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Kazera Global Shares Surge on South African Mining Right Grant

Kazera Global (LON: KZG), the AIM-listed mining investment company, saw its shares surge in early trade on Wednesday after South Africa's mining regulator formally granted a mining right over its Sea Concession 2A heavy mineral sands project in th

Asktraders News Team
Motorpoint Shares Jump as Used-Car Retailer Lifts Profit Outlook

Motorpoint Group (LON: MOTR), the UK omnichannel used-vehicle retailer, saw its shares jump on Wednesday morning after raising profit guidance for the year ahead above market expectations, citing stronger trading volumes and margins.The sto

Asktraders News Team
Touchstar Shares Slide Despite Swing to EBITDA Profit

Touchstar (LON: TST), the Manchester-based maker of rugged mobile computers and logistics software, saw its shares tumble today after a trading update flagged a weaker second half despite improved first-half profitability.Shares fell as muc

Asktraders News Team
RentGuarantor Shares Jump on Bumper Trading Update

RentGuarantor Holdings (LON: RGG), which provides rent guarantee services to tenants and landlords, saw its shares jump on Wednesday after an unaudited trading update revealed revenue up 472% and a swing to profit for the eight months to 31 August

Asktraders News Team
Cairn Homes Shares Hit High as EPS Jumps 82% in H1

Cairn Homes (LSE: CRN), the Irish housebuilder, saw its shares jump to a fresh 52-week high after reporting an 82% rise in first-half earnings per share and a 60% increase in revenue, prompting an upgrade to full-year guidance.The stock ope

Asktraders News Team
Kelso Group NAV Per Share Jumps 43% to 3.3p as Concentrated Bets Pay Off

Kelso Group Holdings (LON: KLSO), a small Main Market investment vehicle that runs a concentrated portfolio of UK-listed "best ideas", said its unaudited net asset value per share rose 43% to 3.3p in the eight months to 31 August, up from around 2

Asktraders News Team
Wednesday Morning Markets: FTSE Slips as US-Iran Tensions Weigh

London's blue-chip index is trading lower on Wednesday morning, with the FTSE 100 down 0.3% and the mid-cap

Sam Boughedda
Gresham House Storage Fund NAV Jumps 15.8% on Project Revaluation

Gresham House Energy Storage Fund (LON: GRID), the UK's largest listed fund investing in utility-scale battery storage, said net asset value per share rose 15.8% to 131.30p at the end of June, sending shares to a new 52-week high in early trade. GRI

Asktraders News Team
Palo Alto Networks Beats Q4 Estimates and Raises Guidance Despite Tech Sell-Off

Palo Alto Networks (NASDAQ: PANW), the cybersecurity software group, saw its shares fall roughly 5% yesterday as a broad sell-off in high-valuation tech stocks hit the sector, hours before it reported a Q4 earnings beat and raised its FY2027 outlo

Asktraders News Team
TT Electronics Shares Jump as on Strong Profit Growth, Guidance Upgrade

TT Electronics (LSE: TTG) shares surged over 11% early on Wednesday after the electronics manufacturer posted a strong set of half-year results and lifted its full-year guidance, encouraging investors that a year-long turnaro

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Avon Technologies Wins $20.3m US Combat Helmet Order

Avon Technologies (LON: AVON), the UK-listed maker of military and law-enforcement protective equipment, said its Team Wendy Ceradyne unit has received a $20.3m delivery order from the US Defense Logistics Agency for ACH GEN II combat helmets.

Asktraders News Team
BP Confirms Ian Tyler as Permanent Chair; Shares Tick Higher

BP shares edged up on Wednesday after the oil major confirmed Ian Tyler as its permanent Chair, ending months of speculation over the top boardroom role. Shares in the FTSE 100 group rose around 0.4% to roughly 543.6p in earl

Asktraders News Team
Halma Acquires US Water Quality Specialist Pyxis for Up to £148m

Halma plc (LON: HLMA), the FTSE 100 group of life-saving technology companies, saw its shares tick around 1% higher on Wednesday after announcing the acquisition of Pyxis, a specialist provider of water quality monitoring and

Asktraders News Team
Dell shares jump after-hours on record results and AI backlog-driven guidance raise

Dell Technologies (NYSE: DELL), the computer maker turned AI infrastructure supplier, saw its shares jump in after-hours trading after posting record quarterly results and lifting its full-year guidance on the strength of a record AI server order

Asktraders News Team
Analyst Names 2 UK Energy Stocks to Play Grid Overhaul

In a recent article Hargreaves Lansdown highlighted National Grid (LON:NG) and SSE (LON:SSE) as two ways to gain exposure to the UK's electrification drive, as the country grapples with electricity bills that remain among the

Sam Boughedda
Here’s Why Alumis Shares Just Cratered Over 50%

Alumis Inc. (NASDAQ: ALMS) shares collapsed on Tuesday, plunging 56.8% to $9.43 apiece after the clinical-stage biopharmaceutical company reported disappointing topline results from a pivotal mid-stage study of its lead drug

Asktraders News Team
WPP to Cut Up to 1,000 More Jobs by Year-End, FT Reports

WPP, Britain's largest advertising group, plans to cut up to 1,000 additional jobs by the end of the year as it accelerates a sweeping restructuring under new chief executive Cindy Rose, the Financial Times reported.

Asktraders News Team
BofA Splits UK Bank Views, Upgrades Lloyds and Downgrades Barclays

Bank of America shifted its stance on two of Britain's largest lenders on Tuesday, upgrading Lloyds Banking Group (LON: LLOY) to Buy from Neutral while downgrading Barclays (LON: BARC) to Neutral from Buy, in a move the firm

Asktraders News Team
Unite Group Shares Slide as Morgan Stanley Cuts Stock to Equal Weight

Shares in Unite Group fell as much as 4% on Tuesday after Morgan Stanley downgraded the student accommodation landlord to Equal Weight from Overweight, even as the US bank left its price target unchanged at 600 pence.

Asktraders News Team
Reckitt Shares Jump as Mead Johnson Wins First NEC Trial

Shares in Reckitt Benckiser (LON: RKT), the consumer health and hygiene group behind Dettol, Nurofen and Enfamil infant formula, surged  in London trading after its Mead Johnson unit was cleared by a federal jury of liability over a premature baby's

Asktraders News Team
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