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GSK Starts Appeal Process for Zantac Ruling

Drugmaker GSK (LON: GSK) said Tuesday that it is appealing a recent Delaware court decision that allowed certain expert testimony to be used in ongoing lawsuits over Zantac (ranitidine).

GSK
Sam Boughedda
Down 9% YTD, Land Securities Share (LAND.L) Price Target Cut

Land Securities Group shares (LON: LAND) have had a difficult start to 2024, with the stock price down 9% YTD. A recent price target revision to the downside at Berenberg Bank is not as bad as might first seem, when consideri

Asktraders News Team
Value In Vodafone Shares (LON: VOD) With Dividend Cut Looming?

The Vodafone share price (LON: VOD) has undeniably seen better days. Once a beacon of Europe's market, now its share price stands at a humble 71.5p, a drastic contraction from its maximum heights around the turn of the millen

Asktraders News Team
FTSE 100 Slides: Key Events to Watch This Week

The FTSE 100 has started the week on the back foot, currently down 0.6% to 8,196.35 in early Monday trading on June 10, 2024, following Friday’s 0.48% decline, which saw London’s blue-chip index closed down almost 40 points a

Sam Boughedda
GSK’s RSV Vaccine Approved By FDA For High-Risk Adults in Expanded Age Range

GSK's (LON: GSK) RSV vaccine, Arexvy, has been approved by the FDA for use in adults aged 50-59 who are at increased risk of severe RSV outcomes, the company said late Friday.

GSK Office
Sam Boughedda
UK House Prices ‘Static’ in May, But Stability Should Instil Confidence – Halifax

Halifax said May 2024 house prices were "static," edging slightly lower from April. In its House Price Index, Halifax revealed average house prices were stable during the month, down just -0.1% to £288,688, from £288,862 the

Sam Boughedda
Bellway Shares (LON: BWY) Up Early As Firm Raises Average Selling Price Outlook

Bellway plc (LON: BWY) reported a positive trading update for the period from February 1 to June 2, 2024, indicating stronger demand and an improved outlook for the housebuilder. The Bellway share price has traded up on the g

Bellway Homes
Sam Boughedda
Deutsche Bank Optimistic on Rio Tinto Amid Copper Rally

In a recent update, Deutsche Bank has adjusted its target for shares in global mining giant Rio Tinto (LON : RIO), as copper prices experience a robust surge. The target for

Rio Tinto facility
Asktraders News Team
LON: BPT – Bridgepoint Chair William Jackson to Exit

Bridgepoint Group (LON: BPT), a prominent asset manager, has announced a significant shift in its leadership as founder and outgoing chair William Jackson prepares to step down from his role on the board this summer. Jackson,

Bridgepoint PLC logo
Asktraders News Team
Fever-Tree Shares Jump as Brand Continues to Drive Market Share Gains

Fever-Tree (LON: FEVR), the premium drink mixer brand, saw its stock rise 3% at Thursday's opening bell, fuelled by continued market share growth.

Sam Boughedda
BHP Group Has ‘Attractive Valuation’ Says Goldman Sachs

Investment bank Goldman Sachs has identified BHP Group as having an "attractive valuation" in a note this week.

bhp group bhp mines
Sam Boughedda
Shorted Stocks in the UK – Which Names Make The Most ‘Unwanted’ List

Short-selling is a controversial topic but one that investors need to know about. The practice involves selling shares in a company that you don’t already own, in the expectation that at some later date, the price will have f

UK short
Asktraders News Team
FTSE 250 Dips Slightly As 100 Gains – Rate Cut Expectations Growing

London stocks have endured a mixed start to Wednesday, following a weaker-than-expected report on US jobs. The FTSE 100 index was up 0.288% at 8,255 as speculation over upcoming rate cuts by major central banks, yet the FTSE

uk stock market person holding union jack
Asktraders News Team
Carnival Corp (CCL) Shares: Analysts Get More Bullish on The Stock

Carnival Corp (LON: CCL) has had to navigate a turbulent last few years. However, with what looks like clear skies ahead, analysts are turning bullish on the cruise line giant.

Carnival cruise ship
Sam Boughedda
B&M Revenue Rises 10%, ‘Volume Driving Profitable Growth’

Discount retailer B&M European Value Retail (LON: BME) reported Wednesday that FY24 revenue rose 10.1% to £5.5 billion for the financial year ending March 30th, 2024.

B&M European Value Retail store
Sam Boughedda
Darktrace (LON: DARK) and Vistry Group (VTY) Contending For FTSE 100 Inclusion

The FTSE 100, the index representing the 100 largest companies listed on the London Stock Exchange, has its rebalancing coming tomorrow (with data used from close of markets today). Adjustments to the index occur quarterly, r

Darktrace photo
Asktraders News Team
FTSE 100 Dips Amid Weaker Retail Sales – India Stock Markets Suffer, Wiping Out Gains

London's stock market face a gloomy start on Tuesday morning, as the FTSE 100 index trades down 0.68% through the early hour

markets-ftse100
Asktraders News Team
How do the stocks of broker platforms compare? RobinHood (HOOD), IBKR, IG (IGG.L)

The broker platforms that you trade or invest upon can actually be pretty strong companies to consider owning a part of. In a market which has a hugely shifting demographic dynamic, we take a look at three listed brokers, and

laptop with floating trading platform images
Asktraders News Team
Pets at Home Shares Rally – Here’s Why

Pets at Home's (LON: PETS) shares continued to rally Monday following last week's FY24 earnings. The stock was given a further boost following an upgrade by one investment firm.

Pets at Home store
Sam Boughedda
Ceres Power Awarded Further Shell Contract For Green Hydrogen

Ceres Power Holdings (LON: CWR) announced Tuesday that it has secured a new contract with Shell (LON: SHEL) to advance green hydrogen production.

Hydrogen Power
Sam Boughedda
Barclays Stock (BARC.L) Rise Continues As Year High Now Up At 224.30p

Barclays PLC (LON:BARC) began the trading week on a high note, reaching a new 52-week peak. On Monday, shares of the banking gi

Barclays
Asktraders News Team
AG BARR Shares (LON: BAG) Hit New 52 Week High

A.G. BARR share price hit a new 52 week high today before falling into negative territory on the day. The renowned soft drink and cocktail maker hit the new milestone with the stock reaching GBX 637, marking the new high earl

Asktraders News Team
GSK Shares (GSK.L) Drop, Weighing On UK Index

Pharmaceutical major GSK's share price (LON:GSK) plummeted nearly 9% in morning trading following a crucial ruling by a U.S. judge that may pave the way for litigation

Stock Exchange
Asktraders News Team
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