725.00p+14.50 (+2.04%)10 May 2021, 18:22
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.

Lancashire Holdings Limited Shares News & Articles

FTSE falls as coronavirus cases spike, Centrica’s out of gas, Lancashire leaps on strong results

China reported an increase in the number of deaths from and cases of coronavirus, while the first patient has been diagnosed in London, news that gave investors the jitters on Thursday. The FTSE 100 traded down 0.9% at 7,468.37, with its heavy weighting towards commodity stocks, which are particularly sensitive to events in China, contributing to the weakness. Barclays (BARC) cheapened 2.8% to ...

Market report: Royal Dutch Shell revs up, Lloyds disappoints, sickly first quarter for Reckitt Benckiser

The FTSE 100 is down 0.2% 7,370.97, taking its cue from a poor showing overnight in the US. This followed commentary from the US Federal Reserve which suggests Donald Trump’s advice to cut interest rates will be ignored. Oil major Royal Dutch Shell (RDSB) adds 1.7% even as it posts a 2% decline in first-quarter profit as strong contributions from trading and higher LNG and gas prices were ...

Market report: Bumper profits and buybacks bolster BT and BHP, while Just Eat up despite lower earnings warning

UK telecoms group BT (BT.A) soars to the top of the FTSE 100 leader board in early trade on Thursday after unveiling a big rise in profits. Pre-tax profits at BT jumped 24% to £1.34bn in the half year to 30 September despite revenue slipping 2% to £11.6bn. Higher profits were driven by customers opting for more expensive smartphones at mobile network EE and restructuring-related cost ...

Market report: Lancashire warns, Schroder in talks with Lloyds and French Connection puts up sale sign

The FTSE 100 takes its cue from weak trading in Asia overnight and weakness in commodity markets to slip 0.2% to 7,303.55 early on. Non-life insurer Lancashire Holdings (LRE) expects to report a loss in the third quarter owing to an expected loss of $30m from claims within its marine portfolio. The company also says it expected further losses in the range of $25m to $45m from exposure to ...

Market report: Metal basher bid battle heats up, RELX up on ‘simplified’ structure and profits rise

Autos and aero engineering group GKN (GKN) continues to fight for its independence on Thursday as it again urges shareholders to resist the hostile takeover by turnaround specialist Melrose (MRO). GKN has written to shareholders describing the takeover attempt as ‘entirely opportunistic’, and again insists that the £7.4bn shares offer ‘fundamentally undervalues’ the ...
Showing 1 to 20 of 52