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.
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 · page 2 of 4
Archive
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.
Archive
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