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Balfour Beatty
25 октября 2016, 11:21

BRIEF-Tianjin Keyvia Electric completes fully acquiring Rail Power Systems GmbH and Balfour Beatty Rail Signal GmbH

* Says it completed fully acquiring Rail Power Systems GmbH and Balfour Beatty Rail Signal GmbH (current name RPS Signal GmbH) from Balfour Beatty Rail GmbH and BICC Holdings GmbH via wholly owned subsidiary Keyvia Germany GmbH

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17 августа 2016, 19:16

Balfour Beatty зафиксировала снижение доналогового убытка в первом квартале

Британская строительная компания Balfour Beatty отчиталась о снижении доналогового убытка в первом полугодии, завершившемся 1 июля. Так, убыток до уплаты налогов составил 23 млн фунтов стерлингов ($29,70 млн) по сравнению с 140 млн фунтов годом ранее. Выручка за рассматриваемый период сократилась с 3,46 млрд фунтов годом ранее до 3,32 млрд фунтов. Кроме того, компания заявила о том, что выплатит промежуточные дивиденды в размере 0,9 пенса на акцию.

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17 августа 2016, 11:28

Balfour Beatty зафиксировала снижение доналогового убытка в первом квартале

Британская строительная компания Balfour Beatty отчиталась о снижении доналогового убытка в первом полугодии, завершившемся 1 июля. Так, убыток до уплаты налогов составил 23 млн фунтов стерлингов ($29,70 млн) по сравнению с 140 млн фунтов годом ранее. Выручка за рассматриваемый период сократилась с 3,46 млрд фунтов годом ранее до 3,32 млрд фунтов. Кроме того, компания заявила о том, что выплатит промежуточные дивиденды в размере 0,9 пенса на акцию.

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17 августа 2016, 10:20

Balfour Beatty shares jump 8.3% after financial update

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

06 июля 2016, 09:24

Рынки акций Европы упали во вторник 2-й день подряд

Европейские фондовые индексы упали во вторник второй день подряд после роста до максимума с февраля по итогам прошлой недели. Инвесторы опасаются последствий выхода Великобритании из Евросоюза (Brexit) для экономики самой страны, Европы и мира в целом, пишет The Wall Street Journal.

05 июля 2016, 11:17

Фондовые индексы Европы снижаются во вторую сессию подряд

Европейские фондовые индексы снижаются во вторник второй день подряд после роста до максимума с февраля.

10 июня 2016, 00:21

Grid Outages Are History With This Texan Innovation

In a world rushing to customize everything, one Texas company is doing the opposite: it’s standardizing its products in order to offer customers a cheap solution to their power security worries. Texas Microgrids, the child of local firm Enchanted Rock and Balfour Beatty Infrastructure Partners, which came into being last month, will install over 50 MW gas-fueled microgrids at 45 locations in greater Houston. And that’s just the start. Microgrids are nothing new, but the latest Microgrids will be different, the company says. Instead…

15 мая 2016, 02:05

Construction bosses ‘tried to hide evidence of their blacklist’

Victims of industry blacklisting awarded £75m out of court and accuse Sir Robert McAlpine, Balfour Beatty and others of attempted cover-up Victims of blacklisting by the construction industry, who were awarded a £75m out-of-court settlement, are to demand a police investigation into their claims that key executives tried to pervert the course of justice.On Wednesday major companies, including Sir Robert McAlpine and Balfour Beatty, issued an “unreserved and sincere” apology in the high court to hundreds of workers for putting them on an illegal blacklist and denying them work over two decades. Continue reading...

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09 мая 2016, 02:01

Blacklisted workers win £10m payout from construction firms

Balfour Beatty and Sir Robert McAlpine among the building giants that have agreed to compensate trade union members for denying them workAbout £10m will be paid in compensation to more than 250 building workers who were “blacklisted” by some of Britain’s biggest construction firms under a settlement to be announced on Monday.The total payout from the out-of-court deal secured from Sir Robert McAlpine, Balfour Beatty and six other building companies by the Unite union on behalf of almost 800 unfairly targeted workers could be as high as £75m. Continue reading...

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13 апреля 2016, 14:32

Balfour Beatty and Interserve accused of migrant worker labour abuses in Qatar

UK construction firms defend working practices in response to claims of reduced wages and withholding labourers’ passportsBalfour Beatty and Interserve, two of the UK’s largest construction companies, have been accused of a raft of labour abuses by migrant workers employed on large-scale projects operated by companies that the firms co-own in Qatar.Labourers on construction sites operated by BK Gulf, co-owned by Balfour Beatty, and Gulf Contracting Company (GCC), co-owned by Interserve, allege that they have been exploited and mistreated by labour supply companies hired by the firms to furnish construction sites in Doha with cheap manual workers. Continue reading...

11 апреля 2016, 10:56

Для F-35 в Британии построят масштабные ангары

В начале апреля Минобороны Великобритании заключило с компанией Lockheed Martin контракты на создание инфраструктуры для базирования планируемых к поступлению истребителей F-35B Lightning II, сообщает блог bmpd со ссылкой на журнал «Jane's Defence Weekly».

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15 марта 2016, 13:31

Upbeat Balfour Beatty narrows losses

Construction group retains faith in turnround and plans to reinstate dividend

19 января 2016, 16:44

Whistleblower gets £137k payout

UK contractor Balfour Beatty pays out a six-figure sum to a whistleblower who accused the firm of ripping off taxpayers.

12 января 2016, 21:55

Sterling-Granite JV Selected for Grand Avenue Bridge Deal

Sterling Construction (STRL) entered into a JV with Granite Construction to replace the Grand Avenue Bridge.

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10 января 2016, 17:46

Balfour Beatty set for London tower deal

Builder secures contract for planned residential skyscraper called The Madison

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10 января 2016, 17:46

Balfour Beatty set for London tower deal

Builder secures contract for planned residential skyscraper called The Madison

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22 октября 2014, 18:41

Olympic Stadium conversion will cost an extra £35.9m

London Legacy Development Corporation to make up shortfall Total costs for West Hams new stadium will rise to £619mWork to convert the Olympic Stadium into a permanent home for West Ham United and athletics will cost £36m more than expected, it has been confirmed, taking the total confirmed spend so far to £619m.It emerged earlier this week that contractors Balfour Beatty had encountered difficulties installing the complex roof that will cover both the athletics track and the retractable seats that will be rolled into position during the football season. Continue reading...

21 октября 2014, 15:12

Frontrunning: October 21

Total CEO de Margerie killed in Moscow as jet hits snow plough (Reuters) China GDP Growth Rate Is Slowest in Five Years (WSJ) Oil at $80 a Barrel Muffles Forecasts for U.S. Shale Boom (BBG) Carney Faces Scrutiny on Worst Payments Outage Since 2007 (BBG) Ebola crisis turns a corner as U.S. issues new treatment protocols (Reuters) Gold Buying Rebounds in India on Diwali Jewelry Sales (BBG) China-backed hackers may have infiltrated Apple's iCloud (Reuters) Greece Said to Seek Recycling of Bank Funds for Exit (BBG) Another merger-arb blows up: AbbVie to Pay Shire $1.64B Fee Over Nixed Merger (AP) Because the market is unrigged: Forex-Rigging Fines Could Hit $41 Billion Globally (BBG) Sears Seeks New Cash Via Two Paths (WSJ) Oil Slump Rings Alarm Bells for Nigeria as Elections Loom (BBG) SEC Is Steering More Trials to Judges It Appoints (WSJ) Hong Kong leader indicates possible concession ahead of talks (Reuters) Government Watchdog Recommends Review of Firm Facing Fraud Allegations (WSJ) For More Teens, Arrests by Police Replace School Discipline (WSJ) Staples says probing possible payment card data breach (Reuters)   Overnight Media Digest WSJ * China's economy grew at its slowest pace for five years in the third quarter, suggesting the government's targeted easing measures to boost economic growth haven't yielded expected results. (http://on.wsj.com/1wl3lbA) * French oil company Total SA said Chairman and Chief Executive Christophe de Margerie died Monday in a plane crash at a Russian airport. (http://on.wsj.com/1tGL8bA) * The U.S. Government Accountability Office on Monday made a rare recommendation that the Department of Homeland Security consider stripping a $210 million contract from a major contractor, delivering a blow to the private company that once carried out most background security checks for the government. (http://on.wsj.com/1CO3PsO) * Samsung Electronics Co said Tuesday the U.S. National Security Agency approved a number of its mobile devices for use by government officials to carry classified information, a positive step for the smartphone maker's struggling mobile division. (http://on.wsj.com/1wh5ZQs) * The Securities and Exchange Commission is increasingly steering cases to hearings in front of the agency's appointed administrative judges, who found in its favor in every verdict for the 12 months through September, rather than taking them to federal court. (http://on.wsj.com/1DuRxHU) * Sears Holdings Corp is again turning to billionaire CEO Edward Lampert for funds, as the struggling retailer shores up its balance sheet ahead of the holiday season and seeks to reassure vendors worried about its health. (http://on.wsj.com/1s0zwss) * CVS Health Corp is offering a prescription-drug plan that charges patients more if they buy their medications at pharmacies that sell tobacco products, a plan that could benefit the company's own network of drugstores. (http://on.wsj.com/1vFcsFZ) * Amazon.com Inc and CBS Corp's Simon & Schuster publishing arm have reached a new multi-year print and digital contract, a pact that comes as the online retailer continues difficult negotiations with Hachette Book Group. (http://on.wsj.com/1FuiFJ6)   FT Bank of England Governor Mark Carney launched an independent review on Monday into what is the worst disruption of Britain's banking payment system in seven years. British Prime Minister David Cameron is under pressure by members of his own Conservative party and harried by the anti-EU UK Independence party to formulate a policy to tackle the issue  of curbing immigration - and fast. However, as the rest of Europe is in no mood to rip up the rules that allow freedom of movement within the European Union, the British prime minister risks angering everyone while pleasing no one. An overnight fire at one of UK's biggest power stations has cut capacity to generate electricity, however the government on Monday insisted that there was no risk of blackouts during winter.     The head of U.S.-based pharma company AbbVie Inc, which had dropped its support last week for a $55 billion takeover of UK drugmaker Shire PLC, blamed the  U.S. Treasury for destroying the deal as both the companies took the final step to nullify the deal.   NYT * A slowing in the pace of growth, partly by design, has made assessing the Chinese economy and predicting its prospects difficult. Chinese inflation is at its weakest levels in nearly five years and foreign investment is contracting. The overall economy, though, continues to chug along at a steady pace. (http://nyti.ms/1t6Yzzn) * More than 14 million vehicles by 11 automakers that contain defective air bags made by Japan's Takata Corp have been recalled. At the heart of the defect is a faulty propellant that is intended to burn quickly and produce gas to inflate the air bag but instead is too strong and can rupture its container, shooting metal parts into the cabin. (http://nyti.ms/1oov2Ba) * Trinity Industries Inc, the highway guardrail maker accused of selling systems that can malfunction during crashes and slice through cars, was found by a Texas jury on Monday to have defrauded the federal government and as a result may need to pay $525 million in damages. (http://nyti.ms/1sJ31mo) * Wall Street's main regulator on Monday stepped up his campaign to improve the ethical culture of large banks. William C. Dudley, president of the Federal Reserve Bank of New York, told bankers assembled at the New York Fed that continued ethical lapses would be a sign that their institutions were too big to manage - and that they might need to be reduced in size. (http://nyti.ms/1CObSpr) * Apple Inc's biggest cash cow, the iPhone, is gaining weight. Sales of iPhones, including the new, big-screen iPhone 6 models released last month, helped carry Apple to a record-breaking quarter and offset slowing sales of one of Apple's other major products, the iPad, the company announced Monday. (http://nyti.ms/121vlYz)   Canada THE GLOBE AND MAIL ** The Conservative government is weighing changes to its key income-splitting promise that would respond to critics who say the tax cut would mostly benefit well-off Canadians. Conservative sources say the notion of capping access to the tax cut so that it is less available to higher-income Canadians is under consideration. (bit.ly/1tHGauZ) ** A company's willingness to become a sponsor of the 2015 Toronto's Pan American/Parapan Games will be considered in the awarding of a new security contract, according to a request for proposals document issued by the TO2015 organizing committee. (bit.ly/1t7wnh5) ** Canada is looking at slapping duties on iconic U.S. products ranging from California wine to ketchup after the World Trade Organization found the country's meat-labelling laws offside for a third time in five years. (bit.ly/ZEewRC) NATIONAL POST ** Toronto Mayor Rob Ford is once again accused of breaking city rules after he was kicked out of three advance polling stations late last week. (bit.ly/10hmCRm) ** Evan Siddall, the president of Canada Mortgage and Housing Corp, acknowledges that there may be a "data gap" when it comes to the degree of foreign ownership in the marketplace, as debate swirls over whether overseas buyers are inflating house prices in markets like Vancouver and Toronto. (bit.ly/1yTR7Lj) ** Questions from the progressive conservatives about the possible sale of public assets and a government loan to a charity to expand a medical research center dominated the return of the Ontario legislature on Monday. (bit.ly/1whwWmZ)   China SECURITIES TIMES - Beijing Tongchuang Jiuding Investment Management Co Ltd, a private equity firm, recently said it invested 3.64 billion yuan ($594.43 million) in Tianyuan Securities, making Tongchuang the first PE company to hold stock in a brokerage in China. SHANGHAI SECURITIES NEWS - China plans to publish the first regulations on the online insurance industry by the end of this year, according to a document obtained by the newspaper from authorities who are familiar with the matter. CHINA DAILY - Information transparency is of great importance for the accountability of the Chinese government and is fundamental to the rule of law, the newspaper said in an editorial. SHANGHAI DAILY - The dean of the Executive Master of Business Administration (EMBA) course at Fudan University said student enrolment has fallen 10 percent after the Chinese government rolled out a series of anti-corruption campaigns, including banning government officials from using public funding to take EMBA courses. PEOPLE'S DAILY - The rule of law has the power to push China going forward. The ongoing fourth Plenary Session of the 18th Central Committee of the ruling Communist Party is a historically important moment to realize this goal, the government's mouthpiece said in an editorial on Tuesday. Britain The Times SIGNALS OF DECLINE MOUNT FOR RAIL ROUTE The TransPennine Express is a microcosm of the British railway industry, at once enjoying unprecedented growth but with old, overcrowded trains that create a bar to economic progress. It is the railway that lives up to only half its name. Its core route is transporting people across the Pennines between Leeds and Manchester, but it does so at non-express average speeds of 40mph. (http://thetim.es/11ZcHk6) CGI EXPANSION GIVES WALES HIGH-TECH JOBS BOOST The burgeoning Welsh high-tech sector is set for a major boost after CGI Group Inc, the Canadian company that bought Logica, announced plans to create 620 skilled jobs in south Wales. CGI, which is the largest tech employer in the region with 900 employees, has announced plans to create hundreds of positions over the next five years after receiving a 3.2 million pound grant from the Welsh Government. (http://thetim.es/1zijBQd) The Guardian BARCLAYS CHAIRMAN QUESTIONS IMPACT OF LARGE BANK FINES ON PUBLIC CONFIDENCE David Walker, appointed chairman of Barclays Plc in the wake of the Libor-rigging scandal in 2012 said on Monday that big fines on banks were making it harder for the industry to win back public trust. He also suggested fines were being levied for activities that in the past might have been regarded as acceptable, though he acknowledged past conduct issues needed to be dealt with. (http://bit.ly/1yc58Rw) FORMER JJB SPORTS CHIEF FAILS TO GIVE EVIDENCE AT 1 MLN STG FRAUD TRIAL Christopher Ronnie, former chief executive of JJB Sports Plc, accused of a 1 million pounds ($1.62 million) fraud has chosen not to give evidence in his defence at his trial. Ronnie was warned by the judge that jurors may "draw such inferences as appear proper" by his failure to take to the witness box. Ronnie is accused of receiving three payments from two sporting goods companies and failing to declare them to JJB's board of directors. Southwark crown court heard he used some of the cash to buy property in Florida. It had been anticipated that he would give evidence in his defence, but his barrister, Jim Sturman QC, told the jury on Monday: "We are calling no evidence at all for Ronnie." (http://bit.ly/1wko2Ey) The Telegraph PUBLIC VOTE ON EU MEMBERSHIP WOULD 'RESOLVE UNCERTAINTY' FOR BUSINESS, SAY CONSERVATIVES A referendum on Britain's membership of the European Union would end companies' concerns over the country's increasingly fractious relations with Brussels, according to Matthew Hancock, Business Minister. Speaking at a CBI event on Monday about Britain's industrial strategy, Hancock denied that the Conservatives' pledge to put the decision on EU membership to voters would create problems for companies. (http://bit.ly/1rZggvj) EUROZONE STARTS QE-LITE AS CURRENCY BLOC FACES FRESH CRISIS The European Central Bank (ECB) has begun purchases of some French assets, in an attempt to revive a flagging eurozone. Monday's purchases marked the start of the covered bond purchase programme (CBPP3), and is one of three new tools intended to stimulate the euro area economy. By buying covered bonds - bonds backed by underlying loans - the ECB intends to expand its balance sheet, and boost demand in the region. (http://bit.ly/1r1mQlQ) Sky News ROYAL MAIL AND AMAZON CREATE 32,000 XMAS JOBS More than 30,000 temporary jobs are to be created for the Christmas postal rush, it has been announced. Royal Mail Plc said it would take on 19,000 additional workers and online retailer Amazon Inc wanted 13,000 staff. Privatised last October, Royal Mail said the jobs will start in the middle of November and end in January, with the peak staffing period in December. The roles will be in support of the company's 124,000 full-time sorting and delivery personnel. (http://bit.ly/1t68lmz) The Independent GREENE KING RAISES GLASS TO SPIRIT MERGER DEAL Greene King and Spirit Pub Company Plc have agreed a 723 million pound takeover to create a pub company with the highest sales in Britain. Together the two will own just over 3000 pubs nationwide, which places them behind rivals Enterprise with 5500 and Punch with 4000. (http://ind.pn/1ybbekU) GOOGLE COMMITS EXTRA $25M TO EUROPE'S TECH START UPS Google Inc has committed a further $25 million to invest in Europe's tech start ups, with the head of the search giant's venture capital arm revealing the company could be on the verge of investing in a London start-up. Bill Maris, who founded Google Ventures in 2009, revealed that the size of Google Ventures Europe's inaugural fund has been raised from $100 million to $125 million. The European arm was announced in July and is based in Clerkenwell. (http://ind.pn/1zilSL8) SHIRE CFO LEAVES FOR SEVERN TRENT AFTER ABBVIE BUYOUT FALLS THROUGH FTSE 100 pharmaceuticals giant Shire Plc has had its finance director poached by water firm Severn Trent Plc, days after the collapse of its $55 billion by US rival AbbVie Inc. (http://ind.pn/1sHVVhU) BALFOUR BEATTY WANTS 'EXTRA 50 MILLION STG' TO FINISH WEST HAM STADIUM CONVERSION Taxpayers could have to find tens of millions more to fund the conversion of the Olympic Stadium into West Ham United 's home as building firm Balfour Beatty Plc presses for more cash. Balfour Beatty - hit by a string of calamitous profit warnings and without a chief executive - won the deal to convert the stadium with a bid of 154 million pounds. But according to the industry website Construction Enquirer, Balfour has been pushing for around 200 million pounds to complete the deal due to the technical complexity of the contract in a series of meetings with the client. Sources told the Enquirer that builder Balfour Beatty is pushing for up to 50 million pounds more to complete the job. (http://ind.pn/1uuap37) (   Fly On The Wall Pre-Market Buzz ECONOMIC REPORTS Domestic economic reports scheduled for today include: Existing home sales for September at 10:00--consensus up 1% to 5.1M rate ANALYST RESEARCH Upgrades Belden (BDC) upgraded to Buy from Hold at Stifel Brandywine Realty (BDN) upgraded to Outperform from Market Perform at Wells Fargo Cabot Oil & Gas (COG) upgraded to Outperform from Market Perform at Bernstein EOG Resources (EOG) upgraded to Buy from Neutral at Guggenheim Eagle Materials (EXP) upgraded to Buy from Hold at Stifel Halliburton (HAL) upgraded to Buy from Neutral at Guggenheim Pioneer Natural (PXD) upgraded to Buy from Neutral at Guggenheim Post Holdings (POST) upgraded to Buy from Neutral at Goldman Rouse Properties (RSE) upgraded to Buy from Hold at MLV & Co. TECO Energy (TE) upgraded to Equal Weight from Underweight at Barclays Downgrades AbbVie (ABBV) downgraded to Neutral from Buy at Guggenheim BHP Billiton (BHP) downgraded to Hold from Buy at Jefferies Bank of Marin (BMRC) downgraded to Market Perform from Outperform at Keefe Bruyette Consolidated Edison (ED) downgraded to Underweight at Morgan Stanley HCP (HCP) downgraded to Hold from Buy at Jefferies IBM (IBM) downgraded to Hold from Buy at Evercore Inland Real Estate (IRC) downgraded to Underperform from Neutral at BofA/Merrill Universal Forest (UFPI) downgraded to Neutral from Buy at Sterne Agee Initiations American Axle (AXL) initiated with a Neutral at Susquehanna American Eagle (AEO) initiated with an Outperform at BlueFin Autoliv (ALV) initiated with a Neutral at Susquehanna BorgWarner (BWA) initiated with a Positive at Susquehanna CONE Midstream (CNNX) initiated with an Overweight at Barclays Dana Holding (DAN) initiated with a Neutral at Susquehanna Delphi Automotive (DLPH) initiated with a Positive at Susquehanna Ford (F) initiated with a Neutral at Susquehanna General Motors (GM) initiated with a Neutral at Susquehanna Lear (LEA) initiated with a Neutral at Susquehanna Liberty TripAdvisor (LTRPA) initiated with an Outperform at Oppenheimer Medley Management (MDLY) initiated with a Buy at Gilford Securities Medley Management (MDLY) initiated with a Neutral at Goldman Medley Management (MDLY) initiated with an Outperform at Keefe Bruyette PC Connection (PCCC) initiated with a Neutral at B. Riley PCM, Inc. (PCMI) initiated with a Buy at B. Riley RealNetworks (RNWK) initiated with a Buy at B. Riley Retail Opportunity (ROIC) initiated with a Market Perform at Wells Fargo Rexford Industrial (REXR) initiated with a Buy at MLV & Co. Tenneco (TEN) initiated with a Positive at Susquehanna Textron (TXT) initiated with an Outperform at Wells Fargo TripAdvisor (TRIP) initiated with an Outperform at Oppenheimer Twitter (TWTR) initiated with a Neutral at Citigroup Visteon (VC) initiated with a Positive at Susquehanna COMPANY NEWS AbbVie (ABBV), Shire (SHPG) announced termination of proposed merger. AbbVie will pay Shire a $1.64B break up fee AbbVie (ABBV) announced new $5B stock repurchase program, raised dividend nearly 17% to 49c per share Total (TOT) confirms death of CEO Christophe de Margerie. de Margerie was killed in a private plane crash at Vnukovo Airport in Moscow, following a collision with a snow removal machine Chipotle (CMG) sees FY15 low to mid-single digits comparable restaurant sales gains DISH Network (DISH) announced that Monday night Turner Networks (TWX) removed Boomerang, Cartoon Network, CNN, CNN en Español, HLN, truTV and Turner Classic Movies from the DISH programming lineup. The two companies have been unable to negotiate the terms of a renewed distribution agreement Rhino Resources (RNO) lowered quarterly dividend to 5c per share from 44c per share EARNINGS Companies that beat consensus earnings expectations last night and today include: Apple (AAPL), Customers Bancorp (CUBI), Lexmark (LXK), Regions Financial (RF), Carlisle (CSL), Signature Bank (SBNY), Steel Dynamics (STLD), First Defiance Financial (FDEF), Helix Energy (HLX), Celanese (CE), East West Bancorp (EWBC), BancorpSouth (BXS), Healthstream (HSTM), Texas Instruments (TXN), Rent-A-Center (RCII), Rambus (RMBS), Illumina (ILMN), Hexcel (HXL), Cadence Design (CDNS), Washington Trust Bancorp (WASH), ServisFirst (SFBS), Chipotle (CMG) Companies that missed consensus earnings expectations include: BBCN Bancorp (BBCN), GulfMark Offshore (GLF), Steel Dynamics (STLD), Potlatch (PCH), Kaiser Aluminum (KALU), Ultra Clean (UCTT), Zions Bancorp (ZION), Wilshire Bancorp (WIBC) Companies that matched consensus earnings expectations include: Brown & Brown (BRO), Packaging Corp. (PKG), Werner (WERN) NEWSPAPERS/WEBSITES Staples (SPLS) may be latest retailer to be hacked, Krebs reports (TGT, HD) Lawyers for Ackman, Valeant (VRX) say Allergan (AGN) CEO oversaw campaign to discredit Valeant, Reuters reports Actavis (ACT), Sanofi (SNY) among bidders for Omega Pharma, Bloomberg reports (PRGO) Yahoo (YHOO) in talks to acquire BrightRoll, TechCrunch reports Apple (AAPL) iCloud may have been attacked by Chinese hackers, Reuters reports Apple (AAPL) to supply more iPhone 6 Plus to satisfy China demand, DigiTimes reports Investigators say plough driver in Total (TOT) crash was inebriated, Reuters says SYNDICATE CEL-SCI (CVM) announces proposed offering of common stock, warrants Tesoro Logistics (TLLP) 20M share Secondary priced at $57.47    

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20 октября 2014, 23:02

Olympic Stadium costs soar to more than £600m after roof complications

Complex structure will not cost West Ham any more Balfour Beatty reported to have requested extra £50mThe overall bill for the Olympic Stadium is set to soar well beyond £600m before West Ham United move in, after it emerged that installing the complex roof would be far more expensive than originally thought.The complications will not cost West Ham, due to move into the 54,000-seat stadium from the start of the 2016-17 season, another penny on top of the £15m they have pledged towards the conversion. Continue reading...

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20 октября 2014, 15:21

West Ham stadium conversion: Balfour Beatty wants 'extra £50 million' to finish the job

Taxpayers could have to find tens of millions more to fund the conversion of the Olympic Stadium into West Ham United’s home as building firm Balfour Beatty presses for more cash.