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United States

Samantha Machado

Balfour Beatty defies UK construction gloom with stellar results

Aug 14 2019

Shares in Balfour Beatty rose 13% after its underlying profit more than tripled in Britain where it is working on lower risk contracts such as major road improvements, a rail link, and a nuclear power station.

Debenhams to name Stefaan Vansteenkiste as CEO - source

Aug 07 2019

British department store group Debenhams will appoint Stefaan Vansteenkiste as its new chief executive officer, while Terry Duddy will step down as chairman in September, a source familiar with the matter told Reuters on Wednesday.

Debenhams to name Stefaan Vansteenkiste as CEO -source

Aug 07 2019

Aug 7 British department store group Debenhams will appoint Stefaan Vansteenkiste as its new chief executive officer, while Terry Duddy will step down as chairman in September, a source familiar with the matter told Reuters on Wednesday.

Staffline share issue dilutes Cat Rock's stake

Jul 22 2019

Cat Rock Capital's stake in Staffline Group Plc has fallen by more than half after the activist investor did not participate in the recruiter's latest placement, a regulatory filing on Monday showed.

Homebuilder Barratt to beat profit view as cost control efforts pay off

Jul 10 2019

Barratt Developments' efforts to cut costs by making changes to the design of the houses it builds will help the company to report annual profit that beats market expectations, the company said on Wednesday.

UPDATE 2-Homebuilder Barratt to beat profit view as cost control efforts pay off

Jul 10 2019

* CEO says cost cut measures include reducing height of houses

Bovis Homes sees more demand even as Brexit weighs on sector

Jul 09 2019

Housebuilder Bovis said on Tuesday it expected to post a higher first-half profit after selling more affordable homes at increased prices and saw solid demand for the year, bucking the trend of a wider anaemic real estate market.

UPDATE 2-Bovis Homes sees more demand even as Brexit weighs on sector

Jul 09 2019

* Cost cuts offset hit from rising build cost (Adds Brexit context, shares, estimates)

Menzies nosedives after profit warning as aviation services struggle

Jul 05 2019

John Menzies Plc warned on Friday that earnings would not grow in 2019 as the British aviation servicing company battles weak cargo volumes and cuts in flight schedules, sending its shares more than 20% lower.

UPDATE 2-Menzies nosedives after profit warning as aviation services struggle

Jul 05 2019

* Warning follows gloomy comments from European airlines (Adds CEO, analyst quote, details on aviation industry, cost cuts)

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