Lloyds Banking Group rockets by 3.6% as profits surge
Shares of Lloyds Banking Group have rallied after the group beat expectations in its first-quarter results.
Lloyds Banking Group
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Government cuts Lloyds stake but RBS still ‘elephant in the room’
Taxpayers are a step closer to recovering the £20.3bn pumped into Lloyds Bank after the UK government announced it had cut its holdings to below 3%.
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Lloyds a ‘compelling story’ – Quilter Cheviot
Lloyds Banking Group now represents a ‘compelling story’ for investors, according to Quilter Cheviot.
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Outlook for bank shares “far better”
The outlook for bank shares is “far better” now than at the start of 2016 analysts have said, shortly after the UK government announced it had reduced its stake in Lloyds Bank to below 6%.
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Lloyds shares climb on credit card deal
Shares in Lloyds Banking Group climbed 3% on Tuesday to 64.5p as markets received news it has struck a deal to acquire credit card business MBNA.
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RBS continues to flounder as restructuring and litigation costs bite
Royal Bank of Scotland has continued to flounder in what it described as the “current low interest rate and low growth environment,” returning £469m in attributable losses, compared with a £940m profit the year prior.
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Hargreaves Lansdown offers to run Lloyds share sale
Hargreaves Lansdown has offered to run the sale of the government’s Lloyds Banking Group shares to the public for free.
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Election brouhaha bruises confidence in US equities – Lloyds
Investors in the United Kingdom are less enthusiastic about US equities under the shadow of the presidential election, according to the latest figures from the Lloyds Bank Investor Sentiment Index.
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Mixed earnings as UK majors digest Brexit
Amid a flurry of interim results, Lloyds fell short of its dividend objective, while British American Tobacco and AstraZeneca were buoyed by organic growth and product innovation.
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Lloyds needs to embrace its dividend yield potential – AJ Bell
Lloyds Banking Group could unlock potential by rebranding itself as an income stock, if only it cleans up its act, according to Russ Mould, investment director at AJ Bell.
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Lloyds shares rocket as it announces dividend plan
Share in Lloyds Banking Group leapt 9.7% to 68p as the bank revealed its plan to pay a special dividend.
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Lloyds puts dividend back on the table
Lloyds Banking Group has laid the groundwork for reinstating its dividend for the first time since the global financial crisis took hold six years ago.