Barratt Developments Shares News & Articles

Margin surprise lifts Barratt Developments’ shares despite gloomy property market data

Shares in Barratt Developments (BDEV) tick up 0.3% to 587.6p as investors balance a steer for a slight beat of 2019 guidance with more gloomy data on the UK housing market. Barratt says its outlook for the year is ‘modestly ahead’ of its previous expectations amid a strong start to the year driven by ‘good’ customer demand and amid stronger than expected margins. This bucks the trend ...

Market report: Brexit frustration and dividends drag on UK markets, while WH Smith profits fail to inspire

UK stocks are in modest decline in early trade on Thursday as investors come to terms with the can being kicked down the road again on a Brexit outcome following last night’s extension to the end of October. Many businesses may be breathing a sigh of relief at a possible side-stepping of a more draconian deal. Travel stocks are certainly leading the charge, with budget airline EasyJet ...

Market report: Housebuilders gain on Galliford update, Dunelm lifted by strong like-for-likes

UK stocks head higher in tune with European markets on Wednesday, the FTSE 100 adding 0.3% to 7,157 to close in on recent highs, although traders have one eye on the pound after the consumer price index dropped below 2% for the first time in a year. Leading the gainers is packaging firm DS Smith (SMDS) with shares up 4% to 349p following strong results from rival Smurfitt Kappa (SKG) which is ...

Barratt Developments raises shareholder returns with extension of special dividends

Shares in the UK’s biggest housebuilder Barratt Developments (BDEV) continue their recent run of good form adding 3% to 565p on today’s first half update. Total revenues were up 7% in the six months to the end of December to £2.1bn driven by a 4% increase in completions and a small increase in the average selling price. Shareholders are also celebrating the extension of Barratt's ...

Market report: BHP Billiton is down but WIlliam Hill and Barratt on the ascent

The FTSE 100 is down 35 points to 7,422 not aided by a poor showing from the mining sector. There is also continued trepidation over the US' trade talks with Canada which are not buoying the markets. Mining giant BHP Billiton (BLT) is down 1.3% to £16.13 after buying a 6.1% stake in Solgold (SOLG). This move is the latest tit-for-tat exchange BHP is having with Newcrest Mining for control over ...
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