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Construction giant Carillion to plunge out of FTSE 250

construction giant carillion to plunge out of ftse 250
The builder had a turnover of £5.2billion last year and employs 43,000 staff. But its market capitalisation has crashed from almost £1billion in early July to less than £250million.
MailOnline Also reported by •thisismoney.co.uk

Former Carillion boss steps back into senior role at troubled firm


Balfour Beatty turnaround continues: Shares rise after profits double

balfour beatty turnaround continues: shares rise after profits double
Things are looking up at construction giant Balfour Beatty, after it revealed profits had doubled in its first half. *The figures* Underlying pre-tax profits rose to *£22m* in the six months..
City A.M.

London Bridge renovator Costain confirms £1.8bn HS2 tunnel deal

london bridge renovator costain confirms £1.8bn hs2 tunnel deal
A consortium led by Costain, the firm charged with revitalising London Bridge station, has formally secured a £1.8bn HS2 contract to build tunnels and bridges linking Euston station with Old Oak..
City A.M.

Carillion seeks to quell joint venture unease

carillion seeks to quell joint venture unease
Carillion has held a series of emergency meetings as the crisis-hit contractor hopes to quell unease from joint venture partners, according to reports. It is common practice for rival firms to..
City A.M.

Carillion embarks on charm offensive to reassure partners


Carillion's risky road shows the short, sharp shocks of building for the long term


Revealed: The UK's 12 most shorted stocks

revealed: the uk's 12 most shorted stocks
It's not a list which many corporates would be happy to top, but Canaccord Genuity Wealth Management has today released a ranking of the 12 most shorted stocks in the UK. Construction company..
City A.M.

BT set to reveal flat earnings, underpinned by profitable Openreach

bt set to reveal flat earnings, underpinned by profitable openreach
Analysts are anticipating BT to report muted first quarter figures on Friday, with City expectations that revenue and profits will be in line with 2016. Company provided consensus analyst forecasts..
City A.M.

Carillion and NCC have fallen into textbook traps of expansion

Both will be case studies of how missteps can turn big companies into small ones

HS2 says it made a serious error regarding 'unapproved' redundancy payouts

hs2 says it made a serious error regarding 'unapproved' redundancy payouts
The head of HS2 said today the state-funded high speed rail group made “a serious error” proceeding with unapproved redundancy payments, after the National Audit Office published a critical report..
City A.M.

Morgan Sindall trading update brightens a gloomy construction sector

morgan sindall trading update brightens a gloomy construction sector
The wildly divergent year for the construction industry is continuing, as Morgan Sindall has bucked the trend to announce a strong first half. Trading for the six months ending 30 June has been..
City A.M.

More than a quarter of construction firms at risk of insolvency

more than a quarter of construction firms at risk of insolvency
A perfect storm is poised to hit the UK's construction sector as new research shows more than a quarter of firms are at risk of insolvency by 2020. Brexit uncertainty has rocked the construction..
City A.M.

Carillion shareholders revolt over ex-finance boss

carillion shareholders revolt over ex-finance boss
More than a fifth (22.72 per cent) of votes cast at the transport operator's annual general meeting yesterday were against Richard Adam keeping his new place on First Group's board.
MailOnline Also reported by •thisismoney.co.uk

FirstGroup investors revolt over appointment of former Carillion finance chief


Carillion wins again with two more contracts. This needs to end but it will take time

The troubled contractor and its peers are too big to fail

Carillion awarded Ministry of Defence contracts worth £158m days after issuing shock profit warning

Despite the gains, Carillion shares are trading at just one third of the price they were just over a week ago

Carillion wins work on HS2 tunnels

Wolverhampton's troubled construction giant Carillion is among the firms that have been awarded contracts for the building of phase one of the HS2 rail line, the Government has announced.
Express and Star

More contracts for Carillion

There was more good news for struggling Carillion today as it won two new support services contracts.
Express and Star

A Carillion JV has been awarded £158m of government contracts

a carillion jv has been awarded £158m of government contracts
Carillion, the troubled construction giant which had almost £600m wiped off its market capitalisation last week, said today one of its joint ventures has been awarded £158m of government..
City A.M.

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