FTSE 100 reshuffle: Are Royal Mail and ITV in pole position for promotion? FTSE 100 reshuffle: Royal Mail and ITV in pole position for promotion Royal Mail and ITV look to be strong contenders for promotion to the index of the UK’s 100 biggest public companies during next month’s FTSE reshuffle. ITV, which has been boosted by the return of ad revenue, is considered a strong outsider to inch back into the top flight, according to analysis from Hargreaves Lansdown. [...]
Renishaw shares dive after second profit warning Renishaw shares crashed more than seven per cent this morning after it unveiled its second profit warning in two months. The Ftse 250 healthcare technology group said adjusted profit before tax in the nine months to 31 March was down 18 per cent at £79.6m. Read more: Renishaw shares plummet as it issues profit warning [...]
Renishaw share price drops as it issues profit warning Renishaw saw shares plummet this morning as it issued a profit warning, blaming weak demand in Asia. Read more: Meggitt spends £5m on Brexit stockpiling The FTSE 250 precision engineer now expects profit before tax to land in the range of £123m to £141m, a bracket lower than the £146m to £166m it predicted back [...]
Big orders in Asia send shares in engineer Renishaw skyrocketing July 23, 2014 ENGINEERING firm Renishaw saw its share price surge over 20 per cent yesterday, after unveiling record full-year revenue on higher demand from Asia in the fourth quarter. The FTSE 250 company, which generates 90 per cent of its revenue outside the UK, said that “large unpredictable revenue… from certain Far East customers” had offset the [...]