Wed, 06th Mar 2019 13:39
Jan 22 (Reuters) - Bovis Homes Group Plc investor Schroder Investment Management has written to Berkeley Group Holdings Plc, urging the London builder to consider an all-share merger with its smaller rival, the Sunday Times reported. Housebuilder Redrow Plc is monitoring the situation after
Read more(ShareCast News) - Theresa May will on Monday reveal her '10 pillars' industrial strategy that will aim to boost sector productivity. The Sunday Times said the Prime Minister's long-awaited green paper includes measures to improve skills, boost scientific research, and increasing spending on broadba
Read more(Fixes grammar in headline) * David Ritchie leaves in wake of profit warning * Builder failed to complete planned number of homes in 2016 * Finance director appointed interim CEO LONDON, Jan 9 (Reuters) - Bovis Homes said its chief executive David Ritchie had quit just day
Read more(ShareCast News) - FTSE 250 housebuilder Bovis Homes said on Monday that its chief executive, David Ritchie, will step down from the company with immediate effect but will stay on until February to help with the transition process. Bovis, which posted three profit warnings under Ritchie's watch, has
Read moreLONDON, Jan 9 (Reuters) - British housebuilder Bovis Homes said its chief executive David Ritchie had stepped down with immediate effect, days after it warned on profit because it failed to complete the number of homes it expected at the end of 2016. The company said on Monday it had appoi
Read more(ShareCast News) - RBC Capital Markets upgraded Royal Dutch Shell to 'outperform' from 'sector perform', keeping the price target at 2,500p. The bank said the recent OPEC and non-OPEC supply deals have put the oil market on a much firmer footing, removing some of its tail-risk concerns for the oil g
Read more(ShareCast News) - British American Tobacco: UBS reiterates hold with a target price of 5150p. Bovis: Jefferies reiterates hold, 886p target. Royal Dutch Shell: RBC upgrades to outperform with a 2500p target. Imperial Brands: Berenberg reiterates buy with a 4280p target. Barratt Developments: Deu
Read more(ShareCast News) - Deutsche Bank has highlighted the "significant" value in the UK housebuilders sector, singling out Taylor Wimpey as its top pick and upgrading McCarthy & Stone onto its 'buy' list. Noting that investor appetite for UK focused stocks has subsided in light of risks around Brexit, De
Read more(ShareCast News) - Jefferies downgraded British housebuilder Bovis Homes to 'hold' from 'buy' and lowered its price target to 886p from 1,110p. Bovis has been unable to cope with an increase in the demand for houses falling short on the number of homes it hoped to deliver by year end, with 180 homes
Read more* Prices rise 4.5 pct y/y, faster than expected * Nationwide says house price growth to slow in 2017 * Shortage of new homes expected to underpin prices (Adds reaction, detail) LONDON, Dec 29 (Reuters) - British house prices rose faster than expected in December, but the pace
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