London close: Stocks slip as US core inflation tops forecasts

28th Mar 2025 14:40

(Sharecast News) - London stocks closed lower on Friday, as investors digested a mix of economic signals, including a surprise rise in US consumer inflation and fresh domestic data.

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London close: Stocks higher as Reeves delivers Spring Statement

26th Mar 2025 15:01

(Sharecast News) - London stocks closed modestly higher on Wednesday, supported by investor reaction to the chancellor's Spring Statement and a larger-than-expected drop in UK inflation.

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London close: Stocks firmer ahead of Spring Statement

25th Mar 2025 17:34

(Sharecast News) - London stocks ended Tuesday in positive territory, ahead of the Chancellor's Spring Statement on Wednesday, supported by gains in housebuilding shares and strength from Segro and Shell.

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London close: Stocks finish lower amid massive Heathrow disruption

21st Mar 2025 15:05

(Sharecast News) - London stocks ended lower on Friday, pressured by weak airline performance amid an all-day closure at Heathrow Airport, as well as disappointing public finance figures.

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RBC Capital upgrades Crest Nicholson to 'outperform', lifts price target

21st Mar 2025 08:58

(Sharecast News) - RBC Capital Markets upgraded Crest Nicholson on Friday to 'outperform' from 'sector perform' and hiked the price target to 230p from 180p after the housebuilder's capital markets day on Thursday.

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Crest Nicholson sees strong start to the year, shares jump

20th Mar 2025 09:04

(Sharecast News) - Shares in Crest Nicholson Holdings rallied on Thursday, after the housebuilder said it had seen an "encouraging" start to the year.

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Investec upgrades Crest Nicholson to 'buy'

5th Feb 2025 16:15

(Sharecast News) - Investec upgraded its stance on housebuilder Crest Nicholson on Wednesday to 'buy' from 'hold'.

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Crest Nicholson swings to £144m annual loss

4th Feb 2025 07:26

(Sharecast News) - UK housebuilder Crest Nicholson said it has seen a slight improvement in its sales performance since the start of the new year financial year, though tough conditions and one-off fire-safety charge over the 12 months to 31 October saw it swing to a substantial annual loss.

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London close: Stocks mixed on cooler-than-expected US producer inflation

14th Jan 2025 15:00

(Sharecast News) - London's equity markets closed Tuesday in mixed territory as investors assessed new producer price data from across the pond, as well as the implications of a heavily oversubscribed UK government bond auction.

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Crest Nicholson delays results as fire remedy costs mount

14th Jan 2025 09:13

(Sharecast News) - Crest Nicholson said on Tuesday that it was delaying publication of its full-year results amid a hike in fire safety provisions.

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JPMorgan upgrades Bellway and Crest Nicholson, downgrades Taylor Wimpey

5th Dec 2024 10:34

(Sharecast News) - JPMorgan Cazenove upgraded Bellway and Crest Nicholson on Thursday but downgraded Taylor Wimpey as it took a look at UK housebuilders.

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RBC Capital downgrades Persimmon, Vistry

2nd Dec 2024 10:06

(Sharecast News) - RBC Capital Markets upgraded Barratt Redrow and Crest Nicholson on Monday but downgraded Persimmon and Vistry as it took a look at UK housebuilders.

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Crest Nicholson sees FY at lower end, but upbeat on 2025

20th Nov 2024 07:15

(Sharecast News) - House builder Crest Nicholson said it expected full-year earnings to be at the lower end of the guidance due to a higher proportion of affordable homes being delivered and moved to trade out of low margin sites.

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Stifel upgrades Barratt Redrow, Crest Nicholson

11th Oct 2024 09:38

(Sharecast News) - Stifel adjusted its ratings on several UK housebuilders on Friday, upgrading Barratt Redrow and Crest Nicholson to 'buy' from 'hold' on the back of underperformance and a compelling valuation, respectively.

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Sixth Street, Patron reportedly considering bid for L&G-owned housebuilder Cala

4th Sep 2024 17:21

(Sharecast News) - US investment firm Sixth Street has partnered with Patron Capital Partners to compete against FTSE 100 housebuilder Persimmon in the bid to acquire privately-held UK housebuilder Cala Group, it emerged on Wednesday afternoon.

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