UK 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: 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 moreKier Group Makes Stephen Bowcott An Executive Director
17th Jun 2010 16:39
LONDON (Dow Jones)--Kier Group PLC (KIE.LN), a construction, development and service group, said Thursday that Stephen Bowcott, Managing Director of Kier Regional Ltd., has been appointed an executive director of Kier Group with effect from July 1. MAIN FACTS: -Bowcott, aged 55, rejoined the
Read moreTuesday tips round-up: Mitie, ITE, Kier
18th May 2010 06:44
Net debt of £87m gives outsourcer Mitie plenty of scope to pursue more acquisitions ? a topic on which it is making bullish noises. It is also taking its first tentative steps into continental Europe. At 238¼p, up 8¼p, or 12 times current-year earnings, Mitie has the longer-term potential to secur
Read moreSector movers: BP recovery lifts oil sector
17th May 2010 14:22
A slight recovery in the share price of BP has helped lift the oil sector. BP is reportedly hoping to fully stop the oil spill in the US Gulf of Mexico later this week. The group also said that a mile-long tube was funnelling a little more than 1000 barrel a day into a drill ship. Elsewhere in th
Read moreKier issues confident outlook
17th May 2010 07:42
Contractor and housebuilder Kier said it is trading in line with company expectations and is on track to deliver an 'encouraging underlying performance this year.' The group said its construction division has achieved good results in all of its key performance measures of cash, profits and order b
Read moreLondon close: Greek problems resurface
22nd Apr 2010 16:45
Worries about Greece's debt situation knocked global markets and kept Footsie in the red at the close. Greece's financial situation came under scrutiny again after the statistics agency Eurostat warned the country's 2009 budget deficit was 13.6%, more that the 12.7% previously estimated, and warned
Read moreLondon afternoon: No help from US
22nd Apr 2010 14:59
Footsie is not being helped by the US, which has started deep in the red, as worries about Greece's debt situation knocks global markets. Greece's financial situation is under scrutiny again after the statistics agency Eurostat warned the country's 2009 budget deficit was 13.6%, more that the 12.7
Read moreLondon midday: Greek worries resurface
22nd Apr 2010 11:56
Footsie remains deep in the red now as concerns about Greece's debt situation resurfaced. Greece's financial situation is under scrutiny again after the statistics agency Eurostat warned the country's 2009 budget deficit was 13.6%, more that the 12.7% previously estimated. Financials are the majo
Read moreKier wins fire stations contract
22nd Apr 2010 08:15
A consortium of which Kier Group is a member has been named as the preferred bidder on a £40m fire station project in Gloucestershire. The contracting firm said Gloucestershire County Council has chosen Blue 3, a consortium comprising Kier, Reliance and Calderpeel Carden Croft as co-investors, as p
Read moreLondon open: Shares slightly lower
22nd Apr 2010 08:13
London's top stocks have opened slightly lower after the US gave up most of its gains before trading closed last night. Bus and rail operator Arriva has agreed to be taken over by Germany's Deutsche Bahn in a £1.59bn deal that will create a new European transport giant. Under the terms of the deal,
Read moreCity of London founder buys shares
16th Apr 2010 16:43
City of London Investment Group founder Barry Olliff has acquired 50,000 shares in the asset management company. Olliff, who is chief executive, paid 265p a share, making his investment £132,500. Olliff, who owns 19.9% of AIM-quoted City of London Investment, has been a seller in recent months.
Read moreLiontrust executives buy following trading update
25th Mar 2010 16:54
Liontrust Asset Management's two executive directors have added to their shareholdings following the release of a trading statement for the year to March 2010. Chief executive Nigel Legge and chief operating officer and finance director Vinay Abrol each bought 180,039 shares at 105p a share. Legge
Read moreLondon close: Carnival provides lift
24th Feb 2010 16:55
Footsie closed slightly higher, with Carnival giving London's blue chips a lift after announcing that it is going to increase the price of its cruises. Carnival was leading the FTSE 100 higher after the cruise operator said it will be lifting ticket prices following strong reservations activity for
Read moreLondon afternoon: Stocks steady at higher levels
24th Feb 2010 14:12
London has moved into consolidation mode in the afternoon session, ahead of a moderately firmer opening on Wall Street. HSBC remains the top performer as reports circulate that the company is preparing to sell its train leasing business for around £2bn. Sentiment towards the bank is also sweetened
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