1,208.00p-10.00 (-0.82%)14 Jun 2024, 16:35
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Keller Group PLC Shares News & Articles

Keller raises full-year profit outlook a second time after strong fourth quarter

Firm raised guidance last OctoberProfit seen ?significantly? above forecastsShares still on just six times 2024 EPSWhile most construction and housebuilding stocks are trading lower after the surprise uptick in UK inflation, which could delay the Bank of England?s rate cutting schedule, FTSE 250 infrastructure group Keller (KLR) is heading higher after a positive full-year trading update.The share

FTSE falls as markets price in fewer rate cuts following hotter-than-expected CPI print

Stock prices in London declined on Wednesday morning as consumer price inflation came in higher than expected for December, adding concerns for some economists who had expected a rate cut in May.The FTSE 100 index opened down 103.82 points, 1.4%, at 7,454.52. The FTSE 250 was down 262.19 points, 1.4%, at 18,931.13, and the AIM All-Share was down 7.42 points, 1.0%, at 740.39.The Cboe UK 100 was dow

Infrastructure firm Keller raises outlook while housebuilder Vistry sees gloom continuing

Keller performs ahead of expectationsVistry sees no recovery in private salesShares top and tail the mid-cap indexThere was mixed news from the construction sector, with groundworks specialist Keller (KLR) delivering a surprise upgrade to its full-year earnings forecast after third-quarter trading exceeded its forecasts while housebuilder Vistry (VTY) issued a downbeat statement saying the usual s

Market Report: Further delays hit Rolls Royce shares, Thomas Cook looking for further £200m to avoid collapse

The UK market was lower on Friday as sterling firmed on rising optimism about a Brexit deal, which hit exporters. The FTSE 100 was 23 points lower at 7,332.63 while the FTSE 250, with more domestic exposure was 47 points to the good at 20,136.74.The biggest faller in the FTSE 100 was engineer Rolls Royce (RR.), its shares 3.5% lower at 781.8p after saying that it expects problems with its Trent 10

Market report: Just Eat jumps on Takeaway.com merger, London Stock Exchange rises as Refinitiv deal excites

London's FTSE 100 jumped up 55.7 points to 7,605 on Monday as a spate of corporate action put a new lease of life in the market. Separate deals involving Just Eat (JE.) and London Stock Exchange (LSE) as well as an increase in private equity activity this year have got investors excited over the prospect of further mergers & acquisitions (M&A). Investors also bid up shares in various unloved large

Market report: Royal Mail set for FTSE 100 exit as markets drift on limited corporate news

All eyes are on Royal Mail (RMG) ahead of the FTSE 100 re-shuffle next Tuesday. With the shares trading down another 2% to 317p on Friday, its current market capitalisation of just over £3.2bn.That puts it in 119th spot in terms of valuation on the UK stock market, well below the 110th place cut-off, meaning it will automatically be ejected from the blue-chip index.This sums up a negative trading
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