Galliford wins three new contracts
26th Mar 2012 08:09
Galliford Try, the housebuilding and construction group, has won three new contracts in the commercial building sector worth 49.4 million pounds. In central London, the firm has been chosen by Green Property to build 100,000 sq ft of Category A office space in the St James's Park area in a contract
Read moreCapital contract wins for Galliford Try
20th Mar 2012 07:34
Construction firm Galliford Try has announced a number of contract wins in the Greater London area for its Partnerships business. The group has bagged contracts worth more than £56m in public building and affordable housing contracts in London. They include a £27m development in White City, includi
Read moreGalliford Try CEO buys shares while his other firm sells
13th Mar 2012 16:13
Greg Fitzgerald, the Chief Executive of Galliford Try, the FTSE 250 housebuilding and construction firm, has topped up his stake in the company. The director bought almost £50,000-worth of shares in the firm at the same time Crownway Builders, a company in which Fitzgerald owns 37.5%, sold off mor
Read moreCable and Wireless Comms CEO stocks up
12th Mar 2012 15:33
Tony Rice, the Chief Executive Officer of Cable and Wireless Commnutications, has bought up a chunk of shares in the firm, taking advantage of the stock's ongoing decreased share price. Rice, who last year earned $1.08m in a basic pay, cash bonuses of $466,000, and $2.6m from the firm's five-year
Read moreGalliford Try scores double contract win
5th Mar 2012 08:01
Galliford Try, the housebuilding and construction group, announces that it has been awarded a pair of contracts by Yorkshire Water to upgrade the Blackburn Meadows waste water treatment plant in Sheffield. The larger of the contracts is worth £31m and will ensure that Blackburn Meadows meets the re
Read moreThursday broker round-up - UPDATE
1st Mar 2012 09:33
RBS: Berenberg downgrades to sell from buy. Randgold Resources: Nomura maintains buy rating and 9,850p target. BG Group: Nomura maintains buy rating and 1,865p target. WPP: Nomura maintains buy rating and 990p target. BAE Systems: UBS ups target from 320p to 360p, buy rating unchanged. Capita:
Read moreGalliford Try Finance Director sells half his stake
24th Feb 2012 15:30
Galliford Try's Finance Director has made the most of recent gains on the stock's share price, selling more than half his stake in the firm. Frank Nelson disposed of 85,000 shares in the housbuilding and construction firm for 547.70p each, earning himself a total of £465,545 and leaving him with 7
Read moreLondon close: Losses pared, but stocks still down on macro worries
22nd Feb 2012 16:32
- Risk of a Eurozone recession increase as PMIs show contraction. - Fitch downgrades Greece from CCC to C. - Rexam up 7pc after FY results, Vedanta falls 5pc after yesterday's surge. Stocks rallied in afternoon trade in London, recovering from the slump experienced in mid-morning. However, the Foot
Read moreFTSE 250 movers: Galliford leaps on divi raise
22nd Feb 2012 14:27
Housebuilding and construction firm Galliford Try rose to pole position after reporting that it had doubled its interim dividend and delivered strong profit growth. Pre-tax profit rose to £32.2m for the half year ended 31 December 2011 from £17m the same time a year earlier. Group revenue climbed
Read moreLondon midday: Stocks fall as Fitch downgrades Greece
22nd Feb 2012 11:47
- Fitch downgrades Greece from 'CCC' to 'C'. - MPC divided on level of QE. - Vedanta pulls back after yesterday's strong surge. UK stocks fell further into the red by midday after Fitch downgraded Greece's sovereign debt rating. While the decision was unarguably crucial to help the heavily-indebted
Read moreBroker tips: Vedanta Resources, Galliford Try, Oil stocks
22nd Feb 2012 11:25
Credit Suisse believes that a major restructuring within the businesses of miner Vedanta Resources would be a "strong positive" and continues to see significant upside in the stock. Credit Suisse said that "if the reports are correct and a merger is successful it would not change group consolidate
Read moreBroker snap: Panmure ups numbers for Galliford Try after first-half beat
22nd Feb 2012 11:23
Housebuilding and construction firm Galliford Try surged higher this morning on the back of its interim results, with the rise being helped by Panmure Gordon, which upped its price target for the firm from 581p to 590p. The company reported that pre-tax profit rose to £32.2m for the half year ended
Read moreWednesday broker round-up - UPDATE
22nd Feb 2012 09:32
Vodafone: Credit Suisse cuts target from 175p to 170p, outperform rating kept. Vedanta Resources: Credit Suisse maintains neutral rating and 1,400p target. AMEC: UBS raises target from 1,225p to 1,325p, buy rating unchanged; Nomura raises target from 1,130p to 1,240p, buy rating unchanged. HSBC:
Read moreLondon open: Footsie slips as ex-div stocks provide a drag
22nd Feb 2012 08:35
- Shell makes near-£1bn bid for Cove Energy. - Markets digest Greek bailout, China data. - Ex-div stocks provide a drag. The FTSE 100 slipped slightly into the red in the opening hour on Wednesday as investors continue to digest the Greek bailout approved on Monday night. Meanwhile, Chinese manufac
Read moreGalliford Try doubles divi as profits soar
22nd Feb 2012 07:20
Housebuilding and construction firm Galliford Try doubled its interim dividend and delivered strong profit growth. Pre-tax profit rose to £32.2m for the half year ended 31 December 2011 from £17m the same time a year earlier. Group revenue climbed to £746.8m from £575.9m previously. Galliford
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