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...It was simultaneously announced that France’s Alstom had withdrawn its interest in bidding for the contract, leaving Bombardier, Construcciones y Auxiliar de Ferrocarriles, Hitachi and Siemens to compete...
Move to starve Gbagbo of crucial funds is likely to drive up prices
...Fomento de Construcciones y Contratas sank 1.9 per cent to €19.62. OHL fell 2.1 per cent to €19.55....
...Fomento de Construcciones y Contratas was also the victim of its own success after Banesto cut its rating on the stock from “overweight” to “neutral”, saying recent outperformance had lifted the shares beyond...
...The consortia in the running include Bombardier and IL&FS of India; GE India and Larsen & Toubro, an Indian engineering and construction conglomerate; Siemens and Gammon India; Reliance Energy and Construcciones...
...Fomento de Construcciones y Contratas climbed 2.5 per cent to €52.65 after its subsidiary FCC won a €1.5bn water treatment contract in Portugal....
...After inheriting stakes in their late father’s construction group Fomento de Construcciones y Contratas, the siblings have worked to diversify their investments - Esther even promised last year to double...
...Acciona fell 2 per cent to €77.35 while Fomento de Construcciones y Contratas dropped 3 per cent to €45.71 on analyst reports that the sector may have peaked....
...Fomento de Construcciones y Contratas, the Spanish building group, rose 2.4 per cent to €39.85 after reporting a surge in fourth-quarter profits, helped by strong growth in its services division....
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