Morgan Sindall lands tunnel job
21st Dec 2009 07:41
A joint venture led by construction and regeneration firm Morgan Sindall has been appointed preferred bidder for a Thames Water tunnelling project. The MVB joint venture, comprising Morgan Est, VINCI Construction Grands Projets and Bachy Soletanche, has been awarded the contract to deliver the £417
Read moreLondon close: Banks spooked by higher capital call
17th Dec 2009 16:34
Banks sank on a call for tougher capital requirements and coupled with a weak mining sector it meant a poor day in London. Lloyds Banking took a pasting, while Standard Chartered and Barclays were also among the worst performers. The Basel Committee of central bankers and supervisors called for st
Read moreLondon afternoon: Barclays hit by lawsuit
17th Dec 2009 13:55
Footsie remains deep in negative territory, and with US markets set to open lower, there is no prospect of a boost from Wall Street. Banks and miners are responsible for much of the blue-chip index's fall. Lloyds Banking is leading the fallers, while Standard Chartered and Barclays are also among t
Read moreFTSE 250 movers: Savills in demand
17th Dec 2009 12:12
Estate agent Savills is one of the top risers after saying it expects underlying performance for 2009 to be significantly ahead of its previous forecasts. However, it remains cautious about the sustainability of the current performance of UK residential and Asia Pacific transaction markets in 2010.
Read moreLondon midday: Shares slip as banks and miners slide
17th Dec 2009 12:09
Falls across the board for the heavyweight bank and mining sectors are keeping Footsie firmly in the red. Lloyds Banking is leading the blue chip fallers, while Standard Chartered and Barclays are also among the worst performers. Among the miners, Antofagasta, Eurasian Natural Resources and Xstrat
Read moreLondon open: Banks and miners lead fall
17th Dec 2009 08:49
Weak miners and banking shares are leading London's top stocks lower in early dealings on Thursday. UK shares were expected to start the session in the red after Wall Street fell following the latest Federal Reserve rate decision and stimulus update. The central bank said interest rates would stay
Read moreLondon pre-open: Weak start on the cards
17th Dec 2009 07:35
UK shares looks set to start the session in the red after Wall Street fell following the latest Federal Reserve rate decision and stimulus update. The central bank said interest rates would stay low for some time, although it upgraded its estimate for the US economy and will continue to rein back s
Read moreOrder book eases at Morgan Sindall
17th Dec 2009 07:12
Construction and regeneration group Morgan Sindall is still on track to meet expectations for the current year. The group's Fit Out division is still trading strongly, with margins remaining healthy, while the level of tendering activity is on the rise. The Construction division continues to see v
Read moreEx-Microsoft man joins Morgan Sindall
27th Nov 2009 07:49
Ex-Microsoft big wheel Patrick De Smedt has joined construction and regeneration group Morgan Sindall as a non-executive director. De Smedt, who holds a degree in commercial engineering, was chairman of Microsoft’s Europe, Middle East and Africa division from 2003 until his retirement in 2006. Af
Read moreFTSE 250 movers: Cookson leads the way
10th Nov 2009 10:51
Shares in Cookson are the best performing in the FTSE 250 after the engineer and ceramics group said it expects trading profit this year will be at the upper end of market forecasts and near to £110m after a stronger than anticipated rally in sales over the past three months. Investors have given t
Read moreMorgan Sindall looking for bigger jobs
10th Nov 2009 08:56
The forward order book has fallen slightly at construction and regeneration group Morgan Sindall but the group remains on track to hit 2009 targets. The order book of £3.4bn, though down slightly from the half-year stage, is supplemented by a pipeline of £900m of projects at the preferred bidder st
Read moreLondon close: Footsie gleams on commodity strength
4th Nov 2009 16:18
A rush into miners, triple-digit rally on Wall Street and welcome numbers from two of Britain's largest retailers catapulted London higher Wednesday. Fresnillo took the blue chip risers' crown, up sharply as renewed dollar weakness benefited commodity prices. Kazakhmys, Xstrata and Rio Tinto also
Read moreLondon afternoon: Gains extended
4th Nov 2009 14:19
Expectations of a firmer start on Wall Street encouraged UK blue-chip prices to kick on over the lunch-time session, with miners and stores still leading the way, In the head to head battle between M&S and Next, shares in the latter are performing slightly better after the fashion chain upped its g
Read moreLondon midday: London enjoys retail therapy
4th Nov 2009 12:05
Retail news dominated the morning trading session with well received results from two major retailers plus a cautiously upbeat trading update from shopping centre owner Liberty. High street giant Marks & Spencer produced interim results right at the top of expectations, with underlying profits risi
Read moreMorgan Sindall preferred bidder for £400m deal
4th Nov 2009 08:23
Construction and regeneration group Morgan Sindall said Esteem, a joint venture comprising Morgan Sindall Investments (MSIL), Robertson Capital Projects and the Sewell Group, has been appointed as preferred bidder by Hull City Council for their £400m PFI Building Schools for the Future (BSF) program
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