Reuters UK (Free subscription) | 03/10/2008
LONDON, Oct 3 (Reuters) - Taylor Wimpey Plc announced a further delay in renegotiating its 1.7 billion pound ($3.0 billion) debt burden, raising concerns of a default on its eurobonds and sending its shares as much as 8.7 percent lower.
Red Orbit (Free subscription) | 03/10/2008
By BEN BAILEY THE discovery of a rare plant on the Isle of Rum in the 1940s led scientists to question whether the Ice Age had ever reached the Scottish isles.
Financial Time (Free subscription) | 01/10/2008
Oakdene Homes, the Surrey-based housebuilder, has breached its interest-cover banking covenant with RBS after writing down the value of its land bank by about £7m,...
The Bristol Blogger (Free subscription) | 17/09/2008
What a shame, HBOS is bankrupt (surely ‘well capitalised with a short-term funding problem‘? Ed.) and just as they’ve moved into their brand spanking new corporate HQ on what was Canons Marsh. Now, of course, thanks to Crest Nicholson’s corporate PR branders, we have to call it Harbourside and we’re invited to believe it’s about [...]
Independent.ie - European RSS Feed (Free subscription) | 11/09/2008
BARRATT Developments Plc, the UK's second-biggest homebuilder, posted a second-half loss after writing down the value of its land assets in the midst of the largest housing slump for 25 years.
Boston Globe (Free subscription) | 10/09/2008
Barratt Developments PLC, Britain's second-biggest house builder by volume, reported Wednesday that full-year profits fell by 71 percent as the credit crunch depressed sales in the second half.
Business Wire (Free subscription) | 09/09/2008
RUEIL MALMAISON, France--(BUSINESS WIRE)--Regulatory News:
Reuters UK (Free subscription) | 09/09/2008
LONDON (Reuters) - Housebuilder Taylor Wimpey said on Tuesday it has agreed to sell its Taylor Woodrow construction business to French construction group Vinci for 74 million pounds.
Globe and Mail (Free subscription) | 28/08/2008
Taylor Wimpey PLC, Britain's largest home builder, had a first-half loss of & 1.42-billion ($2.7-billion) after writing down the value of its land holdings and said it remains in talks with lenders to avoid breaching loan terms. Writedowns and goodwill adjustments totalled & 1.51-billion, London-based Taylor Wimpey said yesterday. The company posted a year-earlier profit of & 20.2-million. Taylor Wimpey...
Miami Herald (Free subscription) | 27/08/2008
British homebuilder Taylor Wimpey PLC's shares fell by 12 percent Wednesday morning, after the company reported a huge first-half loss resulting from 1.51 billion pounds ($2.79 billion) worth of write-downs to the value of its assets.
The Independent (Free subscription) | 27/08/2008
Housebuilder Taylor Wimpey said today that first-half underlying profits dived 96 per cent to £4.3m as it wrestled with the housing market downturn.
Boston Globe (Free subscription) | 26/08/2008
British homebuilder Bovis Homes Group PLC said Tuesday that profit for the first half of the year plunged by 83 percent, as banks reined in mortgage lending amid the credit crunch.
Turkish daily news (Free subscription) | 22/08/2008
Persimmon PLC, Britain's biggest homebuilder, said yesterday its first half profits plunged 87 percent after banks approved fewer mortgages and Britain suffered a housing crash. Net profit
PR Leap - Recent News Releases (Free subscription) | 13/08/2008
Leading UK housebuilder Crest Nicholson marks a major change in reporting with an integrated sustainability report, combining business review and non-financial reporting in a single forward looking strategy.
Times Online (Free subscription) | 11/08/2008
Crest Nicholson, the housebuilder, is considering asking shareholders, including the HBOS banking group, for additional capital, alongside attempts to restructure the building company's debt.
