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HgCapital Trust Share Price Traded Sideways on Its Annual Report

The HgCapital Trust plc (LON: HGT) share price was trading sideways after the company released its annual results for the year ending 31 December 2023. HgT offers investors a unique opportunity to channel their investments in

HgCapital Trust Plc logo
Simon Mugo
Ferrexpo’s Share Price Dropped 10.1% on FPM Ukraine Debt Issues

The Ferrexpo Plc (LON: FXPO) share price dropped by 10.1% after the company acknowledged recent media conjectures regarding an application submitted by LLC PCC "Kysen" to initiate creditor protection proceedings against Ferre

Ferrexpo plc trucks
Simon Mugo
Currys’ Shares Plunged 12% After Elliott Withdrew Its Takover Offer

The Currys PLC (LON: CURY) share price plunged 12% after Elliott Advisors (UK) Limited, a prominent investment advisor acting on behalf of the investment funds under its guidance (Elliott), publicly announced its decision aga

Currys store
Simon Mugo
Currys Share Price Fell 2.13% on Kostovolos’ Takeover Approval

Currys PLC (LON: CURY) 's share price fell 2.13% after the Public Power Corporation S.A. officially approved the acquisition of Dixons South East Europe A.E.V.E., the parent company for Currys' operations in Greece and Cyprus

Simon Mugo
Petrofac Share Price Surged 14% on a $200M Gas Contract Award

Petrofac Ltd (LON: PFC) 's share price surged 14% after it secured an operations agreement with Turkemengas for the Galkynysh Gas Field in Turkmenistan. The deal spans three years and is worth over $200 million and encompasse

Petrofac staff on site1
Simon Mugo
Just Group Share Piece Rallied 9.33% on Upbeat FY 2023 Profits

The Just Group PLC (LON: JUST) share price rallied 9.33% after the company released its financial results for the year ended 31 December 2023. The company witnessed a massive 47% increase in underlying operating profit, reach

Just Group logo
Simon Mugo
Frasers Group’s Share Price Fell 2.27% on MATCHES Insolvency

The Frasers Group PLC (LON: FRAS) share price fell 2.27% after the company announced that the directors of MATCHES had agreed to put the company into administration. Frasers acquired Matchesfashion in December 2023 for £50 mi

Frasers outlet
Simon Mugo
Rentokil Initial’s Share Price Gapped 16.6% on Its FY 2023 Results

The Rentokil Initial plc (LON: RTO) share price gapped 16.63% on its 2023 financial results release. The Group's revenue saw a significant increase of 45.8%, with Statutory Revenue rising by 44.7%. The Organic Revenue experie

Rentokil Initial logo
Simon Mugo
Entain Share Price Fell 9.66% on the Full-Year 2023 Fiscal Results

The Entain PLC (LON: ENT) share price fell 9.66% after the company released its financial results for the 2023 financial year ended 31 December 2023. The company reported that its group Net Gaming Revenue (NGR), including Bet

Entain Division Ladbrokes
Simon Mugo
Strategic Shifts Buffer ITV Against Revenue Downturn – Share Price Reacts Positively

ITV, the U.K.'s renowned commercial broadcaster, has reported a dip in its financial health for the year 2023, with total group revenue receding by 2% and total external revenue declining 3% to £3.6 billion. The broadcaster f

ITV
AskTraders Team
Virgin Money Share Price Soared 37.6% on a £2.9Bn Takeover Offer

Virgin Money UK PLC (LON: VMUK) 's share price soared 37.6% after it was announced that it had agreed to be acquired by Nationwide Building Society for a cash consideration of 220p per share. The agreed-upon price values the

Simon Mugo
Aviva Share Price Rallied 6.54% on Its Upbeat FY 2023 Results

Aviva plc (LON: AV) 's share price rallied 6.54% after the company released its full-year trading results for the year ended 31 December 2023. The company experienced a robust year of profitable expansion, with notable improv

Aviva Plc Office
Simon Mugo
Breedon Group’s Shares Rallied 7.11% on $300M BMC Acquisition

The Breedon Group PLC (LON: BREE) share price rallied 7.11% after unveiling plans to acquire another firm for US$300 million. The company announced its strategic acquisition of BMC Enterprises Inc., a key player in the supply

Breedon Group staff
Simon Mugo
DS Smith’s Share Price Dipped 1.18% on Latest Q3 FY ’24 Update

The DS Smith plc (LON: SMDS) share price dipped 1.18% after issuing an update on its performance in the third quarter of fiscal 2024. The company provided an update on its trading activities for the period starting on Novembe

DS Smith logo
Simon Mugo
Tullow Oil’s Share Price Fell 2.24% on Weaker FY 2023 Profits

The Tullow Oil plc (LON: TLW) share price fell 2.24% after its 2023 full-year results were released. The group reported that its oil and gas production under working interest averaged 62.7 thousand barrels of oil equivalent p

Tullow Oil Site
Simon Mugo
Legal & General Share Price Dropped 4.84% on Its FY ’23 Results

The Legal & General Group Plc (LON: LGEN) share price fell 4.84% after releasing its full-year 2023 results. The company reported a slight increase in its operating income to £1,667 million from £1,663 million in the prev

Legal & General logo.
Simon Mugo
Travis Perkins’ Shares Fell 6.27%, Then Rallied on FY ’23 Results

The Travis Perkins plc (LON: TPK) share price alternated between gains and losses after releasing its full-year results for the year to 31 December 2023. In a year marked by complicated market dynamics, the company has focuse

Travis Perkins store
Simon Mugo
Fresnillo Share Price Rallied 4.25% on Its Upbeat FY 2023 Results

The Fresnillo Plc (LON: FRES) share price rallied 4.25% after releasing its financial results for the year ended 31 December 2023. The company reported that its adjusted revenues saw a 10.5% increase from 2022, attributed to

Fresnillo mine
Simon Mugo
Spirent Communications Shares Soared 59.5% on £1Bn Takeover

The Spirent Communications Plc (LON: SPT) share price soared 59.5% after announcing that the leadership teams of Viavi, Bidco, and Spirent are delighted to declare that they have agreed on the terms for a recommended all-cash

Simon Mugo
Greggs’ Share Price Rose 3.50% on Its Upbeat FY 2023 Revenues

The Greggs plc (LON: GRG) share price rose 3.50% after releasing its preliminary results for the 52 weeks ended 30 December 2023. The company’s overall revenue increased by 19.6% compared to 2022, with same-store sales in com

Greggs store
Simon Mugo
Clarkson Share Price Rallied 4.3% on Upbeat Full-Year ’23 Results

The Clarkson PLC (LON: CKN) share price rallied 4.3% after releasing its preliminary results for the 12 months ended 31 December 2023. The company achieved an unprecedented underlying profit before taxes, reaching £109.2 mill

Clarksons vessels
Simon Mugo
Halma Share Price Fell 0.67% on the Rovers’ Acquisition for €85M

The Halma plc (LON: HLMA) share price fell 0.67% after announcing that it had acquired Rovers Medical Devices B.V. (Rovers). The company noted that Rovers is at the forefront of developing and producing specimen collection to

Halma Office
Simon Mugo
Aviva Shares Fell 1.25% After Acquiring Lloyd’s Probitas for £242M

The Aviva plc (LON: AV) share price fell 1.25% after announcing its strategic move into Lloyds's insurance market by purchasing Probitas for a sum of £242 million. This deal encompasses acquiring Probitas's comprehensive Lloy

Aviva logo
Simon Mugo
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