Lloyds Share News (LLOY)
LLOY Share
LLOY Share
LLOY Share
LLOY Share
LLOY
LLOY Share
LLOY Level 2
LLOY Live
LLOY Broker
LLOY Directors
LLOY Financial
LLOY
LLOY Short
LLOY
Last checked at -
State-controlled Lloyds Banking swung back into profit last year as impairment charges almost halved and retail net margins improved. Pre-tax profits were £281m, down from £1bn, but on a continuing basis profits were £2.2bn against a loss of £6.4bn. Market forecasts had been for a profit between £
Read moreAfter the brouhaha that surrounded Royal Bank of Scotland's disappointing and eye-numbingly detailed full year results it is the turn of another part-nationalised lender, Lloyds Banking , to update the market on Friday. Charles Stanley is predicting a return to profitability, and has a pre-tax pro
Read moreThere was nothing in the full year results from Royal Bank of Scotland (RBS) to persuade Nomura Securities to abandon its preference for fellow part-nationalised lender Lloyds Banking. The Japanese broker reiterated its 'reduce' recommendation on Royal Bank of Scotland after the figures came in muc
Read moreQatar, the natural gas-rich Middle Eastern state which owns stakes in Barclays and Sainsbury's, could invest in Lloyds and Royal Bank of Scotland, the banking groups part-nationalised at the height of the financial crisis. The Treasury owns about 83% of RBS and about 40% of Lloyds, with the stakes m
Read moreDeclining metals prices have pushed Antofagasta, Xstrata and Fresnillo lower. Consumer packaging giant Rexam has been hit by profit-taking even though it grew underlying profit by a bigger than expected 45% in 2010 and expects further progress this year. Profit before tax and exceptional items jum
Read moreLondon has opened with Libya on its mind amid fears that the unrest sweeping through the country and the Middle East could destabilise Bahrain as well. Brent crude hit over $107 per barrel, up 1% today, as the violence and rhetoric in Libya increased. Libyan leader Muammar Qaddafi vowed to fight a
Read moreHundreds of thousands of Halifax borrowers are set to receive a windfall because of a poorly drafted paragraph in mortgage offer letters that will cost Lloyds Banking Group £500m. The payout announced by the Halifax's new parent yesterday is a record figure for customer redress by a single financial
Read moreThe top share index was nursing big losses at trading's close as worries over the turmoil in Libya sent the oil price soaring and continued high usage of the European Central Bank's marginal lending facility stoked nervousness over banks. Banks are granted the right to seek overnight loans from th
Read moreConcerns about rising oil prices should Libya descend into civil war are nagging away at investors, while continued high usage of the European Central Bank's marginal lending facility is making traders nervous about banks. Banks are granted the right to seek overnight loans from the European Centr
Read moreLloyds Banking is to take a £500m charge in its results this week to cover potential compensation costs from badly worded mortgage agreements. The confusion arose after some customers wrongly assumed after reading their mortgage offer that Halifax would notify them if it raised the cap, or link to
Read moreShares are in the red as banking stocks fall back and the turmoil in the Arab world casts a shadow. Banks are the main drag, with RBS, Lloyds and Barclays nursing losses following gains last week. RBS and Lloyds are due to release results later this week. The oil price has topped $104 a barrel as
Read moreRBS and Lloyds are lower ahead of their results later this week. On top of that, Lloyds has announced a voluntary agreement with the FSA about certain Halifax mortgage contracts. This relates to the wording of the mortgage contracts. Barclays is also lower. Invensys is higher because of press spec
Read moreLloyds Banking has reportedly stepped up plans to dispose of 600 branches and is interviewing advisers to handle the disposal. Outgoing chief executive Eric Daniels had suggested the sale could take two years, but new chief Antonio Horta-Osorio is said to want to complete any deal within months. T
Read moreWith each month that passes the release of the minutes of the meeting of the Monetary Policy Committee (MPC) become more eagerly anticipated, as the consensus view of the rate-setting committee starts to fragment. The Bank of England's quarterly inflation report on Wednesday conceded that the cent
Read moreFootsie closed the day a shade higher having traded in a very narrow range all day as both buyers and sellers seem preoccupied with other things. Life insurance consolidator Resolution closed as top performer saying it is unlikely to make any further acquisitions this year. Instead, it will focus
Read more
Last checked at