Shan Ahmed Khan

As a journalist focused on finance and the stock market, he delivers fast, reliable, and easy-to-understand coverage of market news.

BAT shares dip under 4,000p after buyback filing — what to watch before February results

BAT shares dip under 4,000p after buyback filing — what to watch before February results

London, Jan 7, 2026, 09:17 GMT — Regular session Shares in British American Tobacco p.l.c. (BATS.L) slid 1.4% to 3,978 pence by 0848 GMT, after opening at 4,007 pence, according to market data. The stock traded between 3,967 and 4,017 pence and sits about 10% below its 52-week high. Share Prices BAT said it bought back 128,000 shares on Jan. 6 at a volume-weighted average price (VWAP) of 4,056 pence — a measure that weights trades by size — and plans to cancel them. Share buybacks, where companies repurchase and retire stock, can lift earnings per share by shrinking the
Diageo share price slides as Kenyan court bid targets $2.3bn Asahi deal

Diageo share price slides as Kenyan court bid targets $2.3bn Asahi deal

London, Jan 7, 2026, 09:01 GMT — Regular session Diageo (DGE.L) shares slipped on Wednesday after a Kenyan beer distributor lodged a lawsuit seeking to block the spirits maker’s planned $2.3 billion sale of East African Breweries (EABL) to Japan’s Asahi Holdings. The stock was down 1.4% at 1,620.5 pence by 0900 GMT, after trading between 1,606 and 1,649 pence, and sits about 2.6% above its 52-week low. Diageo did not immediately respond to a request for comment. Reuters+1 The court challenge lands as investors weigh Diageo’s push to simplify its portfolio and strengthen its balance sheet. Diageo, maker of
7 January 2026
IAG stock near a fresh high as Morgan Stanley starts coverage and Bernstein lifts target

IAG stock near a fresh high as Morgan Stanley starts coverage and Bernstein lifts target

London, Jan 7, 2026, 09:12 GMT — Regular session Shares in British Airways owner International Consolidated Airlines Group (IAG) were down about 0.2% at 436.1 pence by 0912 GMT, after trading between 434.3 and 438.6 pence in early deals. Investing.com The stock is hovering near a 52-week high after a 2.8% jump on Tuesday, when it set a new peak above a prior high hit on Jan. 2. The next major company catalyst is IAG’s full-year 2025 results on Feb. 27. MarketWatch+1 Morgan Stanley initiated coverage of IAG’s U.S.-listed American depositary receipts (ADRs) — U.S.-traded certificates that represent shares —
7 January 2026
Maruti Suzuki share price drops: HSBC lifts target to Rs 18,500 but flags margin risk

Maruti Suzuki share price drops: HSBC lifts target to Rs 18,500 but flags margin risk

Mumbai, Jan 7, 2026, 14:17 IST Maruti Suzuki India shares slid on Wednesday, extending losses as investors weighed an HSBC upgrade that came with a warning on profit margins. The stock was down about 3.8% at 16,637 rupees by 2:11 p.m. IST, after touching a low of 16,524, according to market data compiled by Moneycontrol. Moneycontrol HSBC raised its target price on Maruti to 18,500 rupees from 17,000 and maintained a “buy” rating, saying market share had normalised around 40% and demand looked firm. The broker said anything below a 10% EBIT margin — earnings before interest and tax, a
7 January 2026
Haleon PLC stock edges lower after executive share-deal filing, with earnings in focus

Haleon PLC stock edges lower after executive share-deal filing, with earnings in focus

London, January 7, 2026, 09:04 GMT — Regular session Haleon shares edged lower in early London trade on Wednesday after the consumer healthcare group disclosed small share acquisitions by two senior executives under its reward plan. The stock was down 0.4% at 375.2 pence by 0839 GMT, having risen about 1.1% in the previous session. It traded between 374.1 and 378.0 pence, within a 52-week range of 325.1 to 419.4 pence, valuing the company at about £33.4 billion. Share Prices The disclosure lands at the start of the year, when investors tend to scan regulatory filings for fresh signals on
RELX share price rises in London after buyback update as investors eye Feb. 12 results

RELX share price rises in London after buyback update as investors eye Feb. 12 results

London, Jan 7, 2026, 08:48 GMT — Regular session Shares in RELX (REL.L) rose 0.8% to 3,103 pence in early London trade on Wednesday after the company disclosed another round of share repurchases. The stock ranged between 3,089 and 3,117 pence and remains about a quarter below its 52-week high of 4,205 pence. Google The steady drumbeat of buybacks has given traders a near-term anchor as they look past day-to-day swings and toward the next set of company numbers. RELX has been a defensive holding for many UK investors, prized for subscription-style revenue from legal, risk and scientific information services.
Unilever shares slip in early London trade — what investors watch before Feb 12 results

Unilever shares slip in early London trade — what investors watch before Feb 12 results

London, Jan 7, 2026, 08:55 GMT — Regular session Unilever PLC shares fell 0.9% to 4,703.5 pence by 08:28 GMT, leaving them down about 2.5% since Jan. 2. The stock traded between 4,698 and 4,750 pence and is about 5% below its 52-week high of 4,930 pence. Share Prices The move came as European shares paused after a string of record closes, with investors weighing U.S.-Venezuela headlines and a busy economic calendar. Oil prices fell after U.S. President Donald Trump said Washington had struck a deal to import $2 billion worth of Venezuelan crude, while Nestle slid after recalling some
Maruti Suzuki share price today slides 3% after nearing 52-week high; Phillips 66 draws focus on UK Lindsey deal

Maruti Suzuki share price today slides 3% after nearing 52-week high; Phillips 66 draws focus on UK Lindsey deal

Bengaluru, Jan 7, 2026, 14:04 (IST) Maruti Suzuki’s share price slid more than 3% on Wednesday, dropping below a technical “support” level — a price line where buyers often step in. The stock was trading at 16,773 rupees at 1:26 p.m. IST, down 3.01% on the day, with its price-to-earnings ratio at 35.94 and earnings per share at 470.08 rupees, the Economic Times liveblog showed. The Economic Times The pullback came as Indian equities drifted lower, with the Nifty 50 down 0.26% and the Sensex off 0.23% by 9:45 a.m. IST, retreating from near-record levels as geopolitical tensions and U.S.
7 January 2026
Phillips 66 buys UK Lindsey oil refinery assets — but says it won’t reopen the plant

Phillips 66 buys UK Lindsey oil refinery assets — but says it won’t reopen the plant

London, Jan 7, 2026, 08:31 (GMT) Phillips 66 Limited said it had agreed to acquire assets and associated infrastructure from Britain’s Lindsey Oil Refinery and integrate key facilities into its Humber Refinery in North Lincolnshire. The company said it will not restart Lindsey as a standalone refinery, and UK lead executive Paul Fursey called the deal “an important step” in investing in Britain’s energy security. Phillips 66 Investor Relations The move matters for the UK’s shrinking refining base because it keeps Lindsey offline as a crude-processing site and turns the transaction into a logistics and storage play around the Humber
7 January 2026
Glencore stock steadies as copper hits record highs — what to watch next for GLEN.L

Glencore stock steadies as copper hits record highs — what to watch next for GLEN.L

London, Jan 7, 2026, 08:38 GMT — Regular session Glencore shares edged lower in early London trade on Wednesday, after two sessions of gains that tracked copper’s record run. The stock was down 0.15 pence, or about 0.04%, at 427.80 pence by 0820 GMT. Glencore Copper has been the immediate driver for miners this week after prices surged above $13,000 a metric ton, reviving talk of tight supply and the need for higher prices to unlock new projects. “Copper prices need to rise further,” SP Angel analyst John Meyer said. Concord Resources research director Duncan Hobbs said metals are rallying
7 January 2026
National Grid shares edge higher as UK utility nears 52-week high ahead of Jan 13 dividend

National Grid shares edge higher as UK utility nears 52-week high ahead of Jan 13 dividend

London, Jan 7, 2026, 08:38 (GMT) — Regular session National Grid (NG.L) shares rose in early London trade on Wednesday, holding near recent highs after a strong prior session. The stock was up 0.5% at 1,178 pence by 0814 GMT, after touching 1,185 pence on Tuesday and closing at 1,172 pence, data from Shareprices.com showed. The move comes as UK equities start 2026 near record territory, with the FTSE 100 finishing Tuesday at an all-time high after a broad rally led by heavyweight healthcare names. Investors have also been pricing in Bank of England rate cuts later this year, a
Shell stock slips on oil slump; Vietnam LNG win and Angola deal set up next catalysts

Shell stock slips on oil slump; Vietnam LNG win and Angola deal set up next catalysts

NEW YORK, Jan 7, 2026, 03:29 EST — Market closed Shell Plc’s U.S.-listed shares (SHEL) fell 2.8% on Tuesday to $72.90. After U.S. markets shut, Vietnam’s Petrovietnam Gas said it awarded Shell its first term tender for liquefied natural gas (LNG), the super-chilled fuel shipped by tanker, with supplies running from 2027 to 2031. The stock’s $72.85 low left the $73 area in focus ahead of the next session. Reuters The Vietnam award gives Shell a foothold in a market shifting away from one-off spot purchases and toward longer contracts. For investors, it is another data point in a bigger
7 January 2026
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Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

7 February 2026
Google raised its 2026 capital expenditure forecast to $175 billion–$185 billion, with most spending expected on data-center chips. Broadcom shares rose about 2% after the announcement, while Nvidia and AMD slipped. Jefferies reiterated a buy rating on Broadcom, maintaining a $500 price target, implying a 62% upside from Wednesday’s close.
No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

7 February 2026
The IRS has not announced new federal stimulus payments for February 2026, and Congress has not approved fresh checks. Trump told NBC he is considering $2,000 tariff rebate checks but has not committed, saying any payout would likely come later in 2026. The IRS warns taxpayers to ignore texts and emails about “stimulus payments” and verify notices through official channels.
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