Serco wins enhanced Dubai Airport contract
15th Jun 2009 07:09
Support services group Serco has renewed and expanded its contract for air traffic services at Dubai International Airport. The new contract is valued at £245m over a longer period of ten years. Under the new agreement, Serco is responsible for a key range of core services to ensure the smooth flo
Read moreLSL chief buys
12th Jun 2009 16:46
Estate agent LSL Property Services said chief executive officer Simon Embley acquired 250,000 shares in the group. Embley has acquired the shares at 135p each, increasing his stake to 9.95m shares, or 9.56% of the group. Top Director Buys Symphony International Holdings (SIHL) Director name: M
Read moreSerco wins Plymouth hospital deal
5th Jun 2009 13:21
Outsource giant Serco has been awarded a contract worth £140m over 10 years to provide support services to the Plymouth Hospitals NHS Trust. The services include providing a helpdesk, ward housekeeping, porters, cleaning and staff catering, at the city's Derriford Hospital and the Royal Eye Infirma
Read moreWednesday tips round-up: Serco, Babcock, Stobart
13th May 2009 06:52
Outsource group Serco said yesterday that 2009 has started strongly and that it is on track to meet full-year expectations. The group trades at a deserved premium. The shares have come off a little since December, which now makes Serco a better punt. Buy says the Independent. There are some compell
Read moreLondon afternoon: Back in the blue
12th May 2009 14:11
In keeping with the day's topsy-turvy theme, the Footsie is back in positive territory, despite the weakness of banks and miners. Royal Bank of Scotland, Lloyds Banking Group and Barclays are all easier after Credit Suisse suggested the margins of UK banks will come under pressure. In the mining
Read moreFTSE 100 movers: Credit Suisse knocks banks
12th May 2009 13:41
Credit Suisse unsettled the bank sector despite lifting its price targets on part-nationalised banks Royal Bank of Scotland and Lloyds Banking Group. Royal Bank of Scotland has had its target price increased from 25p to 30p, while Lloyds' price target is boosted to 65p from 45p, but both stocks hav
Read moreLondon open: Dull start for Footsie
12th May 2009 08:46
London's blue chips have opened lower as investors digest a string of trading statements and results. Pubs group Enterprise Inns has called time on its dividend as it seeks to pay down its debt pile. The company announced an interim pre-tax profit of £103m, in line with market expectations but down
Read moreLondon pre-open: Shares to drop
12th May 2009 07:42
London's blue chips look set to open lower with traders expecting Footsie to shed around 30 points early on. Pubs group Enterprise Inns has called time on its dividend as it seeks to pay down its debt pile. The company announced an interim pre-tax profit of £103m, in line with market expectations b
Read moreSerco still upbeat
12th May 2009 07:06
Shares in Serco moved ahead after the outsource giant reported a strong start to 2009, with £1bn in new contracts and preferred bidder status on another £250m-worth. New business wins in 2009 include a deal to help improve pathology services at London's Guy's and St Thomas' NHS Foundation Trust and
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