UK Stock News
JD Sports Earnings: Revenue Climbs Despite ‘Challenging Market’
JD Sports Fashion (LON: JD.) reported its unaudited FY24 results on Friday. The company's revenue increased by 2.7% for the 53 weeks ending February 3, 2024, reaching £10.54 billion.
Diageo Shares (DGE.L) Hit New 52-Week Low, But Why The Drop In Sentiment?
Diageo plc (LON:DGE), a global leader in alcoholic beverages, experienced a notable downturn in its stock performance, as the price plunged to a 52-week low of GBX 2,563 during Thursday's trading session before rallying to cl
Potential Shein IPO Under Scrutiny From British Lawmakers Over ESG
Concerns have been raised by the chairs of three UK parliamentary committees regarding Shein's anticipated initial public offering (IPO) in
Marks & Spencer Appoints New CFO
Marks & Spencer Group (LON: MKS) announced the appointment of Alison Dolan as its new Chief Financial Officer (CFO) late in the day on Wednesday.
Auto Trader Revenue Rises, Anticipates Another Year of Strong Progress
On Thursday, Auto Trader Group (LON: AUTO), the leading UK car marketplace, announced a 14% increase in group revenue to £570.9 million for the fiscal year ending March 31, 2024.
Dr. Martens Revenue, Profit Tumbles on Continued Weak USA Demand
Dr. Martens (LON: DOCS) reported a significant decline in revenue and profit for the fiscal year ending March 31, 2024, primarily driven by weak consumer demand in the USA.
Ocado Shares Surge But Stock Set to Drop Out of FTSE 100
Ocado (LON: OCDO) shares jumped more than 9% Tuesday, adding to its more than 6% gain on Friday, but after six years, the company is set to drop out of the FTSE 100.
BHP Seeks Further Extension of Deadline For Anglo American Offer
On Wednesday, BHP Group (NYSE: BHP) said it was seeking an additional extension to the deadline for its potential Anglo American (LON: AAL) takeover offer. The original deadline was set for May 29, 2024.
Royal Mail Owner IDS Agrees to £3.6bn Takeover Deal
Royal Mail's parent company, International Distributions Services (LON: IDS), announced Wednesday that it has agreed to a £3.57 billion takeover offer by Czech billionaire Daniel Kretinsky's investment company EP Group.
Shell Faces Shareholder Split on Climate Plan
With holders of Shell stock (LON: SHEL) having seen growth of more than 21% over the past 12 months, you might expect complete alignment between the board and sh
FTSE 100 Faces Downward Pressure After Extended Weekend
The FTSE 100 index, a benchmark for the UK's largest publicly traded companies, has slipped below the 8300 threshold, a leve
Barclays Share Price (LON: BARC) Hits New 52-Week High
Barclays shares (LON:BARC) achieved a significant milestone during Tuesday's trading session by reaching a new 52-week high. The British multinational bank’s
Revolution Bars Rejects Nightcap Proposal, Says its ‘Incapable of Being Delivered’
Revolution Bars Group (LON: RBG) rejected a takeover proposal from competitor Nightcap on Tuesday, calling it "incapable of being delivered."Â
Pets at Home Earnings: Here’s What to Expect
Pets at Home (LON: PETS) is set to report its preliminary full-year 2024 results on Tuesday, May 29, and with the stock down over 14% this year, investors will be hoping for positive news to boost the share price.
LON: ABDN – Abrdn CEO Steps Down, Share Price Follows
A significant leadership change at Abrdn was announced today, as the stock price (LON: ABDN) dips 0.96%, compounding losses seen over the past 12 months. Stephen Bird, the chief executive of the investment company, made the d
National Grid Stock (NG.L) Dives After Cap Cut Adds To Negative Rights Issue Sentiment
Shares of National Grid PLC (LON:NG) are trading down by 9.33% in early trading following a substantial cut to the energy price cap announced by Ofgem, the
Intertek Start to 2024 Boosted by Strong Recovery in Consumer Products
Intertek (LON: ITRK) reported a robust start to 2024, with an impressive 7% like-for-like (LFL) revenue growth from January to April.Â
Wood Group Rejects Third Acquisition Proposal from Sidara
Wood Group (LON: WG.) announced Friday that it had received a third unsolicited, preliminary and conditional proposal from Dar Al-Handasah Consultants Shair and Partners Holdings Ltd (Sidara) on Tuesday.Â
Scottish Mortgage Shares (LON:SMT) Up 2.7% Today, Close To 52 Week Highs
Scottish Mortgage (LON:SMT) saw its shares climb by 2.7% to 893p, approaching 52-week highs on the back of its robust full-year financial results. This uptrend reflects increased investor confidence in the FTSE 100-listed inv
National Grid Share Price (LON:NG) Plunges As Massive UK Rights Issue Announced
National Grid share price (LON:NG) has dipped hard today, down more than 11% following the announcement of a new UK rights issue. The British utility's decision to launch the rights issue comes as part of an ambitious plan to
LON:RIO – Investor Push for Rio Tinto London Exit
Rio Tinto, a leading global mining group, is facing pressure from activist investor Palliser Capital to abandon its primary listing on the London Stock Exchange (where it is listed under
Wizz Air Shares Jump After Returning to Profit in 2024 – Demand ‘Remains Robust’
Wizz Air Holdings (LON: WIZZ) shares jumped more than 6% Thursday after announcing a return to profitability for the fiscal year ending March 31, 2024.
Hargreaves Lansdown Rejects Takeover Approach From Consortium Including CVC Advisers
London-listed broker Hargreaves Lansdown (LON: HL.) revealed Thursday that it has recently rejected two takeover approaches by a consortium.Â
