Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksInterserve Share News (IRV)

  • There is currently no data for IRV

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London pre-open: Stocks to gain ahead of non-farm payrolls, Eurozone GDP, UK inflation expectations

Fri, 05th Dec 2014 07:41

London's blue chips are set to open in positive territory on Friday ahead of non-farm payrolls, with City sources predicting the FTSE 100 will open around 25 points higher than Thursday's close of 6,679.37.The Labor Department's non-farm payrolls report is expected to show that US companies added 228,000 jobs in November, with the data set to be closely watched as the Federal Reserve looks for indications that the economy is healthy enough to raise interest rates.The report comes a day after a report showed initial jobless claims rose 297,000 in the week to 29 November, more or less in line with the 295,000 forecast.CMC Markets UK analyst Jasper Lawler said: "After last month [non-farm payrolls] missed estimates at 214,000, anything above 200,000 without being too close to 300,000 and risking a sooner rate hike from the Fed should be supportive of stock markets, but a miss in estimates may be enough to see dollar weakness."Also on the economic agenda Friday is the release of the Bank of England (BoE) and GfK's inflation expectations for the next 12 months. The BoE on Thursday said it would keep its policy unchanged, as expected.Eurozone gross domestic product (GDP) for the third quarter will also be unveiled, as the European Central Bank monitors the economy after announcing it would maintain policy this week.In company news, oil and gas explorer Ophir Energy has signed a production sharing contract with the Myanmar Ministry of Energy. The deal finalises the award of Block AD-03 offshore Myanmar, in which the group has a 95% operating interest. The group will re-process existing 2D and before acquiring 3D seismic data as part of the initial exploration period.Interserve, the support services and construction group, has acquired the Employment & Skills Group (esg), a UK-based provider of vocational training, skills and employability services, for a cash consideration of £25m. esg is one of the UK's largest private sector providers of training and employment services for government and employers, the group said.Civil engineering group Balfour Beatty has rejected a proposal from an infrastructure fund to acquire its entire public-private partnership (PPP) portfolio for about £1bn. Balfour said the bid from John Laing Infrastructure Fund (JLIF) "falls significantly short of its own view of the value of the portfolio.
More News
21 Sep 2016 07:19

Interserve joint venture awarded UAE mall contract

(ShareCast News) - Interserve announced on Wednesday that its construction joint venture Khansaheb has been awarded an £81m contract by Middle East developer Majid Al Futtaim, to expand and upgrade the City Centre Ajman mall in the United Arab Emirates. The London-listed firm said that under the con

Read more
21 Sep 2016 06:49

Interserve Joint Venture Wins GBP81 Million Contract In Middle East

Read more
19 Sep 2016 08:21

Interserve extends contract with Environment Agency

(ShareCast News) - Support services and construction company Interserve won a two-year extension to its contract with the Environment Agency, worth an extra £11m. Interserve, which first partnered with the Environment Agency in 2013 to provide facilities services including maintenance, cleaning and

Read more
8 Sep 2016 15:12

UK Dividends Calendar - Next 7 Days

Read more
24 Aug 2016 06:46

Interserve Wins GBP17 Million Contract With University Of York

Read more
19 Aug 2016 12:06

INVESTMENT FOCUS-Investors see British infrastructure getting stimulus boost after Brexit

* Bets rise on infrastructure as next UK stimulus * Investors look to add to holdings in the sector By Alasdair Pal LONDON, Aug 19 (Reuters) - UK infrastructure funds are hitting record highs on the prospect of more government spending after Britain's vote to leave the European

Read more
12 Aug 2016 08:29

BROKER RATINGS SUMMARY: Merrill Lynch Upgrades Tullow Oil To Buy

Read more
11 Aug 2016 08:35

BROKER RATINGS SUMMARY: Barclays Cuts Travis Perkins To Underweight

Read more
10 Aug 2016 07:50

Interserve rebounds as interim results show progress

(ShareCast News) - Interserve lifted its interim dividend after a solid six months' trading, cutting debt as it looks to exit from the lossmaking Energy from Waste (EfW) business. Revenue in the six months to 30 June of £1.63bn was 2.4% higher than the same period last year and, excluding the £70m e

Read more
10 Aug 2016 07:33

LONDON MARKET OPEN: G4S And Entertainment One Lead Mid-Cap Gainers

Read more
8 Aug 2016 07:10

Interserve secures BBC security contract extension

(ShareCast News) - Support services and construction group Interserve has been awarded a two-year extension of its contract to provide security services to the BBC worth more than £20m. Interserve has been providing the BBC with security services since 2014, when it was awarded the company's Nationa

Read more
8 Jul 2016 09:01

BROKER RATINGS SUMMARY: Property Stocks Continue To Receive Downgrades

Read more
1 Jul 2016 08:51

BROKER RATINGS SUMMARY: Berenberg - Buy Dignity; Liberum - Buy Genus

Read more
1 Jul 2016 07:24

LONDON BRIEFING: Carney Lifts Brexit Blues With Policy Assurance

Read more
30 Jun 2016 08:44

BROKER RATINGS SUMMARY: Reckitt Liked By JPMorgan, Macquarie And HSBC

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.