All Finance articles – Page 308
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News
Erinaceous jumps 7% after Tchenguiz approach
Erinaceous saw its share price climb 7% this week as a takeover approach from Vincent Tchenguiz, brother of the Iranian millionaire Robert, signalled a potential bidding war over the property services company.
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NewsSpeedy Hire profit jumps 18%
Health and safety laws and supply chain improvements are boosting business says chairman
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NewsRenew reveals 72% rise in interim profits
Restructured business brings strong results for new specialist building and specialist engineering divisions
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NewsSteve Morgan buys Wolves but Sir Jack becomes life president
Sir Jack Hayward will remain life president of Wolverhampton Wanderers despite selling club to Redrow founder Steve Morgan
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NewsMitie report 12% rise in pre-tax profit
Turnover up 30.3% to £1.3bn with solid growth in engineering, facilities and property services
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NewsUnclaimed assets to fund 700 new community centres
Gordon Brown set to announce that unclaimed assets worth £300m will be reinvested in new youth and art centres
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NewsSainsbury's report 42% rise in pre-tax profits
Half of supermarket's £8.6bn property portfolio will be refurbished over the next three years
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NewsGerman cement company ponders swoop on Hanson
Shares in materials giant rise 25% as HeidelbergCement considers formal approach
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NewsFoster sells minority stake
Private equity firm 3i set to buy ‘less than 50%’ share of practice valuing the firm at about £350m
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News
Changes to the Construction Act delayed until next year
The review of the Construction Act faces further delays, which will prevent it from becoming law until early next year.
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NewsInterest rates rise to 5.5%
The Bank of England increases the cost of borrowing to the highest level since 2001
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News
Investors cautious after Spanish housing crash
BAA owner Ferrovial is among contractors that could suffer knock-on effects from market fall
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NewsFormer finance boss takes Bovis to tribunal over bonus
Contractor’s personnel problems continue as date for hearing is set in Andrew Silverbeck case
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News
Connaught plans more growth
Mark Davies, the chief executive of property services provider Connaught, said the company will continue to grow its asset management business, following a 37% rise in pre-tax profit.
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News
McCarthy & Stone eyes care homes
Retirement housing specialist McCarthy & Stone is planning to expand into the construction of nursing homes in response to pressure from its new owners to grow the business.
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NewsThe butterfly effect
Company focus A rebranded Erinaceous is attracting buyer interest despite fraud investigation
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News
Foster joins construction bigshots on Rich List
Architect Norman Foster is a new entry in this year’s Sunday Times Rich List, coming in at 249th with £295m.
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NewsSharewatch — Alfred McAlpine falls again in wake of slate scandal
Alfred McAlpine’s shares continued to fall last week after the announcement that fraud in the slate division had cost the contractor £56m before tax. McAlpine’s shares dropped 8.7% to 460p over the week, making it the industry’s biggest casualty.
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News
Skanska UK reports 45% rise in turnover
Skanska UK has reported a 45% rise in turnover in the first quarter of 2007.
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NewsBarratt to close nine divisions and cut 400 jobs
Housebuilder follows £2.2bn acquisition of Wilson Bowden with round of office closures