Morgan Sindall wins Scottish work
21st Mar 2011 15:38
Morgan Sindall is one of the appointed contractors to two housing association framework contracts in Scotland worth a total of £210m. Morgan Sindall's subsidiary Lovell is one of six construction partners on the Port of Leith Housing Association Consortium's framework, which is worth up to £130m o
Read moreWednesday tips round-up: Anglo American, Informa, Devro...
23rd Feb 2011 06:43
Anglo American has a clear growth strategy, with a pipeline of 60 projects requiring $70bn of investment. It plans to double production of its commodities over the next decade. Anglo's Barro Alto nickel project in Brazil will begin production imminently and its Los Bronces copper expansion in Chil
Read moreLondon close: Rally falls short as Libya casts shadow
22nd Feb 2011 17:00
Strong consumer confidence figures in the US sparked an impressive rally from the top share index this afternoon following earlier gloom over the Libyan turmoil and the higher oil price, but worries re-emerged and the FTSE 100 finished below 6,000. BHP Billiton is one of those that has limped into
Read moreLondon afternoon: Modest rally continues
22nd Feb 2011 14:12
Shares continued to pare the morning's losses over the lunch time trading session, and from a position at the mid-morning stage where only five FTSE 100 constituents were in positive territory, by 2pm that number had grown to around 20. BHP Billiton is one of those that has limped into the black. T
Read moreMorgan Sindall profit falls
22nd Feb 2011 07:25
Construction and regeneration group Morgan Sindall posted a 9% fall in annual pre-tax profit as the challenging trading environment continues to hurt its performance. Pre-tax profit fell to £40.7m for the year ended 31 December 2010 from £44.7m the year before. Revenue for the year was down 5% at
Read moreMorgan Sindall wins £25m contract
7th Feb 2011 15:13
Construction firm Morgan Sindall has won a £25m sustainable housing contract in Hackney. The contract covers two new sustainable housing schemes for Hackney Council that will create 149 homes. These homes have to be 44% more efficient that it they had been built to current building regulations.
Read moreLondon close: Miners hold back FTSE 100
10th Jan 2011 17:01
The top share index was firmly in negative territory at the close of trading, despite M&A excitement concerning Smith & Nephew The joint replacement specialist jumped more than 10% following reports it turned down a bid approach from US rival Johnson & Johnson just before Christmas. Sticking with
Read moreSector movers: Smith & Nephew boosts healthcare higher
10th Jan 2011 16:05
Shares in artificial joint specialist Smith & Nephew have pressured the healthcare equipment and services sector higher after widespread reports that it rejected a bid approach from giant US rival Johnson & Johnson just before Christmas. J&J is said to have offered about 750p per share, valuing th
Read moreLondon afternoon: Miners a drag
10th Jan 2011 14:20
Footsie moved sideways over the lunch time trading session. Mining stocks continue to weigh the blue-chip index down, but oil stocks provide some cheer. A decline in copper imports into commodity-hungry China sent prices for the red metal lower. Kazakhmys, which transports copper from its Kazakhsta
Read moreLondon midday: FTSE 100 stuck lower
10th Jan 2011 12:11
Shares remain rooted in negative territory in spite of a big jump from artificial joint specialist Smith & Nephew following reports of an offer from Johnson & Johnson. Miners are holding back the top share index. A decline in copper imports into commodity-hungry China sent prices for the red metal
Read moreLondon open: Poor start to week
10th Jan 2011 08:23
A fresh round of takeover speculation and well-received numbers from Morrisons hasn't been enough to cancel losses across the mining sector. Artificial joint specialist Smith & Nephew rallied Monday following reports it turned down a bid approach from US rival Johnson & Johnson just before Christma
Read moreBalfour Beatty to dig Crossrail tunnel
10th Jan 2011 08:02
A Balfour Beatty joint venture has won the £235m Whitechapel and Liverpool Street Station tunnels contract, which forms part of the huge Crossrail project. The infrastructure group has teamed up with Austria's Alpine BeMo Tunnelling, Morgan Sindall and Vinci Construction to do its bit of the new ra
Read moreThursday tips round-up: Pearson, SuperGroup, Morgan Sindall
16th Dec 2010 06:31
Pearson still derives 75% of its revenue from print, whether that is school books, copies of the Financial Times or hit titles such as Superfreakonomics. It would be natural to assume that the publisher is in danger of coming unstuck during the undoubtedly bumpy transition to digital from paper.With
Read moreMorgan Sindall 'well placed' for 2011 challenges
15th Dec 2010 07:27
Construction and regeneration firm Morgan Sindall said it remains on track to achieve company expectations for the current year. "Our order book remains consistent with the position at the half year, providing us with good, long-term visibility," the group said in a company statement. The Constr
Read moreConnaught purchase to boost Morgan Sindall
9th Nov 2010 15:56
Morgan Sindall, the construction and regeneration specialist that recently bought some assets of collapsed rival Connaught, said trading conditions have remained challenging in the second half of the year. Despite the tough conditions, the group remains on track to meet full year expectations and b
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