Investors' Chronicle

Housebuilders, PZ Cussons and the future of British American Tobacco: The Companies and Markets Show


Listen Later

We start this week’s show with property writer Mitchell Labiak, who delves into the details of the big takeover story of the week – the £2.5bn Barratt (BDEV) and Redrow (RDW) deal. The team weighs in on how sensible the move is, the two companies’ recent results and whether this could be the beginning of a swathe of housebuilder M&A activity.


It’s then on to healthcare company PZ Cussons (PZC) whose shares slumped after weaker-than-expected results. Christopher Akers examines the company’s decision to cut its dividend and rein in its profit forecasts, and what can be done to resolve issues in Nigeria. Chris also reports on British American Tobacco (BATS), assessing the headwinds facing the company, the announcement it may cut its stake in India’s ITC, and the prospect of share buybacks.


Last but not least, Mark Robinson and Julian Hofmann discuss Virgin Money’s recent trading update. The pair explore what the figures can tell us about the business, its view of the wider UK economy, and the credit provisions the company has been taking.


Barratt reports plunge in profits – but Redrow deal could make it stronger


Redrow – earnings down as Barratt comes calling

 

PZ Cussons shares dive after dividend cut


British American Tobacco ponders ITC divestment


Hosted on Acast. See acast.com/privacy for more information.

...more
View all episodesView all episodes
Download on the App Store

Investors' ChronicleBy Investors' Chronicle

  • 3.7
  • 3.7
  • 3.7
  • 3.7
  • 3.7

3.7

7 ratings


More shows like Investors' Chronicle

View all
History of Westeros (Game of Thrones) by History of Westeros

History of Westeros (Game of Thrones)

1,230 Listeners

Wake Up to Money by BBC Radio 5 Live

Wake Up to Money

56 Listeners

Money Clinic with Claer Barrett by Financial Times

Money Clinic with Claer Barrett

51 Listeners

Money Box by BBC Radio 4

Money Box

42 Listeners

Another Mother Runner by Another Mother Runner

Another Mother Runner

1,337 Listeners

Babbage from The Economist by The Economist

Babbage from The Economist

581 Listeners

This is Money Podcast by This is Money

This is Money Podcast

43 Listeners

The Meaningful Money Personal Finance Podcast by Pete Matthew

The Meaningful Money Personal Finance Podcast

92 Listeners

The Square Ball: Leeds United Podcast by The Square Ball

The Square Ball: Leeds United Podcast

260 Listeners

The Anfield Index Podcast by AnfieldIndex.com

The Anfield Index Podcast

107 Listeners

The Money To The Masses Podcast by Damien Fahy

The Money To The Masses Podcast

12 Listeners

THE ADAM BUXTON PODCAST by ADAM BUXTON

THE ADAM BUXTON PODCAST

1,232 Listeners

Uncomfortable Conversations with Josh Szeps by Josh Szeps

Uncomfortable Conversations with Josh Szeps

843 Listeners

The New Statesman: politics and culture by The New Statesman

The New Statesman: politics and culture

153 Listeners

The ArsenalVision Podcast - Arsenal FC by ArsenalVision Podcast LLC

The ArsenalVision Podcast - Arsenal FC

1,021 Listeners

Rule The Roost - A Tottenham Hotspur Podcast by Jack Hussey

Rule The Roost - A Tottenham Hotspur Podcast

106 Listeners

Money Makers by Jonathan Davis

Money Makers

9 Listeners

The Personal Investor by Fidelity International

The Personal Investor

15 Listeners

AJ Bell Money & Markets by AJ Bell

AJ Bell Money & Markets

11 Listeners

Which? by Which?

Which?

12 Listeners

On The Money by interactive investor

On The Money

5 Listeners

Switch Your Money On by Hargreaves Lansdown

Switch Your Money On

4 Listeners

Merryn Talks Money by Bloomberg

Merryn Talks Money

53 Listeners

Unhedged by Financial Times & Pushkin Industries

Unhedged

172 Listeners

Many Happy Returns by PensionCraft

Many Happy Returns

35 Listeners