LONDON BROKER RATINGS: RBC likes Bellway, Redrow among housebuilders
26th Sep 2023 09:23
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning: Read More
(Alliance News) - Stock prices in London closed higher on Wednesday, as investors end the day on a more positive note with a lower UK inflation reading, as well as an expected pause from the US Federal Reserve. Read More
(Alliance News) - The FTSE 100 was boosted by retailers and housebuilders midday Wednesday, as investors celebrated UK inflation easing to an 18-month low in a development that takes some pressure off the Bank of England. Read More
(Alliance News) - Stock prices in London opened higher on Wednesday, as news that UK inflation fell to an 18-month low quashed nerves ahead of the US Federal Reserve rate announcement, with the Bank of England's to follow on Thursday. Read More
(Alliance News) - The FTSE 100 ended in the green on Monday, lifted by a rally among mining stocks after data over the weekend provided some positive news for China's troubled economy. Read More
(Alliance News) - Vistry Group PLC shares soared on Monday after it announced an "exciting" restructuring plan, which analysts believe will diversify the company from other housebuilders. Read More
(Alliance News) - London's FTSE 100 was higher at midday Monday, amid optimism towards China which helped boost mining stocks, and ahead of a busy week of economic data and monetary policy decisions. Read More
(Alliance News) - Vistry Group PLC shares soared on Monday after it delivered a strong performance despite challenging market conditions in the first half year and announced an "exciting" restructuring plan. Read More
(Correcting the day of the week in the opening sentence, and the closing percentages for US equities.) Read More
(Alliance News) - The FTSE 100 in London opened higher on Friday, thanks to miners rising on the back of some hopeful data that China's economy is improving. Read More
(Alliance News) - Stocks in London are called higher on Monday, ahead of a busy week of interest rate decisions and economic data. Read More
Vistry Group PLC - Kent-based housebuilder - Via subsidiary Countryside Partnerships, Vistry is selected as delivery partner for two housing schemes in England totalling 1,500 homes. Milton Keynes Council selects Vistry for GBP275 million development of 930 homes in the Newport Pagnell area of Milton Keynes. Half will be affordable housing. Vistry also will do the design and enabling works for 575 homes in Southall, west London, of which 174 will be affordable homes and the remaining 401 rental homes owned and operated by fellow FTSE 250 member Grainger PLC. The London contract value is about GBP145 million. Read More
Vistry Group PLC - Notes 45% of shareholders at its general meeting vote against the approval of revised policy, alongside 45% against approving the ammendments to the revised policy. Says ahead of the meeting, the board and the remuneration committee "consulted extensively" with shareholders on proposed revised directors' remuneration policy, which it says was designed "following the significant enlargement of the business and to incentivise the creation of shareholder value over the long-term". Adds: "The board is grateful to shareholders for their engagement and acknowledges that through the engagement process shareholders expressed different perspectives. The company remains committed to ongoing shareholder engagement and will continue to do so to ensure that the company understands shareholders' views and is able to consider feedback, as well as to provide clarity on the company's approach to remuneration going forward." Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning: Read More
(Alliance News) - Vistry Group PLC on Thursday said its performance for the first half of the year was in line with its expectations, but housebuilding performance was hurt by higher mortgage costs. Read More
(Alliance New) - Barratt Developments PLC shares dropped on Thursday morning in London, and other housebuilders followed suit, as analysts questioned whether housebuilders would be able to tackle higher interest rates in the UK. Read More