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Tesco Raises Profit Guidance on Strong First Half Performance

Tesco (LON: TSCO) reported its interim results on Thursday, revising its full-year adjusted operating profit guidance upward following a robust first-half performance, driven by strategic investments in value, quality, and se

Tesco clubcard
Sam Boughedda
IHG Shares Gain as Bearish Analyst Shifts to Neutral

InterContinental Hotels Group shares (LON:IHG) saw a modest boost this morning following an upgrade from Morgan Stanley, although the firm suggests the stock is now fairly valued. The shift in rating reflects a recognition of

IHG hotel
Asktraders News Team
Victoria PLC Announces CEO Transition; Focus Remains on Self-Help Initiatives

Victoria PLC (LSE: VCP) has announced that CEO Philippe Hamers will retire around mid-2026 after nearly nine years in the role. The announcement follows the successful ref

Sam Boughedda
Defence Holdings Announces Second Classified AI Product Build: Edge Analysis & Identification

Defence Holdings PLC (LSE: ALRT), the UK's first listed software-led defence company, announced on Wednesday its second classified AI product build under Defence Technologies.

artificial intelligence ai
Asktraders News Team
Ithaca Energy Completes Cygnus Stake Acquisition, Eyes Production Surge

Ithaca Energy PLC (LON: ITH) announced the completion of its acquisition of an additional 46.25% interest in the Cygnus gas field from Spirit Energy, solidifying its position as a key player in the UK Continental Shelf (UKCS)

Ithaca Energy IPO
Asktraders News Team
MS International Secures $42.1 Million in US Navy Contracts

MS International plc (LON: MSI) announced contract wins with the United States Navy, boosting its outlook for the coming year. The contracts, awarded to its subsidiary MSI

market upward trajectory
Asktraders News Team
Topps Tiles Achieves Record Turnover, Signals Continued Growth

Topps Tiles (LON: TPT) saw its share price jump more than 8% on Wednesday after it announced a record year for turnover, reaching approximately £265 million in adjusted sales for the 52-week period ended September 27, 2025, a

Topps Tiles store
Asktraders News Team
Tate & Lyle Shares Drop: Faces Market Slowdown Despite CP Kelco Synergies

Tate & Lyle PLC (LON: TATE) released a pre-close statement on Wednesday indicating a slowdown in market demand is impacting its near-term financial performance, overshadowing the anticipated benefits from its CP Kelco com

Sam Boughedda
Taylor Wimpey On Track to Meet Full-Year Guidance Despite Softer Market

Taylor Wimpey (LON: TW.) provided an investor and analyst update on Wednesday, outlining its strategy to deliver growth and maximize returns amidst softer market conditions.

Taylor Wimpey house building
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Greggs Navigates Challenging Quarter: Sales Rise, Outlook Steady

Greggs (LON: GRG) shares jumped on Wednesday after the company reported a 6.1% increase in total sales for the third quarter of 2025, signaling resilience in a tough market.

Greggs store
Sam Boughedda
BAE Systems Shares (LON:BA) Gain Momentum on Autonomous Vehicle Collaboration

BAE Systems shares (LON:BA) are experiencing increased interest following the announcement of a strategic partnership aimed at accelerating the development of autonomous armored vehicles. The collaboration, focused on rapidly

BAE Systems Shares
Asktraders News Team
Primary Health Properties Shares (LON:PHP) to Benefit from Assura Acquisition

Primary Health Properties shares (LON: PHP) are poised to gain following the completion of its acquisition of Assura plc, a move that significantly expands its footprint in the UK healthcare property sector. The acquisition,

Asktraders News Team
PayPoint Boosts Stake in Collect+; Unveils Special Dividend and Share Consolidation

PayPoint (LON: PAY) is set to deepen its involvement with the Collect+ by International Distribution Services network through a strategic investment, while also rewarding shareholders with a special dividend

Asktraders News Team
Oracle Power Inks Mining Deal for Northern Zone Gold Project

Oracle Power PLC (LON:ORCP) announced a binding Right to Mine and Co-Operation Agreement for its Northern Zone Gold Project in Western Australia, sending positive signals to the market.

Oracle Power logo
Asktraders News Team
Avacta Group Shares Climb: Advances Oncology Pipeline

Avacta Group plc (AIM: AVCT), a life sciences company focused on targeted oncology drugs, saw its shares rally over 7% on Tuesday after the company released its interim results for the first half of 2025, showcasing progress

Avacta office
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ASOS Shares Tumble FY25 Despite Positive Trading Update

ASOS (LON: ASC) shares tumbled on Tuesday after the company released a full-year trading update. [stock_market_widget type="chart" template="candlestick" assets="ASC.L" range=

ASOS store
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Serica Energy Boosts Portfolio with Strategic North Sea Acquisition

Serica Energy (SQZ.L) is set to expand its North Sea footprint through the acquisition of Prax Upstream Limited, marking a significant step in its growth strategy. The dea

How to trade oil
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Legal & General Announces CFO Succession Plan: Andrew Kail to Take the Helm

Legal & General Group Plc (L&G) has announced a planned leadership transition in its finance department, with Andrew Kail set to succeed Jeff Davies as Group Chief Financial Officer (CFO) effective December 1, 2025.

Sam Boughedda
Card Factory Navigates Inflation, Digital Expansion Drives Optimism

Card Factory PLC (LON: CARD) has released its interim results for the six months ended July 31, 2025, showcasing resilience amid a challenging retail landscape. While reve

Card Factory store
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Capita Shares Gain Hefty Price Target, Jumps 18% Today

Capita shares (LON:CPI) are flying today, up 18.4% following Canaccord Genuity's initiation of coverage with a 'Buy' rating and a price target of 900 GBp. The analyst's positive outlook centers on Capita's position as a leadi

Capita Office Cheltenham
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Admiral Group Shares (LON:ADM) Receives Hefty Upgrade on Growth Prospects

Admiral Group shares (LON:ADM) are in focus following a significant upgrade from Jefferies, signaling a potentially brighter outlook for the insurance firm. The investment bank revised its rating to 'Buy' from 'Hold', indicat

Admiral group
Asktraders News Team
Sabre Insurance Shares (SBRE) Drop On Downgrade, Price Target Cut

Shares of Sabre Insurance Group (LON: SBRE) experienced downward pressure(-1%) following a downgrade from Jefferies, signaling increased concerns over the company's near-term financial performance and strategic execution. Th

insurance
Asktraders News Team
Genuit Group Expands Sustainable Building Solutions with Davidson Holdings Acquisition

Genuit Group (LON: GEN), a UK provider of sustainable water, climate, and ventilation solutions, announced the acquisition of Davidson Holdings Limited for £49.0 million on a debt-free and cash-free basis.

Asktraders News Team
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