Browsing Tag
London Stock Exchange
142 posts
Babcock (LSE: BAB) absorbs Type 31 charge but keeps FY27 outlook intact
Babcock’s Type 31 charge hurts profits, but cash flow and buybacks keep the turnaround alive. The execution risk now moves to FY27.
Intertek board opens door to EQT’s £60-a-share takeover bid as ITRK trades near 52-week high
Intertek says its strategy can create value. EQT is offering cash now. The £60-a-share bid turns patience into a boardroom test.
Tate & Lyle (LSE: TATE) shares jump as Ingredion takeover approach puts $3.7bn food ingredients deal in focus
Ingredion wants Tate & Lyle at a steep premium. The bigger question is whether food reformulation has become the next M&A battleground.
Spire Healthcare (LSE: SPI) takeover talks: Why Toscafund’s 250p bid could reshape the UK private hospital investment case
Spire Healthcare found a buyer before the market found conviction. Toscafund’s 250p approach now tests UK healthcare valuation logic.
Magnum Ice Cream (NYSE: MICC) jumps 10.9% on Blackstone and CD&R takeover talk just five months after the Unilever spinoff
Magnum spun out of Unilever at 7.8 billion euros. Froneri sold at 15 billion. Blackstone and CD&R are watching. The summer ice cream season decides the bid.
Resolute Mining (ASX: RSG) rallies 5.4% as gold rally lifts Doropo construction thesis
A Malian detention almost broke Resolute Mining in 2024. Now (ASX: RSG) sits on US$315M net cash and a Côte d'Ivoire mine under construction.
Lloyds (LSE: LLOY) drops 3.6% on FTSE 100’s heaviest volume as gilt yields and politics hit UK banks
Lloyds was the heaviest-traded stock on the FTSE 100 today with no company news. Gilt yields at 30-year highs and a Starmer crisis did the work instead.
Vodafone (LSE: VOD) sinks 9% as Germany customer losses overshadow FY26 cash flow beat
Vodafone beat guidance and raised the dividend. Shares fell 9% anyway. Germany lost 77k contract customers in Q4, and FY27 is guided lower. Why retail is split.
JD Sports (LSE: JD.) closes 4.6% lower as Nike exposure and FY27 guidance weigh
JD Sports trades at 5x forward earnings near a multi-year low. The market is pricing another profit decline, not a Nike recovery or a takeover bid.
Anglo American (LSE: AAL) closes 3.9% higher as copper hits record on China acid ban
Iran war disrupted sulphur. China halted acid exports. Chile's copper output is squeezed. Anglo American shareholders are watching the whole chain unfold.