Costain Group PLC - Maidenhead, England-based infrastructure construction firm - Ahead of its annual general meeting, says it is trading in line with board expectations. Says it remains confident in the group's strategy and long-term prospects, while "mindful of the macroeconomic backdrop". Read More
Holders Technology PLC - London-based company specialising in lighting components - Confirms Finance Director Paul Geraghty has retired from the board, effective Tuesday. Mehul Shah replaces Geraghty, as part of its planned succession strategy. Says Shah joined the group in January 2023 with finance experience from working at Transport for London Finance Ltd, Costain Group PLC and Jaspar Group. "Mehul has a strong finance background in technology and projects," Executive Chair Rudolf Weinreich notes. Read More
(Alliance News) - Stocks in London ended in the green on Tuesday, as easing fears around the financial sector joined market positivity off the back of lower US inflation data. Read More
(Alliance News) - Costain Group PLC on Tuesday reported it returned to profit in 2022 and increased its annual revenue on the back of higher volumes in complex programme delivery. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
(Alliance News) - Stock prices in London opened largely lower on Tuesday, with the fallout from the Silicon Valley Bank collapse still reverberating around global markets. Read More
(Alliance News) - Balfour Beatty PLC on Monday said it won a deal to dig a tunnel under the River Thames, though peer Kier Group PLC will be hoping for better luck next time. Read More
(Alliance News) - Costain Group PLC on Tuesday said it is partnering with Heathrow Airport to deliver its new investment programme, to help the airport with its journey in becoming a net-zero aviation hub. Read More
(Alliance News) - The FTSE 100 was higher at midday on Tuesday, as investors hoped that China's push to vaccinate people aged 60 and older could bring an end to the nation's economically damaging zero-Covid policy. Read More
Costain Group PLC - Maidenhead, England-based infrastructure construction firm - Says it has concluded its negotiations with its bank and surety facility providers to secure a one-year "amend and extend" of its facilities from September 2023 to September 2024. The company's debt facilities under the new agreement comprise an undrawn GBP125 million revolving credit facility, previously GBP131 million, and surety and bank bonding facilities of GBP280 million, previously GBP310 million. Adds that it has prepaid the full balance of GBP36 million of its term loan facility from its cash resources. Read More
(Alliance News) - Costain Group PLC on Monday said it agreed a one-year extension to its bank debt and bonding facilities to September 2024, backed by a group of five banks and five sureties. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Long-time shareholders of construction firm Costain Group PLC will be hoping that a generally well-received set of interim results on Wednesday will lay the foundations for rebuilding of its stock price. Read More
(Alliance News) - The FTSE 100 extended recent losses on Wednesday, with a quiet economic calendar leaving investors focused on the start of the Jackson Hole central banking symposium. Read More
(Alliance News) - Costain Group PLC on Wednesday reported interim profit growth, as the infrastructure construction firm grappled with supply chain pressures but said it expects its order book to grow. Read More
(Alliance News) - The FTSE 100 is set to continue the week's losing streak as investors await the start of the Jackson Hole central banking symposium in Wyoming. Read More