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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

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FIVE at FIVE: Lloyds ups guidance, Musk’s priority, BT’s gangster investigation and Spotify off-key..

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. Lloyds raises full-year guidance as profits grow

Going forward, it said it expects its net interest margin to be above 2.7% (up at least 0.1% on the previous forecast), while its return on equity is now set to be greater than 11%

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2. Tesla investors worry Musk will sell stock, sending the price tumbling

Musk is believed to be part-funding the Twitter deal with US$21bn of his own equity as well as a further US$12.5bn loan secured against his Tesla stake.

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3. BT Group investigating claims of payments to gangster

The FTSE 100 group's BT Sport arm is looking into payments previously made for the broadcast rights to bouts involving heavyweight champion Tyson Fury.

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4. Footsie finds gains once more

The FTSE 100 index closed 39.42 points, or 0.5% higher at 7,425.61, below the session peak of 7,458.24 but above the day’s low of 7,344.89.

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5. Spotify shares tumble amid a jumble of first-quarter numbers

Paid subscriber numbers grew around a million less than expected

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Let’s take a look ahead at some of tomorrow’s news as Barclays, Unilever and Sainsbury's all update (read more)

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK