London open: Oil to dominate again
8th Mar 2011 08:47
Oil and Libya are set to dominate again after yesterday's frantic trading on oil markets. US light crude for April delivery is currently down $1.60 at $103.84 a barrel. Saudi Arabia and others are going to raise output to keep the global economic recovery on track. That has taken some of the pressu
Read moreFull steam ahead as Spirax announces special divi
8th Mar 2011 08:27
Tuesday has been a day for special dividends and though the 25p special from Spirax Sarco may not match the one-off payment from Antofagasta, the steam trap and pump maker's shareholders are unlikely to complain as the shares hit a 52-week high. On top of the 25p special dividend the full year divi
Read moreSpirax Sarco improves sales in second half
8th Nov 2010 17:28
Sales have grown quicker at Spirax Sarco during the second half than in the first, the steam trap and pump maker said Monday, although the easy comparisons of 2009 are now behind it. In the ten months to October, sales are up 14%, with 9% of that growth organic and 5% from acquisitions and currency
Read moreUK Small,Mid-Caps To Attract Buyers On Weak Pound-Fund Manager
21st Jul 2010 13:38
By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Investors are set to take advantage from the effect of a weak sterling on U.K.-based international companies, manager of the BlackRock UK Special Situations Fund Richard Plackett said Wednesday, especially those interested in smal
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
14th Jul 2010 08:06
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0706 GMT [Dow Jones] Investec initiates coverage of Spirax-Sarco Engineering (SPX.LN) at buy with 1660p price target. Say
Read moreMARKET TALK: Investec Starts Coverage Of Spirax-Sarco At Buy
14th Jul 2010 08:06
0706 GMT [Dow Jones] Investec initiates coverage of Spirax-Sarco Engineering (SPX.LN) at buy with 1660p price target. Says the business model is robust with a broad spread of end markets, wide geographical exposure and significant product revenue streams. Says: "We believe the group can continue to
Read moreBroker tips: Michael Page, Bovis Homes, Spirax-Sarco
9th Jul 2010 12:59
KBC Peel Hunt expects to upgrade its profit forecasts for Michael Page by about 25% for this year and next following the recruiter's second quarter update, cementing the stock's position as one of the broker's top picks in the recruitment sector. "Michael Page's experienced management team, strong
Read moreBroker snap: Spirax story has further to run
9th Jul 2010 11:57
Panmure Gordon has reiterated its "buy" recommendation for Spirax-Sarco Engineering and bumped up its price target following the steam trap and pump specialist's pre-close statement on Tuesday. "Organic growth rates are running as expected but mix and margins are developing favourably at a faster p
Read moreCORRECT: Spirax-Sarco Engineering Unit Buys Assets For GBP2.1M
7th Jul 2010 12:09
("Spirax-Sarco Engng Unit Buys Assets For GBP2.2M," published at 1038 GMT, misstated acquisition value in the headline and first paragraph. The correction derives from the company. The correct version follows:) LONDON (Dow Jones)--Spirax-Sarco Engineering Plc (SPX.LN), an engineering company,
Read moreSpirax-Sarco Engng Acquisition - Replacement Announcement
7th Jul 2010 11:59
TIDMSPX RNS Number : 9709O Spirax-Sarco Engineering PLC 07 July 2010 ? +-----------------------------------------------+--------------------------------+ | Spirax-Sarco Engineering plc | | | | Charlton H
Read moreSpirax-Sarco Engng Acquisition
7th Jul 2010 11:32
TIDMSPX RNS Number : 9682O Spirax-Sarco Engineering PLC 07 July 2010 ? +-----------------------------------------------+--------------------------------+ | Spirax-Sarco Engineering plc | | | | Charlton H
Read moreMARKET TALK: Arbuthnot Upgrades Spirax-Sarco To Buy Vs Neutral
6th Jul 2010 10:59
0959 GMT [Dow Jones] Arbuthnot Research upgrades Spirax-Sarco (SPX.LN) to buy from neutral, following the company's 1H trading update. The brokerage says its caution on Spirax was unnecessary and the results demonstrate the quality of the company's businesses. Says sales in 1H '10 have risen by 10%,
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
6th Jul 2010 10:59
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0959 GMT [Dow Jones] Arbuthnot Research upgrades Spirax-Sarco (SPX.LN) to buy from neutral, following the company's 1H tra
Read moreSpirax on course for bumper first half
6th Jul 2010 07:59
Steam trap and pump specialist Spirax-Sarco has enjoyed a strong first half with sales and margins both rising sharply. "Since the AGM, trading conditions continue to be positive and sales for the first half-year were ahead 8% at constant currency, including a 2% contribution from acquisitions; als
Read moreSpirax-Sarco 1H Sales Up 8% At Constant Currency
6th Jul 2010 07:19
LONDON (Dow Jones)--Spirax-Sarco Engineering PLC (SPX.LN), an engineering company, said Tuesday that trading conditions continue to be positive and sales for the first half-year were ahead 8% at constant currency, including a 2% contribution from acquisitions, and its order book increased. MAIN
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