Investments and investor services
FTSE 100 closes firmly lower on chilly Wednesday with ITV the big switch-off
The Footsie may have mainly traded sideways throughout the day but there have been some notable movements among blue-chips.
Company
Weir Group PLC
LON:WEIR
The Weir Group provides support services primarily to the mining, oil & gas and power industry's and is a member of the FTSE 250.
148 stories · page 5 of 8
Archive
Advertising key to ITV's latest results broadcast; Taylor Wimpey continues housebuilder updates
Day ahead includes full-year results from blue chips including broadcaster ITV PLC, housebuilder Taylor Wimpey PLC, motor insurer Admiral PLC, and mid cap estate agents Foxton's PLC
FTSE 100 closes at third successive new high but retailers lag
FTSE 100 closed in London around 14 points higher at 7,762
Pumps specialist Weir Group tempers growth forecasts
Operating profits will be lower than first anticipated, but the business appears to be in reasonably good health
FTSE 100 closes a shade higher as pound strengthens ahead of rate decision
Around 4pm, the UK blue chip index rose 2 points to 7,490
Archive
BP kicks of big oil reporting season as investors adjust to the new normal for crude
Day ahead includes third quarter updates from blue chip oil major BP PLC, advertising giant WPP PLC, and mid cap food delivery firm Just Eat PLC
FTSE 100 closes near flat as traders look for direction; Dow Jones surges
The UK blue chip index closed its account on Tuesday up 2.09 at 7,526.
Weir Group shares fall as first half results fail to excite after bullish trading update earlier this month
For the first-half, Weir reported 26% growth in revenue to US$1,091bn, although at constant currency that growth was reduced to 10%
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
Weir Group up as pumps firm raises full-year guidance thanks to accelerated recovery in Northern American oil and gas markets
In a trading update, the FTSE 250-listed group said that, in recent weeks, upstream North American markets have recovered more strongly than formerly anticipated
Investments and investor services
FTSE 100 closes higher as Chinese data bolsters miners
The blue-chip index has traded sideways since about 8.30 this morning
Hedge funds raking it in again today, as heavily-shorted Carillion's shares drop sharply once more
After plunging 37.5% on Monday after the FTSE 250-listed firm issued a revenue warning, Carillion’s shares dropped almost another 30% today to hover at around 84p
Weir expands in Asia with around US$114mln cash acquistion of KOP Surface Products
The FTSE 250-listed firm is buying Singapore-based KOP, which makes wellheads, valves and other equipment from Norwegian-listed oilfield services investor Akastor ASA
FTSE 100 closes at record high; miners in support
The UK blue chip index closed at 7,454, below the new intra-day peak of 7,460.20, but above the previous high of 7,447 hit in March
Weir Group rallies as Barclays upgrades rating to ‘overweight’ and lifts target price
Barclays sees an attractive entry point in Weir as shares in the oil and gas engineer have fallen 7% since reporting a decline in full year profits
Pumps manufacturer Weir sees profits drop, although fourth quarter prospects improve in oil and gas sector
The firm saw its pretax profits fall to £170mln for the six months to December 31, down from £219mln a year earlier, impacted by the severe oil and gas market downturn.
BP and Shell go head-to-head on 'Super Tuesday'
A day for Big Oil - BP and Shell are going to have oil analysts jostling for elbow room
Week Ahead: BP and Shell in clash of the titans
BP & Shell are both issuing interims on Tuesday - about as likely as Taylor Swift and Katy Perry performing a duet together
Haitong sees little eastern promise in mining
Broker believes miners are facing commodity price falls in the fourth quarter