Melrose raises Charter bid to 840p a share - Financial Times
Thu, 14 Jul 2011 13:31Melrose, the engineering turnround specialist, has increased its bid for Charter International from 780p to 840p a share, valuing the supplier of welding equipment and industrial compressors at about £1.4bn. ...
MARKET REPORT by GEOFF FOSTER: Meggitt set for Footsie landing - This is Money
Tue, 19 Jul 2011 22:18It will be the second good old-fashioned UK company to join the elite over the past year after industrial engineer IMI (9p better at 1046p) and helps stave off widespread criticism that the elite index is not a true reflection of the UK economy. ...
Asia Ends Lower on Overseas Debt Fears - CNBC.com
Mon, 18 Jul 2011 07:25The stock jumped 3 percent after the firm said it would buy back 3 million shares worth $269 million to boost its sagging share price. Shares in Daekyung Machinery & Engineering jumped 9 percent, helped by takeover interest from Daewoo Shipbuilding ...
Cheap US resources companies - Investors Chronicle
Tue, 28 Jun 2011 13:01I think shares in both Hamworthy and Kentz are looking overbought at the moment and I'd be very reluctant to recommend either as a buy at current price levels. I am, by contrast, looking closely at industrial engineering giant Charter International, ...
Facelift for the FT30 share index - Financial Times
Mon, 27 Jun 2011 17:40It is unusual for a stock to be removed because of poor share price performance. Two companies – Tate & Lyle and engineering group GKN have been members of the index all the way through. On top of that, the commitment to ensure that the index reflects ...