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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

London Stock Exchange
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Share Price: 51.76
Bid: 51.71
Ask: 51.73
Change: 0.09 (0.17%)
Spread: 0.02 (0.039%)
Open: 52.23
High: 52.43
Low: 51.57
Prev. Close: 51.67
LLOY Live PriceLast checked at -

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London pre-open: Stellar gains ahead

Fri, 26th Feb 2010 07:37

London's blue chips are expected to open sharply higher, with banking shares likely to be in focus after Lloyds reported full-year figures. Traders anticipate a 60 points gain when the market opens.Lloyds Banking joined sector peers Barclays and Royal Bank of Scotland in reporting better than expected figures. The part-nationalised lender reported a pre-tax loss of £6.3bn in the year ended 31 December compared with £6.71bn last time. Total income rose to £23.96bn from £21.36bn last time. Investment analysts were expecting Lloyds to announce a pre-tax loss of £7.4bn on revenue of £22.6bn. However, total impairments were significantly higher at £23.99bn compared with £14.88bn in 2008, but the figure was still slightly better than the £24.2bn Japanese broker Nomura expected.Outsourcing group Serco has increased the dividend by a quarter as it ramped up profits by almost a third in 2009 and ended the year with a record order book. Profit before tax for the 12 months ended 31 December hit £177.1m, up from £136.1m in 2008, on revenue up 27.1%, or 20.8% excluding currency, to £3.97bn.Better winnings from its football book meant a strong fourth quarter for bookmaker William Hill with the current year also largely on course despite the cancellations in events sparked by the freezing weather. Profits in 2009 tumbled by 59% to £121m including nearly £77m of one-off costs, though underlying profits of £258.5m, down by 7%, were slightly better than forecast last month. Underlying earnings per share dropped 35% to 20.6p reflecting the rights issue last year.Engineering giant Rolls-Royce has agreed to buy the outstanding 67% it doesn't own of Norwegian marine technology group ODIM ASA for £154m in cash. The price per share offered is the same Rolls-Royce paid for its 33% holding last year. ODIM ASA specialises in handling systems for seismic and offshore vessels. Laundry and workwear group Davis Service has appointed ex-Tate & Lyle to the board in a shake-up of its non-executive representatives at director level.Cost-cutting and an increase in average online spending helped property website Rightmove improve underlying profit in 2009, but income fell 1% at the pre-tax level. Profit before tax fell to £37.8m in the 12 months to 31 December from £38.2m the year before on revenue down 6% to £69.4m. Underlying operating profit rose 2% to £41.9m.
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Today 09:29

Baltimore bridge collapse likely to result in multibillion-dollar insurance claims -Lloyd's of London

LONDON, March 28 (Reuters) - The collapse of Baltimore's Francis Scott Key Bridge is likely to lead to a multi-billion dollar insurance loss, the chairperson of commercial insurance market Lloyd's of London said on Thursday.

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27 Mar 2024 14:42

Bank of England steps up scrutiny of private equity and bank valuations

LONDON, March 27 (Reuters) - The Bank of England said on Wednesday it was taking a deeper look at risks from the opaque private equity sector, and why valuations of Britain's main banks are "subdued" compared with international peers.

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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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