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EasyJet Takeover: What’s Next for Shareholders?

EasyJet shareholders are entering the next phase of the airline's £5.7bn ($7.7bn) buyout, after the board formally recommended a firm offer from US private equity giant Apollo Global Management earlier this week, ending a mon

Asktraders News Team
Three FTSE 100 Stocks to Watch This Week

London's blue-chip index enters the new week on solid footing after the FTSE 100 closed at a record-adjacent 10,901.09 on Friday, up 0.3% on the day and for the week, while the FTSE 250 notched a fresh all-time closing high o

Asktraders News Team
Cisco, Applied Materials and Coherent Earnings Preview: Big Tech’s AI Bellwethers Report This Week

Wall Street's earnings this week arrives with three heavyweight tech names reporting: Cisco Systems (NASDAQ: CSCO), Applied Materials (NASDAQ: AMAT), and Coherent Corp (NYSE: COHR).

Asktraders News Team
Persimmon Shares Extend Rise as Deutsche Bank Upgrades to Buy

Deutsche Bank upgraded Persimmon (LON: PSN) to Buy from Hold on Friday, reversing a downgrade the bank made in January and adding to a wave of bullish sentiment following the housebuilder's half-year results.

Asktraders News Team
Hikma Pharmaceuticals shares jump as margin-led profit beat tops forecasts

Hikma Pharmaceuticals (LON: HIK), the generic and branded drugmaker, saw its shares jump yesterday after half-year results showed core operating profit rising far more than revenue, a margin-led beat that brokers said was well ahead of expectation

Asktraders News Team
OSB Group Shares Slide as Funding Costs Force Guidance Cut

OSB Group (LON: OSB), the specialist buy-to-let and residential mortgage lender, saw its shares fall sharply after it cut its 2026 profitability guidance alongside half-year results. The specialist lender reported profit before tax of £187.2m for

Asktraders News Team
Diageo Shares Jump as New CEO Unveils $1bn Cost-Cutting Plan Despite Weak Results

Diageo (LON: DGE), the drinks group behind Johnnie Walker and Smirnoff, saw its shares jump after new chief executive Sir Dave Lewis unveiled a $1bn cost-savings plan alongside a weak set of full-year results. The stock closed yesterday at

Asktraders News Team
Murray International Trust Lags Benchmark but Lifts Interim Dividend to 2.8p

Murray International Trust (LON: MYI), a London-listed investment trust that invests globally for income and capital growth, reported a net asset value (NAV) total return of 10.5% and a share price total return of 9.9% for the six months to 30 Jun

Asktraders News Team
Friday Morning Markets: FTSE 100 Edges Higher; Goodwin Soars, Oxford Biomedica Slumps

London's blue-chip index nudged up 0.2% in early trading on Friday, tracking a broadly firmer mood across Europe, with the FTSE 250 flat. The DAX and CAC 40 both added 0.4%, while the Euro Stoxx 50 rose 0.3%.

Sam Boughedda
TRIG Reaffirms Dividend Target as NAV Slips on Power Price Cuts

The Renewables Infrastructure Group (LON:TRIG), an investment trust that owns wind, solar and battery storage assets, reported interim results before the market opened today showing net asset value per share down to 101.1p. The board reaffirmed its 7

Asktraders News Team
Oxford Biomedica Shares Slump on Deep FY2026 Revenue Downgrade

Oxford Biomedica (LON: OXB), the London-listed contract manufacturer of viral vectors used in cell and gene therapies, saw its shares fall sharply today after cutting full-year revenue guidance. The company blamed client order delays and a further se

Asktraders News Team
RELX Valuation Looks Attractive Despite AI Concerns, Analyst Says

Hargreaves Lansdown believes RELX's (LON: REL) valuation looks attractive, arguing in a recent article that the market may be underestimating the information and analytics group's ability to harness AI within its own products

Sam Boughedda
Goodwin Shares Rally After Confirming Strategic Review of Mechanical Engineering Division

Shares in Goodwin PLC (LON: GDWN) jumped as much as 6% on Friday to around 199.36p, after the engineering group confirmed it has launched a strategic review that could see it sell off a significant portion of its Mechanical E

Asktraders News Team
Genel Energy Shares Surge on Rejected £202m DNO Takeover Approach

Shares in Genel Energy plc (LON: GENL) jumped sharply on Friday after the Kurdistan-focused oil and gas producer confirmed it had rebuffed a possible cash takeover approach from Norwegian rival DNO ASA, worth approximately £2

Asktraders News Team
JD Sports Names Ex-IKEA Chief Peter Agnefjäll as Permanent Chair

JD Sports Fashion (LON:JD), the sportswear and trainers retailer, has appointed Peter Agnefjäll, former IKEA chief executive, as permanent Chair effective 1 September. He succeeds Darren Shapland, interim Chair since the AGM on 21 July, who stays on

Asktraders News Team
Ratio Raises Pharos Energy Offer to Top Serica’s Rival Bid

Pharos Energy (LON: PHAR), the AIM-listed oil and gas explorer operating in Vietnam and Egypt, has received an increased takeover offer from Ratio Petroleum Energy LP worth 32.8183p a share, topping a rival bid from Serica Energy (LON: SQZ) and pr

Asktraders News Team
Zalando Price Target Trimmed at mwb Research But Analyst Stays Bullish After Mixed Q2

mwb Research lowered its price target on Zalando (ETR: ZAL) but kept a Buy rating after the German online retailer reported a mixed second quarter and revised its outlook to a more cautious, back-end loaded stance.

Sam Boughedda
Honeywell Aerospace Shares Plunge 24% After Guidance Cut Rattles Wall Street

Shares of Honeywell Aerospace (NASDAQ: HONA) cratered on Thursday, August 6, 2026, falling as much as 24% intraday to a fresh 52-week low of $150.03 before stabilizing near $155, after the company delivered a disappointing fi

Asktraders News Team
Smiths Group Reinstated with Buy Rating at Goldman Sachs, Shares Slip

Goldman Sachs reinstated coverage of Smiths Group (LON: SMIN) on Thursday, August 6, 2026, with a Buy rating and a price target of 3,150 pence, signalling meaningful upside from current levels for the diversified industrial t

Asktraders News Team
BP Shares Rise After Freedom Broker Upgrades Stock to Hold

BP (LON: BP) shares climbed on Thursday after Freedom Broker analyst Sergey Pigarev upgraded the oil major to "Hold" from "Sell," lifting his price target to $43 from $39.

Asktraders News Team
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