London pre-open: Small gains expected early on
10th Feb 2014 07:24
UK stocks are expected to open with small gains on Monday, tracking a decent performance from Asian markets overnight and a strong finish on Wall Street on Friday. City sources predict the FTSE 100 will open 23 points higher than yesterday's close of 6,571.68. "These minor gains have led many to
Read moreHICL on course for dividend target after in-line third quarter
10th Feb 2014 07:07
Infrastructure investment group HICL Infrastructure said that its portfolio performed as expected in the third quarter and that the investment pipeline remains healthy. "The group's performance and cash generation gives the board confidence in the company's ability to deliver the 7.1p-per-share di
Read moreHICL invests in two new social infrastructure projects
27th Jan 2014 08:00
Investment group HICL Infrastructure has made two new acquisitions worth a total of 23.5m pounds, investing in the Holdfast Training Services Limited and the Sheffield BSF Schools project. The company has acquired a 26% stake in Holdfast, a public private partnership joint venture with support serv
Read moreHICL increases stake in three projects, disposes of two others
15th Jan 2014 09:36
Infrastructure company HICL has acquired incremental stakes in three existing investments, and disposed of interests in two other projects. The group earned net disposal proceeds of £5.8m for the transactions, which saw the group increase its stake in the Derby Schools, Newport Schools and Medway
Read moreHICL acquires two French investments
14th Jan 2014 07:57
HICL Infrastructure Company on Tuesday announced the acquisition of two new investments in France. The first is an 85% interest in the University of Bourgogne public private partnership (PPP), under which it will design, construct, finance and maintain four new academic buildings. HICL acquired
Read moreLondon pre-open: Flat start ahead of busy week for FTSE
6th Jan 2014 07:26
City sources predict the FTSE 100 will open down one point from Friday's close of 6,730.67 as investors gear up for a busy week, with trading set to pick up following the quiet festive period. Over in the US, stocks ended mixed on Friday on a low-volume day as investors digested comments from out-
Read moreHICL Infrastructure confirms position under new FCA rules
6th Jan 2014 07:03
HICL Infrastructure Company on Monday issued a statement on changes to the Financial Conduct Authority (FCA) rules relating to the restrictions on the retail distribution of unregulated collective investment schemes and close substitutes. The new rules came into effect on January 1st of this year.
Read moreWednesday broker round-up UPDATE
4th Dec 2013 09:21
Afren: FinnCap lowers target price from 170p to 165p and downgrades to hold. Amlin: Espirito Santo upgrades to buy with a target price of 509p. Betfair: Citi raises target price from 1150p to 1225p maintaining a buy recommendation. Brewin Dolphin: Canaccord Genuity increases target price from 285
Read moreLondon pre-open: FTSE called to open lower ahead of Fed and BoE minutes
20th Nov 2013 07:33
City sources predict the FTSE 100 will open around 21 points lower than yesterday's close of 6,698.01, ahead of the release of the minutes from both the Bank of England and the latest meeting of the US Federal Reserve. The Federal Open Market Committee's meeting should offer further insight behind
Read moreHICL Infrastructure NAV rises 3.2p per share
20th Nov 2013 07:08
- NAV rises by 3.2p per share - Promising pipeline of investment opportunities - Interim dividend of 3.5p compared to 3.425p previously Infrastructure investor HICL Infrastructure said net asset value (NAV) rose 3.2p per share during the first half of its financial year and revealed the pipeline of
Read moreLondon pre-open: Modest extension to last week's strong gains
21st Oct 2013 07:30
City sources predict the FTSE 100 will open around nine points higher than Friday's close of 6,622.58, providing a modest extension to last week's gains on hopes of a near-term continuation of US stimulus and a pick-up in Chinese growth. It was revealed on Friday thatChinese gross domestic product
Read moreHICL invests in hospital and school projects
21st Oct 2013 07:04
HICL Infrastructure has invested in two social infrastructure projects in the UK that will build a new children's hospital and four new secondary schools. The investment firm has paid a combined £9.2m for a 50% shareholding in the Brighton Children's Hospital Project and a 29.1% stake in the Falkir
Read moreLondon pre-open: Small rebound expected early on
29th Aug 2013 07:26
UK markets are expected to open slightly higher on Thursday, following in the footsteps of a decent finish on Wall Street the night before following weakness earlier on in the week. Markets have been pressured lower in recent days on concerns about a potential Western military intervention in Syria
Read moreHICL to invest 1.9m pounds in new Birmingham dental hospital
19th Aug 2013 10:50
HICL Infrastructure Company has unveiled plans to invest nearly two million pounds in the development of the new Birmingham Dental Hospital & School of Dentistry. The 15,465m2 four-storey building is the first integrated, stand-alone dental hospital and dental school to be built in the UK for almo
Read moreHICL acquires four new investments
1st Jul 2013 09:37
HICL Infrastructure Company has acquired four new investments for a combined consideration of 107.9m pounds. Investments include a 50% interest in the Salford Hospital PFI Project from Balfour Beatty, a 33.33% stake in the Miles Platting Social Housing PFI Project from Morgan Sindall, a 75% holding
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