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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

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Share Price: 54.90
Bid: 54.88
Ask: 54.90
Change: -0.88 (-1.58%)
Spread: 0.02 (0.036%)
Open: 55.22
High: 55.22
Low: 54.74
Prev. Close: 55.78
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London afternoon: BP misses out

Mon, 10th May 2010 14:18

It's almost a clean sweep among FTSE 100 constituents for stocks on the rise, with the notable exception of BP, which continues to be dragged down by mounting expenses for its oil spill clean-up.Banks are leading the advance on the back of the €720bn deal to prop up the euro agreed by ministers at the weekend. Barclays, Lloyds and Royal Bank of Scotland (RBS) all rack up double-digit percentage gains with Asia-focused bank Standard Chartered close behind. Market rumours suggest that RBS is set to announce 2,500 job cuts today.Miners are also going well as the apparent stabilisation of the situation bodes well for the global economy. Mining company Anglo American is to get out of the zinc business, selling its portfolio of zinc assets to Vedanta Resources. Vedanta is paying $1,338m for Anglo American Zinc on an attributable, debt and cash free basis.South African platinum miner Lonmin bounced back into the black at the interim stage on sharply increased revenue. Profit before tax for the six months to 31 March was $77m compared to a loss of $196m a year earlier. Revenue grew to $661m from $436m at the interim stage last year.On the company announcement front, Centrica remains positive about the earnings outlook for 2010 as British Gas has added over 200,000 residential energy accounts so far this year and the upstream UK business maintains production targets. The group said its UK residential energy supply business British Gas had a "very strong" start to the year, with the number of joint energy and services households it serves up 50,000.BG Group has boosted its US shale gas interests with the acquisition of a 50% stake in partner EXCO's acreage in the Appalachian Basin at a total cost of $950m. Water company United Utilities has agreed to sell its Australian business to a consortium led by Mitsubishi Corporation for A$225m. The consideration payable for United Utilities Australia includes A$176m in cash and A$49m in net debt.Tougher competition and higher costs on some newer public sector contracts have hit contractor and support services group Interserve's performance so far in 2010.Moving to the FTSE 250, strong demand pushed up diamond prices during the first quarter of 2010, Gem Diamonds said today. "The better than expected Christmas sales in the US, restocking in the cutting centers and continued strong demand for diamond jewellery in India and China have resulted in strong rough and polished diamond prices," boss Clifford Elphick wrote in a trading update.Funeral home operator Dignity said underlying operating profit in the first quarter of 2010 was flat, while revenue edged higher. Revenue increased by 1.9% in the 13 week period to 26 March 2010 to £53.9m from £52.9m in the corresponding period of 2009.Rockhopper Exploration has found that samples recovered from a test well in waters off the Falkland Islands have all shown to be oil, indicated a good quality reservoir and a mobile crude oil.African Eagle is "extremely pleased" with the remaining assay results from its recently completed drilling programme at Ngasamo Hill, part of its Dutwa Nickel project in Tanzania.Bioquell, the bio-decontamination (BIO-DECON) technologies and compliance services specialist, has tumbled to its lowest in over 12 months following a full-year profits warning.
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14 Dec 2023 12:00

Fnality completes 'world's first' blockchain payments at Bank of England

LONDON, Dec 14 (Reuters) - Fnality, a blockchain-based wholesale payments firm, said on Thursday that shareholders Lloyds Banking Group, Santander and UBS had completed the "world's first" live transactions that digitally represent funds held at a central bank.

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12 Dec 2023 09:10

UK lenders face smaller impact from Basel rules than rivals, BoE says

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, far less than for their European Union and U.S. peers.

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12 Dec 2023 07:16

BoE says UK lenders to be hit less than EU, U.S. rivals by Basel capital rules

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, less than for their European Union and U.S. peers.

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8 Dec 2023 09:39

LONDON BROKER RATINGS: Goldman likes Sainsbury's; RBC cuts Imperial

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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7 Dec 2023 10:16

LONDON BROKER RATINGS: JPMorgan lowers IAG; Exane BNP cuts Vodafone

(Alliance News) - The following London-listed shares received analyst recommendations Thursday and Wednesday:

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4 Dec 2023 13:42

Barclay family repays debt to Lloyds amid potential sale of Telegraph

(Alliance News) - The Barclay family has repaid the nearly GBP1.2 billion that it owed to Lloyds Banking Group PLC, opening up its chance to transfer control of the Telegraph newspaper to an Abu Dhabi-backed fund.

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30 Nov 2023 09:57

Lloyds to shut 45 branches

(Sharecast News) - Lloyds Banking Group is to shut another 45 branches, it was confirmed on Thursday, as lenders continue to downsize their estates.

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30 Nov 2023 09:18

Lloyds, Halifax and Bank of Scotland to shut another 45 branches

(Alliance News) - Lloyds Banking Group PLC is shutting another 45 branches across its network and the Halifax and Bank of Scotland brands amid the ongoing shift away from high street banking.

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28 Nov 2023 15:30

London close: Stocks slip after mountain of broker notes

(Sharecast News) - London's stock markets finished in the red on Tuesday as investors deliberated over the latest shop price data, as well as a deluge of broker notes.

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28 Nov 2023 09:27

LONDON BROKER RATINGS: Goldman starts M&G at 'buy'; Citi hikes B&M

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

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28 Nov 2023 08:53

LONDON MARKET OPEN: Stocks slide in Europe; Rolls-Royce outperforms

(Alliance News) - Stock prices in London opened in the red on Tuesday, amid a lack of strong positive catalysts to provide momentum.

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28 Nov 2023 07:42

LONDON BRIEFING: Rolls-Royce plans disposals, sets out 2027 targets

(Alliance News) - Stocks in London are called lower on Tuesday, with a stronger pound likely to weigh on the FTSE 100.

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26 Nov 2023 09:49

PRESS: Lloyds Banking mulls jobs cuts to trim costs - Reuters

(Alliance News) - Lloyds Banking Group PLC is putting 2,500 jobs at risk as part of cost-cutting plans, Reuters reported on Friday.

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19 Nov 2023 19:07

Sunday newspaper round-up: Tax cuts, The Telegraph, Tata Steel

(Sharecast News) - The Prime Minister and his Chancellor are mulling last minute reductions to income taxes or the inheritance tax in a bid to boost economic output, as well as their party's odds at the next elections. The tax cuts would be aimed at low and middle income earners with the impact on inflation to be offset by a decrease on welfare payments or other cuts. Postponing a widely anticipated cut to the inheritance tax is also being looked into, as halving the 40% rate has seen accusations of a hand out to the rich in the midst of a cost-of-living crisis being levied against them. - The Sunday Times

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17 Nov 2023 14:11

IN BRIEF: H&T Group receives funding facility of GBP10 million

H&T Group PLC - pawnbroker and retailer of new and pre-owned jewellery - Receives funding facility of GBP10 million from Allica Bank Ltd. Says this additional funding will help to support growth in its pledge book, as well as investment in the store portfolio. The facility comprises a term loan with a maturity which coincides with, and which has the option to extend maturity in line with, the group's existing funding facilities provided by Lloyds Bank PLC. Interest will be charged at 4% above base rate.

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