Finance ºÃÉ«ÏÈÉúTV – Page 245
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Saint-Gobain and Lafarge plan €1.5bn rights issues
French materials giants both turn to investors for cash boost following sharp downturn in markets
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Manchester contractor Ocon seeks shelter in student flats
Ocon, the Manchester residential contractor, has reinvented itself as a student accommodation specialist in response to the recession
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Banks expect Taylor Wimpey deal in 'late March'
Sources close to the debt talks dismiss speculation deal is due by 10 March
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Land Secs announces rights issue to raise £755m
Developer seeks to strengthen balance sheet after revaluations slash 20% off portfolio's worth
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Housing slump drives Galliford Try £37.5m into the red
Writedowns of £48m on housebuilding side wipe out firm's record profit in non-housing construction
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Travis Perkins reports 23% fall in profit
Builder's merchant cites downturn-related costs of restructuring, lease provisions and asset write-offs and says it is set to weather the storm
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No debt deal this month for Taylor Wimpey
Sources close to the talks between the housebuilder and its lenders say accounting hold-ups are behind latest delay
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Depa halves profit forecast but revenue stays strong
Dubai fit-out firm working on Burj Dubai ups contingencies in response to market downturn
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McCarthy & Stone closes in on rescue deal
Retirement housebuilder is set to get backing of its lenders for debt-for-equity swap
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Jarvis to cut costs as rail hits buffers
Company will reduce operating cost in response to decline in work from Network Rail
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Loan guarantee scheme fails small firms
Businesses face collapse as banks fail to lend despite £1bn government loan finance guarantee
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Carillion seals the deal on £300m Tameside BSF
JV with local education partnership to build more than 12 schools reaches financial close
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Land Securities confirms rights issue plan
Land Securities announces that it is in discussions with investors following press speculation that up to £750m could be raised
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Emaar posts Q4 loss of £330m
Developer of Burj Dubai blames US recession for 10% slip in 2008 revenue
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Analysts predict Persimmon rights issue
Such a move wouild follow rights issue announcements at property groups Hammerson and British Land
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Aukett Fitzroy Robinson: market has got worse since January
Architect claims overseas work will bolster balance sheet and keep 2009 results on track
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Laing O'Rourke gets top marks with £200m London BSF deal
Business barometer But January’s haul of £1.46bn of contracts is 39% down on last year
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Styles & Wood diversifies as retail fit-out market dries up
The chief executive of fit-out group Styles & Wood has said the group will expand into new sectors to combat the retail downturn
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'Crunch month' of June could spell end of partnering
Clients warn summer will be toughest period and study says tender prices will fall 10% in 2009