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Johnson Matthey to Sell Catalyst Technologies Unit to Honeywell for £1.8bn

Johnson Matthey (LON: JMAT) said Thursday that it has agreed to sell its Catalyst Technologies business to US industrial group Honeywell International for £1.8 billion, as part of a strategic pivot to streamline operations an

Johnson Matthey logo
Sam Boughedda
HSBC Shares Underperforming Sector Peers – Reviewing Performance Metrics

HSBC Holdings plc (LON: HSBA), a leading global banking organisation, has announced a new policy that will incorporate office attendance as a component of its annual employee performance reviews. The move emphasises the impor

HSBC building
Asktraders News Team
EasyJet Shares Drop Despite Solid Outlook

easyJet (LON: EZJ) shares fell by over 5% at the start of Thursday’s session despite the airline reaffirming its positive outlook for the full year.  The carrier repor

Easyjet plane
Sam Boughedda
Marks & Spencer Share Rating Lifted to Buy as Cyber Attack Provokes ‘More Normalised Positioning’

Jefferies raised its rating for Marks & Spencer (LON: MKS) to Buy from Hold in a note to clients this week. The firm told investors that the recent cyberattack has led

marks and spencer shares
Sam Boughedda
GBP/USD Hits 3-Year High as Inflation Increases

The UK pound his risen to its highest level in three years against the USD, boosted in part by UK consumer inflation data that exceeded forecasts. According to the Office for National Statistics, inflation increased to 3.5% i

50 note UK
Asktraders News Team
Currys Raises Full-Year Profit Forecast as Performance Strengthens

Currys (LON: CURY) has once again lifted its full-year profit forecast after a stronger-than-expected end to the financial year.  The company pointed to accelerating s

Sam Boughedda
Marks & Spencer Shares Down as Cyber Attack Disruption to Continue into July

The Marks & Spencer (LON: MKS) share price declined more than 3% on Wednesday after the retailer warned that the fallout from a recent cyber attack would continue to affect operations into July.

marks and spencer
Sam Boughedda
JD Sports Shares Tumble as Profits Slide

JD Sports (LON: JD.) shares plunged by more than 8% at the open on Wednesday after the retailer reported a decline in annual profits and highlighted market volatility. The

JD Sports store
Sam Boughedda
DCC Share Price Target Cut, Analyst Remains Bullish (LON: DCC)

RBC Capital Markets has revised the price target for DCC plc, a leading international sales, marketing, and support services group, reducing it to 5,200 GBp from the previous 5,400 GBp.

DCC
Asktraders News Team
Topps Tiles Shares Gain: Analyst Sees Meaningful Progress

Topps Tiles (LON: TPT) shares jumped at the start of Tuesday’s session after the company reported revenue and profit growth, and analysts highlighted “meaningful progress” on its strategic goals.

Topps Tiles store
Sam Boughedda
UK Stocks: ‘Returning to Long Term Averages Could Offer Significant Returns’

UK equities may be poised for renewed investor interest as global capital begins to reassess exposure to US markets, according to a research note from Franklin Templeton’s Martin Currie unit.

Bank of England
Sam Boughedda
Greggs Reiterates Full-Year Outlook as Sales Rise, Shares Rally

Greggs (LON: GRG) on Tuesday provided a positive update for the first 20 weeks of 2025, reaffirming its full-year outlook and sending shares higher in early London trading.

Greggs store
Sam Boughedda
Cobalt Holdings IPO To Boost London Market as Firm Inks Glencore Contract

Cobalt Holdings PLC has announced its intention to float on the Main Market of the London Stock Exchange, aiming to raise approximately $230 million through its initial pub

Asktraders News Team
InPost Expands UK Presence with Tesco Partnership

InPost (AMS: INPST) has significantly expanded its footprint in the UK by installing 1,000 new parcel lockers, known as Paczkomaty, at Tesco stores. This brings the total number of InPost lockers in the UK to over 10,000. The

Asktraders News Team
Rolls-Royce Shares Find Support in Red/Green Move – Highs in Sight

Rolls-Royce shares (LON: RR) have just come off another record setting week, with the new highs of 822.40p in Friday's session temporarily pushing the market cap to £70billion. Having re-tested support at 800p, the share pric

Rolls Royce logo
Asktraders News Team
Can Diageo’s $500 Million Cost Cutting Plans Shift Stock Sentiment?

Diageo shares (LON: DGE) have come under pressure in recent years, down 47% since the start of 2022 as attitudes surrounding some of the firm's products shift. The world's

Diageo drinks
Asktraders News Team
GSK’s Blenrep Gains Approval from Japanese Regulators

GSK has received approval for its Blenrep treatment for relapsed or refractory multiple myeloma from the Ministry of Health, Labour and Welfare in Japan. This approval follows positive results from two pivotal phase III trial

avatar
Asktraders News Team
Kainos Shares Slide as 2025 Profit Declines, Announces £30m Share Buyback

Kainos (LON: KNOS) shares declined on Monday after the IT services provider reported a 15% drop in adjusted pre-tax profit to £65.6 million for the year ended 31 March 2025. 

Kainos Group PLC (LON: KNOS)
Sam Boughedda
Premier Foods Shares Rise: ‘Ongoing Momentum is Building’

Premier Foods (LON: PFD) shares rose over 5% on Friday and have gained a further 0.4% in early Monday trading, extending their year-to-date gain to around 13.6%.  The

Premier Foods basket
Sam Boughedda
Natwest Shares (NWG) Close Week on High, as Government Exit Draws Near

Natwest share price (LON: NWG) has ended the week with a new multi year high, with the mark of 506.60p coming as the bank closed the day up 1.3%. Now up 25.49% YTD, Natwest is trading at levels not seen since the financial cr

Natwest branch
Asktraders News Team
Flutter Entertainment Stock Target Cut But JPMorgan Remains Bullish

JPMorgan lowered its price target on Flutter Entertainment (LON: FLTR) from 27,000p to 26,800p but maintained an Overweight rating on the stock. Analyst Estelle Weingrod d

Flutter Ent office
Sam Boughedda
Rentokil Shares: Risk/Reward Continues to Build to the Downside

Bernstein cut its rating for Rentokil Initial (LON: RTO) from Market Perform to Underperform in a note to clients this week. The firm warned investors that the risk/reward

Rentokil Initial logo
Sam Boughedda
FTSE 100 Closes Above 8,600 as UK GDP Outperforms Expectations

The FTSE 100 rallied into the close, fighting back from a bearish open that had seen the benchmark index shed more than 0.5% in the first 20 minutes of trading. From

uk stock market person holding union jack
Asktraders News Team
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