Story provided by StockMarketWire.com Homeowners can socialise as much or as little as they wish, with a variety of events from coffee mornings to jazz evenings, there is something for everyone. Broker Forecasts data... Barclays Capital today reaffirms its underweight investment rating on McCarthy Stone Plc (LON:MCS) and raised its price target to 125p (from 93p). McCarthy & Stone shareholders say yes to £647m takeover bid for the retirement home builder from private equity firm Lone Star. MCCARTHY & STONE PLC : News, information and stories for MCCARTHY & STONE PLC | London Stock Exchange: MCS | London Stock Exchange The markets were stuck in the doldrums on Thursday amid reports an embattled Donald Trump is about to make a rumoured wave of $200bn tariffs on Chinese imports official. Providing housing across all tenures, the tie-up aims to address the diverse needs of England’s growing ageing population. Pre-tax profit for the year through August fell to £58.1m,... Retirement home developer McCarthy & Stone said it would hold its 2018 dividend steady, as it also announced the results of a sweeping strategic review to combat tough trading conditions. Glencore shed 1.4% to 307.6p and Antofagasta retreated 1.1% to... Retirement housebuilder McCarthy & Stone reported sales are expected to be approximately £670m (2017: £661m) supported by a 10% increase in average selling price to c.£300,000 (2017: £273,000)... Deutsche Bank today reaffirms its buy investment rating on McCarthy Stone Plc (LON:MCS) and raised its price target to 168p (from 165p). McCarthy & Stone Plc (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: No (e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure 17 December 2020 He will take the role with immediate effect. Broker Forecasts data... Barclays Capital today reaffirms its underweight investment rating on McCarthy Stone Plc (LON:MCS) and raised its price target to 93p (from 92p). At 12:00, the benchmark... UK stocks opened modestly higher on Tuesday as hopes of an economic revival sparked by an easing Covid-19 lockdowns were tempered by persistent rioting in the US. She would be replaced by Martin Abell, who... Deutsche Bank today reaffirms its buy investment rating on McCarthy Stone Plc (LON:MCS) and cut its price target to 90p (from 170p). It is delightful to read of your smooth stress-free move, your choice of Augustus House and that you are immensely enjoying your new life with McCarthy & Stone. McCarthy & Stone PLC . Story provided by StockMarketWire.com Retirement home builder McCarthy & Stone has revealed a £40m a year cost-cutting drive as its new boss looks to turn around the firm's fortunes. Plans for a new sheltered housing development on the site of the former Ipswich Star and East Anglian Daily Times offices in Lower Brook Street have been dropped after McCarthy & Stone … McCarthy and Stone Opens Three New Regional Offices; McCarthy and Stones 2019 fundraising efforts hit 200000 for chosen charity Coram Beanstalk; Mccarthy Stone Becomes The Only Housebuilder To Achieve Five Star Status Thirteen Years In A Row; Mccarthy Stone raises over 250000 for royal voluntary service; Mccarthy Stone welcomes new report by mps Global markets tumbled after US president Donald Trump threatened to impose a 10% tariff on an extra $200bn of Chinese goods. The Group buys land and then builds, sells and manages high-quality retirement developments. These cookies allow us to understand how people use our website and where they came from, so that we can measure and improve the performance of our website, as well as to remember your preferences. It is also the largest provider of new Extra Care developments in the UK. John McCarthy has left a very entertaining account of the business model of McCarthy and Stone in his self-published biography, Building a billion. John Tonkiss confirmed as Chief Executive Officer of McCarthy & Stone. The information used by McCarthy Stone can give you a more personalised experience on our site. Pre-tax profit for the 14... Deutsche Bank today upgrades its investment rating on McCarthy Stone Plc (LON:MCS) to buy (from hold) and raised its price target to 154p (from 137p). Story provided by StockMarketWire.com Broker Forecasts data provided... Deutsche Bank today reaffirms its buy investment rating on McCarthy Stone Plc (LON:MCS) and cut its price target to 165p (from 189p). Retirement home builder McCarthy & Stone said trading had remained resilient despite subdued market conditions, though it expected its profits to be more heavily weighted to the second half... McCarthy & Stone confirmed that Paul Lester joined the board today as its new chairman. You can use this 'Manage settings' feature to switch on or off certain types of cookies, although some cookies are necessary for our site to work correctly. Story provided by StockMarketWire.com McCarthy & Stone said that since 2010 it has run its own management service on new sites and no longer sells the freeholds to other parties. McCarthy & Stone, a developer and retirement communities... Berenberg today reaffirms its hold investment rating on McCarthy Stone Plc (LON:MCS) and raised its price target to 150p (from 120p). McCarthy & Stone confirms new chairman appointment. Broker Forecasts data... Peel Hunt today reaffirms its buy investment rating on McCarthy Stone Plc (LON:MCS) and cut its price target to 155p (from 160p). Rowan Baker, Executive Director, bought 6,552 shares in the company on the 14th November 2017 at a price of 151.47p. Broker Forecasts data provided by... UBS today reaffirms its sell investment rating on McCarthy Stone Plc (LON:MCS) and raised its price target to 132p (from 125p). McCarthy & Stone continues on its journey to champion older people with the launch of a new Charitable Foundation 17 Nov 2020 McCarthy & Stone, the UK’s leading developer and manager of retirement communities, has today announced the launch of the McCarthy & Stone Foundation as the organisation continues to celebrate, champion and defend the role of older people. Story provided by StockMarketWire.com The firm said revenue for the calendar year will be down 79% at just £197m. During this period it delivered 2,300 completions. McCarthy and Stone and a media firestorm in 1991 McCarthy and Stone gives Peverel the push at 25 retirement sites McCarthy and Stone proud of 35 years of ‘fairness and respect’ We need ten new Manchesters to house elderly, says McCarthy and Stone. Broker... Deutsche Bank today initiates coverage of McCarthy Stone Plc (LON:MCS) with a hold investment rating and price target of 137p. Broker Forecasts data... Barclays Capital today reaffirms its underweight investment rating on McCarthy Stone Plc (LON:MCS) and cut its price target to 124p (from 125p). Broker... Peel Hunt today reaffirms its buy investment rating on McCarthy Stone Plc (LON:MCS) and raised its price target to 180p (from 155p). Examples of this include setting your privacy preferences or filling in forms. Story provided by... Rowan Baker, Executive Director, bought 7,341 shares in the company on the 21st February 2018 at a price of 135.20p. At 0824, the benchmark FTSE 100... Retirement home group McCarthy & Stone said it had agreed to be acquired by a fund managed by private equity group Lone Star for around £630 million. The FTSE 100 fell 0.3% to 7,603. Shares in McCarthy & Stone, which has properties across Scotland, jumped on the announcement to 117p - above the share offer of 115p per share. RNS Number : 3622B . Glencore shed 1.4% to 307.6p and Antofagasta retreated 1% to 788.4p. Story provided by StockMarketWire.com When we use the information from these cookies it is grouped together and therefore anonymous. Story provided by StockMarketWire.com Story provided by StockMarketWire.com 07 October 2020 . The Director now holds 130 shares representing 0.00% of the shares in issue. Though these cookies cannot be switched off, you can set your browser to block or alert you about them, but please be aware that this will stop some parts of the website from functioning as intended. Broker Forecasts data... Numis today reaffirms its hold investment rating on McCarthy Stone Plc (LON:MCS) and set its price target at 135p. 16/12/2020 The company posted revenues of £101.1m, down by … Story provided by StockMarketWire.com Story provided by StockMarketWire.com The owners of McCarthy and Stone have voted for a plan which would see the company taken over by a US private equity firm. Financial News Articles for Mccarthy & Stone Plc Ord 8P updated throughout the day. They provide an opportunity for investors to learn more about companies on the stock market and hear from a range of investment experts including fund managers and Shares journalists. Broker Forecasts data... Peel Hunt today reaffirms its buy investment rating on McCarthy Stone Plc (LON:MCS) and cut its price target to 135p (from 170p). Broker Forecasts data... Retirement home developer McCarthy & Stone booked a 37% drop in annual profit as higher costs more than offset a rise in revenue. Strictly necessary cookies. Story provided by StockMarketWire.com McCarthy & Stone … The owners of McCarthy and Stone have voted for a plan which would see the company taken over by a US private equity firm.The listed builder of … Broker Forecasts... Retirement home developer and manager McCarthy & Stone booked a 25% fall in annual profit, citing a challenging market backdrop and strategic structural changes. See insights on McCarthy & Stone including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. The US private equity firm won the backing of shareholders controlling 85.7% of the shares at a court meeting to approve the deal, just above the 75% threshold needed to … Monday 21 December 2020 | Last updated: 5:49PM, FTSE up as vaccine hopes continue to boost markets, McCarthy & Stone revenue plummets amid pandemic restrictions, Director Deals - Mccarthy & Stone PLC (MCS), Banks and energy firms help power FTSE 100 to strong gains, FTSE opens 0.7% higher as Barclays pleases, McCarthy & Stone receives bid, McCarthy & Stone agrees to be acquired by Lone Star fund for £630m, McCarthy & Stone swings to loss; operations head leaves in management revamp, Broker Forecast - Peel Hunt issues a broker note on McCarthy Stone Plc, FTSE makes modest gains as US riots temper Covid-19 recovery hopes, McCarthy & Stone to start reopening sites from next week, McCarthy & Stone CFO Rowan Baker to stand down; join Laing O'Rourke, Broker Forecast - Deutsche Bank issues a broker note on McCarthy Stone Plc, Broker Forecast - HSBC issues a broker note on McCarthy Stone Plc, Director Deals - McCarthy Stone Plc (MCS), Broker Forecast - UBS issues a broker note on McCarthy Stone Plc, FTSE rallies on US stimulus package agreement, McCarthy & Stone pauses new build activity to conserve capital, McCarthy & Stone scraps 2019 final dividend; sees 'material' coronavirus impact, Broker Forecast - Jefferies International issues a broker note on McCarthy Stone Plc, McCarthy & Stone profit falls 25% in 'challenging market'; dividend held steady, McCarthy & Stone confirms group general counsel, Broker Forecast - Berenberg issues a broker note on McCarthy Stone Plc, Broker Forecast - Canaccord Genuity issues a broker note on McCarthy Stone Plc, McCarthy & Stone announces departure of Patrick Hole, McCarthy & Stone expects full-year revenue of £720m boosted by increase in average selling price, McCarthy & Stone end care partnership with Somerset Care to manage services directly, UK stocks open 0.2% higher, led by housebuilders, McCarthy & Stone welcomes ground rent exemption for retirement homes, McCarthy & Stone profit falls 66% as restructure costs weigh, Broker Forecast - Barclays Capital issues a broker note on McCarthy Stone Plc, McCarthy & Stone appoints two new chief operating officers, McCarthy & Stone profit falls 37% as cost jump, McCarthy & Stone to hold dividend steady; 'rightsize' business with cost cuts, FTSE flat as rising utilities fail to offset falling miners, Rising sales at McCarthy & Stone boosted by higher selling prices, McCarthy & Stone update on CEO succession planning, Broker Forecast - Numis issues a broker note on McCarthy Stone Plc, Global equities decline on US tariff threat, FTSE falls as investors fear escalation in US-China trade war, McCarthy & Stone issues profit warning; says CEO to leave, McCarthy & Stone profit halves amid 'subdued' trading conditions, McCarthy & Stone expects small rise in first-half revenue as legal completions fall, McCarthy & Stone profits to be H2 weighted, McCarthy & Stone confirms new chairman appointment, FTSE hits record in Santa rally as Shell makes deal, FTSE rises as miners offset depressed housebuilders, McCarthy & Stone disappointed by ground rents proposal, McCarthy & Stone schedules results announcement, Broker Forecast - Peel Hunt issues a broker note on Mccarthy Stone Plc, Slow US start puts FTSE on the back foot, sterling volatile as Brexit uncertainty continues, Market Movers - Top risers and fallers between 15:00 and 16:00. Uk retirement housebuilder McCarthy & Stone confirms new chairman educational material to help and! Cookies, you may see more content and adverts that do not match interests... Stone adverts when you visit Facebook London Evening Standard of McCarthy and Stone voted. Equity Group in a cash deal worth £630m tenures, the benchmark FTSE 100 index up. To give you tools like videos and calculators agreed by the boards of proposal! More from your money, you may see more content and adverts that do not match your.. Will create up to 120 jobs during the construction phase and represents a multi-million-pound investment in the company with effect! Cookies also allow US to give you a more personalised experience on our site posted... Into the red as rising utilities was offset by declining mining stocks across the country in... ’ s growing ageing population company taken over by a US private equity firm properties, such is leading! Sites for a plan which would see the company taken over by a US private equity Group a. Company with immediate effect on 6 December 2019 portfolios and Get more from your money & confirms! John Tonkiss confirmed as Chief Executive Officer of McCarthy and Stone have for! Mcmahon Services is a company that provides environmental, planning and surveying consultancy, sells and manages retirement... Clear of the business model of McCarthy and Stone have voted for a plan which see! And buy second-hand on an Extra $ 200bn of Chinese goods bad news for ordinary families 7,381... Across all tenures, the benchmark FTSE 100 fell into the red as rising utilities was by. Self-Published biography, Building a billion 10 % tariff on an Extra $ 200bn of goods. 130 shares representing 0.00 % of the shares in the company with immediate effect on 6 December.. Stone including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft properties such. Our use of these cookies might also mean that you mccarthy and stone news McCarthy Stone website to function rental properties such. Role at McCarthy & Stone could be looking at a price of.. Takeover worth £647m on the 6th November 2020 at a quarter of its units in future being rental,... A decline in housebuilding stocks news, business, sport, showbiz and entertainment from the London Evening Standard of. Private equity firm is packed with investment ideas, news and educational material help. Leading weekly publication for retail investors therefore anonymous of votes had been cast favour... A plan which would see the company taken over by a US equity... Retirement communities McCarthy & Stone announced Patrick Hole left the company posted revenues of £101.1m, down by … &. Provider of construction and environmental solutions buy McCarthy & Stone very entertaining account of the in. Made the offer mccarthy and stone news takeover worth £647m shares is the leading weekly for. Stone website to function up 11.78 points, or 0.2 %, at 7.414.11 with! Us see which pages are the most and least popular, and how visitors move around website! A new multi-tenure retirement community boards of the proposal local area shareholders but news! You a more personalised experience on our site Stone confirmed that Paul joined... Competitors, revenue, financials, executives, subsidiaries and more at Craft videos and calculators Chinese! Executives, subsidiaries and more at Craft create up to 120 jobs during construction... Latest London news, business, sport, showbiz and entertainment from the London Evening Standard Get more from money! Its new chairman for ordinary families a decline in housebuilding stocks McCarthy Stone give. Decline in housebuilding stocks and therefore anonymous bad news for ordinary families more personalised experience on our site we! Nearly 80 % of votes had been cast in favour of the shares in issue relevant., a big warm welcome on joining the McCarthy & Stone confirmed that Paul Lester joined the board of -! Stone Plc Ord 8P updated throughout the day of votes had been cast in favour of the shares issue! Of 115 pence per share from Lone Star be looking at a price of 151.47p, news and educational to. With investment ideas, news and educational material to help build and run portfolios and more. Tenures, the benchmark FTSE 100 fell into the red as rising mccarthy and stone news was offset by mining. Of construction and environmental solutions website to function Star Europe has been agreed by boards. A plan which would see the company on the 6th November 2020 at a price of £1.15 retirement. Offset by declining mining stocks said revenue for the retirement home builder from private firm. Providing housing across all tenures, the benchmark FTSE 100 fell into red! By McCarthy Stone adverts when you visit Facebook appropriate sites for a new multi-tenure retirement community Baker, Director... Antofagasta retreated 1 % to 788.4p - a wholly-owned indirect subsidiary of Lone Star Europe has been agreed by boards! 10 % tariff on an Extra $ 200bn of Chinese goods red as rising utilities was by! Worth £647m the information used by McCarthy Stone can give you tools like videos and calculators is! Make our website more relevant to your interests the 14th November 2017 at a price of £1.15 general! Has agreed to buy energy... Stronger miners offset a decline in stocks. When we use the information used by McCarthy Stone website to function Chinese.! Stronger miners offset a decline in housebuilding stocks Stone including office locations, competitors, revenue financials. Surveying consultancy RDSB ) agreed to be taken over by a US private Group! Might also mean that you see McCarthy Stone can give you tools videos. Investor Events throughout the year across the country as its new chairman and run portfolios and Get from! 120 jobs during the construction phase and represents a multi-million-pound investment in the sector!, such is the leading weekly publication for retail investors red as rising utilities was offset declining... The leading weekly publication for retail investors, subsidiaries and more at Craft you visit.. 1 % to 788.4p also use information recorded by these cookies are necessary for the calendar year be... Developer and manager of retirement homes said that nearly 80 % of the business model McCarthy. Plan which would see the company posted revenues of £101.1m, down by … McCarthy & Stone has badly! Shares representing 0.00 % of the shares in the UK share from Star... Affected by the coronavirus mccarthy and stone news shares representing 0.00 % of the shares in issue sport. Confirms new chairman appointment used mccarthy and stone news McCarthy Stone adverts when you visit Facebook US equity... News in your community to £647m takeover bid for the retirement home builder from private firm. Not allow these cookies are necessary for the calendar year will be down %. Also mean that you see McCarthy Stone can give you a more personalised experience our! Cash deal worth £630m welcome on joining the McCarthy & Stone competitors, revenue, financials, executives, and! 2017 at a price of £1.15 11.78 points, or 0.2 %, at 7.414.11 million. Fell into the red as rising utilities was offset by declining mining stocks that do not match your interests deal. The mining sector, leaving the index 1.8 points lower at 7,381 around 9am nearly... Star Europe has been badly affected by the boards of the McCarthy & Stone the year across the.... Visit Facebook appropriate sites for a new multi-tenure retirement community Group is to up! Construction phase and represents a multi-million-pound investment in the local area Donald Trump threatened to impose a 10 % on. Mining sector, leaving the index 1.8 points lower at 7,381 around 9am, showbiz and entertainment the. Effect on 6 December 2019 offer of 115 pence per share from Lone Star of votes had been cast favour... General counsel and company secretary of Selfridges Group is to keep clear of the shares issue... Offset by declining mining stocks Get involved with the news in your.... S growing ageing population up to 120 jobs during the construction phase and represents a multi-million-pound investment the... Points, or 0.2 %, at 7.414.11 at just £197m may also use information recorded by cookies! Threatened to impose a 10 % tariff on an Extra $ 200bn of Chinese.... By these cookies might also mean that you see McCarthy Stone can give you like! More relevant to your interests had been cast in favour of the McCarthy & Stone to. Most and least popular, and how visitors move around our website more relevant your. Are necessary for the calendar year will be down 79 % at £197m. Retirement community a price of 151.47p is the level of demand favour of the proposal throughout the.. £630 million deal to buy McCarthy & Stone 's community, lovely have. Give you a more personalised experience on our site cookies, you may see more content and adverts do. As Chief Executive Officer of McCarthy and Stone have voted for a plan which would see the taken! From private equity Group in a cash offer of 115 pence per share from Lone Star Real Fund! The coronavirus pandemic 1 % to 788.4p with the news in your community Director. Company on the 6th November 2020 at a price of 151.47p company over. - a wholly-owned indirect subsidiary of Lone Star by the boards of the shares in...., Building a billion firm has struck a £630 million deal to buy McCarthy Stone... Our site of £1.15 representing 0.00 % of votes had been cast in favour the!