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Anglo American Share Price Rose 5.44% Amid Lower FY ’23 Profits

The Anglo American plc (LON: AAL) share price rose 5.44% after announcing its annual results for 2023. The mining conglomerate announced a significant reduction in its annual dividend, cutting it by 50% following a sharp decl

Simon Mugo
Hargreaves Lansdown (HL) Shares Dropped 8.6% on H1 ’24 Results

The Hargreaves Lansdown PLC (LON: HL) share price dropped 8.57% on its financial results for the six months ended 31 December 2023. The company reported that its Assets Under Administration (AUA) experienced a commendable inc

Simon Mugo
Lloyds Bank Share Price Fell 2.02% Despite a Jump in FY23 Profits

The Lloyds Banking Group PLC (LON: LLOY) share price fell 2.02% after its full-year 2023 earnings results were released. The company recorded a statutory profit after tax of £5.5 billion, with £1.2 billion generated in the la

Simon Mugo
Rolls-Royce Share Price Rallied 8.65% on Upbeat FY 2023 Results

The Rolls-Royce Holdings PLC (LON: RR) share price rallied 8.65% after its full-year 2023 results were released. The company reported an underlying operating profit of £1.6 billion and an underlying margin of 10.3%, showcasin

Simon Mugo
Rio Tinto’s Share Price Fell 2.22% on Its Mixed FY 2023 Results

The Rio Tinto plc (LON: RIO) share price fell 2.22% after releasing its financial results for 2023. The global mining conglomerate noted that it achieved a 3% increase in production due to strategic investments in enhancing i

Simon Mugo
HSBC Holdings Share Price Plunged 7.97% on Mixed FY23 Results

The HSBC Holdings plc (LON: HSBA) share price plunged 7.97% after its Q4 and full-year 2023 financial results were released. The banking group focusing on Asia noted that its pre-tax profit rose 78% to $30.3 billion, fueled b

Simon Mugo
Glencore Share Price Dropped 6.22% on Downbeat FY ’23 Results

The Glencore PLC (LON: GLEN) share price dropped 6.22% after announcing its preliminary financial results for 2023. The company reported an Adjusted EBITDA of $17.1 billion, a 50% decrease from the previous year, mainly due t

Simon Mugo
BAE Systems’ Share Price Fell 2.5% Despite Upbeat 2023 Results

The BAE Systems plc (LON: BA) share price fell 2.49% after releasing its preliminary results for the year ended 31 December 2023. The defence contractor noted that it ended 2023 on a solid financial footing, having generated

Simon Mugo
Plus500 Share Price Fell 3.6% Despite Upbeat FY 2023 Earnings

The Plus500 Ltd (LON: PLUS) share price fell 3.6% after releasing its unaudited preliminary results for the year ended 31 December 2023. The company reported group revenue of $726.2 million, consisting of $674.3 million in tr

Simon Mugo
Antofagasta Share Price Edged Up 1.68% on Its FY 2023 Earnings

The Antofagasta plc (LON: ANTO) share price edged up 1.68% after releasing its full-year 2023 results. The company's annual revenue reached $6,325 million, an 8% increase from the previous year, thanks to higher sales and pri

Simon Mugo
Intercontinental Hotels (IHG) Shares Rose 2.9% on FY ’23 Results

The Intercontinental Hotels Group (LON: IHG) share price rose 2.90% after releasing the final results of its 2023 financial year, which ended on 31 December 2023. The company reported that year-over-year (YoY) global revenue

Simon Mugo
Barclays Share Price Rallied 6.5% on New Divisions, FY23 Results

The Barclays PLC (LON: BARC) share price rallied 6.48% after announcing its annual results for the year ended 31 December 2023. The British international banking group also announced a revamped organisational structure, inclu

Simon Mugo
UK House Prices Surged in February on Lower Mortgage Rates

According to recent industry figures, February witnessed a resurgence in house prices amid a backdrop of declining mortgage rates. The latest data from Rightmove's house price index reveals that the average price for new sell

Simon Mugo
AstraZeneca’s Share Price Rose 3.89% on FDA’s Double Approval

The AstraZeneca plc (LON: AZN) share price rose 3.89% after the US Food and Drug Administration (FDA) officially accepted the Biologics License Application (BLA) submitted by AstraZeneca and Daiichi Sankyo for the innovative

Simon Mugo
Moneysupermarket Share Price Fell 2.45% on FY23 Annual Report

The Moneysupermarket.Com Group PLC (LON: MONY) share price fell 2.45% after unveiling its annual report for the year concluding on December 31, 2023, showcasing significant strategic and financial achievements.

Simon Mugo
Currys’ Share Price Soared 38.1% on Potential Offer From JD.com

The Currys PLC (LON: CURY) share price soared 38.1% after JD.com, a Chinese online retail giant, announced its consideration of acquiring the UK electronics retailer. JD.com’s announcement comes after Currys rejected a £700 m

Simon Mugo
XP Power Share Price Plunged 40.6% on Its First Outlook for FY24

The XP Power Ltd (LON: XPP) share price plunged 40.6% after providing its first outlook for the current fiscal year ending on 31 December 2024. The company's Board anticipates a revenue shortfall for the upcoming year, positi

Simon Mugo
UK Retail Sales Surge Higher in January, Signalling Recession End

In January, UK retail sales experienced their most significant surge in nearly three years, signalling a robust rebound in consumer spending. This resurgence hints at the potential for a swift economic recovery from the reces

Simon Mugo
Segro Share Price Edged Up 3.68% on Its Upbeat FY 2023 Results

The SEGRO plc (LON: SGRO) share price edged up 3.68% after releasing its financial results for the year ended 31 December 2023. The prominent property company specialising in warehouses and industrial properties presented an

Simon Mugo
Natwest Group (NWG) Shares Rose 4.9% on Its Final FY23 Results

The Natwest Group PLC (LON: NWG) share price rose 4.89% after releasing its final results for the year ended 31 December 2023. The company reported a remarkable net profit of £4.4 billion for the year, with a return on tangib

Simon Mugo