London close: Stocks cling on to gains

2nd Jul 2010 16:57

Leading shares went into a swoon in the final two hours of the trading session, taking their lead from the US which, after spending a while to analyse the non-farm payrolls data, moved lower. Despite coming off the top in late afternoon Footsie finished the day in positive territory, largely due t

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London afternoon: Shares recover from US jobs jolt

2nd Jul 2010 14:16

The release of US jobs data checked Footsie's rise, prompting a 25 point fall in a matter of minutes, but the blue-chip index has since resumed its cautious climb. US jobs data for June came in worse than expected overall, but it was a mixed message with the unemployment rate falling to a 12-month

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UK SMALLCAP ROUNDUP: Ceres Power's Boiler Trials Delayed Again

2nd Jul 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 CERES POWER HOLDINGS PLC (CWR.LN), a fuel cell company, Friday announced another delay to the trial of its combined heat-and-power boilers in people's ho

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London midday: Stocks steady ahead of US jobless

2nd Jul 2010 12:22

Footsie ended the morning on or around its high for the day but trading is quiet ahead of the release this afternoon of the US non-farm payrolls data. Resource stocks continue to lead the way while banks claw back some of their recent losses as fears over European banks' balance sheets recedes. Da

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UK SMALLCAP ROUNDUP: Chloride Recommends Emerson's GBP997M Offer

2nd Jul 2010 09:30

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 CHLORIDE GROUP PLC (CHLD.LN), a maker of secure power systems, recommended shareholders accept a GBP997 million takeover offer from U.S. power and industr

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Morgan Sindall Orders At GBP3.5 Billion; Pipeline Healthy

2nd Jul 2010 08:03

LONDON (Dow Jones)--Construction company Morgan Sindall Group PLC (MGNS.LN) Friday said it has GBP3.5 billion of orders and that it is pursuing a healthy pipeline of infrastructure opportunities. Morgan Sindall said orders increased to GBP3.5 billion from GBP3.2 billion at the beginning of the y

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Morgan Sindall says full-year on track

2nd Jul 2010 07:52

Morgan Sindall, the construction and regeneration group, said the positive start to the year has continued and it remains on track to meet full-year expectations. Improvements in underlying trading is anticipated to offset the estimated £2m net cost of the integration of the Construction and Infras

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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

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UK 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

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UK 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

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Morgan 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

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Round-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

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Mid-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

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Morgan 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

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London 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

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