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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

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Share Price: 55.78
Bid: 55.82
Ask: 55.84
Change: -0.60 (-1.06%)
Spread: 0.02 (0.036%)
Open: 56.42
High: 56.66
Low: 55.72
Prev. Close: 56.38
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London midday: Shares drift lower on bail-out doubts

Tue, 11th May 2010 12:16

The leading share index is posting triple-digit losses as nerves set in over the prospects for the €750bn bailout agreed by European governments to prevent economic collapse in countries that use the euro.Banks are among the worst performers, most notably part-nationalised Royal Bank of Scotland. The taxpayer-owned bank has agreed to pay the US government $500m to settle charges it conspired to violate the US Bank Secrecy Act. The Department of Justice said ABN Amro, the lender RBS bought in 2007, had helped banks and customers from blacklisted countries, such as Cuba, Iran, Libya, and Sudan, to carry out transactions. Barclays and Lloyds are also suffering.Among the handful of risers is the service company Serco, which is on track to meet its financial guidance for 2010 after a strong performance in the first half of the year so far. The company, whose activities include operating London's Docklands Light Railway and prison vans, entered 2010 with a record order book of £17.1bn. It has signed contracts worth about £1bn so far this year.In other company news, life insurer Aviva is one, It grew sales for the second successive quarter as its core life and pensions businesses in the UK and Europe pushed ahead. Long-term savings sales for three months to March this year rose by 16% over the previous quarter to over £10.2bn, in line with the first quarter of 2009.TUI Travel is to take a £90m hit for the impact of the disruption caused by the volcanic ash cloud, but intends to sue national governments to get the money back. The tour operator added that forward bookings have held up well despite the disruption though pre-tax losses increased to £367m from £333m in the half-year to March. Revenues fell 8% to £4.93bn from £5.38bn.Another company hit by the volcano cloud, EasyJet, reported a smaller than expected first half loss but cut its full year profit forecast due to the travel disruption. The carrier revised its profit expectations for the year to a range of £100m to £150m at current exchange rates and fuel price, down from expectations of £175m to £200m prior to the recent volcanic ash related disruption.Recent listing Supergroup will report sales rose by 83% over the previous year when it reports its first figures since it joined the stock market. The fashion group behind the Superdry label said total sales for year to end April rose by £63m to £139m. Retail sales were up 75% to £85m (an increase of £36m) with like-for-like sales up 17% for the year. Wholesale sales rose by 98% to £54m.Engineering support services group Babcock International reported a rise in profits in the year to March 31 and said it expected to see continuing demand for its efficiency-delivering services as pressure on public spending increases.Pub group Enterprise Inns is a stand-out riser after the pub group said it had agrees a £625m debt facility. The company, which leases out pubs to landlords rather than managing them centrally, has been struggling with difficult trading conditions in recent years, as was underlined by a fall in profits reported today. Fellow tenanted pub group Punch Taverns is higher in sympathy.FTSE 100 - RisersRandgold Resources (RRS) 5,700.00p +2.15%BT Group (BT.A) 118.50p +1.89%Aggreko (AGK) 1,256.00p +1.21%G4S (GFS) 266.10p +0.72%Imperial Tobacco Group (IMT) 1,825.00p +0.61%Serco Group (SRP) 617.50p +0.24%National Grid (NG.) 609.00p +0.16%Sage Group (SGE) 238.10p -0.00%ICAP (IAP) 366.70p -0.22%Cobham (COB) 243.80p -0.29%FTSE 100 - FallersXstrata (XTA) 1,020.00p -6.59%Vedanta Resources (VED) 2,410.00p -5.53%Kazakhmys (KAZ) 1,254.00p -5.36%Royal Bank of Scotland Group (RBS) 49.02p -5.28%Anglo American (AAL) 2,626.00p -4.58%Rio Tinto (RIO) 3,221.50p -4.34%Standard Chartered (STAN) 1,679.50p -4.33%TUI Travel (TT.) 247.50p -4.33%Barclays (BARC) 316.85p -3.87%Legal & General Group (LGEN) 80.60p -3.82%FTSE 250 - RisersEnterprise Inns (ETI) 133.50p +9.34%Connaught (CNT) 328.50p +4.32%Babcock International Group (BAB) 579.00p +3.95%VT Group (VTG) 746.00p +2.19%Marston's (MARS) 94.70p +1.83%Punch Taverns (PUB) 80.40p +1.77%Regus (RGU) 113.30p +1.25%Restaurant Group (RTN) 227.00p +0.98%Telecity Group (TCY) 392.60p +0.67%BH Macro EUR Shares (BHME) € 16.81 +0.60%FTSE 250 - FallersRedrow (RDW) 132.40p -7.67%Gem Diamonds (GEMD) 265.60p -6.15%Helical Bar (HLCL) 312.30p -5.91%Berkeley Group Holdings (BKG) 766.50p -5.25%BlueBay Asset Management (BBAY) 334.60p -4.84%Gartmore Group (GRT) 146.10p -4.76%Hochschild Mining (HOC) 242.10p -4.72%easyJet (EZJ) 421.70p -4.64%Yell Group (YELL) 47.73p -4.54%Taylor Wimpey (TW.) 36.19p -4.51%
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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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20 Feb 2024 16:52

LONDON MARKET CLOSE: Pound boosted after BoE's Bailey talks rate cuts

(Alliance News) - Stock prices in London closed lower on Tuesday, whilst the pound bounced back, after the Bank of England's Andrew Bailey talked interest rate cuts.

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20 Feb 2024 11:57

LONDON MARKET MIDDAY: Banking stocks drag FTSE 100 into green

(Alliance News) - Stock prices in London were mixed at midday Tuesday, after a busy morning of corporate updates and earnings.

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20 Feb 2024 09:18

IN BRIEF: GCP Infrastructure enters into new revolving credit facility

GCP Infrastructure Investments Ltd - Jersey-based investment fund focused on infrastructure - Announces that it entered into a new revolving credit facility on Thursday. The RCF has a three-year term and has been agreed with Lloyds Bank PLC, Mizuho Bank Ltd, Allied Irish Bank and Clydesdale Bank PLC acting as lenders. GCP says it has reduced the total RCF commitments to GBP150 million from GBP190 million, in line with the company's capital policy as outlined in its 2023 annual report. In December, GCP adopted a policy realising around 15% of its portfolio, GBP150 million, to "rebalance sectors and reduce equity exposures, and to apply the funds towards a material reduction in the RCF", as well as to facilitate the return of at least GBP50 million to shareholders by the end of calendar 2024.

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20 Feb 2024 08:52

LONDON MARKET OPEN: Stocks slide; banks rise as Barclays outperforms

(Alliance News) - Stock prices in London opened in the red on Tuesday, as European markets failed to find upward momentum amid muted trading in Asia, and Monday's public holiday in the US.

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16 Feb 2024 14:59

London close: Stocks rise as UK retail sales rebound

(Sharecast News) - London's stock markets saw positive gains on Friday, buoyed by encouraging UK retail sales data and favourable earnings reports from NatWest.

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15 Feb 2024 14:42

UK earnings, trading statements calendar - next 7 days

Friday 16 February 
NatWest Group PLCFull Year Results
Segro PLCFull Year Results
TBC Bank Group PLCFull Year Results
Monday 19 February 
Bank of Cyprus Holdings PLCFull Year Results
MoneySupermarket.com PLCFull Year Results
Transense Technologies PLCHalf Year Results
Wilmington PLCHalf Year Results
Tuesday 20 February 
Antofagasta PLCFull Year Results
Barclays PLCFull Year Results
BHP Group LtdHalf Year Results
Coca-Cola Europacific Partners PLCFull Year Results
Gran Tierra Energy IncFull Year Results
InterContinental Hotels Group PLCFull Year Results
Petra Diamonds LtdHalf Year Results
Springfield Properties PLCHalf Year Results
Wednesday 21 February 
BAE Systems PLCFull Year Results
Conduit Holdings LtdFull Year Results
Glencore PLCFull Year Results
HSBC Holdings PLCFull Year Results
Rio Tinto PLCFull Year Results
Riverstone Credit Opportunities Income PLCFull Year Results
Tate & Lyle PLCTrading Statement
Thursday 22 February 
Anglo American PLCFull Year Results
Genus PLCHalf Year Results
Hargreaves Lansdown PLCHalf Year Results
Hays PLCHalf Year Results
Hikma Pharmaceuticals PLCFull Year Results
Indivior PLCFull Year Results
Jupiter Fund Management PLCFull Year Results
Lloyds Banking Group PLCFull Year Results
ME Group International PLCFull Year Results
Morgan Sindall Group PLCFull Year Results
Pantheon International PLCHalf Year Results
Rolls-Royce Holdings PLCFull Year Results
WPP PLCFull Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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8 Feb 2024 13:50

Santander reportedly lodges complaint about Nationwide ad

(Sharecast News) - Santander UK has filed a formal complaint with Britain's advertising regulator over a Nationwide campaign which it claims "discredits and denigrates" the high street banking sector.

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5 Feb 2024 10:25

PRESS: Iran used Lloyds and Santander to evade sanctions, FT reports

(Alliance News) - Shares in Lloyds Banking Group PLC and Banco Santander SA fell on Monday, after a report that Iran used the two banks to covertly move money around the world as part of a sanctions-evasion scheme.

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30 Jan 2024 09:32

LONDON BROKER RATINGS: BoA cuts Barratt, Persimmon; ups Taylor Wimpey

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

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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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