FTSE 250 movers: Bodycote jumps 12%
9th Jul 2010 13:48
Steady and broad based progress is being made at engineering firm Bodycote, leaving it on course to comfortably exceed the highest broker forecast for full year operating profit. The company's shares have jumped more than 12%. Housebuilder Bovis is selling homes in line with its targeted weekly sal
Read moreBroker tips: Michael Page, Bovis Homes, Spirax-Sarco
9th Jul 2010 12:59
KBC Peel Hunt expects to upgrade its profit forecasts for Michael Page by about 25% for this year and next following the recruiter's second quarter update, cementing the stock's position as one of the broker's top picks in the recruitment sector. "Michael Page's experienced management team, strong
Read moreBroker snap: Bovis remains Killik's preferred housebuilder
9th Jul 2010 12:58
Bovis Homes remains Killik's favoured pick in the housebuilding sector, after what the broker described as a 'solid' first half trading statement. "In the short term, the group is benefitting from the current surplus of land vendors over land buyers which is keeping land prices attractive. Further
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
9th Jul 2010 12:39
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] 1139 GMT [Dow Jones] The tone of Bovis Homes's (BVS.LN) 1H update is strong, indicating a return to dividend payments by y
Read moreMARKET TALK: Bovis Statement Strong - Investec
9th Jul 2010 12:39
1139 GMT [Dow Jones] The tone of Bovis Homes's (BVS.LN) 1H update is strong, indicating a return to dividend payments by year-end, notes Investec Securities. Still, the brokerage makes no changes to its in-line earnings estimates, saying it expects weakness in 2H due to what it believes to be a hiat
Read moreLondon midday: Stocks becalmed
9th Jul 2010 11:59
After a bright start things in London have tailed off with those traders still chained to their screens probably contemplating an early getaway for the week-end. Constituents of the FTSE 100 index are almost exactly divided between leaders and laggards, with insurers and base metal miners prominent
Read moreLondon open: Footsie up again
9th Jul 2010 08:57
London has started brightly buoyed by another strong performance overnight on Wall Street and a rash of upbeat company announcements. Miners are leading the way following the big gains in the US. Antofagasta, ENRC and Rio Tinto are the best performers. On the downside, National Grid, GlaxoSmithKlin
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
9th Jul 2010 07:58
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] 0658 GMT [Dow Jones] Bovis Homes's (BVS.LN) 1H performance is solid but not dramatic, says KBC Peel Hunt. Says land spending
Read moreUK House Builder Bovis To Resume Dividend At Year-End
9th Jul 2010 07:58
LONDON (Dow Jones)--U.K. house builder Bovis Homes Group PLC (BVS.LN) Friday said it is to resume paying a dividend at the end of the current financial year. The company said the payment, on the basis that current market conditions in the new homes market continue, follows board confidence in th
Read moreMARKET TALK: Bovis Homes 1H Solid - KBC
9th Jul 2010 07:58
0658 GMT [Dow Jones] Bovis Homes's (BVS.LN) 1H performance is solid but not dramatic, says KBC Peel Hunt. Says land spending is higher than the brokerage expected, which could lead to more rapid volume expansion across the next three years. "More aggressive land acquisition is the smart move - we be
Read moreLondon pre-open: London cheered by newsflow
9th Jul 2010 07:40
London is set for a bright start, buoyed by another strong performance overnight on Wall Street and a rash of upbeat company announcements on this side of the pond. Housebuilder Bovis is selling homes in line with its targeted weekly sale rate and will resume dividend payments at the end of the fin
Read moreMARKET TALK: HSBC Initiates UK House Builders
9th Jul 2010 07:23
0623 GMT [Dow Jones] HSBC initiates coverage of UK house builders. Expects 5% to 35% falls in the share prices of the five UK house builders with the biggest exposure to northern regions based on its construction team's forecast of a 5% regionally-weighted contraction in house prices in '10-'11. See
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
9th Jul 2010 07:23
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] 0623 GMT [Dow Jones] HSBC initiates coverage of UK house builders. Expects 5% to 35% falls in the share prices of the five UK
Read moreBovis Homes Intends To Resume Dividends At The End Of Fincl Yr
9th Jul 2010 07:20
LONDON (Dow Jones)--Bovis Homes Group PLC (BVS.LN), a company that sells homes to both private and public sector customers, announced Friday for the six months to June 30, that given the confidence the Board has in the medium term prospects of the Group arising from its investment in new land opport
Read moreBovis to bring back the dividend
9th Jul 2010 07:05
Housebuilder Bovis is selling homes in line with its targeted weekly sale rate and will resume dividend payments at the end of the financial year as long as things continue as they are. It admits the new homes market remains subdued with ongoing liquidity issues in the first time buyer market, but
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