Snippets Corner: 15 March 2010 – TSE, SDG, PPT
March 14, 2010
Transfield Services Limited (TSE) announced that its partnership with Dexter Construction Co. Limited has been selected as the preferred proponent of a 30-year operations, maintenance and rehabilitation project by the New Brunswick Highway Corporation. The company said the Route 1 Gateway Project is a Public Private Partnership, which includes the construction of 55 kilometres of a new four-lane highway and upgrades to existing sections of Route 1. Transfield said the contract is expected to be finalised in the next four weeks.
Sunland Group Limited (SDG) shares were over 5% higher early after the property group said it was upgrading its guidance from around $15 million, to between $17 million and $18 million. The upgrade was a result of settlements for the house and land segment beginning earlier than anticipated and therefore being included in this year’s results.
Perpetual Limited (PPT) said its funds under management as at 28 February 2010 were $28.4 billion. The company said funds under management as at 31 January 2010 were $28.2 billion.
Sunland Group Limited (SDG) shares were over 5% higher early after the property group said it was upgrading its guidance from around $15 million, to between $17 million and $18 million. The upgrade was a result of settlements for the house and land segment beginning earlier than anticipated and therefore being included in this year’s results.
Perpetual Limited (PPT) said its funds under management as at 28 February 2010 were $28.4 billion. The company said funds under management as at 31 January 2010 were $28.2 billion.
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