London pre-open: FTSE to open above 6,800

12th Sep 2014 07:43

London-listed stocks look set for a modest rise on Friday morning, following a mixed performance by global indices overnight. City sources predict the FTSE 100 will open around five points higher than Thursday's close of 6,799.62. US equity markets ended broadly flat after erasing early losses, wit

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Galliford Try and Costain win contracts with Southern Water

12th Sep 2014 07:03

Building groups Galliford Try and Costain have won infrastructure contracts together worth more than £400m from privately owned water and waste utility Southern Water. Galliford said a joint venture part-owned by its infrastructure business had been appointed by Southern Water to work on infrastruct

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London pre-open: FTSE to track gains in the US

11th Sep 2014 07:44

Blue chips are expected to begin the day on a positive note on Thursday, lifted by an upbeat performance in the US overnight and following comments from the Bank of England (BoE) Governor about the risk of Scottish independence on bank stability. City sources predict the FTSE 100 will open around 20

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Galliford wins three building contracts

11th Sep 2014 07:10

Housbuilding and construction group Galliford Try unveiled a trio of contract wins on Thursday worth more than £100m. In an agreement worth £47.6m, the group has been appointed selected panel member for the North and North East Lincolnshire batch of schools under the Education Funding Agency's (EFA'

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Galliford Try wins contract with Network Rail

9th Sep 2014 08:06

Housebuilding and construction group Galliford Try has been appointed to do building enhancements and property improvements across three of Network Rail Infrastructure Project's control period five (CP5) frameworks, which are valued at up to £250m over the next five years. The group's recently acqui

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London pre-open: UK stocks to edge higher ahead of economic data

3rd Sep 2014 07:46

UK stocks were expected to open slightly higher on Wednesday after three straight days in positive territory. However, gains were likely to be limited ahead of a raft of economic data, including services purchasing managers' indices (PMIs) from the Eurozone and UK, Eurozone retail sales and US fact

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Galliford Try wins two housing contracts worth £106m

3rd Sep 2014 07:12

Housebuilding and construction firm Galliford Try has been awarded two new affordable housing contracts worth a combined £106m. Galliford Try's Partnerships business has won its largest-ever single project, being selected by Notting Hill Housing to build the £81m Great Eastern Quays project in East

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Friday broker round-up UPDATE

8th Aug 2014 10:19

African Minerals: Canaccord Genuity cuts target price from 170p to 150p, while keeping its buy recommendation. AMEC: Credit Suisse reduces target price from 1250p to 1150p retaining a neutral rating. Nomura reduces target price from 1450p to 1250p staying with its buy recommendation. UBS cuts targe

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London pre-open: Strong session in Asia to lift FTSE early on

22nd Jul 2014 07:45

Tracking gains seen in Asia overnight, UK stocks are expected to recover from yesterday's losses with a rise of around 25 points above yesterday's close of 6,728.44. Growing geopolitical tensions in both Russia and Gaza pushed both UK and US stocks into the red in yesterday's session. The continue

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Galliford Try reaches financial close on two construction contracts

22nd Jul 2014 07:24

Galliford Try's Miller Construction business has reached financial close on two education contracts worth a combined £50.8m. The FTSE 250-listed group will construct the new Inverness Royal Academy as part of a £35.4m project and the Noss Primary School in Wick in a £15.4m project for Hub North Sc

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Mayor Boris Johnson drives new laws to release London land for housing

15th Jul 2014 14:38

UK housebuilders are optimistic that the Mayor of London, Boris Johnson, can push legislation through parliament that will accelerate the release of public land in the capital to build new homes. Currently in the rest of England outside London, the Homes & Communities Agency, the national housing a

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FTSE 250 movers: Ashmore lifted by strong set of fourth quarter results

10th Jul 2014 15:52

Much stronger net inflows and a better investment performance helped emerging markets asset manager Ashmore beat consensus forecasts for fourth-quarter assets under management and arrest the previous quarter's decline. Assets under management increased 7% during the quarter to $75bn, having declined

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Galliford Try acquires Miller Construction for £16.57m

10th Jul 2014 09:02

FTSE-250 construction group Galliford Try has acquired Miller Construction as part of its strategy to boost growth in its construction business. The acquisition, which was worth £16.57m, is expected to be earnings enhancing from June 2015. The firm said the transaction is anticipated to lift the

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Galliford Try to deliver profit at the upper end of expectations

9th Jul 2014 09:40

Construction group Galliford Try has revealed its full-year earnings are set to be at the upper end of analysts' estimates of £93m-£95m. It said its Linden Homes housebuilding division had performed strongly on higher prices and an increased margin, with a 15% jump in private sale prices to £305,0

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London pre-open: Modest rise ahead of another quiet day

8th Jul 2014 07:40

London's blue chips are set for a modest rise at today's opening bell, reversing some of yesterday's declines ahead of what is set to be another fairly quiet day in terms of both economic and equity news. City sources predict the FTSE 100 will open around seven points higher than yesterday's clos

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