UK Stock News
GlobalData Shares Have an Attrative Investment Case
GlobalData (LON: DATA) shares are down more than 8% in the last three months, but according to analysts at Berenberg, the company has an "attractive investment case." [stock_m
Balfour Beatty Awarded £363m Contract by National Grid
London-listed international infrastructure group Balfour Beatty (LON: BBY) announced Friday that it has secured a significant £363 million contract from National Grid to upgrade the electricity network in East Anglia.
UK Data Centres Gain Critical Infrastructure Status
The United Kingdom has officially recognised data centres as critical national infrastructure (CNI), placing them on par with essential services such as the National Health Service (NHS) and water supply. This significant dev
Tesco’s Share Price Trading At 10 Year Highs
Tesco's share price (LON:TSCO) gapped up this morning to open at 368.90p, having previously closed out yesterday's session at 366.70. Shares of TSCO have now added 10.
IAG Shares Climb: Will the Rally Continue?
IAG (LON: IAG) shares hit their highest level since 2021. With investors becoming more bullish on the stock, can the rise cont
Trainline Shares Rally After Lifting Guidance Following Strong H1
Independent rail and coach travel platform Trainline (LON: TRN) saw its shares surge more than 8% on Thursday after the company announced a strong first-half performance and raised its guidance for the full year.
AstraZeneca Share Price Faltering After Trial Results, Retains Backing Leading Into ESMO
Astranzeneca's share price (LON: AZN) has been coming under pressure in recent days, with the last 5 trading sessions offering up a 6.40% drop. This has come off the ba
Boohoo to Fulfill US Orders From UK Distribution Centre
Online fashion retailer Boohoo (LON: BOO) announced a significant change to its operations in the United States in a press release on Wednesday. The company revealed it wil
Rightmove Rejects REA Group’s ‘Opportunistic’ Takeover Proposal
Property portal giant Rightmove (LON: RMV) said Wednesday that it has firmly rejected a takeover proposal from Australian real estate firm REA Group, deeming it "wholly opportunistic and fundamentally undervalued."
Abrdn Appoints Jason Windsor as New CEO
Abrdn plc (LON: ABDN) announced the appointment of Jason Windsor as its new Group Chief Executive Officer in a press release on Tuesday. W
AngloGold Ashanti to Acquire Centamin For $2.5bn
AngloGold Ashanti (NYSE: AU) has agreed to acquire Centamin (LON: CEY) in a deal valued at approximately $2.5 billion, the companies announced on Tuesday. The acquisition w
Hilton Food Group Makes ‘Another Strong Step Forward’ – Shore Capital
Hilton Food Group (LON: HFG) reported results for the first half of FY24 last week, which analysts at Shore Capital believe marked significant progress in its ongoing profit recovery.
FTSE 100 Opens Strong – Economic Events We Are Watching This Week
The FTSE 100 and European equities have started the week beginning Monday, September 9, 2024, strong, with the London index rising, currently up 0.5% shortly after t
WPP Shares Jump on Amazon Media Win
WPP (LON: WPP) shares surged more than 5% Thursday on the news reported late on Wednesday that Amazon had chosen WPP and Omnicom Media Group (OMG) to split its global media duties.
Berkeley Group on Track for Pre-Tax Earnings Target
Berkeley Group Holdings (LON: BKG) announced Friday that its trading performance for the first four months of the fiscal year has remained steady. The company said it is co
ABF: Primark Sales Impacted by Unfavorable Weather
On Thursday, Associated British Foods (LON: ABF) released an update on its trading performance during the second half of the financial year ending September 14, 2024. While
Asos Announces Topshop JV, Says FY24 Sales Slightly Below Guidance
Online fashion retailer ASOS (LON: ASC) announced a series of developments on Thursday, including a refinancing plan, a joint venture for the Topshop and Topman brands, and a trading update for fiscal year 2024 (FY24).
Hikma Pharmaceuticals Shares: Analyst Now More Confident in Growth – Here’s Why
Hikma Pharmaceuticals (LON: HIK) was upgraded to Buy from Hold at Berenberg this week, with an analyst at the firm telling investors in a note that they now have more confidence in the growth outlook across the business for t
M&G Well Positioned to Navigate Challenging Market Despite Operating Profit Decline
M&G plc (LON: MNG) posted what it described as a resilient financial performance for the first half of 2024 despite reporting a decline in adjusted operating profit and net client flows.
Viaro Energy Acquiring North Sea Assets
In recent days, independent British producer Viaro Energy has made a significant stride in expanding its portfolio by declaring its intention to acquire Shell and Exxo
HSBC Boosts Shareholder Value with £3bn Buyback
HSBC Holdings shares (LON:HSBA) have pulled back 1.1% in London trading today, with news of a substantial £3 billion share buyback along with a declaration of a second interim dividend of $0.10 per share failing to provide th
BP to Hand Shareholders $7 Billion on Stock Buybacks
U.K.-based oil giant BP PLC (LON: BP) has announced an upcoming reward for its shareholders, a hefty $7 billion that will come through stock repurchases. This decision c
Citi Maintains Bullish Stance on Diageo But Trims Target
Citi has reaffirmed its confidence in Diageo PLC (LON:DGE), maintaining a "Buy" rating on the global beverage giant's stock yet slightly reduced its price target from 3000p to 2900p. This adjustment comes in the wake of Diage