Galliford Try wins two construction contracts
4th Sep 2013 07:46
Housebuilding and construction group Galliford Try has scored two new contracts in the Midlands, England, worth a total of 48m pounds. The company reached financial close with Birmingham and Solihull Local Improvement Finance Trust (BasLIFT) to construct the new Birmingham Dental Hospital on the Pe
Read moreGalliford Try wins extension to Yorkshire Water contract
18th Jul 2013 07:39
Galliford Try said its infrastructure business had secured an extension to its contract with Yorkshire Water. The deal, won in partnership with AECOM Design Build, is worth at least £110m to the housebuilding and construction group. The contract runs between 2015 and 2020 and will involve £75m of
Read moreFTSE 250 movers: Centamin surges after Egyptian President ousted
4th Jul 2013 14:14
Gold miner Centamin saw shares jump by nearly a fifth on Thursday after the President of Egypt, where its flagship Sukari mine is located, was ousted by the military. Centamin has been involved in a legal dispute with Egypt's administrative court since the government came into power, regarding the v
Read moreLondon midday: Stocks rise as BoE holds fire, markets eye ECB
4th Jul 2013 11:28
The FTSE 100 issued decent gains on Thursday morning, taking advantage of expected low volumes on the back of the Independence Day holiday in the States, with all eyes on central banks in the UK and Europe in the absence of any major economic data today. As expected, the Bank of England (BoE) stood
Read moreLondon open: Stocks rise as eyes turn to BoE, ECB
4th Jul 2013 08:25
The FTSE 100 rebounded strongly on Thursday morning after a sell-off the day before, as traders took advantage of thin volumes with markets in the States shut for Independence Day. The Bank of England (BoE) and European Central Bank (ECB) policy decisions will be in focus today with little economic
Read moreThursday broker round-up UPDATE
4th Jul 2013 08:17
Aberdeen Asset Management: JP Morgan reduces target price from 573p to 476p and reiterates its overweight rating. Ashmore Group: JP Morgan cuts target price from 410p to 339p maintaining a neutral rating. ASOS: Jefferies raises target price from 2199p to 6200p and upgrades from underperform to buy
Read moreLondon pre-open: Strong start expected ahead of central-bank meetings
4th Jul 2013 07:50
Markets are expected to open firmly higher on Thursday morning ahead of a busy day for investors, with central-bank policy decisions from the Bank of England and European Central Bank in focus. However, volumes are expected to be light with US markets closed for the Independence Day holiday and ris
Read moreRecord results for Galliford Try
4th Jul 2013 07:22
Housebuilding and construction firm Galliford Try has delivered record profits in the year to June 30th, according to a pre-close trading update on Thursday. The company said that it expects to meet analysts' consensus forecast for adjusted profit before tax (PBT) of £73.9m. Meanwhile, net debt w
Read moreSector movers: Housebuilders lifted as mortgage approvals rise
25th Jun 2013 15:45
Construction and materials stocks were performing well on Tuesday after the British Bankers' Association (BBA) revealed that mortgage approvals hit a 16-month high in May. Approvals for house purchases reached 36,102 last month, up from a revised 32,952 the month before, well ahead of the 33,200 co
Read moreGalliford Try appointed to 500m-pound capital delivery framework
18th Jun 2013 07:30
FTSE 250-listed UK housebuilding and construction group Galliford Try has been selected by Manchester Airports Group (MAG) for its new Capital Delivery Programme framework, potentially worth 500m pounds in value over the next five years. The framework, which is anticipated to include two other con
Read moreGalliford Try re-appointed to environment agency framework
11th Jun 2013 07:36
FTSE 250-listed housebuilding and construction group Galliford Try has reported that its Infrastructure business has secured one of six places in a joint-venture on part of the Environment Agency's Water and Environment Management Framework 2013-17. The appointment will involve the group primarily
Read moreFTSE 250 movers: Cobham sinks as unnamed shareholder sells shares
4th Jun 2013 15:01
Defence and aerospace group Cobham was in the red after a late report last night said an unnamed 'institutional investor' sold 39.1m shares in the company via a placing, equal to a 3.6 per cent stake. The sale, valued at £111m, was priced at a 4.4% discount to last night's close, according to Bloo
Read moreLondon open: Markets rebound as 'tapering' concerns ease
4th Jun 2013 09:10
Markets rebounded on Tuesday morning following a choppy session the day before as renewed hopes about US stimulus lifted sentiment early on. London's FTSE 100 lost 58 points yesterday, falling 0.9% to a one-month low of 6,525, after factory activity in both China and the US weakened in May. Manufac
Read moreLondon pre-open: Markets expected to rebound from one-month lows
4th Jun 2013 07:44
Following some heavy losses the day before on mixed manufacturing data worldwide, markets are expected to rebound slightly on Tuesday morning. London's FTSE 100 lost 58 points yesterday, falling 0.9% to a one-month low of 6,525, after factory activity in both China and the US weakened in May. Manuf
Read moreGalliford Try bags 36m pound refurbishment contract
4th Jun 2013 07:15
FTSE 250-listed housebuilding and construction group Galliford Try said it has won a 36m pound contract to refurbish the Alphabeta office building in Central London. Owners Resolution Property selected Galliford Try to complete a full refurbishment of the historic Triton Court office block on Fins
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