WS Atkins CEO joins Aggreko's board
20th Jan 2015 10:13
Aggreko has appointed the chief executive of WS Atkins as a non-executive director. Prof Dr Uwe Krueger, who has been CEO of Atkins since August 2011, will join Aggreko's board from 1 February. He is currently on the boards of SUSI Partners AG, Zurich and Ontex S.A., Brussels. Ken Hanna, chairman o
Read moreFTSE 100 movers: Aggreko appreciates on deal, Sainsbury's outlook weak
7th Jan 2015 14:00
Shares in temporary power provider Aggreko rocketed after it signed a two-year contract with Energia Argentina and extended another deal in Africa. Aggreko will deliver an extra 150MW of diesel-fuelled power in Argentina and has additionally agreed to extend its existing 300MW of capacity with the s
Read moreInvestec highlights lack of information on new wins at Aggreko
7th Jan 2015 12:52
Aggreko started the year on the front foot, having achieved two contract extensions and one contract win, but the company provided precious little news regarding new contract awards, some analysts pointed out. The firm extended a 300MW contract with Energia Argentina SA for two years on top a new co
Read moreAggreko signs two-year contract to provide power in Argentina
7th Jan 2015 08:08
Temporary power provider Aggreko has signed a two-year contract with Energia Argentina and extended another deal in Africa. Aggreko will deliver an extra 150MW of diesel-fuelled power in Argentina. The group has additionally agreed to extend its existing 300MW of capacity with the same customer abou
Read moreLondon midday: Shares lose early gains as downbeat manufacturing data weighs
2nd Jan 2015 12:09
London shares lost earlier gains by midday on Friday as downbeat manufacturing data across Europe and jitters about political uncertainty in Greece took their toll. The FTSE 100 Index fell back to stand 8.52 points adrift at 6,557.57 shortly before midday in the first trading session of the new y
Read moreLondon open: Stocks weighed down by weak Eurozone data
2nd Jan 2015 08:10
UK stocks started the year slightly higher as those traders back at their screens after the Christmas break kept one eye on a falling euro and another on latest data about the state of the Eurozone's manufacturing sector. As of 08:53 the Footsie had gained 5.4 points to 6,570.19. Speaking to German
Read moreAggreko's new chief executive starts his job
2nd Jan 2015 07:27
Power generator rental group Aggreko has announced that its new chief executive took up his position on Friday. Aggreko said Chris Weston, formerly the managing director of Centrica's international downstream business, had replaced interim chief executive Ken Hanna, who would return to his role as n
Read moreTuesday broker round-up
9th Dec 2014 09:23
Aberdeen: Cantor Fitzgerald initiates with a target price of 520p and a 'buy' recommendation. Aggreko: Jefferies reduces target price from 1810p to 1350p, downgrading to 'underperform'. Ashcourt Rowan: Cantor Fitzgerald initiates with a target price of 270p and a 'buy' recommendation. Ashmore: Can
Read moreFriday broker round-up:
14th Nov 2014 19:34
TSB Banking: Shore Capital reiterates buy with a target price for 325p. Vernalis: Canaccord Genuity ups target to 66p from 56p and reiterates buy. Aggreko: Panmure Gordon and Investec reiterate hold. Gemfields: Numis initiates coverage with a buy recommendation and 70p target price. Ithaca Energy
Read moreFTSE 100 movers: Aggreko pleases with trading update
14th Nov 2014 16:29
Temporary power and temperature control group Aggreko rose strongly after it gave an in-line trading update and said it continued to expect 2014 underlying trading profits to resemble those of 2013. Tesco traded higher after HSBC analysts upgraded their rating to 'overweight' from 'neutral'. This fo
Read moreBroker tips: Aggreko, SABMiller, Dairy Crest
14th Nov 2014 13:17
Third-quarter results from Aggreko were well-received by the market on Friday, but analysts at Peel Hunt chose to keep a 'hold' rating on the temporary power and temperature control group due to a cautious outlook. Peel Hunt analyst Andrew Nussey said that the statement was in line with expectations
Read morePeel Hunt cautious about 2015 outlook at Aggreko
14th Nov 2014 12:24
Third-quarter results from Aggreko were well-received by the market on Friday, but analysts at Peel Hunt chose to keep a 'hold' rating on the temporary power and temperature control group due to a cautious outlook. Aggreko kept its full-year profit guidance unchanged, saying it expects 2014 underlyi
Read moreLondon midday: UK stocks pull back from six-week high despite upbeat Eurozone data
14th Nov 2014 11:28
Mining and oil shares were leading the UK stock market lower on Friday as commodity prices weakened, with the FTSE 100 pulling back after hitting its highest level in a month and a half. Nevertheless, losses were only modest in London, with sentiment supported by some reassuring growth figures from
Read moreMarket overview: US data boosts stocks
14th Nov 2014 09:14
1630:Close Shares of Aggreko led gains on the top flight index after pleasing investors with its trading update. Tesco and Sainsbury also did well, with the former having received an upgrade out of HSBC. Large gains were also to be seen in Petrofac and Aberdeen Asset Management. Boosting stocks on F
Read moreAggreko reiterates profit guidance despite Q3 slowdown
14th Nov 2014 07:29
Temporary power and temperature control group Aggreko kept its full-year profit guidance unchanged, but said that adverse currency movements had a greater impact on its top line in the third quarter while organic growth slowed. The company said it continued to expect 2014 underlying trading profits
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