Financial


 Plus500 Registers 25,000 New Sign-Ups, Resulting in Average Revenue per User of $1,548

Plus500 Registers 25,000 New Sign-Ups, Resulting in Average Revenue per User of $1,548

October 28, 2024 08:58 AM GMT| By Team Kalkine Media

Highlights,Plus500 Ltd reported an 11% year-on-year revenue increase, reaching $187.3 million for Q3 2024.,The company achieved a 21% rise in new customer sign-ups, totaling nearly 25,000 for the quarter.,Plus500 maintains a debt-free status with cas...

 Greencoat UK Wind's Capital Structure Improved via Share Buyback

Greencoat UK Wind's Capital Structure Improved via Share Buyback

October 28, 2024 08:00 AM GMT| By Team Kalkine Media

Highlights,Greencoat UK Wind PLC has completed a share buyback, acquiring 250,000 ordinary shares at an average price of 135.69 pence.,The repurchased shares will be held in treasury, increasing the total number of treasury shares to 42,342,072.,This...

 Plus500 Reports Revenue and Customer Growth in Q3 2024, Expands in New Markets

Plus500 Reports Revenue and Customer Growth in Q3 2024, Expands in New Markets

October 28, 2024 07:36 AM GMT| By Team Kalkine Media

Highlights,Revenue Growth,: Plus500's revenue increased by 11% to $187.3 million in Q3 2024, reflecting steady business expansion.,New Customer Growth,: The number of new customers rose by 21% year-on-year, demonstrating the company’s effective globa...

 City of London (LON:CTY) Shares Fall Below Fifty-Day Moving Average

City of London (LON:CTY) Shares Fall Below Fifty-Day Moving Average

October 25, 2024 10:24 AM BST| By Team Kalkine Media

Highlights,City of London shares fell below their 50-day moving average during trading on Thursday.,The company has announced a dividend payout scheduled for November 29, with an ex-dividend date of October 24.,Current financial metrics include a mar...

 FTSE 100 Live: Index Sees Fluctuations; NatWest Delivers Strong Results; Consumer Outlook Dims Ahead of Budget

FTSE 100 Live: Index Sees Fluctuations; NatWest Delivers Strong Results; Consumer Outlook Dims Ahead of Budget

October 25, 2024 09:24 AM BST| By Team Kalkine Media

Highlights,Thames Water seeks £3 billion liquidity extension to stabilize finances amidst significant debt.,NatWest Group reports a 26% increase in third-quarter profits, improving outlook.,GfK reveals a decline in consumer confidence ahead of the up...

 NatWest's Q3 Profits Surge by One-Third, Leading to Increased Goals

NatWest's Q3 Profits Surge by One-Third, Leading to Increased Goals

October 25, 2024 09:10 AM BST| By Team Kalkine Media

Highlights,NatWest Group reported a 35.3% increase in profits for Q3, reaching £1.17 billion compared to £866 million the previous year.,The bank raised its full-year income forecasts, now projecting adjusted income of £14.4 billion, up from £14 bill...

 Record plc Announces $106 Billion in Assets Under Management in Q2 2025 Trading Update

Record plc Announces $106 Billion in Assets Under Management in Q2 2025 Trading Update

October 25, 2024 08:59 AM BST| By Team Kalkine Media

Highlights,AUM Increased by $3.3 billion:,Record’s AUM reached $106.0 billion at the end of Q2 2025, driven by favorable currency movements.,Stable Performance Fees:,While no Q2 performance fees were crystalized, the H1 2025 fees stood at £1.6 millio...

 Abrdn PLC Shares Drop as Net Outflows Continue in Q3

Abrdn PLC Shares Drop as Net Outflows Continue in Q3

October 24, 2024 11:12 AM BST| By Team Kalkine Media

Highlights:,Abrdn reports £3.1 billion in net outflows across all segments in Q3 2024.,Chief executive Jason Windsor vows to address performance challenges and drive transformation.,Abrdn targets up to £150 million in cost savings by the end of FY202...

 $89 Million Fine Slapped on Goldman Sachs and Apple for Credit Card Issues

$89 Million Fine Slapped on Goldman Sachs and Apple for Credit Card Issues

October 24, 2024 11:12 AM BST| By Team Kalkine Media

Highlights:,Goldman Sachs and Apple have been fined over $89 million by the CFPB for mishandling customer disputes related to Apple Card.,Goldman will pay $19.8 million in compensation and a $45 million penalty, while Apple faces a $25 million penalt...

 NatWest Group Set for Q3 Results, Eyes on Margins, Loan Growth, and Impairments

NatWest Group Set for Q3 Results, Eyes on Margins, Loan Growth, and Impairments

October 24, 2024 11:12 AM BST| By Team Kalkine Media

Highlights:,NatWest shares are the best-performing among FTSE 100 banks this year.,The lender expects full-year income to reach around £14 billion, following strong first-half performance.,Investors will focus on impairments, margins, and loan growth...

 Lloyds Share Price Rise Reach £1 Over the Next Year

Lloyds Share Price Rise Reach £1 Over the Next Year

October 24, 2024 10:37 AM BST| By Team Kalkine Media

Highlights,Strong Performance,: Lloyds shares have surged 45.1% over the past year, significantly outpacing the FTSE 100's 13.67% increase.,Market Influences,: Recent drops in UK consumer price inflation and anticipated interest rate cuts are expecte...

 S&P 500 Outlook Enhanced by HSBC Amid Goldilocks Scenario in Markets

S&P 500 Outlook Enhanced by HSBC Amid Goldilocks Scenario in Markets

October 24, 2024 09:46 AM BST| By Team Kalkine Media

Highlights,Revised Price Target,: HSBC has raised its year-end price target for the S&P 500 to 5,900, reflecting a favorable macroeconomic environment.,Positive Earnings Outlook,: The bank projects a 13% growth in earnings per share for 2024, driven...

 Strong Growth of 9.5% Recorded in LSEG's Third-Quarter Income

Strong Growth of 9.5% Recorded in LSEG's Third-Quarter Income

October 24, 2024 09:14 AM BST| By Team Kalkine Media

Highlights,Strong Revenue Growth,: London Stock Exchange Group reported a 9.5% increase in total income for the third quarter compared to the previous year.,Annual Subscription Value Increases,: The company’s annual subscription value (ASV) rose by 6...

 Barclays' Annual NII Guidance Increased as Q3 Profits Climb

Barclays' Annual NII Guidance Increased as Q3 Profits Climb

October 24, 2024 09:09 AM BST| By Team Kalkine Media

Highlights,Barclays Raises Net Interest Income Guidance,: The bank has increased its full-year net interest income forecast following a strong third-quarter performance.,Profit Before Tax Increases,: Barclays reported a profit before tax of £2.2 bill...

 Barclays Q3 2024 Results Show RoTE of 12.3%, On Track to Meet 2024 and 2026 Targets

Barclays Q3 2024 Results Show RoTE of 12.3%, On Track to Meet 2024 and 2026 Targets

October 24, 2024 08:06 AM BST| By Team Kalkine Media

Highlights,Strong RoTE Performance,: Barclays achieved a 12.3% return on tangible equity in Q3 2024, with full-year RoTE targets on track for 10%.,Upgraded NII Guidance,: Barclays UK net interest income forecast for 2024 has increased from £6.3bn to...

 Oakley Capital Investments Reports Quarterly Trading Update with Stable NAV Amid Currency Challenges

Oakley Capital Investments Reports Quarterly Trading Update with Stable NAV Amid Currency Challenges

October 23, 2024 03:07 PM BST| By Team Kalkine Media

Highlights,Stable NAV Amid Currency Challenges,: OCI reported a NAV per share of 693 pence, with a total NAV of £1.222 billion, facing a -2% total NAV return impacted by foreign exchange fluctuations.,New Investments and Strong Financial Position,: T...

 Montanaro European Smaller Stock Price Declines Under 50 Day Moving Average

Montanaro European Smaller Stock Price Declines Under 50 Day Moving Average

October 23, 2024 10:33 AM BST| By Team Kalkine Media

Highlights,Movement Below the 50-Day Average,: The stock crossed below its 50-day moving average of 143.49 GBX, indicating a potential shift in market sentiment.,Trading Range,: During the session, shares traded as low as 143.30 GBX, reflecting downw...

 Lloyds Banking Shares Strengthen Following Q3 Profit Increase

Lloyds Banking Shares Strengthen Following Q3 Profit Increase

October 23, 2024 10:18 AM BST| By Team Kalkine Media

Highlights,Profit Surplus,: Adjusted pre-tax profit surpassed expectations by 11%, aided by a lower-than-forecast impairment charge.,Strong Net Interest Margin,: The net interest margin (NIM) for the third quarter was reported at 295 basis points, sl...

 Index Shows Decline; Gold Tops $2,750; Lloyds Achieves Strong Profit

Index Shows Decline; Gold Tops $2,750; Lloyds Achieves Strong Profit

October 23, 2024 10:10 AM BST| By Team Kalkine Media

Highlights,Lloyds Banking Group reported third-quarter pre-tax earnings of £1.8 billion, surpassing analyst expectations despite a slight decline from the previous year.,Reckitt Benckiser experienced a 0.5% drop in like-for-like revenue in the third...

 Lloyds' Q3 Earnings Reflect Lesser Decline Than Forecast

Lloyds' Q3 Earnings Reflect Lesser Decline Than Forecast

October 23, 2024 09:56 AM BST| By Team Kalkine Media

Highlights,Lloyds reported a statutory profit before tax of £1.82 billion for Q3 2024, a 2% decline year-on-year but surpassing analyst forecasts.,Underlying net interest income decreased by 6% to £3.23 billion, while total net income was down 4% yea...

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