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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: 51.88
Bid: 48.00
Ask: 53.16
Change: 0.00 (0.00%)
Spread: 5.16 (10.75%)
Open: 0.00
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Low: 0.00
Prev. Close: 51.88
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Sector movers: Aberdeen boosts financials, Petrofac dampens oil services

Mon, 18th Nov 2013 15:02

Aberdeen Asset Management was a high riser in London on Monday, providing a lift to the financial sectors as investors celebrated the company's annual results and acquisition of Scottish Widows Investment Partnership (SWIP).The fund management group said that it would buy SWIP from Lloyds for £550m and form a long-term strategic partnership with the bank for the distribution of funds across its Wealth, Insurance, Commercial Banking and Retail businesses.The consideration will be satisfied by the issue of 131.8m new Aberdeen shares to Lloyds, equivalent to a 9.9% stake.Aberdeen said that the acquisition adds "breadth and depth" to its existing product offering and "enhances its position as a leading independent global asset manager".The company also reported annual pre-tax profit jumped 39% on net revenue up 24%, as it raised its full-year dividend by 39% to 16p per share.Michael Hewson, Chief Market Analyst at CMC Markets, said that Aberdeen gave financials a boost this afternoon with banking stocks in particular "enjoy[ing] some of their best gains in days, rebounding after three successive weeks of losses with the best performers being Standard Chartered and RBS".HSBC, Lloyds and Barclays were also putting in decent gains today.Heading the other way was the oil services sector which dropped sharply after heavyweight constituent Petrofac gave a cautious outlook for the next two years.Petrofac's share price was down 16.6% before the close of trade at 1,200p after the company predicted "flat to modest growth" in net income next year. The company, which designs, builds and operates oil and gas infrastructure, said the guidance reflects the rephasing of both the Upper Zakum project in Abu Dhabi and the second stage of the Berentai project in Malaysia.Meanwhile, it also said that targets for 2015 were dependent on the timing of certain contracts during 2014.Others in the sector including John Wood Group, Lamprell and Hunting were also trading in the red.Top performing sectors so far todayFinancial Services 7,446.89 +1.58%Technology Hardware & Equipment 1,120.76 +1.39%Personal Goods 24,037.86 +1.20%Banks 4,907.94 +1.16%Automobiles & Parts 8,692.93 +1.11%Bottom performing sectors so far todayOil Equipment, Services & Distribution 23,256.74 -5.74%Software & Computer Services 1,107.76 -1.26%Construction & Materials 4,305.35 -0.85%Electricity 9,016.74 -0.42%Real Estate Investment Trusts 2,533.28 -0.40%BC
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31 Jul 2023 11:00

Britain's banks told to justify low savings rates by end of August

LONDON, July 31 (Reuters) - Britain's banks and building societies have until the end of August to justify to regulators why some of their savings rates are low or face sanctions, the markets watchdog said on Monday, as Bank of England rates look set to rise to their highest since 2008.

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28 Jul 2023 14:03

UK's Telegraph and Spectator appoint Goldman Sachs to run sale

LONDON, July 28 (Reuters) - The boards of the Telegraph newspaper and The Spectator magazine, led by recently appointed chair Mike McTighe, have appointed investment bank Goldman Sachs and law firm Linklaters to advise on their sale, they said in a statement on Friday.

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27 Jul 2023 15:44

UK dividends calendar - next 7 days

Friday 28 July 
3i Group PLCdividend payment date
abrdn Private Equity Opportunities Trust PLCdividend payment date
abrdn Smaller Companies Income Trust PLCdividend payment date
Barings Emerging EMEA Opportunities PLCdividend payment date
Big Yellow Group PLCdividend payment date
British Land Co PLCdividend payment date
Edinburgh Investment Trust PLCdividend payment date
Gooch & Housego PLCdividend payment date
Helical PLCdividend payment date
Henderson High Income Trust PLCdividend payment date
Hipgnosis Songs Fund Ltddividend payment date
JPMorgan Global Emerging Markets Income Trust PLCdividend payment date
Martin Currie Global Portfolio Trust PLCdividend payment date
Paragon Banking Group PLCdividend payment date
Personal Assets Trust PLCspecial dividend payment date
Personal Assets Trust PLCdividend payment date
Polar Capital Holdings PLCdividend payment date
Premier Foods PLCdividend payment date
Real Estate Credit Investments Ltddividend payment date
Schroder Income Growth Fund PLCdividend payment date
Shires Income PLCdividend payment date
Troy Income & Growth Trust PLCdividend payment date
Vertu Motors PLCdividend payment date
Monday 31 July 
CT Private Equity Trust PLCdividend payment date
European Assets Trust PLCdividend payment date
Lowland Investment Co PLCdividend payment date
Tuesday 1 August 
discoverIE Group PLCdividend payment date
F&C Investment Trust PLCdividend payment date
Johnson Matthey PLCdividend payment date
Mercantile Investment Trust PLCdividend payment date
Next PLCdividend payment date
TR Property Investment Trust PLCdividend payment date
United Utilities Group PLCdividend payment date
Wednesday 2 August 
Tate & Lyle PLCdividend payment date
Thursday 3 August 
Aberforth Smaller Companies Trust PLCex-dividend payment date
Aptitude Software Group PLCex-dividend payment date
Atrato Onsite Energy PLCex-dividend payment date
Axiom European Financial Debt Fund Ltdex-dividend payment date
Brunner Investment Trust PLCex-dividend payment date
BT Group PLCex-dividend payment date
Caledonia Investments PLCdividend payment date
CML Microsystems PLCex-dividend payment date
Dunedin Income Growth Investment Trust PLCex-dividend payment date
Foxtons Group PLCex-dividend payment date
Games Workshop Group PLCex-dividend payment date
GB Group PLCdividend payment date
Inchcape PLCex-dividend payment date
Invesco Perpetual UK Smaller Companies Investment Trust PLCex-dividend payment date
JPMorgan Global Core Real Assets Ltdex-dividend payment date
Jupiter Fund Management PLCex-dividend payment date
Jupiter Fund Management PLCspecial ex-dividend payment date
Lloyds Banking Group PLCex-dividend payment date
M&G Credit Income Investment Trust PLCex-dividend payment date
Mobico Group PLCex-dividend payment date
Moneysupermarket.com Group PLCex-dividend payment date
Nichols PLCex-dividend payment date
Oxford Instruments PLCex-dividend payment date
Picton Property Income Ltdex-dividend payment date
Polar Capital Global Financials Trust PLCex-dividend payment date
Polar Capital Global Healthcare Trust PLCex-dividend payment date
Reckitt Benckiser Group PLCex-dividend payment date
Rentokil Initial PLCex-dividend payment date
Schroder Real Estate Investment Trust Ltdex-dividend payment date
Starwood European Real Estate Finance Ltdex-dividend payment date
Tyman PLCex-dividend payment date
Unilever PLCex-dividend payment date
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WH Smith PLCdividend payment date
  
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27 Jul 2023 09:38

LONDON BROKER RATINGS: Shore Capital cuts AO World to 'sell'

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

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27 Jul 2023 06:00

Banks tread tricky tightrope with politically exposed clients

LONDON, July 26 (Reuters) - The war of words between NatWest and erstwhile customer Nigel Farage has underscored the challenges global banks face in handling clients who could be defined as a politically exposed person, or PEP.

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26 Jul 2023 16:54

LONDON MARKET CLOSE: Europe falls amid pre-Fed decision caution

(Alliance News) - Blue-chip stock prices in Europe closed lower on Wednesday, as risk aversion set in ahead of a Federal Reserve interest rate decision later.

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26 Jul 2023 13:53

Banks tread tricky tightrope with politically exposed clients

LONDON, July 26 (Reuters) - The war of words between NatWest and erstwhile customer Nigel Farage has underscored the challenges global banks face in handling clients who could be defined as a politically exposed person, or PEP.

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26 Jul 2023 12:21

Shares fall as Fed rate rise looms

Euro STOXX down 0.9%

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26 Jul 2023 12:05

European banks flag bad loan risks as global economy falters

LONDON/MILAN/MADRID, July 26 (Reuters) - Europe's major banks, including Deutsche Bank and Lloyds Banking Group, on Wednesday pointed to the rising risk of bad loans as the global economy struggles with slow growth and high inflation.

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26 Jul 2023 10:04

TOP NEWS: Lloyds raises guidance following "robust" half year earnings

(Alliance News) - Lloyds Banking Group PLC said it was "well positioned to deliver" on its ambitions and raised its full-year guidance off the back of higher income and profit in the last six months.

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26 Jul 2023 09:25

NatWest's Alison Rose, trail-blazing finance boss, bows out after Farage breach

LONDON, July 26 (Reuters) - NatWest's departing CEO Alison Rose until recently told colleagues she had weathered more than her fair share of crises, steering the state-backed lender through the COVID-19 pandemic and market fallout from war in Europe and chaos in Westminster. But ultimately it was committing the cardinal sin of breaching the confidence of a client, former Brexit Party leader Nigel Farage, that cost her her job.

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26 Jul 2023 07:52

LONDON BRIEFING: Lloyds raises guidance; Rio Tinto profit down

(Alliance News) - Stocks in London are called to open lower on Wednesday, following a slew of earnings from UK companies, as well as an interest rate decision from the US Federal Reserve.

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26 Jul 2023 07:03

Lloyds Bank interim profits surge 23%

(Sharecast News) - Lloyds Bank on Wednesday reported another surge in earnings, although slightly below expectations, and set aside more cash for bad loans amid pressure to provide hard pressed savers better returns.

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25 Jul 2023 12:26

Wednesday preview: Federal Reserve, Lloyds in the spotlight

(Sharecast News) - All eyes on Wednesday would be on the U.S. Federal Reserve and whether or not it signaled that interest rates hikes would stop after this policy meeting.

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25 Jul 2023 09:21

Mitie boosts revenue in "traditionally" lower first quarter

(Alliance News) - Mitie Group PLC on Tuesday reported robust revenue growth in its first quarter with GBP1.1 billion in new or extended contracts, providing optimism for the year ahead.

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