British Land sees first half NAV drop as high street downturn hits retail portfolio
Chief executive Chris Griggs said Britsh Land remains "alert to potential uncertainties as the Brexit process unfolds"
Company
LON:BLND
The British Land Company (British Land) manages, owns, finances and develops commercial property. Its focus is on the retail and office sectors.
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Chief executive Chris Griggs said Britsh Land remains "alert to potential uncertainties as the Brexit process unfolds"
The UK blue-chip index closed down 19.97 at 7,033, while FTSE 250 shed over 75 points at 18,910
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Aside from the latest consumer price index data, the Day Ahead will also bring updates from the likes of British Land, SSE, Cobham, Smiths Group, and flyBe
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The week ahead includes trading updates from Bovis Homes and Taylor Wimpey, full year results from McCarthy & Stone, interims from Royal Mail, Vodafone and Premier Foods along with a batch of UK data
Barclays' analysts concluded: “We do not know how deep the rabbit hole goes but the retail asset market is experiencing asymmetric downside risk"
The UK blue - chip index finished down 99.8 points at 7,318, while FTSE 250 was also lower
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The Footsie closed down nearly 92 points at 7,418, while the other major European benchmarks were also lower.
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DFS and Electrocomponents are set to be among Thursday's highlights.
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The week ahead includes Tesco interims, full-year earnings from DFS Furniture and Ferguson, an Electrocomponents trading update and the US non-farm payrolls report
The FTSE 250 real estate group reported net rental income in the first half had risen 1.6% to £80.6mln, however pre-tax profit for the period was down to £134mln from £145.8mln
In a statement ahead of its annual general meeting, the FTSE 100 real estate group said it retained a strong financial position with its loan-to-value ratio reduced to 26%
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Aside from Royal Mail, the day ahead will also include updates from the likes of broadband and telecoms firm TalkTalk, cheese producer Dairy Crest, and housebuilder Galliford Try
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The week ahead includes updates from Royal Mail, Unilever, Sports Direct, Rio Tinto and Anglo American along with official UK data on jobs, inflation and retail sales
FTSE 250 closed also lower - just shy of 160 points lower at 20,684, while FTSE small cap market shed around 25 points
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The oil sector dominates the corporate news agenda on Thursday but it is also difficult to get away from matters pertaining to the World Cup
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Aside from Whitbread, updates are also due in the week ahead from cruises operator Carnival, packaging firm Bunzl, struggling floorings retailer Carpetright, and pubs operator Greene King
The UK's premier index added over 25 points at 7,712, with resource stocks taking up four of the top five positions.
For the year to the end of March, the FTSE 100-listed firm posted a pre-tax profit of £501mln, up from £195mln a year earlier, as revenue increased to £639mln from £589mln
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FTSE 100 closed at a new all time high on Thursday, up 0.70% to 7,787
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As Moya Greene's last set of Royal Mail results are released analysts expect the attention will be on guidance for 2019.
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Week ahead includes updates from drugs giant AstraZeneca, mobile phones operator Vodafone Group, British Gas-owner Centrica, and postal delivery firm Royal Mail Group
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The day ahead includes the outcome of Melrose's hostile takeover bid for GKN and trading updates from SSE and RPC
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The week ahead includes trading updates from Pennon, United Utilities and SSE, along with interims from DFS Furniture and full year results from Moss Bros and AG Barr
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FTSE 100 closed down 121 points at 7,042, joining other European benchmarks, which saw red
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If you happen to work for a FTSE 100 company, your boss has already earned more in the past two-and-a-half days then the average UK employee will this year
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Unless some market acquaintance has been forgot … there’s little of note in the schedule for Thursday.
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Week ahead still looking very quiet, but trading update from clothing retailer Next PLC and the December US non-farm payrolls will provide excitement
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The FTSE 100 closed the day higher, as the weak pound helped, while other European indices lagged
Footsie closed over 20 points higher at 7,348, benefitting as usual from the weaker pound.
Work on One Triton Square is set to begin in March after digital communications group Dentsu Aegis agreed to take the majority of the 366,000 sq ft office space when it is finished
The latest ONS data showed that retail sales grew 0.3% in October - ahead of the 0.1% economists had expected - which has boosted the blue chip retailers
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Royal Mail reports on Thursday and investors will be waiting to see how the mail group is coping with the competition.
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House builders and telcos will provide some of the weeks highlights.
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Week ahead to include first half results from supermarkets giant Tesco PLC, an update from high bakery chain Greggs PLC (LON:GRG), and the latest US jobs data
The German bank also raised its target price for the FTSE 100-listed firm to 660p from 590p, with the stock trading at 609.5p, up 1.8% or 10.5p on Friday’s closing price
The blue chip index closed out almost 36 points higher at 7,413
Analyst Stephen Bramley-Jackson has downgraded the property developer to ‘hold’ and lowered his price target too
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FTSE 100 had a bumpy ride on the day and closed almost 14 points down at 7,390...
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Day ahead: Updates from Royal Mail, Rio Tinto; UK June inflation numbers ...
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Week Ahead: Unilever PLC, Vodafone PLC, easyJet PLC, Sports Direct PLC, Royal Mail Group PLC ...
The blue chip FTSE 100 index closed 28 points down at 7,449
A look at some of the biggest London-listed risers and fallers today
Concerns over "the Donald" appear to be easing, and investors took the opportunity to return to equity markets
The UK blue chip index closed down 18.56 points at 7,503
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Wednesday preview: Competition is hotting up in the pub grub sector for Mitchells & Butlers, while London house prices and lettings fees are cooling for Foxtons.
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Week ahead: Royal Mail, Burberry, SSE, Mitchells and Butlers, easyJet ...
Woodford Investment Management said it sees Lloyds as a "well managed bank" with the ability to pay a "very healthy and growing" level of dividend
An otherwise storming quarter that saw the Footsie rise 180 points ended on a dull note
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FTSE 100 stocks closed higher on Friday, offered a leg up by surprisingly strong US non-farm payrolls number and financial stocks confident burdensome US regulation was about to get scaled back
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London's FTSE 100 hit reverse gear as the pound recovered a little of its mojo
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In the words of Roy Wood, Royal Mail wishes it could be Christmas every day
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Among the big retail names reporting are Burberry, Halfords and Pets at Home.
FTSE 100 shares marked a fresh record high on Wednesday and small-caps scaled their highest in nearly three years, as investors, traders and mining stocks were in a more festive mood than their counterparts on Wall Street
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FTSE 100 stocks ended higher on Thursday thanks to miners and the construction sector, while the laggards included venerable British names Royal Mail and Rolls Royce
FTSE 100 stocks dropped on Wednesday, dragged lower by housebuilders and building materials firms, as investors absorbed a poor trading statement from Barratt Developments. But RBS may have more bad news in the morning
Another day, another house builder reporting on living the life of Riley in this prolonged low interest rate environment
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UK stocks ended higher on Tuesday but off their day’s best as speculation mounted over a December US rate hike
Elsewhere, Crest Nicholson, Barratt Developments, easyJet, Vodafone, TalkTalk and others will all report to the market in one form or another
Oil & gas and mining stocks have survived the 'Brexit' fallout largely unscathed
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Brokers were obviously impressed with yesterday’s rally in the mining sector as both Credit Suisse and Jefferies upgraded
British Land is tipped to report a hit from the UK vote to leave the EU
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Property investment firms continue to struggle in these post-Brexit markets and airlines are struggling too
The FTSE 100 index closed firmer on Tuesday, after a choppy session, as the latest opinion polls showed Remain-Brexit support on a knife-edge ahead of Thursday’s referendum
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The polls are tight and much can still happen before Thursday’s EU vote, in the meantime equities are expected to show some volatility.
Small-caps outperformed the FTSE 100 Index, which was seven points adrift at lunchtime
Africa-focused stocks were to be found at opposite ends of the greasy pole
A light hearted look at shareholder perks that are available. Great news for beer swilling clothes horses in need of a telephone line rental.
Consumer price inflation (CPI) stayed steady at -0.1% last month
The Footsie climbed 90.15 points to 6236 while France's CAC-40 gained 84 points
Following a strong lead from Wall Street, UK stocks are set to add to yesterday's gains.
Paddy Power looks set to update on the Betfair merger, as well as current trading
Poundland and the Royal Mail grab the corporate headlines but the Fed will also dominate the news
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The super-majors are the energy stocks to have, says Deutsche Bank, but Falcon Oil & Gas's Aussie drilling results show there is still a place for a well-chosen minnow.
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The super-majors are the energy stocks to have, says Deutsche Bank, but Falcon Oil & Gas's Aussie drilling results show there is still a place for a well-chosen minnow.
Shell, Randgold, N Brown, Wood Group and British Land were in Monday’s broker spotlight
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Property companies feature heavily this week, but the man in the street may be more interested in an update from consumer goods giant Unilever, maker of the mighty/manky Marmite.
Shell, BG, and Astrazeneca are among the blue-chips under Thursday's broker spotlight
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Despite expectations that the US will open higher, London's leading stocks have shifted into reverse
US shares moved higher as investors look to the Fed statement