MJ Gleeson Sells Powerminster Unit For GBP6.6M
30th Jun 2010 16:13
LONDON (Dow Jones)--MJ Gleeson (GLE.LN), an urban regeneration and strategic land specialist, announced Wednesday the disposal of Powerminster to Morgan Sindall Group Plc (MGNS.LN), a U.K. construction and regeneration group, for a cash consideration of GBP6.6 million. MAIN FACTS: -Powermins
Read moreUK SMALLCAP ROUNDUP: Photo-Me Fined GBP500,000 By FSA
21st Jun 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps PHOTO-ME INTERNATIONAL PLC (PHTM.LN), a photo booth operator, was Monday fined GBP500,000 by the U.K. Financial Services Authority for failing to keep in
Read moreUK SMALLCAP ROUNDUP: GW Pharm Seeks More EU Sativex Approvals
21st Jun 2010 08:53
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps GW PHARMACEUTICALS PLC (GWP.LN), a drug company, Monday said it will apply to sell multiple sclerosis medicine Sativex in other European countries during
Read moreMorgan Sindall Gets GBP95.4 Mln Mental Healthcare Project
21st Jun 2010 07:13
LONDON (Dow Jones)--U.K. construction and regeneration group Morgan Sindall Group PLC (MGNS.LN) Monday said it has received a GBP95.4 million contract to design and build the Tayside Acute Adult Mental Health Developments scheme in Scotland. The company will work on behalf of NHS Tayside and th
Read moreRound-up: Yule Catto, Brit Insurance, Morgan Sindall...
6th May 2010 15:01
Chemicals group Yule Catto has made a good start to the year with first quarter profit comfortably ahead of last year. In the core polymer chemicals, volumes were over 10% up on prior year, strongly ahead of the weak first quarter of 2009. Looking forward, Yule expects to see continuing strong de
Read moreMid-cap round up: Morgan Sindall, Petrofac, Lipoxen
1st Apr 2010 14:42
Morgan Sindall, the construction and regeneration group, said its Infrastructure Services division has been selected by E.ON for a 10-year framework contract, covering E.ON's Central Networks eastern region, with an estimated value of £500m. The programme of works will include capital asset replace
Read moreMorgan Sindall in Gloucester contract award
25th Feb 2010 13:58
Lovell, the affordable housing arm of Morgan Sindall, has won a five-year housing repairs and maintenance contract from Gloucester City Homes. The contract is worth £30m and requires Lovell to provide a proactive repairs service and deliver planned maintenance programmes on behalf of Gloucester Cit
Read moreLondon close: Footsie suffers lack of confidence
23rd Feb 2010 16:21
A terrible report on US consumer confidence sent Wall Street spiralling lower, dragging London's leading index deep into the red late on. UK shares started well enough, but weakened steadily through the morning and spent much of the afternoon dipping in and out of negative territory until the US da
Read moreLondon afternoon: Stocks drift lower
23rd Feb 2010 15:16
A weak opening on Wall Street has dragged Footsie lower, though the number of fallers among the blue-chip index's constituents barely outnumbers the risers. Wolseley is leading the risers, after surprising the market with an unscheduled trading update. The building supplies group said it expects p
Read moreLondon midday: Leading shares mixed
23rd Feb 2010 12:13
For the second day in succession the FTSE 100 has turned lower after a moderately bright start. Comments on the fragility of the UK economy from Bank of England governor Mervyn King have given investors pause for thought. King, appearing before a parliamentary committee, said: 'There have been some
Read moreLondon open: Shares start strongly
23rd Feb 2010 08:38
Shares have started strongly as company updates are given a warm reception. Shares in Wolseley jumped after the building supplies group said it expects profits for the year to 31 July 2010 to exceed analysts' expectations of £326m. However, it said the better than expected earnings will be due to
Read moreMorgan Sindall sees softer public spending
23rd Feb 2010 07:57
Construction and regeneration specialist Morgan Sindall saw profits slide in 2009 but the cash rich company is drawing comfort from its strong order book which should enable the company to ‘offset some of the effect of weakening public spending demand.’ Profit before tax and amortisation for 2009
Read moreTuesday preview: Drax, Croda, Morgan Sindall
22nd Feb 2010 17:20
Drax, operator of the UK's largest coal-fired power station, is set to report a sharp drop in full year pre-tax profits on Tuesday, with the investment analyst community expecting a figure of around £266.1m, compared to £442.5m in 2008. Revenue is expected to ease to £1,356.0m from £1,752.8m. Full
Read moreMorgan Sindall starts on Greenock development
2nd Feb 2010 15:04
Regeneration and construction specialist Morgan Sindall said its affordable housing division, Lovell, has started work on a £22m development for River Clyde Homes. The development is the first phase of a four-part framework agreement with River Clyde Homes and entails the construction of 195 homes
Read moreInchcape chairman buys
22nd Dec 2009 16:07
Inchcape non-executive chairman Ken Hanna has nearly doubled his stake in the vehicle distributor and dealer. Hanna has acquired 330,000 shares at 29.58p each, costing a total of £97,614. That takes his stake to 700,000 shares. Hanna acquired 333,000 shares at 6p each in April's rights issue. T
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