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United States

Countrywide PLC (CWD.L)

CWD.L on London Stock Exchange

11.64GBp
24 Sep 2018
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11.64
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Wed, Sep 19 2018

UPDATE 1-UK's Royal Mail chairman steps down to focus on Countrywide role

Sept 19 Royal Mail Plc said Peter Long would step down as chairman of the British post and parcel services company with immediate effect and be replaced by Les Owen.

Investors ditch UK's Countrywide after discounted share offer

Countrywide Plc lost two thirds of its market value on Thursday after the British estate agent proposed a deeply discounted share offer and said auditors had warned it faced a struggle to stay in business.

UPDATE 2-Investors ditch UK's Countrywide after discounted share offer

* Says top shareholder to vote in favour of placement (Recasts, adds CEO comment)

UK's Countrywide to raise 140 million pounds in equity sale

Aug 2 Countrywide Plc is raising 140 million pounds ($183.44 million) from an equity sale to cut debt as the British estate agent posted a 61.5 percent fall in half-year core earnings, in line with its expectations.

UPDATE 3-Countrywide warns again on profit, plans big share sale

* Shares have lost half their value this year (Adds details, background)

Countrywide lowers profit forecast, plans more equity financing

June 25 Britain's largest real estate agent Countrywide Plc on Monday cut its half-year adjusted core earnings forecast and said it plans to lower debt by at least 50 percent through additional equity financing.

UK's Countrywide Q1 income falls on weak London sales

April 25 Countrywide Plc, Britain's largest estate agent on Wednesday said total income in the first quarter fell 10.5 percent, hurt by "significantly" lower sales in London.

BRIEF-Countrywide Says Total Group Income For Quarter Lower At 145 Mln STG

* TOTAL GROUP INCOME FOR QUARTER WAS LOWER AT £145 MILLION COMPARED TO £162 MILLION FOR SAME PERIOD IN 2017.

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