Taylor Wimpey In Early Talks To Refinance Debt Package-Source
12th Jul 2010 11:10
By Anita Likus Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. volume house builder Taylor Wimpey PLC (TW.LN) is in early discussions with its lenders to refinance its debt package again, a person close to the situation said on Monday. Taylor Wimpey has started talking to its lenders ea
Read moreTaylor Wimpey In Debt Talks - Financial Times
12th Jul 2010 07:24
LONDON (Dow Jones)--Taylor Wimpey PLC (TW.LN) is negotiating with lenders over a refinancing package that would increase the ability of the U.K.'s second-largest housebuilder by volume to buy land, the Financial Times reports Monday, citing a person close to the company. Taylor Wimpey is seeking
Read moreMonday newspaper round-up: Banks, Taylor Wimpey, Google
12th Jul 2010 06:42
A battle to break into Britain's crowded high street banking market is in the offing with an American private equity firm and a British consortium both gearing up for acquisitions. The New York-based JC Flowers is in talks to take control of Kent Reliance, a building society with only one branch. T
Read moreLondon close: Footsie rises again after strong week
9th Jul 2010 17:07
Footsie finished a very good week on the up again, helped by gains for the miners, life groups and Smith & Nephew. Antofagasta was the stand-out stock in the mining sector after Goldman Sachs issued a "buy" recommendation. Goldman Sach also advocates buying Anglo American ahead of an expected adv
Read moreLondon afternoon: Footsie condolidates gains
9th Jul 2010 14:39
Shares edged a little bit higher over the lunch time session with little sign yet of investors looking to bank the week's gains. Mining stocks are leading the advance. Antofagasta is the stand-out stock in the sector after Goldman Sachs issued a "buy" recommendation. Goldman Sach also advocates buy
Read moreLondon midday: Stocks becalmed
9th Jul 2010 11:59
After a bright start things in London have tailed off with those traders still chained to their screens probably contemplating an early getaway for the week-end. Constituents of the FTSE 100 index are almost exactly divided between leaders and laggards, with insurers and base metal miners prominent
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
9th Jul 2010 07:23
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0623 GMT [Dow Jones] HSBC initiates coverage of UK house builders. Expects 5% to 35% falls in the share prices of the five UK
Read moreMARKET TALK: HSBC Initiates UK House Builders
9th Jul 2010 07:23
0623 GMT [Dow Jones] HSBC initiates coverage of UK house builders. Expects 5% to 35% falls in the share prices of the five UK house builders with the biggest exposure to northern regions based on its construction team's forecast of a 5% regionally-weighted contraction in house prices in '10-'11. See
Read morePRESS RELEASE: Fitch Affirms Taylor Wimpey at 'B'; Outlook Stable
8th Jul 2010 09:34
The following is a press release from Fitch Ratings: Fitch Ratings-London-08 July 2010: Fitch Ratings has today affirmed UK house-builder Taylor Wimpey Plc's (TW) Long-term Issuer Default Rating (IDR) at 'B' with a Stable Outlook. Fitch has also affirmed TW's Short-term IDR at 'B' and senior un
Read moreUPDATE: Persimmon Prepares For Seasonally Strong Autumn Season
6th Jul 2010 08:48
By Anita Likus Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Persimmon PLC (PSN.LN), the U.K.'s largest house builder by market capitalization, Tuesday said it will open up new sites to prepare for the normally stronger housing market in the autumn, after beating analyst expectations, which se
Read moreMARKET TALK: Credit Suisse Adjusts Ratings On UK Housing Stocks
5th Jul 2010 07:58
0658 GMT [Dow Jones] Credit Suisse adjusts ratings on UK housing stocks in its latest sector note. Brokerage believes buying opportunities remain within the sector, "despite downward revisions to our price and volume forecasts for 2011 and a significant change to our valuation methodology that mater
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
5th Jul 2010 07:58
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0658 GMT [Dow Jones] Credit Suisse adjusts ratings on UK housing stocks in its latest sector note. Brokerage believes buying
Read moreWiseman chairman sells
2nd Jul 2010 17:17
Alan Wiseman, the chairman of Robert Wiseman Dairies, has raised £3m from a share sale. Wiseman sold 615,000 shares at 491.5p each. He still owns 15.2% of the Scottish dairy group. In June, Robert Wiseman completed the repurchase of capital equipment and vehicles that were the subject of a sale
Read moreLondon close: Flat finish
30th Jun 2010 15:56
A jumpy start on Wall Street did nothing to steady a volatile Footsie, but despite all the fluctuations the leading index finished hardly changed on the day. London lost 272 points in June, the third monthly decline in a row, and traded a range of well over 400 points. Miners ENRC, Kazakhmys and A
Read moreLondon afternoon: Miners spoil the party
30th Jun 2010 14:15
The Footsie turned south over the lunch time session as traders took note of the US stock futures market which indicates US markets will open mixed and miners took a turn for the worse. Anglo-Swedish drugs giant AstraZeneca is still the best performer after it received a favourable US ruling in it
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