Rolls-Royce wins £50m machinery contract offshore Brazil
10th Jun 2014 07:03
Engineering firm Rolls-Royce has won a contract worth £50m to supply deck machinery for four large anchor handlers offshore Brazil. The vessels, to be delivered for Edison Chouest Offshore, have been developed to operate in Brazilian waters under an eight-year contract with Petrobas. The machinery
Read moreRolls Royce scores deals to design large offshore vessel
29th May 2014 07:57
Rolls-Royce has won a contract to design and equip a large offshore support vessel for Norwegian ship owner Island Offshore, it announced on Thursday. The contract value to Rolls-Royce is close to £35m. The vessel, which will be one of the largest in Island Offshore's fleet, will include a 250 to
Read moreEveryman Media Group non-exec stocks up
14th May 2014 15:49
Independent cinema group Everyman Media Group on Wednesday announced Michael Rosehill, a non-executive director, had bought a round of shares worth 13,069 pounds. Rosehill paid 91p for each of the 14,362 shares. The group, which listed on AIM in November last year, posted a 27% increase in annua
Read moreFTSE 100 movers: Housebuilders lifted by Taylor Wimpey, easyJet slides
13th May 2014 14:39
Barratt Developments and Persimmon tracked sector peer Taylor Wimpey higher, which rose after giving a bullish outlook alongside a 'new and enhanced set of financial targets'. AstraZeneca was also higher after reiterating its defence to an attempted takeover by US rival Pfizer. AstraZeneca said Pf
Read moreLondon midday: Stocks pull back on earnings, Petrofac plummets
9th May 2014 11:35
- Petrofac delivers profit warning, IAG and Friends Life fall - Stocks pull back from recent highs - Chinese inflation slows to 18-month low techMARK 2,789.07 -0.65% FTSE 100 6,817.83 -0.31% FTSE 250 15,908.47 -0.38% UK stocks retreated from a near 11-week high on Friday with a raft of disappointi
Read moreLondon open: Petrofac leads fallers as stocks pull back from 11-week high
9th May 2014 08:31
- Petrofac drops after profit warning - FTSE 100 pulls back from highest since Feb 24th - IAG impresses with first quarter, Friends Life falls techMARK 2,792.72 -0.52% FTSE 100 6,823.10 -0.24% FTSE 250 15,899.90 -0.43% UK stocks pulled back from its highest level in nearly 11 weeks on Friday morni
Read moreLondon pre-open: FTSE to decline early on
9th May 2014 07:40
The FTSE is set for a decline early on ahead of what is set to be a reasonably light day for both data and corporate news. The top tier index is expected to open around 17 points below yesterday's close of 6,839.25. The Dow Jones Industrial Average closed modestly higher last night after data sho
Read moreRolls-Royce announces 60m pounds of offshore orders
9th May 2014 07:25
Rolls-Royce has secured over 60m pounds of orders for its offshore ship designs and equipment from a variety of international customers. The engineering group announced the contracts, which include five Rolls-Royce UT Design vessels and propulsion equipment packages for research and seismic survey
Read moreFTSE 100 movers: Experian leads downside, ex-divi stocks weigh
7th May 2014 15:31
Experian disappointed with its outlook statement as it said it faces 'a number of one-off headwinds' that will constrain growth in the first half. After going ex-dividend, Morrison led the supermarket sector lower, dragged further into the red by a report from Kantar which showed industry growth i
Read moreBroker tips: HSBC, AstraZeneca, Rolls-Royce...
7th May 2014 13:34
HSBC shares will continue to underperform the wider banking sector following the company's 'mixed' first-quarter results, according to wealth manager Brewin Dolphin. Overall, we would argue that this is a mixed set of results: costs, impairments and capital were all either better or in line with ex
Read moreLondon midday: Stocks slip on mixed earnings, Ukraine tensions
7th May 2014 11:57
- Markets give mixed reaction to corporate earnings - Ukraine tensions continue to rise - Investors nervous ahead of Yellen speech techMARK 2,783.30 -0.31% FTSE 100 6,773.54 -0.37% FTSE 250 15,890.46 -0.30% A flurry of mixed corporate earnings pushed UK markets lower on Wednesday morning, while in
Read moreRolls-Royce energy unit sale to Siemens better than expected, says Investec
7th May 2014 10:31
Investec has reiterated its 'buy' recommendation for engine maker Rolls-Royce, saying that the sale of its energy gas turbine and compressor business to Siemens is a 'good deal'. The unit, which supplies aero-derivative gas turbines, compressor systems and related services to customers in the oil a
Read moreLondon open: Ukraine concerns dampen stocks early on
7th May 2014 09:25
- L&G, G4S, Sainsbury and ITV lead risers - WM Morrison, ex-div stock provide a drag - Ukraine tensions continue to rise - Markets nervous ahead of Yellen speech techMARK 2,784.08 -0.29% FTSE 100 6,774.00 -0.36% FTSE 250 15,870.07 -0.43% Ongoing tensions in Ukraine and a host of mixed corporate ea
Read moreLondon open: Ukraine concerns dampen markets early on
7th May 2014 08:24
- L&G, G4S, Sainsbury and ITV lead risers - WM Morrison, ex-div stock provide a drag - Ukraine tensions continue to rise - Markets nervous ahead of Yellen speech techMARK 2,785.10 -0.25% FTSE 100 6,779.09 -0.29% FTSE 250 15,870.62 -0.43% Ongoing tensions in Ukraine and a host of mixed corporate ea
Read moreLondon pre-open: FTSE to head lower, Yellen and Ukraine in focus
7th May 2014 07:40
London-listed stocks are expected to fall at the opening bell of today's session, extending yesterday's losses and tracking a negative finish in both the US and Asia overnight. City sources predict the FTSE 100 will open around 25 points yesterday's close of 6,798.56. Twitter, AIG and Netflix dra
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