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Rightmove


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UK property portal Rightmove flags pressure from fall in new homes

UPDATE 1-UK property portal Rightmove flags pressure from fall in new homes Adds CFO comment in paragraph 7, outlook in paragraph 8 By Aby Jose Koilparambil July 26 (Reuters) - Rightmove RMV.L , Britain's largest property portal, reported a 1% rise in half-year profit on Friday and said revenue from new homes will be pressured by falling development numbers, with no recovery expected in the second half of the year.
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UK property portal Rightmove flags revenue hit from new home sales

UK property portal Rightmove flags revenue hit from new home sales By Aby Jose Koilparambil July 26 (Reuters) - Rightmove RMV.L , Britain's largest property portal, reported a 1% rise in interim profit on Friday but warned of a decline in new homes revenue due to falling development numbers, with no recovery expected in the second half of the year.
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UK's Rightmove climbs on first-half results

BUZZ-UK's Rightmove climbs on first-half results ** Shares of Rightmove RMV.L up 2% at 579.6p; among top gainers on the FTSE 100 .FTSE index which is up 0.4% ** Posts H1 revenue up 7% to 192.1 million pounds ($247.2 mln) ** Maintains 7%-9% revenue growth outlook for FY 2024 ** "With the election now concluded, the property market looks forward to p
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Rightmove Reiterates Full-Year 2024 Guidance

BRIEF-Rightmove Reiterates Full-Year 2024 Guidance July 26 (Reuters) - Rightmove PLC RMV.L : REITERATING FULL-YEAR 2024 GUIDANCE CONTINUE TO EXPECT REVENUE GROWTH OF 7-9% FOR FULL YEAR 2024 Source text for Eikon: ID:nRSZ9208Xa Further company coverage: RMV.L
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UK Stocks-Factors to watch on July 26

UK Stocks-Factors to watch on July 26 July 26 - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.4%. * OIL: Oil prices were up slightly on stronger-than-expected U.S. economic data that raised investor expectations for increasing crude oil demand from the world's largest energy consumer. * GOLD: Gold was on track for a weekly loss , even as prices firmed ahead of a key U.S.
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UK corporate earnings week ahead

DIARY-UK corporate earnings week ahead July 19 (Reuters) - Diary of U.K (.FTSE) corporate earnings for the week ahead UK EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 24-Jul-2024 NTS UTG.L Unite Group PLC Half Year 2024 Unite Group PLC Earnings Release 24-Jul-2024 BMO INF.L Informa PLC Half Year 2024 Informa PLC Earnings Release 24-Jul-2024 06:00 EZJ.L Easyjet PLC Q3 2024 Easyjet PLC Earnings Release 24-Jul-2024 06:00 RKT.L Reckitt Benckiser Group PLC Half Year 2024 Reckitt Be
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UK Stocks-Factors to watch on July 15

UPDATE 1-UK Stocks-Factors to watch on July 15 Adds new items, updates futures July 15 - Britain's FTSE 100 .FTSE index is seen opening lower on Monday, with futures FFIc1 down 0.4%. * BURBERRY: British luxury group Burberry BRBY.L named former Michael Kors boss Joshua Schulman as its new chief executive , as it warned on profit and scrapped its dividend payment for this year.
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UK Stocks-Factors to watch on July 15

UK Stocks-Factors to watch on July 15 July 15 - Britain's FTSE 100 .FTSE index is seen opening lower on Monday, with futures FFIc1 down 0.24%. * RIO TINTO: Rio Tinto RIO.AX , RIO.L said it has agreed to develop an 80 megawatt (MW) solar farm to facilitate the supply of renewable energy to its operations in Western Australia's Pilbara region. * INTEREST RATES: Bank of England interest rate-setter Swati Dhingra said inflation in Britain was unlikely to rise sharply again and the central bank shoul
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Palm oil opens lower ahead of cargo surveyor data

VEGOILS-Palm oil opens lower ahead of cargo surveyor data KUALA LUMPUR, July 15 (Reuters) - Malaysian palm oil futures opened lower on Monday, mirroring weakness in rival Dalian and Chicago oils, while traders awaited export estimates from cargo surveyors for the July 1-15 period. The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange slid 13 ringgit, or 0.33%, to 3,902 ringgit ($835.01) a metric ton in early trade.
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Gold eases as dollar firms, investors seek more cues on Fed's rate path

PRECIOUS-Gold eases as dollar firms, investors seek more cues on Fed's rate path July 15 (Reuters) - Gold prices inched down on Monday as the dollar held firm, while investors looked towards comments from Federal Reserve officials and economic data for further cues on U.S. interest rate path. FUNDAMENTALS * Spot gold XAU= was down 0.2% at $2,407.29 per ounce, as of 0049 GMT.
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Wheat drops to 3-month low on supply pressure; corn, soybeans ease

GRAINS-Wheat drops to 3-month low on supply pressure; corn, soybeans ease SINGAPORE, July 15 (Reuters) - Chicago wheat futures lost more ground on Monday, with prices dropping to their lowest levels in three months, as pressure from freshly harvested crops in the United States and Russia dragged down the market. Corn prices fell amid expectations of higher U.S.
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Asking prices for UK homes fall as buyers await BoE rate cut, Rightmove says

Asking prices for UK homes fall as buyers await BoE rate cut, Rightmove says By Andy Bruce July 15 (Reuters) - Asking prices for British homes coming to the market fell this month, with signs that some buyers are waiting for the Bank of England to cut interest rates, a survey from property website Rightmove showed on Monday. The company said the average asking price was 373,493 pounds ($484,943) for property put on sale between June 9 to July 6, 0.4% less than a month earlier .
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UK Stocks-Factors to watch on June 17

UPDATE 1-UK Stocks-Factors to watch on June 17 Updates futures, Adds news items June 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0 .4%. * KINGFISHER: Kingfisher Plc KGF.L on Monday named Bhavesh Mistry as its new finance chief and said current CFO Bernard Bot will retire and leave the company no earlier than January 2025. * ASTRAZENECA: AstraZeneca's AZN.L blockbuster cancer drug Imfinzi combined with chemotherapy has been approved in the
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UK Stocks-Factors to watch on June 17

UK Stocks-Factors to watch on June 17 June 17 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.44%. * MANUFACTURERS: Britain's manufacturers want the next government to deliver a formal industrial strategy and forge closer trade ties with the European Union , according to a survey published by the sector's own trade body.
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Gold inches lower as firmer bond yields dent appeal

PRECIOUS-Gold inches lower as firmer bond yields dent appeal June 17 (Reuters) - Gold prices edged lower on Monday, weighed down by higher U.S. Treasury yields, as market participants looked out for more economic data to gauge when the Federal Reserve will start cutting its interest rates. FUNDAMENTALS * Spot gold XAU= was down 0.3% at $2,326.78 per ounce, as of 0126 GMT.
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Wheat drops nearly 1.5% on harvest pressure; corn, soybeans fall

GRAINS-Wheat drops nearly 1.5% on harvest pressure; corn, soybeans fall SINGAPORE, June 17 (Reuters) - Chicago wheat futures slid about 1.5% on Monday to their lowest levels in six weeks, as pressure from rapidly advancing winter crop harvest in the United States added pressure on prices. Corn lost nearly 1%, while soybeans were down 0.4%, with focus on the weather in the U.S.
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Asking prices for UK houses stagnate in June, Rightmove says

Asking prices for UK houses stagnate in June, Rightmove says By Andy Bruce June 17 (Reuters) - Asking prices for British homes coming to the market were flat this month, adding to signs of a recent cooling off in the housing market upswing, a survey from property market website Rightmove showed on Monday. The company said the average asking price was 375,110 pounds ($475,827) for property put on sale between May 12 and June 8 , down 21 pounds from a month earlier and statistically a flat reading
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UK housebuilders bemoan lack of new election housing pledges

UK housebuilders bemoan lack of new election housing pledges By Aby Jose Koilparambil June 13 (Reuters) - Britain's housebuilders are disappointed with what they see as a lack of radical measures to tackle the country's housing shortage in the election manifestoes of both major parties, industry executives said on Thursday. At its manifesto launch, the Labour Party confirmed its plans to build 1.5 million new homes, just short of the 1.6 million homes over the next five years promised to voters
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British Business - June 6

PRESS DIGEST-British Business - June 6 June 6 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Three British oil and gas companies, namely Jersey Oil and Gas JOG.L , Serica Energy SQZ.L and Neo Energy, have delayed a decision on a new development in the North Sea amid uncertainty over whether a potential UK Labour government would impose more punitive windfall taxes
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UK's M&S taps Rightmove's Alison Dolan as finance chief

UPDATE 2-UK's M&S taps Rightmove's Alison Dolan as finance chief Dolan will succeed interim CFO Jeremy Townsend Townsend will remain in role until May 2025 Dolan's starting date to be decided in due course Adds share movement in paragraph 3, details on Dolan in paragraph 7 May 29 (Reuters) - Marks & Spencer (M&S) MKS.L said on Wednesday it has appointed Alison Dolan as its chief financial officer, days after the British retailer smashed profit forecasts and announced its first yearly dividend si
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