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Saturday, 20 April 2024
Carillion
LSE
CLLN
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Recent News
More news...
After 'Near Death Experience,' Balfour Beatty Rebounds Big
08:07 | 18/3/18
Engineering News-Record
Management was “in a position where [it] had physical assets to sell, unlike Carillion,” says Kevin Cammack, an analyst at Cenkos Securities, referring to peer UK contractor Carillion plc., which went into compulsory liquidation in January after ...
more»
Aspire Defence Finance says Army Basing Programme Works as normal despite ...
20:41 | 16/3/18
Proactive Investors UK
Aspire Defence Finance PLC (LON:85VK), the issuer for Project Allenby/Connaught has said the project continues to deliver services and the construction of the Army Basing Programme Works is as normal despite the impact of the compulsory liquidation of ...
more»
Carillion Collapse Highlights Accounting Shortcomings — Moody's
23:52 | 14/3/18
Wall Street Journal (blog)
Carillion listed £148 million in bank loans and overdrafts in its 2016 balance sheet. There is no specific requirement for reporting reverse factoring under International Financial Reporting Standards which are the accounting rules Carillion used for ...
more»
UK Lawmakers Angry After Carillion Paid Millions to Advisers
15:48 | 11/3/18
Bloomberg
Carillion had contracts with many arms of government, including building roads and rail links, managing housing for the armed services, and running facilities for schools and hospitals.
more»
Carillion investors vent frustration over auditing
05:41 | 8/3/18
Financial Times
Investors in failed UK construction contractor Carillion vented their frustration with the company's auditor KPMG during a grilling by MPs on parliament's business and pensions scrutiny committees.
more»
FCA quizzes investment groups over Carillion sales
08:39 | 7/3/18
Financial Times
Investors including Standard Life Aberdeen are being questioned by the UK's Financial Conduct Authority over the timing of the sale of their stakes in Carillion, the collapsed outsourcing company. The financial markets watchdog is trying to determine ...
more»
Analysts take a look at Carillion plc (LON:CLLN) having this to say.
21:37 | 5/3/18
Frisco Fastball
Among 14 analysts covering Carillion PLC (LON:CLLN), 0 have Buy rating, 4 Sell and 10 Hold. Therefore 0 are positive. Carillion PLC had 97 analyst reports since July 23, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, January 24 ...
more»
Carillion papers reveal 'pervasive institutional failings'
13:02 | 2/3/18
Financial Times
A presentation by EY to Carillion's board last August highlighted a lack of professionalism and expertise and a culture of non-compliance, according to new evidence submitted to an inquiry by MPs into the failure of Britain's second-biggest ...
more»
When Carillion's Leaders Missed The Biggest Risk Of All
06:10 | 1/3/18
Engineering News-Record
The investigation of the collapse of Carillion plc, the U.K.'s second-biggest contractor and a major government service provider, has in a few weeks produced hundreds of pages of testimony and documents and withering verbal criticism by members of ...
more»
Carillion Executive Sold $1.1 Million in Shares Before Collapse
13:33 | 26/2/18
Bloomberg
Carillion Plc's former finance director sold shares in the U.K. construction company worth about 776,000 pounds ($1.1 million) months before it imploded, according to parliamentary committees.
more»
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