Investments and investor services
FTSE 100 closes higher as Carney hints at first UK rate rise for a decade
The benchmark for UK blue-chip shares closed up almost 38 at 7,253
Company
LON:SMIN
Smiths is a global technology company involved in the practical application of advanced technologies. Smiths Group delivers products and services for the threat & contraband detection, medical devices, energy, communications and engineered components markets worldwide.
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Investments and investor services
The benchmark for UK blue-chip shares closed up almost 38 at 7,253
The retailer said total sales at its Travel business – which runs concessions at airports, railway stations, and motorway service areas - were up 8%, with like-for-like sales up 5%
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The FTSE 100-listed firm saw its headline operating profits for the six months to January 31 rise by 8% to £277mln on an underlying basis
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Morgan Stanley is expecting Smith Group to report first half sales of £1.528bn, operating profit of £235.2mln, and earnings per share of 38.1p on Friday.
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FTSE 100 stocks pared gains into the Tuesday close after sterling recovered against the US dollar
The gas storage specialist InfraStrata was top London gainer on Friday
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In separate notes on the two engineers, analysts at the US bank started coverage on both FTSE 100-listed Smiths Group and FTSE 250-listed Rotork with 'buy' ratings.
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London’s shares edged lower on Wednesday, in tandem with Wall Street losing steam mid-way through the New York session, and despite a smooth transition to a new British Prime Minister. Sterling was part of the problem. After recovering from
London’s blue chips edged lower despite US markets powering to another high overnight.
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It was almost back to square one for the Footsie, with miners leading the rally
The Footsie gave up early gains to stand 18 points off at 6134 in lunchtime trading
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The Footsie rose as Asian markets ignored a report from credit rating Moody's downgrading China's outlook
OR Productivity aims to become a go-to company for the commercialisation of minimally invasive medicine
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The group said its pension deficit was £250mln lower than in 2012
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Below are the main news-driven share price movements at 4pm.
Investments and investor services
The FTSE 100 ended 1.6%, or 96.4 points higher at 6,032.
A revival in mining and automotive industry shares lifted indices
China takes centre stage on Wednesday, with an announcement from ECB president Mario Draghi also on the cards.
Producer Prices data gave a lift to US prices after a tepid start
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The FTSE 100 which closed 2 points lower to 6,686.
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Rolls-Royce investor ValueAct said to have taken stake in Smiths
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African Potash was a big gainer after signing a deal with Comesa - a free trade union of twenty African countries.
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Rising industrial production masks falling manufacturing output
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Greece and China continue to make investors nervous.
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Industrial group recruits automotive chief as new boss
Investments and investor services
Broker upgrades lift Land Securities and Lloyds Banking, but Rolls-Royce is in the wars again, as brokers slash their target prices.
Go to Hellas with a hand-basket is the advice if you are on prescription drugs.