Barclays initiated coverage of three UK contractors on Thursday, saying it expects investors to remain cautious given their volatile track record and perceived risk.
Alliance Pharma: Numis downgrades to add with a target price of 99p.
James Hind, finance director of geotechnical solutions specialist Keller Group, acquired 24,736 ordinary shares in the London-based firm at an average price of 975.50p each as part of a transaction linked to an exercise of his share award.
Geotechnical solutions specialist Keller Group boosted pre-tax profit by 50%, as turnover grew to more than £2bn thanks to the firm's execution of more than 6,300 projects around the world.
Geotechnical solutions specialist Keller announced on Friday that it is in talks to buy US-based geotechnical contracting company Moretrench, as it said US tax changes will benefit its future after tax earnings.
Geotechnical contractor Keller Group reported a jump in pre-tax profit on Monday as it posted record first-half revenue thanks to a weaker pound in the aftermath of the Brexit vote.
Geotechnical contractor Keller Group said it had sold the freehold of a processing and warehousing facility to CSUK1 Holdings Limited and CSUK1 Investments Limited for £62m in cash.
FTSE 250 engineer Keller Group has bought US infrastructure monitoring company GEO-Instruments, for an undisclosed sum.
Geotechnical contractor Keller Group posted its results for the year to 31 December on Monday, reporting record revenue of £1.78bn, up from £1.56bn, which the board said was mainly due to currency movements and strong growth in Europe, the Middle East and Africa.
Ground engineering specialist Keller Group announced the appointment of Dr Venu Raju as executive director with effect from 1 January, replacing Dr Wolfgang Sondermann who will resign from the board at the end of December.
FTSE 250 geotechnical contractor Keller has been awarded a ground improvement contract in Durban, South Africa, valued at more than £40m.
Keller shares tanked on Thursday after the FTSE 250 ground engineering company cautioned that its full-year 2016 underlying results will be around 15% below current market expectations, mainly due to underperformance in the Asia Pacific division.
Keller Group has been awarded a "major" contract in Port Said, Egypt, valued at around £60m.
Ground engineering company Keller and a partner have won a £50m construction contract in Abu Dhabi.
Geotechnical contractor Keller Group posted its results for the six months to 30 June on Monday, with record first half revenue of £850m, up 12%, but guided markets towards the lower end of the Board´s range of expectations.
Financials and big oil continued to power ahead at the middle of the week as the threat from two of the market´s most recent bugbears appeared to receed a little.
Coca-Cola HBC directors Anastasios and Christo Leventis, major shareholders connected with the New Argen private equity group, confirmed they had sold £15.4m worth of shares.
As investors gathered for Keller Group's annual general meeting on Tuesday morning, the ground engineering specialist revealed its numbers were ahead of last year in year-to-date trading.
ITV: Jefferies reiterates buy with a target price of 310p, Exane BNP Paribas keeps at neutral with a target of 250p, UBS stays at sell. 230P target and Nomura reiterates buy with a target price of 320p.
Keller Group was looking strong as it reported its final results on Monday, with revenue down as large projects finished, but earnings solid as the company invested in higher-growth markets.