Melrose Industries PLC (MRO.L) (LON:MRO) has earned a consensus recommendation of “Buy” from the nine brokerages that are covering the stock, MarketBeat reports. Two analysts have rated the stock with ...
The Services PMI was above the 50-point level that separates contraction from expansion for the second month in a row but the jobs picture was grim ...
The Melrose Industries (LON:MRO) share price has risen by 5.69% over the past month and it’s currently trading at 119.6. For investors considering whether to ...
UBS today reaffirms its buy investment rating on Melrose PLC [LON:MRO] and raised its price target to 145p (from 117p).
Peel Hunt reissued their buy rating on shares of Melrose Industries (LON:MRO) in a research note issued to investors on Thursday, ThisIsMoney.Co.Uk reports. A number of other research analysts have ...
The results for 2019 were comfortably ahead of the board's expectations for both profit and cash generation Melrose Industries PLC (LON:MRO), the engineering conglomerate, rose in early deals after ...
Melrose Industries (LON:MRO)‘s stock had its “buy” rating reiterated by equities researchers at UBS Group in a research note issued on Tuesday, Stock Target Advisor reports. They presently have a GBX ...
Melrose Industries PLC (LON:MRO) said its transformation of GKN continued “at pace”, with profit margins improving even though the growth of its aerospace arm continues to be offset by lower ...
StockMarketWire.com - Citigroup today reaffirms its buy investment rating on Melrose PLC [LON:MRO] and raised its price target to 230p (from 220p).
Melrose may look to reassure as it continues grappling with GKN Almost a year and a half after winning the bitter battle to buy engineer GKN but with disquiet still ringing in its ears, Melrose ...
The Melrose Industries (LON:MRO) share price has risen by 4.32% over the past month and it’s currently trading at 175.95p. For investors considering whether to buy, hold or sell the stock, the ...
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Melrose Industries PLC (LON:MRO) shares were lifted in mid-morning trading Tuesday after it issued an ‘in-line’ trading update for the four months to 31 October, with its Aerospace and Powder Metallur...
Melrose Industries said it would review its pay arrangements and consult with shareholders as it prepared for a potentially rocky annual general meeting.
Melrose announced on Friday that it has now acquired, unconditionally contracted to acquire, or received valid acceptances, of its offer for GKN in respect of more than 90% of the value of the GKN shares to which the offer related, and more than 90% of the voting rights carried by such shares.
(WebFG News) - Melrose Industries said its priority was tackling an "unacceptable" performance from GKN's aerospace division after profit and cash generation across the group came in below market expectations in the three months leading up to the completion of its £8bn takeover last week.
Melrose Industries said an early review of GKN confirmed its potential for improvement as Melrose's £8bn offer for the engineering company became unconditional.
Melrose Industries still had not received acceptances from 15% of GKN shareholders for its takeover after its midday deadline on Wednesday, though it said the offer will become unconditional in all respects at 0800 BST the following day.
The Investment Association (IA) has written to one in 10 companies in the FTSE 350 - including BP - urging them to set out plans to appoint more senior female managers or face unrest at shareholder meetings.
GKN's remaining shareholders have until Thursday to accept the takeover offer from Melrose Industries as the turnaround specialist's offer will soon be declared wholly unconditional.