|Bid||272.00 x 1065500|
|Ask||0.00 x 172600|
|Day's range||286.20 - 290.37|
|52-week range||252.80 - 318.60|
|PE ratio (TTM)||11.90|
|Earnings date||15 Aug 2018|
|Forward dividend & yield||0.04 (1.26%)|
|1y target est||334.44|
Balfour Beatty has been contracted by NP International (NPI) to build the 1.3-million-square-foot, mixed-use Gables Station development located in the heart of Coral Gables, Fla. Comprised of three towers, the development will feature 120,000 square feet of retail space, 500 residential units, including 66 furnished extended-stay hotel units, and a 1,000-car parking garage. The transit-oriented Gables Station project site is situated within a growing commercial corridor on U.S. Highway 1 and adjacent to the Miami Metrorail, providing easy access to the Miami International Airport, Brickell, downtown Miami, Coconut Grove, and Dadeland.
July 12 (Reuters) - Balfour Beatty PLC: * BALFOUR BEATTY FAR EAST JOINT VENTURE WINS HK$2.6 BILLION CONTRACT FOR HIGHWAYS DEPARTMENT OF HONG KONG * WORKS HAVE ALREADY COMMENCED WITH COMPLETION EXPECTED ...
Mid-caps stocks, like Balfour Beatty plc (LON:BBY) with a market capitalization of UK£2.02b, aren’t the focus of most investors who prefer to direct their investments towards either large-cap or small-capRead More...
British business leaders warned Prime Minister Theresa May during a meeting on Monday that maintaining frictionless trade with the European Union after Brexit was probably more important than any tariff levels, a source told Reuters. May and several top ministers met business chiefs including the bosses of pharmaceuticals giant GlaxoSmithKline (Other OTC: GLAXF - news) , supermarket Tesco (Frankfurt: 852647 - news) , carmaker Aston Martin, telecoms firm BT and construction company Balfour Beatty (Other OTC: BAFBF - news) to discuss Brexit. May's government is divided over two alternatives regarding which customs arrangement to seek with the European Union after the end of a transitional period designed to bridge Britain out of the bloc, which ends in 2020.
British construction company Galliford Try Plc is likely to face additional costs due to weather-driven delays in the construction of Aberdeen's new ring road this year, the company said on Tuesday. Along with Balfour Beatty (Other OTC: BAFBF - news) , Galliford is striving to complete the Aberdeen project following the collapse of Carillion Plc (Frankfurt: 924047 - news) , which was a major partner in what is one of Scotland's biggest motorway construction projects of recent years. Practical completion of the project is anticipated this summer, Galliford said.
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As part of the company’s never-ending commitment to accepting nothing less than Zero Harm for anyone coming into contact with its work, Balfour Beatty has kicked off its Safety Week 2018 campaign. Balfour Beatty joins over 80 construction firms from across the country with the collective mission of reinforcing the industry’s dedication to eliminating injury, and fostering a shared culture of care, concern and the belief that every week must be Safety Week. As an annual sponsor of the week-long campaign that runs May 7-13, Balfour Beatty teams and trade partners across the country are taking a stand for safety and reflecting on what’s most important – going home safe to their families every day.
Balfour Beatty has been awarded a contract by Perseus TDC for the conversion of the 200 Stovall St. office building in Alexandria, Va. The adaptive reuse project will transform the existing 610,000-square-foot, 13-story office building into a 16-story, mixed-use residential development. When complete, the 200 Stovall apartment community will be comprised of 520 apartment units and 25,000 square feet of ground-floor retail. Located within two blocks of the Eisenhower Metro station, the development is situated within the Hoffman Town Center, which includes a variety of restaurant, retail and entertainment options, as well as the National Science Foundation headquarters.
May 1 (Reuters) - Balfour Beatty PLC: * BALFOUR BEATTY FAR EAST JOINT VENTURE WINS C.HK$4BN (C.£370M) RESIDENTIAL CONTRACT IN HONG KONG * SUBSIDIARY OF ITS 50:50 FAR EAST JOINT VENTURE, GAMMON CONSTRUCTION, ...
The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, ...
Balfour Beatty has named David Hodnett senior vice president and chief legal officer for its U.S. buildings operations. The company has also promoted Sonya Roberts to vice president of compensation and benefits for Balfour Beatty’s U.S.
The demise of Carillion came after construction companies took on major contracts at thin margins, leaving them nursing losses in the event of delays or problems. "Companies are starting to recover from what effectively was very low pricing in 2013 and 2014," Balfour Beatty Chief Executive Leo Quinn told Reuters. "I wouldn't brand the industry like Carillion," he added.
Britain's Balfour Beatty (Other OTC: BAFBF - news) reported a tripling of annual profit on Wednesday and said the construction industry was returning to health after the high-profile collapse of Carillion (Frankfurt: 924047 - news) this year. The demise of Carillion came after construction companies took on major contracts at thin margins, leaving them nursing losses in the event of delays or problems. "Companies are starting to recover from what effectively was very low pricing in 2013 and 2014," Balfour Beatty Chief Executive Leo Quinn told Reuters.
Balfour Beatty has named David Simonton vice president of operations in Charleston, S.C. and promoted Greg Kendrick to vice president of operations in Charlotte, N.C. The leadership appointments in Balfour Beatty’s Carolinas buildings operations align with the company’s continued commitment to investing in talent to meet the needs of its clients in strategic growth markets.
Balfour Beatty has promoted Ed Prendergast, Jr. to vice president and business unit leader for its buildings operations in central Texas. Having previously served as vice president of business acquisition for Texas operations, Prendergast’s promotion is aligned with Balfour Beatty’s commitment to meeting the expanding needs of its clients in the high-growth central Texas market.
Balfour Beatty has been awarded a $1.95 billion design-build-finance-operate-maintain contract by the Los Angeles World Airports for the construction of the Automated People Mover at Los Angeles International Airport .
The stake was sold to funds managed by Equitix Investment Management Ltd for an expected profit of 22 million pounds, Balfour said. Balfour Beatty has now sold a cumulative 25 percent of its original 40 percent holding in Connect Plus for a total of 207 million pounds. In December, Balfour agreed to sell an additional 7.5 percent stake in Connect Plus to Dalmore Capital, a week after it sold a 12.5 percent stake to the fund management company to reduce debt.
The design and build part of the contract has been awarded to a joint venture of construction groups, in which Balfour and Fluor Corp each have 30 percent stakes, while Flatiron West and Dragados USA each have 20 percent stakes. The contract will include designing and building a 2.25-mile (3.6 km) long, above ground airport transport system to connect LAX central terminal area to a rental car facility, six stations and a vehicle maintenance facility, Balfour said in a statement.
Britain's Balfour Beatty said on Friday its joint venture had won a $1.95 billion contract relating to building, financing and managing an airport transport system at Los Angeles International Airport ...
Balfour Beatty was selected by Westdale and KDC to build The Epic, a 16-story office tower located in Dallas’ historic Deep Ellum neighborhood. With construction underway, the 290,000-square-foot office tower with 847-car garage, is the first phase of the planned 8-acre, mixed-use development that will combine Class A office, multifamily, retail and a boutique hotel.
Balfour Beatty has announced executive leadership updates, including the promotion of Leon Blondin to chief executive officer of U.S. buildings operations and the promotion of John Rempe, PE, to president and chief executive officer of U.S.
LONDON/CAMBRIDGE, England, Jan 16 (Reuters) - Britain ordered a fast-track inquiry into the role played by Carillion (Frankfurt: 924047 - news) 's directors in the failure of the construction and services group, as some of its thousands of small suppliers started to lay off workers on Tuesday. The government, which relies on big outsourcing companies such as Carillion to provide services from school dinners to road building, stepped in to guarantee that key contracts would be unaffected. Business Secretary Greg Clark said a full picture of the events which caused Carillion to enter liquidation needed to be established by the Insolvency Service.
LONDON/EDINBURGH, Jan 16 (Reuters) - The collapse of British services group Carillion started to hurt thousands of small contractors on Tuesday, with some laying off workers after the rapid demise of a company that was winning state contracts as recently as November. Rudi Klein, head of Britain's Specialist Engineering Contractors' Group, estimated that Carillion had left a trail of 1.2 billion pounds ($1.65 billion) in unpaid bills to thousands of small subcontractors. The government was forced to guarantee the provision of public services from school meals to road projects.
Carillion (Frankfurt: 924047 - news) ultimately went under for the same reason every company goes under - it was overwhelmed by its debts and was unable to obtain further credit from its lenders. At the heart of that were cost overruns on major construction projects on which Carillion was working as a contractor for the Government: the £745m Aberdeen bypass, the £335m Royal Liverpool University Hospital and the £350m Midland Metropolitan Hospital at Smethwick near Birmingham.