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 21 hours ago - Updated 16 hours ago - 2 reports

WEIR : A foothold in Finland ; Digital view Not just right

Weir Group's rough wooing of Finnish rival Metso remains on track, apparently. Weir Group analysts RBC Capital Markets cite the Sunday Herald Business's recent story about Finland's state-owned holding company Solidium as a reason to be positive about ... [Published 4 Traders - 16 hours ago]
First reported Apr 20 2014 - Updated Apr 20 2014 - 1 reports

Weir Group may have to pay £4.3bn for Metso deal

WEIR Group may have to shell out up to £4.3 billion to secure a merger with Metso after the engineering firm's advances were rebuffed by its Finnish rival last week.Although the Glasgow-based group said there was no guarantee it would revise the terms ... [Published NewsRT.co.uk - Apr 20 2014]
First reported Apr 18 2014 - Updated Apr 18 2014 - 1 reports

The Weir Group PLC Receives Neutral Rating from Citigroup Inc. (WEIR)

Tweet[embedded content]Citigroup Inc. reiterated their neutral rating on shares of The Weir Group PLC (LON:WEIR) in a research note released on Thursday morning, StockRatingsNetwork.com reports. They currently have a GBX 2,600 ($43.50) target price on ... [Published Mideast Time - Apr 18 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 4 reports

Metso rejects Weir’s merger proposal

Metso Corporation has rejected Weir Group plc’s all share merger proposal and says it sees no reason to start discussions regarding a potential combination.The Finnish company says that its board of directors has carefully evaluated the proposal received ... [Published Filtration Separation - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

The Pay Zone: Oil Price, Caza Oil & Gas, Hurricane Energy, IGas Energy Plc, Faroe Petroleum, Wessex Exploration and others.....

WTI $103.76 +1c, Brent $108.80 +6c, Diff $5.04 +5c, NG $4.53 -4 Oil price The oil price whirled around yesterday particularly in the Brent market which took in a $2.40 swing during trading which is not commonplace. Having moved up to a session high ... [Published Proactiveinvestors United Kingdom RSS feed - Apr 17 2014]
First reported Apr 16 2014 - Updated Apr 17 2014 - 22 reports

Finland’s Metso rejects Weir’s takeover offer

FINNISH rock-crushing firm Metso rejected rival engineering company Weir’s takeover offer yesterday, on the grounds that it “is not in the best interest of Metso shareholders”.FTSE 100-listed Weir said it “continues to believe that there is a compelling ... [Published City A.M. - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

PRESS DIGEST- British Business - April 17

The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.The TimesHEATHROW FLIGHT PRICES SET TO SOAR WITHOUT NEW RUNWAYThe average cost of a return flight ... [Published Reuters - Apr 17 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 2 reports

FTSE 100 finishes higher at 6,584

Britain’s blue chip shares ended Wednesday on a high thanks to a strong showing from retail stocks. Shares in Sports Direct ( LON:SPD ), Burberry ( LON:BRBY ), Tesco ( LON:TSCO ) and Marks & Spencer ( LON:MKS ) all put in strong performances, ... [Published Proactiveinvestors United Kingdom website - Apr 16 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 1 reports

FTSE 100 movers: Sports Direct regains recent lost ground

Sports Direct, IAG and Ashtead have all been under heavy selling pressure over the past week as investors took profits following some impressive gains over the last year.These stocks, however, were performing well today with Sports Direct the stand-out ... [Published BullBearings - Apr 16 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 5 reports

Metso Board of Directors rejects Weir’s proposal to commence discussions regarding a potential combination

Metso Corporation’s stock exchange release on April 16, 2014 at 9.30 am local timeMetso announced in a stock exchange release dated April 1, 2014 that it had been approached by The Weir Group (“Weir”) with a proposal for commencing discussions regarding ... [Published PR-Portal.com - Apr 16 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 2 reports

London midday: Sports Direct, Burberry and Tesco lead markets higher

- Sports Direct gains as momentum stocks recovery - Tesco, Burberry and Persimmon impress with results - UK unemployment declines, China data mixed - Ukraine crisis escalates techMARK 2,642.64 +0.45%FTSE 100 6,562.09 +0.31%FTSE 250 15,694.83 +0.67%A recovery ... [Published BullBearings - Apr 16 2014]
First reported Apr 14 2014 - Updated Apr 14 2014 - 2 reports

Hansard wins Olivier for Once

Singer-songwriter Glen Hansard, who participated in last Thursday’s Irish concert at the Royal Albert Hall, was one of the winners at Sunday night’s Olivier Awards in London.The West End stage version of his Oscar-winning indie film Once picked up two ... [Published Irish World News - Apr 14 2014]

Quotes

...is to "strengthen and stabilise Finnish ownership in nationally important companies and increase the value of its holdings in the long run". It is "also expected to continue to sell down holdings to help Finland balance its state budget" , just as it did with its holding in phone and mobile network TeliaSonera last September
* Osisko Mining Corp's Chief Executive Sean Roosen has come out lashing at Canada's takeover process. "You've got a regulatory regime here that is set for predatory behaviour" , Roosen said in an interview Wednesday. ( http://r.reuters.com/jyb68v )
It told investors: "The Metso board remains extremely positive and confident in Metso’s standalone growth and value creation prospects by pursuing its current strategy. As a consequence, the board has rejected Weir’s proposal and sees no reason to commence discussions regarding a potential combination."
"The board of directors of Metso has carefully evaluated the proposal received from Weir and has come to the unanimous conclusion that this proposal is not in the best interest of"

More Content

All (364) | News (343) | Reports (1) | Blogs (12) | Audio/Video (0) | Fact Sheets (2) | Press Releases (6)
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WEIR : A foothold in Finland ; Digital view Not... [Published 4 Traders - 16 hours ago]
A foothold in Finland [Published NewsRT.co.uk - 21 hours ago]
Weir Group may have to pay £4.3bn for Metso deal [Published NewsRT.co.uk - Apr 20 2014]
The Weir Group PLC Receives Neutral Rating from... [Published Mideast Time - Apr 18 2014]
Wind Turbine Service Market in Europe 2014-2018 [Published InvestorPoint.com - Apr 18 2014]
Metso rejects Weir’s merger proposal [Published Filtration Separation - Apr 17 2014]
Metso rejects Weir’s $5.5 billion merger approach [Published Mining.com - Apr 17 2014]
Frontrunning: April 17 [Published Zero Hedge - Apr 17 2014]
Stock Analysts’ Ratings Reiterations for April,... [Published American Banking News - Forex - Apr 17 2014]
Metso Rejects Focus Fusion Of Weir [Published Pulp and Paper Technology - Apr 17 2014]
Scottish rival still chasing Metso [Published Helsinki Times - Apr 17 2014]
The Pay Zone: Oil Price, Caza Oil & Gas, Hurric... [Published Proactiveinvestors United Kingdom RSS feed - Apr 17 2014]
Metso Rejects Weir's Merger Offer As Confident ... [Published E-Forex - Apr 17 2014]
In the papers: Retail set for Easter rebirth [Published Proactiveinvestors United Kingdom RSS feed - Apr 17 2014]
Finland’s Metso rejects Weir’s takeover offer [Published City A.M. - Apr 17 2014]
PRESS DIGEST- British Business - April 17 [Published Reuters - Apr 17 2014]
University Of Arizona Swimmer Lauren Elizabeth ... [Published Gay.com - Apr 17 2014]
Weir Group tipped to sweeten Metso offer [Published The Scotsman - Apr 16 2014]
Finland’s Metso rejects Weir Group’s $5.5-bn me... [Published domain-b - Apr 16 2014]
Weir Group tipped to sweeten Metso offer [Published NewsRT.co.uk - Apr 16 2014]
Weir Group £3.3bn merger bid rejected [Published Big News Network - Apr 16 2014]
Institution celebrates new Members and Fellows ... [Published Institution of Mechanical Engineers - Apr 16 2014]
FTSE 100 finishes higher at 6,584 [Published Proactiveinvestors United Kingdom website - Apr 16 2014]
Weir : Finns hint at U-turn on Weir Group advan... [Published 4 Traders - Apr 16 2014]
FTSE 100 movers: Sports Direct regains recent l... [Published BullBearings - Apr 16 2014]
Weir Group Merger Is Rejected [Published Build Scotland.co.uk - Apr 16 2014]
Water Infrastructure Upgrade For Hamilton [Published Build Scotland.co.uk - Apr 16 2014]
RHI Launched For Domestic Properties [Published Build Scotland.co.uk - Apr 16 2014]
Finnish firm Metso rejects Weir Group's £3.3bn ... [Published Glasgow Sunday Mail - Apr 16 2014]
Retailers lift FTSE 100 [Published Proactiveinvestors United Kingdom website - Apr 16 2014]
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Blogs

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Frontrunning: April 17 [Published Zero Hedge - Apr 17 2014]
Putin Doesn't Rule Out Sending Troops ( WSJ ) Japan Cuts Economic View on Tax Rise ( WSJ ) No "harsh weather" in Chipotle restaurants where comp store sales rose 13.4% ( PR ) No sanctions for you: EU sanctions push on Russia falters amid big business ...
FTSE 100 finishes higher at 6,584 [Published Proactiveinvestors United Kingdom website - Apr 16 2014]
Britain’s blue chip shares ended Wednesday on a high thanks to a strong showing from retail stocks. Shares in Sports Direct ( LON:SPD ), Burberry ( LON:BRBY ), Tesco ( LON:TSCO ) and Marks & Spencer ( LON:MKS ) all put in strong performances, ...
Retailers lift FTSE 100 [Published Proactiveinvestors United Kingdom website - Apr 16 2014]
A strong performance from retail stocks helped the top share index higher on Wednesday, with Sports Direct ( LON:SPD ), Burberry ( LON:BRBY ) and Tesco ( LON:TSCO ) leading the way. Sports Direct jumped 6% to 790p on a bullish broker note from ...
Metso Board Rejects Merger Approach by Scottish... [Published DealBook - Apr 16 2014]
The Finnish engineering company, which provides services for the mining, construction and energy sectors, said its board decided a proposal by the Weir Group was not in the interest of shareholders. ...
Frontrunning: April 4 [Published Zero Hedge - Apr 04 2014]
Nato chief defends eastern advance ( FT ) Russia looks east as it seeks to rebalance trade interests ( FT ) Plane from Guinea briefly quarantined in Paris after Ebola scare ( AFP ) US attacks Japan’s stance on Trans-Pacific Partnership ( FT ) Thank you ...
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Press Releases

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Metso Board of Directors rejects Weir's proposa... [Published GlobeNewswire: Advertising News - Apr 16 2014]
Metso Board of Directors rejects Weir's proposa... [Published GlobeNewswire: Advertising News - Apr 16 2014]
Metso Comments on Market Rumors [Published GlobeNewswire: Advertising News - Apr 01 2014]
OTCM ADR Index Rose 5.3% in Fourth Quarter, 18.... [Published OTC Markets Group Corporate News - Mar 04 2014]
OTCM ADR Index Rose 5.3% in Fourth Quarter, 18.... [Published OTC Markets Group Corporate News - Mar 04 2014]
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