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British Biotech OCTP Shares (Oxford Cannabinoid) Delisting from LSE

Oxford Cannabinoid Technologies Holdings (OCTP) has announced plans to delist from the London Stock Exchange (LSE). The pharmaceutical firm, specializing in cannabinoid-based therapies, cited a sense of being undervalued on t

reasons for delisting a stock
Asktraders News Team
UK Fuel Costs Rise as Retail Margins Hit Highs

UK motorists are facing an increase in fuel costs, with prices for petrol and diesel having risen by 10p per litre in the current year. This trend has added approximately £5.50 to the cost of filling up a typical family vehic

Asktraders News Team
A Glencore Bid For Anglo American Wouldn’t Surprise BofA

A report from Reuters last week stated that commodities firm Glencore (LON: GLEN) is assessing a potential approach for Anglo American (LON: AAL), a move that would not surprise analysts at Bank of America. 

glencore plc glen mining
Sam Boughedda
JD Wetherspoon Shares Rise as Sales Continue Recovery

Investors reacted positively to J D Wetherspoon's (LON: JDW) trading update for the 13-week period ending April 28 on Wednesday. The update indicated a steady recovery in sales following pandemic-induced challenges, helping p

JD Wetherspoons pub location
Sam Boughedda
Boohoo: Revenue Drops 17% Amid ‘Challenging Market Backdrop’

Online fashion retailer Boohoo (LON: BOO) reported its full-year results for the 12 months ended February 29 on Wednesday, marked by a significant 17% decline in revenue compared to the previous year, reflecting the hurdles p

Boohoo
Sam Boughedda
FTSE 100 Closes At Record High – Recap Of Tuesdays’ Big Movers

London's premiere stock index, the FTSE 100, hit 52 week highs before setting the stage for a record close at 8313, marking a significant 100-point rise (1.22%) in Tuesday's session. Let's take a quick skim through yesterdays

Asktraders News Team
BAE Systems (LON: BA) and Eaton Boost EV Offerings for Trucks

BAE Systems and power management company Eaton have announced an expansion of their strategic partnership, under which they will develop enhanced electric vehicle (EV) systems for heavy-duty trucks. This move will intensify t

BAE Systems Shares
Asktraders News Team
Shell Eyes $1 Billion Sale Of Malaysia Stations To Saudi Aramco

Royal Dutch Shell (LON: SHEL), the global oil giant, is currently in discussions with Saudi oil major Aramco to sell its gas station operations in Malaysia. Whil

Shell
Asktraders News Team
BP Profits Shrink Amid Refinery Woes – Markets Unmoved

Energy giant BP reported a steep 40% drop in first-quarter earnings, which came in at $2.7 billion. This underperforming figure fell short of analyst expectations and marked a significant downturn from the company's financial

BP
Asktraders News Team
The FTSE 100 Jumps – Here’s What to Watch This Week

The FTSE 100 has started today's session and this shortened trading week on the front foot, climbing 1% to 8,293.35 in early Tuesday trading on May 7, 2024, following Friday’s 0.51% rise, which saw London’s blue-chip index cl

Stock Exchange
Sam Boughedda
IAG Q1 Earnings – What to Expect

International Consolidated Airlines Group (LON: IAG) is set to report its first-quarter earnings this week on Friday, May 10. The release will be closely watched and, if positively received, may provide IAG shares with the pl

British Airways IAG
Sam Boughedda
UK Markets – Looking Ahead To The Four-Day Week

With the Early May public holiday giving us a little extra time away from the office to enjoy spring, markets gear up for a condensed four-day week with a flurry of updates from UK listed names. Despite the shorter trading pe

eg group shares
Asktraders News Team
Haleon: Analyst Bullish as Underlying Performance ‘Looks Strong’

According to Barclays analysts, Haleon's (LON: HLN) underlying performance looks strong. The bank reacted to the Advil and Sensodyne maker's first-quarter trading statement, released Wednesday. 

Haleon stock
Sam Boughedda
Trainline Ticket Sales Jump as New Carrier Competition ‘Revolutionising Rail in Europe’ 

Rail ticket platform Trainline (LON: TRN) reported its results for the 12 months ended February 29, on Friday, showcasing a significant surge in ticket sales, driven by new entrant carrier competition and robust growth in the

Trainline logo office
Sam Boughedda
St James’s Place Shares Are Down 37% This Year – Here’s Why

St James's Place (LON: STJ), the wealth management firm, has seen its share price tumble 37.36% so far in 2024. As of May 2, shares are trading at just 432.4p, a notable drop from the year's highs. But what's behind this decl

Sam Boughedda
Revolution Bars Confirms Talks With Rival Nightcap

Revolution Bars Group (LON: RBG) officially responded to recent speculation regarding talks with Nightcap plc on Thursday, confirming an "exploratory meeting" between the two parties.

Sam Boughedda
Here’s Why Kingfisher and Ocado are 2 of the Most Shorted London-Listed Stocks

Despite the recent performance of the FTSE 100, which has hit new highs in recent days, two companies in the blue-chip index have come under some selling pressure. Kingfisher (LON: KGF) and Ocado (LON: OCDO) are two of the mo

Sam Boughedda
GSK Makes Strong Start to 2024, Q1 Sales Rise 10%

Pharmaceutical giant GSK (LON: GSK) said it has kicked off 2024 on a high note, reporting a robust 10% increase in total sales for the first quarter, with an even more impressive 13% rise excluding COVID-related products. 

GSK Office
Sam Boughedda
JD Sports: Hibbett Deal Raises Execution Risk Concerns

JD Sports (LON: JD.) shares dipped almost 3% Monday after analysts at Barclays and Deutsche Bank released notes covering the stock, relaying their concerns regarding the recently announced deal to acquire Hibbett. 

Sam Boughedda
Hargreaves Lansdown Revenues Rise as Momentum Continues into April

Hargreaves Lansdown (LON: HL.) reported a robust performance for the three months ending March 31, 2024, with revenue reaching £199.7 million, marking a 6% increase compared to the same period last year.

Hargreaves Lansdown review
Sam Boughedda
FTSE 250 Outperforms the 100 on a Solid Day for UK Markets, Fed Incoming

London's stock markets ended trading on Monday in the green, with the FTSE 250 outperforming the 100. This positive move comes as market players await remarks from the US Federal Reserve, which is commencing its policy meetin

Asktraders News Team
Eagle Eye Solutions Shares Take Flight on New Tesco Personalised Promotions Contract

Shares in digital marketing specialist Eagle Eye Solutions Group PLC (LON:EYE) surged by 3.14% up 14.75 points this afternoon following the announcement of a new contract with grocery giant

Tesco clubcard
Asktraders News Team
The FTSE 100 Continues to Climb – What to Watch This Week

The FTSE 100 showed a promising start to the week, climbing to 8,171.65 in early Monday trading on April 29, 2024, rising 0.39%, following Friday’s 0.75% rise, which saw London’s blue-chip index closed up 60.97 points at 8139

Big Ben, London the UK
Sam Boughedda
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