London midday: Stocks flat after mixed macro data
2nd Apr 2012 11:36
- Chinese, UK PMIs beat expectations in March - Eurozone PMI disappoints, jobless rate on the up - RBS to dish out dosh to preference shareholders London's blue chips pared earlier gains after some gloomy economic data from Europe. Miners were performing well after better-than-expected manufacturin
Read moreLondon pre-open: Small rise expected in early trading
2nd Apr 2012 07:26
City sources predict the FTSE 100 will open up 11 points from Friday's close of 5,768, buoyed by better-than-expected-data Chinese manufacturing data on Sunday. House building and construction group Galliford Try has reached financial close on the Gateshead regeneration programme, for which it wa
Read moreGalliford Try to get going in Gateshead
2nd Apr 2012 07:02
House building and construction group Galliford Try has reached financial close on the Gateshead regeneration programme, for which it was named preferred bidder a year ago. Galliford Try's consortium with Gateshead Council and housing association Home Group will now form a Local Asset Backed Vehicl
Read moreMonday broker round-up - UPDATE
26th Mar 2012 09:24
Aberdeen Asset Management: Peel Hunt upgrades from hold to buy, target left at 280p. Aggreko: Peel Hunt retains hold rating and 2,200p target. Amlin: Nomura downgrades from buy to neutral, target left at 383p. Anite: Peel Hunt raises target from 150p to 165p, buy rating kept. BBA Aviation: Jeffe
Read moreGalliford wins three new contracts
26th Mar 2012 08:09
Galliford Try, the housebuilding and construction group, has won three new contracts in the commercial building sector worth 49.4 million pounds. In central London, the firm has been chosen by Green Property to build 100,000 sq ft of Category A office space in the St James's Park area in a contract
Read moreCapital contract wins for Galliford Try
20th Mar 2012 07:34
Construction firm Galliford Try has announced a number of contract wins in the Greater London area for its Partnerships business. The group has bagged contracts worth more than £56m in public building and affordable housing contracts in London. They include a £27m development in White City, includi
Read moreGalliford Try CEO buys shares while his other firm sells
13th Mar 2012 16:13
Greg Fitzgerald, the Chief Executive of Galliford Try, the FTSE 250 housebuilding and construction firm, has topped up his stake in the company. The director bought almost £50,000-worth of shares in the firm at the same time Crownway Builders, a company in which Fitzgerald owns 37.5%, sold off mor
Read moreCable and Wireless Comms CEO stocks up
12th Mar 2012 15:33
Tony Rice, the Chief Executive Officer of Cable and Wireless Commnutications, has bought up a chunk of shares in the firm, taking advantage of the stock's ongoing decreased share price. Rice, who last year earned $1.08m in a basic pay, cash bonuses of $466,000, and $2.6m from the firm's five-year
Read moreGalliford Try scores double contract win
5th Mar 2012 08:01
Galliford Try, the housebuilding and construction group, announces that it has been awarded a pair of contracts by Yorkshire Water to upgrade the Blackburn Meadows waste water treatment plant in Sheffield. The larger of the contracts is worth £31m and will ensure that Blackburn Meadows meets the re
Read moreThursday broker round-up - UPDATE
1st Mar 2012 09:33
RBS: Berenberg downgrades to sell from buy. Randgold Resources: Nomura maintains buy rating and 9,850p target. BG Group: Nomura maintains buy rating and 1,865p target. WPP: Nomura maintains buy rating and 990p target. BAE Systems: UBS ups target from 320p to 360p, buy rating unchanged. Capita:
Read moreGalliford Try Finance Director sells half his stake
24th Feb 2012 15:30
Galliford Try's Finance Director has made the most of recent gains on the stock's share price, selling more than half his stake in the firm. Frank Nelson disposed of 85,000 shares in the housbuilding and construction firm for 547.70p each, earning himself a total of £465,545 and leaving him with 7
Read moreLondon close: Losses pared, but stocks still down on macro worries
22nd Feb 2012 16:32
- Risk of a Eurozone recession increase as PMIs show contraction. - Fitch downgrades Greece from CCC to C. - Rexam up 7pc after FY results, Vedanta falls 5pc after yesterday's surge. Stocks rallied in afternoon trade in London, recovering from the slump experienced in mid-morning. However, the Foot
Read moreFTSE 250 movers: Galliford leaps on divi raise
22nd Feb 2012 14:27
Housebuilding and construction firm Galliford Try rose to pole position after reporting that it had doubled its interim dividend and delivered strong profit growth. Pre-tax profit rose to £32.2m for the half year ended 31 December 2011 from £17m the same time a year earlier. Group revenue climbed
Read moreLondon midday: Stocks fall as Fitch downgrades Greece
22nd Feb 2012 11:47
- Fitch downgrades Greece from 'CCC' to 'C'. - MPC divided on level of QE. - Vedanta pulls back after yesterday's strong surge. UK stocks fell further into the red by midday after Fitch downgraded Greece's sovereign debt rating. While the decision was unarguably crucial to help the heavily-indebted
Read moreBroker tips: Vedanta Resources, Galliford Try, Oil stocks
22nd Feb 2012 11:25
Credit Suisse believes that a major restructuring within the businesses of miner Vedanta Resources would be a "strong positive" and continues to see significant upside in the stock. Credit Suisse said that "if the reports are correct and a merger is successful it would not change group consolidate
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