McCarthy & Stone halts building and cuts top pay

25th Mar 2020 07:40

(Sharecast News) - McCarthy & Stone has stopped building and cut its top people's pay by 20% to conserve more than £200m of cash and strengthen its finances against the impact of the Covid-19 crisis.

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Thursday broker round-up

19th Mar 2020 11:33

(Sharecast News) - Barratt Developments: Jefferies upgrades to buy with a target price of 729p.

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Housebuilders are too cheap, Jefferies says

19th Mar 2020 10:18

(Sharecast News) - UK housebuilders are too cheap, Jefferies said as the broker placed 'buy' ratings on almost all sector stocks after big share price falls caused by the coronavirus crisis.

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McCarthy & Stone scraps dividend due to outbreak

18th Mar 2020 12:36

(Sharecast News) - Retirement housebuilder McCarthy & Stone said on Wednesday that the coronavirus would have a "material" impact on trading in the coming months, as it scrapped its dividend.

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Friday broker round-up

7th Feb 2020 13:12

(Sharecast News) - Vodafone: Jefferies upgrades to buy with a target price of 146p.

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Wednesday broker round-up

5th Feb 2020 13:17

(Sharecast News) - Antofagasta: Deutsche Bank upgrades to hold with a target price of 850p.

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Wednesday broker round-up

29th Jan 2020 13:33

(Sharecast News) - TUI: HSBC upgrades to buy with a target price of 1,040p.

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McCarthy & Stone slumps on placing news

29th Jan 2020 08:24

(Sharecast News) - McCarthy & Stone was under the cosh on Wednesday on news that private equity firm Anchorage Capital was placing 43m shares in the retirement housebuilder.

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McCarthy & Stone sees pickup after slow start to year

28th Jan 2020 08:31

(Sharecast News) - McCarthy & Stone said December's general election caused a slow start to the financial year but that its expectations were unchanged as the retirement home developer posted a 25% fall in annual profit.

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Tuesday preview: nCoV Coronavirus, Crest Nicholson in focus

27th Jan 2020 15:34

(Sharecast News) - The focus of trading on Tuesday will in all likelihood continue to be on the news-flow around the new nCoV coronavirus in China, as investors try and spy any slowdown in the momentum of new cases, which could be rapidly reflected in share prices.

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Tuesday broker round-up

14th Jan 2020 11:54

(Sharecast News) - DFS: Jefferies downgrades to hold with a target price of 275p.

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Tuesday broker round-up

7th Jan 2020 12:31

(Sharecast News) - SSE: Goldman Sachs downgrades to neutral with a target price of 1,461p.

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McCarthy & Stone revenue strong amid tougher market

7th Nov 2019 08:32

(Sharecast News) - Retirement property developer McCarthy & Stone updated the market on its trading for the 14 month financial year ended 31 October on Thursday, reporting that full-year revenue was expected to be around £720m, up from £672m year-on-year.

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FTSE 250: Gold miners dulled, Intu surges

9th Sep 2019 14:08

(Sharecast News) - London's FTSE 250 was fell by 0.18% to 19,669.56 in afternoon trading on Monday, with precious metals miners leading the way lower.

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McCarthy & Stone pleased with likely exemption from ground rent ban

28th Jun 2019 07:50

(Sharecast News) - Retirement housebuilder McCarthy & Stone welcomed the response of the Ministry of Housing, Communities and Local Government (MHCLG) to its October consultation on ground rents on Friday.

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