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Wed, 19th Jan 2011 07:17
Shares in construction industry consultancy Driver rose over 5% after it said trading in the first half has been in line with company expectations. "Our European and Africa regions are performing well whereas the live construction market in the Middle East is particularly challenging in Abu Dhabi a
Read moreDirectors bought stakes in Ashley House following the care home builder's interim results yesterday. Six directors took stakes in the company, with the biggest coming from chairman William Wells, deputy chairman Stephen Minion, chief executive Jonathan Holmes and finance director Antony Waters. The
Read moreWere it not for the strength of miners today Footsie would undoubtedly have ended in the red, as many share prices experienced a late swoon. Miners were wanted on expectations that the US dollar will suffer a relapse after the G20 agreement over the week-end that should, if adhered to, bring an end
Read moreLondon has lost some of its gains in the early afternoon but it is showing signs of a renewed upturn. Miners remain the best performers on expectations that the US dollar will suffer a relapse after the G20 agreement over the week-end that should, if adhered to, bring an end to so-called currency w
Read moreHaving got off to a flying start London spent the mid-morning period slowly relinquishing its gains before regaining impetus just before midday. Miners continue to lead the advance on expectations that the US dollar will suffer a relapse after the G20 agreement over the week-end that should, if adh
Read moreConstruction industry consultancy Driver said it is trading broadly in line with company expectations despite an increasingly challenging UK construction market. Driver predicts a small underlying loss in the second half and expects to close the period with a net debt of £0.5m, less than the marke
Read moreLONDON (Dow Jones)--Driver Group PLC (DRV.LN), which provides a range of consultancy services to the construction and engineering industries, said Thursday Damien McDonald has been appointed as finance director for the group, effective Aug. 1. MAIN FACTS: -Damien joined Driver in April 2008
Read moreDriver Group said it expects conditions to remain challenging after the economic downturn pushed the provider of specialist commercial and dispute resolution services to the construction industry into losses in the six months to March 31. Pre-tax losses totalled £447,000 for the half year, against
Read moreLONDON (Dow Jones)--Driver Group PLC (DRV.LN) said Tuesday that for the six months ended March 31, it made a pretax loss of GBP0.4 million on revenue of GBP8.8 million. MAIN FACTS: -Revenue of GBP8.8 million (2009: GBP11.3 million) -Operating loss GBP0.3 million (2009: GBP1.3 million)
Read moreDriver Group is leading the constructions and materials sector lower after the provider of dispute resolution services to the construction industry said trading in the second half has been 'very challenging.' In the UK, Driver was particularly disappointed with the north, where an expected upturn d
Read moreSecurity and surveillance systems firm Petards saw profits drop for the half year but said the outlook for the second half is stronger with full year profits seen in line with expectations. Profit before tax was £242,000 against £305,000 in the same period last year on revenue that slumped to £6.6m
Read moreAim-listed insurance broker CBG said it has responded positively and quickly to the current economic slowdown. "The recent period has seen earnings decline in many lines of business and, as a result, we have put in place a significant cost reduction programme which has been focused on the reorgani
Read moreA late rally by UK equities was not enough to prevent the blue-chip index closing in negative territory, largely as a result of weak miners, which were weighted down by softer metals prices. Lonmin, Vedanta, Rio Tinto and BHP Billiton were all stuck in the red. Elsewhere in the sector, Anglo Americ
Read moreLeading equities drift lower in the afternoon session, led by banks and miners. Asia-focused bank Standard Chartered eases back, despite enjoying record income and operating profit in the first five months of this year. Some of this success has been offset by weakness in consumer banking, however,
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