Thursday tips round-up: Carillion, WanDisco
3rd Jul 2014 08:39
In recent times construction and support services firm Carillion has been reducing its UK construction business so as not to have to take on just any low-margin work going. While sensible that resulted in cash outflows and a fall in its share price towards its dividend level, potentially signalling
Read moreFTSE 250 movers: Ocado rebounds from yesterday's heavy losses
2nd Jul 2014 15:02
Online grocer Ocado was rebounding strongly after a heavy fall the previous day with analysts at Deutsche Bank providing a lift by upgrading the stock to 'hold'. The company underwhelmed the market with its interim results on Tuesday, but the bank said it now sees limited downside to its target pric
Read moreLondon midday: Stocks gain as UK construction PMI hits four-month high
2nd Jul 2014 12:04
- UK construction PMI hits four-month high - ADP report, factory orders in focus Stateside - Service PMIs, ECB and jobs report due out tomorrow - Mothercare jumps on foreign interest techMARK 2,841.71 +0.32% FTSE 100 6,823.02 +0.30% FTSE 250 15,907.17 +0.42% Figures showing a surprise pick-up in U
Read moreWednesday broker round-up UPDATE
2nd Jul 2014 09:38
Anite: Investec places its target price (prev.: 88p) under review, while its hold recommendation remains unchanged. Ashcourt Rowan: N+1 Singer moves target price from 231p to 242p and keeps a buy recommendation. BG Group: Canaccord Genuity raises target price from 1250p to 1450p upgrading from hol
Read moreLondon open: Stocks edge higher ahead of key data
2nd Jul 2014 09:21
- Markets await US data, Yellen speech - Services data, ECB meeting and non-farm payrolls due out Friday - Mothercare jumps after Destination Maternity bid techMARK 2,838.22 +0.20% FTSE 100 6,821.55 +0.27% FTSE 250 15,914.05 +0.46% UK stocks edged higher on Wednesday morning though upside was limi
Read moreLondon pre-open: FTSE to move slight lower at opening bell
2nd Jul 2014 07:44
UK stocks are expected to start on the back foot, ignoring new records set by US indices overnight as it slightly reverses some of yesterday's strong gains. City sources predict the FTSE 100 will slip two points lower than yesterday's close of 6,802.92. US stock markets started the second quarte
Read moreCarillion sees lower H1 revenue but stays upbeat about 2014
2nd Jul 2014 07:08
Tough construction markets have hit revenue at Carillion, but the support services and building group said orders are holding up and it expects to start increasing revenue again this year. Carillion said first-half revenue in construction services other than the Middle East is expected to be lower
Read moreCarillion wins NHS and motorway upgrade contracts
19th Jun 2014 07:36
Carillion announced on Thursday the signing of two large contracts, including a £200m deal to provide support services for the Nottingham University Hospitals NHS Trust. After revealing in March that it had been selected as preferred bidder for the contract, the company said it has now been signed
Read moreBalfour Beatty wins £184m contract to upgrade M60 and M62
19th Jun 2014 07:15
Infrastructure group Balfour Beatty has won a £184m contract to upgrade a 17-mile stretch of the M60 and M62 motorways around Manchester. The 'smart motorway' upgrade, for the Highways Agency, is expected to increase capacity, reduce congestion and shorten journey times for motorists along the Manc
Read moreCarillion wins £70m hospital contract in Saudi Arabia
17th Jun 2014 07:39
Builder and support services group Carillion has won a £70m deal to build the second stage of a hospital and medical centre in Saudi Arabia. Carillion said phase two of the Aldara Hospital and Medical Centre in Riyadh would be a state-of-the-art hospital and the largest outpatient centre in Saudi,
Read moreFTSE 250 movers: Lonmin jumps on potential resolution to strikes
12th Jun 2014 14:15
Shares in Lonmin, up nearly 10%, have rebounded strongly - having fallen as much as 4% earlier on - after reports that the AMCU union in South Africa has agreed to take an offer from partners Impala, Amplats and Lonmin to employees following strikes began earlier this year. Electronic components di
Read moreLondon open: Mining stocks pull FTSE 100 lower ahead of data
12th Jun 2014 08:25
- Profit taking continues as miners fall - Traders await global economic data - Broker downgrades hit blue chips techMARK 2,839.63 -0.04% FTSE 100 6,827.09 -0.17% FTSE 250 16,073.58 -0.09% UK stocks opened flat on Thursday morning as weakness in the mining sector held back any chances of a rebound
Read moreBalfour, Galliford and Carillion to work on £745m highway project in Scotland
12th Jun 2014 07:44
Infrastructure and construction peers Balfour Beatty, Galliford Try and Carillion have been appointed preferred bidders to work on a £745m project to build new roads in Scotland. The Connect Roads consortium, made up of the three companies, has been selected to work on the Aberdeen Western Peripher
Read moreFTSE 250 movers: Crest Nicholson leads risers
9th Jun 2014 14:05
Sustainable housing group Crest Nicholson rose strongly just days after the government announced measures to boost housing supply in the UK amid rampant house-price inflation. Integrated support services company Carillion was lifted by the news it's 50/50 joint venture (JV) with Lafarge Tarmac has
Read moreLondon midday: Upbeat global data gives UK stocks a lift
9th Jun 2014 11:30
- Housebuilders, miners lift markets higher - Chinese and Japanese data boosts sentiment - US stock futures flat at record highs - Lloyds prices TSB IPO well below book value techMARK 2,850.52 -0.04% FTSE 100 6,870.36 +0.18% FTSE 250 16,191.67 -0.25% Upbeat economic data from across the globe and
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