London close: Stocks fall amid renewed global jitters
13th Jun 2024 15:52
(Sharecast News) - London markets exhibited a mixed performance on Thursday, as investors digested the latest policy announcement from the US Federal Reserve and reacted to corporate developments in various sectors.
Read moreCrest Nicholson slashes dividend after posting first-half loss
13th Jun 2024 07:26
(Sharecast News) - Home construction group Crest Nicholson slashed its interim dividend payment after swinging to a loss in the first half, as the company substantially scaled back its profit guidance for the full year, causing shares to sink on Thursday.
Read moreBerenberg upgrades Taylor Wimpey to 'buy'
5th Jun 2024 12:00
(Sharecast News) - Berenberg has upgraded Taylor Wimpey to 'buy' following a review of UK housebuilders ahead of next month's general election.
Read moreLondon close: Stocks rise as BoE keeps rates on hold
21st Mar 2024 16:33
(Sharecast News) - London markets closed higher on Thursday, sustaining gains after the Bank of England adhered to expectations by maintaining interest rates at a 16-year high.
Read moreLondon close: Stocks mixed as Japan ends negative rate policy
19th Mar 2024 16:23
(Sharecast News) - London markets closed with a mixed performance on Tuesday, as investors weighed the implications of Japan's decision to end negative interest rates against upcoming policy announcements from the US Federal Reserve and the Bank of England later in the week.
Read moreCrest Nicholson to fork out up to £15m on more build defects
19th Mar 2024 07:24
(Sharecast News) - Crest Nicholson said on Tuesday that it has become aware of build defects on four sites that were completed prior to 2019 that could cost it up to £15m to fix.
Read moreLondon close: Stocks fall as US inflation tops forecasts
14th Mar 2024 16:33
(Sharecast News) - London's equity markets finished in negative territory on Thursday, driven by a flurry of stocks going ex-dividend and investor reactions to the latest US producer inflation and jobless data.
Read moreLondon close: Stocks fall as US inflation tops expectations
13th Feb 2024 16:21
(Sharecast News) - London markets ended the trading day in negative territory on Tuesday, influenced by concerns over higher inflation figures from the United States and a deceleration in wage growth within the UK.
Read moreLondon close: Stocks fall as US inflation tops expectations
13th Feb 2024 16:21
(Sharecast News) - London markets ended the trading day in negative territory on Tuesday, influenced by concerns over higher inflation figures from the United States and a deceleration in wage growth within the UK.
Read moreLondon close: Stocks slip as focus shifts to US earnings
23rd Jan 2024 17:46
(Sharecast News) - London's stock markets experienced a downturn on Tuesday, despite the release of favourable UK borrowing figures as investors turned their focus to earnings from prominent US companies on Wall Street.
Read moreCrest Nicholson FY profits slump amid tough housing market
23rd Jan 2024 07:32
(Sharecast News) - UK housebuilder Crest Nicholson posted a bigger-than-expected fall in annual profits but said it was encouraged by an increase in customer inquiries as borrowing costs fell, while chief executive Peter Truscott announced he was stepping down to be replaced by Persimmon chief commercial officer Martyn Clark.
Read moreJefferies downgrades Crest Nicholson, ups Persimmon
16th Jan 2024 11:49
(Sharecast News) - Jefferies has upgraded Persimmon and cut its rating on Crest Nicholson following a review of UK housebuilders.
Read moreLondon close: Stocks mixed on relatively quiet Monday
15th Jan 2024 15:37
(Sharecast News) - London's stock market finished with a mixed performance on Monday, after underwhelming reports from PageGroup and Crest Nicholson.
Read moreCrest Nicholson warns on profits but points to improving conditions
15th Jan 2024 07:18
(Sharecast News) - Home construction company Crest Nicholson has delivered a profit warning as a result of higher-than-expected costs as it announced an additional one-off charge from a legal claim.
Read moreLondon close: Stocks rise on flurry of manufacturing data
1st Dec 2023 17:39
(Sharecast News) - London stocks closed positively on Friday, with miners playing a pivotal role following broker upgrades and optimistic Chinese manufacturing data.
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