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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

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Share Price: 55.56
Bid: 55.64
Ask: 55.66
Change: -0.52 (-0.93%)
Spread: 0.02 (0.036%)
Open: 56.22
High: 56.32
Low: 54.98
Prev. Close: 56.08
LLOY Live PriceLast checked at -

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London afternoon: Stocks in consolidation mode

Fri, 18th Dec 2009 14:21

Blue-chips moved sideways over the lunch-time session, consolidating the morning's gains.Goldman Sachs has given a lift to the oil sector, tipping BP as the 'clear winner' among oil companies next year, though it also rates UK operators BG and Royal Dutch Shell over their continental European counterparts Total, ENI and Repsol.BP is upgraded to 'buy' by the influential US bank while Shell is rated as a 'conviction buy' and BG a 'buy'.Demand for oil stocks was also boosted by reports of Iranian troops marching over the Iraqi border and laying claim to a dormant oilfield, but the story has subsequently been denied by Iraq's deputy Minister of the Interior, Ahmed Ali al-Khafaji, who said the field, which is on the Iran-Iraq border, has been 'neglected by both sides'.Kazakhmys, Antofagasta, BHP Billiton, Vedanta and Xstrata catch the eye in a buoyant mining sector but the best performing blue-chip is knee and hip joint supplier Smith & Nephew after UBS bumped up its price target for the stock.Having been hit hard yesterday following the Basel Committee report, banks are on the back foot again today. Barclays, Royal Bank of Scotland and Lloyds all fall back, with Lloyds sliding despite JPMorgan Chase bumping its price target for the stock by 10% and Exane BNP Paribas upgrading the shares from 'neutral' to 'outperform'. Port operator Forth Ports said it expects full year results to be at the lower end of expectations due to weak trading in its Nordic recycling division and in its container services operations at Tilbury port near London.In contrast, temporary power supplier Aggreko says trading has been better than expected during the last three months of the year, leaving 2009 operating profit up by more than a quarter. The stock is set to replace rat-catcher and laundry firm Rentokil Initial in the FTSE 100 index next week.Car dealer Inchcape is wanted after SocGen upgraded its earnings forecasts by around 5% to 6% for the next two years. Ground engineering specialist Keller confirmed that it is on track to meet full year expectations. In its Interim Management Statement on 12 November, the group reported that both revenues and margins since the first half had been below the comparable period in 2008.Online gaming group Partygaming expects underlying earnings this year to be slightly ahead of market forecasts after solid trading since September. Revenue is expected to be in line with expectations, its statement added, with all four of its product streams showing quarter-on-quarter net growth.Ryanair said it has no plans to reopen discussions with Boeing or any other aircraft manufacturers after talks between the two groups on new aircraft orders were terminated unsuccessfully. Topps Tiles has effectively shut down its Dutch operation after withdrawing financial support from the loss-making subsidiary. The cost will be £1m and be reflected in the next figures. The Dutch subsidiary comprises 12 stores and accounted for 4% of the group's revenue in 2009, but made a loss of £4.9m.Social housing maintenance specialist Mears has agreed terms for an all paper takeover of home care group Supporta. Mears will offer 0.115 of its shares for each for each Supporta share, valuing Supporta in total at approximately £27.2m and each share at 31p.Shares in Brainspark surged after the technology-focused investment company said it had raised £550,000 through a placing to finance its acquisition, announced last month, of a 10.87% stake in Mediapolis. The firm placed 110m shares at 0.5p a time, a 40% premium over the mid-market share price.Online betting firm Sportingbet said the main trends seen in the first quarter have continued and trading across the business is in line with expectations.
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21 Mar 2024 10:28

TOP NEWS: Virgin Money and Nationwide agree terms of acquisition

(Alliance News) - Nationwide Building Society on Thursday said that it had finalised terms for its acquisition of Virgin Money UK PLC, and set out the details of the deal set to create "the second largest provider of mortgages and savings in the UK".

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20 Mar 2024 08:44

Paypoint and Lloyds Banking Group extend cards partnership agreement

(Alliance News) - Lloyds Banking Group PLC will become the main card acquiring partner for PayPoint PLC under a deal announced on Wednesday.

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5 Mar 2024 09:55

IN BRIEF: Darktrace hires former Trainline HR head as new CPO

Darktrace PLC - Cambridge, England-headquartered cybersecurity company - Hires David Smith as new chief people officer, effective from April 15. Smith joins Darktrace from CPO role, assumed in September 2021, at software-as-a-service platform 10x Banking Technology Ltd. Company says he "has over 15 years' experience...in a range of people roles". These include serving as HR & talent director at Trainline PLC from October 2018 to November 2020. His other previous employers include Lloyds Banking Group PLC and Cleo AI Ltd.

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1 Mar 2024 15:06

London close: Stocks start the month with positive close

(Sharecast News) - London's financial markets finished in positive territory on Friday, with investor sentiment buoyed by the recent easing of inflation in the United States, as market participants mulled the latest manufacturing data from the UK.

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26 Feb 2024 16:09

Director dealings: Lloyds Banking chairman makes share purchase

(Sharecast News) - Lloyds Banking Group revealed on Monday that chairman Robin Budenberg had acquired 1.0m ordinary shares in the FTSE 100-listed financial services giant.

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26 Feb 2024 12:33

IN BRIEF: Lloyds Chair Robin Budenberg buys GBP455,000 in shares

Lloyds Banking Group PLC - Edinburgh-based financial services firm - Chair Robin Budenberg buys 1.0 million shares at GBP0.4549, worth GBP454,925, in London on Friday.

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26 Feb 2024 09:07

LONDON BROKER RATINGS: Jefferies raises ITM Power to 'buy'

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

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23 Feb 2024 10:13

IN BRIEF: Lloyds launches GBP2 billion share buyback programme

Lloyds Banking Group PLC - Edinburgh-based financial services firm - Commences share buyback for up to GBP2 billion worth of ordinary shares. The buyback, conducted by Morgan Stanley & Co International PLC, will run until December 31. Lloyds says that the purpose of the programme is to reduce its ordinary share capital, and the company intends to cancel all repurchased shares.

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23 Feb 2024 09:19

LONDON BROKER RATINGS: Barclays raises Breedon but cuts Domino's Pizza

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

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22 Feb 2024 16:26

London close: Stocks rise amid raft of solid earnings

(Sharecast News) - London's stock markets finished in positive territory on Thursday, bolstered by upbeat performances from US AI chipmaker Nvidia and engine manufacturer Rolls-Royce.

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22 Feb 2024 09:59

CORRECT: Lloyds profit rises but books GBP450 million probe provision

(Correcting sum of Lloyds Banking Group PLC's final dividend.)

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22 Feb 2024 08:24

TOP NEWS: Lloyds profit rises but books GBP450 million probe provision

(Alliance News) - Lloyds Banking Group PLC on Thursday reported an annual profit surge and announced a new share buyback, though it said it has booked a provision in connection to a UK watchdog probe on historic motor finance arrangements.

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22 Feb 2024 07:49

LONDON BRIEFING: Lloyds sets aside GBP450 million for UK motor probe

(Alliance News) - Stocks in London are set to higher on Thursday, as earnings from Nvidia, at the heart of an artificial intelligence boom, did not disappoint.

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22 Feb 2024 07:03

Lloyds FY profit soars, puts aside £450m for motor finance probe

(Sharecast News) - Lloyds Bank on Thursday reported a 57% jump in full-year profits and announced another £2bn share buyback, but also set aside £450m for the regulatory probe into UK motor financing.

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21 Feb 2024 09:18

Thursday preview: Global PMIs, Lloyds in focus

(Sharecast News) - All eyes on Thursday will be on a raft of purchasing managers' surveys due out in the euro area, UK and US covering the month of January.

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