Finance News 鈥� Page 311
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NewsStewart McColl steps down as chief executive in SMC reshuffle
Chairman Rodney Walker takes over dad to day running of the architect following profit warning as McColl moves to role of deputy chairman
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NewsMystery firms close in on Foster
The architect met four private equity firms this week ahead of a senior management meeting
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NewsInterest rates remain at 5.25%
After last month's rise the Bank of England today voted to keep interest rates at 5.25%.
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NewsGalliford Try buys Linden Homes for 拢244.5m
Galliford Try's housing business will operate under Linden Homes banner as takeover propels group into housebuilder top ten
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NewsInterserve sack four executives over 拢25m 鈥榖lack hole鈥�
Support services firm takes action after 拢25m was wiped from its industrial services division last year
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NewsWYG buys Turner Holden for 拢900,000
Payment could rise to 拢1.4m if town planning consultant hits performance targets in first year of trading
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Multiplex in takeover talks with Canadian asset firm
A takeover by Brookfield Asset Management could involve a partial buy back by Roberts family
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NewsBellway and Wren Homes upbeat ahead of interims
Bellway completions up 10% for six months to January 31 while Wrens interims are in line with expectations
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NewsSharp rise in New Year activity
Construction kicks off 2007 in style as commercial growth drives spurt in purchasing activity
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NewsArup鈥檚 profit jumps 268% 鈥� with a little help from China
Consultant cashes in on 2008 Beijing Olympic projects but growth reported in all areas
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NewsHopkins鈥� profit jumps 65% after 鈥榗hallenging鈥� period
Architect posts pre-tax profit of 拢1.4m 鈥� one of the best results in its 30-year history
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NewsSMC shares dip
Shares in architect SMC Group dropped one-third after the company warned that full-year pre-tax profit for the year ending 31 December 2006 would be below market expectations.
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HBOS to sell majority stake in McCarthy & Stone
HBOS is looking to sell most of its stake in retirement home specialist McCarthy & Stone just five months after buying it in a 拢1.1bn deal.
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Travis Perkins snaps up firm
Builders merchant Travis Perkins has bought insulation supplier Passmore Drywall & Insulation for 拢13.4m.
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Profit rises 16% at Welsh contractor Watkin Jones
Contractor Watkin Jones posted a 16% rise in pre-tax profit for the year ending 30 September 2006.
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Tata wins Corus takeover battle with 拢6.7bn bid
Tata Steel has come out top in the battle for UK steelmaker Corus after a four-month battle that culminated in an eight hour auction.
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NewsAlfred McAlpine acquires Enviros for 拢30m
Support services business buys environmental consultant from management team
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NewsBalfour Beatty buys US construction business for 拢184m
The UK contractor plans to build a significant operation in the US after buying Centex Construction
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NewsTata wins battle for Corus
Indian company's bid of 608p per share is enough to beat Brazilian rival CSN in nail-biting auction
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