London close: Stocks finish flat ahead of Easter break
17th Apr 2025 15:09
(Sharecast News) - London stocks ended flat to lower on Thursday as investors weighed mixed global signals ahead of the long Easter weekend.
Read moreLondon close: FTSE rises on hopes for UK-US trade deal
28th Feb 2025 16:08
(Sharecast News) - London stocks ended mixed on Friday as optimism over a potential UK-US trade deal helped to boost the top-flight index.
Read moreWeir reports resilient results, agrees to acquire Micromine
28th Feb 2025 07:22
(Sharecast News) - Weir Group reported a resilient 2024 in its final results on Friday, with strong aftermarket demand and improving margins, as it announced the strategic acquisition of mining software provider Micromine.
Read moreLondon close: FTSE maintains gains on China stimulus hopes
9th Dec 2024 14:59
(Sharecast News) - London's stock markets closed with a mixed performance on Monday, as optimism over potential economic stimulus in China provided a boost to mining stocks.
Read moreMorgan Stanley upgrades Weir, Spirax to 'overweight'
9th Dec 2024 12:15
(Sharecast News) - Morgan Stanley upgraded Weir Group and Spirax on Monday as it took a look at the European capital goods sector.
Read moreBerenberg slightly raises target price on Weir Group
28th Nov 2024 09:46
(Sharecast News) - Analysts at Berenberg slightly raised their target price on engineering giant Weir Group from 2,450.0p to 2,500.0p on Thursday as it said long-term value was continuing to emerge.
Read moreDeutsche Bank upgrades Weir Group to 'buy'
25th Nov 2024 16:29
(Sharecast News) - Deutsche Bank upgraded Weir Group on Monday to 'buy' from 'hold' and upped the price target to 2,580p from 2,200p as it said it was positioned for growth.
Read moreLondon close: Stocks finish upbeat session in the green
25th Nov 2024 15:57
(Sharecast News) - London markets closed higher on Monday as investors reacted positively to geopolitical developments, including US president-elect Donald Trump's announcement of Scott Bessent as the next Treasury Secretary.
Read moreWeir reaffirms guidance after strong third quarter
5th Nov 2024 08:04
(Sharecast News) - Weir Group reaffirmed its full-year guidance after reporting a robust third-quarter performance on Tuesday, citing increased demand in both greenfield and brownfield mining projects.
Read moreLondon close: Stocks finish lower as oil prices sink
15th Oct 2024 15:39
(Sharecast News) - London markets ended Tuesday in negative territory, driven primarily by a sharp decline in energy stocks following a drop in oil prices.
Read moreWeir wins £25m contract for Morroco phosphate projects
30th Sep 2024 07:11
(Sharecast News) - Mining technology group Weir said it had won a £25m contract to provide services on the next phase of OCP's Benguerir and Louta greenfield phosphate projects in Morocco.
Read moreWeir wins £53m contract at Barrick's Reko Diq project
20th Aug 2024 07:18
(Sharecast News) - Mining tech group Weir has been awarded a £53m contract on the Reko Diq copper-gold project in Pakistan, a greenfield development part-owned by Barrick Gold Corporation that is said to be one of the largest mines of its kind in the world.
Read moreLondon close: Stocks mixed after barrage of corporate updates
30th Jul 2024 15:32
(Sharecast News) - London stocks ended the day mixed on Tuesday as investors navigated a wave of earnings reports and anticipated upcoming key announcements from the Federal Reserve and the Bank of England.
Read moreWeir Group scales back revenue guidance for full year
30th Jul 2024 07:49
(Sharecast News) - Scottish mining-focused engineering group Weir reported a small rise in first-half adjusted profits and said that strong aftermarket demand has bolstered its project outlook, though full-year revenues will likely miss forecasts.
Read moreBerenberg re-initiates coverage of Weir at 'buy'
22nd May 2024 12:24
(Sharecast News) - Berenberg re-initiated coverage of Weir Group on Wednesday with a 'buy' rating and 2,600p price target as it argued the engineering firm is a "structural winner".
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