London close: Stocks rise as investors digest inflation data
14th Aug 2024 15:02
(Sharecast News) - London stocks ended Wednesday's session in positive territory, as investors reviewed the latest inflation figures from the UK and the US.
Read moreLondon close: Stocks finish positive ahead of key inflation data
13th Aug 2024 14:51
(Sharecast News) - London stocks closed higher on Tuesday, as investors digested the latest UK jobs data and anticipated upcoming inflation reports from both the UK and the US.
Read moreCrest Nicholson slides as Bellway abandons takeover bid
13th Aug 2024 13:36
(Sharecast News) - Crest Nicholson tumbled on Tuesday after Bellway said it was not planning to make an offer for its housebuilding rival.
Read moreLondon close: Stocks end turbulent week on positive note
9th Aug 2024 16:01
(Sharecast News) - London's stock markets ended the week on a high note, after stronger-than-expected US jobless claims data on Thursday alleviated concerns about the health of the American economy.
Read moreBellway sees return to growth in 2025 if market stabilises
9th Aug 2024 07:01
(Sharecast News) - UK house builder Bellway on Friday said it expected to return to growth in fiscal 2025 if market conditions remain stable, as the recent cut in interest rates and higher wages helped to fuel demand.
Read moreDeadline for Bellway to make firm Crest Nicholson offer extended
8th Aug 2024 10:34
(Sharecast News) - The deadline for Bellway's potential acquisition of Crest Nicholson has been extended, the two companies announced on Thursday, allowing more time for due diligence and negotiation.
Read moreLondon close: Stocks rise as investors look to US data
10th Jul 2024 15:01
(Sharecast News) - London stocks closed on a positive note Wednesday, buoyed by robust performances in the airline sector and growing investor attention towards key economic events in the United States, although the top-flight index remained near recent lows.
Read moreCrest Nicholson poised to back £700m Bellway bid
10th Jul 2024 10:20
(Sharecast News) - Crest Nicholson said on Wednesday that it was "minded" to recommend Bellway's revised £720m takeover offer, pushing shares in the housebuilder higher.
Read moreUK housebuilders surge on Labour victory
5th Jul 2024 07:49
(Sharecast News) - Shares in UK housebuilders jumped on Friday, on hopes that the new Labour government would reinvigorate the sector.
Read moreBellway takeover might be best option for Crest Nicholson, says RBC
18th Jun 2024 11:08
(Sharecast News) - RBC Capital Markets has hiked its target price for Crest Nicholson from 175p to 250p, but kept an 'underperform' rating after the housebuilder rejected a second takeover offer from peer Bellway.
Read moreLondon close: Stocks fall amid French political concerns
14th Jun 2024 15:36
(Sharecast News) - London stocks were still in the red by the close on Friday, mirroring a broader European selloff driven by political uncertainty in France.
Read moreCrest Nicholson rejects two takeover proposals from Bellway
14th Jun 2024 07:18
(Sharecast News) - Crest Nicholson confirmed on Friday that it had rejected two, unsolicited takeover approaches from Bellway, the latest valuing the group at about £650m.
Read moreBellway lifts price guidance after strong spring selling season
7th Jun 2024 07:12
(Sharecast News) - Housebuilder Bellway has kept its guidance for housing completions this fiscal year but has lifted its forecast for pricing.
Read moreLondon close: Stocks in the red as inflation falls less than expected
22nd May 2024 15:00
(Sharecast News) - London stocks ended in negative territory on Wednesday, as market participants reacted to the possibility of a summer general election and disappointing inflation data for April.
Read moreLondon 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.
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