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Fiona Craig

Trainline Shares Down 7% After Article Casts Doubt On ‘Cheapest’ Claim

Feb 19 2025 @ 03:49
Shares in rail ticketing company Trainline (LSE:TRN) fell 7% to a give-month low on Wednesday morning, following a newspaper article which challenges the company’s pledge that it offers the cheapest rail tickets. The Independent newspaper examined the company’s claim that “You won’t find cheaper tickets anywhere else,” and found that it doesn’t stand up to […]
 

Glencore Misses EBITDA Estimates With Disappointing Capital Returns, Sending Shares Down 5%

Feb 19 2025 @ 03:22
Shares in mining company Glencore (LSE:GLEN) dropped over 5% on Wednesday after it reported disappointing results. The company’s EBITDA was $14.36 billion, slightly below the $14.55 billion consensus estimate. Glencore’s earnings declined 16% year on year, despite the inclusion of EVR from mid-2024, as lower coal prices weighed on performance. Marketing EBIT of $3.2 billion, down […]
 

BT Shares Drop More Than 5% After Morgan Stanley Cuts Stake, Citi Downgrades To ‘Sell’

Feb 18 2025 @ 07:36
Shares of telecommunications company BT Group (LSE:BT.A) have dropped sharply after financial services giant Morgan Stanley (NYSE:MS.) reduced its stake in the company significantly. The move was disclosed in a London Stock Exchange filing, and saw MS reduce its holdings in BT below the 5% threshold, which triggers a regulatory notification. According to the filing, […]
 

BAE Systems Tops FTSE 100 Risers On Possibility Of Increased Military Spending

Feb 17 2025 @ 04:31
Defence firms powered ahead on Monday morning with BAE (LSE:BA.) being the top riser on London’s FTSE 100. The company’s shares jumped 5.5% to its highest level since last November. The rise comes as European leaders gather in Paris for an emergency summit on the Ukraine war, after US officials left Europe out of planned […]
 

NatWest Results Show Mixed Performance, Shares Fall

Feb 14 2025 @ 03:07
NatWest Group’s (LSE:NWG) results show a stable performance in key areas, with year on year movements across its various segments. However, investor concerns over some aspects of the company’s performance sent the shares down by more than 2%. The company recorded a total income of £14.7 billion, a slight decrease of 0.3% compared to the […]
 

Barclays Profits Jump By 25%, Boosted By Deal With Tesco Bank

Feb 13 2025 @ 03:52
Barclays (LSE:BARC) reported strong results for 2024, with solid growth across its retail banking, credit card and mortgage operations. The bank’s pre-tax profit increased by 25% to £3.58 billion, up from £2.87 billion the previous year. This improvement was driven primarily by higher net interest income and a one-time gain from the acquisition of Tesco […]
 

British American Tobacco Shares Fall on Weak Outlook, Market Pressures

Feb 13 2025 @ 03:35
Cigarette manufacturer British American Tobacco (LSE:BATS) reported a cautious growth outlook for 2025 on Thursday, which caused its shares to drop over 6%. The company’s organic revenue and operating profit growth for the 2024 financial year were in line with expectations. However, its guidance for 2025 was weaker than anticipated, with projected revenue growth of […]
 

Unilever’s Mixed Results Send Shares Down 5%

Feb 13 2025 @ 03:28
Consumer goods giant Unilever’s (LSE:ULVR) results, announced on Thursday, were mixed, with overall performance meeting expectations but not offering anything exciting for investors. The company reported 2024 sales of €60.8 billion, which slightly exceeded analyst forecasts. Organic sales growth was 4.3%, a little below the consensus of 4.3%, moderated by price increases. Volume growth...
 

BP’s Profit Falls 60% In Q4 Due To Weaker Margins, Lower Prices And Higher Costs

Feb 11 2025 @ 03:58
Oil giant BP (LSE:BP.) has reported a significant fall in its profits for the fourth quarter, citing weaker refining margins, lower energy prices and higher costs. The company posted an underlying replacement cost profit of $1.2 billion for the final quarter of 2024, a drop from $3 billion in the same period a year earlier. […]
 

Entain Shares Drop As Boss Steps Down After Just Five Months

Feb 11 2025 @ 03:50
Shares in Entain (LSE:ENT) fell sharply on Tuesday morning after the company announced that its chief executive, Gavin Isaacs, was leaving the company immediately after less than six months in charge. The gambling group, which owns betting shops Ladbrokes and Coral, did not give a reason for Isaacs’ departure, simply saying that it was by […]
 
 
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