Carillion collapse puts contracts at risk but presents opportunities for sector peers
Carillion's contracts, joint venture partners and lenders are hanging in the balance after confirming its collapse
Company
Balfour Beatty plc
LON:BBY
Balfour Beatty is a diversified engineering, construction and services company with operations in the UK, Europe, the US, South-East Asia, Australia and the Middle East. Balfour Beatty is traded in the ISDX Exchange HERE
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Builders and building materials
Balfour Beatty sells additional stake in Connect Plus
The profit from the latest sale is expected to be £32mln and the proceeds will be used to pay down debt
FTSE 100 closes 2017 at fresh record; Wall Street continues to power north
London shares closed at new records as traders now turn attention to 2018
Builders and building materials
Balfour Beatty shares move higher as it sells stake in M25 operator
"This transaction emphasises the ongoing attractiveness of our infrastructure assets and is in line with our declared intent to maximise value for shareholders."
FTSE 100 closes higher as energy stocks provide a boost; supermarkets weigh
Robert Walters sprang a pleasant surprise on the market with an unscheduled trading update.
Archive
UK inflation numbers key Bank of England pointer as Federal Reserve starts final meeting of 2017
Day Ahead includes latest UK inflation numbers, plus the start of the last two-day Federal Reserve meeting of 2017, plus updates from Ashtead Group and Balfour Beatty
Archive
Federal Reserve Grinch to dominate among upcoming central bank rate decisions
The Week Ahead will be dominated by interest rate decisions from the US Federal Reserve, Bank of England and ECB, plus UK inflation and results from Ashtead Group, TUI, and Dixons Caphone among others
FTSE 100 closes up but optimism not "particularly high"
FTSE 100 ended in positive territory, having been lower earlier,..
Builders and building materials
Balfour Beatty sells Blackpool Airport to Blackpool Council for £4.25mln
Balfour Beatty had struggled to offload the loss-making airport for many years
Builders and building materials
Stronger bidding discipline helped contractor Balfour Beatty return to profit in the first half
Neil Wilson, senior market analyst at ETX Capital pointed out: “Construction is all about margins and bidding too aggressively for work cost Balfour dearly for a couple of loss-making years in which it delivered seven profit warnings."
Bushveld Minerals on the front foot, Toople on the back foot
A look at some of the biggest risers and fallers in London today
Builders and building materials
Balfour Beatty shares up as it posts return to first half profit led by recovery in UK construction business
The FTSE 250-listed firm posted a total pre-tax profit of £12mln for the six months to June 30, a turnaround from a loss of £15mln a year earlier, as revenue rose to £4.201bn
FTSE 100 holds steady to close 49 ahead with miners in support
The FTSE 100 closed up 49.18 at 7,433 after UK jobs data beats expectations
Archive
UK wages and jobs data in focus on Wednesday
Average earnings growth and unemployment rates are expected to remain unchanged in the second quarter at 2% and 4.5% respectively
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UK economic health eyed from inflation, jobless numbers; Kingfisher updates on trading
Week ahead includes UK inflation, unemployment, average earnings data; trading update from Kingflsher PLC, interims from Hargreaves Lansdown PLC, Admiral PLC ...
Builders and building materials
Balfour Beatty and Carillion both get multi-billion pound HS2 rail contracts boost
Balfour Beatty said the £2.5bn contracts have been awarded to its 50/50 joint venture with France's Vinci SA, with work scheduled to start in 2018/19
Archive
Pension scheme front and centre for Royal Mail Group PLC
Week ahead: Royal Mail, Burberry, SSE, Mitchells and Butlers, easyJet ...
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Day ahead: Debenhams, Unilever and Sky results in focus
Debenhams, Unilever and Sky are set to take centre stage with their latest results on Thursday
Archive
Primark to keep the ball rolling nicely at Associated British Foods
Week ahead; Associated British Foods , Sky , Unilever Burberry, Reckitt Benckiser...
Builders and building materials
Costain favoured over Balfour Beatty and Carillion by Jefferies
Balfour Beatty and Carillion are now both fairly priced, but Jefferies has turned bullish on Costain
Builders and building materials
Contractor Balfour Beatty constructs a return to annual profit in 2016, says transformation "well underway"
The FTSE 250-listed group posted an underlying pretax profit of £60mln for the full-year to December 31, against a loss of £123mln a year earlier
Investments and investor services
FTSE 100, 250 and smallcaps all mark record highs after Fed rate hike and cap
FTSE 100 stocks ended solidly higher on Thursday after chalking a fresh record high as investors reacted to a tempered rate hike outlook in the US and relief at the defeat of the anti-immigration Freedom party in the Dutch election
Archive
Fed fall-out, Dutch elections and Sainsbury's sales to provide food for thought
A rise is taken as read, and – assuming the Fed does not perform a triple Salchow with accompanying back-flip – the focus will be on the Fed’s commentary in its post-meeting statement.
Archive
Antofagasta closing in on a feasibility study of expansion of Los Pelambres
Big names reporting include Antofagasta, Hikma and Robert Walters.
Archive
Sirius Minerals named among the ‘top tips’ for 2017
Here we take a look at the medium and small cap companies included among Fleet Street's top stock market tips for 2017.
Archive
Trending: No Brexit worries for ASOS
Despite initial Brexit fears, ASOS is the latest company to commit to adding more UK jobs
Archive
Proactive mining highlights: Armadale, Blackham, Evraz, Jubilee, Metal Tiger and Sirius
Weekly round up of the mining headlines from the world of Proactive.
Archive
London shares fall after Admiral hit by Brexit
London shares ended lower on Wednesday after insurer Admiral felt the negative impact of Brexit vote
Builders and building materials
Balfour Beatty seeing little effect from Brexit so far
The builder says it is well-placed to deal with any fallout from the UK’s decision to leave the EU back in June
Investments and investor services
Admiral weighs on FTSE 100, caution remains ahead of Fed
Admiral weighed on the FTSE 100 after falling short of market's high expectations, meanwhile Reckitt Benkiser spin out Indivior surges.
Preview: Full steam ahead for Admiral Group PLC
Cars are in focus on Wednesday: Lookers sells 'em and Admiral insures 'em
Week Ahead: Brexit the looming issue as Bovis and Kingfisher report
The dust is starting to settle after the EU referendum vote, which should mean companies can have a bit more confidence in forecasting the impact
UK firms in the frame for overseas acquirers
The first half for what's called 'inbound M&A' has been fairly slow, but the dynamics are now changing.
Builders and building materials
Carillion wins £1bn of business and sees market improvements
Carillion said it was on track to achieve full-year targets
Stock market happy with Osborne's tome and tone
FTSE 100 was up around 60 points soon after George Osborne sat down, consolidating gains made earlier in the day.
Archive
Broker spotlight: Cineworld, Carillion, Man Group ..
An analysts’ trip to Romania confirmed Cineworld's commanding position in a growing market.
Archive
Broker spotlight: Oil groups slashed by Deutsche Bank as crunch looms
Deutsche Bank leads the way with a swathe of price target reductions across the mid-cap oil explorers and producers.
Risers & Fallers: SABMiller, Styles & Wood, Dillistone, Cello Group, Synairgen and Quadrise Fuels
Below are the main news-driven share price movements at 12.30pm.
Builders and building materials
Balfour Beatty Infrastructure Partners buys Alkane Energy for £61.4mln
BBIP has made a recommended bid for Alkane through bid vehicle Barbican Bidco
Archive
Risers and fallers, including Venn Life,IGas, Cineworld, Lansdowne, Lonmin...
Here's a first look at the main movers in early deals in London on Thursday....
Builders and building materials
Balfour Beatty hails recovery drive despite losses
Construction group says it is getting to grips with problems
Archive
Wednesday's agenda: G4S emerging from the doghouse
G4S is slowly repairing its reputation after a couple of high profile bungles
Investments and investor services
Risers & fallers: Admiral, Balfour Beatty, esure, Fidelity China SS, Randgold, Vedanta Resources,
Interims from esure were, to coin a phrase, a car crash. Vedanta rises on news that the recommencement of mining in Goa is a goer.
Investments and investor services
Week Ahead: Growth in Asia to offset Pru's UK growth issues
The Pru's decision to focus on Asia has proved a smart one, but with regulatory changes affecting the retail annuity market in the UK, it can't afford a slowdown in its Asian operations.
Archive
Risers & Fallers, including Rambler, Petro Matad, PeerTV , Strategic Minerals , Optibiotix and more
Rambler Metals rose after it completed its pre-feasibility study.
Archive
FTSE100 called to open higher as Greek PM seeks to sell deal
FTSE100 is called to open a tad higher on Tuesday after yesterday's momentous third provisional bailout deal for debt-ridden Greece was struck.
Archive
Tuesday's Agenda: Greece deal to take centre stage
Tuesday will be headlined by Greece with a small smattering of company trading updates expected.
Builders and building materials
Balfour Beatty's legacy issues continue to weigh
Troubled construction group Balfour saw shares ease as it issued yet another profit warning but said it was seeing signs of improving cash performance.
Investments and investor services
Risers and Fallers: Cyan Holdings, APR Energy, 7digital, Beowulf Mining, Vast Resources, Optiobiotix
Primark's growth makes Associated British Foods' name more of a misnomer year-by-year