(Alliance News) - London's blue-chips closed little changed on Monday amid a heavy sell-off in global technology stocks, including a 17% drop for chip maker Nvidia. Read More
(Alliance News) - London's FTSE 100 was weaker on Monday, with miners hurting the FTSE 100, while tech stocks are in focus in New York, as competition from China emerges. Read More
(Alliance News) - Costain Group PLC on Monday said it anticipates annual profit in line with market expectations, as it finished 2024 "strongly". Read More
(Alliance News) - London's FTSE 100 is called to open lower on Monday, ahead of a slew of interest rate decisions this week, and as investors continue to track any policy giveaways from the new Donald Trump US administration. Read More
(Alliance News) - Stock prices in London closed lower on Thursday, as the Bank of England kept its interest rates on hold, in line with Japan but at odds with the ECB and the Fed. Read More
(Alliance News) - Stocks in London nursed heavy losses at midday on Thursday, although they came off lows after the Bank of England's widely expected decision to leave interest rates unchanged at 4.75%. Read More
Costain Group PLC - London-based construction and engineering firm - Wins new HS2 systems contract worth at least GBP400 million. As part of the contract, Costain will deliver the design, supply, manufacture, installation, testing and commissioning of HS2's Tunnel and Lineside mechanical and electrical systems. The contract will begin in the first quarter of 2025 for a seven-year period, with the option for additional contract extensions. Read More
Costain Group PLC - London-based construction and engineering firm - Announces that Panmure Liberum Ltd completed the GBP5 million first tranche of its on-market share buyback programme on September 19, with a total of about 4.9 million shares bought for cancellation. Investec Bank PLC will now start the second tranche of the buyback of up to a maximum consideration of GBP5 million with effect from today. Read More
(Alliance News) - London's FTSE 100 fell back in afternoon trading to close in the red on Wednesday as stubborn core US inflation figures cut lingering hopes for a jumbo interest rate cut across the pond next week. Read More
Costain Group PLC - London-based construction and engineering firm - Redburn Europe Ltd says ASGC Construction LLC sells 41.7 million Costain shares at 91 pence, worth GBP37.9 million. The shares sold represent a 15% stake in Costain and mean that ASGC has sold its entire holding in Costain. The share placing with institutional investors by Redburn was first announced after the London market close on Tuesday. It was increased from the original target of 30 million shares. Read More
Costain Group PLC - Maidenhead, England-based construction and engineering firm - Redburn Europe Ltd says ASGC Construction LLC sells 41.7 million Costain shares at 91 pence, worth GBP37.9 million. The shares sold represent a 15% stake in Costain and mean that ASGC has sold its entire holding in Costain. The share placing with institutional investors by Redburn was first announced after the London market close on Tuesday. It was increased from the original target of 30 million shares. Read More
Costain Group PLC - Maidenhead, England-based construction and engineering firm - Redburn Europe Ltd says ASGC Construction LLC intends to sell around 30.0 million shares in Costain through a placing to institutional investors. The placing represents around 10.8% of Costain's share capital. The price will be determined by way of an accelerated bookbuilding process which will start immediately. Costain is not party to the placing and will not receive any proceeds. ASGC will be locked up in respect of its residual holding for a period of 90 days post settlement of the placing. Redburn Europe Ltd is acting as sole bookrunner. Read More
(Alliance News) - London's blue chips ran out of steam towards the close on Wednesday, ending little changed, as investors await further clues as to the timing of US interest rate cuts. Read More
(Alliance News) - Costain Group PLC is "simply too cheap", an analyst on Wednesday said, after the firm highlighted a buoyant order book with contract wins across all sectors. Read More
(Alliance News) - Costain Group PLC on Wednesday highlighted a buoyant order book with contract wins across all sectors as it expressed optimism for the future. Read More