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Balfour Beatty PLC Add to portfolio

LON250:BBY, Apr 05, 07:33 UTC

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Friday, March 27


News

Balfour Beatty board follows Kier’s move to take 20% pay cut

BBY

Balfour Beatty’s main board has decided to take a 20% salary cut in response to the coronavirus crisis. Balfour this morning also announced it was delaying its annual general meeting due to be held on 14 May and was reviewing whether to pay its proposed year-end dividend. “In line with the current guidance on COVID-19 from the UK Government, the group’s sites and contracts will remain operational where it is practical to appropriately implement the Standard Operating Procedure issued by the Construction Leadership Council, and endorsed by Public Health England. Balfour Beatty said it was facing the crisis from a strong financial footing, built up over the last five years.

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Friday, March 20


News

Precast Construction Market Booming by Size, Revenue and Top Growing Companies – ACS Group, Bechtel, CSCEC, Larsen & Toubro (L&T), VINCI, Balfour Beatty, Bouygues Construction, Daiwa House Group, Granite Construction, Kiewitas – Monroe Scoop

BBY

Precast Construction Market Booming by Size, Revenue and Top Growing Companies – ACS Group, Bechtel, CSCEC, Larsen & Toubro (L&T), VINCI, Balfour Beatty, Bouygues Construction, Daiwa House Group, Granite Construction, Kiewitas. The report presented here comes out as a highly reliable source of information and data on the Precast Construction market. The researchers and analysts who have prepared the report used an advanced research methodology and authentic primary and secondary sources of market information and data. The report offers an in-depth assessment of key market dynamics, the competitive landscape, segments, and regions in order to help readers to become better familiar with the Precast Construction market.

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Thursday, March 19


News

Balfour Beatty Campus Solutions to Develop Mixed-Use Student Housing Project at Bowie State University

BBY

Balfour Beatty Campus Solutions, a leading developer and operator of infrastructure projects for the college and university market, is pleased to announce that financial close has been reached on a public-private partnership (P3) project at Bowie State University to deliver an on-campus housing community that will also feature an entrepreneurship center designed to house University-run business organizations. Balfour Beatty Campus Solutions, along with architect Design Collective Inc. and builders Balfour Beatty Construction and Smoot Construction, collaborated with BSU leadership and Maryland Economic Development Corporation (MEDCO) on the planning and design of the new student housing community and entrepreneur center to ensure the details of the project met the University’s goals and objectives. "Our partnership with BSU is a perfect example of the innovation that a P3 solution can bring to universities and their students," said Bob Shepko, president of Balfour Beatty Campus Solutions. "This partnership allows the University to support their growing student body with much-needed modern housing options and provides a dedicated place for the creative leaders of tomorrow to develop their knowledge and skills as they prepare to enter the business world upon graduation."

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Wednesday, March 18


News

Why Balfour Beatty's share price is at risk

BBY

“At the end of the day, the most important thing is how good are you at risk control.”. So said legendary stock trader Paul Tudor Jones. Big losses are the death knell to a portfolio, and that’s why great investors focus on risk just as much as returns - no matter how tempting it is to get carried away with future prospects. Some very smart people have come up with proven checklists over the years that can drastically improve risk management with minimal effort. Clearly, avoiding the stocks this checklist highlights could save us a lot of pain in the long run. And what it says about Construction & Engineering operator Balfour Beatty (LON:BBY) might well be keeping the group’s chief financial officer, Philip Harrison, up at night... GET MORE DATA-DRIVEN INSIGHTS INTO LON:BBY ». How the Altman Z-score works and why Balfour Beatty shareholders should pay attention. Those with a Z-Score of less than 1.8, on the other hand, have been shown to have a significant risk of financial distress within two years. As we mentioned earlier, numerous historical studies have shown the Z-Score to be an accurate predictor of imminent financial distress for those companies that score less than 1.8. If we apply it to Balfour Beatty what do we get?

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Friday, March 13


News

Is Balfour Beatty PLC (BAFYY) Stock Undervalued Right Now?

BBY

Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. BAFYY is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A. Value investors will likely look at more than just these metrics, but the above data helps show that Balfour Beatty PLC is likely undervalued currently. And when considering the strength of its earnings outlook, BAFYY sticks out at as one of the market's strongest value stocks.

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Thursday, March 12


News

Broker Forecast - UBS issues a broker note on Balfour Beatty PLC, 12 Mar 2020 11:30

BBY

12 March 2020, 11:30. UBS today reaffirms its buy investment rating on Balfour Beatty PLC (LON:BBY) and raised its price target to 350p (from 340p). Broker Forecasts data provided by www.sharesmagazine.co.uk. Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. Related Charts. Balfour Beatty (BBY)delayed 18:39PM.

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Wednesday, March 11


News

FTSE 250 movers: Balfour Beatty surges on results; Finablr falls again

BBY

FTSE 250 movers: Balfour Beatty surges on results; Finablr falls again. (Sharecast News) - London's FTSE 250 was down 1.2% at 17,333.22 in afternoon trade on Wednesday as investors mulled over a surprise rate cut by the Bank of England and the Budget.Finablr, which shares a co-founder with NMC Health, slumped after the UAE private healthcare operator said on Tuesday that it had identified $2.7bn in additional debt.Security services company G4S was sharply lower after it posted a drop in full-year pre-tax profit and said it swung to a statutory loss as it took a ?291m charge related to its UK cash business.Cineworld was on the back foot as RBC Capital Markets downgraded the stock to 'outperform' from 'top pick', slashing the price target to 200p from 300p amid concerns about the impact of the coronavirus.Hotel group PPHE was also in the red as it updated investors on the impact of the Covid-19 outbreak. On the upside, Balfour Beatty surged after it reported an 8% increase in annual operating profit as the infrastructure group increased sales and orders, while Quilter was up on the back of well-received full-year results.FTSE 250 - RisersBalfour Beatty (BBY) 253.40p 14.76%Tullow Oil (TLW) 17.78p 8.74%Aston Martin Lagonda Global Holdings (AML) 214.10p 8.32%Spirent Communications (SPT) 221.50p 5.23%Hill & Smith Holdings (HILS) 1,374.00p 4.89%Bakkavor Group (BAKK) 92.00p 4.78%Quilter (QLT) 139.10p 4.74%Avon Rubber (AVON) 2,360.00p 4.19%Fisher (James) & Sons (FSJ) 1,836.00p 4.08%Countryside Properties (CSP) 446.00p 3.96%FTSE 250 - FallersFinablr (FIN) 23.56p -21.36%G4S (GFS) 108.00p -18.64%Cineworld Group (CINE) 86.98p -9.41%Wizz Air Holdings (WIZZ) 3,067.00p -9.15%Provident Financial (PFG) 319.10p -7.45%PPHE Hotel Group Ltd (PPH) 1,390.00p -7.33%Avast (AVST) 349.40p -7.03%GVC Holdings (GVC) 652.60p -6.24%Ashmore Group (ASHM) 376.00p -6.23%Network International Holdings (NETW) 477.50p -6.19%. (Adds comment from company, no immediate from MLB, NHL)WASHINGTON, March 11 (Reuters) - The U.S. Federal Aviation Administration (FAA) on Wednesday issued an emergency order revoking the operating certificate of a Texas company for conducting dozens ... UK house price growth hits nearly four-year high - RICs.

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News

Balfour Beatty News Headlines. BBY Share News. Financial News Articles for Balfour Beatty Plc Ord 50P updated throughout the day.

BBY

(Alliance News) - Stocks in London are set to open higher on Wednesday, boosted by a weaker pound after the Bank of England surprised markets with an interest rate cut to cushion the UK economy in response to the Covid-19 virus outbreak. The Monetary Policy Committee unanimously decided to cut UK interest rates by 50 basis points to 0.25% from 0.75% at a special meeting ending on Tuesday, back to the record low reached in the aftermath of the vote to leave the EU in 2016. Ipek Ozkardeskaya at Swissquote said: "The surprise BoE cut sent cable below the USD1.29 mark and should encourage a further weakness toward the 200-day moving average, which currently stands near USD1.2720. Cheaper sterling could help tempering the sell-off across British equities, but it may not do much to sooth concerns about coronavirus-led global slowdown and tumbling oil prices." "While Covid-19 continues to evolve, Balfour Beatty is monitoring developments closely, looking to mitigate the risk that it may have on the group's employees, customers and supply chain. At this point in time, all sites and offices in the UK, the US and Hong Kong remain open. However, it is too early to fully assess any impact of the outbreak on the operational and financial performance of the group," said Balfour.

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News

Balfour Beatty to hold off on capital structure review till virus impact clearer

BBY TRI

Balfour Beatty to hold off on capital structure review till virus impact clearer | NASDAQ. March 11 (Reuters) - Infrastructure firm Balfour Beatty BALF.L confirmed on Wednesday it would wait until it had a clearer understanding of the coronavirus situation before making any moves on its capital structure. Sky News had reported on Tuesday that the company had deferred plans for an intended 200 million pound-share buyback due to the market turmoil caused by the virus. The London-headquartered company, which is working on projects that are part of High Speed 2 rail line, also reported a 10% rise in underlying pretax profit to 200 million pounds, for full year ended Dec. 31.

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Tuesday, March 10


News

Balfour Beatty delays buyback amid virus turmoil

BBY

Balfour Beatty, the construction group, has deferred plans for a £200m-plus share buyback amid stock market turmoil caused by the coronavirus. Sky News has learnt that Balfour Beatty had been considering announcing the capital return alongside its annual results, which will be released on Wednesday. One source said the company, which is one of the principal contractors on the HS2 high-speed rail link, had decided against proceeding with the buyback for the time being. Balfour Beatty has experienced an impressive turnaround in its performance under chief executive Leo Quinn and Philip Aiken, its chairman, who joined within a few months of one another just over five years ago.

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