Babcock Intnl Group Offer Update
25th Jun 2010 12:37
TIDMBAB TIDMVTG RNS Number : 2611O Babcock International Group PLC 25 June 2010 ? NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION For immediate release 25 June
Read moreVT: EGM Resolutions On Acquisition By Babcock Passed
10th Jun 2010 16:50
LONDON (Dow Jones)--VT Group PLC (VTG.LN), said Thursday that at a Court Meeting and General Meeting of Scheme Shareholders held in connection with the recommended acquisition of VT by Babcock International Group PLC (BAB.LN), all the resolutions proposed received the overwhelming support of VT Shar
Read moreBabcock: VT Acquisition Approved At EGM
9th Jun 2010 17:18
LONDON (Dow Jones)--Babcock International Group PLC (BAB.LN) said Wednesday that the resolution proposed at its Extraordinary General Meeting to approve the recommended acquisition of VT Group PLC (VTG.LN) was approved with 93.06% of votes. MAIN FACTS: -Shares closed Wednesday at 573 pence.
Read moreNew Serco chairman opens account
12th May 2010 17:27
The wife of Serco's new chairman Alastair Lyons has opened the couple's account in the firm with the purchase of nearly £100,000 worth of shares. Shauneen Lyons bought 15,000 shares in the company, paying 632.97p a time. The purchase comes the day after Serco, whose activities include operating Lo
Read moreWednesday tips round-up: Babcock, Lookers, Intercontinental Hotels
12th May 2010 07:40
Babcock's scope to provide public services more cheaply is its big attraction. Although fears of government cutbacks remain to the fore, the company is not dependent on new capital expenditure. Further, the tie-up with VT gives it an unparalled presence in technical training, an area where skills a
Read moreLondon close: Deficit narrows
11th May 2010 16:34
Losses halved during the afternoon session as it looked increasingly likely the Liberal Democrats will jump into bed with the Conservative party and form a coalition government. Buyers nibbled at weak miners and banks, down sharply earlier on doubts about the €750bn Eurozone bailout plan. Kazakhmy
Read moreLondon afternoon: Political indecision weighs
11th May 2010 15:33
With still no decision on who's running the country and Wall Street deep in the red, London's FTSE 100 is nursing triple digit losses. Concerns about the €750bn bailout agreed by European governments to prevent economic collapse in the Eurozone also continue to weigh. Banks remain among the worst
Read moreFTSE 250 movers: Enterprise fizzing after fundraising
11th May 2010 13:15
Investors have raised a glass to Enterprise Inns' new £625m debt facility. The pub group's shares rose more than 10% having already climbed yesterday after the media got wind of the news over the weekend. Fellow tenanted pub group Punch Taverns is up in sympathy. Engineering support services group
Read moreLondon midday: Shares drift lower on bail-out doubts
11th May 2010 12:16
The leading share index is posting triple-digit losses as nerves set in over the prospects for the €750bn bailout agreed by European governments to prevent economic collapse in countries that use the euro. Banks are among the worst performers, most notably part-nationalised Royal Bank of Scotland.
Read moreLondon open: Blue chips retreat as uncertainty returns
11th May 2010 08:40
Footsie has given back some of the strong gains posted yesterday on the back of the euro bail-out. Uncertainty over who will govern the UK is to blame but there are also growing doubts over the substance of the euro plan. A string of company announcements is helping to deflect attention away from
Read moreBabcock confident after profits rise
11th May 2010 07:56
Engineering support services group Babcock International reported a rise in profits in the year to March 31 and said it expected to see continuing demand for its efficiency-delivering services as pressure on public spending increases. Pre-tax profits rose to £129.2m from £106.7m over the same perio
Read moreTuesday preview: EasyJet, Babcock, InterContinental Hotels
10th May 2010 16:36
The market will watch out for the impact last month's volcanic ash cloud has had on EasyJet's half year figures. The no-frills airline's first half results have already been well flagged by the company to come in at the top end of the £80m-£95m loss range. Nomura expects the loss to amount to £8
Read moreBabcock adds £2.5bn in orders
30th Mar 2010 08:12
Defence services group Babcock International said a recently agreed deal with the Ministry of Defence would boost the value of its order book by 40%. The group's order book will be increased by about £2.5bns to around £8.5bn, Babcock's chief executive Peter Rogers said. Babcock, which sealed a suc
Read moreTuesday preview: Ofcom, Domino's, Babcock
29th Mar 2010 15:10
Ofcom, the independent regulator and competition authority for the UK communications industries, will release its review of the pay-TV market on Tuesday, with industry insiders expecting the watchdog will require British Sky Broadcasting (BSkyB) to cut the price of its premium sport and film channel
Read moreLondon close: Further boost for shares
23rd Mar 2010 16:43
Rising commodity prices, US strength and some well-received company updates sent London to a fresh 21-month closing high Tuesday. The leading index hasn't finished up at this level since 19 June 2008 and is just one decent session away from breaking through 5,700. Cairn Energy was easily the most
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