Finance News – Page 119
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NewsCrest Nicholson targets flotation value of £553m
Shares will be valued at 220p at start of trading on 18 February
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NewsIndustry braces for another year of declining orders
Latest trade surveys show slight pick up in work in final quarter of 2012, but majority of industry continues to suffer
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NewsSkanska boss slams rivals for underbidding
Speaking after firm posted solid results, Mike Putnam hits out at competitors that are making loss-making bids
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NewsSkanska order book up by nearly a quarter
Skanska UK has reported a 23% rise in its order book in 2012, although revenue fell 5% to £1.16bn
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NewsT&T buys US oil and gas specialist
Turner Townsend has expanded in the oil and gas sector with the acquisition of US-based consultant Larkspur Associates
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NewsVinci predicts its order book could fall
Contractor cautious about 2013 as it posts solid results
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NewsInfrastructure boosts Atkins UK headcount
Rail, water, highways and environment work boost staff numbers
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NewsAecom plans $500m share repurchase as profit drops
US-based parent of Davis Langdon posts first quarter results
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NewsBouygues reaches close on £50m Barking regeneration scheme
Contractor to build supermarket and retail development in town centre
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NewsSt. Modwen agrees terms on £150m Swansea job
Developer set to start on university campus site in April
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NewsConstruction contracts for third month running
New business also falls for eighth month in a row in January, says Markit/CIPS survey
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NewsImtech forced to write-off €100m
Dutch-based M E firm Imtech has initiated talks with its banks after being forced to write-off €100m on projects in Poland
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NewsBaggaley in administration
Herbert Baggaley Construction placed in administration just months after a management buyout
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NewsMiller and Sweett police scheme reaches milestone
Criminal justice centre in Aberdeen by consortium involving the two firms reaches financial close
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NewsOlympics lull tipped engineer into insolvency
Boss says quiet summer of work contributed to engineer Zisman Bowyer and Partners’ troubles
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NewsRMJM subsidiaries fold owing £5m
Accountants say there is ‘no prospect’ of trade creditors being paid after RMJM subsidiaries fall into administration
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