|Bid||1,280.00 x 3000|
|Ask||1,380.00 x 27700|
|Day's range||1,331.00 - 1,353.00|
|52-week range||1,134.72 - 1,592.00|
|PE ratio (TTM)||9.55|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||N/A|
European shares reversed early gains to turn lower on Tuesday as heavy losses among defensive consumer staples and real estate stocks outweighed strength in autos, miners and banks. The pan-European STOXX ...
British housebuilder Galliford Try (Stuttgart: 0GF.SG - news) , which pulled out of a 1.2 billion pound ($1.5 billion) attempt to buy rival Bovis in April, said it expects full-year profit to come in at the top end of analysts' forecasts. Galliford said that it saw a strong performance across all of its businesses, with revenue growth accelerating in the second half at its Linden Homes division. "As we enter the new financial year, we are cautious about the impact of the current political uncertainty following the general election and the medium-term outlook for the macro economy," Galliford cautioned.
British housebuilder Galliford Try on Wednesday pulled out of a 1.2 billion pound ($1.5 billion) attempt to buy rival Bovis after the two failed to agree on price, leaving Bovis to pursue a turnaround under a new chief executive. Bovis, whose previous chief quit in January after a profit warning resulting from a failure to build enough homes on time, named former Galliford chief Greg Fitzgerald as CEO and said it could deliver more for shareholders as an independent company.
No FTSE 100 companies will go ex-dividend on Thursday, although several mid-caps will go ex-div, after which investors will no longer qualify for the latest dividend payout. Among FTSE 250 companies going ...
Bovis Homes (Frankfurt: 911164 - news) is in takeover talks with Galliford Try (Stuttgart: 0GF.SG - news) after rejecting approaches from its rival and another housebuilder, Redrow (LSE: RDW.L - news) . A tie-up between Galliford and Bovis would see the country's 6th and 8th-biggest housebuilders by home completions combine at a time when Bovis is attempting to overcome a series of challenges. Its problems were seen as making Bovis potentially more attractive for takeover but it said on Sunday that it had dismissed the opening salvos from Galliford and Redrow on value grounds.
Shares in British homebuilder Bovis jumped around 8 percent on Monday after it said it was in talks with rival Galliford Try about a possible takeover. Bovis shares hit their highest level since September ...
Britain's housing market is too dependent on large homebuilders, housing minister Gavin Barwell said on Sunday, speaking ahead of the launch of the government's latest attempt to fix a chronic shortage of new homes. The government has previously said it wanted to build a million homes between 2015 and 2020 but, even with plans to incentivise developers and build 17 new towns and villages, it is behind schedule. "We desperately need more homes and we're too dependent at the moment on a small number of large developers and we need to look at all the things that we can do to get more people involved in building new housing," Barwell told the BBC.