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Haleon Shares Can Re-Rate Due to ‘Class-Leading Growth’

Haleon (LON: HLN) shares have been ranging for some time now, despite the just over 3% increase in the year-to-date. However, one bank believes the shares can re-rate.

Haleon stock
Sam Boughedda
Primark Owner ABF Profits Jump, Raises Interim Dividend

Associated British Foods (LON: ABF), the owner of Primark and various food brands, reported a substantial increase in profits for the first half of their financial year on Tuesday. 

primark store
Sam Boughedda
The FTSE 100 Jumps – What to Watch This Week

The FTSE 100 jumped to 7,990 in early Monday trading on April 22, 2024, rising 1.2%, following Friday’s 0.24% rise. London’s blue-chip index closed 18.8 points higher at 7,895.85 on Friday.

Sam Boughedda
Quanex to Acquire Tyman in ‘Transformative’ £788m Deal

In a significant development within the building products sector, Quanex Building Products Corporation (NYSE: NX) announced it has agreed on a deal to acquire FTSE-250 company Tyman (LON: TYMN).

Sam Boughedda
Gender Parity At Top Table: BP Adjusts Leadership Team in Strategic Reorganization

In a decisive move toward a more streamlined corporate structure, BP has announced a consolidation in its executive leadership team as new Chief Executive Murray Auchincloss takes the reins of the oil titan. The top echelon o

Asktraders News Team
Argo Blockchain Shares Down 59% this Year – Will it Get Worse After Bitcoin Halving?

Argo Blockchain (LON: ARB), a London-listed Bitcoin mining company, has seen its share price plummet by a substantial 59% so far in 2024. This decline comes amidst a broader slump in Bitcoin mining stocks.

what is bitcoin
Sam Boughedda
Warpaint to Outperform – Berenberg

Berenberg analysts predicted a surge for Warpaint (LON: W7L) shares in a note this week, outlining reasons why the company is poised to outperform the market. 

Stock market or forex trading graph in graphic concept
Sam Boughedda
Hipgnosis Songs Fund Board Agrees Takeover Offer from Concord

Hipgnosis Songs Fund Limited (LON: SONG) announced Thursday that it has agreed a takeover offer from Concord Chorus Limited, an entity controlled by Alchemy Copyrights, trading as Concord. The acquisition is valued at approxi

Sam Boughedda
EasyJet Reduces Winter Losses On Strong Easter Demand

EasyJet (LON: EZJ) released a trading update for the six months that ended March 31 on Wednesday, revealing a year-on-year increase in revenue and a reduction in its first-half “seasonal” losses.

Easyjet plane
Sam Boughedda
GSK’s Vaccine Promises a Leap in Immunisation Efficiency

GlaxoSmithKline's (LON:GSK) share price has risen quite dramatically since the beginning of the year with a 108.70 point gain (+7.35%). Although the share price has seen a decline in the last 5 days, down 2.16%, the news of G

GSK Office
Asktraders News Team
Easing Food Price Inflation Offers Respite for UK Supermarkets

Consumers in the UK have seen a welcome slowdown in the surge of grocery prices, presenting a potentially advantageous situation for both shoppers and supermarkets. The plateauing of food price inflation comes as a breath of

Asktraders News Team
Reckitt Benckiser Shares Have Tumbled – Here’s Why

Reckitt Benckiser (LON: RKT), the Anglo-Dutch consumer goods giant behind Dettol disinfectant and many other major brands, has seen its shares tumble over the last couple of months. This decline stems from a double whammy of

Shopper shopping with a smart phone
Sam Boughedda
Asos Revenue Falls, Reports First Half Loss

Online clothing retailer Asos (LON: ASC) reported its interim results on Wednesday, with revenue declining year-on-year and the company sinking to a first-half loss.

ASOS store
Sam Boughedda
BP to Cut Over 100 Jobs in its EV Charging Division: Shares Down Today

BP's (LON: BP) share price has dropped by 1.99% this afternoon on a difficult start to the day all around for markets.

Asktraders News Team
Marks & Spencer: Analysts Bullish Despite Pullback

Despite a recent pullback in Marks & Spencer's (LON: MKS) stock price, analysts remain bullish on the iconic British retailer's continued turnaround prospects.

marks and spencer
Sam Boughedda
Dr Martens Issues Cautious Outlook, CEO to Step Down

Footwear company Dr. Martens provided a trading update Tuesday, alongside its outlook for the next financial year. The company said its full-year 2024 results are expected to be in line with guidance and consensus expectation

Dr Martens boots
Sam Boughedda
The FTSE 100 Slides – Here’s What to Watch This Week

The FTSE 100 is trading at 7,965 in early Monday trading on April 15, 2024, falling 0.38%, following Friday’s 0.91% gain. The London blue-chip index closed up 71.78 points at 7,995.65 on Friday.

Big Ben seen from Westminster Bridge
Sam Boughedda
Inchcape to Sell UK Retail Operations to Group 1 for £346m

Automotive company Inchcape (LON: INCH) announced the sale of its UK retail operations to Group 1 Automotive UK Limited in a cash deal worth approximately £346 million. The move is said to align with Inchcape's strategy to fo

stock market chart data screen on technology
Sam Boughedda
Petrofac Shares (PFC) Tumbling Today, -27% As Talks with Lenders to Restructure Debt Ongoing

Petrofac (LON: PFC) provided an update today on its ongoing efforts to address its financial situation. The company said it is actively engaged in discussions with various stakeholders as part of a strategic and financial rev

Sam Boughedda
WOSG Shares Down 46% This Year, Here’s Why

Watches of Switzerland (WOSG) shares have plunged a staggering 46% so far in 2024, leaving investors wondering if and when it can recover.

Sam Boughedda
Darktrace Lifts Guidance After Returning to Growth – Shares Up 6% In Early Trading

Cybersecurity firm Darktrace (LON: DARK) raised its annual revenue and margin forecasts for the third time this year after the company's third-quarter revenue rose 26.5%. DARK shares soared on open, pushing their way up to 47

etoro beste trader
Sam Boughedda
Deliveroo Shares Are Rising – Here’s Why Analysts Are Bullish 

Deliveroo (LON: ROO) has impressed investors by increasing its revenue and growing steadily despite the challenging economic conditions. This growth has helped push its shares 13% higher over the last month. 

Deliveroo driver
Sam Boughedda
Today In Markets – FTSE100 & 250 Up, Tesco Shines, US CPI Print Causes Concern Stateside

In a dramatic day of trading, London's premier stock index, the FTSE 100, managed to carve out gains, closing at 7,961—a modest ascent of 26.42 points (0.33%). The blue-chip gauge saw a turbulent session, initially gearing to

Difference between US and UK Stock Trading
Asktraders News Team