x
By using this website, you agree to our use of cookies to enhance your experience.
KEYWORD "Profits Warning" - 28 RESULTS
Purplebricks stock downgraded 80% by investment bank

Analysts at Berenberg Bank have sharply reduced their price target for Purplebricks by over 80 per cent from 470p to 80p, accusing...

05 April 2019

From: Breaking News

Online agencies 'will still take 50% market share' claims company chief

An online estate agency insists the online/hybrid sector will take a 50 per cent market share in the future - despite...

01 April 2019

From: Breaking News

Agent comparison website bags £2.2m funding to build on TV backing

GetAgent, the comparison estate agency business, has secured £2.2m in investment from a consortium of investors including Channel 4. The backers are...

14 March 2019

From: Breaking News

Online agency alleged to have told staff they may not be paid

House Network, one of the first ever online estate agencies, is alleged to be considering calling in administrators. Two reliable sources close...

01 March 2019

From: Breaking News

Purplebricks could be bought by High Street agent, says client developer

The chief executive and founder of a developer and property investment group says Purplebricks is “an excellent business” but its recent...

27 February 2019

From: Breaking News

Purplebricks’ problems won’t deter investors, insists rival online agency

Online agency platform Love2move insists that its current bid to attract investors will not be damaged by the adverse publicity surrounding...

25 February 2019

From: Breaking News

Commisery and gloating - industry reaction to Purplebricks share crash

Purplebricks’ eye-watering share price fall yesterday was greeted with widespread satisfaction by property professionals outside the online sector. The agency’s share price...

22 February 2019

From: Breaking News

Countrywide delays publishing figures as search for funds goes on

Countrywide, the troubled estate agency group thought by some to be near collapse, has delayed issuing its interim figures which were...

24 July 2018

From: Breaking News

Doubt over Countrywide rights issue as Purplebricks wins price boost

It’s being suggested that Countrywide’s rights issue, previously expected to be announced this week, may now be delayed. The Times says the...

24 July 2018

From: Breaking News

Countrywide ‘to seek new investment of £100m’

It’s being reported this morning that Countrywide will seek new investment of over £100m, probably in the next few days.  The Sunday...

22 July 2018

From: Breaking News

July - it might just be the industry’s busiest month of the year

So here’s the thing. It’s summer - not much going on, school holidays about to start, industry publications filling out space...

30 June 2018

From: Features

Countrywide share price plummets over 20% to lowest level ever

Countrywide’s share price has taken a massive hit this morning - down well over 20 per cent - following a surprise...

25 June 2018

From: Breaking News

Purplebricks is changing: Which way will it go?

As always seems to be the case with Purplebricks, the hybrid agency has had a good week...and a bad one. Undeniably impressive...

31 March 2018

From: Features

Countrywide's own broker cuts agency’s forecast for 2018 and 2019

Jefferies - the City consultancy which has in the past worked with Countrywide - has cuts its forecasts for the troubled...

09 March 2018

From: Breaking News

Countrywide: share price plunges again as some bonuses scrapped

Alison Platt may have been ousted but Countrywide appears not to be out of the woods yet as its share price...

01 February 2018

From: Breaking News

Stark warning that estate agencies could close in next 12 months

A partner at Carter Jonas says that the next 12 months could see stagnation in the market and as a result...

26 January 2018

From: Breaking News

Countrywide's cruellest cut of all - no more fresh fruit at Oxford Street HQ

The chief executive may have left, the share price may still be languishing around 100p and only days ago the firm...

25 January 2018

From: Breaking News

Platt goes - but Countrywide silent on size of her 'golden goodbye'

There was confirmation this morning, as expected, that Countrywide chief executive Alison Platt has quit - but so far there is no...

24 January 2018

From: Breaking News

Alison Platt leaving Countrywide, staff are told

It is being reported that staff at Countrywide have been told that embattled chief executive Alison Platt is leaving the agency...

23 January 2018

From: Breaking News

Countrywide share price falls to lowest ever level

Shares in troubled agency group Countrywide have fallen to their lowest-ever level of 106.40p in trading this morning. Yesterday shares fell a...

19 January 2018

From: Breaking News

Developer to build fewer homes after 'poor quality' issues

A house builder has set aside £7m to spend on repairs to its own new properties after a series of complaints...

21 February 2017

From: Breaking News

LSL says profits and revenue up but sales 'suppressed' for rest of 2016

LSL Property Services - which owns agency brands including Your Move, Reeds Rains and Marsh & Parsons - has reported strong...

02 August 2016

From: Breaking News

Gloomy Brexit sentiment data released ahead of key Foxtons figures

There has been a gloomy response to the latest Knight Frank measure of house price sentiment - the first of its...

25 July 2016

From: Breaking News

Those dire Brexit housing market warnings - were they just 'Brexcuses'?

An equities analyst has suggested that some of the most extreme warnings of housing market chaos after a Brexit vote came...

08 July 2016

From: Breaking News

Agency and property shares stabilise after early Brexit panic

Agency and other property shares that have been buffetted in the past two trading days have now stabilised - in most...

29 June 2016

From: Breaking News

Foxtons issues profits warning as Brexit jitters continue

Foxtons says the vote to leave the EU means the expected upturn in the housing market in the second half of...

27 June 2016

From: Breaking News

Countrywide upgrades profits forecast - just months after a profits warning

The UK’s largest estate agency group has upgraded its profits forecast to the City - just over 10 weeks after issuing...

21 January 2016

From: Breaking News

Winkworth profits warning puts blame on high-end stamp duty

Higher stamp duty for the most expensive properties and the lack of a post-election bounce are being blamed for a profits...

12 November 2015

From: Breaking News

Zero Deposit Zero Deposit Zero Deposit