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Pennon Shares Jump 5% in London Morning Trade

Pennon Group shares are up about 5% in London this morning, the fourth-largest daily move for the water utility in six months.

Asktraders News Team
Tullow Oil Shares Almost Halve After Losing Ghana Tax Arbitration

Tullow Oil has lost its arbitration against Ghana's tax authority, and the shares have almost halved in London today as the market weighs a bill that Ghana puts at $393m.

Asktraders News Team
Ninety One Shares Touch Their Lowest Level in a Year

Ninety One shares dipped to 198.8p in London today, their lowest level in a year and below the previous low, before recovering in morning trade to 210p.

Asktraders News Team
IP Group Shares Reach Their Highest Level Since November 2022

IP Group shares reached 75.6p by 9:06am in London on Wednesday, above their previous 52-week high of 75p and at the highest level since the 15th of November 2022.

Asktraders News Team
IWG Lifts Buyback to Up to $200m; Shares Higher in Early Trade

International Workplace Group has lifted its 2026 share buyback by up to $50m to up to $200m, and the shares were higher in early trade, having slid to near the bottom of their th

Asktraders News Team
Wednesday Morning Markets: FTSE Rises as Utilities Climb and Oil Majors Slip

London shares opened higher on Wednesday, led by utilities and Antofagasta, while oil majors have slipped, and Saga, Greggs and IWG topped the FTSE 250.

Sam Boughedda
Spire Healthcare Swings to Pre-Tax Loss as EBITDA Falls 16%

Spire Healthcare held first-half revenue flat, but adjusted EBITDA fell 16.0% and the private hospital group reported a pre-tax loss, weeks after a recommended final offer.

Asktraders News Team
Galileo Resources Swings to £1.76m Loss as Cash Falls to £0.19m

AIM-quoted explorer Galileo Resources swung to a loss for the year to 31 March 2026 and ended it with little cash, before US$3m from a Botswana licence sale arrived after the year end.

Asktraders News Team
Goodwin Shares Fall as Duvelco Plant Stuck at a Fifth of Capacity

Goodwin's trading update shows its Duvelco polyimide plant running at about a fifth of designed capacity, with a proposed dryer roughly ten months away, as the group has agreed a

Asktraders News Team
Saga Shares Surge as Profit Guidance Is Upgraded and Debt Falls

Saga has upgraded its profit guidance and says its medium-term targets should arrive early, after first-half underlying profit before tax doubled and debt fell. Shares in the over

Asktraders News Team
Water Intelligence Statutory Profit Falls 22% as It Launches Monitoring Business

Water Intelligence grew first-half revenue and adjusted EBITDA, but statutory pre-tax profit fell 22% as it spent on a new leak-monitoring subscription business. The company gave no numeric guidance.

Asktraders News Team
Greggs Lifts 2026 Outlook as Sales Quicken, but Four Manufacturing Sites Face Closure

Greggs says like-for-like sales growth quickened to 3.4% in its latest quarter and it now expects a modestly improved 2026 outcome, but the same statement proposes closing four manufacturing sites and puts about 740 roles at ris

Asktraders News Team
HelloFresh Cut to Sell at mwb Research After Failed Back-to-School Push

mwb research downgraded HelloFresh (ETR:HFG) to Sell from Hold and cut its price target to 1.80 euros from 2.90 euros in a recent note, following the company's latest update.

Sam Boughedda
Workday Cuts 2.5% of Staff and Holds Guidance, Except GAAP Margin

Workday will cut about 2.5% of its workforce, primarily in Product and Technology, and book up to $80m of charges. It holds its outlook, but expects GAAP operating margin to run a

Asktraders News Team
Carnival Shares Surge on Tuesday as Record Quarter Lifts Outlook

Carnival shares jumped 13.4% today after the cruise operator posted record third-quarter revenue, net yields and net income, and raised its full-year outlook despite a $150m hit f

Asktraders News Team
A.G. Barr Shares Fall to Their Lowest Level Since January 2025

A.G. Barr shares fell to their lowest level since January 2025 in morning trade today, on the day the soft drinks maker published interim results showing higher revenue and a risi

Asktraders News Team
Pearson agrees to buy AI skills firm Workera, price undisclosed

Pearson has agreed to buy Workera, a Palo Alto AI skills-assessment business, to build out its enterprise learning arm. The price was not disclosed, and the shares were slightly l

Asktraders News Team
AstraZeneca Shares Rise After $2bn Stake in Summit Therapeutics

AstraZeneca is taking a $2bn stake in US biotech Summit Therapeutics so the two can test their cancer drugs together. Its shares are up about 2% in early trade and remain below Fe

Asktraders News Team
Vesuvius Shares Surge After Board Confirms RHI Magnesita Takeover Approaches

Vesuvius shares jumped in morning trade today after the company confirmed a run of takeover proposals from RHI Magnesita, the latest worth 551p a share, and said its board is stil

Asktraders News Team
Capita Shares Trade at Their Lowest Level Since May Last Year

Capita, the business services group, traded at 214p by 08:52 London time today, just under its previous 52-week low of 215p and at its lowest level since the 23rd of May last year

Asktraders News Team
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