London midday: Stocks erase gains on Iraq concerns, mixed UK data
17th Jun 2014 11:20
- M&A and deals lift a number of blue chips - UK inflation drops to four-and-a-half year low - UK house prices surge 9.9% - Iraq concerns still weighing on risk appetite techMARK 2,794.67 -0.09% FTSE 100 6,755.68 +0.02% FTSE 250 15,660.55 -0.29% London stocks fluctuated at a seven-week low on Tues
Read moreLondon open: Stocks rebound from seven-week low, but Iraq still in focus
17th Jun 2014 08:20
- FTSE 100 rebounds from lowest since April 28th - Iraq tensions continue, US deploys troops - UK inflation data in focus - Shire gains on M&A hopes, Astra also in spotlight techMARK 2,802.94 +0.21% FTSE 100 6,762.27 +0.11% FTSE 250 15,730.40 +0.15% UK stocks rose slightly on Tuesday morning, boun
Read moreCrest Nicholson unveils strong first half, reinstates dividend
17th Jun 2014 07:10
- Half-year results shine as housing market momentum continues - Reinstates dividend payment - Remains confident for the full-year Surrey-based house builder Crest Nicholson said business has continued to flourish in a good housing market and, with an improving economic backdrop, it remains confide
Read moreLondon close: Investors still confident as record highs beckon
9th Jun 2014 16:57
- Housebuilders lift markets higher - US jobs data and ECB action boosting sentiment - US equities at fresh record highs - Lloyds prices TSB IPO well below book value techMARK 2,857.29 +0.20% FTSE 100 6,875.00 +0.24% FTSE 250 16,218.36 -0.09% Stocks saw some slight follow-through buying from last
Read moreSector movers: Housebuilders rise on reports of UK brownfield incentives
9th Jun 2014 14:58
Housing stocks were on the rise on Monday amid speculation that the government could soon announce measures to incentivise building on brownfield sites across the UK. According to reports, Chancellor George Osborne could use his Mansion House speech on Thursday to encourage builders to construct ne
Read moreFTSE 250 movers: Crest Nicholson leads risers
9th Jun 2014 14:05
Sustainable housing group Crest Nicholson rose strongly just days after the government announced measures to boost housing supply in the UK amid rampant house-price inflation. Integrated support services company Carillion was lifted by the news it's 50/50 joint venture (JV) with Lafarge Tarmac has
Read moreLondon midday: Upbeat global data gives UK stocks a lift
9th Jun 2014 11:30
- Housebuilders, miners lift markets higher - Chinese and Japanese data boosts sentiment - US stock futures flat at record highs - Lloyds prices TSB IPO well below book value techMARK 2,850.52 -0.04% FTSE 100 6,870.36 +0.18% FTSE 250 16,191.67 -0.25% Upbeat economic data from across the globe and
Read moreSector movers: Confident Taylor Wimpey lifts housebuilders higher
13th May 2014 14:41
Bullish comments from Taylor Wimpey gave housebuilders a big boost on Tuesday as the UK housing market continues to go from strength to strength. The group set out a "new and enhanced" set of ambitious financial targets over the medium-term, aiming for higher margins and returns. It also confirme
Read moreLondon midday: FTSE 100 trims gains but housing stocks rise
13th May 2014 11:23
- FTSE 100 hits 14-year intraday high - Housing stocks lifted by Taylor Wimpey comments - easyJet, TUI Travel and LSE fall techMARK 2,802.35 +0.28% FTSE 100 6,859.54 +0.11% FTSE 250 16,029.39 +0.30% UK markets had trimmed gains by Tuesday lunchtime after having hit their highest intraday levels in
Read moreCarnival Chairman reduces stake by around a quarter
26th Mar 2014 15:54
Micky Arison, the long-standing Chairman of cruise line operator Carnival Corp., docked a batch of shares earlier this week ahead of its better-than-expected first quarter trading update. Arison offloaded 525,348 at $40.09 each, reducing his stake to 104.52m shares. The group on Tuesday reported
Read moreFTSE 250 movers: Crest Nicholson hit by reports of major shareholder sale
21st Mar 2014 14:00
Crest Nicholson dropped after Bloomberg reported that the housebuilder's largest publicly disclosed shareholder, Deutsche Bank, is disposing of as many as 16.5m shares. The German bank is thought to have a 10 per cent stake in the company. Pharmaceuticals firm Hikma was also trading in the red toda
Read moreLondon midday: Stocks set for weekly gain as miners rise
21st Mar 2014 11:45
- Miners recover after recent slump - Obama imposes more sanctions on Russia - Markets await speeches from Fed officials - Burberry, RBS, Hikma hit by broker downgrades techMARK 2,807.91 +0.27% FTSE 100 6,564.71 +0.34% FTSE 250 16,228.56 +0.07% UK equities were trading higher on Friday with the FT
Read moreLondon pre-open: Markets spooked by Yellen comments
20th Mar 2014 07:45
UK stocks are set to track both US and Asian markets lower early on, as indicies around the world fell on the back of comments made by Federal Reserve Chairwoman Janet Yellen. The FTSE 100 is expected to fall around 40 points from yesterday's closing level of 6,573.13 early on. Yellen caught mar
Read moreCrest Nicholson forward sales jump 50 per cent
20th Mar 2014 07:11
- Housing market conditions continue to improve - Forward sales jump 50 per cent - Expects strong revenue growth to continue Housebuilder Crest Nicholson said it continued to benefit from the government's shared equity scheme as well as improving market conditions and, against a backdrop of rising
Read moreSector movers: Housing stocks rise, insurers fall after Budget
19th Mar 2014 14:03
Household goods and home construction stocks were making gains on Wednesday in the aftermath of George Osborne's 2014 Budget, in which he unveiled a number of stimulus measures to boost activity in the housing market. However, the life insurance sector was trading in the red as investors reacted ne
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