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Metro Bank Shares Fall 9% Despite Record Half-Year Profit

Metro Bank Holdings (LON: MTRO) reported record underlying profit for the first half of the year on Tuesday, yet its shares retreated sharply as markets focused on a shrinking deposit base rather than the earnings beat. The stock traded at 163.64p b

Asktraders News Team
Domino’s Pizza Shares Hit 52-Week High on Cash Flow Surge

Domino's Pizza Group (LON: DOM), the master franchise holder for Domino's Pizza in the UK and Ireland, rose to a fresh 52-week high today after half-year results showed sales, earnings and free cash flow all strengthening, with management reaffirm

Asktraders News Team
Smith & Nephew Shares Slide 7% as Growth Guidance Cut Despite Profit Beat

Smith & Nephew (LON: SN.), the medical devices maker known for joint replacements and wound care products, saw its shares fall sharply this morning after it cut its full-year revenue growth guidance from around 6% to around 4%, even as first-half

Asktraders News Team
CCEP Shares Fall 4.3% as Q2 Growth Slowdown Overshadows H1 Beat

Coca-Cola Europacific Partners (LON: CCEP), the bottler that makes and distributes Coca-Cola drinks across Europe and the Asia-Pacific region, saw its shares fall 4.3% today after first-half profit beat forecasts, with a second-quarter slowdown ov

Asktraders News Team
Prologis Agrees £14bn Recommended Takeover of SEGRO

Prologis, Inc. (NYSE: PLD) has agreed a recommended £14bn takeover of SEGRO plc (LON: SGRO), the FTSE 100 warehouse and data-centre landlord. Both companies confirmed the deal via a London Stock Exchange announcement this morning. SEGRO shares stood

Asktraders News Team
Metro Bank Shares Slide 9% Despite Record Half-Year Profit

Metro Bank Holdings (LON: MTRO), the UK high street bank, saw its shares fall over 9% in early trade on Tuesday after reporting a record half-year underlying profit of £61m, as markets focused on weakening capital buffers and rising loan-loss char

Asktraders News Team
Halma Completes $60m Sale of NovaBone to Isto Biologics

Halma (LON: HLMA), the FTSE 100 group of life-saving technology companies, said in an RNS at 07:00 BST this morning that it has completed the sale of its NovaBone orthobiologics unit to US buyer Isto Biologics for $60m (£45m), on a cash and debt-f

Asktraders News Team
BP Profit More Than Doubles as New Boss Speeds Up Break-Up

BP (LON: BP.), the London-listed oil and gas major, said second-quarter underlying replacement cost profit more than doubled to $5.7bn, beating analyst forecasts, as new chief executive Meg O'Neill used the results to press ahead with a break-up o

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Tuesday Morning Markets: FTSE Rises as Earnings Flood In, Travis Perkins Surges

London shares opened higher on Tuesday, with the FTSE 100 up 0.4% and the

Sam Boughedda
Fresnillo Shares Rise as Profit Triples on Sharply Higher Silver and Gold Prices

Fresnillo (LON: FRES), the Mexico-focused silver and gold miner, rose in early trade today after interim results showed profit more than tripling in the first half of 2026, driven by sharply higher precious metals prices even as output fell and co

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Convatec Reiterates Guidance, Unveils $200m Buyback After US Setback

Convatec Group Plc (LON: CTEC), the FTSE 100 medical products group focused on chronic-condition care, reported interim revenue up 4.4% to $1,232m for the six months to June, with organic growth of 5.0% excluding its InnovaMatrix wound-care product,

Asktraders News Team
HSBC Shares Open Lower Despite Profit Surge and Fresh Buyback

Shares in HSBC Holdings (LON: HSBA) opened lower on Tuesday, even as the banking giant posted a sharp rise in first-half profit and announced a new share buyback. [stock_marke

Asktraders News Team
Filtronic Shares Tumble Despite Record Order Book as Investment Squeezes Profits

Filtronic (AIM: FTC) shares dropped at the open on Tuesday, currently down close to 11% after the RF technology group's full-year results revealed a sharp drop in profitability, overshadowing a narrative of strategic progress

Asktraders News Team
IAG Shares: Analyst Stays Constructive Despite Tougher Quarter

Edison analysts told clients in a note on Monday that International Airlines Group (LON: IAG) shares remain underpinned by the resilience of the British Airways owner's business model, even after a more challenging second qua

Sam Boughedda
Why Atkore International Stock Surged on Monday

Shares of Atkore Inc. (NYSE: ATKR) rocketed higher on Monday, surging as much as 27% in premarket and early trading after the electrical and infrastructure products maker announced a definitive agreement to be acquired by Ita

Asktraders News Team
Puma Q2 Beat Estimates on Tariff Refunds, but Analyst Remains Cautious as Demand Stays Soft

Puma SE posted second-quarter results on Friday that came in slightly ahead of expectations, but analysts at mwb Research are maintaining a Hold rating and a €25.00 price target on the German sportswear giant, citing persiste

Asktraders News Team
TotalEnergies (TTE) Buys Shell’s (SHEL) European Onshore Renewables Business: Share Price Reaction

TotalEnergies has agreed to acquire Shell's (LON: SHEL) entire European onshore renewables business, marking one of the biggest consolidation moves yet in the region's clean power sector as the British major continues to retr

Asktraders News Team
Citi Downgrades Unite Group Shares, Slashes Price Target by Over a Third

Shares in Unite Group (LON: UTG), the UK's largest student accommodation provider, were in focus on Monday, August 3, 2026, after Citigroup downgraded the FTSE 250 real estate investment trust to "Neutral" fr

Asktraders News Team
Netcall Recovery Stalls Despite Strong FY26 Growth Update

Netcall (LON: NET), the AIM-listed maker of the AI-powered Liberty customer-engagement and automation platform, published its FY26 trading update on 21 July, reporting 20% revenue growth. Two weeks on, the shares remain stuck below their January h

Asktraders News Team
Savills Shares Rise as Eastdil Secured Acquisition Completes

Savills plc (LON: SVS), the global real estate services group, confirmed on Monday that it has completed its acquisition of US investment bank Eastdil Secured Holdings, LLC, with shares rising in early trading. The stock traded at 935p on M

Asktraders News Team
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