Thursday preview: IMI hoping for a strong second half
21st Aug 2013 15:01
Engineering firm IMI will hope that its impressive share-price- performance will continue on Thursday when it reports its first-half results. The company, which is focused on the control and movement of fluids in critical applications, has seen its stock rise a solid 28% since the start of 2013, re
Read moreFriday broker round-up UPDATE
5th Jul 2013 08:09
African Barrick Gold: Nomura lowers target price from 200p to 155p, while upgrading from reduce to buy. Barclays: Bank of America reduces target price from 410p to 370p, while leaving its buy recommendation unchanged. BHP Billiton: Investec ups target price from 1919p to 1926p maintaining a buy re
Read moreCarillion bags Network Rail contracts worth 122m pounds
3rd Jul 2013 07:33
Construction firm Carillion said it has been awarded two contracts by Network Rail worth 122m pounds. The Crossrail West Inner Track Improvements and Crossrail Old Oak Common and Paddington Approaches and Intercity Express Programme contracts will enable the new Crossrail service to be integrated
Read moreLondon close: Rally continues as FTSE 100 jumps
27th Jun 2013 16:44
Strong US economic data and some reassuring comments by a member of the Federal Reserve gave markets a big boost on Thursday, helping the FTSE 100 to extend gains into the third day. After hitting a fresh five-month low of 6,029 on Monday, the FTSE 100 has risen strongly over the past three session
Read moreFTSE 250 movers: Perform slumps after profit warning
27th Jun 2013 14:23
Digital sports media firm Perform dropped sharply on Thursday after a pre-close trading update said that despite still expecting strong revenue growth this year, a change in revenue mix, together with additional rights and other investment, will impact the rate of earnings growth. Paper and plastic
Read moreLondon pre-open: Markets seen higher for third straight day
27th Jun 2013 07:44
Stocks are expected to open higher on Thursday morning, continuing their rebound after some heavy falls seen over the last month. City sources predict the FTSE 100 will open up 22 points from yesterday's close of 6,165. After a heavy fall on Monday to a fresh five-month low of 6,029, London's benc
Read moreCarillion scores luxury-hotel contract in Abu Dhabi
27th Jun 2013 07:13
Construction group Carillion has been awarded a 'prestigious' contract to design and build a luxury hotel in Abu Dhabi through its joint-venture business in the United Arab Emirates, Al Futtaim Carillion. The £130m contract was awarded by Mubadala Development Company (MDC) to construct a five-star
Read moreFTSE 250 movers: International Personal Finance jumps after upbeat broker comment
17th Jun 2013 15:08
Eastern Europe-focused home-credit business International Personal Finance was the best performing stock on the FTSE 250 on Monday after analysts at Renaissance Capital named it as their top pick in the financial sector in that region. "We like the resilience of the business model, while we love it
Read moreCarillion secures 130m-pound contract for Oman
17th Jun 2013 07:13
FTSE 250-listed integrated support services company Carillion Alawi has been awarded a 130m-pound contract by the Oman Tourism & Development Company (Omran) to construct exhibition halls, an energy centre and a three-storey car park. The contract forms part of the Oman Convention and Exhibition Ce
Read moreLondon pre-open: FTSE to edge lower after hitting 13-year highs
22nd May 2013 07:36
City sources predict the FTSE 100 will open down 11 points from yesterday's close of 6,804, after it yesterday smashed through the 6,800 mark, just 130 points short of its all-time high, not seen since 1999. A decline would ignore the gains seen in both Asia and the US overnight. It's a busy day
Read moreCarillion preferred bidder for Battersea Power Station redevelopment
22nd May 2013 07:15
UK construction company Carillion has been selected as the preferred bidder to deliver the 400m pounds first phase of redevelopment at London's Battersea Power Station. The redevelopment comprises 866 apartments, including 11 penthouses, along with retail facilities, theatre space and business stud
Read moreMonday broker round-up UPDATE
20th May 2013 08:32
Alent: Credit Suisse initiates with a target price of 430p and an outperform rating. Amlin: Morgan Stanley ups target price from 428p to 469p, while maintaining an overweight rating. Anite: Espirito Santo cuts target price from 180p to 165p retaining a buy recommendation. Ashtead Group: UBS takes
Read moreFTSE 250 movers: Keller makes gains after beating expectations
15th May 2013 15:32
Keller, the world's largest independent ground engineering specialist, sparked a share-price surge on Wednesday after saying that results so far this year have beaten its expectations despite mixed conditions worldwide. The company said that while economic conditions across global construction marke
Read moreMonday broker round-up UPDATE
13th May 2013 07:18
Bioquell: Investec shifts target price from 136p to 141p and keeps a hold recommendation. blinkx: Canaccord Genuity moves target price from 125p to 135p reiterating its buy recommendation. Britvic: Panmure Gordon increases target price from 380p to 460p and retains a hold recommendation. BT Group
Read moreCarillion awarded contact to build biggest UK hospital
2nd May 2013 08:57
Carillion, the FTSE 250 construction firm, has been awarded a contract by the new Royal Liverpool University Hospital Public Private Partnership (PPP). The deal, the capital cost of which will be in the region of £335m, will see Carillion carry out the construction work and deliver support service
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