London midday: FTSE little changed as investors digest US rate expectations
9th Nov 2015 11:50
(ShareCast News) - Housebuilders were the standout losers on the FTSE 100 after after Friday´s much stronger-than-expected US jobs report for October stoked speculation of rising interest rates worldwide. At midday, the FTSE 100 was off by just 0.69 points or 0.01% to 6,353.11. The latest US non-fa
Read moreLondon open: Financials in the lead, homebuilders move lower
9th Nov 2015 08:30
(ShareCast News) - Financials were leading gains on the Footsie early on Monday, with utilities and homebuilders again bearing the brunt of the selling pressure on the top flight index after Friday´s much stronger-than-expected US jobs report for October. The FTSE 100 was trading up by 0.33% to 6,37
Read moreAggreko sticks to full year guidance despite tough backdrop
9th Nov 2015 07:39
(ShareCast News) - Aggreko maintained its full year profit expectations despite a challenging market backdrop, as it reported a fall in third quarter sales. In a trading update for 1 July to 8 November, the temporary power provider said underlying revenue for the period was 7% behind last year, with
Read moreAggreko appoints Nicolas Fournier as MD of Power Solutions
28th Oct 2015 11:27
(ShareCast News) - Temporary power provider Aggreko announced the appointment of Nicolas Fournier as managing director of its Power Solutions division, with effect from 2 November. This announcement follows the reorganisation, announced on 22 June, to move from a regional structure to two separate b
Read moreAggreko director steps down
16th Oct 2015 08:00
(ShareCast News) - Debajit Das has stepped down from his role of director at Aggreko, the power and temperature control solutions provider confirmed on Friday. Das, who held the role of regional director for Asia Pacific, had originally indicated he would leave the company on 22 June this year, when
Read moreFTSE 250 movers: Healthy rise for Synergy Health, Aggreko powers down
25th Sep 2015 16:18
(ShareCast News) - The FTSE 250 was up 287.23 points or 1.74% to 16,801.76, rising sharply on Friday morning on the back of Janet Yellen's comments overnight. Synergy Health shares skyrocketed on the news that a federal court in Ohio has ruled against the Federal Trade Commission's request for a pre
Read moreAggreko buys Canada's ICS for £18m
2nd Sep 2015 07:37
(ShareCast News) - Temporary power provider Aggreko said it has agreed to buy most of the assets owned by Canada's ICS Group Inc for £18m. Aggreko said the deal will not only establish a presence in the North American heater market, but would also provide a geographic footprint in cities such as Cal
Read moreBarclays upgrades Aggreko, says bad news is priced in
10th Aug 2015 09:04
(ShareCast News) - Temporary power provider Aggreko got a boost after Barclays upgraded the stock to 'overweight' from 'equalweight'. It said the majority of possible bad news has materialised, the revised strategy is sensible and this is likely to prove one of the lowest valuations relative to the
Read moreFTSE 250 movers: Commodity prices pull oil stocks down
6th Aug 2015 14:48
(ShareCast News) - London's FTSE 250 fell slightly on Thursday, down 0.25% to 17,731.01 at 1456 BST. Tullow Oil led the fallers, declining 8.67% to 222.20p while fellow oil company Premier Oil was not far behind, falling by 7.81% to 116.80p. The pair suffered at the hands of falling oil prices as a
Read moreAggreko posts 21% drop in first-half profit, warns of difficult year ahead
6th Aug 2015 08:21
(ShareCast News) - Temporary power supplier Aggreko posted a 21% drop in first-half profit as it warned that 2016 will be a difficult year, with margins and returns likely to be lower. For the six months ended 30 June, pre-tax profit came in at £102m from £130m, hit by a slowdown in the North Americ
Read moreSunday share tips: Aggreko, Stadium, Hiscox
2nd Aug 2015 14:59
(ShareCast News) - Shares of Aggreko are worth holding, wrote Dannny Fortson in the Sunday Times' Inside the City column. New chief executive Chris Weston took over in January and his review of the temporary power supplier is to be unveiled on Thursday along with interim results. A dose of redundanc
Read moreFriday broker round-up
24th Jul 2015 16:19
(ShareCast News) - Aberdeen Asset Management: JP Morgan Cazenove reiterates neutral stance and trims target to 415p from 435p. SocGen stays at hold but lowers target to 410p from 485p. Jefferies keeps at hold with 405p target, down from 460p. Aggreko: Investec keeps at sell. AG Barr: Investec reite
Read moreLondon open: FTSE 100 resilient in face of weak China, Eurozone PMIs
24th Jul 2015 09:19
(ShareCast News) - Investors braved weaker than expected readings on Chinese and Eurozone manufacturing and lingering worries regarding Greece, allowing the top flight index to recover after dipping at the start of trading. As of 09:05 the Footsie was 7.34 points higher to end at 6,665.30. Stocks r
Read moreAggreko shares tumble after profit warning
24th Jul 2015 09:05
(ShareCast News) - Shares in Aggreko tumbled 15% after the temporary power provider said its interim and full-year results are likely to miss market expectations as a result of ongoing security challenges in Yemen and a further slowdown in its North American oil and gas related business. The company
Read moreAggreko names KPMG as new auditor
13th Jul 2015 09:12
(ShareCast News) - Power and temperature control solutions provider Aggreko said it aims to appoint KPMG as external auditor for the year ending 31 December 2016. In a short statement released on Monday, the FTSE 250 group said it will seek shareholders approval at the annual general meeting in 2016
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