Weir Group plc

Type: Company
Name: Weir Group plc (The Weir Group PLC)
Nationality: United Kingdom
Web Address: http://www.weir.co.uk/
Fact Sheet: Fact Sheet for Weir Group plc
First reported 23 hours ago - Updated 23 hours ago - 1 reports

Research Analysts’ Recent Ratings Updates for The Weir Group PLC (WEIR)

The Weir Group PLC (LON: WEIR) was the recipient of a ratings changes during the seven days:Shares of The Weir Group PLC (LON:WEIR) traded up 1.44% during mid-day trading on Wednesday, hitting GBX 2323.9434. The stock had a trading volume of 1,077,488 ... [Published American Banking News - 23 hours ago]
First reported Oct 22 2014 - Updated Oct 22 2014 - 1 reports

London close: Markets up on positive company news

The London market closed in positive territory for the second time this week as traders weary of negative economic news took heart from upbeat corporate results.The FTSE 100 Index ended the session 27.4 points ahead at 6399.73 as drug group GlaxoSmithKline ... [Published BullBearings - Oct 22 2014]
First reported Oct 22 2014 - Updated Oct 22 2014 - 1 reports

Merger & Acquisition Round Up - October 20 to 22, 2014

Top NewsGovernment orders to merge NSEL with Financial TechnologiesThe Central Government has decided on the merger of National Spot Exchange Limited with its holding company Financial Technologies (India) Ltd., in public interest under Section 396 of ... [Published India Infoline - Oct 22 2014]
First reported Oct 21 2014 - Updated Oct 22 2014 - 2 reports

Booth Energy to Buy TECO Coal

Weir Minerals recently announced that it has acquired Trio, a Chinese-American manufacturer of crushing and separation equipment, for $220 million. The acquisition extends the Weir product portfolio for mining customers; building on successful entry into ... [Published Coal Age - Oct 22 2014]
First reported Oct 21 2014 - Updated Oct 21 2014 - 1 reports

British FTSE 100 increases profoundly on Tuesday

FTSE 100 Index, the British benchmark stock market gauge, Tuesday increased by 1.68 percent, or 105.26 points, to 6,372.33 points. The European Central Bank is considering widening asset purchases to include corporate bonds in an effort to boost business ... [Published Individual.com - Oct 21 2014]
First reported Oct 21 2014 - Updated Oct 21 2014 - 1 reports

London close: Upbeat global economic data lifts London markets

Reports that the ECB might expand its programme of asset purchases to include corporate bonds helped London traders to shrug off dismal UK borrowing figures on Tuesday.The FTSE 100 Index closed 105.26 points up at 6372.33 as the US earnings season began ... [Published BullBearings - Oct 21 2014]
First reported Oct 20 2014 - Updated Oct 20 2014 - 2 reports

SUPPLIERS - Weir to acquire Trio Engineered Products

Written byScottish-based Weir Group PLC has entered into an agreement to acquire Trio Engineered Products, a Chinese-American manufacturer of crushing and separation equipment for the mining and aggregates markets, for an enterprise value of approximately ... [Published Asia Miner - Oct 20 2014]
First reported Oct 18 2014 - Updated Oct 18 2014 - 1 reports

The Weir Group PLC Given Average Recommendation of “Hold” by Analysts (LON:WEIR)

The Weir Group PLC (LON:WEIR) has been given a consensus recommendation of “Hold” by the eighteen brokerages that are currently covering the company, StockRatingsNetwork.com reports. Three research analysts have rated the stock with a sell rating, nine ... [Published Mideast Time - Oct 18 2014]
Entities: Weir Group plc
First reported Oct 18 2014 - Updated Oct 18 2014 - 2 reports

Market Report: Week of turmoil end on a rally

The FTSE 100 Index closed 114.38 points up at 6310.29 as the price of a barrel of US light crude recovered to just over $83 on hopes that the Federal Reserve would keep up quantitative easing.Oil industry players benefiting from the rise included Petrofac, ... [Published NewsRT.co.uk - Oct 18 2014]
First reported Oct 17 2014 - Updated Oct 17 2014 - 2 reports

Market overview: Stocks bounce after soothing words from Fed and BoE

1630:Close UK stocks have ended the day with a large bounce, led by gains in shares of Tullow Oil and Petrofac, which tracked overnight gains in Brent futures. That comes as global capital markets stabilised somewhat on the last day of the week. To take ... [Published IFA Magazine - Oct 17 2014]
First reported Oct 17 2014 - Updated Oct 17 2014 - 1 reports

BNP Paribas Cuts The Weir Group PLC Price Target to GBX 2,400 (WEIR)

Analysts at BNP Paribas dropped their price target on shares of The Weir Group PLC (LON:WEIR) from GBX 2,950 ($47.46) to GBX 2,400 ($38.61) in a research report issued to clients and investors on Thursday. The firm currently has an “outperform” rating ... [Published Mideast Time - Oct 17 2014]
First reported Oct 16 2014 - Updated Oct 17 2014 - 6 reports

Crushing market consolidates further as Weir buys Trio

Weir Group PLC has entered into an agreement to acquire Trio Engineered Products, the Chinese-American manufacturer of crushing and separation equipment for the mining and aggregates markets, for an enterprise value of $220m. Weir will acquire 100% of ... [Published International Mining - Oct 17 2014]

Quotes

Capital Spreads dealer William Nicholls said: "Given the volatility in financial markets of late, there is unlikely to be any move on this sentiment since the meeting, if anything they are likely to become more accommodative."
Dabur India Ltd replied stating "We wish to inform you that we are initially looking at it but currently we have no interest in the proposed transaction."
"The commercial Aerospace market was robust - military was flat. Overall Aerospace sales saw organic growth of 3.0%, and the Trading Margin rose from 11.0% a year ago to 13.3%. The main disappointment is that Agri Equipment demand "fell sharply" - should we really be that surprised, given what has been happening to Commodity prices? On Autos, the Outlook is "to remain positive, with a lower rate of growth in Q4." Driveline saw organic sales growth of 7% in Q3 (in local FX). Trading on 11.3x cons '14 PE and 10.5x '15, and having just bounced off its lowest level since June '13, this looks like a good entry point. Positive read across - again - for Safran."
Martin Beck, senior economic advisor to respected economic forecaster the EY Item Club, said: "Overall deficit reduction has not just stalled, but started to go into reverse."

More Content

All (264) | News (243) | Reports (1) | Blogs (16) | Audio/Video (0) | Fact Sheets (2) | Press Releases (2)
sort by: Date | Relevance
Speech: Ambassador's speech to Confucius Instit... [Published Government UK - 16 hours ago]
Research Analysts’ Recent Ratings Updates for T... [Published American Banking News - 23 hours ago]
London close: Markets up on positive company news [Published BullBearings - Oct 22 2014]
Merger & Acquisition Round Up - October 20 to 2... [Published India Infoline - Oct 22 2014]
Booth Energy to Buy TECO Coal [Published Coal Age - Oct 22 2014]
Best European Stock Ideas Today: 10/21/2014 [Published Seeking Alpha - Oct 21 2014]
British FTSE 100 increases profoundly on Tuesday [Published Individual.com - Oct 21 2014]
Weir Minerals set to acquire Trio [Published AggMan - Oct 21 2014]
London close: Upbeat global economic data lifts... [Published BullBearings - Oct 21 2014]
SUPPLIERS - Weir to acquire Trio Engineered Pro... [Published Asia Miner - Oct 20 2014]
Weir to acquire Trio Engineered products [Published KHL Group - Oct 20 2014]
The Weir Group PLC Given Average Recommendation... [Published Mideast Time - Oct 18 2014]
Market Report: Week of turmoil end on a rally [Published NewsRT.co.uk - Oct 18 2014]
Market Report: Week of turmoil end on a rally [Published Daily Express - Oct 18 2014]
DOMINATE [Published Steubenville Herald-Star - Oct 18 2014]
Market overview: Stocks bounce after soothing w... [Published IFA Magazine - Oct 17 2014]
Best European Stock Ideas Today: 10/17/14 [Published Seeking Alpha - Oct 17 2014]
Weir High marching band seniors [Published Weirton Daily Times - Oct 17 2014]
Weir Minerals acquires Trio Engineered products [Published World Coal - Oct 17 2014]
BNP Paribas Cuts The Weir Group PLC Price Targe... [Published Mideast Time - Oct 17 2014]
Market overview: Berenberg pushes back BoE rate... [Published Find - Oct 17 2014]
Market overview: CME to raise margins in all cr... [Published IFA Magazine - Oct 17 2014]
Today's Market Report including: Hummingbird Re... [Published Proactiveinvestors United Kingdom RSS feed - Oct 17 2014]
Crushing market consolidates further as Weir bu... [Published International Mining - Oct 17 2014]
Weir Minerals expands comminution product offer... [Published MiningReview.com - Oct 17 2014]
Market overview: Tullow Oil and Weir Group trac... [Published BullBearings - Oct 17 2014]
Weir Group acquire Chinese-American company Tri... [Published Mining & Quarry World - Oct 17 2014]
BDA Advises Navis (Malaysia) on Sale of Trio (C... [Published PR.com Press Releases - Oct 17 2014]
Navis Capital to sell Trio to Weir [Published PE Hub Blog - Oct 16 2014]
Weir Minerals Acquires Trio [Published Engineering And Mining Journal - Oct 16 2014]
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Blogs

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BDA Advises Navis (Malaysia) on Sale of Trio (C... [Published PR.com Press Releases - Oct 17 2014]
New York, NY, October 17, 2014 --( PR.com )-- Business Development Asia (“BDA”) is pleased to announce that its clients, Navis Capital Partners and MES Industrial Holdings, have entered into an agreement to sell Trio Engineered Products (“Trio”) to ...
Navis Capital to sell Trio to Weir [Published PE Hub Blog - Oct 16 2014]
Weir has agreed to buy Trio Engineered Products, a Shanghai, China-based maker of crushing and separation equipment for the mining and aggregates markets. The value of the transaction is $220 million. The sellers are Navis Capital and Trio’s management ...
Weir engineers deal for Trio [Published BvDEP Zephyr Editorial News - Oct 15 2014]
Weir Group is building up its comminution mill circuit business by acquiring Trio Engineered Products, a US and Chinese maker of crushing and separation equipment for the mining and aggregates markets, for an enterprise value of USD 220.00 million... ...
FinancialSpreads Will be Offering 24 Hour Tradi... [Published PR.com Press Releases - Sep 16 2014]
London, United Kingdom, September 16, 2014 --( PR.com )-- FinancialSpreads, the London based spread trading and CFD trading company, will be trading a number of key markets throughout the night as Scotland votes on independence. With polls showing a ...
Frontrunning: September 12 [Published Zero Hedge - Sep 12 2014]
Russia faces new U.S., EU sanctions over Ukraine crisis ( Reuters ) Glasgow pulls no punches in welcome to 'Save the Union Express' ( Guardian ) Pound Seen Tumbling Up to 10% on Scottish Yes Vote ( BBG ) Moscow stifles dissent as soldiers return in coffins ...
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Press Releases

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Competition Results, Credit Ratings, Appointmen... [Published Financial Services - Jun 30 2014]
Metso's Board of Directors rejected new approac... [Published GlobeNewswire: Advertising News - May 28 2014]
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