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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

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Share Price: 56.38
Bid: 54.20
Ask: 57.00
Change: 0.00 (0.00%)
Spread: 2.80 (5.166%)
Open: 0.00
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Prev. Close: 56.38
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Thursday preview: Lloyds may unveil £500m PPI hit in H1 results

Wed, 30th Jul 2014 16:42

Lloyds Banking Group releases its half-year results on Thursday following its separation from TSB Banking Group.The lender is expected to take another £500m hit for payment protection insurance (PPI) mis-selling, taking the total it has set aside for the scandal to more than £10bn.On Monday the bank was fined a joint $370m by the UK's Financial Conduct Authority and US regulators for its alleged role in global interest rate rigging. Britain's Serious Fraud Office (SFO) is also investigating material linked to an inquiry into manipulation of benchmark rates, according to reports on Wednesday. Numis predicts the bank will report statutory pre-tax profit of £1.15bn after £2.26bn of adjustments including the provision for PPI, a £1bn charge for the exchange of enhanced capital notes into extra new tier 1 bonds, offset by a £700m defined benefit pension scheme gain. Underlying pre-tax profit is forecast at £3.4bn, up from £2.4bn the previous year, driven by a substantial pick-up in the banking net interest margin to 2.32% from 2.01% and a reduction in the loan impairment charge to £1.2bn from £1.8bn.Lloyds' results are among a swathe of company results out on Thursday including Diageo, Schroders, Weir, AstraZeneca, BAE Systems, BG Group, BT, Rolls Royce, Centrica and Thomas Cook. Thursday 31 JulyINTERIMSAstraZeneca, BAE Systems, BG Group, Bodycote, Centaur Media, Centrica, COLT Group SA, Countrywide, Dairy Farm International Holdings Ltd. (Singapore), Essentra, F&C Asset Management, Greencoat UK Wind, Hongkong Land Holding Ltd. (Sing.Reg), HydroDec Group, Inchcape, Intu Properties, Laird, Lloyds Banking Group, Management Consulting Group, Mandarin Oriental International (Singapore), Merlin Entertainments , Millennium & Copthorne Hotels, National Express Group, Promethean World, Rolls-Royce Holdings, Royal Dutch Shell 'A', Royal Dutch Shell 'B', RPS Group, Schroders, Schroders (Non-Voting), Spirent Communications, Telefonica SA, Volkswagen AG, Weir GroupINTERIM DIVIDEND PAYMENT DATEChrysalis VCT, Schroder UK Mid Cap FundQUARTERLY PAYMENT DATEJP Morgan Chase & Co, Middlefield Canadian Income PCC, Schroder Income Growth Fund, TwentyFour Select Monthly Income Fund LimitedINTERNATIONAL ECONOMIC ANNOUNCEMENTSChicago PMI (US) (14:45)Continuing Claims (US) (13:30)Initial Jobless Claims (US) (13:30)International Reserves (EU) (11:00)Retail Sales (GER) (07:00)Unemployment Rate (EU) (10:00)Unemployment Rate (GER) (08:55)Q2AstraZeneca, BG Group, Millennium & Copthorne Hotels, Royal Dutch Shell 'A', Royal Dutch Shell 'B', Samsung Electronics Co Ltd (ATT) GDR (Reg S), Telefonica SAGMSBraime (T.F.& J.H.) Holdings, Thor MiningFINALSDiageoANNUAL REPORTOxford InstrumentsIMSSInvestec, Thomas Cook GroupDRILLING REPORTKazakhmysSPECIAL DIVIDEND PAYMENT DATESchroder UK Growth FundAGMSBonmarche Holdings, Elektron Technology, Hotel Corporation (The), Jupiter Green Inv Trust, Messaging International, Octopus VCT , Pennon Group, Petrel Resources, Torotrak, Vitesse MediaUK ECONOMIC ANNOUNCEMENTSConsumer Confidence (09:30)GFK Consumer Confidence (00:05)FINAL DIVIDEND PAYMENT DATEAcal, Burberry Group, Caffyns, Crawshaw Group, Edinburgh Inv Trust, Mckay Securities, Panther Securities, Royal MailQ1BT GroupRD
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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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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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