Carillion collapse puts contracts at risk but presents opportunities for sector peers
Carillion's contracts, joint venture partners and lenders are hanging in the balance after confirming its collapse
Company
LON:COST
The Costain Group is one of the UK's leading construction companies. The Costain Group is traded in the ISDX Exchange HERE
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Carillion's contracts, joint venture partners and lenders are hanging in the balance after confirming its collapse
Builders and building materials
Costain said several new order wins – including from the HS2 high speed rail project – has helped it to perform well and leaves it on course to hit expectations
Builders and building materials
The boost was the result of a strong showing from its infrastructure division and a “significant” improvement in the performance of its natural resources arm
The FTSE 100 was flat while the pound took another dive against the dollar and the euro
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WPP, Laura Ashley and Anglo Pacific are among the companies scheduled to report to the market on Wednesday
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Week ahead includes first half results from Persimmon PLC, Antofagasta PLC, Cairn Energy PLC, Premier Oil PLC, WPP PLC; full year numbers from BHP Billiton PLC
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Day ahead: US Independence Day holiday; Sainsbury's trading update; finals from Imagination Technologies ...
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Week ahead, J Sainsbury, Non-farm payrolls, Ocado, Imagination Technologies
Builders and building materials
Balfour Beatty and Carillion are now both fairly priced, but Jefferies has turned bullish on Costain
Investments and investor services
FTSE 100 shares ended down on Wednesday with sterling nursing a seven-week low despite a lift for construction stocks following the UK Finance Minister’s Budget pledge of a mini Trump boost to infrastructure
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Having seen the big drugs, oils, and banking sectors dominate over the past few weeks, investors will have less FTSE 100 results to digest in the coming week.
Builders and building materials
The firm said it has continued to perform well since its interim results on August 24 and expects to deliver full year results in line with the board's expectations.
Builders and building materials
FTSE 100-listed Persimmon is expected to continue the trend which has seen firms in the sector provide solid trading figures during 2016 even after June's Brexit vote.
Here we take a look at the medium and small cap companies included among Fleet Street's top stock market tips for 2017.
Investments and investor services
Happy New Year, Proactive people! That's 2016 done with; Next!
How far back from the brink has miner and commodities trader Glencore stepped?