UK 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 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 moreUPDATE: Carpetright Eyes House Builders, Insurers Sales Boost
29th Jun 2010 11:32
(Adds executive comment, detail.) By Hannah Benjamin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Carpet and floorings retailer Carpetright PLC (CPR.LN) Tuesday said its full fiscal-year sales rose 7% on the year, partly due to new partnerships with insurers and house builders, which it ho
Read moreStobart sells shares in family company
23rd Jun 2010 16:59
William Stobart sold 750,000 shares in transport group Stobart Group just in time to take advantage of the old capital gains tax regime. The sale at 145p a share raised £1.09m for Stobart, who is chief operating officer of Stobert Group. This disposal will attract capital gains tax at the rate of
Read moreFTSE 250 movers: Housebuilders and retailers buoyant
22nd Jun 2010 15:23
The lower than feared rise in CGT was good news for housebuilders, which were also heartened that an immediate rise in CGT means there won't be a rush to sell houses as homeowners seek to take advantage of the current rate. Barratt, Persimmon, Taylor Wimpey and Redrow are among the stocks posting g
Read moreLondon afternoon: Market takes tax hikes on chin
22nd Jun 2010 14:17
Footsie is still in the red after chancellor George Osborne's first Budget, which contained a huge raft of tax and benefit changes, most of which will raise revenue for the government. VAT is going up from 17.5% to 20%, capital gains tax is rising to a flat rate of 28% while the banks and building
Read moreCity unfazed by Osborne's tax rises
22nd Jun 2010 13:51
The City has reacted positively to Chancellor George Osborne's first budget, which included a series of tax rises but emphasised cutting spending rather than raising revenues. 'The coalition government believes that the bulk of the reduction must come from lower spending rather than higher taxes,'
Read moreMARKET TALK: Budget Critical To Fortunes Of House Builders
18th Jun 2010 14:04
1304 GMT [Dow Jones] The emergency UK budget on Tuesday will be critical to the fortunes of the UK housing market says Royal Bank of Scotland. Says the sector will be mindful of spending cuts versus tax revenue-raising initiatives. However, thinks the impact of this budget could be limited as the ne
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
11th Jun 2010 10:41
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] 0941 GMT [Dow Jones] UK housebuilders offer good value and their shares should perform better once the government's budget is
Read moreMARKET TALK: UK Housebuilders Should Improve After The Budget
11th Jun 2010 10:41
0941 GMT [Dow Jones] UK housebuilders offer good value and their shares should perform better once the government's budget is out of the way, says Liberum Capital. Adds that sector underperformance has been driven by risk aversion. Says the budget on June 22 is almost certain to include an increase
Read moreThursday's tips round-up: Imperial Innovations, Barratt, Autonomy
10th Jun 2010 07:42
Imperial Innovations is starting to make strong gains on exits from its portfolio, selling Thiakis, the developer of an anti-obesity drug, to America's Wyeth and, last week, disposing of Respivert, the maker of a respiratory treatment, to an offshoot of Johnson & Johnson. At 474½p, tuck away. The I
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
9th Jun 2010 09:04
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0804 GMT [Dow Jones] Investec upgrades Barratt Developments (BDEV.LN) and Persimmon (PSN.LN) to buy from hold, keeping the
Read moreMARKET TALK: Investec Upgrades Barratt, Persimmon To Buy
9th Jun 2010 09:04
0804 GMT [Dow Jones] Investec upgrades Barratt Developments (BDEV.LN) and Persimmon (PSN.LN) to buy from hold, keeping the price targets at 110p and 414p, respectively. Is now a buyer of all the leading house builders. Still has short-term concerns about the market post-election but says they look "
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