MARKET TALK: Bellway Trading Statement In Line - Panmure
15th Jun 2010 10:04
0904 GMT [Dow Jones] Bellway's (BWY.LN) trading statement is in line with expectations, says Panmure Gordon. The company reports that for the current financial year it expects sales to be about 200 units higher than that reported in '09. The brokerage notes though that since the general election, un
Read moreINTERVIEW: Bellway CEO Sees Autumn Improvement In Sales
15th Jun 2010 08:58
By Anita Likus Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. house builder Bellway PLC (BWY.LN) expects an upbeat autumn selling season after sales slowed due to the U.K. general election in May, its chief executive said. The U.K. general election "unsettled buyers' thought process," a
Read moreLondon open: Footsie drifts lower
15th Jun 2010 08:49
London's top stocks are lower in early dealings following yesterday's good gains, despite a multi-billion approach to BSkyB from 39% shareholder Rupert Murdoch. Satellite broadcaster BSkyB rejected a 700p per share offer from News Corporation, the vehicle of media magnate Murdoch and said 800p per
Read moreUPDATE: Bellway Upbeat Despite 'Slight' Drop In Sales Rate
15th Jun 2010 07:48
(Adds detail and comment.) By Anita Likus Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. house builder Bellway PLC (BWY.LN) Tuesday said it remains well positioned to continue delivering earnings growth despite a "slight reduction" in weekly sales and site visitors because of uncertai
Read moreLondon pre-open: Shares to retreat
15th Jun 2010 07:37
London's top stocks are expected to drop in early dealings following yesterday's good gains, with investors likely to focus on results from supermarket giant Tesco. Tesco said it is continuing to see evidence of a steady consumer recovery in Britain as it reported UK like for like (lfl) sales gro
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS -2-
15th Jun 2010 07:28
0627 GMT [Dow Jones] UBS raises Weir Group (WEIR.LN) price target to 1200p from 1150p. "While Weir has already delivered four decent-sized upgrades to '10 estimates this year we believe the momentum will keep on going, albeit probably not at the same pace that has seen '10 estimates," says UBS. It a
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
15th Jun 2010 07:28
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] 0628 GMT [Dow Jones] Bellway's (BWY.LN) trading update shows overall sales rates broadly comparable to last year in the 18 we
Read moreMARKET TALK: Bellway Sales Rates Comparable To Last Year
15th Jun 2010 07:28
0628 GMT [Dow Jones] Bellway's (BWY.LN) trading update shows overall sales rates broadly comparable to last year in the 18 weeks under review, a trader says. Notes a slight reduction in site visitors and weekly sales rates post the election. Also notes the management is slightly more cautious on the
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
15th Jun 2010 07:24
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] 0624 GMT [Dow Jones] Bellway's (BWY.LN) trading statement is encouraging for both the company and the rest of the sector, say
Read moreMARKET TALK: Bellway Statement Encouraging - Liberum Capital
15th Jun 2010 07:24
0624 GMT [Dow Jones] Bellway's (BWY.LN) trading statement is encouraging for both the company and the rest of the sector, says Liberum Capital analyst. Says while Bellway saw a reduction in sales after the general election this was only small. Says the market has been very nervous about the housing
Read moreBellway Upbeat Despite 'Slight' Drop In Sales Rate
15th Jun 2010 07:20
By Anita Likus Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. house builder Bellway PLC (BWY.LN) Tuesday said it remains well positioned to continue delivering earnings growth despite a "slight reduction" in weekly sales and site visitors because of uncertainty surrounding U.K. government
Read moreNew government uncertainty affects Bellway
15th Jun 2010 07:02
Housebuilder Bellway said uncertainty surrounding the new government's fiscal policy has resulted in a slight reduction in visitor site visits and weekly sales rates. "Nevertheless, with a strong forward order book, net cash in the bank of £55 million and expected future margin improvement, Bellway
Read moreTuesday preview: Tesco, Ted Baker, housing
14th Jun 2010 15:13
Tesco boss Sir Terry Leahy surprised the market last week with his decision to retire next year, but the company is not expected to spring any more surprises on Tuesday when it issues a trading update. Like its supermarket peers Tesco has been dealing with slowing food price inflation which makes g
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
11th Jun 2010 10:41
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] 0941 GMT [Dow Jones] UK housebuilders offer good value and their shares should perform better once the government's budget is
Read moreMARKET TALK: UK Housebuilders Should Improve After The Budget
11th Jun 2010 10:41
0941 GMT [Dow Jones] UK housebuilders offer good value and their shares should perform better once the government's budget is out of the way, says Liberum Capital. Adds that sector underperformance has been driven by risk aversion. Says the budget on June 22 is almost certain to include an increase
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