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Unexpected Drop in UK Inflation Hints At Potential Rate Cuts, GBP Falls

In a surprising twist, UK inflation has declined to 1.7% in the year to September, signaling the lowest rate in over three and a half years. This development comes unexpectedly and could potentially set the stage for the Bank

Asktraders News Team
Chord Energy Stock (CHRD) Gains Bullish Initiation From UBS

Chord Energy Corporation stock (NASDAQ: CHRD) followed the market down in the most recent trading session, with its stock price currently standing at $126.50, marking a decline of 4.43% on a difficult day for energy.

Asktraders News Team
UK Banking Stocks: Jefferies Bullish on ‘Unique Exposure’

Analysts at Jefferies are bullish on UK domestic bank, adjusting the price targets for Barclays (LON: BARC),

Sam Boughedda
Abbott Labs (ABT) Reporting Earnings Before The Bell – What To Expect

Abbott Laboratories stock (NYSE: ABT) would expect to see some movement this morning, with earnings coming before the bell usually a notable period of volatility for any company's shares. The gain of 0.39% for ABT in the pre-

Asktraders News Team
Wise Shares Jump as Progress Continues ‘at Pace’

Shares in Wise Plc (LON: WISE) surged in early Tuesday trading following the release of the company's second-quarter trading update. [stock_market_widget type="chart" template

Sam Boughedda
Marks & Spencer Shares’ (MKS) New 52 Week High As Price Target Raised

In a vote of confidence for the venerable British retailer, JPMorgan has raised its price target for Marks & Spencer shares (LON: MKS) from 360 to 425 GBp, maintain

Asktraders News Team
Whitbread Shares Jump as Premier Inn Owner On Course to Deliver ‘Step Change’ in Profits, Margins, and Returns

Premier Inn owner Whitbread (LON: WTB) saw its shares jump over 4% on Wednesday after unveiling plans to significantly boost profits, margins, and shareholder returns over the next five years.

Sam Boughedda
GM and Barclays Forge Exclusive Credit Card Rewards Deal

General Motors (GM), a titan in the automotive industry, has recently announced a long-term partnership with Barclays US Consumer Bank. This move sees Barclays become the exclusive issuer of the GM Rewards Mastercard and GM B

Asktraders News Team
Is A BrewDog IPO Expected Anytime Soon?

There has been much speculation about a BrewDog IPO, and with many wondering when, or if it will happen, comments from a co-founder may provide some insight into what is a changing UK market.

Asktraders News Team
Harley-Davidson Stock Price (HOG) Briefly Green YTD As Analysts Adjust Into Earnings

Harley-Davidson shareholders were treated to a day of volatility, with the stock (NYSE: HOG) gaining $1 through the early part of trading and briefly turning green on a YTD basis, only to end red to the tune of 22c (-0.62%).

Asktraders News Team
NatWest Shares (LON:NWG) Gain Double Upgrade

Jefferies, the prominent investment banking firm, has changed its tune on NatWest (LON: NWG), upgrading the UK-based banking group from 'underperform' to 'buy.' This double upgrade from bearish to bullish in recommendation re

Asktraders News Team
CESC Shares Move Up As Solar Energy Acquisition Highlights Renewable Energy Portfolio

Shares of CESC Ltd (NSE: CESC), the flagship entity of RP-Sanjiv Goenka Group, saw a 4.54% upswing following an announcement of its foray into a significant acquisition in the renewable energy sector.

Asktraders News Team
BAE Systems Secures $460M Army Contract

The defense sector has witnessed a significant development with BAE Systems being awarded a notable contract by the U.S. Army. The British multinational arms, security, and aerospace company BAE Systems (LON: BA) has secured

Asktraders News Team
Indian Markets Retrace as Inflation Concerns Mount

Indian stock indices, the BSE Sensex and the NSE's Nifty 50, faced a downturn in the latest trading session, echoing a global retreat from equities amidst inflation w

Asktraders News Team
Ola Electric Responds to Regulatory Concerns Over Discounts

In recent developments, Ola Electric (BSE: OLAELEC ) has found itself at the center of increased regulatory scrutiny following its 'Buy Online, Skip the Showroom' (BOSS) sale discounts. The company was compelled to issue a fo

Asktraders News Team
CMS Energy’s Stock Price Target (NYSE:CMS) Get’s Downward Revision

CMS Energy (NYSE: CMS), a prominent player in the regulated utility sector, is drawing attention, with the stock price flirting with the psychologically important $70 resistance level. Gains of 18% on a YTD basis have stalled

Asktraders News Team
Compass Group Shares (LON:CPG) Hits New High, Continues to Outperform

Compass Group shares (LON:CPG) hit a new 52 week high of 2,493p in trading today, as the stock added 0.6% on the day so far. [stock_market_widget type="chart" template="candl

Asktraders News Team
FTSE 100 Trading Down As Oil Weighs On Index – BP, Shell Notable Dips

Today's trading session has kicked off with the FTSE 100 index facing headwinds, down 0.48%, as declines in major oil companies and industrial metal miners, signal a

Asktraders News Team
Chemours Price Target (NYSE:CC) Seeing Analyst Movement, Bullish Sentiment Holds

In a recent update from the Royal Bank of Canada, the target price for Chemours stock (NYSE :CC) has been revised downward from $35.00 to $28.00 but all the while retaining the Outperform rating. This adjustment reflects shif

Asktraders News Team
Ceres Power Shares: Down 17% in the Last Week, Analyst Cuts to Neutral

Ceres Power (LON: CWR) shares are down around 17% in the last week, not helped by a recent ratings downgrade from an analyst at Goldman Sachs. [stock_market_widget type="chart

Sam Boughedda
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