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Barclays Stock a Top Pick at Morgan Stanley – UK Banking Resilience Stands Out

In a note covering bank stocks on Thursday, Morgan Stanley analysts picked out Barclays (LON: BARC) as a new top pick, citing the resilience of the UK banking sector as a key factor.

Barclays
Asktraders News Team
Hargreaves Lansdown To Be Acquired For £5.4bn By Private Equity Consortium

Hargreaves Lansdown, the prominent UK-based investment platform, is set to be acquired by a consortium of private equity heavyweights, the company announced Friday. Harp Bi

Hargreaves Lansdown review
Sam Boughedda
Rio Tinto Share Price Target Get’s Boost From Barclays to 6,250 GBp

Rio Tinto's share price closed the day completely flat yesterday, after gapping down on the open. The global mining giant, listed on the London Stock Exchange under the tic

Rio Tinto Shares
Asktraders News Team
BT Shares (LON: BT.A) Down 5% As Markets Highlight Concerns

BT Group shares (LON: BT.A) took a significant downturn in early trading today, with a 5% drop putting the stock amongst the LSE's worst performers on the day. Markets are

BT Group
Asktraders News Team
NatWest Shares (NWG) Making Moves As Bank Seeks To Offload Risk to Sustain Dividends

NatWest share price (LON: NWG) is a big mover today on the London Stock Exchange, but in the wrong direction for holders, down 3.08%.

Natwest branch
Asktraders News Team
FTSE Stumbles Out The Gate, Nikkei 225 Losses Amount To 14% Over 1 Month

In a continuation of recent market volatility, the FTSE 100, a benchmark index for the UK stock market, opened lower by shedding almost 1%, a decline of 76 points, to stand at 8,090. This downturn wiped out most of the gains

Asktraders News Team
Deliveroo Shares Jump After Reporting H1 Profit, Announcing Share Buyback

Deliveroo (LON: ROO) shares surged more than 6% at the open on Thursday after the company reported a positive profit and free cash flow for the first half of 2024. [stock_mark

Deliveroo driver
Sam Boughedda
BP Shares: RBC Capital Cuts Stock as Balance Sheet ‘Should Be Healthier’

BP (LON: BP.) was downgraded from Outperform to Sector Perform by RBC Capital in a note this week, with the investment bank als

BP oil
Sam Boughedda
Rolls-Royce Share Price Gains Reach 60% YTD As Firm Bags Engine Order from Cathay Pacific

Rolls-Royce share price (LON: RR) has gained 1.9% through early trading in London, bringing YTD gains up to an impressive 60%.

Rolls Royce logo
Asktraders News Team
FTSE 100 Index Sees Solid Gains as BOJ Eases Investor Concerns

In the early trading hours of Wednesday, the FTSE 100 experienced a notable increase, largely driven by remarks from Bank of Japan Governor Shinichi Uchida. At the ti

uk stock market person holding union jack
Asktraders News Team
Abrdn Share Price (LON: ABDN) Back Within Range As Dividend Announced

Abrdn plc (LON: ABDN), the well-known asset management firm, announced its plan to pay a dividend to shareholders. Those listed as stockholders on record by Thursday, August 15th, will benefit from a payout of 7.30p per share

Abdrn Logo
Asktraders News Team
Rivian Stock (NASDAQ: RIVN) Pulling Back As Earnings Beat & Analysts Price Targets Rise

Electric vehicle manufacturer Rivian Automotive stock price (NASDAQ: RIVN) has experienced a notable pullback in recent days, despite bullish movements from analysts. RIVN stock is trading down 9.5% over the past 5 trading se

Rivian logo
Asktraders News Team
BAE Systems Wins Air Force Contract

The Air Force Research Laboratory has awarded BAE Systems (LON: BA) a $48 million contract to further enhance the military's intelligence analysis capabilities by advan

BAE systems logo
Asktraders News Team
WPP Agrees Deal to Sell Majority Stake in FGS Global For $1.7bn

Advertising giant WPP (LON: WPP) announced the sale of its majority stake in strategic communications firm FGS Global in a press release Monday. The company said it will se

Sam Boughedda
Haleon Stock: Goldman Cautious, Berenberg Bullish

After a strong run over the last month or so, Haleon (LON: HLN) shares were downgraded by analysts at Goldman Sachs in a recen

Haleon stock
Sam Boughedda
UK Chancellor Aims To Entice Wall Street Investors To London Markets

In an assertive move to attract foreign investments into the United Kingdom, Chancellor Rachel Reeves embarked on a strategic journey to North America, meeting key industry leaders in New York and Toronto. This overseas ventu

Rachel Reeves
Asktraders News Team
Down 25% YTD, Capita Shares (LON: CPI) Trimmed By Deutsche Bank

Capita shares (LON: CPI) have gained 2.6% today but remain firmly in the red on recent trends, with the last 5 days of trading amounting to some 14.8% in losses. The UK-ba

Capita Office Cheltenham
Asktraders News Team
Analysts Downgrade Lloyds Banking Shares Following H1 Results

Lloyds Banking Group (LON: LLOY) has faced downgrades from analysts at Citi, UBS and RBC Capital following the release of its

Sam Boughedda
Will IAG Shares Climb Now Dividends Have Been Reinstated?

IAG (LON: IAG), the parent company of British Airways and Iberia, delivered a strong first-half performance, buoyed by robust

how to buy iag shares 2023
Sam Boughedda
Rightmove Shares Slide: Maintains Guidance Despite OpenRent Termination

Rightmove (LON: RMV) shares have taken a hit today, falling more than 3%, following the announcement of its contract termination with OpenRent. The online lettings agent wi

Sam Boughedda
Buffett Cuts Apple In Half

In a move that caught the investment world by surprise, Berkshire Hathaway, led by iconic investor Warren Buffett, substantially reduced its holdings in tech giant Appl

Berkshire Hathaway Logo
Asktraders News Team
Rolls-Royce to Sell Stake in Mini-Nuclear Power Stations Business

Rolls-Royce (LON: RR.) is considering selling a share in its mini-nuclear power stations venture, according to a report from the Sunday Telegraph. The company is considering a "range of options."

Rolls Royce logo
Sam Boughedda
FTSE 100: Equities Decline as Last Week’s Sell-Off Continues

The FTSE 100 and European equities have started the week beginning Monday, August 5, 2024, negatively, picking up where they left off last week. The FTSE 100 is currently down more than 2% shortly after the opening bell. On F

Bank of England
Sam Boughedda
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