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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

London Stock Exchange
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Share Price: 51.88
Bid: 51.90
Ask: 51.92
Change: -0.42 (-0.80%)
Spread: 0.02 (0.039%)
Open: 52.68
High: 52.82
Low: 51.72
Prev. Close: 52.30
LLOY Live PriceLast checked at -

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FTSE 100 movers: Shire rises on reports of bid preparation

Tue, 17th Jun 2014 15:37

Pharmaceutical group Shire was making gains after Reuters reported that it has hired investment bank Citi as an advisor as it braces itself for takeover bids. The company's Irish tax base and its mid-sized market value of £22bn makes it a prime acquisition target, analysts told the news agency.Whitbread shares jumped after the group delivered a strong result for the first quarter, which saw it book a 6.9% rise in like-for-like sales and total sales by 14.2% in the 13 weeks to May 29th. The news prompted Investec to raise its target price from 2,000p to 4,100p and upgraded it from 'sell' to 'hold'.Morrison Supermarkets rose after it confirmed plans to slash 2,600 jobs as part of plans to reorganise and simplify its management structure. Having trialled the new structure on a small scale, the retail chain has decided to roll out the plan across the group. Chief Executive Dalton Philips said it was "the right time" to modernise the mangement of its stores. Oil stock Tullow continued to rise amid the ongoing turmoil and violence spreading south in Iraq. Lloyds Banking Group climbed after Exane shifted its target price from 115p to 120p, retaining an outperform rating. Insurer RSA is rumoured to be looking to sell its Asian operations in an auction that could fetch up to $500m and draw a wide range of suitors. Meanwhile, Ashtead engaged in a round of profit taking after the industrial rental group posted record profit for the year to April 30th, helping earnings beat expectations comfortably. Kingfisher dropped after Oriel downgraded it from 'hold' to 'sell' with a target price of 350p, while CRH was downgraded to neutral by Exane. Miners were hit by weaker sentiment as investors digested developments in Iraq. FTSE 100 - RisersShire Plc (SHP) 3,666.00p +3.68%Whitbread (WTB) 4,262.00p +2.26%Tullow Oil (TLW) 874.50p +2.10%Morrison (Wm) Supermarkets (MRW) 191.90p +1.91%G4S (GFS) 259.90p +1.40%Sainsbury (J) (SBRY) 322.10p +1.39%RSA Insurance Group (RSA) 490.20p +1.30%Lloyds Banking Group (LLOY) 77.64p +1.28%Old Mutual (OML) 195.80p +1.24%ARM Holdings (ARM) 895.50p +1.19%FTSE 100 - FallersAshtead Group (AHT) 838.50p -5.47%Royal Mail (RMG) 478.90p -2.01%Friends Life Group Limited (FLG) 315.90p -1.83%Kingfisher (KGF) 363.80p -1.65%BHP Billiton (BLT) 1,835.50p -1.58%Petrofac Ltd. (PFC) 1,250.00p -1.42%Fresnillo (FRES) 810.50p -1.40%Anglo American (AAL) 1,407.50p -1.02%St James's Place (STJ) 760.50p -0.98%CRH (CRH) 1,622.00p -0.98%NR
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29 Jan 2024 11:31

Lloyds to scrap mobile bank branches as moves towards online banking

(Alliance News) - Lloyds Banking Group PLC is shutting down its mobile banking service this year, after revealing plans to shed 1,600 jobs across its branch network as it moves ahead in the shift towards online banking.

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25 Jan 2024 14:41

Lloyds Banking Group to cut 1,600 jobs across branch network

(Sharecast News) - Lloyds Banking Group said on Thursday that it will cut around 1,600 jobs across branches as it continues to shift its focus to online banking.

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25 Jan 2024 10:36

BoE says 'ring fencing' capital rules for retail banks need no big overhaul

LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday that its rules requiring banks to "ring fence" their retail arms with bespoke buffers of capital have worked satisfactorily with no major overhaul needed.

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25 Jan 2024 10:05

Bank of England says 'ring fencing' capital rules for retail banks need no major overhaul

LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday that its rules requiring banks to "ring fence" their retail arms with bespoke buffers of capital have worked "satisfactorily" with no major overhaul needed.

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23 Jan 2024 12:37

UK Chancellor Hunt meets top UK bank heads over plans to boost City

(Alliance News) - Jeremy Hunt has met the UK's biggest banks as part of efforts among the government to boost interest in the City.

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23 Jan 2024 09:21

LONDON BROKER RATINGS: HSBC cuts Compass; Berenberg lowers Victrex

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

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22 Jan 2024 08:34

LONDON MARKET OPEN: FTSE 100 follows New York into the green

(Alliance News) - Stock prices in London opened higher on Monday, propelled by gains on Wall Street at the end of last week.

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18 Jan 2024 14:33

Britain's finance minister Hunt to quiz bank bosses on UK lending

LONDON, Jan 18 (Reuters) - Britain's finance minister Jeremy Hunt will meet the bosses of top British banks next Tuesday to seek reassurance they can keep lending to the economy, four sources familiar with the matter said on Thursday.

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17 Jan 2024 12:00

LONDON MARKET MIDDAY: UK inflation uptick, weak China data hits stocks

(Alliance News) - Stock prices in London were lower at midday Wednesday, as hotter-than-expected UK inflation data served as a setback to early rate cut expectations.

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15 Jan 2024 16:57

LONDON MARKET CLOSE: Sluggish stocks slip back in absence of US spur

(Alliance News) - Stocks in London were marked lower on Monday with the lack of direction from Wall Street, with US markets closed, adding to the subdued mood.

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11 Jan 2024 17:03

M&S shares, Wall Street sell-off drag FTSE lower

U.S. inflation data sparks selloff

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11 Jan 2024 11:36

UK finance watchdog probes possible motor finance misconduct

LONDON, Jan 11 (Reuters) - Britain's finance watchdog said on Thursday it would start looking into the motor finance industry, amid rising tensions between thousands of consumers and finance providers about commission arrangements.

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11 Jan 2024 09:26

TOP NEWS: Big Yellow rent hike saves revenue from decreased occupancy

(Alliance News) - Big Yellow Group PLC on Thursday said that revenue and lettable area had increased despite occupancy dropping during the "seasonally weaker third quarter".

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4 Jan 2024 12:56

Royal London tabling bid to buy bulk annuities from Lloyds - report

(Sharecast News) - Life insurance, pensions and investments group Royal London is in discussions to purchase Scottish Widows' bulk annuities arm, according to Sky News.

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2 Jan 2024 22:01

Top-rated US companies raise over $29 billion in new-year bond supply rush

Jan 2 (Reuters) - Top-rated U.S. companies raised over $29 billion in debt on Tuesday, giving the corporate bond market a strong start to the new year, as the companies tapped demand from investors anticipating lower interest rates later this year.

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