Weir Group wins £95m Australia aftermarket order

1st Dec 2020 07:02

(Sharecast News) - Mining technology provider Weir Group said it had won a £95m order to provide aftermarket components and service to the Iron Bridge magnetite project in Western Australia.

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Weir Group full-year guidance still shelved, but upbeat on Mining outlook

3rd Nov 2020 07:07

(Sharecast News) - Weir Group reported a large drop in continuing orders over the third quarter and management kept its full-year guidance shelved, but management did sound a confident note both on the near-term and longer-term outlook for demand in Mining.

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Tuesday preview: US elections, Associated British Foods in focus

2nd Nov 2020 15:02

(Sharecast News) - All eyes on Tuesday will be on the US elections, even if the results won't start to be known - under a best case scenario - until the next day.

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Shore reviews Weir rating after oil and gas deal

5th Oct 2020 14:23

(Sharecast News) - Shore Capital put its rating on Weir Group under review from 'hold' after the company agreed to sell its oil and gas business in a move the broker said was positive.

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Weir Group sells oil & gas unit to Caterpillar for £314m

5th Oct 2020 07:13

(Sharecast News) - Weir Group has sold its oil & gas division to Caterpillar $405m (£314m) in cash as the engineering firm moves to focus on the mining sector.

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Thursday broker round-up

30th Jul 2020 14:16

(Sharecast News) - Tullow Oil: Berenberg downgrades to hold with a target price of 40.0p.

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Weir H1 profit slumps as oil & gas markets hit

29th Jul 2020 08:16

(Sharecast News) - Weir reported a 41% decline in first-half profit on Wednesday amid challenging conditions in the oil and gas markets.

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Friday broker round-up

10th Jul 2020 13:26

(Sharecast News) - Ocado: Berenberg reiterates buy with a target price of 2,225.0p.

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Friday broker round-up

3rd Jul 2020 13:15

(Sharecast News) - Next: Goldman Sachs downgrades to sell with a target price of 4,400.0p.

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Tuesday broker round-up

30th Jun 2020 14:20

(Sharecast News) - Paragon: Canaccord upgrades to buy with a target price of 454.0p.

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Wednesday broker round-up

6th May 2020 13:16

(Sharecast News) - Hiscox: Jefferies upgrades to buy with a target price of 850p.

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FTSE 250 movers: Cairn Energy, Weir Group pace gains

5th May 2020 16:40

(Sharecast News) - Weir Group and Cairn Energy were among the top performers on the second-tier index on Tuesday as front month Brent crude oil climbed to its highest level in three weeks and West Texas Intermediate crude oil futures extended their recent rally with a 20% jump.

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Weir Group sees worse Covid impact after Q1 orders fall

28th Apr 2020 07:37

(Sharecast News) - Weir Group said it expected the Covid-19 crisis to have an increasing effect on its business after orders fell 13% in the first quarter of 2020.

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Weir asks shareholders not to attend AGM

22nd Apr 2020 08:01

(Sharecast News) - British engineering company Weir Group will hold its annual general meeting on 28 April with just the necessary minimum of two shareholders in attendance.

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Weir scraps dividend and cuts costs

26th Mar 2020 07:35

(Sharecast News) - Weir Group is scrapping its dividend and cutting costs to withstand declining demand caused by the Covid-19 crisis.

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