Infrastructure solutions company Costain announced the award of the M6 J21a-26 smart motorway contract by Highways England on Monday.
Costain said on Tuesday that it had been awarded a technology contract by Highways England, and confirmed that current trading is in line with expectations.
Broker Numis said on Thursday that it expects UK rail to be a key growth area for the construction sector in the foreseeable future, with phase-one of HS2 in 2020 and 2021 offsetting the completion of major rail projects from Crossrail and Thameslink.
Construction and engineering group Costain has been appointed by the Crown Commercial Service (CCS) to provide consulting services as part of its management consultancy framework.
Wall Street finished on a slightly mixed note but off its session lows following the release of data showing an unexpected sharp drop in the country's jobless rate to its lowest since January 2001 and amid some reports of potential new missile tests by North Korea.
Pennon's Viridor waste treatment arm and John Laing have agreed the terms by which the Greater Manchester Waste Disposal Authority will cancel its 25-year recycling and waste management private finance initiative contract.
Civil engineer Costain reported a 34% rise in underlying operating profit for the first half on Wednesday as revenue grew and it bumped up its interim dividend by 10%.
Stocks futures were pointing to a weaker start to trading on Wall Street, with a softer than expected reading on private sector payrolls doing little to help matters.
British Gas owner Centrica said energy consumption has been lower than expected in the UK and North America so far in 2017 due to warmer than normal weather and that UK wholesale oil, gas and power prices have all fallen since it announced results in February.
The chief executive of construction and engineering group Costain, Andrew Wyllie, was set to confirm at the company's annual general meeting on Monday that current trading is in line with expectations.
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Shares in Costain are up more than 2% after turned in an improved full-year pre-tax profit and dividend, along with a record high-quality forward order book.
Transport for London has agreed a £500m deal with contractors Costain, Morgan Sindall and Skanska to carry out major road improvement projects over the coming four years.
Funding outlined in the Autumn Statement could be good for alternative housing providers, contractors, but potentially problematic for mainstream housebuilders, and bad for letting agents, according to broker Stockdale.
Construction and engineering group Costain has been awarded a contract worth £113m by National Grid to upgrade its Peterborough and Huntingdon compressor stations as part of the company's Emissions Reduction Project.
The UK government has published the route for the second phase of the HS2 rail line from Crewe to Manchester and the West Midlands to Leeds.
Construction and engineering group Costain reported a rise in first-half pre-tax profit as revenue grew and the order book remained at a record level.
Costain's newly appointed chairman Paul Golby purchased more than £111,000 worth of shares in the engineer on the day it released strong first-half trading update.
Construction and engineering firm Costain announced the appointment of Dr Paul Golby as its new chairman, replacing David Allvey who will retire at the annual general meeting in May after seven years.
Costain Group's concentration on high value clients may have shown its worth on Wednesday, as the company recorded some impressive improvements in its revenue and earnings.