BEST OF THE BROKERS February 15, 2011 CENTRICA JP Morgan Cazenove rates the utility “overweight” with a target price of 390p. The broker thinks an ongoing Ofgem supply review is unlikely to lead to a Competition Commission referral, and that the market has not priced in a formal investigation. JPM expects to see a carbon tax of £1 per tonne in the [...]
Property prices rise 0.3 per cent January 16, 2011 A drop in the number of new homes coming onto the market helped property asking prices rise in January for the first time in three months, according to property website Rightmove. However January’s 0.3 per cent rise was tiny in comparison with the declines seen in the final two months of last year. Asking prices [...]
Property prices rise 0.3 per cent January 16, 2011 A drop in the number of new homes coming onto the market helped property asking prices rise in January for the first time in three months, according to property website Rightmove. However January’s 0.3 per cent rise was tiny in comparison with the declines seen in the final two months of last year. Asking prices [...]
Property prices fall 3pc December 13, 2010 ASKING prices for homes in England and Wales have fallen three per cent over the past month to stand just 0.4 per cent higher than a year ago, due to economic uncertainty and low mortgage approvals, according to property website Rightmove. December’s fall follows a 3.2 per cent decline in November, with further drops possible [...]
Property prices fall 3pc December 13, 2010 ASKING prices for homes in England and Wales have fallen three per cent over the past month to stand just 0.4 per cent higher than a year ago, due to economic uncertainty and low mortgage approvals, according to property website Rightmove. December’s fall follows a 3.2 per cent decline in November, with further drops possible [...]
Mid morning wrapup January 17, 2011 Oil giant BP saw its shares rise by two per cent this morning as its deal with Russian company Rosneft for arctic exploration boosted the stock. Analysts said the tie-up with state-controlled Rosneft opened up massive reserves in the arctic, a region they said was believed to contain one fifth of the world’s undiscovered oil. [...]
THE WEEK AHEAD January 16, 2011 COMPANY NEWS ● Several large American technology companies will report their results after UK trading hours on Tuesday, including Apple, IBM and Western Digital. ● As will remaining British retailers, including the fashion group Burberry and Carphone Warehouse. ● The budget pub chain JD Wetherspoon will release a trading update on Wednesday, as will bookmaker William [...]
Spring gives Rightmove a boost May 5, 2010 Rightmove said it has attracted a record number of visitors to its property site following a pre-summer bounce in the UK house market. The website enjoyed its busiest month ever during March, while site traffic set a new record on 6 April, the first working day after Easter. Rightmove also claimed its market share among [...]
New buyers gain in slump November 8, 2010 A SLOWDOWN in the housing market could tempt first-time buyers to take their first step onto the property ladder over the coming year, new research has shown. Around 26 per cent of people who intend to buy a home will be doing so for the first time, up from a low of 22 per cent [...]
Real estate pessimism takes hold October 24, 2010 More home-movers believe house prices will drop in the next year than those who believe they will go up, according to a survey due out today. Rightmove’s quarterly consumer confidence survey, which polls more than 25,000 home-movers, shows the pessimists outnumber the optimists for the first time since the survey began. A year ago, those [...]