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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: 56.08
Bid: 56.12
Ask: 56.14
Change: 0.28 (0.50%)
Spread: 0.02 (0.036%)
Open: 55.96
High: 56.24
Low: 55.78
Prev. Close: 55.80
LLOY Live PriceLast checked at -

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London open: Banks lead risers, RBS down

Thu, 03rd Dec 2009 08:21

Barclays and Lloyds are leading London's top stocks higher in early dealings on Thursday, though Royal Bank of Scotland is an exception.RBS has dropped on news that that the bank's board is threatening to resign en masse if Alistair Darling will veto the group's £1.5bn bonus pot.On the positive side, Barclays is the main riser. The Telegraph reports that Barclays is set to award its 22,000 investment bankers pay rises of up to 150%. Lloyds Banking is the second biggest riser, closely followed by DIY group Kingfisher.Kingfisher reported a 2.4% rise in third quarter sales thanks to a strong performance by its B&Q brand in the UK and Poland. Sales in the 13 weeks ended 31 October came to £2.69bn, up 5.6% on a reported basis and 2.4% in constant currencies. Like-for-like sales have increased by 0.8%, while retail profit jumped by 23.4% to £277m.Xstrata has approved a US$542m (£325m) investment to extend the life of its Ernest Henry Mining (EHM) copper-gold mine near Cloncurry in north-west Queensland, Australia, to at least 2024. The money will be spent on the transformation of open pit mining to a major underground mine. Anglo-Swedish drugs giant AstraZeneca is to licence TC-5214, the treatment for major depressive disorder (MDD) developed by biopharmaceutical company Targacept. The pair will work together on the global development and commercialisation of TC-5214, a late stage product which recently completed a phase IIb clinical trial. Engineering conglomerate Halma reported slightly lower half year profits but said order intake was lightly ahead of revenue. Pre-tax profit from continuing operations was down 2% at £38.1m in the 27 weeks to 3 October from £39m after incurring £1.7m of restructuring costs. Statutory pre-tax profit was down 1% at 35.4m.Train and bus operator Go Ahead has exchanged contracts to sell its airport ground handling and cargo operations to focus on its rail and bus activities. It is selling ground handling and cargo operations at Heathrow and Manchester Airport to Middle Eastern travel group Dnata for £15m. Pub group and brewer Marston's posted a sharp fall in profits in the year to 3 October, but these were ahead of previous expectations and the company said the improving trend of the second half has continued in recent weeks.Insurance broker Jardine Lloyd Thompson said it is in advanced talks to buy Midas Capital's iimia Wealth Management (iWM) unit for around £7.25m.Oil company Cairn Energy is to tackle its unwieldy share price by means of a 10 for 1 sub-division of its share capital.Asia-focused oil company Salamander Energy has agreed to farm out interests in five blocks in Northeast Thailand, Lao PDR and Vietnam to Australia's Origin Energy.Tanker broker ACM Shipping posted flat profits in the six months to September 30 as the recovery in oil prices kept demand buoyant.Equipment rental group Ashtead Group saw interim profits plummet and expects trading to remain tough in the second half of its financial year.Petra Diamonds, which part owns South Africa's Cullinan mine, has raised US$120m (£72.7m) from a placing of shares at 60p each to strengthen the balance sheet and develop its mines.FTSE 100 - RisersBarclays (BARC) 305.55p +2.71%Lloyds Banking Group (LLOY) 54.53p +2.69%British Airways (BAY) 207.60p +2.57%TUI Travel (TT.) 254.30p +2.38%Kingfisher (KGF) 241.60p +2.37%InterContinental Hotels Group (IHG) 872.00p +1.99%Whitbread (WTB) 1,319.00p +1.93%FTSE 100 - FallersRoyal Bank of Scotland Group (RBS) 33.22p -0.98%GlaxoSmithKline (GSK) 1,273.50p -0.66%Resolution (RSL) 83.45p -0.54%AstraZeneca (AZN) 2,758.00p -0.25%Shire Plc (SHP) 1,194.00p -0.17%G4S (GFS) 255.80p -0.12%SABMiller (SAB) 1,804.00p -0.06%
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14 Dec 2023 12:00

Fnality completes 'world's first' blockchain payments at Bank of England

LONDON, Dec 14 (Reuters) - Fnality, a blockchain-based wholesale payments firm, said on Thursday that shareholders Lloyds Banking Group, Santander and UBS had completed the "world's first" live transactions that digitally represent funds held at a central bank.

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12 Dec 2023 09:10

UK lenders face smaller impact from Basel rules than rivals, BoE says

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, far less than for their European Union and U.S. peers.

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12 Dec 2023 07:16

BoE says UK lenders to be hit less than EU, U.S. rivals by Basel capital rules

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, less than for their European Union and U.S. peers.

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8 Dec 2023 09:39

LONDON BROKER RATINGS: Goldman likes Sainsbury's; RBC cuts Imperial

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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7 Dec 2023 10:16

LONDON BROKER RATINGS: JPMorgan lowers IAG; Exane BNP cuts Vodafone

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

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4 Dec 2023 13:42

Barclay family repays debt to Lloyds amid potential sale of Telegraph

(Alliance News) - The Barclay family has repaid the nearly GBP1.2 billion that it owed to Lloyds Banking Group PLC, opening up its chance to transfer control of the Telegraph newspaper to an Abu Dhabi-backed fund.

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30 Nov 2023 09:57

Lloyds to shut 45 branches

(Sharecast News) - Lloyds Banking Group is to shut another 45 branches, it was confirmed on Thursday, as lenders continue to downsize their estates.

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30 Nov 2023 09:18

Lloyds, Halifax and Bank of Scotland to shut another 45 branches

(Alliance News) - Lloyds Banking Group PLC is shutting another 45 branches across its network and the Halifax and Bank of Scotland brands amid the ongoing shift away from high street banking.

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28 Nov 2023 15:30

London close: Stocks slip after mountain of broker notes

(Sharecast News) - London's stock markets finished in the red on Tuesday as investors deliberated over the latest shop price data, as well as a deluge of broker notes.

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28 Nov 2023 09:27

LONDON BROKER RATINGS: Goldman starts M&G at 'buy'; Citi hikes B&M

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

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28 Nov 2023 08:53

LONDON MARKET OPEN: Stocks slide in Europe; Rolls-Royce outperforms

(Alliance News) - Stock prices in London opened in the red on Tuesday, amid a lack of strong positive catalysts to provide momentum.

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28 Nov 2023 07:42

LONDON BRIEFING: Rolls-Royce plans disposals, sets out 2027 targets

(Alliance News) - Stocks in London are called lower on Tuesday, with a stronger pound likely to weigh on the FTSE 100.

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26 Nov 2023 09:49

PRESS: Lloyds Banking mulls jobs cuts to trim costs - Reuters

(Alliance News) - Lloyds Banking Group PLC is putting 2,500 jobs at risk as part of cost-cutting plans, Reuters reported on Friday.

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19 Nov 2023 19:07

Sunday newspaper round-up: Tax cuts, The Telegraph, Tata Steel

(Sharecast News) - The Prime Minister and his Chancellor are mulling last minute reductions to income taxes or the inheritance tax in a bid to boost economic output, as well as their party's odds at the next elections. The tax cuts would be aimed at low and middle income earners with the impact on inflation to be offset by a decrease on welfare payments or other cuts. Postponing a widely anticipated cut to the inheritance tax is also being looked into, as halving the 40% rate has seen accusations of a hand out to the rich in the midst of a cost-of-living crisis being levied against them. - The Sunday Times

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17 Nov 2023 14:11

IN BRIEF: H&T Group receives funding facility of GBP10 million

H&T Group PLC - pawnbroker and retailer of new and pre-owned jewellery - Receives funding facility of GBP10 million from Allica Bank Ltd. Says this additional funding will help to support growth in its pledge book, as well as investment in the store portfolio. The facility comprises a term loan with a maturity which coincides with, and which has the option to extend maturity in line with, the group's existing funding facilities provided by Lloyds Bank PLC. Interest will be charged at 4% above base rate.

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