Company
Renishaw PLC
LON:RSW
Renishaw designs, developments and sells a wide range of specialist tools for metrology, motion control, machine calibration, dental CAD/CAM and spectroscopy. Its metrology products help manufacturers to maximise production output, to reduce significantly the time taken to produce and inspect components, and to keep their machines running reliably.
61 stories
Hardware & electrical equipment
Renishaw reports positive start to year but cautions on weakening market
The engineering group has seen a weakening in order intake from the semiconductor and electronics sectors
Hardware & electrical equipment
Renishaw warns of a weakening outlook while reporting record full-year profits and revenue
"We have, however, recently seen a weakening in order intake from the semiconductor and electronics sectors, and general market sentiment is becoming more cautious," said Will Lee, Renishaw chief executive
Hardware & electrical equipment
Renishaw cranks up dividend as semiconductor and automation markets drive growth
Last July, founders Sir David McMurtry and John Deer abandoned a formal sale process as no buyer could be found who could be guaranteed to respect the company culture and employees
Archive
FTSE 100 ends lower as miners and home builders weigh
US weekly jobs claims fell to 290,000 from 296,000, which was a bit below the consensus forecast of 297,000.
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boohoo Group investors keenly await news of supply chain review
Boohoo is expected to release its results on Thursday, Go-Ahead now are not.
Hardware & electrical equipment
Renishaw enters sale process as founders want to offload their stake
Executive chairman David McMurtry and non-executive deputy chairman John Deer said they are not "getting any younger" and want to ensure the future of the firm
Hardware & electrical equipment
Renishaw runs into profit-taking despite sharp increase in profits
Peel Hunt has hiked its target price to 5,000p while sticking with its ‘hold’ recommendation, saying a projected price/earnings ratio of around 52 is plenty high enough
Hardware & electrical equipment
Renishaw’s Parkinson’s treatment and additive manufacturing could add billions in value, says Berenberg
The broker said the precision tools maker had multiple positive qualities and they did not expect the “strong momentum” in the company’s stock to fade in the near term
Hardware & electrical equipment
Renishaw expects challenging markets after 97% full-year profit crash
To cope with the crisis, the high-precision tool maker axed jobs across its global operations and cancelled dividends
Hardware & electrical equipment
Renishaw drops final dividend as trading remains subdued
“The board will review its position on dividends during the next fiscal year with the intention of reinstating the dividend as soon as it is appropriate to do so”
Hardware & electrical equipment
Renishaw ticks up as it sounds confident note despite pandemic decline
The upbeat outlook accompanied a sharp decline in the none months to 31 March, which saw profits slump just over 60%
Hardware & electrical equipment
Renishaw delivers third profit warning this year, blaming ‘global macro environment’
It marks the engineering company’s third profit warning in this calendar year.
Archive
Last 'super Thursday' before Brexit as BoE, Shell and LSE updates eyed
On 1 August, other half-year updates include British American Tobacco, Barclays, Standard Chartered and Capita
Hardware & electrical equipment
Renishaw warns on profits for second time this year
“Notwithstanding the current economic uncertainties, the board remains confident in the future prospects of the group”
Hardware & electrical equipment
Renishaw warns full-year results will miss its previous guidance as a slow-down in demand has continued
The FTSE 250-listed firm said now it expects its full-year revenue to be in the range of £595mln to £620mln, with adjusted pre-tax profit to be in a range of £117mln to £135mln
Archive
First big wave of corporate results to hit on Thursday: BT, Unilever, Shell, Diageo to stand out
Aside from the tide of blue-chip results, some big second line news will also flow on Thursday from the likes of Britvic, Dairy Crest, Premier Oil, Rank Group, and Renishaw
Hardware & electrical equipment
Renishaw reports slip in first-quarter profit, flags up some Brexit impact uncertainties.
The FTSE 250-listed firm said its adjusted pre-tax profit from continuing operations for the first quarter fell to £32.6mln, down from £35.8mln last year
FTSE 100 closes in red as Wall Street shares lag; Brexit exhaustion
The UK blue-chip benchmark finished down over 27 points at 7,026, while the FTSE 250 closed down over 52 points at 18,961.
Archive
Sales acceleration expected from Unilever after Marmite maker's Dutch move stymied
Aside from the latest trading news from Unilever, the Day Ahead includes updates from blue-chip peer Rentokil Initial and FTSE 250-listed Domino's Pizza
Housebuilders in focus as Barratt Developments and Bellway update on trading
The week ahead includes full year results from Bellway and ASOS, interims from Gear4Music and trading updates from Barratt Developments, Segro, Unilever, Domino's Pizza and Rentokil
FTSE 100 keeps head above water at close: Facebook in focus
The Nasdaq on Wall Street is down over 88 points at the time of writing, at 7,420.
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Blue-chip deluge on Thursday with Royal Dutch Shell, AstraZeneca and Diageo (and more) set to report
Three of the 10 largest London-listed companies (by capitalisation) are updating the market on Thursday. A dozen or more other household names are also expected to report.
Hardware & electrical equipment
Double whammy for Renishaw as Numis moves to ‘buy’ after strong trading update
In a trading update on Wednesday, Renishaw hiked its adjusted profit before tax forecasts to a range of £145mln to £160mln this year, on revenue of between £585mln and £610mln
FTSE 100 closes higher, boosted by oil stocks
President Donald Trump decided to abandon a key Iran nuclear deal, sending oil prices higher
Archive
Beer and pasties to provide sustenance, with updates due from Wetherspoons and Greggs
Day Ahead includes trading updates from pubs operator JD Wetherspoon and bakery chain Greggs, plus interims from blue chips cigarettes firm Imperial Brands and travel group TUI
Investments and investor services
FTSE 100 closes lower as Euro gains ground
Britain's blue-chip benchmark finished around 27 points lower at 7,615.
Investors to look for clarity on Fox takeover in Sky’s trading update on Thursday
The proposed £11.7bn takeover of Sky from Fox is all becoming a bit messy, so investors will be hoping the UK broadcaster can shed some light on whether a takeover from anyone is likely
After AVEVA’s £3bn merger with Schneider, which other UK companies could be subject to a bid from abroad?
The weak pound has made UK businesses more attractive to overseas buyers with Worldpay, Sky and Unilever all being targeted this year
Archive
FTSE 100 closes nine points lower as AstraZeneca weighs
It's been a busy day here in London; 15% of FTSE 100-listed companies have had some sort of meaningful news out...
Archive
Lloyds to report strong quarterly figures in first results since government sold remaining stake
Lloyds Banking Group and Royal Dutch Shell are among a slew of companies reporting earnings on Thursday
Worldpay takeover may be first of many as US firms go Brexit bargain hunting
ITV, Burberry and GlaxoSmithKline could face potential bids from international rivals as a weaker pound stokes interest in a number of UK-based firms
Investments and investor services
Sky, Unilever and Diageo all on the agenda for a busy Thursday
BT Group shocked investors earlier this week so many will be waiting on tenterhooks to hear whether TV and broadband bundling rival Sky is faring better.
Archive
Small decline in 2016 revenue tipped for Unilever
Also reporting: Diageo, Daily Mail, Sky, Anglo American, Lonmin, St James's Place and Whitbread
Archive
Of BT's battles with Ofcom & Sky, and Unilever's face-off with supermarkets
Lots of big names reporting this week including: BHP, Dixons Carphone, easyJet, Diageo, Sky, Unilever and BT
Risers and Fallers: IRG, MTI Wireless Edge, Northcote Energy, Ten Alps, Waterman, Xtract Resources
Major share price risers and fallers in London at 4.00pm
PREVIEW: Solan in focus for Premier Oil investors
The Solan field came online in April, and its early performance will be a key highlight for investors.
Week Ahead: Summit Therapeutics to reflect on year of unrelenting progress
News flow for the drugs developer has been nothing but positive this year
Thursday's agenda: US markets a downer for Diageo
Two years of disappointing operational performance have left the Johnnie Walker whisky maker unloved
Week ahead - Will Diageo's forex hangover have eased?
Investors will be looking to see what Diageo, the drinks giant, pours out...
Investments and investor services
FTSE100 ends higher; Shire may be eyeing new US bid target
A Shire spokesperson said: "We don't comment on rumour/speculation."
Investments and investor services
Risers & Fallers: Strat Aero, Rank Group, Bango, Renishaw, Fusionex, PeerTV...
Below are the main news-driven share price movements at 4pm.
Thursday's agenda - Fed rate decision only story in town?
A clutch of corporate announcements will greet investors on Thursday, but of course there is really only one story in town...
Investments and investor services
Risers & Fallers including Nighthawk Energy, Greggs, Renishaw, Tullow, Lonmin and more...
Both ends of the risers and fallers were due to drilling updates.
Archive
Wednesday's agenda - Sky among the riders as results pour in
Wednesday sees a veritable clutch of results statements from some big guns....