Sunday share tips: Lookers, G4S, Galliford Try
23rd Sep 2012 16:26
The shares of Lookers, the car dealership, were weak last week, as the 17.3 per cent stake owned by Trefick was sold off in an orderly manner. The sale came after two failed takeover attempts last year. Indeed, with the share hitting a high of 73½p early last week, it looks like the board was correc
Read moreGalliford Try Finance Director sells as firm doubles divi
19th Sep 2012 16:40
Frank Nelson, the Finance Director of Galliford Try, the house-building and construction firm, has sold 80,000 shares on the same day the company reported soaring profits in the year ended June 30th. Nelson, who was appointed to the board in 2000, traded in the shares at 686.63p each for a total o
Read moreLondon close: Late rally fizzles
18th Sep 2012 16:50
A late rally which briefly looked like it might see Footsie venture into positive territory for the first time all day was nipped in the bud right at the death. Equities had a dull but fretful day, which started with concerns over China becoming involved in a trade war with the US and a military wa
Read moreFTSE 250 movers: Galliford soars as divi almost doubles
18th Sep 2012 14:47
House-building and construction firm Galliford Try saw in the top spot after it saw profits soar last year, paving the way for its full-year dividend pay-out to almost double. Group revenue in the year ended June 30th rose 17% to £1,504m from £1,284m the year before. Profit before tax surged 80% t
Read moreBroker tips: British American Tobacco, Imperial, Galliford, StanChart
18th Sep 2012 12:17
After reviewing key news-flow across the industry in the prior month as well as the latest market data for Spain and Japan cigarettes, Swedish and US smokeless, and US cigars, analysts at Nomura have up-dated their forecasts and price targets for the companies within this sector where appropriate.
Read moreLondon midday: Stocks pare losses after in-line macro data
18th Sep 2012 12:06
Inflation data was in line with forecasts while the Spanish debt auction went as well as could be expected, prompting London equities to claw back some of the losses seen in early trading The Consumer Prices Index (CPI) measure of inflation dropped to 2.5% in August, down from 2.6% in July, helped
Read moreBroker snap: Peel Hunt sees material increase in Galliford´s target
18th Sep 2012 11:52
Analysts at Peel Hunt have today issued a relatively upbeat note on shares of house-building and construction outfit Galliford. In their own words, "The three-year growth plan has more than delivered, with profit before tax (PBT) of £63m. Driving for a 300 basis-point gain in margins over and abov
Read moreLondon open: Stocks retreat ahead of inflation update
18th Sep 2012 08:54
London has opened lower ahead of this morning's inflation figures, with tensions in China putting investors in a cautious frame of mind. There are signs that US President Barack Obama may be keen to pick a fight with China over US jobs. Obama launched action at the World Trade Organisation (WTO) to
Read moreGalliford Try gives itself well-deserved pat on the back
18th Sep 2012 07:59
Galliford Try, the house-building and construction firm, has made good on its pledge to dish out more dosh to shareholders, after a sparkling set of full year results. The group's need for cash is not as marked as it once was, so the board intends to pay out around half of retained earnings in the
Read moreLondon pre-open: Stocks to slide as Chinese tensions rise
18th Sep 2012 07:13
London is set to follow Wall Street lower at the outset, with sentiment likely to be dampened by geopolitical concerns. There are signs that US President Barack Obama may be keen to pick a fight with China over US jobs. Obama launched action at the World Trade Organisation (WTO) to stop Chinese aut
Read moreGalliford Try sparkles
18th Sep 2012 07:03
House-building and construction firm Galliford Try saw profits soar last year, paving the way for its full-year dividend pay-out to almost double. Group revenue in the year ended June 30th rose 17% to £1,504m from £1,284m the year before. Profit before tax surged 80% to £63.1m from £35.1m the pre
Read moreTuesday preview: Inflation, Galliford Try, Debenhams
17th Sep 2012 18:22
Inflation will be in focus on Tuesday, not only because of the release of August's consumer price index (CPI) data, but also because of the publication of the minutes of the Consumer Prices Advisory Committee (CPAC) meeting. "The results of the CPAC discussions are widely anticipated in UK inflatio
Read moreGalliford Try wins two building contracts
13th Sep 2012 07:30
House-building and construction firm Galliford Try has won two building contracts worth a total of 41m million pounds. Grainger has appointed Galliford to build a mixed-use project at Macaulay Road in Central London for £23m. The company will build 11 buildings, including a four-storey office dev
Read moreGalliford Try lands a ton of affordable housing contracts
10th Sep 2012 07:16
Galliford Try, the housebuilding and construction group, has secured a parcel of contacts in the affordable housing sector, two of which are in the East End of London, near the Olympic stadium. The contracts are worth around £100m in total. The first is for Gallions Quarter development in East Lo
Read moreSector movers: SSE sparks electricity sector
22nd Aug 2012 16:25
Utility giant SSE was making gains on Wednesday afternoon, providing a lift to the electricity sector in London, after announcing that it has hiked its gas and electricity bills for customers. Prices for SSE's household customers in the UK are to increase on average by nine per cent for both electr
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