Redrow Shares News & Articles

Why the mixed reactions to the departures of top executives at Redrow and Persimmon?

In the housebuilding sector, there are two high profile departures today following the announced retirement of Redrow (RDW) founder and executive chairman Steve Morgan and Persimmon (PSN) chief executive Jeff Fairburn. A recent furore and intense media attention over Fairburn’s generous bonus of £75m, cut from £100m, resulted in his ‘mutually agreed’ exit. Managing director David ...

Market report: WPP growth slump shows scale of job for new boss, DS Smith and Redrow upbeat

Shares in the world's biggest advertising agency WPP (WPP) plunge more than 7% to £11.88 in early trade on Tuesday, heading the FTSE 100 loser board, after posting lower revenues in its first half results. The group, which confirmed Mark Read as its new chief executive yesterday, also raised its sales expectations for the full year, not that investors are giving it much credit for doing ...
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