London close: Stocks mixed as data shows UK GDP growth
12th Apr 2024 14:45
(Sharecast News) - London's markets closed with a mixed performance on Friday, as investors digested the latest GDP data suggesting an end to the recession in the UK.
Read moreRBC Capital upgrades Taylor Wimpey, downgrades Berkeley
12th Apr 2024 09:11
(Sharecast News) - RBC Capital Markets upgraded Taylor Wimpey on Friday but downgraded Berkeley as it took a look at the two UK housebuilders.
Read moreJPMorgan 'repositioning for a recovery' as it upgrades host of housebuilders
12th Apr 2024 07:49
(Sharecast News) - JPMorgan Cazenove upgraded a host of names in the housebuilding sector on Friday as it said it was "repositioning for a recovery".
Read moreBerkeley reiterates full-year guidance
15th Mar 2024 07:01
(Sharecast News) - Berkeley Group reiterated its full-year outlook on Friday and said it had secured the bulk of sales for the next financial year.
Read moreFriday preview: US inflation data, Berkeley Group in focus
14th Mar 2024 13:19
(Sharecast News) - Inflation data in the U.S. will continue to be in focus at the end of the week.
Read moreLondon close: Stocks fall as investors look to US data
26th Feb 2024 15:11
(Sharecast News) - London markets closed in negative territory on Monday, as investors remained cautious ahead of the release of crucial US economic data later in the week.
Read moreUK housebuilders face CMA probe over info sharing, home quality
26th Feb 2024 07:52
(Sharecast News) - Britain's competition watchdog has started an investigation into eight housebuilders over evidence they may have been sharing information which could be harming competition in the sector and influencing prices.
Read moreSunday newspaper round-up: Currys, Barclays, Homebuilders
18th Feb 2024 23:26
(Sharecast News) - China's JD.com has been looking at a possible acquisition offer for Currys. Just the day before the electricals retailer had rebuffed an approach by private equity. Exploratory talks between Currys and JD had been held over the preceding weeks. Additional bidders may appear. It was understood that Currys had been contacted by multiple private equity firms on an informal basis over recent months after it was forced to cut its dividend payout. It was but the latest example of a British business being taken out and for some showed that British businesses were being chronically undervalued. - Sunday Telegraph
Read moreMorgan Stanley double upgrades Persimmon to 'overweight'
19th Jan 2024 09:46
(Sharecast News) - Morgan Stanley upgraded its stance on Persimmon on Friday as it took a look at the UK housebuilding sector.
Read moreLondon close: Stocks slip as investors brace for US inflation
10th Jan 2024 15:23
(Sharecast News) - London stocks closed with losses on Wednesday, influenced by a pessimistic growth outlook from the World Bank and investors' attention to upcoming US inflation data.
Read moreLondon close: Stocks manage positive finish after mixed session
8th Jan 2024 16:38
(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.
Read moreLondon close: Stocks firmer as US payrolls beat forecasts
8th Dec 2023 17:42
(Sharecast News) - London's financial markets closed positively on Friday as investors digested the latest non-farm payrolls report out of the United States.
Read moreBerkeley pulls plug on new investment as half-year profits rise
8th Dec 2023 07:19
(Sharecast News) - UK housebuilder Berkeley Group has decided to not invest in any new developments due to the adverse planning and regulatory environment, and instead focus on "financial strength" following a rise in profits in the first half.
Read moreBerkeley holds guidance despite 34% slump in reservations
8th Sep 2023 07:04
(Sharecast News) - UK housebuilder Berkeley on Friday reaffirmed full-year earnings guidance but said private sales reservations were down 35% due to rising interest rates and political volatility.
Read moreLondon close: Stocks slip on rising oil price concerns
6th Sep 2023 17:43
(Sharecast News) - London's stock markets closed in negative territory on Wednesday, as a significant rise in oil prices fuelled investor concerns over inflation.
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