Keller profit hit by US construction slump
2nd Aug 2010 07:55
Ground engineering specialist Keller said half year profit fell by a fourth as the construction market, particularly in the US, continued to deteriorate. The group, which laid the foundations of the London Olympic stadium and worked on Dubai's Palm Jumeirah Island, said full year expectations for t
Read moreKeller First-Half Profit Slumps On US Construction Slowdown
2nd Aug 2010 07:39
LONDON (Dow Jones)--Construction engineer Keller Group PLC (KLR.LN) Monday reported a 72% fall in first-half pretax profit following a slump in building work in the U.S. Keller, which specializes in ground engineering services like preparing ground for construction, grouting and building foundat
Read moreLondon close: Resource stocks drag Footsie lower
25th Jun 2010 16:42
Weakness in the resources sector ensured that Footsie finished firmly in the red. ENRC, Lonmin and Kazkhmys were big losers in the mining sector as base metal prices retreat. BP resumed its slide following a couple days' respite. Nomura Securities has suggested that the oil giant may have to ra
Read moreLondon afternoon: Stuck in reverse
25th Jun 2010 14:14
BP trimmed its losses over the lunch time session but the Footsie ended the period more or less where it started it, as weak mining stocks continue to weigh on the index. ENRC, Lonmin and Kazkhmys remain the big losers in the mining sector as base metal prices retreat. BP is still under the cosh
Read moreFTSE 250 movers: Keller not grounded despite slow US
25th Jun 2010 12:22
Keller, the engineer focused on the preparation of ground that is to be built on, is higher despite saying it has seen no pick-up in its struggling US business. Keller, generates around two-fifths of its revenue in the world's biggest economy, warned six weeks ago of major headaches there and today
Read moreLondon midday: Stormy weather for BP
25th Jun 2010 12:01
Mining stocks and BP have combined to spoil what was a firm start by London's blue-chip stocks, with even the weather now appearing to have it in for the beleaguered UK oil giant. Mining stocks such as ENRC, Lonmin and Kazkhmys suffer chunky falls but these are dwarfed by BP shares, which are havin
Read moreLondon open: Healthy start for blue chips
25th Jun 2010 08:56
London has shrugged off Dow Jones' triple-digit fall overnight and made decent headway this morning. Banks are higher after a jam-packed financial stability report from the Bank of England that covered everything from savings ratios to the threat of the eurozone. The market sems to have focused on
Read moreLondon pre-open: No sign of Wall St. hangover
25th Jun 2010 07:43
After the Dow Jones suffered a triple-digit fall overnight there were fears that London might go the same way, but traders are predicting the FTSE 100 will open a little higher, up 16 points at 5,116. BP has spent another $350,000 (£234,000) on the Gulf of Mexico oil disaster since Monday, taking t
Read moreKeller: No Changes To Trading Since IMS, Sees FY In Market Range
25th Jun 2010 07:20
LONDON (Dow Jones)--Keller Group PLC (KLR.LN), an international ground engineering specialist, said Friday that since the publication of its interim management statement six weeks ago, there have been no significant changes to its trading or outlook and therefore expects full year earnings to remain
Read moreNo US improvement for Keller
25th Jun 2010 07:13
Ground preparation engineer Keller has seen no pick-up in its struggling US business. Keller warned six weeks ago of major headaches in the US and today said there have been no significant changes to the group's trading or outlook since then. "Accordingly, the expected results for the full year re
Read moreFriday preview: Berkeley, Keller
24th Jun 2010 17:06
London and south-east England focused housebuilder Berkeley publishes full year results for the year to end-April, but analysts will be more interested in how trading has been going since the end of the reporting period, as that covers the time of the general election and the first few weeks of the
Read moreKeller Group Buys Waterfront Services For Up To GBP27.8M
10th Jun 2010 08:12
LONDON (Dow Jones)--Keller Group PLC (KLR.LN), the international ground engineering specialist, said Thursday it has acquired privately-owned Waterfront Services Pty Limited, a Sydney-based near-shore marine foundation contractor trading as Waterway Constructions for up to GBP27.8 million. MAIN
Read moreKeller Group Plc Acquisition Of Waterfront Services Pty Limited
10th Jun 2010 08:03
TIDMKLR RNS Number : 3651N Keller Group PLC 10 June 2010 ? Thursday, 10 June 2010 Keller Group plc Acquisition of Waterfront Services Pty Limited, Australia for an initial payment of A$37m (GBP21m) Keller Group plc ("Keller" or "t
Read moreFTSE 250 movers: Renishaw has tools for profit growth
14th May 2010 13:12
Renishaw is bucking the general downward trend. Improving activity levels and order book has put the precision tool maker on course to top last year's annual revenue figure and for profits to be "significantly" higher than expectations. Computacenter is another good gainer. The IT services provider
Read moreFriday tips round-up: Old Mutual, Thomas Cook, Trinity Mirror
14th May 2010 07:00
Old Mutual's shares have bounced strongly since 2009's lows, up 87% on the year. They now also come with a dividend ? the company resumed payouts in March after skipping two in a row ? which provides a 4.1% yield. However, at 121p, or ten times 2010 earnings, the greater appeal lies in progress on
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