FTSE 250 movers: Housebuilders extend Thursday's gains
22nd Nov 2013 15:51
Housebuilders continued to climb on the back of the latest UK tax figures which yesterday signalled a housing boom, with stamp duty revenues at the same level they were at just before the economic crisis in 2008. Essar Energy revealed it is one step closer to its FTSE inclusion after major shareho
Read moreLondon pre-open: Fed minutes to dampen sentiment
21st Nov 2013 07:29
City sources predict the FTSE 100 will open around 21 points lower than yesterday's close of 6,681.08, after minutes from the latest Federal Reserve meeting seemed to suggest that the central bank might be moving closer to tapering. More specifically, the fact that for the first time the Fed inclu
Read moreGalliford Try wins 38m pound office contract
21st Nov 2013 07:02
Housebuilder and construction company Galliford Try has won a 38m pound deal to build an office development in western England. The group's building business has won the contract to build the eight-storey Forbury Place project in Reading from client M&G Real Estate and Bell Hammer. Galliford will
Read moreWednesday broker round-up UPDATE
20th Nov 2013 08:46
Afren: Liberum Capital raises target price from 197p to 232p and maintains a buy recommendation. AstraZeneca: Berenberg cuts target price from 3472p to 3430p reiterating a hold recommendation. AVEVA Group: Liberum Capital reduces target price from 2350p to 2250p and keeps its hold recommendation.
Read moreGalliford Try reports 'encouraging' start to financial year
19th Nov 2013 10:31
Galliford Try, the housebuilding and construction group, reported an 'encouraging' start to its financial year and said its growth strategy had seen good progress. In Housebuilding, the group's in-hand position of sales reserved, contracted or completed rose 21% to £585m (2012: £485m) on the back
Read moreGalliford Try wins contract with Education Funding Agency
13th Nov 2013 08:18
Galliford Try, the FTSE 250 housebuilding and construction group, has been appointed to both regional segments of the new four-year Education Funding Agency (EFA) contractors framework. Galliford Try's Building business is one of 10 contractors appointed to the framework nationally, worth a potent
Read moreLondon pre-open: Small drop expected ahead of unemployment data
16th Oct 2013 07:33
- Small decline expected in early trade - All eyes on unemployment - BBA Aviation Chairman to step down City sources predict the FTSE 100 will open around four points lower than yesterday's close of 6,549.11, as investors seek direction after US stocks slipped last night and ahead of the release o
Read moreGalliford Try wins double school construction deal in Scotland
16th Oct 2013 07:01
Galliford Try has been appointed as the preferred delivery partner by South West Scotland for the construction of two new school campuses. The deal, which is worth up to £49.7m, was awarded to the house-building and construction group's Scottish business, Morrison Construction. Morrison will bui
Read morePZ Cussons Chairman raises stake above 54,000
30th Sep 2013 16:34
The Chairman of consumer products company PZ Cussons has acquired just over 3,000 shares, increasing his stake above 54,000. Richard Harvey purchased the shares at 411p a piece for a total spend of £12,371, just a few days after the company said its results for the last quarter were in line with ex
Read moreWednesday share tips: IG Group, Galliford Try
18th Sep 2013 07:27
Analysts get paid to make forecasts, but it seems a bit of a stretch to put too much weight behind revenue forecasts from some of them which extend out to May 2016. These ultimately depend on where markets will be by then. Hence, it would seem fair to say that IG Group has absolutely no forward visi
Read moreTuesday broker round-up UPDATE
17th Sep 2013 08:56
Aggreko: Credit Suisse reduces target price from 2000p to 1400p and downgrades from neutral to underperform. Antofagasta: WH Ireland downgrades to neutral. Associated British Food: Nomura moves target price from 1650p to 1670p staying with its reduce rating. Aviva: Berenberg downgrades from hold
Read moreGalliford Try lifts full year profit and dividend
17th Sep 2013 07:07
Housebuilding and construction firm Galliford Try booked a 17 per cent increase in annual pre-tax profit as it continued to expand business in the South and South East of England. Pre-tax profit grew to £74.1m for the year ended June 30th from £63.1m in 2012, boosted by strengthening market demand
Read moreMonday broker round-up
16th Sep 2013 12:13
AEC Education: WH Ireland places both its target price (prev.: 11p) and its recommendation under review. Aggreko: Citi reduces target price from 2100p to 2000p leaving its buy recommendation unaltered. Allergy Therapeutics: Panmure Gordon lowers target price from 18p to 16p, while keeping its buy
Read moreGalliford Try scores housing contracts worth 60m pounds
12th Sep 2013 09:03
Building group Galliford Try has bagged two East London housing contracts worth 60m pounds with housing provider Peabody. Galliford Try will provide the £35.4m first phase of a four-phase development at Devon's Road in Bow, East London, which will initially build 259 mixed-tenure homes. The secon
Read moreGalliford Try wins contract to build prison in South Wales
9th Sep 2013 07:28
Housebuilding and construction group Galliford Try has been selected to build the second phase of the HM Prison & Young Offenders' Institution Parc in Bridgend, South Wales. The company has been appointed by Bridgend Custodial Service, G4S Care and Justice Services and the Ministry of Justice (MoJ)
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