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LON100:LLOY, Aug 20, 04:49 UTC

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Is Glencore a more appealing recovery share than Lloyds, Vodafone and Standard Life Aberdeen?

LLOY VOD +3 more LLOY VOD GLEN VOD SLA

Is Glencore a more appealing recovery share than Lloyds, Vodafone and Standard Life Aberdeen? Even though the FTSE 100 trades within 10% of its record high, there are a significant number of stocks such as Glencore PLC (LON:GLEN) that have struggled to post positive returns in the last few years. Lloyds shares may experience weakness in the short run, though, since its UK focus may cause investors to demand a larger margin of safety as Brexit moves ahead. Investors seem to be cautious about the stock after it changed its dividend policy, with a high degree of investment potentially causing its financial prospects to seem less enticing. However, Vodafone’s plans to simplify its business model could offer a stronger financial outlook over the long run in my view. Standard Life Aberdeen is seeking to make changes to its business model after a tough period. Asset disposals and an increasing focus on core growth areas may allow it to recover in my opinion, although uncertainty for the world economy may hold it back to some degree in the near term.

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investomania.co.uk
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Friday, August 16


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If you take part in this year’s Bank of Scotland Great Scottish Run you could help support mental health projects - Glasgow Live

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By clicking “Accept” below, you agree to us doing so. You can read more in our cookie notice. Or, if you do not agree, you can click Manage below to access other choices. If you choose not to, you will still see adverts on our site, because they help us to fund it, but those adverts will not be tailored to you. Projects like Distress Brief Intervention, funded by Mental Health UK, aim to provide a framework for interagency co-operation, in order to provide a joined up community response for those in acute need. “The event doesn’t just raise money but also raises awareness of how important it is to talk about mental health and to reach out and encourage people who are struggling to seek help at an early stage.”.

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glasgowlive.co.uk
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Is the Lloyds share price a bargain after crashing 30%?

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Following this decline, shares in Lloyds are now dealing at a forward P/E of 6.3 and a price-to-book ratio of 0.7, one of the lowest valuations placed on the stock in the past five years. It seems to me that economic concerns are the main reason why investors have been selling the Lloyds share price over the past few weeks. This is where longer-term interest rates in the bond market fall below shorter-term interest rates, and it has historically been a warning sign that a recession could be on the horizon. For Lloyds, a global recession coupled with Brexit uncertainty would almost certainly lead to lower earnings. Banking champion. When you take all of the above into account, it is pretty clear that the near-term outlook for the Lloyds share price is pretty uncertain. However, here at the Motley Fool, we are committed long-term investors and are not too worried about short-term volatility. And from a long-term perspective, Lloyds looks like a desirable investment at the current level.

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Thursday, August 15


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Can this FTSE 250 growth stock beat the Lloyds bank share price?

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Can this FTSE 250 growth stock beat the Lloyds bank share price? Having fallen 14% since 27 July, Lloyds Banking Group (LSE: LLOY) shares have now plunged to their lowest price since 2013, trading at just 48.5p as I write. Based on current full-year forecasts, that puts Lloyds on a forward P/E multiple of seven — half of the FTSE 100‘s long-term average of around 14. But then, it’s only a few months since my latest fat dividend from Lloyds turned up in my SIPP, and I’ve been enjoying regular big dividends since I bought the shares. With a no-deal Brexit looking ever more likely, and with talk of a looming recession, fears are growing that Lloyds’ profits could tank and the dividend could be cut. When people are getting gloomy and are fearing the worst, and when share prices are falling due to economic uncertainty, that’s when safety-conscious investors sell and run for the hills. But I reckon that’s precisely the wrong approach, and I think we could be heading towards the best time to buy shares since the banking crisis.

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Wednesday, August 14


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3 reasons why I believe Lloyds Bank is a value trap

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Lloyds Banking Group’s (LSE: LLOY) stock has been in purgatory for nearly a decade. It’s a profitable entity with an extensive network of branches across the country and over 30m customers, impacting many aspects of their lives apart from just traditional banking. For instance, according to statistics published on its website, one in three new-build properties are funded by the group. Perhaps the most striking aspect of the stock is its sizable dividend yield, which is currently hovering around 6%. However, I remain sceptical of Lloyds’ prospects. That means Lloyds Banking Group isn’t a stock I can hold in my portfolio and sleep peacefully. For long-term passive income, I believe predictability is crucial.

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Sunday, August 11


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3 FTSE 100 dividend stocks I’d buy that pay more than the Lloyds share price

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3 FTSE 100 dividend stocks I’d buy that pay more than the Lloyds share price. The Lloyds share price has fallen by 25% from April’s 2019 high of 67p, as the market has priced in growing economic uncertainty. This is below book value and offers a dividend yield of 6.9%. But if you’re looking for high-yield stocks, I’d consider these other choices first. Sin stocks such as British American Tobacco (LSE: BATS) are not liked by all investors. But the addictive nature of its products makes BATS shares a defensive buy.

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Thursday, August 08


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Lloyds to launch robo-advice for clients investing less than £100k

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Lloyds have tagged those clients as mass affluent, while high net worth clients, with more than £1m to invest, will be introduced to Cazenove. Antonio Lorenzo, Lloyds group director for insurance and wealth, made the announcement during the banking group's 2019 half year results on July 31, said the group was "creating a market leading wealth management proposition" for its customers. Secondly, our Schroders Personal Wealth joint-venture, and thirdly, through providing access to a leading wealth management and investment business, Cazenove Capital, for our high and ultra-high net worth customers" Lorenzo explained the robo-adviser will be the first of three lines of businesses in this area. He added: "Having established the company in the first of half of 2019, Schroders Personal Wealth will launch to the market later this year, operating a restricted model with a wide product set.

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Trov Launches White-Label Insurtech Platform and Partners with Lloyds Banking Group

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Trov Launches White-Label Insurtech Platform and Partners with Lloyds Banking Group. Later in 2019, Trov and Lloyds Banking Group will release an innovative insurance product designed around the evolving lifestyle of modern, connected UK consumers. Trov's white-label products are infused with award-winning user experience design, take advantage of Trov's expertise in on-demand coverages, and offer a means by which incumbents can innovate with little to no integration with legacy platforms. Scott Walchek, Founder and CEO, Trov, comments: "The launch of Powered by Trov marks the completion of our evolution from a single direct-to-consumer offering to a suite of robust, flexible insurtech applications that empower incumbents to offer relevant products to the latest generation of digital natives. We're delighted that Lloyds Banking Group is joining us on our journey and excited to assist other financial institutions to remain competitive in the face of mounting competition by offering the types of digital insurance products their customers demand." Jeremy Ward, Home Insurance Commercial Director at Lloyds Banking Group, comments: "We're excited to explore how Lloyds Banking Group can better meet our customers' changing needs. Modern consumers expect simple, engaging experiences in anything they do, and we're looking forward to launching innovative new products to give our customers that kind of experience."

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Wednesday, August 07


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Lloyds forced to take £21m hit on loan for failed college

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Lloyds Banking Group was forced to write down its exposure to a for-profit London college at the end of last year, waiving £21m in long-term lending several months ahead of the school’s collapse last week. GSM was bought by Sovereign Capital, a private equity firm, in 2011 for £11m.

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finance.yahoo.com
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Tuesday, August 06


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MP Harriett calls on Lloyds Bank to make sure Upton's only cashpoint works

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MP Harriett Baldwin has urged Lloyds Bank to look into a series of cashpoint failures at its old branch in Upton-upon-Severn. The MP secured a mobile service visiting the town to help local people continue their banking and bank chiefs also made a long-term pledge to keep the ATM in its present location. But a series of cashpoint failures have left the machine out of action during busy tourist weekends including the popular blues festival. Harriett has received reports from Lloyds Bank which has discovered software errors with the machine. “Although I plan to keep a close eye on this issue, it is important that these issues get spotted and reported quickly and any Lloyds customer who spots a failed cashpoint can ring the helpline number on the back of their cash card.

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