Carillion has good revenue visibility after in-line results
5th Mar 2014 10:00
Carillion shares moved higher following the company's in-line results as the integrated support services company said it had good revenue visibility going forward and unveiled two acquisitions. Revenue for the 12 months ended December 31st fell 7% to £4.1bn from £4.4bn a year earlier, primarily du
Read moreCarillion in multiple contract win
5th Mar 2014 10:00
Integrated support services company Carillion has unveiled multiple contract wins in the UK, Canada and the Middle East. Its joint venture business in the United Arab Emirates, Al Futtaim Carillion, was awarded a contract worth in the region of £150m to build The Avenue Phase 2 City Walk developmen
Read moreFriday broker round-up UPDATE
28th Feb 2014 09:51
Barratt Developments: Liberum Capital ups target price from 430p to 468p and keeps a buy recommendation. Deutsche Bank takes target price from 394p to 452p and retains a buy recommendation. Citi raises target price from 390p to 460p and maintains its buy recommendation. Bodycote: FinnCap increases
Read moreThursday broker round-up UPDATE
27th Feb 2014 09:55
Balfour Beatty: Berenberg moves target price from 340p to 350p and stays with a buy recommendation. Bodycote: FinnCap places both its target price (prev.: 620p) and its hold recommendation under review. Investec raises target price from 770p to 810p and keeps a buy recommendation. Numis upgrades fr
Read moreCarillion wins Hard Rock Hotel contract in Abu Dhabi
12th Feb 2014 07:39
Infrastructure and support services group Carillion has won a contract through its joint venture in the United Arab Emirates (UAE) to build a five-star Hard Rock Hotel in Abu Dhabi. The £110m contract, awarded by Aabar Properties, will see Carillion's joint venture Al Futtaim Carillion construct th
Read moreCarillion announces new contract with Network Rail
4th Feb 2014 08:53
Support services group Carillion announced Tuesday that one of its joint ventures has been selected as a supplier on a Network Rail electrification programme. CarillionPowerlines, the 70/30 joint venture between Carillion and Austrian-based SPL Powerlines, has been appointed as one of four framewor
Read moreHICL invests in two new social infrastructure projects
27th Jan 2014 08:00
Investment group HICL Infrastructure has made two new acquisitions worth a total of 23.5m pounds, investing in the Holdfast Training Services Limited and the Sheffield BSF Schools project. The company has acquired a 26% stake in Holdfast, a public private partnership joint venture with support serv
Read moreMonday broker round-up UPDATE
20th Jan 2014 08:41
Admiral Group: Canaccord Genuity raises target price from 1160p to 1400p and upgrades to hold. African Barrick Gold: Westhouse Securities lowers target price from 170p to 160p and downgrades to sell. Alkane Energy: Liberum Capital downgrades to hold with a target price of 44p. Allocate Software:
Read moreFTSE 250 movers: Perform attempts to recover after recent sell-off
16th Dec 2013 15:24
Digital sports media firm Perform Group was a high riser on Monday as it continues to recover following a sharp sell-off last week following a profit warning. The company's share price fell 57 per cent on Thursday alone after it said that earnings would be 'significantly below' previous forecasts.
Read moreCarillion reaches financial close on Liverpool hospital project
16th Dec 2013 08:04
Carillion said it has achieved financial close on the 335m-pound Royal Liverpool University Hospital project. The UK facilities management and construction services company will invest £15.5m of equity in the project, alongside Scottish Widows Investment Partnership who will invest a similar amoun
Read moreCarillion signs 500m-pound BT deal, Chairman to retire
11th Dec 2013 07:54
- Signs 500m-pound BT Broadband deal - Trading remains broadly in line with expectations - Chairman Philip Rogerson will retire in May next year Construction firm Carillion said it has won a 500m-pound deal to deliver BT Broadband services in the UK over the next three and a half years as it c
Read moreFTSE 250 movers: Euromoney Institutional rises on broker comment
29th Nov 2013 15:45
Euromoney Institutional Investor gained after Westhouse Securities upped its target price on the stock from 898p to 1,110p. Shares in fund manager Xaar climbed on the back of a price target increase from Investec from 840p to 920p, with an 'add' rating on the shares. Brewer and pub group Marston
Read moreLondon pre-open: Slow start expected as confidence falls but house prices gain
29th Nov 2013 07:18
- Flat to modest start expected on FTSE - UK confidence shows surprise fall - UK house prices rise above expectations City sources predict the FTSE 100 will open around two points lower than yesterday's close of 6,654.47 after a quiet session yesterday as the US celebrated the Thanksgiving holiday.
Read moreCarillion selected as preferred bidder for Sunderland regeneration
29th Nov 2013 07:06
Infrastructure, construction and support services group Carillion has been named as the preferred bidder to deliver a range of property services for a regeneration programme in Sunderland. The contract is worth at least £100m over the first eight years and potentially up to £800m over 20 years. It
Read moreCarillion Finance Director lowers holding
8th Nov 2013 16:03
Carillion's Group Finance Director, Richard Adam, on Thursday sold, on behalf of his wife, 40,000 shares. Each of these was sold for 309.04p, for a total trade value of £123,616. Adam's stake now stands at 118,238 shares. The disposal was made a week after the support services company announced
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