Lloyds Banking Group ShareCast News (LLOY)

London pre-open: Stocks to edge lower in early trade

City sources predict the FTSE 100 will open down four points from Friday's close of 6,625, following the weekend's meeting of the G7 in the UK.
[Mon 07:32]

Lloyds Chairman to step down

Part-nationalised lender Lloyds has revealed that Chairman Sir Winfried Bischoff will retire within a year's time, a move thought to be in anticipation of the bank's potential privatisation.
[Mon 07:05]

Monday newspaper round-up: Lloyds, ENRC, Ocado...

Sir Win Bischoff, the Chairman of Lloyds since September 2009, is expected to announce his resignation ahead of Thursday's shareholder meeting as the bank readies for privatisation, reports The Guardian.
[Mon 06:44]

Lloyds disposes of non-core portfolio

Lloyds Banking Group has agreed to sell its portfolio of UK commercial real estate loans to Promontoria Thames, which is affiliated to Cerberus Global Investments.
[10 May '13]

FTSE 100 movers: Experian, IMI, BSkyB, ENRC

Credit checking giant Experian topped the FTSE Thursday after reporting full-year sales growth across all its global markets, particularly in Latin and North America. In the year to end-March, the company saw revenues from continuing activities rise six per cent to 4.7bn dollars, with earnings before interest and tax up seven per cent to 1.25bn dollars.
[9 May '13]

Lloyds slashes 850 jobs as cost reduction drive continues

Banking giant Lloyds has announced plans to slash 850 jobs in a bid to lower costs, it was reported Thursday.
[9 May '13]

London close: US jobs data sends FTSE 100 to seven-week high

The FTSE 100 jumped one per cent higher to a seven-week high on Friday afternoon with stock markets rejoicing as the US jobs report smashed forecasts in April and previous months' data was revised higher.
[3 May '13]

FTSE 100 movers: ENRC leads miners higher

Mining stocks were making decent gains as metals prices improved. ENRC was the standout performer on the back of reports Suleiman Kerimov, the Russian billionaire, has increased his stake in the miner.
[3 May '13]