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July 6, 2010

Balfour Beatty's order book grows despite uncertainty


Shares of Balfour Beatty advanced as much as 8% on Tuesday after the British infrastructure giant said its order book was growing despite tighter infrastructure spending from governments throughout Europe.

Balfour Beatty also reassured investors that trading has met its expectations so far this year. Its order book is expected to be ahead of the 14.1 billion GBP ($21.4 billion) it reported at the end of the year

Full story....

Posted by mopeng at July 6, 2010 10:15 AM