The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 52.18
Bid: 52.26
Ask: 52.30
Change: 0.12 (0.23%)
Spread: 0.04 (0.077%)
Open: 52.38
High: 52.90
Low: 52.18
Prev. Close: 52.06
LLOY Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London afternoon: Rolls celebrates another big order

Wed, 24th Nov 2010 14:36

Barely a dozen or so FTSE 100 constituents are in the red today as the blue-chip index sets about clawing back some of the losses of the last two days, despite continued concerns about the Irish debt crisis and the military tensions in Korea.Better than expected jobs data from the US put investors in a more optimistic frame of mind and prompted an upward surge by the Footsie. First-time jobless claims fell by a bigger than expected 34,000 to 407,000 in the week ended 20 November, figures from the Department of Labor revealed. Economists had expected small decline to 435,000. UK banks have shrugged off the news that credit ratings agency Standard & Poor's (S&P) has cut its debt rating for Ireland as the Irish government puts the finishing touches to a four-year plan to slash its deficit. Lloyds, Barclays and Royal Bank of Scotland all make headway.Among today's risers on the back of company updates is Compass, which has upped its dividend by a third as cash and new business flowed through the contract caterer's door over the past year. Revenues rose by 7.6% to £14.5bn in the year to September, with underlying growth of 3.2%.The stock is playing second fiddle to Intertek Group on the Footsie leaderboard, however, after Goldman Sachs added the product tester to its "conviction buy" list. Also added to the list is outsourcing group Capita, while fellow outsource Serco is jubilant after it won an 8-year £200m contract to expand the services it performs on behalf of Hertfordshire County Council.Engine maker Rolls-Royce endured a spell of turbulence earlier this month when a fault on its engines prompted Qantas to ground its A380 super-jumbo aircraft, but the bad publicity has not deterred the Emirates airline from awarding the UK company a $1.2bn order to provide engine services for 50 of its aircraft. The order follows hot on the heels of the $1.8bn engine order from China that Rolls-Royce announced at the start of this week.Platinum giant Johnson Matthey is showing a bit of sparkle after it saw good growth in most of its markets in the first half, especially catalysts for cars in North America and Asia. Profit before tax rose to £144.1m in the half-year to 30 September from £109.5m the year before. SABMiller, the world's second-biggest brewer, has advanced into territory dominated by top dog Anheuser-Busch Inbev with the purchase of CASA Isenbeck, Argentina's third-largest brewer.Capital Shopping Centres, formerly part of Liberty International, is lower after has confirmed it is close to agreeing the purchase of Manchester's Trafford Centre in a deal worth £1.6bn. Interim results from water supplier United Utilities were slightly ahead of management expectations, but investors are in no mood to buy defensive stocks today, it seems, as the shares fall back. In the six months to 30 September the company made an underlying profit before tax of £196.2m, down from £258.2m the year before.Away from the FTSE 100, buy-to-let mortgage lender Paragon reported a sharp increase in full year profit on strong rental demand, a decrease in its provision for losses and as the turmoil of the credit market crisis continues to fade. Sub-prime lender Provident Financial has seen a pick-up in the home credit loan sales since the end of October, putting the firm on track for a "good" 2010.Another company set for a strong year is IDOX, the document management company that actually seems to be doing better in local government as a result of pressure from Westminster to cut costs. Full year results are set to be materially ahead of market expectations, the company said, and with strong cash generation and good revenue visibility, the company will be in a position to accelerate its dividend growth when it announces its full year results in January.Sportingbet, the online bookie, is higher after saying it continues to see strong growth in the 'in play' side of the business. Amounts wagered in the three month period to 31 October - the group's first quarter - rose 10.9% to £513.9m from £463.2m the year before, with the sums bet on sporting events in play rising 27%.HaiKe Chemical, a China-based manufacturer of petrochemicals, speciality chemicals and biochemicals, has seen a 'material improvement' in trading in all of its businesses since its last half-year. The company posted an interim loss of $21.2m, against a profit of $10.8m, but following the recent improvement HaiKEe expects to recoup most of the first half deficit by the year-end.Test results from Afren's Okwok-9 appraisal well have confirmed the Okwok field, offshore south east Nigeria, is economically viable and big enough to commercially develop. The oil company, which began drilling the well late August, needed at least 25 million barrels to make the field worthwhile.Shares of retinal imaging company Optos rose over 8% as it returned to profit and issued a confident outlook.Media rights group Galleon sinks lower after it said it has not been able to agree acceptable terms on £2m worth of deals it had expected to complete this year. New discussions have been initiated for these rights while discussions for other expected contracts are still ongoing, Galleon said.Global data capture and processing solutions provider DRS Data has seen an acceleration in revenue growth in the second half of the year on the back of new one-off contracts to conduct censuses in Zambia and Pakistan.Thor Mining thundered higher this morning, rising by more than 70% at one stage, before coming off the top after the AIM-listed miner said it knew of no reason for the share price movement.
More News
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.

Read more
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:

Read more
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.

Read more
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.

Read more
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.

Read more
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

Read more
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.

Read more
17 Nov 2023 09:55

LONDON BROKER RATINGS: Shore cuts Sage; Barclays raises NatWest

(Alliance News) - The following London-listed shares received analyst recommendations on Friday and Thursday.

Read more
15 Nov 2023 16:59

LONDON MARKET CLOSE: Investors see end of sky-high rates in sight

(Alliance News) - Stock prices in London closed higher on Wednesday, with a pair of cooler inflation readings from either side of the Atlantic lifting spirits and driving largely broad-based gains in equities.

Read more
14 Nov 2023 13:44

Halifax, First Direct, HSBC UK among lenders cutting UK mortgage rates

(Alliance News) - Major lenders have announced new mortgage rate cuts in the UK, widening the choice for borrowers searching for deals under the 5% mark.

Read more
3 Nov 2023 08:43

LONDON MARKET OPEN: FTSE 100 climbs as focus turns to US nonfarms

(Alliance News) - Stock prices in London opened on the up on Friday, looking set to round off a positive week on the up, though a red-hot US jobs report could keep a lid on gains.

Read more
27 Oct 2023 21:11

EXECUTIVE CHANGES: Anglesey Mining chair ousted, Strix CFO to retire

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and Friday and not separately reported by Alliance News:

Read more
27 Oct 2023 17:08

LONDON MARKET CLOSE: Poorly-received earnings weigh on European stocks

(Alliance News) - Stock prices in London closed mixed on Friday, hurt by share price falls for the banking sector, while investors also digested underwhelming earnings elsewhere and a US inflationary reading.

Read more
27 Oct 2023 12:06

LONDON MARKET MIDDAY: Oil majors lift FTSE 100 but banks fall

(Alliance News) - Stock prices in London were up at midday on Friday, as the FTSE 100 was led higher by oil majors, tracking a rise in the Brent price.

Read more
27 Oct 2023 11:04

UAE lender to support Barclays family with £1bn bid for Telegraph - report

(Sharecast News) - First Abu Dhabi Bank, the largest bank in the United Arab Emirates, is rumoured to be the backer of the Barclays family's £1bn bid for The Telegraph.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.