London open: Stocks near 14-year high after upbeat Asian data
9th Jun 2014 08:33
- China trade surplus doubles as exports rise - Japanese consumer confidence improves, GDP revised higher - Rio gains on Credit Suisse comments - Lloyds fall after pricing TSB IPO techMARK 2,852.63 +0.04% FTSE 100 6,872.71 +0.21% FTSE 250 16,239.01 +0.04% Yet another record close on Wall Street fe
Read moreLondon pre-open: Asia data to help drive FTSE higher
9th Jun 2014 07:40
Positive data from Asia and last week's strong US jobs figure are expected to send UK stocks into positive territory this morning. City sources predict the FTSE 100 will open around 11 points higher than Friday's close of 6,858.21. In Asia, China reported a trade surplus of just under $36bn for M
Read moreCarillion JV awarded contract worth £100m
9th Jun 2014 07:05
Integrated support services company Carillion's 50/50 joint venture (JV) with Lafarge Tarmac has been selected as one of the contractors on the Midlands Highway Alliance framework. The value of the framework to the JV is £100m across a three-year period, with the option to extend it by a further y
Read moreCarillion and its joint venture in multiple contract award
22nd May 2014 08:34
Carillion's joint venture Al Futtaim has signed a deal to build two luxury hotels in Dubai. Together, the contracts are worth £300m and include the fourth phase of the Madinat Jumeirah Resort project that will involve the construction of a luxury 435-room hotel resort. Construction is due to be
Read moreCarillion joint venture in double contract win
12th May 2014 08:24
A joint venture (JV) 67 per cent-owned by integrated support services company Carillion has been selected for two contracts with the Defence Infrastructure Organisation (DIO) worth up to 1.7bn pounds. The contracts are part of the DIO's Next Generation Estate Contracts programme to maintain and up
Read moreLondon pre-open: FTSE to rise, traders eye stimulus in China
12th May 2014 07:40
The week is set to get off to a positive start for UK stocks, following a mixed picture in Asia overnight and a decent finish in the US on Friday. The Dow Jones Industrials managed to set a fresh record high, although the 16,000 point area continues to act as resistance for now. City sources are p
Read moreCarillion chosen as preferred bidder for Network Rail track renewal
12th May 2014 07:04
FTSE 250-listed Carillion has been selected by Network Rail as the preferred partner to carry out 100m pounds-worth of track renewal work over five years as part of a 25bn pound investment programme. The integrated support services company is one of three preferred partners to deliver plain line t
Read moreCarillion to return to revenue growth in 2014
7th May 2014 15:40
Construction and civil engineering group Carillion expects to start increasing revenue again this year after a shake-up of its construction operations. Carillion, which is involved in hospitals, transport, communications and other sectors, said first-half revenue was likely to be slightly lower tha
Read moreMonitise Chairman acquires first round of shares
11th Apr 2014 16:02
Monitise on Friday said that its Non-Executive Chairman, Peter Ayliffe, had acquired 250,000 shares in the payment solutions company. Ayliffe, who paid 57.13p a share and spent £142,825 altogether, was appointed to his current role in October last year, having previously been a non-executive for n
Read moreFTSE 250 movers: Carillion rises on Cantor upgrade
9th Apr 2014 15:44
Carillion rose strongly after Cantor Fitzgerald upgraded the stock from 'hold' to 'buy' and increased its target price from 350p to 420p. Evraz rose despite reporting a fall in earnings in what the company described as a 'challenging year for the global steel and mining industry'. On the plus side
Read moreWednesday broker round-up UPDATE
9th Apr 2014 09:09
Aberdeen Asset Management: RBC Capital moves target price from 485p to 495p and maintains an outperform rating. African Barrick Gold: Deutsche Bank upgrades to buy with a target price of 310p. African Minerals: Investec reduces target price from 241p to 198p and leaves its buy recommendation uncha
Read moreCarillion selected as preferred bidder for NHS contract
31st Mar 2014 07:53
Carillion has been selected as preferred bidder for a 200m support services contract with Nottingham University Hospitals (NUH) NHS Trust. If the company wins the contract, it will provide services including fabric maintenance, mechanical and electrical engineering, catering, cleaning, security, l
Read moreFriday broker round-up UPDATE
28th Mar 2014 12:35
888 Holdings: Deutsche Bank lowers target price from 166p to 160p retaining its hold recommendation. Aberdeen Asset Management: JP Morgan cuts target price from 529p to 509p and stays with its overweight rating. Advanced Medical Solutions: Investec shifts target price from 121p to 129p, while down
Read moreCarillion scores main contract on Dubai Trade Centre development
18th Mar 2014 08:01
Carillion's Al Futtaim business has been awarded the main contract to deliver the first phase of the Dubai Trade Centre District (DTCD), a 146,000 square metre development between the current Dubai International Convention and Exhibition Centre and Emirates Towers. The £61m deal, which includes an
Read moreLondon pre-open: Stocks to slip on Sainsbury Q4, latest from Crimea
18th Mar 2014 07:40
The Footsie is set to start the day by edging lower, as investors digest a poor quarterly update from Sainsbury together with reports the accession of Crimea has been approved by Russian powers. City sources predict the FTSE 100 will open 10 points lower than yesterday's close of 6,568.35. Russia
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