…and some to hold, avoid or sell

Countrywide Investors Chronicle

Although action has been taken to reduce costs and debt, the property group expects to lose money this year and next. House sales are predicted to remain subdued, and there’s little hope of a fast turnaround. Sell. 49p.

Debenhams Investors Chronicle

The department store chain has issued its third profit warning in six months. With margins squeezed by high fixed-lease costs, increased promotional activity and a poor start to the summer, the dividend is vulnerable. Sell. 16.7p.

Investors Chronicle

The electrical and telecoms retailer has endured a profit warning, a serious data breach and sluggish domestic growth. But international growth is more robust and store closures will stem margin deterioration. Hold. 198p.

Flybe Group Investors Chronicle

The downsized European airline’s fleet is now “under control”; losses have narrowed and revenue per seat is up. But load factor is still “well adrift” of other budget airlines. More progress is needed. Sell. 37p.

IWG The Times

The owner of Regus, the serviced-office provider, has suffered a second profit warning due to weakness in the London market. A buyout deal may not be as strong as management hopes. Sell. 315p.

Stagecoach Group The Times

After losing its east coast main line franchise, renewals of the transport operator’s remaining rail franchises are now at risk. Revenue and profits are down and the dividend has been slashed. Sell. 139.9p.