium Project in Ghana. The mining lease granted by Ghana's Ministry of Lands and Natural Resourc

Atlantic Lithium site
Simon Mugo
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