Page 33 - Sarco Engineering News Today

Investegate announcements from Spirax-Sarco Engng, Correction to Dividend Record Date in News Release

Message : Required fields (Reuters) -Londons FTSE 100 rebounded on Wednesday, supported by positive earnings updates from companies including Diageo, while stronger than expected monthly GDP data bolstered optimism about a sharp recovery from the pandemic-driven slump. The blue-chip index rose 0.8% after slumping 2.6% in the previous session. Spirits maker Diageo climbed 3.4% after it forecast organic operating profit growth of at least 14% in its current fiscal year and restarted its capital r...

12 May 2021 | 08:41am StockMarketWire.com - UK stocks opened higher on Wednesday, recouping a portion of Tuesdays heavy losses, as local companies continued to release upbeat earnings updates as lockdowns ease. At 0830, the benchmark FTSE 100 index was up 38.72 points, or 0.6%, at 6,986.71. Sentiment also was buoyed by stronger-than-anticipated economic data, with British gross domestic product falling 1.5% in the first quarter, beating expectations of a 1.6% drop. Alcoholic drinks maker Diageo...

United KingdomFTSE 100 outperforms global peers on strong earnings, upbeat GDP data Devik Jain 3 minute read A man shelters under an umbrella as he walks past the London Stock Exchange in London, Britain, August 24, 2015. REUTERS/Suzanne Plunkett Londons FTSE 100 rebounded on Wednesday, supported by positive earnings updates from companies including Diageo, while stronger-than-expected monthly GDP data bolstered optimism about a sharp recovery from the pandemic-driven slump last year. The blue-...

12 May 2021 | 12:09pm StockMarketWire.com - The recovery in the FTSE 100 faltered by midday with the index 0.4% higher at 6,974.59 having briefly traded above 7,000 earlier on. Sentiment was buoyed by stronger-than-anticipated economic data, with British gross domestic product falling 1.5% in the first quarter, beating expectations of a 1.6% drop. Alcoholic drinks maker Diageo gained 3.1% to £32.875, on announcing that it would initiate the second phase of £4.5 billion capital return program,...

By BFN News | 07:21 AM | Wednesday 12 May, 2021 Thermal energy management and niche pumping specialist Spirax‐Sarco Engineering said its margins in the year to date were higher than expected amid a strong performance at its Watson-Marlow unit. Organic sales growth in the four months through April was ahead of global industrial production, the company said in a trading update. It added that Watson-Marlow continued to experience exceptional Covid-19 vaccine-related demand from customers in th...

Around the world Asian shares fell to their lowest in seven weeks today as growing US inflationary pressure prompted markets to bet on earlier rate hikes. Analysts said investor fears of cutting their exposure to overstretched stocks was also behind the recent downturn. After a gloomy start for European shares, Eurostoxx 50 rebounded with a 0.1 per cent boost and Germany’s Dax rose 0.3 per cent. In the US, e-mini futures for the S&P 500 stumbled 0.4 per cent and the tech-heavy Nasdaq plunged ...

12 May 2021 | 16:42pm StockMarketWire.com - Despite a slump on Wall Street as US prices rose faster than expected in March the FTSE 100 made good progress on Wednesday, trading 0.8% higher to just regain the 7,000 mantle. By 4.30pm UK time the S&P 500 in the US was down 1.2% at 4,101.69. UK sentiment was buoyed by stronger-than-anticipated economic data, with British gross domestic product falling 1.5% in the first quarter, beating expectations of a 1.6% drop. Alcoholic drinks maker Diageo gain...

European stocks climb after oil prices hit two-year highs Diageo and Commerzbank among the gainers, as tech stocks trade in the red about 2 hours ago Wall Street stocks slumped after data showed consumer prices unexpectedly rose by the most in nearly 12 years in April, prompting bets on earlier interest rate hikes.   European stocks rose on Wednesday, led by a surge in energy shares as oil prices hit two-year highs, while strong regional earnings reports and signs of speedy economic recovery...

Spirax-Sarco Engineering 4-month Organic Sales Growth Ahead Of Global IP LONDON (dpa-AFX) - Spirax-Sarco Engineering Wednesday announced that Organic sales growth in the four months to the end of April was ahead of global IP. During the first four months of the year, organic growth of Watson-Marlows sales to the Pharmaceutical & Biotechnology sector outperformed the companys expected growth of 35% for 2021, driven by strong Covid-19 related demand. The company currently sees Watson-Marlows or...