London pre-open: FTSE to open with little change after Asian data
8th Dec 2014 07:42
Little change is expected on the FTSE 100 at Monday's opening bell, following weakness in Asia overnight. City sources predict the top tier index will open just two points higher than Friday's close of 6,742.84. "Disappointing data from China and Japan is weighing on European futures ahead of the o
Read moreCarillion signs contract with Liverpool Football Club
8th Dec 2014 07:04
Carillion has signed a contract with Liverpool Football Club to deliver the expansion of its main stand to add around 8,500 seats and increase the overall capacity of Anfield Stadium to some 54,000. The deal comes after the FTSE 250 group was named by the club as its preferred bidder for the constru
Read moreLondon pre-open: Gains expected ahead of ECB meeting
4th Dec 2014 07:43
The FTSE is expected to open higher on Thursday morning amid expectations the European Central Bank (ECB) will take a step closer to full quantitative easing (QE) at its December meeting. City sources predict the FTSE 100 will open around 16 points higher than yesterday's close of 6,716.63. Preside
Read moreCarillion in double contract win worth total of £80m
4th Dec 2014 07:04
Construction group Carillion has been awarded support services contracts by Heathrow Airport and Barts Health NHS Trust, which together are worth approximately £80m. Under an agreement that runs until March 2019, Carillion will provide a range of soft facilities management services together with fab
Read moreLondon pre-open: Weakness in Asia set to drag FTSE lower ahead of PMIs
1st Dec 2014 07:42
London-listed stocks are expected to get December off to a weak start, with City sources predicting the FTSE 100 will open around 40 points below Friday's close of 6,722.62. The anticipated drop will track losses in Asia overnight which came after the latest reading of the official purchasing manage
Read moreCarillion buys 60% of Canada's Rokstad for £33m
1st Dec 2014 07:29
Construction group Carillion is expanding in the power business by buying a 60% stake in Canada's Rokstad Power Corporation for up to £33m. Rokstad, based in British Columbia, provides a full range of transmission and distribution power line services, including specialist live line operations, and h
Read moreCarillion lands contract with Ministry of Justice
19th Nov 2014 08:08
Construction group Carillion has become preferred bidder for two contracts worth up to £200m over five years to provide services to about 50 publicly-run prisons in London and southern England. The contracts from the UK's Ministry of Justice are for an initial five-year period from June 2015 with po
Read moreBalfour Beatty Q3 orders flat but trading in line
18th Nov 2014 07:36
Civil engineer Balfour Beatty reported trading in line with expectations but said orders were flat at £11.7bn at the end of the third quarter. Balfour, which has replaced its chief executive with former Qinetiq boss Leo Quinn and has fended off a takeover bid from rival Carillion, said the order boo
Read moreCarillion agrees terms of deal with Sunderland City Council
11th Nov 2014 08:05
Carillion has agreed the specific terms of a joint-venture agreement with Sunderland City Council, which has a value of up to £800m to Carillion over its 20-year life. The partnership, which was announced earlier this month, has been formed to deliver the city's regeneration programme. The contract
Read moreFTSE 250 movers: Serco plunges after issuing profit warning
10th Nov 2014 16:03
Under-pressure business-to-government outsourcing group Serco saw shares sink as the company delivered a profit warning to investors and said it is planning a rights issue after writing down the value of its business by £1.5bn. Meanwhile, oil explorer Cairn Energy announced a "significant" oil find
Read moreCarillion selected for Highways Agency collaborative delivery framework
10th Nov 2014 08:55
Carillion has been selected by the Highways Agency (HA) as one of five contractors that will deliver highway schemes with values between £100m and £450m as part of the HA's collaborative delivery framework (CDF). FTSE 250-listed Carillion expects to generate up to around £500m of revenue from the CD
Read moreBalfour Beatty finance chief quits
4th Nov 2014 09:18
Balfour Beatty finance chief Duncan Magrath is quitting just over a month since the civil engineer issued its fifth profit warning in two years. The FTSE 250 group, which fought off a takeover bid from rival Carillion, said the hunt for a new chief financial officer (CFO) will begin soon, with Magra
Read moreInterserve secures UK probation contracts
29th Oct 2014 15:24
Support and construction company Interserve is the only UK-based company to have been named among the preferred bidders for the 21 rehabilitation services contracts by the Ministry of Justice (MoJ). The group was named as the preferred bidder for five of the contracts, covering Humberside, Lincolshi
Read moreLondon pre-open: Slight losses expected for FTSE at opening bell
7th Oct 2014 07:47
A slight drop is being predicted for London's blue chips, with a generally mixed picture anticipated for Europe as a whole. City sources predict the FTSE 100 will open around 10 points lower than yesterday's close of 6,563.65, ahead of what is expected to be another relatively quiet session. Alpari
Read moreCarillion wins Dubai deal thanks to new Treasury direct lending facility
7th Oct 2014 07:10
Support services group Carillion has landed a £75m contract for the development of the the first phase of the Dubai World Trade Centre. The deal is being supported by UK Export Finance (UKEF), which has named Carillion as the first company to benefit from the UK government's new direct lending facil
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