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Hargreaves


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Lloyds' shares dip after Q2 results miss consensus expectations

BUZZ-Lloyds' shares dip after Q2 results miss consensus expectations ** Shares in UK's Lloyds LLOY.L fall 2% to 58.48p after it reported a 14% drop in its pre-tax profit for the first half of the year on Tuesday ** JP Morgan says Q2 results are below company-compiled consensus expectations, driven by a charge related to electric vehicle values in t
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Stocks flop on feeble earnings reports, oil in the doldrums

GLOBAL MARKETS-Stocks flop on feeble earnings reports, oil in the doldrums Europe's STOXX down 0.3%, U.S. futures dip on dour earnings U.S. data due later in week could offer direction Yen hits seven-week high, rate hike in the balance Updates prices By Lawrence White LONDON, July 24 (Reuters) - Stocks sagged worldwide on Wednesday as earnings from Tesla , Alphabet and European luxury brands disappointed, while oil prices traded near-six week lows as summer demand failed to surge.
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Stocks flop on feeble earnings reports, yen at seven-week high

GLOBAL MARKETS-Stocks flop on feeble earnings reports, yen at seven-week high Europe's STOXX down 1%, U.S. futures dip on dour earnings U.S. data due later in week could offer direction Yen hits seven-week high, rate hike in the balance Updates at 0815 GMT By Lawrence White LONDON, July 24 (Reuters) - Stocks sagged worldwide on Wednesday as earnings from Tesla , Alphabet as well as European luxury brands disappointed, while the yen surged to a seven-week high ahead of a central bank meeting next
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UK's easyJet shares jump after annual forecast boost

BUZZ-UK's easyJet shares jump after annual forecast boost ** Shares in UK's easyJet EZJ.L gain as much as 6.3% to 454.3p after co increased its annual forecast for its holidays division ** Hargreaves Lansdown finds Q3 numbers 'a little better than expected' and adds they give a respite following the share price instability for UK airlines due to Ryanair's results ** On Monday, shares of industry peer Ryanair RYA.I crashed after profits slumped as ticket prices plunged ** "Investors were bracing
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Starbucks, Panera Brands, updates Ecopetrol July 19 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1920 GMT on Friday: * * Activist investor Elliott Investment Management has built a sizeable stake in Starbucks SBUX.O , a source told Reuters. nL4N3JB1WN ** Panera Brands is exploring a sale of Caribou Coffee and Einstein Bros Bagels, as well as its other bagel brands, in a deal that could value the restaurant cha
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UK stocks end with weekly losses as commodity-linked stocks weigh

UPDATE 1-UK stocks end with weekly losses as commodity-linked stocks weigh FTSE 100 down 0.6%, FTSE 250 off 0.8% Miners, personal goods stocks leading declines UK retail sales fall 1.2% in June vs estimates 0.4% Updated at 1605 GMT By Purvi Agarwal and Roshan Abraham July 19 (Reuters) - London stocks finished the week lower amid a global cyber outage on Friday as investors assessed a fall in domestic retail sales in June, while commodity-linked stocks dropped, tracking declines in prices of c op
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: Bending Spoons, Ecopetrol, ION, Eletrobras, Skoda, Praxis Group, Sabesp July 19 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1500 GMT on Friday: ** Italian app developer Bending Spoons has bought California-based digital publishing platform Issuu, the companies said.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions July 19 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday: ** Britain's Hargreaves Lansdown HRGV.L extended the deadline by which a consortium led by CVC Capital would need to make a firm offer for the British investment platform to Aug. 5. nL4N3JB0SM ** Britain's competition regulator said it has cleared Nationwide Building Society's NBS.L proposed 2.9-billion-pound ($3.75 billion) all-cash deal to b
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UK's Hargreaves Lansdown extends deadline for led consortium's $6.9 bln takeover offer to Aug. 5

UK's Hargreaves Lansdown extends deadline for CVC-led consortium's $6.9 bln takeover offer to Aug. 5 July 19 (Reuters) - Britain's Hargreaves Lansdown HRGV.L on Friday extended the deadline by which a consortium led by CVC Capital would need to make a firm offer for the British investment platform to Aug. 5. The company, co founded by Peter Hargreaves, is preparing to sign off on a 5.41-billion-pound takeover if the group of investors table a formal offer.
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UK's Hargreaves Lansdown adds more clients on year-end tax-savings investments

UPDATE 1-UK's Hargreaves Lansdown adds more clients on year-end tax-savings investments Adds details on analysts' forecast and details on results in paragraph 4 and 5 July 19 (Reuters) - British investment platform Hargreaves Lansdown HRGV.L said on Friday its new customers and net new business rose in the fourth quarter, after more investors made tax-saving investments at the end of the fiscal year.
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UK's Hargreaves Lansdown adds more clients in Q4

UK's Hargreaves Lansdown adds more clients in Q4 July 19 (Reuters) - British investment platform Hargreaves Lansdown HRGV.L said on Friday it had seen a strong growth in new customers and a rise in net new business in the fourth quarter, after more investors made tax-saving investments at the end of the fiscal year. The Bristol-based company said net new clients were up 85% for the three months ended June 30, with net new businesses at 1.6 billion pounds ($2.07 billion).
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Hargreaves Lansdown Posts Q1 Closing Assets Under Administration Of £155.3 Bln

BRIEF-Hargreaves Lansdown Posts Q1 Closing Assets Under Administration Of £155.3 Bln July 19 (Reuters) - Hargreaves Lansdown PLC HRGV.L : HARGREAVES LANSDOWN - NET NEW BUSINESS OF £1.6 BILLION IN QUARTER HARGREAVES LANSDOWN - NET NEW CLIENTS OF 24,000 IN THE PERIOD, UP 85% YEAR ON YEAR, WITH 1,882,000 ACTIVE CLIENTS HARGREAVES LANSDOWN - QUARTER
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UK Stocks-Factors to watch on July 19

UK Stocks-Factors to watch on July 19 July 19 - Britain's FTSE 100 .FTSE index is seen opening lower on Friday, with futures FFIc1 down 0.4%. * DEFENCE: Senior executives from British defence firms including BAE BAES.L and Babcock BAB.L met Ukrainian President Volodymyr Zelenskiy to discuss the need to boost military support for the country in its conflict with Russia.
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AJ Bell posts higher AUA on recovering investor sentiments

UPDATE 1-AJ Bell posts higher AUA on recovering investor sentiments Adds background, details, and CEO's comment July 18 (Reuters) - British investment platform AJ Bell AJBA.L recorded a 20% year-on-year jump in its third-quarter assets under administration (AUA) for its platform business on Thursday, helped by a revival in investor sentiment. Stabilising market conditions and a slew of price reductions have reeled in new business for the investment platform.
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UK's Burberry at 14-yr low after CEO exit, dividend suspension

BUZZ-UK's Burberry at 14-yr low after CEO exit, dividend suspension Updates ** Burberry BRBY.L shares crash nearly 18% to over 14-year low of 729p, making it worst FTSE 100 .FTSE stock in 2024 ** British luxury group's CEO Jonathan Akeroyd to leave immediately; to be replaced by former Michael Kors boss Joshua Schulman ** BRBY suspends dividend pay
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Hargreaves Lansdown, Spectris, Wizz Air

EUROPE RESEARCH ROUNDUP-Hargreaves Lansdown, Spectris, Wizz Air July 12 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Hargreaves Lansdown, Spectris and Wizz Air, on Friday. HIGHLIGHTS * Hargreaves Lansdown HRGV.L : JP Morgan raises target price to 684p from 671p * Spectris Plc SXS.L : Jefferies cuts target price to 4190p from 4435p * Spirax-Sarco SPX.L : Jefferies cuts target price to 9580p from 9690p * Weir Group WEIR.L : Jefferi
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Pound hits four-month high on upbeat British GDP, hawkish chief economist

UPDATE 1-Pound hits four-month high on upbeat British GDP, hawkish chief economist Updates at 0700 GMT, adds analyst comment, chief economist context LONDON, July 11 (Reuters) - Sterling GBP=D3 rose to its highest in four months on Thursday, after data showed the UK economy grew more quickly than expected in May, potentially lowering the chances of an August rate cut.
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UK Labour's win: a burden for Diversified Financials and Insurance, a relief for Utilities

LIVE MARKETS-UK Labour's win: a burden for Diversified Financials and Insurance, a relief for Utilities STOXX 600 up 0.5% FTSE 100 +0.3%, FTSE 250 +1% Labour wins big majority Payrolls in focus S&P futures steady Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com UK LABOUR'S WIN: A BURDEN FOR DIVERSIFIED FINANCIALS AND INSURANCE, A RELIEF FOR UTILITIES With a centre-left Labour winn
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Labour win brings few hopes or fears to London's financial district

ANALYSIS-Labour win brings few hopes or fears to London's financial district Recasts with result of UK election, comments from City of London Corporation, JP Morgan, Kroll By Sinead Cruise and Huw Jones LONDON, July 5 (Reuters) - Labour's landslide election win shows few signs of unsettling London's financial heartland after the party's lengthy pro-business overtures, though many in finance remain wary they could be targeted to prop up Britain's stretched public finances further down the line.
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Labour win brings few hopes or fears to London's financial district

ANALYSIS-Labour win brings few hopes or fears to London's financial district Recasts with result of UK election, comments from City of London Corporation, JP Morgan, Kroll By Sinead Cruise and Huw Jones LONDON, July 5 (Reuters) - Labour's landslide election win shows few signs of unsettling London's financial heartland after the party's lengthy pro-business overtures, though many in finance remain wary they could be targeted to prop up Britain's stretched public finances further down the line.
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