London close: Stocks gain as investors await Powell speech
9th Nov 2023 15:02
(Sharecast News) - London's stock markets were buoyant at the close of trading on Thursday, influenced by Chinese inflation data, a substantial influx of corporate news, and a speech from the Fed chair later in the global day.
Read moreTaylor Wimpey sees FY profit at top end of guidance
9th Nov 2023 07:58
(Sharecast News) - Taylor Wimpey highlighted an uncertain market backdrop on Thursday, but said it now expects full-year operating profit to be at the top end of its guidance range thanks to a "focus on optimising price and sharp cost discipline".
Read moreLondon close: Stocks mixed as US inflation comes in slightly hot
12th Oct 2023 16:02
(Sharecast News) - London markets ended with a mixed outcome on Thursday, as investors digested a fresh inflation reading out of the US, as well as a slight uptick in the UK economy.
Read moreTaylor Wimpey posts drop in 1H revenues and profit after 'substantial' rise in mortgage rates
2nd Aug 2023 07:24
(Sharecast News) - Taylor Wimpey posted a sharp drop in first half revenues and profit amid a backdrop of "substantially" higher mortgage rates.
Read moreJPMorgan downgrades Persimmon, reiterates cautious stance on housebuilders
4th Jul 2023 09:57
(Sharecast News) - JPMorgan Cazenove downgraded Persimmon on Tuesday as it reiterated its cautious stance on the UK housebuilding sector.
Read moreUBS ups ratings on Crest Nicholson, Persimmon and Vistry
12th Jun 2023 12:22
(Sharecast News) - UBS has upgraded Crest Nicholson, Persimmon and Vistry Group in its latest review of UK housebuilders.
Read moreSector movers: Homebuilders pace losses after core CPI surprise
24th May 2023 17:07
(Sharecast News) - Homebuilders were at the bottom of the pile on Wednesday following the release of data showing an unexpected acceleration in core consumer prices.
Read moreTaylor Wimpey backs FY guidance as it points to recovery in demand
27th Apr 2023 07:31
(Sharecast News) - Housebuilder Taylor Wimpey backed its full-year guidance on Thursday as it pointed to a continued recovery in demand from the low levels experienced towards the end of last year.
Read moreJPMorgan remains 'cautious' of UK housebuilders
18th Apr 2023 09:23
(Sharecast News) - Analysts at JPMorgan said on Tuesday that they were still "cautious" of the UK housebuilding sector despite it outperforming the market year-to-date.
Read moreHSBC upgrades housebuilders, says market downturn more than priced in
13th Apr 2023 08:11
(Sharecast News) - HSBC upgraded its stance on a host of housebuilders on Thursday as it argued that a downturn in the housing market and tepid recovery in return on invested capital are more than priced in to the shares.
Read moreTaylor Wimpey flags weaker sales
2nd Mar 2023 07:01
(Sharecast News) - Taylor Wimpey warned on Thursday completions were likely to fall this year, the latest housebuilder to see higher mortgage rates and the cost-of-living crisis knock buyer confidence.
Read moreLiberum downgrades Taylor Wimpey on valuation grounds
6th Feb 2023 10:46
(Sharecast News) - Liberum downgraded Taylor Wimpey on Monday as it took a look at the UK housebuilding sector.
Read moreTaylor Wimpey sees FY profit in line with market views, cautious over outlook
13th Jan 2023 07:47
(Sharecast News) - Taylor Wimpey said on Friday that full-year operating profit was set to be in line with market views and that it was looking to cut costs, as it cautioned that sales remain "significantly" below the third quarter of last year amid rising mortgage rates and ongoing market uncertainty.
Read moreTaylor Wimpey chair Irene Dorner to step down
16th Dec 2022 07:02
(Sharecast News) - Housebuilder Taylor Wimpey said on Friday that chair Irene Dorner will be stepping down for personal family reasons at the conclusion of the 2023 annual general meeting in April.
Read moreJPMorgan downgrades Taylor Wimpey, Redrow
14th Dec 2022 10:30
(Sharecast News) - JPMorgan Cazenove downgraded Taylor Wimpey and Redrow on Wednesday as it took a look at housebuilders.
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