The 30 rising dealmaking stars – but only one of them is a woman October 11, 2022 A NEW ranking of London’s ‘rising star’ public market dealmakers includes only one women in its list of the capital’s top 30 youngsters. The list, compiled by financial intelligence firm MergerLinks, is based on the size of deals and their perceived financial complexity. Goldman Sachs’ Cara Pazdon is the only woman on the list. The City has [...]
City investors dump hospitality stocks despite pubs welcoming customers back indoors May 17, 2021 England’s pubs welcomed customers back inside for the first time in months today, but investors in the City of London were less taken by the sector’s future. Worries about a possible spread of the Indian variant of Covid-19 made shareholders sell their pub stocks. Wetherspoon, Marston’s, City Pub Group and Fuller, Smith & Turner were [...]
Doceo Insight – The £81bn jackpot and the investment trusts with the biggest shares July 11, 2022 The number 81 will have different meanings for different people. It might be someone’s age or year of birth. Perhaps the last two digits of a credit card pin. For bus goers in the London area, the number 81 will get you from Slough to Hounslow and back again or, if in Merseyside, from Bootle [...]
Persimmon to pay extra dividend on back of ‘robust’ summer performance November 10, 2020 Housebuilder Persimmon today announced that it would pay an interim dividend of 70p per share in December after fending off the challenges of the coronavirus pandemic. The extra payout comes on top of a 40p per share dividend paid in September, and means that the company will have fully replaced its previously delayed 110p per [...]
Wall Street slips despite better than expected US jobs data March 4, 2021 US stocks opened lower on Thursday as Wall Street reckoned with yesterday’s technology-led selloff, despite new data showing an improved US employment market. The tech-heavy Nasdaq slid 2.4 per cent this afternoon, with carpet company Dixie Group pulling the index down with a 48 per cent drop. Tesla shares extended yesterday’s loss of more than [...]
Persimmon reports ‘robust trading’ and hails UK’s resilient housing market January 13, 2021 Persimmon, the UK’s biggest housebuilder, said the country’s property market had remained “resilient” despite the impact of the coronavirus pandemic. The FTSE 100 firm reported that trading was “robust” in 2020, although revenue and new home competitions dipped due to the closure of the housing market in the first UK-wide lockdown. New home competitions reached [...]
Bovis Homes to beat expectations with record profit for 2019 January 15, 2020 Vistry Group has reported that Bovis Homes is set to beat market expectations to deliver record profit despite political uncertainty putting pressure on prices last year. The housebuilder said this morning that it expects its Bovis operation to report pre-exceptional profit before tax for 2019 to be above an analyst consensus of £181.6m. Read more: [...]
Taylor Wimpey plans to start reopening construction sites next month April 23, 2020 Housebuilder Taylor Wimpey has announced plans to reopen the majority of its construction sites in England and Wales at the start of May. Taylor Wimpey will be the first major housebuilder to reopen sites after weeks of lockdown. The firm said site management teams will return on 4 May, with the first subcontractors returning on [...]
Persimmon’s first-half profit slumps before market rebound August 18, 2020 Housebuilder Persimmon’s pre-tax profit tumbled 42 per cent in the first half of the year, but the company said it had had an “excellent start” to the second half as market sentiment improved. The figures Persimmon’s profit before tax fell 42 per cent to £292.4m in the six months ending 30 June, down from £509.3m [...]
Coronavirus: Herefordshire farm locked down after 73 cases confirmed July 13, 2020 A farm in Herefordshire has been locked down after 73 of its workers tested positive for coronavirus, it was announced yesterday. Public Health England and Herefordshire council said that up to 200 employees at the farm had been asked to self-isolate due to the outbreak at vegetable producers AS Green and Co. Workers at the [...]