Sunday newspaper round-up: Fed, China, Glencore, Diageo, National Grid
18th Sep 2016 16:31
(ShareCast News) - Traders are betting that the US Federal Reserve will stand pat on interest rates this week, despite warnings that rising inflationary pressures could persuade the US central bank to hike. The Sunday Times reported that investors were assuming the flurry of weaker-than-expected eco
Read moreDirectors´ dealings: Berkeley Group non-exec picks up shares
16th Sep 2016 15:09
(ShareCast News) - Berkeley Group Holdings´s Adrian Li bought into the luxury homebuilder´s shares. Li, who chaired the company´s remuneration committee and was also a member of its audit committee, picked up 10,000 shares at 2,570p apiece on 16 September, for a total of £257,000. On 6 September th
Read moreBerkeley bounces back from Brexit uncertainty
6th Sep 2016 07:08
(ShareCast News) - Housebuilder and property developer The Berkeley Group Holdings issued an interim management statement for the period from 1 May to 31 August on Tuesday, as investors gathered for its annual general meeting. The FTSE 100 firm said it entered 2016/17 with record cash due on forward
Read moreBerkeley Group halts work on luxury development in London
2nd Sep 2016 16:06
(ShareCast News) - Berkeley Group´s abrupt decision to halt work on a luxury development in London may point to rough seas ahead for the sector in the wake of the referendum vote. The luxury homebuilder halted construction at the £20m Barnes Village project in southwest London but declined to provid
Read moreWednesday newspaper round-up: Fund outflows, North Sea Union, Berkeley Group
24th Aug 2016 07:56
(ShareCast News) - The immediate fallout from Brexit yielded the biggest outflow of funds from investment managers for at least three years in July as UK investors preferred to put their cash into safe havens. Figures from Morningstar, the financial data specialist, showed that investors pulled near
Read moreLondon close: Blue-chip miners, banks push FTSE higher as house builders fly
23rd Aug 2016 15:58
(ShareCast News) - London indices closed up thanks to heady gains among house builders after Persimmon posted robust first-half results, with miners, financials and supermarkets also on the up. While house builders dominated the top end of the blue-chip leaders' ladder, it was "miners and banks that
Read morePersimmon's H1 drags house builders higher, bodes well for sector in 2016
23rd Aug 2016 12:18
(ShareCast News) - UK house builders are topping the FTSE 100 leaders ladder today thanks to Persimmon's chipper interims, prompting some to highlight the sector's 2016 potential. The sector has turned in a lumpy performance over the past 12 months, but it had zipped higher after a dive immediately
Read moreSector movers: Real estate stocks tumble
11th Aug 2016 16:19
(ShareCast News) - Defensive sectors had the edge on Thursday even as investors continued to bid the market higher, with tobacco stocks enjoying the strongest gains alongside the likes of Unilever, with the latter standing to gain from recent improved sentiment towards emerging markets. Heading the
Read moreHousebuilders subside as Deutsche Bank slashes targets due to Brexit
26th Jul 2016 10:38
(ShareCast News) - Deutsche Bank cut its price targets for all UK housebuilders in light of Brexit uncertainty, although the bank continued to be positive about the sector. Barrett Developments' target price was cut to 575p from 667p; Berkeley to 3,829p from 3,981p; Bovis to 1,190p from 1,322p; Bell
Read moreSunday share tips: Gulf Keystone Petroleum, Marks & Spencer, Lloyds Banking
17th Jul 2016 12:22
(ShareCast News) - Gulf Keystone Petroleum shares could be worth buying, said the Sunday Times' Inside the City column, if shareholders vote to accept a debt restructuring deal that will leave them just 14% of the embattled oil producer. Shares in the Kurdistan-focused company last week dipped below
Read moreSector movers: House builders and banks rally
8th Jul 2016 18:37
(ShareCast News) - House builders, banks topped the blue-chip winners' ladder at close of play on Friday, having last week and this suffered under the shadow of Britain's non-binding vote to quit the EU. Taylor Wimpey, Berkeley Group, Barratt Developments and Persimmon sprinted higher with gains of
Read moreDirectors dealings: Real estate sector execs pick up shares
24th Jun 2016 16:37
(ShareCast News) - Friday's sharp drops among shares of UK homebuilders and real estate outfits saw executives from several outfits step-in to pick-up some shares. Glyn Barker, non-executive director at Berkeley Group Holdings scooped up 2,000 shares in the homebuilder for a total £52,060.00. In pa
Read moreLondon open: Housebuilders lead FTSE higher on Brexit confidence
22nd Jun 2016 08:41
(ShareCast News) - London stocks inched up on Wednesday morning as polls showed the EU referendum remained too close to call, though rallying housebuilding and financials stocks indicated investors were confident a Brexit will be avoided. The FTSE 100 was 0.09% higher at 6,232.19 just before 0900 BS
Read moreITV, Wolseley are Liberum's top-picks in case of Bremain, Brexit
20th Jun 2016 09:25
(ShareCast News) - Depending on whether the UK finally decided to 'Remain' or 'Leave' then different London-listed securities were likelier to 'outperform' their respective sectors, Liberum said. The broker's 'top-picks' under a 'Remain', 'Leave' and 'Either way' scenario were, ITV, Wolseley and Bal
Read moreThursday newspaper share tips: Poundland and Berkeley Group
16th Jun 2016 18:40
(ShareCast News) - South African retail conglomerate Steinhoff can certainly afford to pony up with the dosh to buy Poundland, but the Financial Times' Lex column ponders the purpose of such a deal. Steinhoff yesterday revealed itself as the mystery suitor for the UK bargain chain, adding that it wa
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