Company
Cairn Homes plc
LON:CRN
Led by an experienced housebuilding team, Cairn builds high quality new homes with an emphasis on design, innovation and customer service.
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FTSE 100 closes at highest level since August 2018
At the close, the FTSE 100 had hit a nearly four-year high of 7,725 points for a gain of 0.3% on the day
Cairn Homes pledges significant shareholder returns amid spike in sales
The Irish home builder expects revenue of more than €600mln and gross margin of 21.5% for the full year
Cairn Homes resumes dividends as profits double in first half
The Dublin-headquartered group completed 403 sales in the first half of the year, compared to 207 in the same period last year
Cairn Homes operates at 80% of pre-pandemic levels
The closed and current forward sales pipeline has grown to 970 new homes as of Monday from 863 in May
FTSE 100 closes lower after European Central Bank strikes downbeat note
"Brutal cuts from the ECB as GDP growth for 2019 is cut from 1.7% to 1.1%. With this in mind, it seems like any possible interest rate raises are all but completely ruled out until likely 2021," declared Jordan Hiscott, the chief trader at
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Insurers Aviva and Admiral in Thursday’s results spotlight
Results from Aviva, Admiral, Greggs and Premier Oil are all in the diary for Thursday.
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Insurance will be the corporate key in coming week, though US jobs data should be biggest draw
The Week Ahead brings updates from the likes of Aviva, Direct Line, L&G and Admiral, while investors can also bet on Paddy Power Betfair and GVC Holdings
FTSE 100 closes in red as BoE governor Carney could stay on and WPP plunges
Economists at ING said the August manufacturing data suggests “US business is weathering the protectionist storm for now"
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WPP reports half-year results in wake of chief executive appointment
The day ahead includes interims from WPP, full year earnings from Redrow and a trading update from DS Smith
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Housebuilders to be in focus as Autumn kicks off with a welter of sector updates
Aside from the housebuilders, the week head will also see updates from advertising giant WPP, electricals retailer Dixons Carphone, and transport operator Go-Ahead Group
FTSE 100 closes 30 points ahead as Dow Jones turns negative
The UK premier index added 0.43% on the day, while FTSE 250 added over 123 points at 19,690.
Investments and investor services
Ashtead set for Hurricanes and tax cuts boost
Ashtead Group and JustEat are expected to be among the highlight names in Tuesday's agenda.
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Investors set to tuck into tasty results from Domino's Pizza and Just Eat
The week ahead sees earnings from Domino's Pizza, Just Eat, Restaurant Group, Legal & General, G4S, Rolls-Royce, Ashtead and Immarsat
Redrow and Cairn Homes under the cosh as founders reduce stakes in the housebuilders
Redrow's chairman and Bridgemere Securities have sold a 7% interest while three founders of Cairn Homes will offload a 2.1% stake
FTSE 100 closes in red as Wall Street tumbles
The FTSE 100 closed lower as one analyst reckoned the market was earlier just supported by short covering.
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Latest update from Halfords cycles into view, with Redrow full-year numbers also eyed
Day ahead includes trading updates from retailer Halfords Group PLC and packaging firm DS Smith PLC, plus full-year results from housebuilder Redrow PLC
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Barrage of builders to update in week ahead with Brexit concerns remaining key
Week ahead includes updates from a raft of housebuilders, including Barratt Developments, Berkeley Group and Bovis Homes, plus trading news from Halfords Group, and the latest European Central Bank Council meeting
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