UK hours worked plunge with worse to come for jobs

16th Jun 2020 07:57

(Sharecast News) - The number of hours worked in the UK fell at a record pace as an extra 6m people stayed off work during the Covid-19 crisis, official figures showed.

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Travis Perkins to cut 2,500 jobs as recession hits construction

15th Jun 2020 09:18

(Sharecast News) - Travis Perkins plans to cut 2,500 jobs and shut 165 branches to cut costs as the recession caused by Covid-19 hits the construction industry.

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Tuesday broker round-up

2nd Jun 2020 14:15

(Sharecast News) - TUI: Berenberg downgrades to sell with a target price of 350p.

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Liberum upgrades Howden, downgrades HSS Hire and Ashtead

19th May 2020 14:54

(Sharecast News) - Liberum reviewed its ratings on a number of stocks in the building materials and equipment hire sectors on Tuesday, noting a preference for Howden and Travis Perkins.

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Wednesday broker round-up

6th May 2020 13:16

(Sharecast News) - Hiscox: Jefferies upgrades to buy with a target price of 850p.

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Travis Perkins revenues drop two-thirds in April

28th Apr 2020 08:02

(Sharecast News) - Building materials distributor Travis Perkins said on Tuesday that revenues were down by two-thirds thus far in April as a result of the Covid-19 pandemic.

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Wednesday broker round-up

8th Apr 2020 12:53

(Sharecast News) - Travis Perkins: JP Morgan downgrades to underweight with a target price of 920p.

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Friday broker round-up

20th Mar 2020 13:28

(Sharecast News) - Bunzl: Credit Suisse downgrades to underperform with a target price of 1,195p.

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Covid-19: Travis Perkins suspends divi, puts Wickes demerger on hold

20th Mar 2020 07:57

(Sharecast News) - Building materials group Travis Perkins suspended its full year dividend, postponed the planned demerger of its Wickes DIY unit and scrapped future guidance as it braced for the impact of the coronavirus.

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UK house prices surge post-election, but Covid-19 dampens outlook

16th Mar 2020 10:40

(Sharecast News) - House prices hit a fresh high in February, data published on Monday showed, as consumer confidence improved following last year's decisive general election.

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Wednesday broker round-up

4th Mar 2020 13:29

(Sharecast News) - CMC Markets: Peel Hunt upgrades to buy with a target price of 210p.

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Canaccord Genuity slightly lowers target price on Travis Perkins

4th Mar 2020 13:00

(Sharecast News) - Analysts at Canaccord Genuity slightly lowered their target price on shares of builders' merchant and home improvement retailer Travis Perkins from 1,720.0p to 1,700.0p on Wednesday but stated that a "simpler and more coherent future" still awaited the group.

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Tuesday broker round-up

3rd Mar 2020 12:46

(Sharecast News) - Huntsworth: Liberum downgrades to hold with a target price of 108p.

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Travis Perkins swings to full-year profit

3rd Mar 2020 07:56

(Sharecast News) - Builders' merchant Travis Perkins said on Tuesday that it swung to a profit in the year to the end of December 2019 thanks to solid performances from its merchant business and Toolstation and a recovery in Wickes.

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Thursday broker round-up

20th Feb 2020 13:40

(Sharecast News) - Travis Perkins: Citigroup upgrades to buy with a target price of 1,900p.

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