Galliford Try's Greg Fitzgerald builds stake
9th Jun 2011 16:16
Galliford Try's chief executive Greg Fitzgerald has added to his stake in the housebuilder and construction firm, splashing out more than £400,000. He took 83,675 shares at 487p a pop, and now has 748,285, nearly 1% of the company. Fitzgerald, 46, was head of Galliford's housebuilding division unt
Read moreBroker tips: Kingfisher, Drax, Galliford Try
2nd Jun 2011 11:30
Prime Markets has confirmed a 'sell' recommendation and target price of 248p for B&Q owner Kingfisher, saying that the shares have climbed "too far too quickly" over the last couple of months. "Whilst we have got off to a good start, it remains our view that this year is likely to be a tough one fo
Read moreBroker snap: Everything upgraded at Galliford
2nd Jun 2011 11:29
Peel Hunt has nudged up nearly all of its forecasts for housebuilder and construction firm Galliford Try, saying that the company presents an "interesting proposition: high growth, high yield and no debt." "The company has been dogged by doubts on delivery in housing and fears of a slump in constru
Read moreThursday tips round-up: Galliford Try, Wolseley, Iomart
2nd Jun 2011 06:48
The good times keep on rolling at Galliford Try, the housebuilder and construction company. The 103-year-old firm yesterday boasted that it had been selected as a partner on three affordable housing contracts worth a total of £584m in London, the South-east and eastern regions of England. The fact t
Read moreGalliford Try eyes strong FY
5th May 2011 08:13
Housebuilder and construction firm Galliford Try said it expects full year results to be 'significantly ahead' of market estimates and remains confident in its expansion plans during the next financial year. The London based group said it continues to benefit from the strong southern bias of its ex
Read moreGalliford Try involved in £347m regeneration programme
13th Apr 2011 13:31
Galliford Try's shares edged lower on Wednesday despite the housebuilder revealing that it has been appointed preferred bidder one of the UK's largest residential regeneration programmes. The group - as part of a joint venture with housing provider Home Group - will work on the £347m Gateshead rege
Read moreGalliford Try wins £58m school contract
30th Mar 2011 15:31
Following the appointment as preferred bidder in January, Morrison Construction - the Scottish construction business of Galliford Try - has sealed a contract with for a £58m schools investment Programme. Funded by the Scottish government, Morrison Construction will build two new schools, halls of r
Read moreGalliford Try to build luxury flats in Wandsworth
28th Mar 2011 12:14
Housebuilder Galliford Try has won a £38.5m contract to build apartments and commercial units at Wandsworth Riverside Quarter in south west London for Frasers Property UK. It will design and put up three mixed use buildings including 121 luxury apartments, some affordable apartments, commercial spa
Read moreGalliford Try appointed on £0.8bn bridge contract
22nd Mar 2011 14:30
The Scottish infrastructure business of Galliford Try has been selected as the preferred bidder, as part of a joint venture, to design and construct a bridge over the River Forth, for a contract worth £790m. Galliford Try's unit, Morrison Construction, will, along with its joint venture partners, b
Read moreThursday tips round-up: Capital Shopping, Logica, Galliford Try
24th Feb 2011 06:35
Capital Shopping Centres is back in the black with a £446.2m profit after a £150m loss the year before and it increased its net asset value by 15% last year. But the company has challenges ahead. Its Metro Centre in Gateshead is 25 years old next year and about half of the centre's rent is from leas
Read moreLondon close: Shares slump as Libya worries linger
23rd Feb 2011 16:52
More weakness in the US helped send shares in London sharply lower, with the Libyan crisis and the consequent higher oil price weighing on sentiment. Brent crude for April delivery surged to more than $109 per barrel shortly after 2pm, though it has dipped down below $109 again since then. The $3+
Read moreLondon afternoon: Oil lubricates slippery slope
23rd Feb 2011 14:22
An attempted rally in the morning was already fizzling out as the afternoon started, and prices continued to drift lower over the lunchtime trading session, as investors continue to fret about the higher oil price. Brent crude for April delivery surged to more than $109 per barrel shortly after 2pm
Read moreLondon midday: Shares stuck lower amid Libya worries
23rd Feb 2011 12:02
The higher oil price amid continuing turmoil in Libya is helping to keep shares in the red, though company updates have been given a mixed reception. Brent crude hit over $107 per barrel, up 1% today, as the violence and rhetoric in Libya increased. Libyan leader Muammar Qaddafi vowed to fight a gr
Read moreLondon open: Libya casts pall over blue chips
23rd Feb 2011 08:51
London has opened with Libya on its mind amid fears that the unrest sweeping through the country and the Middle East could destabilise Bahrain as well. Brent crude hit over $107 per barrel, up 1% today, as the violence and rhetoric in Libya increased. Libyan leader Muammar Qaddafi vowed to fight a
Read moreLondon pre-open: Libya preoccupation persists
23rd Feb 2011 07:39
London still has Libya on its mind and is set to open lower with City traders suggesting a 25 point fall in the Footsie could be seen when the market opens. Consumer packaging giant Rexam grew underlying profit by a bigger than expected 45% in 2010 and expects further progress this year. Profit bef
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