United Kingdom | Friday, 25 July 2008

Trading Articles

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1. Severn Trent in line with expectations
Water firm Severn Trent said on Tuesday that its trading had been in line with expectations from 1 April to 22 July.
22 Jul 2008
2. Wolseley profit drops 28%
Building materials firm Wolseley said on Wednesday that its trading profit fell 28 per cent in the 11 months to 30 June. Revenue at the company was up only one per cent in the period.
16 Jul 2008
3. First Group trading in line with expectations
First Group Plc said on Thursday that its trading for the year to date was in line with its expectations.
11 Jul 2008
4. Heywood Williams says H1 "very tough"
Heywood Williams said on Tuesday that trading conditions had been "very tough" in the first six months of 2008. The distributor of building products said that the credit crunch had led to a drop in new build activity of 20-50 per cent in North American and European markets. Around 80 per cent of all the company's activities are in North America and Europe.
08 Jul 2008
5. Balfour Beatty trading strong
Balfour Beatty said on Wednesday that trading in the year to date continued to be strong despite worries of a slowdown in the property market. The construction company said that its confirmed order book was worth £11.8 billion at the end of May, up £400 million since the end of 2007.
02 Jul 2008
6. OFT probes 2 banks after price-fixing raid
Royal Bank of Scotland and Barclays have been raided by the consumer watchdog regarding possible price-fixing in their commercial banking units.
02 Jun 2008
7. HBOS rights issue proceeding as planned
HBOS Plc said that its £4 billion rights issue was proceeding as planned and that current trading was in line with previous guidance. The group, which owns mortgage lender Halifax, said that it would publish a prospectus for its underwritten rights issue later in the month.
02 Jun 2008
8. RBS says trading in line with current guidance
The Royal Bank of Scotland (RBS) has said that its trading is in line with guidance given six weeks ago. The bank said that buy-to-let mortgages represented only one per cent of its UK loan portfolio.
02 Jun 2008
9. EU eyes competition law to cut share trading costs
European Union states may use competition powers to ensure steps taken to cut the cost of cross-border share trading prove effective, an EU document showed on Wednesday.
29 May 2008
10. MJ Gleeson says housing market tough
House-building company MJ Gleeson said on Thursday that achieving financial results in line with current expectations was possible, but that it depended on the company's housing and strategic land divisions meeting their current forecasts.
15 May 2008
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