Serco shares drop as it cuts revenue guidance amid 'less than ideal' market conditions
The British outsourcer plans to take on Carillion contracts at six major NHS hospital sites
Company
Serco Group PLC
LON:SRP
Serco Group PLC supports governments, agencies and companies by offering operational, management and consulting expertise in the aviation, defense, education, health, home affairs, local government, nuclear, science, technology, transport and commercial sectors.
179 stories · page 6 of 9
FTSE 100 closes Friday in positive territory but loses ground on the week
FTSE 100 closed around 21 points higher on Friday at 7,636, the FTSE 250 added nearly 147 points at 20,830.
Archive
Serco and Reach up to close out the week while UK April Index of Services takes data spotlight
As the week comes to an end, trading updates will be drawing eyes on the company news front while the UK's final Q1 GDP reading will play second fiddle to April's Index of Services
Archive
Costa Coffee demerger move hangs over Whitbread trading update
Aside from Whitbread, updates are also due in the week ahead from cruises operator Carnival, packaging firm Bunzl, struggling floorings retailer Carpetright, and pubs operator Greene King
PowerHouse Energy shares lifted as it debunks speculation on Science Park closure
A look at some of the biggest risers and fallers in London on Wednesday
Serco shares jump as it secures US$900mln US health insurance support contract
The FTSE 250 outsourcer said the contract with the Center for Medicare & Medicaid Services had a one-year base period and four one-year option periods
Serco calls for new dialogue on public service provision after Carillion as profits slump
Rupert Soames, chief executive, added that the company was now looking forward rather than backwards
Carillion's facilities management contracts in line to be transferred to Canadian firm, BGIS
The deal, if it goes through, could see more than 2,500 Carillion employees become part of Brookfield Global Integrated Solutions
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
Serco shares drop on Citi downgrade
Citi is forecasting negative 1% and negative 5% organic growth for the current and subsequent years respectively
Carillion: Where it all went wrong for the mega-cap turned micro-cap UK contractor
A timeline of Carillion's struggles over the past year
Serco, Equiniti and Page Group downgraded by Credit Suisse amid Brexit uncertainty
Credit Suisse has adjusted its ratings and target prices on a number of business service stocks
Serco expects 2017 profit at top end of guidance range as it signs deal with Carillion
Serco has signed a definitive agreement to buy a large part of Carillion’s UK healthcare facilities management business
Carillion inks definitive sale agreement for disposal of bulk of its UK healthcare facilities business
The firm said an agreed proportion of the total consideration of approximately £47.7mln will be payable in instalments on the transfer of each facilities management arrangement
FTSE 100 slips slightly to close in the red after swinging between gains and losses
The FTSE 100 finally gave up and settled in the red, albeit slightly down ahead of BoE's monetary policy decision on Thursday
Archive
Yellen & Co in focus as Fed looks set to raise rates; TUI, Dixons Carphone, Bellway to update
Day Ahead includes the final Federal Reserve meeting outcome of 2017, plus updates from travel firm TUI, electricals retailer Dixons Carphone, and housebuilder Bellway
Analysts think Carillion's most likely route to survival is through a debt for equity swap
Potential asset disposals are unlikely to "materially change the picture", according to UBS
Carillion says it will breach banking covenants as it warns on profits and debt
Carillion has issued its third profit warning for the year as it struggles with badly-performing contracts and spiralling debt
Serco shares plummet as it backs away from bid for Middle East rail contracts
The bids were worth £2.5bn of the £7.9bn pipeline of new opportunities, Serco said