Real Madrid top Deloitte Football Money League as Champions League revamp boosts Premier League’s rivals
Standard Chartered shares hit ten-year high ahead of results February 20, 2025 Shares in Standard Chartered climbed to a ten-year high as the bank geared up to post its annual results on Friday. City analysts have pencilled in a full-year profit before tax of $6.2bn (£4.9bn), with the bank expected to pocket $983m (£780m) in the fourth quarter, down on the $1.1bn (£872m) posted in the fourth [...]
HSBC shares hit 20-year high ahead of results February 18, 2025 HSBC’s share price rallied to a 20-year record on Tuesday morning, hitting pre-financial crisis highs. The FTSE 100 lender is due to post its annual results tomorrow morning, which will mark its first set of results with Georges Elhedery at the helm. The bank’s stock jumped to 894.70 following the market opening, marking its highest [...]
Barclays shares near post-financial crisis high February 18, 2025 Shares in Barclays closed in on a post-financial crisis high on Tuesday morning. The stock has surged higher over the past 12 months due to improved investor sentiment towards the banking sector thanks to higher interest rates. Shares rallied to a high of 310.20p following market open, touching highs not witnessed since the rebound of [...]
Speedy Hire shares slump to all-time low after profit warning February 3, 2025 Shares in Speedy Hire have slumped to a new all-time low after it issued a profit warning, blaming an economic downturn affecting firms. The Newton-le-Willows company told the London Stock Exchange this morning that its recent trading had been impacted by a slowdown in demand so far in 2025. The tools and equipment hire business [...]
Burberry’s share price soars out trenches but analysts won’t upgrade yet January 24, 2025 Investors breathed a sigh of relief this morning after Burberry’s first set of results after implementing its turnaround plan showed it was heading in the right direction. Burberry’s share price rose more than 13 per cent in early trades. In the past six months the share price has risen more than 71 per cent – [...]
Rolls-Royce worth £50bn again after FTSE 100 surge January 20, 2025 Rolls-Royce has returned to a market capitalisation of more than £50bn after its shares rallied. The Derby-headquartered FTSE 100 giant passed the milestone for the first time at the start of December 2024 before its share price fell back. However, Rolls-Royce has surpassed the £50bn barrier once again after a jump in its share price [...]
Topps Tiles investor stages revolt as shares nose dive January 15, 2025 A major investor in Topps Tiles has staged a revolt against the retailer as its share price continues to nose dive towards a new historic low. Private equity firm MS Galleon used its near 30 per cent stake to vote against the company’s remuneration report at this year’s annual general meeting, resulting in 40 per [...]
Trouble for B&M as millions wiped off value despite huge pay day January 14, 2025 Despite reporting increased sales and a huge dividend of more than £150m, shares in B&M plunged in the aftermath of its latest trading update last week. Shares in the Liverpool-headquartered discount retailer slumped from 360p to 316p following the publication of its third quarter results. B&M’s price has hardly recovered in the days since, with [...]
M&S: City broker slashes share price target on lower profit prospects January 10, 2025 Berenberg has downgraded its share price target for Marks and Spencer following lower estimates of long-term growth for the high street darling. The broker downgraded its price target from 410p to 384p, a cut of six per cent, due to a decrease in its profit estimate. “The potential for upside surprise now looks more limited [...]
How FTSE 100 giant Rolls-Royce became a ‘true phoenix from the ashes story’ after shares success December 17, 2024 If awards were being handed out for the best performer in the FTSE 100 this year, Rolls-Royce would surely be taking home all the top prizes after cementing its position as the index’s darling. The Derby-headquartered giant started 2024 with a share price of 298p which has since ballooned to a high of 594p, catapulting [...]