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UK Stock News Page 169

Breedon Group Announces Lionmark Acquisition

Breedon Group (LON: BREE) announced the acquisition of Missouri-based Lionmark Construction Companies for $238 million (£187 million) on Wednesday. The deal is expected to more than double Breedon’s…

Balfour Beatty Shares Slide as CEO to Step Down

Balfour Beatty (LON: BBY) shares fell on Wednesday after the infrastructure group announced Chief Executive Leo Quinn will step down later this year after more than a decade…

BP Capital Markets Day: Analyst Takeaways

BP (LON: BP.) outlined its updated strategy at its Capital Markets Day (CMD) in London last week on February 26, with analysts highlighting a focus back to traditional…

IAG Shares Jump as Earnings Top Expectations

International Consolidated Airlines Group (LON: IAG) shares surged over 5% on Friday after the company reported full-year adjusted operating profit of €4.44 billion, beating analyst expectations of €4.08…

Ocado Shares Plunge Despite Narrower Loss

Despite reporting a narrower loss in FY24, Ocado Group’s (LON: OCDO) shares tumbled on Thursday, down around 15%.  The online grocery technology firm announced a narrower statutory loss…

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