London pre-open: Stocks set to dip, US political soap opera in focus
19th Jul 2024 07:04
(Sharecast News) - Stocks in London looked set for a muted start as investors digested the latest political headlines out of the US and their potential implications for the stock market.
Read moreHargreaves Lansdown investor questions fairness of takeover bid
24th Jun 2024 20:10
(Sharecast News) - Hargreaves Lansdown shareholder Lancaster Investment Management said on Monday that it remains "unconvinced" that a takeover offer by a consortium led by CVC Capital Partners is fair for all shareholders.
Read moreJefferies lifts Hargreaves Lansdown price target, cuts to 'hold'
19th Jun 2024 09:28
(Sharecast News) - Jefferies lifted its price target on Hargreaves Lansdown on Wednesday to 1,140p from 1,035p but cut the rating to 'hold' from 'buy' after the investment platform said a day earlier that it would recommend a 1,140p a share takeover offer from a consortium led by CVC.
Read moreLondon close: Stocks manage a positive finish
18th Jun 2024 16:33
(Sharecast News) - London stocks closed on a high note on Tuesday, buoyed by strong performances from key sectors and a notable rise in Whitbread shares following positive first-quarter results.
Read moreHargreaves willing to recommend new takeover offer from CVC consortium
18th Jun 2024 13:54
(Sharecast News) - Hargreaves Lansdown said on Tuesday that it would be willing to recommend a firm takeover approach at 1,140p a share from a consortium led by CVC Capital Partners and has therefore requested an extension to the 'put up or shup up' deadline.
Read moreHargreaves Lansdown to seek bid extension - report
18th Jun 2024 13:48
(Sharecast News) - Hargreaves Lansdown is reportedly set to extend talks with a consortium of private investors who have proposed buying the company in a deal worth about £5bn.
Read moreLondon close: Stocks mixed after disappointing retail sales data
24th May 2024 15:19
(Sharecast News) - London stocks closed with mixed results on Friday, influenced by earlier declines in the US and Asian markets, as investors reacted to a larger-than-expected drop in UK retail sales.
Read moreLondon close: Stocks slip on UK election, US jobless claims
23rd May 2024 16:46
(Sharecast News) - London stocks ended lower on Thursday, mirroring Wall Street's decline as jobless claims in the US fell more than anticipated.
Read moreHargreaves Lansdown rejects takeover offer from CVC-backed consortium
23rd May 2024 07:18
(Sharecast News) - Hargreaves Lansdown confirmed on Thursday that it had rejected a 985p per share takeover offer from a consortium comprising of CVC, Nordic Capital and Platinum Ivy, which is a wholly-owned subsidiary of Abu Dhabi Investment Authority.
Read moreLondon close: Stocks follow Wall Street into the red
30th Apr 2024 17:08
(Sharecast News) - London markets closed in the red on Tuesday, turning weaker during the afternoon to mirror the decline in Wall Street equities, as investors monitored the start of the Federal Reserve's two-day policy meeting.
Read moreHargreaves Lansdown sees 'good momentum' in Q3, new client numbers surge
30th Apr 2024 09:30
(Sharecast News) - Financial services business Hargreaves Lansdown said on Tuesday that it had seen "good momentum" in Q3, with inflows growing and new customers surging almost threefold throughout the period.
Read moreSunday newspaper round-up: Stamp duty, Wind energy, Metro Bank
31st Mar 2024 19:06
(Sharecast News) - Investment companies are calling on government to bin the stamp duty on share trading in order to revive the London stock market and the country's economy. The bosses at Abrdn, AJ Bell, Hargreaves Lansdown and Interactive Investor all told The Mail on Sunday that politicians must pledge to ditch the tax. According to Abrdn's Stephen Bird, the levy was unpatriotic and economically destructive. Removing it might be the single biggest boost to UK share ownership, he said. - The Financial Mail on Sunday
Read moreLondon close: Stocks finish firmer ahead of Easter break
28th Mar 2024 16:08
(Sharecast News) - London's equity markets closed higher on Thursday ahead of the Easter break, despite lingering concerns over the UK's recessionary status in the latter part of last year.
Read moreLondon close: Stocks finish positive as US inflation moderates
29th Feb 2024 16:05
(Sharecast News) - London's stock markets finished with moderate gains on Thursday, buoyed by a combination of factors including a slowdown in US inflation, robust UK earnings reports, and encouraging mortgage approvals figures.
Read moreDirector dealings: Hargreaves Lansdown chair raises stake
27th Feb 2024 16:00
(Sharecast News) - Hargreaves Lansdown revealed on Tuesday that chairperson Alison Platt had acquired 18,696 ordinary shares in the FTSE 250-listed financial services company.
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