Balfour Axes $303M Share Buyback, Warns Of Lower Profits

By Linda Chiem ( January 22, 2015, 1:25 PM EST) -- British infrastructure firm Balfour Beatty PLC on Thursday nixed an up to £200 million ($302.5 million) share buyback program and lowered its construction profits forecast on the heels of an independent probe by KPMG into Balfour's embattled U.K. construction business....

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