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NatWest Shares Gain: Buys Metro Bank Mortgage Portfolio, Reports Interim Results

NatWest (LON: NWG) announced on Friday an agreement to acquire a £2.5 billion portfolio of prime UK residential mortgages from Metro Bank plc.

Natwest branch
Sam Boughedda
Rightmove Shares Rise as Strong H1 Drives Revenue Growth

UK property portal business Rightmove plc (LON: RMV) reported a robust financial performance for the first half of 2024, driving its shares over 2% higher.

Sam Boughedda
Nikkei 225 Index Down 3.28% As Markets Shaken by Tech Sector Selloff

Markets around the world faced a significant downturn as major US tech companies experienced a selloff that rippled across global stock exchanges. The Japanese market was hit hard early, but the UK's leading stock indexes wer

US markets
Asktraders News Team
Unilever Shares (ULVR.L) Hit 52 Wk Highs, Up Big On Impressive H1 Report

Unilever shares (LON: ULVR) experienced a significant surge following the announcement of a strong financial performance in the first half of 2024. The result

Unilever Nigeria Plc
Asktraders News Team
Boohoo and Asos Share Price Targets Cut as Barclays ‘See Downside Risks’

Analysts at Barclays lowered their price targets for struggling online fashion retailers Boohoo (LON: BOO) and Asos (LON: ASC) in a note to clients this week.

ASOS store
Sam Boughedda
Vodafone Revenue Rises in Q1 Despite Lower Inflation Slowing Growth in Europe

Telecommunications giant Vodafone (LON: VOD) reported a 2.8% increase in total revenue for the first quarter, reaching €9 billion in its first quarter trading update.

Vodafone store
Sam Boughedda
GSK’s Dovato Outperforms in Head-to-Head Study

GSK's (LON: GSK) ViiV Healthcare has reported promising outcomes from a head-to-head study of its two-drug HIV regimen, Dovato, when compared to the three-drug regimen, Biktarvy by Gilead Sciences. This favourable data focuse

GSK-Unveils-New-Logo
Asktraders News Team
UK Supermarket Market Share Shifts – TSCO and SBRY Stocks Tread Different Paths

In the competitive landscape of UK supermarkets, leading grocery chains Tesco PLC (LON:TSCO) and J Sainsbury PLC (LON:SBRY) have fortified their positions as the foremost players. The bigger named players have had a mixed tim

teso shopping trolley in aisle
Asktraders News Team
Down 18% On The Year, Reckitt (LON: RKT) Refocuses by Shedding Units

Reckitt shares (LON: RKT) have had a difficult time so far in 2024, with an 18% drop a far cry from what holders would have wanted. It should come as

Reckitt Benckiser products
Asktraders News Team
Why Are Compass Group Shares Up? (LON: CPG)

Compass Group shares (LON: CPG) gapped up on the open yesterday, and continue the climb through the early part of today's session. The stock has 0.5% gains so far today, bringing the total increase just under 5%, but why the

Compass Group take away food containers, held by employee
Asktraders News Team
BAE Systems Enhances In-Flight Connectivity

In a significant boost to in-flight connectivity options, BAE Systems (LON: BA), together with Stellar Blu Solutions, has announced the successful completion

Asktraders News Team
Informa to Acquire Ascential for £1.2bn

Informa (LON: INF), a leading exhibitions and events group, has agreed to acquire rival Ascential (LON: ASCL) for £1.2 billion, the companies announced Wednesday. Ascential

Handshake of businessmen
Sam Boughedda
EasyJet Shares Jump After Revenue Rises 11% in Q3

EasyJet's (LON: EZJ) share price surged over 9% at the open on Wednesday after the company reported a strong third quarter with revenue rising 11% to £2.6 billion.

Sam Boughedda
Up 16% in July, Is RS Group (LON:RS1) Ready To Break Out?

RS Group shares (LON:RS1) have witnessed a 16% increase in its price on the London Stock Exchange (LSE) since the 1st July. This recent uptick has brought the company's stock clos

RS Group Logo
Asktraders News Team
Indivior Shares (LON: INDV) Get Bullish Coverage Initiation From Piper Sandler

Shares of Indivior PLC (LON: INDV) are on the move today, with a positive nudge of 3.5% to their market value. The leader in addiction medicine is attracting analyst attention with Piper Sandler initiating coverage with an Ov

avatar
Asktraders News Team
FTSE 250 Index Gains Favour As Markets Shift

As financial markets continuously adapt to changing economic conditions, the mid-cap stocks of the FTSE 250 index have once again come under the spotlight. With the 250 gaining more than 10% over the past year, and the 100 ad

UK short
Asktraders News Team
AstraZeneca Earnings: Here’s What to Expect

AstraZeneca (LON: AZN) is set to report its second-quarter and first-half results before the open on Thursday, July 25. The key question on investors' minds: can AstraZeneca maintain the strong performance it delivered in the

AstraZeneca
Sam Boughedda
Unilever Ice-Cream Unit Priced Too High, Says Analyst

Unilever's (LON: ULVR) plan to sell its ice cream unit in 2025 may face a bumpy road due to a potential price mismatch, according to Jefferies analyst David Hayes. While Un

Unilever-office-sign
Sam Boughedda
Rentokil Shares (LON: RTO) Jump 11% as Potential Takeover Reported

Rentokil Initial shares (LON: RTO) have bounced over 11% through this morning's trading session, amidst reports of a potential private equity takeover bid being orchestrated by former BT CEO Philip Jansen.

Rentokil Initial logo
Asktraders News Team
Entain’s Executive Shift: Gavin Isaacs Takes the Helm

Entain (LON: ENT), the FTSE 100 gambling giant, has announced a significant leadership change with the appointment of industry stalwart Gavin Isaacs as its new Chief Executive Officer, effective from September.

entain logo with ladbrokes coral and gala
Asktraders News Team
Vodafone Sells Further 10% Stake in Vantage Towers for €1.3bn

Vodafone Group (LON: VOD) announced Monday that it has completed the sale of another 10% stake in Oak Holdings, the joint venture controlling Vantage Towers, for €1.3 billion.

Vodafone store
Sam Boughedda
FTSE 100 Rises as Markets React to Weekend Events

It is a strong start to the week for the FTSE 100 on Monday, July 22, 2024, with the index currently up 0.48% to 8,194.25 just after the opening bell as investors react to the weekend’s events, including US President Joe Bide

Sam Boughedda
Revolut Founder Moves to Sell $500M in Shares

In a significant financial move, Nik Storonsky, the founder and chief executive of the leading fintech company Revolut, is set to sell part of his stake in a deal valued at $500 million. This decision comes amidst the backdro

revolut logo
Asktraders News Team