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Share Price Information for Lloyds (LLOY)

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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
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London open: Chinese data, JP Morgan weighs on stocks

Fri, 11th May 2012 08:28

- Chinese industrial output, inflation data disappoints- Spain to ask for EFSF support, according to reports- JP Morgan surprise trading loss causes concernsThe FTSE 100 fell sharply in early trading on Friday as weak Chinese data, Spanish concerns and a surprise trading loss from JP Morgan Chase and Co weighed on sentiment.Industrial production figures in China disappointed early on as investment growth eased to a near 10-year low in April. Output increased by 9.3% year-on-year last month, down from the 11.9% rise in March and well below the 12.2% gain expected. This was the lowest growth rate since May 2009. Fixed asset investment growth slowed from 20.9% to 20.2% in April, its slowest level since late 2002.Chinese consumer price inflation slowed from 3.6% to 3.4% in April, under the government's 4% target again, fuelling speculation for further monetary easing.Meanwhile, there were rumours that Spain could ask for support from the Eurozone bailout fund, the European Financial Stability Facility (EFSF). The nation's banks have €184bn in "problematic" property and construction assets, says the Bank of Spain. According to MarketWatch.com, the country could ask the EFSF for €300bn.UK banking stocks were under pressure early on after US investment bank JP Morgan Chase & Co shocked the market after the bell on Thursday by revealing its second-quarter performance will be dented by a huge trading loss on synthetic credit securities at its Chief Investment Office. The firm said that so far the losses amounted to $2bn but could "easily increase during the quarter".FTSE 100: IAG, banks and miners out of favourSoaring fuel costs contributed to a larger than expected first-quarter loss at International Consolidated Airlines Group (IAG), the airline formed by the merger of British Airways and Iberia. The airline reported an operating loss of €249m in the first quarter (compared with a €102m loss last year), an outcome worse than the €230m loss the market had been expecting. Banks were heavy fallers in the opening hour on the back of the JP Morgan surprise trading loss. Barclays, Royal Bank of Scotland, Lloyds and HSBC were among the worst performers.Meanwhile, mining stocks were pushed lower after the gloomy Chinese data weighed on the demand outlook from the world's second-largest economy. Rio Tinto, ENRC, BHP Billiton and Vedanta all fell into the red.Oil and gas services group Petrofac fell despite saying that its year-to-date performance has been in line with expectations and it still remains on track to grow net profits by at least 15% in 2012. FTSE 250: Catlin avoids catastrophe claimsSpeciality insurance company Catlin Group jumped after seeing an increase in the amount of premiums written in the three months to the end of March, while avoiding any catastrophe claims. Overall premiums are up 12% against the prior year, totalling $1.642bn.Mining stocks dropped, tracking their top-tier counterparts lower with Hochschild Mining, Lonmin, Ferrexpo, Petropavlovsk, Bumi, Avocet Mining and New World Resources suffering steep losses.FTSE 100 - RisersMarks & Spencer Group (MKS) 358.20p +2.96%Severn Trent (SVT) 1,674.00p +1.95%Man Group (EMG) 87.35p +1.63%Next (NXT) 2,979.00p +0.88%United Utilities Group (UU.) 635.50p +0.87%Shire Plc (SHP) 2,007.00p +0.85%Kingfisher (KGF) 288.20p +0.84%Sainsbury (J) (SBRY) 311.70p +0.74%Tate & Lyle (TATE) 698.50p +0.72%National Grid (NG.) 674.00p +0.60%FTSE 100 - FallersBarclays (BARC) 201.40p -3.54%Eurasian Natural Resources Corp. (ENRC) 520.50p -3.07%Vedanta Resources (VED) 1,086.00p -2.86%Evraz (EVR) 337.30p -2.80%Rio Tinto (RIO) 3,065.50p -2.67%Glencore International (GLEN) 385.90p -2.67%Kazakhmys (KAZ) 755.50p -2.64%Xstrata (XTA) 1,060.50p -2.53%BHP Billiton (BLT) 1,824.50p -2.51%Royal Bank of Scotland Group (RBS) 22.48p -2.47%FTSE 250 - RisersNorthgate (NTG) 203.50p +5.28%Stobart Group Ltd. (STOB) 123.80p +4.47%Catlin Group Ltd. (CGL) 430.60p +2.87%Ruspetro (RPO) 170.00p +2.29%Debenhams (DEB) 78.70p +2.27%Essar Energy (ESSR) 132.50p +2.24%Berkeley Group Holdings (The) (BKG) 1,247.00p +2.13%Telecity Group (TCY) 780.00p +1.83%Bovis Homes Group (BVS) 464.00p +1.71%Domino Printing Sciences (DNO) 580.50p +1.49%FTSE 250 - FallersImagination Technologies Group (IMG) 605.50p -4.19%Lonmin (LMI) 911.50p -3.85%Hochschild Mining (HOC) 418.00p -3.73%Logica (LOG) 71.15p -3.66%Ferrexpo (FXPO) 252.70p -3.37%Petropavlovsk (POG) 422.50p -3.14%Aquarius Platinum Ltd. (AQP) 106.20p -2.75%Heritage Oil (HOIL) 132.20p -2.58%Supergroup (SGP) 326.10p -2.07%Ophir Energy (OPHR) 522.00p -1.97%BC
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23 Feb 2024 10:13

IN BRIEF: Lloyds launches GBP2 billion share buyback programme

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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

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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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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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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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