UK Stock News
Melrose Industries Fundamentals ‘Remain Positive’
The fundamentals remain positive for the aerospace sector and Melrose Industries (LON: MRO), according to a recent note from research firm Edison. The firm noted that lengthy order…
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News & Analysis
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Wizz Air December Traffic Rises, Capacity Drops
European low-cost carrier Wizz Air (LON: WIZZ) reported a rise in passenger numbers for December 2024 despite a year-on-year drop in seat capacity. The airline revealed it carried…
Vodafone Group Completes €8bn Sale of Vodafone Italy
Vodafone Group (LON: VOD) said Thursday that it has finalised the €8 billion sale of Vodafone Italy to Swisscom AG. The cash deal values Vodafone Italy at a…
Wood Group Sells EthosEnergy Stake for $138 Million
Wood Group (John Wood Group) (LON: WG.) has seen its shares rise over 2% Thursday after it finalised the sale of its 51% stake in EthosEnergy. The company…
Wizz Air Secures Commercial Support Agreement with Pratt & Whitney
Wizz Air (LON: WIZZ) said Tuesday that it has struck a commercial support agreement with Pratt & Whitney to address ongoing issues with its PW1100G-JM geared turbofan (GTF)…
EG Group Eyes US IPO, Snubbing London in £13bn Listing Plan – The Telegraph
The Issa brothers are preparing to take their petrol station empire, EG Group, public in the United States, potentially valuing the company at £13 billion, The Telegraph reported…
FTSE 100 Could Reach 8,800 Region by the End of 2025 – Analyst
The FTSE 100 index, which has faced downward pressure following the UK autumn budget, could rebound significantly over the next year, with a potential target of the 8,800…
Tesla’s Stock: A Tale of Two Halves in 2024, With Analysts Split on 2025 Prospects
Tesla’s stock (TSLA) had a real 2024 of two halves, with a decrease of 15% through the first half of the year giving way to gains of 120%…
Vistry Shares Tumble: Company Cuts FY24 Profit Guidance Again
Vistry Group (LON: VTY) shares plummeted over 18% in early Tuesday trading after the company announced another reduction in its profit forecast for the 2024 financial year. This…
Aviva Agrees £3.7bn Deal to Buy Direct Line (AV, DLG)
Aviva (LON: AV.) announced Monday that it has agreed a £3.7 billion cash-and-share deal to acquire Direct Line Insurance Group (LON: DLG). The acquisition aims to create a…
Tesco Q3: Supermarket Giant Expected to Report Another Solid Performance
Citi analysts anticipate Tesco (LON: TSCO) will deliver robust Q3 results, supported by continued momentum in its core UK market. In a note to clients this week, the…
Shoe Zone Shares Plunge: Cuts Profit Outlook After ‘Very Challenging Trading Conditions’
Shoe Zone (LON: SHOE) shares plummeted Wednesday after the footwear retailer issued a profit warning, citing “very challenging trading conditions”. The stock is currently down over 44% following…
The 5 Most Shorted London-Listed Stocks Heading into Year End (PFC, OCDO, WG, AWE, DOM)
As the festive season approaches, short sellers are still searching for what they believe are overvalued London-listed stocks, betting that share prices have further room to fall. From…
Greggs Shares ‘Have Been Oversold’
RBC Capital analyst Ross Broadfoot initiated coverage of Greggs (LON: GRG) with an Outperform rating and a 3,240p price target in a recent note. The bank’s analysts argue…
Currys Shares Surge as ‘Performance Continues to Strengthen’
Currys (LON: CURY) reported its results for the half-year ending 26 October 2024 on Thursday, resulting in its shares price surging 10% as the company demonstrated robust performance…
Kainos Shares Gain as Company Reappoints Brendan Mooney as CEO
UK-based IT services and software provider Kainos Group (LON: KNOS) saw its shares surge over 6% on Wednesday following the announcement of Brendan Mooney’s reappointment as Chief Executive…
Games Workshop Shares Climb After Reaching Final Agreement with Amazon For Warhammer Adaptation
Games Workshop (LON: GAW) shares opened higher Tuesday after the company said it has now reached a final agreement with Amazon Content Services for the adaption of Games…
Currys Interim Results: What to Watch
Currys (LON: CURY) is set to report its interim results this week on Thursday, December 12, with investors eager to assess how the electronics retailer is navigating various…
Direct Line Accepts Aviva Takeover Proposal
Aviva (LON: AV.) and Direct Line Insurance Group (LON: DLG) announced Friday that they have reached a preliminary agreement on the financial terms of a potential merger. The…
Watches of Switzerland Shares Jump as Q2 Momentum Boosts H1 Results
Watches of Switzerland Group (LON: WOSG) shares jumped more than 7% Thursday after reporting a revenue increase of 4% in constant currency for the first half of fiscal…
