Galliford Try consortium named preferred bidder
5th Jan 2010 07:48
Construction and housebuilding group Galliford Try said it has been confirmed as a construction partner of the Equitix consortium, which has been appointed as the preferred bidder on the Cambridgeshire Building Schools for the Future (BSF) programme. Following financial close, Galliford Try will ca
Read moreGalliford Try chief exec builds up stake
11th Dec 2009 16:37
Greg Fitzgerald, chief executive of Galliford Try, has lifted his stake in the construction group. He took 13,490 shares at 296.5p a time, paying a total of about £40,000, and now has 585,008. Shares in the company have jumped by about 40% in the past year. Last week it announced its acquisitio
Read moreThursday newspaper round-up:RBS, Barclays, BofA
3rd Dec 2009 06:21
Alistair Darling is heading for a potentially disastrous showdown with Royal Bank of Scotland over plans to pay £1.5bn in bonuses to its staff. Darling is to be granted the right to veto bonus payments at the bank, which will soon be 84% owned by the taxpayer, but has been warned that doing so could
Read moreGalliford Try makes Cornish acquisition
2nd Dec 2009 07:31
Construction group Galliford Try has acquired Cornish housebuilder Rosemullion Homes for £200,000. 'The acquisition of Rosemullion, whose turnover was £7.5m in 2008, will add 9 sites to Galliford Try's existing business in the south west of England. 'Rosemullion Homes is an excellent example of an
Read moreSmall cap round-up: Galliford Try, Eruma, Lupus...
24th Nov 2009 13:00
Galliford Try has lodged an appeal against the OFT's £8.33m in respect of three incidences of cover pricing that occurred between the years 2001 to 2004. Gaillford's fine was part of fines of £130m in total after an OFT investigation into bid rigging on contracts. Lupus Capital has appointed Jamie
Read moreLondon close: Footsie suffers reversal of fortunes
26th Oct 2009 16:21
Stocks had looked like making a decent start to the week, but a dramatic and sudden sell-off on Wall Street quickly sent London into the red. The Dow Jones turned an early three-digit gain into a 100-point loss as US analyst Dick Bove downgraded Fifth Third Bancorp, SunTrust Banks and US Bancorp.
Read moreLondon afternoon: Stocks get lift from Wall Street
26th Oct 2009 14:20
After crawling higher throughout the morning session London's leading shares received a boost from a firm start on Wall Street. The market is buoyant despite weakness in the banking sector, where the market is holding its breath for the anticipated cash call by Lloyds Banking. Elsewhere in the sect
Read moreLondon midday: Shire gives Footsie boost
26th Oct 2009 12:03
Footsie is sitting just above the zero mark, with drug group Shire given a boost by some positive regulatory news. Shire is one of the top risers after it announced that the US Food and Drug Administration (FDA) has affirmed its prior decision to grant five-year New Chemical Entity (NCE) exclusivit
Read moreLondon open: Shire drags FTSE higher
26th Oct 2009 08:36
Miners and drug group Shire are giving Footsie a lift in early dealings on Monday. Lonmin, Rio Tinto and Anglo American are among the best performing miners. Pharma firm Shire is leading the risers after it announced that the US Food and Drug Administration (FDA) has affirmed its prior decision to
Read moreLondon pre-open: Shire boosted by FDA decision
26th Oct 2009 07:47
It is a quiet start for the week on the corporate front for London. Pharma firm Shire announced that the US Food and Drug Administration (FDA) has affirmed its prior decision to grant five-year New Chemical Entity (NCE) exclusivity to lisdexamfetamine dimesylate, currently marketed by Shire US for
Read moreGalliford Try wins A96 bypass contract
26th Oct 2009 07:08
Galliford Try the construction and housebuilding group, has won a contract for a road improvement scheme in Scotland. The company’s infrastructure subsidiary, Morrison Construction, won the £31.5m contract to construct a new 5km section of the A96 to bypass the villages of Fochabers and Mossfodloch
Read moreLondon close: Tough day for Footsie
22nd Oct 2009 16:41
Blue chips rallied late in the day, but it was a tough session generally with miners and insurance companies under pressure. Telcos led the rally with Vodafone, British Telecom and satellite group Inmarsat all making gains near the close. Lloyds was also a late riser as on reports that it is close
Read moreLondon afternoon: Stocks stuck at lower levels
22nd Oct 2009 14:10
The Footsie finished the lunch-time session little changed from where it started it, despite mining stocks trimming losses sustained in the morning. Mining giant Anglo American is actually higher on the day after it announced plans to divest assets, including its zinc and tarmac operations, as it
Read moreRump of Galliford rights snapped up
22nd Oct 2009 13:29
Construction and housebuilding group Galliford Try received a reasonable response from shareholders to its £125.6m rights issue. Acceptances were received in respect of 91.54% of the shares offered. The rump of the rights issue shares has been placed in the market at 350p per share, a premium of 6
Read moreLondon close: Shares end up but down from highs
22nd Sep 2009 16:39
London's leading shares finished with slight gains but were well below earlier highs as miners eased back slightly. Eurasian Natural Resources, Lonmin, Xstrata and Vedanta Resources still posted healthy gains, while precious metals miners Fresnillo and Randgold Resources were also on the climb. R
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