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St James’s Place Shares Slide as Major Partner Firm Reportedly Plans Exit to Söderberg

St James's Place shares fell sharply on Friday after reports that partner firm Sovereign Wealth plans to leave for Swedish rival Söderberg & Partners. Shares in St James's Place, Britain's largest wealth manager, weakened  on Friday after a repo

Asktraders News Team
Hays Shares Jump After Recruiter Lifts Profit Guidance to Top of Range

Hays shares rose sharply on Friday after the recruiter said cost cuts and steadier fee trends would lift annual profit to the top of forecasts. Hays plc (LSE:HAS) shares surged on Friday after the recruitment group said cost-cutting and resilient fe

Asktraders News Team
Johnson Service Group Shares Slump Over 12% as Hospitality Weakness Hits First-Half Trading

Shares fell sharply on Friday after weak hospitality demand hit the textile rental group's first-half revenue, despite unchanged full-year margin guidance. Johnson Service Group PLC (LSE:JSG) shares plunged after the textile rental and workwear grou

Asktraders News Team
Friday Morning Markets: UK Stocks Steady as EasyJet Soars on Apollo Deal, Hays Jumps on Upbeat Guidance

The FTSE 100 is flat on Friday morning, with heavyweight stock-specific moves offsetting each other, while the FTSE 250 has added 0.4%.  [stock_market_widget type="chart"

Sam Boughedda
EasyJet Shares Soar as Apollo Trumps Rival Bidder in £5.7bn Takeover Battle

EasyJet (LON: EZJ) shares have surged on Friday after the budget airline confirmed it has agreed in principle to a sweetened £5.7 billion takeover proposal from US private equity giant Apollo Management, gatecrashing a deal t

Asktraders News Team
Vodafone Shares Surge After Niel Family Vehicle Agrees £4.4bn Stake Purchase from e&

Shares in Vodafone Group jumped on Friday after Emirates Telecommunications Group (e&) announced it has agreed to sell its entire 16.2% stake in the telecoms giant to Vega, an acquisition vehicle owned by French billionai

Asktraders News Team
Admiral Group Shares Get Lift as Goldman Sachs Ups Rating

Admiral Group (LON: ADM) shares have climbed 14.2% year-to-date and more than 10% over the past 12 months, trading at 3,674 pence, with a 0.7% rise on Thursday following Goldman Sachs' upgrade of the insurer to Neutral from S

Sam Boughedda
Why PepsiCo Shares Declined Today

PepsiCo shares tumbled Thursday, falling as much as 5% intraday, with the stock currently down roughly 3% to around $138, after the beverage and snack giant delivered a mixed second-quarter earnings report that rattled invest

Asktraders News Team
“Mega-Rotation” Out of Big Tech Set to Define Markets Through 2026, Says deVere CEO

A sweeping "mega-rotation" away from Big Tech and into value-oriented sectors will be one of the defining investment themes for the remainder of 2026, according to Nigel Green, CEO of deVere Group, one of the world's largest

Asktraders News Team
UBS: S&P 500 Set to Climb Despite US-Iran Flare-Up, Investors Told to Stay Diversified

UBS's Chief Investment Office is urging investors to look past renewed US-Iran tensions and stay positioned for further gains in the S&P 500, arguing that strong corporate earnings and resilient economic conditions should

Asktraders News Team
Coca-Cola Europacific Partners Shares Slide Despite Wells Fargo Price Target Hike

Shares of Coca-Cola Europacific Partners (LON: CCEP) fell for a second straight session on Thursday, extending Wednesday's losses even as Wells Fargo raised its price target on the beverage giant's U.S.-listed stock.

Asktraders News Team
Playtech Shares Jump Nearly 19% After Raising 2026 Profit Outlook

Playtech shares surged on Thursday after it lifted its 2026 profit forecast on booming US and Latin American growth. Shares in Playtech (LSE:PTEC) jumped sharply on Thursday after the gambling technology group forecast full-year profit well above an

Asktraders News Team
AstraZeneca shares slide 9% as Wainua drug fails key heart trial

AstraZeneca lost about £19 billion in market value on Thursday after its Wainua drug missed the main goal of a late-stage heart disease trial. AstraZeneca (LSE:AZN) shares dipped sharply in early trading on Thursday after the company said its heart

Asktraders News Team
Thursday Morning Markets: FTSE 100 Slips as AstraZeneca Tumbles, Computacenter Surges

The FTSE 100 is trading lower on Thursday, down 0.5%, weighed down by a heavyweight pharma setback, while the FTSE 250 edged up 0.4% on strength from AI-linked and gaming names. 

Sam Boughedda
GlobalData Shares Slide as Underlying Growth Stalls Despite Tender Offer

GlobalData Plc (LON: DATA) shares fell sharply on Thursday after the data and analytics group flagged sluggish underlying growth and guided to the low end of full-year earnings expectations, overshadowing news of a £30 millio

Asktraders News Team
Capita Shares Slide as Pension Scheme Woes Overshadow Trading Update

Shares in Capita (LON: CPI) tumbled on Thursday after the outsourcing group warned that ongoing problems with its Civil Service Pension Scheme contract will hit profits and cash flow harder than previously expected, overshado

Asktraders News Team
Computacenter Shares Hit All-Time High as Profit Guidance Doubles on AI Demand

Computacenter shares hit an all-time high on Thursday after the IT services group said first-half profit would roughly double on surging AI and hyperscale demand. Computacenter plc (L.CCC) shares jumped to a new all-time high on Thursday after the F

Asktraders News Team
BP Shares: Balance Sheet Reset Offers Asymmetric Upside For Patient Investors, Edison Says

BP's (LON: BP.) strategic pivot back to oil and gas is well underway, but the question for investors is whether its pace of exe

Sam Boughedda
Why Alibaba Shares Jumped Today

Shares of Alibaba Group (NYSE: BABA) surged around 11% on Wednesday, closing around $108.98 after opening at $107.60 — the stock's best single-day performance in almost a year.

Asktraders News Team
Crinetics Pharmaceuticals Shares Surged This Week

Shares of Crinetics Pharmaceuticals (Nasdaq: CRNX) jumped as much as 98.7% this week, currently trading around $83.48 after Vertex Pharmaceuticals (Nasdaq: VRTX) announced a definitive agreement to acquire the San Diego-based

Asktraders News Team
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