Stock Markets Page 1


Smiths shares fall on revenue miss

Shares in Smiths Group shed 5% this morning after the engineer disappointed sales expectations. Revenues rose 11% over the year ended July 2017 to £3.28bn, though were behind analysts´ forecasts of £3.30bn.

James Hester
cement wall

CRH agrees deal to buy Kansas-based Ash Grove Cement

Ireland-based CRH plc, the international building materials group, has this morning reported that it has reached an agreement to acquire Ash Grove Cement Company. Total consideration is US$3.5bn

Brian Bollen

Can Ryanair ride the latest storm?

There is a tendency to associate Ryanair with Teflon – nothing sticks. The no frills airline has come under fire frequently over the years for poor customer service yet always seems to ride the storm.

David Burrows
US Navy Northrop Grumman E-2 Hawkeye

Northrop Grumman in $9.2bn deal for Orbital

Competition in the global security sector intensifies as Northrop Grumman announced the acquisition of Orbital ATK, an aerospace and defense technology company in a $9.2bn deal.

Claire Hunte
European flags

Eurozone inflation rises to 1.5%

Inflation in the euro area rose to 1.5% in August, up from 1.3% in July, according to the latest figures released today by Eurostat. The latest figure compares with just 0.2% in August 2016

Richard Reed

Paris-based Chinese-owned luxury goods group SMCP in IPO

Paris-based Chinese-owned luxury goods group SMCP has this morning confirmed that it plans to list on the French stock exchange, Euronext Paris.

Brian Bollen

London leads fall in UK asking prices

UK asking prices are heading down mainly due to weakness in the capital, according to the latest figures from Rightmove.

James Hester
shopping trolley

Morrisons supermarket group reports profits rise

Supermarket giant Morrisons has reported post-tax profits of £135m for the first six months of its fiscal year ending 30 July 2017. This represents an increase of £17m on the corresponding period a year earlier.

Brian Bollen

It's not the US market, stupid

It's not the US market, stupid, is the eye-catching headline on the just-published September Bank of America Merrill Lynch global fund manager survey.

Brian Bollen

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