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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
9 Jul 10 07:23Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, markets.eu@dowjones.com Contact us in London. +44-20-7842-9464 Markettalk.eu@dowjones.com 0623 GMT [Dow Jones] HSBC initiates coverage of UK house builders. Expects 5% to 35% falls in the share prices of the five UK
9 Jul 10 07:23The 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
8 Jul 10 09:34By 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
6 Jul 10 08:480658 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
5 Jul 10 07:58Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, markets.eu@dowjones.com Contact us in London. +44-20-7842-9464 Markettalk.eu@dowjones.com 0658 GMT [Dow Jones] Credit Suisse adjusts ratings on UK housing stocks in its latest sector note. Brokerage believes buying
5 Jul 10 07:58Alan 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
2 Jul 10 17:17A 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
30 Jun 10 15:56The 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
30 Jun 10 14:15Gains in London are now approaching respectable, buoyed by strong demand for heavy hitters in the pharmaceuticals and energy sectors. Anglo-Swedish drugs giant AstraZeneca is the best performer after it received a favourable US ruling in its battle to keep control of the patents to its best-selling
30 Jun 10 11:58By Hester Plumridge A DOW JONES COLUMN The average U.K. house may be worth almost GBP15,000 more than this time last year, with prices now just 10% below their pre-crisis 2007 peak, but not everyone is convinced by the recovery. Shares of U.K. house-builders are still hovering at mid-2008 lo
28 Jun 10 17:10London's top stocks ended Monday's trading session with modest gains thanks to strong mining stocks. Footsie traded in and out of the blue during the day, largely mirroring the performance of BP's share price. The massive clean-up operation in the Gulf of Mexico continues and has now cost BP $2.65
28 Jun 10 16:24The Footsie has been in retreat since shortly after ten this morning and dipped back into the red over the lunchtime session before limping back into positive territory, helped by the strength of mining stocks. The Footsie's performance largely mirrors that of the share price of oil giant BP, which
28 Jun 10 14:161124 GMT [Dow Jones] Investec Securities remains a buyer of Taylor Wimpey (TW.LN), but thinks the shares could weaken in the short term. The company's 1H update starts off relatively upbeat, but deteriorates in tone, notes Investec. The statement mentions concerns over the Autumn spending review [by
28 Jun 10 12:24Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, markets.eu@dowjones.com Contact us in London. +44-20-7842-9464 Markettalk.eu@dowjones.com 1124 GMT [Dow Jones] Investec Securities remains a buyer of Taylor Wimpey (TW.LN), but thinks the shares could weaken in the
28 Jun 10 12:24
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