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Pensioners, Ofcom and rivals snap away at BT
Week ahead: BT and Talk Talk: ITV, Barratt Developments, Centrica, William HIll and more ...
Company
Persimmon PLC
LON:PSN
Persimmon is a house building company, which has been trading since 1972, and operates under three main brands, Persimmon Homes, Charles Church and Westbury Partnerships.
461 stories · page 4 of 5
Persimmon says its "operational performance continues to be excellent” helped by a resilient UK economy
The firm said its total forward sales revenue, including legal completions taken to date, is currently £2.56bn, around 11% higher £2.31bn seen at the same stage in 2016.
FTSE 100 closes lower as traders mull ECB policy
The FTSE 100 closed at 7,237 as the European Central Bank announced its latest policy decision
FTSE 100 closes in positive territory as traders brush off potential threats
The index of blue-chip shares fell six points to 7,108.53.
JPMorgan Cazenove turns positive on Redrow, Countryside, but neutral on Bovis and Crest Nicholson
The US bank’s analysts upgraded their ratings for both Redrow and Countryside to ‘overweight’ from ‘neutral’, but reversed their stance on Bovis and Crest the other way, down to ‘neutral’
Liberum Capital more cautious on UK housebuilders despite raising forecasts, targets across the sector
The analysts said they have raised earnings per share forecasts for the housebuilders by around 10% for 2017 and 15% for 2018 as its house price inflation forecasts rise to +3% in 2017 and +1% in 2018, reflecting improved UK economic foreca
Builders and building materials
Brexit bloodbath fails to arrive for the UK housebuilders, with Bellway the latest to report robust numbers
With over a 2% rise this morning following its first-half results, Bellway’s shares on the FTSE 250 index now stand above where they were before June’s Brexit vote
FTSE 100 ends higher before Fed rate decision
FTSE 100 shares ended higher on Wednesday, thanks to buoyancy in the pharma and mining sectors while a US rate card was considered in the bag, priced and sold on the market
FTSE 100 stocks endure a refund as supermarket Morrison falls
FTSE 100 stocks bagged a net loss on Thursday after supermarket chain WM Morrison fell on an uncertain outlook
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Day ahead: Morrison's results revival expected; ECB to hold pat on policy
The FTSE 100-listed food retailer reported a 2.9% increase in its like-for-like sales, for the first nine weeks of the fourth quarter - its best performance in seven years.
FTSE stocks mark record highs with Wall St as Trump boosts construction, commodity stocks
FTSE 100 stocks, just like Wall Street, defied soothsayers’ prognoses that investors didn’t much like a threadbare speech to Congress from US President Donald Trump overnight, and pledged their vote to his spending ambitions as record heigh
Persimmon reports growth in full year profits as housing market continues to thrive
The housebuilder's full year results were buoyed by growing house prices and strong demand for new homes
Investments and investor services
FTSE 100 rises as rally in Unilever and Bunzl offset slump in motor insurers
At 3.33pm, the index of blue-chip shares was up just over 14 points at 7,257
Builders and building materials
Taylor Wimpey and Barratt Developments are the pick of the house builders for analysts at Deutsche Bank
The bank provided coverage of the sector in four separate notes previewing results later this month.
FTSE 100 shares close firm thanks to housebuilders
FTSE 100 stocks closed firm on Wednesday as housebuilders helped build on what would have been a flat end
Investments and investor services
FTSE pares gains as sterling rises on rate talk
FTSE 100 stocks pared gains into the Tuesday close after sterling recovered against the US dollar
FTSE 100 shares soft but Randgold and small caps jump
FTSE 100 stocks ended lower with sombre Wall Street shares on Monday although gold miner Randgold Resources was the stand out gainer while small-caps scaled record highs
Selectively breeding the Dogs of the Footsie
The normally reliable investment strategy based on the "Dogs of the Dow" system has had a bad couple of years; what if we tweaked it?
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Selectively breeding the Dogs of the Footsie
The normally reliable investment strategy based on the "Dogs of the Dow" system has had a bad couple of years; what if we tweaked it?
Investments and investor services
FTSE ends lower as 14 days of highs peter out
FTSE 100 index closed down 0.2% at 7,327 on Monday, as the 14-session record high winning streak crashed after shares in banks and oil companies slipped
Persimmon still worth holding, despite Brexit fallout
The firm was top Footsie gainer yesterday after an upbeat set of 2016 results
Persimmon sells more homes at a higher average selling price in 2016 as Brexit worries brushed away
The FTSE 100-listed firm said it sold 15,171 homes during the year at an average selling price of around £206,700, up 4% on the average selling price of £199,127 in 2015.
FTSE 100 stocks hit fresh record before slipping as US stocks turn soft
The FTSE 100 index reached a new peak of 7,211.96 today, exceeding the level it hit on Tuesday, the first session of 2017, and was up 19 points at 7,209 at 3.30pm.
Builders and building materials
Day Ahead - Construction in focus as Persimmon and Costain provide trading updates
FTSE 100-listed Persimmon is expected to continue the trend which has seen firms in the sector provide solid trading figures during 2016 even after June's Brexit vote.
Broker comment weighs on specialty chemicals company Elementis
Elementis shares fell nearly 4% after German bank Berenberg cut its rating to ‘hold’ from ‘buy’, with the downgrade largely made on a valuation basis.
Builders and building materials
Housebuilders in demand as Deutsche Bank sees “appealing value” in the sector
The bank's analysts said they have hiked their price targets across the board, which now “suggest close to 30% upside across the sector as a whole.”
FTSE 100 closes firmer, small-caps mark fresh record high, but retailers drop
FTSE 100 stocks closed firmer on Wednesday but a grim outlook for 2017 from Next plc left retailer shares in the bargain bucket
Sirius Minerals named among the ‘top tips’ for 2017
Here we take a look at the medium and small cap companies included among Fleet Street's top stock market tips for 2017.
Investments and investor services
Week Ahead: Next PLC feeling the chill
Happy New Year, Proactive people! That's 2016 done with; Next!
Archive
William Hill worth a punt after better start to the second half
Also covered. Taylor Wimpey, Amur Minerals, Ascent Resources
Investments and investor services
FTSE 100 rises, led by banks craving higher global rates
FTSE 100 shares ended Monday firmer, as bank stocks gained on the prospect of higher global interest rates
Investments and investor services
FTSE 100 shares end firmer as Clinton seen ahead
FTSE 100 shares ended firmer on Tuesday as a last-minute rush to buy framed a session of cautious optimism in a victory for Hillary Clinton in the US presidential election
Investments and investor services
FTSE 100 stocks sink as US election jitters intensify and sterling surges
FTSE 100 stocks closed sharply lower on Friday – with losers topping 50% of the market for the first time this year - as US election jitters came to a head, non-farm payrolls Stateside did little to bolster global markets, and sterling rose
Margins improve at Persimmon as house buyers ignore Brexit
Brexit? Schmexit! Pricing remains firm across Persimmon’s regional markets
FTSE 100 closes down as StanChart drops again, US poll jitters
London's FTSE 100 closed sharply lower on Wednesday as Standard Chartered topped the losers' list for a second successive session, while markets grew jittery about a possible Donald Trump electoral victory
Just Eat waiting for the weather to turn
Results previews for online food ordering enabler Just Eat and house builder Persimmon
Week Ahead: BP and Shell in clash of the titans
BP & Shell are both issuing interims on Tuesday - about as likely as Taylor Swift and Katy Perry performing a duet together
Builders and building materials
FTSE 100 gains on coat tails of Burberry
FTSE 100 stocks closed higher on Wednesday after fashion house Burberry bounced back
Investments and investor services
FTSE 100 dragged lower by publisher Pearson
FTSE 100 shares were dragged lower by education publisher Pearson on Monday which plunged as much as 11% after it reported falling sales amid "challenging" trading
Investments and investor services
FTSE100 shares flirt with record high close
FTSE 100 shares came within a handful of points of marking a fresh record high close on Monday, but for all the gains of mining stocks the ticker just could not muster the umph to triumph
Archive
UK housebuilding in good shape, suggests Deutsche
An early look at some broker views on Tuesday
FTSE 100 pares losses after banks recover
FTSE 100 shares dug themselves out of a hole to close just softer on Friday after banks recovered from heavy falls on speculative reports that troubled Deutsche Bank's US fine may be reduced
Archive
Brokers: Upgrades all round for housebuilders
UK housebuilders were in favour with the brokers after a survey showed sentiment is strong in the housing industry
FTSE 100 ends unchanged but up on the week
UK stocks zigzagged their way to an unchanged close on Friday, but one which left them 200 points higher than where they began the week
UK shares close lower as oil and bank stocks sink
London shares closed lower on Tuesday after a session where it only briefly rose on the day, thanks to lower oil and bank stocks
London shares end lower but 90 points up in August
London shares ended Wednesday lower but finished the month around 90 points higher
Footsie wilts under weight of miners and US data
The US ADP non-farm employment change figure failed to provide investors with much guidance
FTSE 100 edges into positive territory despite mining woe
The Footsie lifted 7.1 points to 6827.89 in early trading, but the UK-focused FTSE 250 was in the red
Archive
Brexit watch - Leave vote boosts British retailers
A look at some of the Brexit themes in the week just gone
Archive
Brokers: Persimmon looking likely to avoid autumn drop-off
Persimmon's trading update yesterday was received positively by brokers. Also covered: Domino's Pizza; William Hill; access; Arian Silver
London shares rise as miners, housebuilders and Tesco fare well, mid-caps at May 2015 highs
UK shares closed higher on Tuesday, as miners once again outperformed other stocks, along with housebuilders and grocer Tesco, while the FTSE 250 index headed to May 2015 highs
FTSE 100 pushes higher as supermarkets rally
London's blue chip index was 46 points higher at 6,874
Trending: Spending time in the UK
Tourists visiting Britain went on a spending binge last month, with the Japanese visitors proving particularly profligate.
PREVIEW - UK housing market in focus again with Persimmon
The big housbuilder Persimmon reports interim results on Tuesday...
UK shares end lower, led by miners on US Fed rate fears, weaker oil prices
London stocks ended lower on Monday, as miners reflected the unease over what policymakers might say to urge a US rate hike later this week and oil stocks came off with a weaker Brent crude price
FTSE 100 beaten down by miners sell-off
FTSE 100 shed 34 points to 6,824 with miners occupying the bottom seven places.
Investments and investor services
FTSE 100 struggles into the blue despite weak miners
London's blue chip index was down 17 points, as a meeting of central bankers later this week likely to set the tone for world equity markets.
Week Ahead: Persimmon expected to shrug off Brexit fears
Approvals remained ahead of last year in the run-up to the EU membership referendum but what about after it?
London shares hit fresh 14-month highs as brokers say weaker sterling could be good
London blue-chip and mid-cap stocks closed higher on Monday and both indices marked a fresh 14-month high with healthcare equipment, miners, pharma and biotech sectors driving the gains
FTSE 100 hits 52-week high as Shell and BP advance
Leading stocks pushed on over the lunchtime session, helped by the strength of oil stocks as the price of Brent crude rallied
FTSE 100 edges higher as oil gains outweigh mining losses
The FTSE 100 edged higher on the back of little or no corporate news, but the FTSE 250 retreated as Bovis disappointed with its trading update
London top shares hit 14-month highs, mid-caps pre-Brexit levels after Wall St gains on NFP
London’s blue-chip shares advanced to 14-month highs on Friday and mid-caps reclaimed pre-Brexit levels as investors continued to lap up UK monetary easing and built on that with news that Wall Street’s S&P 500 hit a fresh record high after
UK shares end softer as energy stocks lick wounds of regulator’s price cap plan
London shares closed softer on Wednesday after energy stocks absorbed news that regulators plan a price cap – knocking sideways the benefit of a surge in banking stocks
Archive
Brokers: Deutsche downgrades housebuilders
Despite downgrading a whole host of housebuilders on Tuesday, Deutsche Bank said it was still positive about the sector and was merely adjusting its estimates to reflect Brexit uncertainty
Builders and building materials
London stocks gain after buoyant UK data
London’s FTSE100 closed higher on Thursday after a session spent in positive territory from the very beginning, thanks to a clutch of measuredly positive UK data
Investments and investor services
Upbeat economic news buoys FTSE 100 Index
Housebuilders drove the Footsie 73.14 points higher to 6536.73 as house prices surprised on the upside
Investments and investor services
Housebuilders drive FTSE 100 Index higher
Housebuilders were in the money after Halifax reported higher property prices in June
Risers and fallers, including Barratt Developments, Petroneft and Caledonia Mining
A look at some significant share movers on Tuesday. July 5
Fund managers and housing stocks plunge in wake of Standard Life property fund suspension
Investors won’t be able to buy or sell units in the fund until further notice. The managers are looking to raise cash by selling off some of the portfolio.
Investments and investor services
FTSE 100 opens 17 points down
The FTSE 100 didn't get off to a great start this morning.
Persimmon reports strong trading despite EU vote and planning delays
House-builder increased legal completion volumes by 6% to 7,238 new homes in the six months to June 30
PREVIEW: Are Persimmon customers bricking it?
With the possible exception of the banking sector, the housing market has been the big loser since the Brexit vote
Week Ahead: Housebuilders and retailers to face referendum grilling
Reports have suggested the EU referendum result is likely to depress house prices
FTSE 100 closes above Brexit crisis levels
London’s FTSE 100 index on Wednesday closed above “Brexit” crisis levels for the first time since the morning of the In-Out European Union referendum polling last Thursday
FTSE 100 rises back above pre-Brexit levels
As the status quo is unlikely to change in the immediate term, some Brexit worries have been set aside - even if it's just for now.
FTSE 100 trims losses after day of political upheaval
House builders, financials and airline IAG, which issued a profit warning, took an absolute battering today.
FTSE100 pares losses as investors see Brexit opportunity
Britain's premier share index is down 4.49% at the midday point, while other European shares are tanking
Risers and Fallers, including Randgold Resources, Fresnillo. Dalradian Resources, and Proxama
A selection of some risers and fallers on Brexit Day- June 24, 2016
Investments and investor services
BREXIT LIVE: City reaction as Britons choose leave
That's it from us for a very volatile Friday, more Brexit reaction to follow on Monday.
FTSE 100 plunges 5%, Cameron resigns after EU vote
Britain's top share index opened almost 7% lower before making up some ground after a historic EU referendum vote and as PM David Cameron told the nation he will resign.
London stocks edge higher ahead of EU Referendum Judgement Day
London’s stocks edged higher on Wednesday after a see-saw session one day ahead of polling in a historic referendum on the country’s future relations with the European Union
FTSE 100 advances in face of EU referendum uncertainty
Remain held in a narrow lead in the polls, but Brexit risk remains.
Trending: G4S under scrutiny again after Orlando shooting
Shares in the security firm slumped this morning after it emerged that the gunman responsible for the shooting in Orlando was one of its employees.
Risers and fallers: Central Rand Gold, Goals Soccer, eServGlobal...
Main share price risers and fallers in London at 3.30pm
Miners drive the Footsie higher
it was a bad day for sterling, but a good day for equities, especially mining shares
Investments and investor services
Deutsche Bank downgrades Standard Chartered
Deutsche analyst David Lock said Tuesday’s share price rally was not justified by the bank’s revenue outlook or forecasts through to 2018 – Weir Group Plc, Cobham Plc and the UK house builders were also in the broker spotlight.
Downbeat US housing news fails to depress UK homebuilders
Top-flight stocks fall but property shares, Grainger in particular, build momentum
Investments and investor services
Risers & Fallers: Alecto Minerals, Atalaya Mining, KEFI Minerals, Premaitha Health, Persimmon, Scapa
House builder Persimmon slides after griping about planning delays in an otherwise upbeat trading update
PREVIEW: Will JD Sports reveal another outperformance?
Positive indications from Nike, Adidas and other sportswear firms suggest another good set of results are on the way from trainer and premium leisurewear retailer JD Sports.
Week ahead - ASOS, Ergomed and Optibiotix Health among AIM stocks reporting
There's a flurry of interesting small cap firms reporting this week, alongside AIM internet retail biggie ASOS....
Archive
FTSE 100's late rally wipes out most of day's losses
It was almost back to square one for the Footsie, with miners leading the rally
Archive
UBS ups rating on builder Persimmon
Swiss broker UBS is upbeat on house builder Persimmon (LON:PSN) and extends its rating to 'buy' from 'neutral'.
Archive
FTSE 100 closes lower on data and Brexit jitters
Footsie continued lower on Wednesday as there were jitters about a possible Brexit and UK retail figures disappointed...
London shares extend losses as UK-EU exit fears weigh
The Footsie fell 85 points as business leaders queued up to urge the British public to vote to stay in the EU
Investments and investor services
Lower oil prices and UK-EU exit fears spark Footsie fall
Markets and the pound fell on fresh warnings about a UK exit from the EU