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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

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Share Price: 54.70
Bid: 54.70
Ask: 54.72
Change: -1.08 (-1.94%)
Spread: 0.02 (0.037%)
Open: 55.22
High: 55.22
Low: 54.22
Prev. Close: 55.78
LLOY Live PriceLast checked at -

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Sector movers: Diageo rises on Jose Cuervo speculation

Mon, 02nd Apr 2012 15:10

Drinks giants Diageo and SABMiller were making decent gains on Monday afternoon, meaning that the beverages sector was at the top of the pile.Diageo is rumoured to be nearing the acquisition of a further stake in Mexican tequila maker Jose Cuervo. According to media reports, Diageo could be buying a majority stake in the spirits group from Mexico's Beckmann family at a price that values the firm at over $3bn."Many big [spirits] companies don't have tequila and are knocking at our door. Of course they would like to buy us, but the family is very close knit, very solid and we don't need to sell," said Juan Beckmann Vidal back in May 2011 (cited in the Telegraph).Diageo already distributes Jose Cuervo in North America and Europe, along with other well-known spirit brands such as Captain Morgan rum, Smirnoff vodka and Johnnie Walker whisky.Heading the other way were the banks with Lloyds, Barclays, HSBC and Royal Bank of Scotland (RBS) registering moderate losses, tracking their European counterparts lower.Some of Europe's largest banks are already planning on returning the funds they got through the three-year LTROs (long-term refinancing operations) run by the European Central Bank (ECB) according to senior bankers cited in a front page piece in today's Financial Times (FT). RBS was making headlines today that it is looking to resume dividend payments to holders of its preference shareholders to signal its progress on the road to financial stability. The firm also announced this morning that it is to sell some of its Asia-Pacific businesses to fast-growing Malaysian outfit CIMB for £75m. Top performing sectors so far todayBeverages 11,468.40 +1.77%Technology Hardware & Equipment 812.41 +1.38%Tobacco 36,975.91 +1.31%Industrial Engineering 7,729.31 +0.88%Mining 20,288.45 +0.87%Bottom performing sectors so far todayBanks 3,844.30 -1.46%Financial Services 5,181.97 -0.87%Construction & Materials 3,504.83 -0.70%Real Estate Investment & Services 1,627.88 -0.61%Software & Computer Services 824.53 -0.60%BC
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20 Mar 2024 08:44

Paypoint and Lloyds Banking Group extend cards partnership agreement

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

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

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22 Feb 2024 07:49

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

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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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