London afternoon: Banks help retrace losses
7th Jul 2010 14:26
London's leading shares have retraced most of the earlier losses as Wall Street starts with some modest gains. Wall Street was expected to begin jittery but moved ahead with tech stocks leading the advance. Banks, which were lower earlier in the day, have now retraced those losses. Lloyds and HSB
Read moreLondon midday: Market struggles despite BP rally
7th Jul 2010 12:07
A cautious update from Marks & Spencer and weak banking shares are weighing on the market despite good showings from BP and Sainsbury's. M&S reported a 3.6% rise in UK like-for-like sales in the first quarter, but is cautious about the outlook for consumer confidence and spending. Like for like sal
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
7th Jul 2010 07:58
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0658 GMT [Dow Jones] Smiths Group's (SMIN.LN) new funding plan for its two major U.K. pension schemes is "slightly novel" bec
Read moreMARKET TALK: Smiths Grp Funding Plan "Slightly Novel" -Arden
7th Jul 2010 07:58
0658 GMT [Dow Jones] Smiths Group's (SMIN.LN) new funding plan for its two major U.K. pension schemes is "slightly novel" because it allows Smiths keep its contributions in an escrow account, which means it will not immediately see money taken off its balance sheet, says Arden Partners analyst Chris
Read moreSmiths Group Increases Contributions To 2 Pension Schemes
7th Jul 2010 07:39
By Vladimir Guevarra Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Industrial conglomerate Smiths Group PLC (SMIN.LN) Wednesday said it is increasing contributions to its two major U.K. pension schemes--which recently showed a total deficit of GBP655 million--with the condition that it may redu
Read moreSmiths agrees pension deficit reduction plan
7th Jul 2010 07:34
Engineer Smiths has agreed a ten-year plan with its trustees to reduce the £655m deficit in its two main pension funds. There has already been a significant uptick in the value of the funds, Smiths says, as the valuations were taking in March and April 2009 at the worst of the credit crunch. Going
Read moreSmiths Group, TI Pension Scheme Agree 10-Year Funding Plans
7th Jul 2010 07:17
LONDON (Dow Jones)--Smiths Group Plc (SMIN.LN), a global technology company, announced Wednesday that the company and the Trustees of its two major U.K. pension schemes - Smiths Industries Pension Scheme or SIPS and the TI Group Pension Scheme or TIGPS - have agreed 10-year funding plans. MAIN F
Read moreBroker tips: Astra, Smiths Group, HMV
30th Jun 2010 12:23
Panmure Gordon has doffed its hat to AstraZeneca's legal eagles after the drugs giant's favourable verdict in a Delaware court on its CRESTOR patent. "The company's impressive record in intellectual property litigation continues with a win on Crestor to accompany wins on Prilosec, Pulmicort respul
Read moreBroker snap: Smiths more of a long term pick
30th Jun 2010 11:03
Nomura Securities has an inkling that it might be revising upwards its earnings estimates for Smiths Group after an impressive two-day investors briefing last week by the technology firm. "We not only found the presentations very informative in terms of a clear business strategy but we also left wi
Read morePRESS RELEASE: Hypertronics Announces High Density Modular Printed Board Circuit Connectors
15th Jun 2010 16:00
KMR Connectors Now Available for Commercial and Military Aircraft HUDSON, Mass.--(BUSINESS WIRE)--June 15, 2010-- Hypertronics Corporation, a Smiths Interconnect business and world-leading provider of high performance interconnect solutions for the most demanding applications, today released its
Read more2nd UPDATE: China Sets Effective Duty For EU X-Ray Equipment Imports
9th Jun 2010 09:48
(Adds one of the companies named in the ruling.) By J.R. Wu Of DOW JONES NEWSWIRES BEIJING (Dow Jones)--China on Wednesday effectively levied anti-dumping duties on imports of X-ray equipment from the European Union by requiring companies to pay deposits for such imports, after the initi
Read morePRESS RELEASE: Hypertronics Celebrates 40 Years of Performance, Reliability and Innovation
8th Jun 2010 14:05
HUDSON, Mass.--(BUSINESS WIRE)--June 08, 2010-- Hypertronics Corporation, a Smiths Interconnect business and world-leading provider of high performance interconnect solutions for the most demanding applications, today announced that it is celebrating its fortieth year providing innovative interc
Read moreLondon midday: Decent morning for Footsie
18th May 2010 12:10
Footsie has made decent progress this morning helped by gains for utilities and the non-bank and insurance bits of the finance sector. Man Group is the best performer on reflection of yesterday's deal to buy GLG for $1.6bn. Inter-dealer broker ICAP is also in demand, while mezzanine finance lende
Read moreLondon open: Bright start for Footsie
18th May 2010 09:02
Footsie has made good progress in early dealing with miners rallying and some decent results this morning. Mobile giant Vodafone expects to see revenues in its core business grow again in the current year after recent declines with a promise of dividend growth of at least 7% for the next three year
Read moreLondon pre-open: Shares to move higher
18th May 2010 07:40
Footsie is expected to move ahead following an improvement on Wall Street following the close here yesterday Mobile giant Vodafone expects to see revenues in its core business grow again in the current year after recent declines with a promise of dividend growth of at least 7% for the next three ye
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