Costain Sees Trading In Line With Views
30th Jun 2010 07:12
LONDON (Dow Jones)--Costain Group PLC (COST.LN), said Wednesday that it has continued to perform in-line with the board's expectations as a result of a number of significant new contract awards since the beginning of the year, and the group has a forward order book of GBP2.5 billion. MAIN FACTS:
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING
29th Jun 2010 13:31
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1231 GMT [Dow Jones] Investec keeps Costain Group (COST.LN) at buy, while cutting its target price to 490p from 510p. Note
Read moreMARKET TALK: Investec Cuts Costain Target Price; Still Buy
29th Jun 2010 13:31
1231 GMT [Dow Jones] Investec keeps Costain Group (COST.LN) at buy, while cutting its target price to 490p from 510p. Notes drop in share price amid fears of public spending cuts, but "the lack of cuts to capital spending in the budget and the restated commitment to the GBP16Bln Crossrail project un
Read moreMARKET TALK: Kier, Costain To Benefit After Emergency Budget
23rd Jun 2010 10:43
0943 GMT [Dow Jones] Kier (KIE.LN) and Costain (COST.LN) are likely to benefit the most from the better than feared outlook for the construction and materials sector, following the UK emergency budget, says Investec. Says the budget signaled no further cuts to the sector and included the formation o
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
23rd Jun 2010 10:43
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0943 GMT [Dow Jones] Kier (KIE.LN) and Costain (COST.LN) are likely to benefit the most from the better than feared outloo
Read moreMARKET TALK: Costain Offers Significant Upside - Arbuthnot
21st Jun 2010 15:19
1419 GMT [Dow Jones] Costain's (COST.LN) ability to ride out the likely public sector spending cuts is being underestimated by the market, says Arbuthnot, maintaining its strong buy recommendation. Estimates that even if there was a 50% cut in government-related construction spend, it would impact 2
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
21st Jun 2010 15:19
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1419 GMT [Dow Jones] Costain's (COST.LN) ability to ride out the likely public sector spending cuts is being underestimate
Read moreCostain profit falls, increases divi
10th Mar 2010 08:06
Engineering and construction group Costain revealed a decline in annual pre-tax profit after it was hit by increased pension interest charge. However the group cheered investors by recommending a final dividend for the year of 0.55p per share, up 10% from the previous year. Profit before tax fell
Read moreWednesday preview: Standard Life, Costain, ReneSola
9th Mar 2010 18:04
Life group Standard Life has already indicated 2009 worldwide life and pension sales on a present value of new business premium basis (PVNBP) fell by just 7% to £14.7bn, much better than expected. Charles Stanley expects eps of 21.4p, down from 29.8p and a dividend of 12p when numbers are unveiled
Read moreLondon close: Footsie hits 18-month high
5th Mar 2010 17:00
Strong economic data from the US sent Footsie to its highest levels since late 2008. The leading share index closed a whisker shy of the 5,600 point mark. A much better than feared read on US non-payrolls sparked the surge. The US jobs figures showed 36,000 jobs were lost in February, compared wit
Read moreLondon afternoon: Footsie through 5,600, 18-month high
5th Mar 2010 16:07
London's blue-chips have surged forward to an 18-month high and climbed above 5,600 for the first time since late 2008. A much better than feared read on US non-payrolls has spaeked today's surge, with the Dow adding 100 points and miners surging higher alongside bank shares. The US jobs figures s
Read moreLondon midday: Footsie powers on
5th Mar 2010 11:58
London's blue-chips are nearing a 52-week high on renewed optimism over the banks, a good morning for miners and despite a mixed read on UK factory gate inflation. The cost of goods at the factory gates in February was 4.1% higher than a year earlier, a tad above the 4% annual gain expected by eco
Read moreCostain starts digging Crossrail tunnel
5th Mar 2010 08:21
Costain and joint venture partner Skanska has won a £15m contract to build the Royal Oak Portal, the first tunnel-related construction contract for London's Crossrail project. Work on the tunnel, near to Paddington main line station, will start straight away. It will act as the transition ramp for
Read moreLondon close: Footsie flatlines
7th Jan 2010 16:46
A late afternoon rally fizzled out to leave London's blue chip index little changed on the day. Banks emerged from a sticky start as the day's best performers led by Barclays and Lloyds Bank, which both received decent write-ups in an otherwise cautious broker note from Keefe, Bruyette & Woods. It
Read moreLondon afternoon: Banks defy broker gloom
7th Jan 2010 14:27
Leading shares are mixed, with the Footsie barely changed now miners have recovered from a weak showing in the morning session to show gains in the afternoon. Kazakhmys and Fresnillo lead the mining sector but their gains are surpassed by two stocks from the banking sector where Barclays and Lloyds
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