London close: Stocks mixed as data shows UK GDP growth
12th Apr 2024 14:45
(Sharecast News) - London's markets closed with a mixed performance on Friday, as investors digested the latest GDP data suggesting an end to the recession in the UK.
Read moreBerenberg downgrades Redrow on limited upside
22nd Mar 2024 09:00
(Sharecast News) - Berenberg has cut its rating for housebuilder Redrow from 'buy' to 'hold' following the company's announced merger with Barratt Developments.
Read moreRBC Capital downgrades Redrow to 'sector perform'
21st Mar 2024 09:50
(Sharecast News) - RBC Capital Markets downgraded Redrow on Thursday to 'sector perform' from 'outperform' following a period of outperformance and the fact the share price is now linked to that of Barratt Developments.
Read moreLondon close: Stocks finish mixed after Reckitt compo blow
15th Mar 2024 15:07
(Sharecast News) - London's equity markets finished in a mixed state at the end of a quiet trading session on Friday, after another hotter-than-expected US inflation reading overnight.
Read moreUK's CMA to seeks views on Barratt £2.5bn Redrow takeover
15th Mar 2024 07:21
(Sharecast News) - UK competition regulators on Friday said they were taking an initial look into Barratt's £2.52bn takeover of homebuilding rival Redrow.
Read moreLondon close: Stocks fall as investors look to US data
26th Feb 2024 15:11
(Sharecast News) - London markets closed in negative territory on Monday, as investors remained cautious ahead of the release of crucial US economic data later in the week.
Read moreUK housebuilders face CMA probe over info sharing, home quality
26th Feb 2024 07:52
(Sharecast News) - Britain's competition watchdog has started an investigation into eight housebuilders over evidence they may have been sharing information which could be harming competition in the sector and influencing prices.
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 Barratt, Redrow announce merger
7th Feb 2024 15:00
(Sharecast News) - London's stock markets finished in the red on Wednesday, as investors digested fresh house price data as well as news of a big merger in the housebuilding sector.
Read moreBarratt, Redrow agree £2.5bn merger
7th Feb 2024 07:02
(Sharecast News) - Britain's biggest housebuilder Barratt said it had agreed an all-share takeover of smaller rival Redrow valuing the latter at £2.5bn.
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.
Read moreDirector deals: Redrow chairman picks up shares
14th Nov 2023 16:21
(Sharecast News) - Redrow's non-executive chairman bought shares in the homebuilder at the start of the week.
Read moreLondon close: Stocks tumble on Powell comments as GDP stagnates
10th Nov 2023 15:45
(Sharecast News) - London markets declined on Friday as investors reacted to hawkish remarks by Federal Reserve chair Jerome Powell made overnight.
Read moreRedrow results seen at low end after tough Autumn
10th Nov 2023 07:16
(Sharecast News) - British housebuilder Redrow has warned that full-year sales and profits would likely be at the lower end of guidance due to a subdued Autumn trading period.
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