UK Stock News
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.
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.
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.
Aviva Reports Strong Growth in Q1
Aviva (LON: AV.) reported solid first-quarter results for 2024, showcasing robust growth across its diversified business model.
Royal Bank of Canada Reaffirms Compass Group’s (CPG) Share Price Target
Compass Group shares (LON:CPG) have been trading within a range over the past 12 months, with -0.17% over the period giving an indication of the firm being back where it started last year, but with the stock coming off 52 wee
GSK’s Depemokimab Could Be Set to Transform Asthma Treatment
In a significant breakthrough for the treatment of eosinophilic asthma, GlaxoSmithKline's (GSK) experimental drug, Depemokimab, has achieved its primary goal in a late-stage trial by significantly reducing asthma attacks. Thi
Superdry Readying Emergency Sale Process – Report
According to a report by Sky News on Tuesday, Superdry (LON: SDRY) is readying an emergency four-week sale process if creditors stop its founder's plans to put up to £10 million of his own money into the fashion chain in an a
Marks & Spencer Profits Jump as Food Delivers Market-Leading Volume Growth
Marks & Spencer Group (LON: MKS) reported a substantial increase in profits for the fiscal year ending March 30, 2024, driven by significant growth in its food segment.
AstraZeneca Shares (LON: AZN) Strong Into The Close On Lofty 2030 Revenue Goals
Shares of AstraZeneca (LON: AZN), the multinational pharmaceutical giant, saw a notable increase in the UK market during the Tuesday afternoon trading sessi
UK Grocery Inflation Eases to 18-Month Low
There has been a recent deceleration in UK grocery price inflation, delivering a measure of reprieve to consumers. As of the latest figures, supermarket prices have risen by 2.4% compared to the same period last year. This ma
Wizz Air Earnings: Will Headwinds Weigh on Summer Bookings?
Low-cost airline Wizz Air (LON: WIZZ) is set to publish its full-year 2024 results on Thursday, May 23, and with the company having faced some headwinds, all eyes will be on summer bookings.
Advanced Energy Makes £571m Cash Offer to Acquire XP Power
Advanced Energy Industries (NASDAQ: AEIS), a precision power conversion, measurement, and control solutions company, announced a potential all-cash offer to acquire XP Power Limited (LON: XPP) for £571 million on Tuesday.
B&Q Owner Kingfisher Sees Share Gains But Q1 Sales Slightly Lower
Kingfisher plc (LON: KGF) reported its first quarter trading statement on Tuesday. The statement indicated that trading was in line with expectations, and the company maintained its full-year guidance.
Microsoft (MSFT) Enters Partnership With UK Supermarket Chain Sainsbury’s (SBRY)
Microsoft Corp (NASDAQ: MSFT) and Sainsbury’s (SBRY.L), the second-largest chain of supermarkets in the United Kingdom, have
AstraZeneca to Build $1.5 Billion Manufacturing Facility in Singapore
On Monday, AstraZeneca (LON: AZN) announced plans to construct a $1.5 billion manufacturing facility in Singapore. The facility will be dedicated to producing antibody drug conjugates (ADCs).
Marks & Spencer Earnings: Will the Retailer Top Expectations?
Marks & Spencer (LON: MKS) is set to announce its preliminary results on Wednesday, May 22, and with its turnaround gaining attention amongst consumers, analysts and investors are somewhat optimistic ahead of the release.
Hilton Food Group ‘Well-Positioned’ For Year Ahead Despite Challenging Conditions
Multi-protein food business Hilton Food Group (LON: HFG) reported a solid trading performance in an update Monday.
Down More Than 85% From Highs, Is Ocado Stock (LON: OCDO) A Buy?
Ocado Group plc, the UK-based online grocery expert and technology firm, has seen its share price (OCDO.L) plummet by more than 85% since the highs of early 2021. Having r
GSK Finalises £3.9 Billion Haleon Sale – £1.25Bn Tranche Completes Divestment
Both GSK shares (LON: GSK) and Haleon Plc (LON: HLN) are down this morning, as the FTSE 100 and UK markets start the day with a dip. News impacting both firms came through today, confirming what had been planned for some time