UK MARKET TALK ROUNDUP: BROKERS COMMENTS
28th Jun 2010 07:59
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0659 GMT [Dow Jones] Taylor Wimpey's (TW.LN) update shows that trading has strengthened in recent weeks, after a slight softe
Read moreMARKET TALK: Taylor Wimpey Update Shows Recent Trading Higher
28th Jun 2010 07:59
0659 GMT [Dow Jones] Taylor Wimpey's (TW.LN) update shows that trading has strengthened in recent weeks, after a slight softening in sales around the time of the general election, says Shore Capital. Says management is continuing to focus on price improvements rather than volumes. Elsewhere, notes t
Read moreSunday tips round-up: Resolution, Halma, Berkeley
27th Jun 2010 12:37
It's fair to say that Resolution brings a little bit of glamour to an industry best known for grey-suited number crunchers. The insurance buy-out vehicle first emerged in 2008 and was set up to drive consolidation in the UK life industry. The company, which was founded by the colourful entrepreneur
Read moreLondon close: Resource stocks drag Footsie lower
25th Jun 2010 16:42
Weakness in the resources sector ensured that Footsie finished firmly in the red. ENRC, Lonmin and Kazkhmys were big losers in the mining sector as base metal prices retreat. BP resumed its slide following a couple days' respite. Nomura Securities has suggested that the oil giant may have to ra
Read moreLondon afternoon: Stuck in reverse
25th Jun 2010 14:14
BP trimmed its losses over the lunch time session but the Footsie ended the period more or less where it started it, as weak mining stocks continue to weigh on the index. ENRC, Lonmin and Kazkhmys remain the big losers in the mining sector as base metal prices retreat. BP is still under the cosh
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
25th Jun 2010 12:50
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1150 GMT [Dow Jones] Berkeley Group (BKG.LN) FY '10 results beat expectations, says Investec Securities, noting that preta
Read moreMARKET TALK: Berkeley FY '10 Beats Expectations - Investec
25th Jun 2010 12:50
1150 GMT [Dow Jones] Berkeley Group (BKG.LN) FY '10 results beat expectations, says Investec Securities, noting that pretax profit comes in at GBP110M versus brokerage's forecast of GBP106M. Adds that overall comments on the London market are not as bad as feared, with any post-election slowdown see
Read moreLondon midday: Stormy weather for BP
25th Jun 2010 12:01
Mining stocks and BP have combined to spoil what was a firm start by London's blue-chip stocks, with even the weather now appearing to have it in for the beleaguered UK oil giant. Mining stocks such as ENRC, Lonmin and Kazkhmys suffer chunky falls but these are dwarfed by BP shares, which are havin
Read moreUPDATE: Berkeley Targets Growth As Full-Year Earnings Fall
25th Jun 2010 09:19
(Adds detail and comment.) By Anita Likus Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. home builder Berkeley Group PLC (BKG.LN) Friday posted declines in profit and revenue but said it plans to grow its earnings per share and its land bank by 10% over the next 12 months. Berkele
Read moreINTERVIEW: Berkeley To Open New Sites, Continue Buying Land
25th Jun 2010 08:17
By Anita Likus Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. home builder Berkeley Group PLC (BKG.LN) plans to open new outlets while continuing to buy land this year, Managing Director Rob Perrins told Dow Jones Newswires in an interview Friday. "We are opening seven to eight new out
Read moreMARKET TALK: Berkeley Profit, EPS Ahead; New Strategy Needed
25th Jun 2010 08:08
0708 GMT [Dow Jones] Berkeley Group's (BKG.LN) pretax profit and EPS in its final results are ahead of forecasts says KBC Peel Hunt. Also notes the cash position is higher than anticipated. Meanwhile, suggests Berkeley needs to map out its new strategy as it is still living off its land deals from 1
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
25th Jun 2010 08:08
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0708 GMT [Dow Jones] Berkeley Group's (BKG.LN) pretax profit and EPS in its final results are ahead of forecasts says KBC
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
25th Jun 2010 08:06
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0706 GMT [Dow Jones] Berkeley Group's (BKG.LN) FY results against a backdrop of resilient pricing generates pretax profit of
Read moreMARKET TALK: Berkeley Impresses With FY Pretax Profit - Shore
25th Jun 2010 08:06
0706 GMT [Dow Jones] Berkeley Group's (BKG.LN) FY results against a backdrop of resilient pricing generates pretax profit of GBP110.3M, around 3% ahead of Shore Capital's forecast. Shore says the company has a strong cash position and is well placed to continue buying land at attractive prices. Shor
Read moreLondon pre-open: No sign of Wall St. hangover
25th Jun 2010 07:43
After the Dow Jones suffered a triple-digit fall overnight there were fears that London might go the same way, but traders are predicting the FTSE 100 will open a little higher, up 16 points at 5,116. BP has spent another $350,000 (£234,000) on the Gulf of Mexico oil disaster since Monday, taking t
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