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Pin to quick picksTaylor Wimpey Share News (TW.)

Share Price Information for Taylor Wimpey (TW.)

London Stock Exchange
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Share Price: 133.85
Bid: 133.70
Ask: 133.80
Change: 1.65 (1.25%)
Spread: 0.10 (0.075%)
Open: 133.45
High: 133.85
Low: 132.25
Prev. Close: 132.20
TW. Live PriceLast checked at -

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London midday: Battering for blue chips

Tue, 16th Nov 2010 12:16

Footsie is deep in the mire after the late swoon on Wall Street last night and concerns over the health of the entire eurozone.Miners have tanked with metals prices, while banks are still edgy over the sovereign debt situation in Ireland. Kazakhymys, Fresnillo, Xstrata, Anglo American and Antofagasta are the big fallers in the mining sector, while among banks Lloyds Banking and Standard Chartered are bearing the brunt. It's another hefty day for company results. Profits soared at luxury fashion label Burberry in the six months to 30 September as sales of non-clothing items such as handbags jumped and the company extended its reach in emerging markets such as China and Brazil. Adjusted revenues (stripping out Burberry's discontinued Spanish business) were up by 21% from the same period the previous year to £641m. Adjusted pre-tax profits soared by 49% to £129m.Packaging group Rexam is enjoying a rare spell in the spotlight, sitting atop the Footsie leaderboard. The company is trading on track in both beverage cans and plastics, with cost savings coming through as planned and capacity being added in South America.Chip maker Arm is the top performer after a stunning set of results from German chip group Infineon, where fiscal fourth-quarter earnings rose to €390m from €11m last year as revenue soared 55% to €942m.Big employers looking for swanky new offices in central London have pushed occupancy rates at real estate giant British Land higher during the first half and net asset value is up over 4%. Panmure Gordon reiterated its "buy" recommendation after a "very predictable" yet "positive" set of results, but the market was possibly expecting more and has marked the shares down.Taylor Wimpey has been busy. The housebuilder is fully sold for 2010 and expects full-year profit to be at the top end of expectations, it's got a news finance director and has agreed a revised £950m credit facility with its banks. The squeeze on public sector spending has already affected telecoms group Cable & Wireless Worldwide, with revenues down by 1.6% in the last six months. Turnover came in at £1.12bn, against £1.14bn, in the half-year to September, though the largely-UK focused telecoms group, which demerged from Cable & Wireless Communications in March, lifted pre-tax profits from £22m to £53m. Underlying operating profits rose by 4.4% to £214m.Internet services group TalkTalk reported a 12.4% increase in half year revenue as it reiterated its full year guidance of 6-8% revenue growth. The UK's second biggest broadband company said pre-tax profit increased to £70m for the 6 months to 30 September 2010 compared to £68m the same time a year before.A strong recovery in advertising helped bring about a sharp rise in revenues at broadcaster ITV in the third quarter, though growth in ad sales are seen slowing in the fourth quarter. Group revenues climbed by 11% from the same period last year to £1.456bn, with advertising revenues climbing by 16%. Ad revenues are currently forecast to be up by 10% in the fourth quarter. No-frills airline easyJet said full year profit surged nearly threefold on rising consumer demand and cheaper fuel. The group also announced it would pay its first dividend in 2012.Shareholders in pubs groups Enterprise Inns and Punch Taverns might be forgiven for heading out for a stiff drink later today as both shares are sharply lower.Enterprise slipped back into the red last year but says its trading steadied sufficiently in the last six months that a dividend is a possibility in the future. But this was a major disappointment to some, with at least one broker was optimistically suggesting the divi could be restored with the current set of results. The debt-laden group, which owns over 6,800 pubs, posted a pre-tax loss of £31m in the year to September, against an £11m profit last time. Net debt at the year-end was £3.3bn compared to £3.7bn at the beginning of the financial year.Punch, meanwhile, is to part company with its finance director, Phil Dutton. He will step down from the board next month and leave the group in March.Sales have continued rising and margins have been maintained since JD Sports Fashion's last update in September, the trendy sportswear retailer said today.Premier Oil, yesterday's hot stock on talk the Koreans are lining up a bid, is on course to meet full-year production targets, though bad weather has held up further exploration in the potentially lucrative North Sea Catcher field.Another bid stock in the oil sector, oil field services provider Wellstream, continues to trade in line with expectations, although there's no more news on any takeover.Price comparison website Moneysupermarket.com said trading in the first few weeks of the fourth quarter has been strong with revenues still more than 10% ahead of the same period last year.Fashion retailer French Connection has seen sales from its own stores fall slightly short of expectations in the 15 weeks to 13 November, but this has been offset by further growth in sales of its clothes to other stores.
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23 Apr 2024 07:31

Taylor Wimpey hails 'good start' to 2024 as market stabilises

(Sharecast News) - UK housebuilder Taylor Wimpey said it has made a solid start to the year with the market continuing to stabilise, with good levels of visitors to selling sites.

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16 Apr 2024 13:45

UK earnings, trading statements calendar - next 7 days

Wednesday 17 April 
Antofagasta PLCTrading Statement
Brooks Macdonald Group PLCTrading Statement
Entain PLCTrading Statement
Hays PLCTrading Statement
Inspecs Group PLCFull Year Results
Liontrust Asset Management PLCTrading Statement
M Winkworth PLCFull Year Results
Menhaden Resource Efficiency PLCFull Year Results
Rio Tinto PLCTrading Statement
Saga PLCFull Year Results
Thursday 18 April 
AJ Bell PLCTrading Statement
BHP Group LtdTrading Statement
Devolver Digital IncFull Year Results
Dunelm Group PLCTrading Statement
easyJet PLCTrading Statement
Foxtons Group PLCTrading Statement
HydrogenOne Capital Growth PLCFull Year Results
Keystone Law Group PLCFull Year Results
LBG Media PLCFull Year Results
Pod Point Group Holdings PLCFull Year Results
Rentokil Initial PLCTrading Statement
Segro PLCTrading Statement
Friday 19 April 
888 Holdings PLCTrading Statement
Man Group PLCTrading Statement
Monday 22 April 
Brave Bison Group PLCFull Year Results
Elixirr International PLCFull Year Results
Frenkel Topping Group PLCFull Year Results
South32 LtdQ3 Results
Ten Lifestyle Group PLCHalf Year Results
Tuesday 23 April 
Alliance Pharma PLCFull Year Results
Alphawave IP Group PLCFull Year Results
Anglo American PLCTrading Statement
ASA International Group PLCFull Year Results
Associated British Foods PLCHalf Year Results
Eleco PLCFull Year Results
GB Group PLCTrading Statement
Jupiter Fund Management PLCTrading Statement
Maintel Holdings PLCFull Year Results
Property Franchise Group PLCFull Year Results
Taylor Wimpey PLCTrading Statement
tinyBuild IncFull Year Results
Trellus Health PLCFull Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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16 Apr 2024 13:43

UK shareholder meetings calendar - next 7 days

Wednesday 17 April 
Blue Star Capital PLCAGM
Hunting PLCAGM
Thursday 18 April 
Aquis Exchange PLCAGM
FW Thorpe PLCGM re executive share ownership plan
Harmony Energy Income Trust PLCAGM
Polar Capital Global Financials Trust PLCAGM
Segro PLCAGM
Team Internet Group PLCAGM
Friday 19 April 
Murray International Trust PLCAGM
Quantum Exponential Group PLCGM re delisting or potential investment in company
Monday 22 April 
Renalytix PLCGM
Travis Perkins PLCAGM
Tuesday 23 April 
AIQ LtdAGM
NatWest Group PLCAGM
Taylor Wimpey PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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12 Apr 2024 14:45

London close: Stocks mixed as data shows UK GDP growth

(Sharecast News) - London's markets closed with a mixed performance on Friday, as investors digested the latest GDP data suggesting an end to the recession in the UK.

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12 Apr 2024 11:51

LONDON MARKET MIDDAY: February data spurs end of UK recession hopes

(Alliance News) - Stocks in London got a boost on Monday at midday, as investors were optimistic that the UK is heading out of its short lived recession.

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12 Apr 2024 09:55

LONDON BROKER RATINGS: JPMorgan raises Taylor Wimpey, Persimmon

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

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12 Apr 2024 09:11

RBC Capital upgrades Taylor Wimpey, downgrades Berkeley

(Sharecast News) - RBC Capital Markets upgraded Taylor Wimpey on Friday but downgraded Berkeley as it took a look at the two UK housebuilders.

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12 Apr 2024 08:58

LONDON MARKET OPEN: Stocks get boost thanks to growth in UK economy

(Alliance News) - Stock prices in London opened higher on Friday, thanks to new data suggesting the UK economy is out of recession.

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12 Apr 2024 07:43

LONDON BRIEFING: UK economy grows again in February

(Alliance News) - Stocks in London are called to open higher on Friday, as investors digest the fall out of a busy week of interest rate decisions, as well as economic data.

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2 Apr 2024 16:57

LONDON MARKET CLOSE: Europe down after Easter holiday weekend

(Alliance News) - The FTSE 100 took a hit on Tuesday, after a boost from London's miners and oil firms were not enough to lift the index.

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2 Apr 2024 15:22

London close: Stocks turn red on return from Easter break

(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.

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28 Mar 2024 17:37

London stocks round off March quarter with healthy gains

JD Sports climbs as pre-tax profit in line with guidance

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28 Mar 2024 16:08

London close: Stocks finish firmer ahead of Easter break

(Sharecast News) - London's equity markets closed higher on Thursday ahead of the Easter break, despite lingering concerns over the UK's recessionary status in the latter part of last year.

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