Short sellers burned as housing scheme lifts most-bet-against stocks
Seven of the UK's 20 most shorted shares are tied to housing, and Monday's rally cost bears dearly
Company
Taylor Wimpey PLC
LON:TW.
Taylor Wimpey plc is a dedicated homebuilding company with operations in the UK, North America, Spain and Gibraltar.
354 stories · page 1 of 4
Archive
FTSE 100 Live: Stocks posts strong gains with AstraZeneca to the fore
At the close, London's blue-chip index was up 53.95 points, 0.7%, at 7,455.67 while the FTSE 250 jumped 191.59 points, 1.1%, at 18,037.85
Builders and building materials
Taylor Wimpey, Persimmon, Barratt tumble as falling asking prices weigh
A profit warning from one sector player added to the sour mood
Archive
FTSE 100 Live: Shares rattled by Fitch cut but BAE flies high
London's blue chips have rallied from lows but remain down heavily
Taylor Wimpey eyes recovering housing sector demand
Taylor Wimpey said demand for UK housing continued to recover in the three months to April
Archive
FTSE 100 closes in on all time high as traders brush aside recession fears
On Friday, Footsie closed around 50 points higher, or 0.64% at 7,844
Builders and building materials
Taylor Wimpey's update “more confident and less alarming” than sector peer, Persimmon
The FTSE 100 listed builder still reported falling sales and increased cancellation rates but maintained full-year guidance for operating profits of around £922mln.
Taylor Wimpey holds full-year guidance despite fall in sales
“While sales rates have been impacted by wider economic uncertainty, we continue to see good levels of customer interest in our homes and a desire to get onto or move up the housing ladder,” Jennie Daly, CEO, commented
Homeowners to get refunds for ground rent doubling leases
Nine companies that bought leases from leading housing developer Taylor Wimpey have agreed to return money
Liz Truss as PM is better for housebuilders, says UBS
UBS believes Truss appears to be in favour of increasing home ownership
Taylor Wimpey up almost 5% after nudging up guidance; here's what the brokers have to say
The punishment to the share price in the year to date looks on the face of it a little unwarranted
Taylor Wimpey lifts profit guidance to upper end of consensus
The housebuilder grew its pre-tax profit in the first half despite a decline in revenue
Archive
FTSE 100 closes just off session highs as US stocks rally; earnings provide the underlying prop
The UK blue-chip index ended 36.57 points, or 0.5% higher at 7,445.68, fractionally below the session peak of 7,445.90 and well above the day’s low of 7,372.71
Taylor Wimpey completes blue-chip housebuilder earnings on Wednesday following 12th month of house price growth
They rose by 0.1% in July, but the market is expected to slow in the coming months as interest rates continue to be hiked
Builders and building materials
Taylor Wimpey concludes blue-chip housebuilder earnings season on Wednesday
It has been a mixed bag for its rivals during recent results
Taylor Wimpey bats off inflation concerns thanks to strong housing demand
The company said it was trading in line with full-year expectations and remained on track to deliver against guidance set out at the time of its 2021 annual results
Housebuilders can recover now cladding costs are known suggests Citi
"Bellway, Taylor Wimpey and Barratt are the best bets for a relative re-rating on a year’s view"
Taylor Wimpey plans £150mln buyback after profits more than double
The housebuilder reiterated its growth targets for 2022 of low-single-digit growth for completions and further progress on improving profit margins
Asking prices for UK homes show highest monthly rise in over 20 years - Rightmove
"... despite rising costs and rising interest rates, the data right now shows demand rising across the whole of Great Britain, with many people determined to move as we head into the spring home-moving season,” said Rightmove's Tim Banniste
Taylor Wimpey hires Jennie Daly as CEO to succeed Pete Redfern
Daly is currently group operations director of Taylor Wimpey, having joined from Redrow in 2014
Taylor Wimpey highlighted by Berenberg in underperforming housebuilding sector
In its latest research note on the sector, Berenberg singled out Taylor Wimpey PLC, which it added to its list of top picks last November when it replaced Bellway on the list.
Taylor Wimpey confident about housing market and coming year
Orders at the end of 2021 were worth £2.55bn with 47% of this year’s planned completions already sold
Packed diary ahead, as Entain, Primark, BHP joined by Netflix, Goldman as US earnings season warms up
Others updating include JD Wetherspoon, Taylor Wimpey, Rio Tinto, AJ Bell and CMC Markets
Builders and building materials
Taylor Wimpey drops rent-doubling contracts after settlement with UK watchdog
The rent-doubling contracts meant homeowners often struggled to sell or obtain a mortgage on their home
Taylor Wimpey chief Pete Redfern to step down after 14 years
Redfern will stay on as CEO until a suitable candidate has been identified
Taylor Wimpey on track to meet full-year forecasts as sales rate remains strong
"Looking ahead, market conditions remain supportive, and with the benefit of our strong land position we are well placed to deliver against our medium term targets," said chief executive Pete Redfern
Builders and building materials
UK house prices rise 0.7% in August but annual growth slows – Halifax
The government's stamp duty holiday ends on 30 September
Taylor Wimpey raises profit target after record first half
The FTSE-100 housebuilder now expects operating profit in 2021 to exceed £820mln
Archive
FTSE 100 ends modestly higher as US stocks retreat after ADP jobs shocker
At the close, the UK blue-chip index was 18.14 points, or 0.3% higher at 7,123.86, below the day’s peak of 7,142.54 but above the session low of 7,105.72
Archive
Legal & General and Taylor Wimpey key results mid-week
Macro events will also be in the diary with PMI data due from the UK and the US as well as the latest set of ADP jobs numbers
Taylor Wimpey concerned over 2025 emissions target
Heat pumps would be less efficient, more expensive and less reliable
Archive
FTSE 100 closes modestly higher, well below day's peak as US stocks drift off their best levels
At the close, the UK blue-chip index was 14.58 points, or 0.2% higher at 7,087.55, above the session low of 7,071.86 but well below the morning peak of 7,120.77
Taylor Wimpey top pick for Credit Suisse among housebuilders
“We also see the cladding and fire safety provisions as taken out of prudence rather than risk.”
Taylor Wimpey says sales and prices rise in healthy housing market
There will be no special dividend in 2021, but the housebuilder will review the position next March
Builders and building materials
Taylor Wimpey and Countryside told to change ground rent contracts or face court action
All terms that the CMA considers to be unfair have to be removed and cannot be used again
Taylor Wimpey resumes dividend and sets aside £125mln for fire safety repairs
Profits in 2020 were down 68% at £264mln but the dividend is restarted
Archive
FTSE 100 closes in green but Wall Street lags as traders lack direction
Supermarket stocks are not getting much love despite what looks like a bumper month for online sales last month
Builders and building materials
Taylor Wimpey upgraded, Barratt downgraded as Jefferies highlights resilience of housing market demand
The broker also retained Persimmon as its top pick in the sector, saying they expected the shares to see “continued upward momentum” into 2021