CYBG Shares News & Articles

Market report: Takeovers enliven Friday trade as Provident and Dairy Crest accept bids, Metro Bank wins £120m competition cash

Investors have a couple of interesting takeovers to concentrate on in early trade on Friday as lender Provident Financial (PFG) and Cathedral City cheese maker Dairy Crest (DCG) recommend bids to shareholders. Provident, the £1.3bn business behind Vanquis credit cards, accepts a £1.3bn offer tabled subprime lending peer Non-Standard Finance (NSF). Interestingly, NSF was founded in 2014 by ...

Market report: Warnings leave investors wary although better news comes from Halma and Plus500

Tuesday has the look of another down day as early trading sees the FTSE 100 index slide back below the 7,000 mark. At 8.30am the UK’s blue-chip benchmark is trading around 30 points off at 6,970.32. This follows a rocky ride for lading US stocks overnight with the Dow down nearly 400 points and Nasdaq falling 219 points lower as technology-led stock market heavyweights such as ...

Market report: Vodafone sees shock CEO departure and profits bounce back, EasyJet leads FTSE 100 higher

Annual results for the year 31 March 2018 from Vodafone (VOD) are overshadowed by the shock news that chief executive officer (CEO) Vittorio Colao is to leave. The boss plans to step down in October after 10 years in charge of the world’s second largest mobile operator, and will be succeeded by finance director Nick Read, the company said on Tuesday. Vodafone figures are somewhat patchy ...
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