London midday: Stocks slide on quiet day of news and economic data
12th Oct 2015 11:12
(ShareCast News) - London stocks were in the red amid a lack of drivers on a quiet day for news and economic data releases. A rally in Chinese stocks failed to boost the UK market, as the China Securities Journal reported that the deputy governor of the People's Bank of China said the country's s
Read moreLondon open: Stocks drop as US trading closed for holiday
12th Oct 2015 08:36
(ShareCast News) - UK stocks dropped on Monday which will prove a quiet day for traders with US closed for a holiday and no major economic data releases. The FTSE opened down 25 points as gains in oil and mining stocks were offset by declines in banking and pharmaceuticals, led by Astrazeneca. The d
Read moreCarillion wins GBP1.7bn new business since half year
12th Oct 2015 07:05
(ShareCast News) - Shares in Carillion surged after the construction and support services group expressed confidence over its full-year targets, as it said it has signed contracts, secured preferred bidder positions and been awarded frameworks worth around £1.7bn since 30 June. In UK infrastructure
Read moreFriday broker round-up
9th Oct 2015 16:28
(ShareCast News) - Ferrexpo: UBS upgrades to neutral, cuts target price to 36.00p. Carillion: Investec Securities downgrades to hold. Target price: 300.00p. Weir Group: RBC Capital Markets downgrades to underperform, bumps down target price to 50.00p. United Utilities Group: Credit Suisse upgrades
Read moreBalfour Beatty and Carillion win A14 upgrade contract
21st Sep 2015 07:26
(ShareCast News) - Highways England has selected Balfour Beatty's 50:50 joint venture with Carillion to upgrade a section of the A14 - a contract worth £292m. The two FTSE 250-listed infrastructure groups will deliver a package to upgrade the A14 between Swavesey and Milton as part of the wider A14
Read moreThursday tips round up: WPP, Carillion
27th Aug 2015 10:20
(ShareCast News) - While Sir Martin Sorrell's post first half results comment was about China, North America offered a better view of what was driving WPP, the Financial Times' Lex said. The region was the advertising conglomerates biggest and highest margin region, as profits grew by 23% in the fir
Read moreLondon close: Stocks drop as investors dwell on China slowdown
26th Aug 2015 16:08
(ShareCast News) - UK equities dropped on Wednesday as China's economic slowdown continued to weigh on investors' minds. The People's Bank of China on Wednesday said it would pump 140 billion yuan into the financial system through a short-term liquidity adjustment operation. The SLO loans, introduce
Read moreCarillion profits flat despite revenue lift from new contract wins
26th Aug 2015 07:51
(ShareCast News) - Construction and support firm Carillion posted unchanged pre-tax profits for the first half of the year, in line with forecasts. The company posted first half pre-tax profit at £67.5m, unchanged from the first half of last year. While pre-tax profit was flat, underlying pre-tax p
Read moreCarillion secures deal to upgrade Midlands schools
17th Aug 2015 08:03
(ShareCast News) - Support services group Carillion has agreed a deal worth £187m to upgrade facilities at eight schools in the Midlands. On Monday, the FTSE 250 group said its joint venture vehicle PSBP Midlands has reached financial close over the Midlands Priority School Building Programme, a 25-
Read moreLondon preopen: Stocks expected to slip on yuan devaluation
11th Aug 2015 07:17
(ShareCast News) - City sources predict the FTSE 100 will open 13 points lower than Monday's close of 6,736.22. European equities are set to slip on the open following People's Bank of China moves, London Capital Group night dealer Jonathan Sudaria said. "The extreme 'one-off' devaluation in the y
Read moreLondon close: Stocks rebound as Fed official suggest later rate hike
10th Aug 2015 16:25
(ShareCast News) - UK stocks regained ground at close of trading on Monday after a US Federal Reserve official suggested a September rate hike may not be on the cards as many expect. Fed vice chairman Stanley Fischer on Monday told Bloomberg he doesn't expect the first rate hike in nine years to occ
Read moreCarillion wins government contract worth up to £4.1bn
10th Aug 2015 07:25
(ShareCast News) - Carillion has been selected by the UK government for a new facilities management services agreement that could earn the company up to £4.1bn. The construction and outsourcing group said it is one of only three companies to be selected for all three lots in the agreement and in tot
Read moreLondon pre-open: FTSE 100 tipped to open higher
10th Aug 2015 07:12
(ShareCast News) - City sources predict the FTSE 100 will open 30 points higher than Friday's close of 6,718.49. European equities are set to start with gains this morning, as they par back some of Friday's losses, London Capital Group night dealer Jonathan Sudaria said. "However, despite the posit
Read moreCarillion first-half sales soar but UK election squeezes order book
14th Jul 2015 09:00
(ShareCast News) - In a bullish half-year statement, Carillion said, despite a slip in the size of its order book due to the UK election, it generated a significant increase in revenue and expected to hit its full year profit and earnings forecasts. The FTSE 250 group said it was on track to delive
Read moreTuesday preview: First Group, Carillion, Michael Page
13th Jul 2015 18:27
(ShareCast News) - On the company front, London is scheduled to be fairly quiet. FirstGroup, which is convening for its annual shareholder meeting, and Carillion are both due to make quarterly statements. Firstgroup has an opportunity to update the market after an uneasy fortnight when it lost out o
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