Market Report: Takeover talk engineers gains for blue chip IMI - The Independent
Tue, 05 Jul 2011 23:02Saying the recent poor performance of its share price had provided a "bit of weakness to buy into", the analyst added that recent comments from Debenhams – 0.95p ahead at 70.5p – and John Lewis meant the "mood music going into the ... statement is ...
Market update (PM): Tullow and IMI climb to the top at close - What Investment
Tue, 05 Jul 2011 17:09IMI rose to 1119p on the back of reports of positive recommendations from brokers. Household goods company Reckitt Benckiser (RB.L) added 2.6 per cent to its share price increasing to 3578p, as reports of a potential takeover surfaced. ...
IMI bid talk electrifies engineers; FTSE holds gains - Citywire.co.uk
Tue, 05 Jul 2011 17:06IMI's share price has gained 62% in the past year, beating the FTSE 100 but underperforming its sector, the FTSE All Share Industrial Engineering Index, by 3.4%. The stock is a top holding in Edward Legget's Standard Life Investments UK Equity ...
Market update (PM): Lloyds stays on top at trading close - What Investment
Thu, 30 Jun 2011 16:36L) rose 3.1 per cent to 2094p as the Indian oil minister voiced his approval to the company's acquisition of a controlling stake in Cairn Energy subsidiary, Cairn India. Engineer IMI (IMI.L) also rose, with share price up 2.9 per cent to 1053p. ...
IMI ENGINEERS GOOD PROGRESS IN TOUGH CONDITIONS - Express.co.uk
Sun, 03 Jul 2011 23:16Although some of IMI's end markets are still recovering, we believe that profit margin expansion should continue, helped by pricing power. Our fair value for the stock is 1126p, against Friday's close of 1067p. However, a number of risks remain with ...
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