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Gleeson (M J) Group Shares News & Articles

Winners and losers among housebuilder, portal and estate agent shares as housing market is defrosted

The housing market is emerging from hibernation but as investors in directly related sectors like housebuilders and estate agents count the cost of lockdown they have seen a significant divergence in share price performance. There are a number of factors behind these disparities. A look at the table of year-to-date performance suggests that financial strength has been a clear dividing line but ...

Market report: Fosun bid buoys Thomas Cook, Ferguson falls on quarterly sales miss

London’s FTSE 100 firms 43 points to 7,375 early on Monday as strong export data out of China and the reaching of a deal between the US and Mexico providing relief to markets rattled by President Donald Trump’s aggressive trade bargaining. Hard-pressed holidays company Thomas Cook (TCG) sparks up 23% to 19.8p as it confirms talks are underway with its largest shareholder, the Chinese group ...

Market report: Reckitt Benckiser 2017 results fall flat and AstraZeneca secures approval for key drug

The FTSE 100 is struggling for direction early on, up a handful of points just short of the 7,300 mark, despite strong trading in Asia overnight. Consumer goods business Reckitt Benckiser (RB.) falls 3.8% to £63.20 as like-for-like sales for 2017 come in flat and margins come in just below consensus. The company, which owns brands such as Cillit Bang and Clearasil is guiding for growth of ...
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