Company
Paragon Banking Group PLC
LON:PAG
The Paragon Banking Group PLC is one of the United Kingdom's largest providers of mortgages and personal loans.
64 stories
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FTSE 100 ends the week flat ahead of BoE rate call next week
At the close, the FTSE 100 was right back where it started, closing slightly higher at 7,765 points for a four-point, 0.1% gain on the day
Paragon Banking profits soar as mortgage market rebounds
Buy-to-let advances rose 58% on the previous six months
Paragon Banking says lower buy-to-let volumes are 'robust' given circumstances
The group's CET1 and total capital ratios remained strong at 15.1% and 17.3%, respectively
Paragon Banking resumes dividends after solid performance
The retail savings division had “a transformational year”, with deposits up 22.9%, providing the lender with all the funding it needs
Paragon Banking interim profits hit by coronavirus loss provision
“At this stage, it is difficult to predict when lending markets will return to normality”
Paragon Banking on track to meet 2019 targets as new lending grows
The lender said its net interest margin continues to improve as it tackles tough competition in the mortgages market.
Investments and investor services
FTSE 100 closes higher as Boris Johnson gets keys to Number 10
London's index of leading shares spent the day in positive territory but gave back gains towards the close
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Regulatory clamp-down set to dent revenues at trading platform IG
A couple of other big names, including SEGRO, PZ Cussons and Paragon, are also set to release results on Tuesday
CYBG upgraded by RBC after unveiling plan to rename itself Virgin Money
RBC raised its recommendation on CYBG to ‘outperform’ from ‘sector perform’ and maintained its target price at 250p.
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FTSE 100 closes slightly ahead but Wall Street shares slide
The Footsie closed out at 7,334 - up around five points, while mid-cap index was firmly lower- down 129 points at 19,307
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Inflation figures to lead macro news on Wednesday, Royal Mail braces for full year figures
Economists are expecting the consumer price index to be well below the recent growth in average earnings at around 1.8% year-on-year in April
Paragon Banking reports jump in new lending, led by demand from professional landlords
“We remain confident in the outlook, but will maintain our capital, liquidity and broader risk disciplines in case the external operating environment should deteriorate,” chief executive Nigel Terrington said
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Quality and quantity on the company news front, but Brexit vote, Fed rates, US jobs to be key
The cream of the corporate updates will likely come from blue-chips BT Group, Royal Mail, Royal Dutch Shell, Unilever and Diageo
FTSE 100 closes firmly to the good despite EU tensions
Mid-cap cousin FTSE 250 was also higher. It surged over 218 points to close at 18,584.
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Pre-Thanksgiving smorgasbord as plethora of blue-chips report
A relative cornucopia of firms are scheduled to report results on Wednesday ahead of the US holiday, with a sprinkling of and UK and US economic data to taste
Paragon Banking Group "offers attractive yield and increasing profitability"
There is very little sign of any credit deterioration in the UK or, indeed, buy-to-let lending, according to RBC Capital Markets, which has initiated coverage on the lender
Lloyds, RBS lead banks lower after UK court ruling raises threat of huge new PPI bill
The case at Manchester county court, involving a couple, Christopher and Joanne Doran, against Paragon Personal Finance, revolved around the issue of commission paid
Alexander Mining shares rise as it gets patent for leaching technology in Chile
A look at some of the top risers and fallers in London on Tuesday
Paragon Banking splashes out around £274mln to diversify business into other specialist lending markets
The FTSE 250-listed firm is paying around £48mln to acquire Titlestone Property Finance Limited, a leading provider of residential development finance
Investments and investor services
FTSE 100 joins global equities to head lower as geopolitical worries weigh
News that the President will now not be meeting North Korea leader Kim Jong-un next month as planned is weighing on global stocks
Investments and investor services
Kingfisher and Tate & Lyle key names in diary as spotlight falls on UK consumer
Kingfisher, Tate & Lyle, Talk Talk Telecoms and United Utilities are among the stand-out names in Thursday's schedule.
Paragon Banking Group confirms possible acquisition of Titlestone
The FTSE 250 buy-to-let property lender said there was no certainty of an agreement being reached nor the terms of such an agreement but that it would update when appropriate
Investments and investor services
FTSE 100 finishes higher but miners weigh
The pound is down 0.21% against the Euro and off 0.04% against the US dollar at the time of writing
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Consolidation and improving market conditions to lift trading at discount airline easyJet
Day ahead includes trading updates from easyJet PLC, Cairn Energy PLC, Marston's PLC, Pets at Home PLC, plus interim results from IG Group PLC
FTSE 100 closes down, dragged lower by Centrica PLC after dismal trading update
Market was subdued as US markets were closed for Thanksgiving
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Trading news from British Gas owner Centrica eyed amid energy tariff reform
The day ahead includes a trading update from British Gas owner Centrica, full year result from pubs operators Mitchells & Butlers PLC, and interims from Mothercare PLC
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Glaxo hoping not to make a right Horlicks of combating generics challenge
The recently-announced sale of Horlicks may be the sign of an increased focus on the drugs pipeline
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Shell to come under fire over bosses pay package, climate change goals at its annual general meeting
Like Bob Dudley, his counter-part at FTSE 100-listed peer BP, Shell’s chief executive Ben Van Beurden will see his multi-million euro salary come under close scrutiny
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Marks & Spencer's womenswear woes under scrutiny again as retailers dominate
Week ahead: Marks & Spencer, Dixons Carphone, Kingfisher, De la Rue...
Can BT Group provide any relief for shell-shocked investors with results tomorrow?
After Tuesday’s share price debacle, investors will be hoping BT Group can provide some reassurance with third-quarter numbers on Friday.
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Small decline in 2016 revenue tipped for Unilever
Also reporting: Diageo, Daily Mail, Sky, Anglo American, Lonmin, St James's Place and Whitbread
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Of BT's battles with Ofcom & Sky, and Unilever's face-off with supermarkets
Lots of big names reporting this week including: BHP, Dixons Carphone, easyJet, Diageo, Sky, Unilever and BT
Chancellor's Autumn Statement is time for fiscal re-set
The new chancellor of the exchequer gets to set out his stall
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Brokers: Barclays bullish on financial services
The bank has picked out several banking and financial stocks that it likes the look of, although Barclays has had its own stock downgraded by UBS
Investments and investor services
Liberum says accept ‘attractive’ offer for Poundland
“The cash offer of 222p is highly attractive and we would advise shareholders to accept.”
Investments and investor services
Risers & Fallers: Sportech, Mosman Oil & Gas, Epwin Group, Cyan Holdings, Porta Communications, Paragon Holdings
Court of Appeal refused to allow HMRC to challenge its judgment in favour of Sportech
Investec questions Antofagasta’s direction
Antofagasta, Coca-Cola HBC, RSA Insurance Group and Paragon are in Thursday's broker spotlight.
Most followed: blur Group bowls a terrific googly
Is OPEC's resolve cracking? Also, house price growth slows - for now - in the UK, while Paragon reckons the buy-to-let market is seasoning nicely.
Risers & Fallers: blur Group, Creston, Filtronic, London Capital Group, Petra Diamonds, RPS Group
Crowd-sourcing platform provider blur was wanted after it revealed earnings for 2015 would be slightly ahead of expectations.
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Imagination Technologies still a 'buy' despite disappointing interims, says Investec
Never mind the numbers, look at the intellectual property, advises Investec, as it reiterates its 'buy' recommendation of Imagination Technologies.
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Brokers: Retailers. Betfair, Lloyds Banking, Talk Talk
Betfair gets an upgrade to buy from hold from Deutsche Bank, which raised its price target to 4,200p.
Indie lenders better off than big banks after Autumn Statement says ShoreCap
Around half of lending is related to re-mortgaging, which would not be impacted by the stamp duty surcharge.
Tuesday's agenda: James Bond to boost Cineworld's third quarter
Kingfisher and Cineworld will update on their respective third quarters on Tuesday
Week ahead: Osborne looks for spending cuts after Lords tax credit rejection
Kingfisher and Cineworld will catch the eye but George Osborne will be the headline maker next week
Risers & Fallers: Lloyds, Magnolia Petroleum, SDL, Renewable Energy Holdings and more...
Below are some of the main news-driven share price changes at 4pm.
Builders and building materials
Go for volume plays in housing market's next phase
Since the beginning of 2010, the FTSE Household Goods & Home index has shot up 142%, but now is not the time to bank profits, Liberum argues.
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Wednesday's agenda - Sky among the riders as results pour in
Wednesday sees a veritable clutch of results statements from some big guns....