UK Stock News
RentGuarantor Shares Jump on Bumper Trading Update
RentGuarantor Holdings (LON: RGG), which provides rent guarantee services to tenants and landlords, saw its shares jump on Wednesday after an unaudited trading update revealed revenue up 472% and a swing to profit for the eight months to 31 August
Cairn Homes Shares Hit High as EPS Jumps 82% in H1
Cairn Homes (LSE: CRN), the Irish housebuilder, saw its shares jump to a fresh 52-week high after reporting an 82% rise in first-half earnings per share and a 60% increase in revenue, prompting an upgrade to full-year guidance.The stock ope
Kelso Group NAV Per Share Jumps 43% to 3.3p as Concentrated Bets Pay Off
Kelso Group Holdings (LON: KLSO), a small Main Market investment vehicle that runs a concentrated portfolio of UK-listed "best ideas", said its unaudited net asset value per share rose 43% to 3.3p in the eight months to 31 August, up from around 2
Wednesday Morning Markets: FTSE Slips as US-Iran Tensions Weigh
London's blue-chip index is trading lower on Wednesday morning, with the FTSE 100 down 0.3% and the mid-cap
Gresham House Storage Fund NAV Jumps 15.8% on Project Revaluation
Gresham House Energy Storage Fund (LON: GRID), the UK's largest listed fund investing in utility-scale battery storage, said net asset value per share rose 15.8% to 131.30p at the end of June, sending shares to a new 52-week high in early trade. GRI
TT Electronics Shares Jump as on Strong Profit Growth, Guidance Upgrade
TT Electronics (LSE: TTG) shares surged over 11% early on Wednesday after the electronics manufacturer posted a strong set of half-year results and lifted its full-year guidance, encouraging investors that a year-long turnaro
Avon Technologies Wins $20.3m US Combat Helmet Order
Avon Technologies (LON: AVON), the UK-listed maker of military and law-enforcement protective equipment, said its Team Wendy Ceradyne unit has received a $20.3m delivery order from the US Defense Logistics Agency for ACH GEN II combat helmets.
BP Confirms Ian Tyler as Permanent Chair; Shares Tick Higher
BP shares edged up on Wednesday after the oil major confirmed Ian Tyler as its permanent Chair, ending months of speculation over the top boardroom role. Shares in the FTSE 100 group rose around 0.4% to roughly 543.6p in earl
Halma Acquires US Water Quality Specialist Pyxis for Up to £148m
Halma plc (LON: HLMA), the FTSE 100 group of life-saving technology companies, saw its shares tick around 1% higher on Wednesday after announcing the acquisition of Pyxis, a specialist provider of water quality monitoring and
Analyst Names 2 UK Energy Stocks to Play Grid Overhaul
In a recent article Hargreaves Lansdown highlighted National Grid (LON:NG) and SSE (LON:SSE) as two ways to gain exposure to the UK's electrification drive, as the country grapples with electricity bills that remain among the
BofA Splits UK Bank Views, Upgrades Lloyds and Downgrades Barclays
Bank of America shifted its stance on two of Britain's largest lenders on Tuesday, upgrading Lloyds Banking Group (LON: LLOY) to Buy from Neutral while downgrading Barclays (LON: BARC) to Neutral from Buy, in a move the firm
Unite Group Shares Slide as Morgan Stanley Cuts Stock to Equal Weight
Shares in Unite Group fell as much as 4% on Tuesday after Morgan Stanley downgraded the student accommodation landlord to Equal Weight from Overweight, even as the US bank left its price target unchanged at 600 pence.
WPP to Cut Up to 1,000 More Jobs by Year-End, FT Reports
WPP, Britain's largest advertising group, plans to cut up to 1,000 additional jobs by the end of the year as it accelerates a sweeping restructuring under new chief executive Cindy Rose, the Financial Times reported.
Reckitt Shares Jump as Mead Johnson Wins First NEC Trial
Shares in Reckitt Benckiser (LON: RKT), the consumer health and hygiene group behind Dettol, Nurofen and Enfamil infant formula, surged in London trading after its Mead Johnson unit was cleared by a federal jury of liability over a premature baby's
Tuesday Morning Markets: FTSE Slides as US-Iran Strikes Dent Sentiment
London shares are lower on Tuesday morning, with the FTSE 100 down 0.4% and the more domestically-focused FTSE 250 off 1.1%, as investors weighed a fresh US-Iran military clash against a renewed global bond selloff.
Bunzl Shares Jump After Strong H1 Results, Upgraded Guidance and £500m Buyback
Shares in Bunzl (LON: BNZL), the international distribution and services group, rose over 2% on Tuesday to around 2,858p after the company published half-year results that beat expectations and prompted an up
Epiris Agrees £1.02bn Takeover of Gamma Communications
Gamma Communications plc (LON: GAMA), the FTSE 250 business communications provider, confirmed on Tuesday a recommended cash offer from Bradbury Bidco Limited, a vehicle backed by private equity firm Epiris,
DNO Tops Genel’s Bid, Wins Capricorn Board’s Backing
Norway's DNO ASA has gatecrashed Genel Energy's agreed takeover of Capricorn Energy (LON: CNE), tabling a higher recommended cash offer of 384p a share and forcing the Egypt-focused explorer's board to switch its recommendation.Capricorn sh
Bodycote Shares Jump as Veritas Agrees £1.64bn Takeover
Shares in Bodycote (LON: BOY) surged on Tuesday after the specialist thermal processing group agreed to a recommended cash takeover by Vulcan Alpha Bidco Limited, a vehicle owned by US private investment firm
Frasers Group Signals Push Past 50% in Hugo Boss, Reviews Support for Chairman
Frasers Group plc (LON: FRAS) shares edged lower on Tuesday after the Mike Ashley-founded retailer confirmed plans to deepen its stake in German fashion house Hugo Boss AG, while also revealing it is reconsidering its backing
GENinCode Shares Surge After Independent Trial Backs Genetic Test
Shares in GENinCode (LON: GENI), the Manchester-based predictive genetics company, surged as much as 18% in early trade today after independent pilot data on its cardiovascular test won backing at a major European cardiology conference. The stock op
Borders & Southern Shares Fall Despite Farm-Out Progress Update
Borders & Southern Petroleum (LON: BOR), the AIM-listed oil explorer holding licences in the South Falkland Basin, saw its shares fall sharply on Friday even as it confirmed advanced farm-out talks over its Darwin discovery. The stock dropped
Jarvis Securities Shares Slump as Stockbroking Unit Sale Collapses
Jarvis Securities (LON: JIM), the Tunbridge Wells-based stockbroking and platform group, saw its shares fall 12.5% today after the sale process for its core subsidiary collapsed with no offers received, leaving the business facing a wind-down and