Archive
Lloyds to post weaker profits as PPI claims deadline looms
The day ahead includes interims from Lloyds and Taylor Wimpey along with the Federal Reserve's latest policy decision
Company
LON:TW.
Taylor Wimpey plc is a dedicated homebuilding company with operations in the UK, North America, Spain and Gibraltar.
353 stories · page 7 of 18
Archive
The day ahead includes interims from Lloyds and Taylor Wimpey along with the Federal Reserve's latest policy decision
“Given the attractive yields on offer, the question of sustainability becomes more hazy the further out you look”
Builders and building materials
A survey of surveyors showed interest among house buyers rose for the first time in more than two and a half years
Investments and investor services
The mid-cap FTSE 250 added over 147 points to close at 19,462 on Friday
Archive
Footsie closed up 39 at 7,259, while mid-cap cousin FTSE 250 went the other direction, shedding over six points to close at 19,065
Archive
Investors look forward to a strategy update from Aviva's new boss, meanwhile, they are braced for CMC Markets results after the recent profit warning.
Grace Jones' Slave to the Rhythm might well have been about the pressure of a progressive dividend policy: 'Build on up, don't break the chain; Sparks will fly when the whistle blows'
Builders and building materials
The housebuilder has made “good progress” on driving margin improvements, while it has also managed to keep a lid on costs, something its peer Taylor Wimpey recently said it had struggled with
Archive
Thursday's preview includes BT Group, Superdry, Morrisons, Barratt Developments, and RSA Insurance.
The FTSE 250 transport group said Ryan Mangold would take up the CFO position, filling the vacancy left by Matthew Gregory who was promoted to chief executive last year
"Previous commentary from the sector and the forecast consensus has been too bullish," says Shore Capital analyst, Robin Hardy
The housebuilder has kept its full-year guidance on hold though, with record sales rates offsetting the squeeze on margins
Archive
The FTSE 100 index closed 37.62 points, or 0.5% lower at 7,434.13, albeit above the session low of 7,405.99 as US stocks continued to post big falls on Thursday
Archive
Aside from Barclays numbers, the Day Ahead will also bring updates from the likes of Taylor Wimpey and RELX, plus the final CMA decision on the planned Sainsbury's/Asda merger
Investments and investor services
Mid-cap cousin FTSE 250 was also lower, shedding around 56 points at 19,507
Archive
Away from the ex-divs, Saga, Electrocomponents and EntertainmentOne are all due to come to the market with trading updates or results
A raft of broker upgrades, some Brexit cheer and the strong performance of one of the sector's minor players helped boost sentiment
Archive
The FTSE 250 though, seen as a better indicator of the state of UK companies, closed down around 41 points at 19,347.
Taylor Wimpey's order book stood at 8,304 units as at the end of 2018, up from 7,136 a year earlier
The UK's blue chip index closed down nearly 44 points at 7,107. Meanwhile, mid-cap cousin FTSE 250 fell more than 116 at 19,513