Carillion's confidence and new contracts lifts shares from lows
6th Jul 2016 08:26
(ShareCast News) - The day after its shares hit a post-crisis low, Carillion bounced back with a confident first-half trading statement and news of three contract wins worth up to £600m and a bulging order book. The FTSE 250 support services and construction group said growth in first half revenues
Read moreCarillion tells shareholders to expect a good year
4th May 2016 11:58
(ShareCast News) - Carillion reassured investors at its annual general meeting on Wednesday, saying it has traded in line with internal expectations in the year-to-date. The FTSE 250 company pointed particularly to its expectation that 2016 performance will be led by improved revenue and margin in i
Read moreFriday newspaper share tips: Cobham, Carillion
4th Mar 2016 15:52
(ShareCast News) - An earnings miss in volatile market conditions is a sure recipe to send your stock price tanking. On 5 November, aerospace and defence engineering group Cobham told shareholders they could expect full-year earnings per share of between 20.1p and 21.7p. In the event, the company d
Read moreCarillion shares jump on strong revenue growth
3rd Mar 2016 12:36
(ShareCast News) - Investors appeared more than pleased with Carillion's 2015 results on Thursday, with shares in the facilities management and construction services company experiencing a healthy rise after it posted strong growth amid muted trading. The FTSE 250 company saw strong revenue growth o
Read moreCarillion selected by Arriva for GBP120m contract
11th Dec 2015 07:44
(ShareCast News) - Carillion has been selected by transport group Arriva's UK trains division as its preferred partner to provide facilities management and associated services worth around £120m. The contract for the Northern Rail franchise estate is for an initial period of nine years, with the pot
Read moreCarillion sees 2015 results in line with forecasts
9th Dec 2015 08:43
(ShareCast News) - Carillion said it was on track to meet full year targets with strong revenue growth expected to help produce operating profits in line with expectations. The construction services firm also said it had won £1bn in new business across a range of projects, including the Kings Cross
Read moreCarillion renews main bank facility
30th Nov 2015 08:01
(ShareCast News) - Support services group Carillion has renewed its main revolving bank facility and extended the maturity by nearly three years, from March 2018 to November 2020. Carillion said the £790m facility has also attracted reduced pricing across the board, reflecting the strength of the gr
Read moreCarillion JV wins Dubai Trade Centre contract
5th Nov 2015 10:30
(ShareCast News) - Carillion's Al Futtaim Carillion joint venture has won a £125m contract to carry out the next phase of work on the Dubai Trade Centre District. The construction and support services group said the development is located between the current Dubai International Convention and Exhibi
Read moreBroker tips: Pearson, Mothercare, Carillion
23rd Oct 2015 16:55
(ShareCast News) - Exane BNP Paribas downgraded Pearson to ''neutral' from 'outperform' and cut the price target to 1,000p. The bank said its investment case on Pearson was predicated on three main ideas. It argued that cyclical headwinds, especially in US Higher Education, would abate from 2015 on
Read moreFriday broker round-up
23rd Oct 2015 16:41
(ShareCast News) - Aa: Berenberg Bank starts a new coverage with a buy, sets target price at 350.00p. Globaltrans Investment Gdr (reg S): Credit Suisse upgrades to neutral, reduces target price to 4.20p. Connect Group: Berenberg Bank starts a new coverage with a buy, sets target price at 200.00p.
Read moreCarillion builds on JPMorgan upgrade
23rd Oct 2015 09:03
(ShareCast News) - Carillion got a boost on Friday after JPMorgan Cazenove upgraded its stance on the construction and support services company to 'overweight' from 'neutral' as it took a look at UK contractors. JPM said the UK non-residential construction market is in recovery mode with meaningful
Read moreLondon open: Investors focus on positives from Chinese data
19th Oct 2015 08:11
(ShareCast News) - Stocks moved higher at the start of trading as investors chose to focus on the positives from the raft of Chinese macroeconomic data published before the start of trading. As of 09:12 the Footsie was up 12.85 points at 6,390.85, while the Shanghai Stock Exchange's Composite Index
Read moreCarillion signs contract for GBP80m Leeds regeneration project
19th Oct 2015 07:21
(ShareCast News) - Carillion has signed a contract with the Homes and Communities Agency to regenerate Tower Works in Holbeck Urban Village on Leeds' South Bank. The construction and support services company said the contract adds to the £1.7bn of new business it has won since the half year, as anno
Read moreLondon close: Stocks fall as mining shares, oil prices decline
12th Oct 2015 16:10
(ShareCast News) - London stocks ended lower on Tuesday, dragged down by mining shares and drop in oil prices. Glencore was the biggest faller on the FTSE as the troubled miner began the process of selling two of its copper mines in Australia and Chile. Fellow miners Anglo American, Antofagasta and
Read moreFTSE 250 movers: Carillion surges as investors cheer contract wins
12th Oct 2015 15:11
(ShareCast News) - London's mid-cap index was down 0.6% to 16,990.42 at 1545 BST, in line with the broader market as investors struggled for direction amid an absence of market-moving news. Shares in Carillion surged after the construction and support services group expressed confidence over its ful
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