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Marks & Spencer to Invest £340m in Automated Food Distribution Centre

Marks & Spencer (LON:MKS) has announced a record £340 million investment in its food supply chain with plans to build a fully automated National Distribution Centre (NDC) in Northamptonshire.

Sam Boughedda
IHG Stock Target Raised, but Hold Rating Remains Amid U.S. RevPAR Concerns

Shares of InterContinental Hotels Group (IHG.L) saw a price target increase from Jefferies on Thursday, yet the firm maintained a Hold rating on the stock, reflecting a cautious outlook despite the company's resilient perform

IHG hotel
Sam Boughedda
Wishbone Gold Shares (LON:WSBN) Gain on Red Setter Project Announcement

Wishbone Gold shares (LON:WSBN) have gained 14% today as the company announced a significant expansion of the breccia pipe interval at its Red Setter Gold Dome Project in Western Australia, triggering positive momentum in the

Wishbone Gold
Asktraders News Team
Premier African Minerals Secures £1.38 Million to Advance Zulu Lithium Project

Premier African Minerals (LON:PREM) has announced a subscription raising £1,380,000 before expenses, priced at 0.023 pence per new ordinary share. The funds are earmarked

Premier African minerals trucks
Asktraders News Team
Renishaw Shares Jump: Profit to Top Guidance Range

Renishaw (LON:RSW) shares surged more than 9% on Thursday after the engineering group said annual profit would come in at the top end of its guidance range. The stock was

Renishaw office
Sam Boughedda
Seeing Machines Shares Rise on Strong Automotive Growth

Seeing Machines Limited (LON: SEE) reported a FY2025 trading update, signaling strong growth in its core automotive business and progress towards profitability. The AI-pow

Seeing Machines
Sam Boughedda
Premier Foods to Acquire Merchant Gourmet for £48 Million, Expanding Healthy Meal Options

Premier Foods (LON:PFD) announced Thursday its agreement to acquire Merchant Gourmet, a premium healthy ready-to-eat brand, for an enterprise value of £48.0 million on a cash and debt-free basis.

Premier Foods basket
Sam Boughedda
WH Smith Stock Plummets as North American Profit Forecast Cut

The WH Smith (SMWH.L) share price plunged on Thursday, facing significant downward pressure following the announcement of a substantial reduction in expected profits for the financial year ending 31 August 2025.

UK short
Sam Boughedda
Debenhams Group (Boohoo) Stock Gains as Refinancing Aims to Bolster Turnaround Strategy

Debenhams Group (LON:DEBS), formerly known as Boohoo Group, said Thursday that it has successfully completed a £175 million refinancing, extending its debt maturity and providing enhanced financial flexibility.

Debenhams building
Sam Boughedda
Aberdeen Group Shares (ABDN) Upgraded on Sector Improvements, Tests 200p Resistance

Aberdeen Group shares (LON:ABDN) are moving higher today, up 0.82%, having retested a break of 200p, eyeing up a breakout. ABDN has seen growing bullish sentiment, reflected in a series of analyst upgrades in recent weeks, si

Asktraders News Team
UK Inflation Runs Hot, FTSE 100 Shrugs It Off With New High

The FTSE 100 has shaken off an UK inflation unexpectedly surge, with a new high of 9,283.20 coming on the back of a 1% gain for the bluechip index. Inflation moved to

markets-ftse100
Asktraders News Team
United Utilities Stock Upgraded, Price Target Hiked on Improving Outlook

United Utilities (LON:UU) has received a boost following an upgrade from Barclays, signaling increased confidence in the water company's prospects. The revised rating and

Asktraders News Team
Lion Finance Group Shares Slide Despite Strong 2Q25 Results

Lion Finance Group PLC (LON:BGEO) shares dropped significantly in early Wednesday trading after the company announced its results for H1 and 2Q25. The financial group deli

Big Ben seen from Westminster Bridge
Asktraders News Team
Jadestone Energy Opens Higher as Skua-11ST Well Exceeds Production Expectations

Jadestone Energy plc (LON:JSE) announced better-than-expected initial oil production rates from its Skua-11ST development well at the Montara field offshore Australia, sending positive signals to the market.

Crude Oil barrels
Asktraders News Team
Ithaca Energy (ITH) Surges on Strong H1 Performance, Upgrades Full-Year Guidance

Ithaca Energy PLC (ITH.L) has announced a robust first half of 2025, exceeding expectations and leading to an upgrade in its full-year guidance. The company's shares react

Ithaca Energy IPO
Sam Boughedda
Costain Shares Plunge as Revenue Drops 18% in H1

The Costain Group (LON:COST) share price fell more than 15% at the open on Wednesday after the company reported an 17.8% year-on-year decline in first-half revenue, despite growth in profit margins and a stronger order book.

Costain Group project
Sam Boughedda
OSB Group Demonstrates Resilience Amidst Transformation, Reaffirms 2025 Guidance

OSB Group PLC (OSB.L), a specialist lending and retail savings group, announced its results for the first half of 2025 on Wednesday, showcasing resilient financial performance aligning with management expectations, despite on

unternehmensanleihen deutschland
Asktraders News Team
Saga Shares Hit Highest Level In Years As 200p Level Breaks

Saga shares (LON:SAGA) have broken through the psychological 200p level today, hitting a level not witnessed in several years at 201p on a 2.53% move higher. The stock's year-to-date performance now boasts an impressive gain

Saga Plc logo
Asktraders News Team
Legal & General Downgraded To Neutral as Share Price Nears Target (LGEN)

Legal & General shares (LON:LGEN) have been stair stepping higher this year, adding 12.45% YTD, and closing on a breach of the 260p resistance. LGEN dipped this morning out of the gate following a downgrade by UBS, even a

Asktraders News Team
Metro Bank Shares (LON:MTRO) Move Higher on Upgrade, Analyst See’s Healthy Upside

Metro Bank shares (LON:MTRO) are moving higher today, up 2.3% as attention following an upgrade by RBC Capital Markets, suggesting the stock could climb more than 25% from current levels boosts sentiment. 

Metro Bank
Asktraders News Team
Taylor Wimpey Shares (LON:TW) Move Off Lows, Is Support Stepping In?

Taylor Wimpey shares (LON:TW) experienced a sharp decline in recent weeks, falling 11% in the month leading into yesterday's close, breaching the psychological 100p level and hitting a new 52-week low of 98.56p.

Taylor Wimpey house building
Asktraders News Team
Nanoco Group FY Revenue to Beat Market Forecasts, Shares Edge Higher

Nanoco Group (LON:NANO) rose 1.4 percent in early Tuesday trading after the company said full-year revenue had exceeded market expectations. The stock is down more than 8

Nanoco Group PLC
Sam Boughedda
Power Metal Resources Sells Remaining Stake in Guardian Metal Resources, Shares Jump

The Power Metal Resources (LON:POW) share price is currently up more than 12 percent to 15.7 pence on Tuesday after the London-listed exploration group announced it had sold its remaining holding in Guardian Metal Resources.

Power Metal Resources logo
Sam Boughedda
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