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Industrial
National Grid and Qatar Petroleum Join Forces for LNG Storage
October 17, 2020 07:54 AM BST| By Team Kalkine MediaSummary In a virtual ceremony, Qatar Petroleum’s Qatar Terminal Limited and National Grid’s Grain LNG signed an agreement for LNG storage and redelivery capacity The agreement will prove beneficial for National Grid bringing its fut.....
Rolls Royce Share Catches Speed Despite Sluggishness at Broader Market
October 16, 2020 12:09 PM BST| By Team Kalkine MediaSummary The UK stock market has reacted negatively to the British Prime Minister Boris Johnson’s announcement of the imposition of fresh measures to curb the spread of the deadly pandemic After a destructive year, the share price of .....
Two FTSE Listed Stocks Trending on LSE - Experian PLC & SSE PLC
October 13, 2020 06:08 PM BST| By Kunal SawhneySummary The Company expects Q2 FY21 organic revenue growth to be in the range of 3% to 5%. The revenue is expected to improve following the resilient performance in July and August 2020. SSE PLC announced the sale of its 50% equity in Ferrybri.....
UK Government’s Plan to Power Every Home with Wind Energy: Is it a Viable Move?
October 06, 2020 06:20 PM BST| By Team Kalkine MediaIn a speech at the Conservative Party’s virtual conference on 6 October 2020, Prime Minister Boris Johnson is all set to take a pledge to power every home in the UK with the offshore wind within a decade. The government will also be unve.....
Weir Group’s Stock Soar After Announcing the Deal with Caterpillar
October 05, 2020 10:00 AM BST| By Team Kalkine MediaSummary Weir Groups’ oil and gas unit in North America will be acquired by Caterpillar The stock price of the company jumped from GBX 1,280 on October 2, to GBX 1,600.00 intraday on October 5 Weir Groups focuses more on its mining unit a.....
Renew, Kier, Keller Shares Surge After the Announcement of Green Homes Grant
October 01, 2020 01:55 PM BST| By Kunal SawhneySummary The UK government has launched a scheme, Green Homes Grant, for the benefit of homeowners and residential landlords According to the government directive, the voucher covers costs including the expenses related to labour and materials a.....
Is Rolls-Royce Looking for Fund Raising for Financial Resilience?
September 28, 2020 01:55 PM BST| By Kunal SawhneySummary Rolls-Royce is reportedly looking to improve its liquidity position by tapping investors for £2.5 billion Group’s revenue was severely impacted by Covid-19 and declined by 24 per cent in H1 2020 Company is carrying out majo.....
Performance Review of Two Industrial Stocks - Strix Group PLC & Xeros Technology Group PLC
September 26, 2020 02:55 AM BST| By Team Kalkine MediaSummary Strix Group reported 21 percent year on year decline in revenue in H1 FY20 following the challenging economic conditions. Kettle control business was severely impacted in H1 FY20 as close to 90 percent of kettles are manufactured in Chi.....
Smiths Group Joins the Bandwagon of Dividend Payers
September 25, 2020 01:14 PM BST| By Team Kalkine MediaSummary In the present circumstances when the companies are cutting dividends there are some companies which have declared dividend despite a fall in their revenues or profits Smiths Group Plc had scrapped a planned payment earlier; now it has .....
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British Outsourcer Serco Looking for Acquisition to Beat the Market Blues
September 22, 2020 08:47 PM BST| By Team Kalkine MediaSummary Given the less outsourcing business available, many firms are seeing their businesses shrink to unsustainable levels. Serco’s primary business, of providing outsourcing services to public sector and the government has come under p.....
Polypipe Group Plc Looks to Be on Road to Recovery
September 17, 2020 09:02 PM BST| By Team Kalkine MediaSummary With the onset of the deadly disease of Covid-19, most of the construction activity came to a halt Polypipe saw it’s like-for-like revenue falling in the six months to 30 June; however, the company bounced back faster than expecte.....
Updates on Two Industrial Stocks Trending on LSE - Chemring Group PLC & Cohort PLC
September 16, 2020 02:44 PM BST| By Kunal SawhneySummary Chemring Group’s order book stood at £452 million as on 31 August 2020, and it grew by 4 percent year on year. Cohort PLC highlighted that the new export opportunities remain subdued due to the current travel restrictions. .....
Hitachi Ends Operations In UK’s Nuclear Project
September 16, 2020 02:20 PM BST| By Hina ChowdharySummary Hitachi ends business operations in Britain’s horizon project to build a £16 billion nuclear power plant in Wales. The scrapping of project would hurt thousands of construction jobs and beat Britain’s aim of becoming a.....
Bulb Energy To Raise Price For Electricity
September 16, 2020 02:11 PM BST| By Team Kalkine MediaSummary Bulb Energy plans to raise the price for its electricity supply to the British consumers. The company offers 100 per cent renewable electricity and gas to its members. It would charge an additional £53 per year to its consum...
G4S Turndown the £3bn Acquisition Offer Made by GardaWorld
September 16, 2020 09:43 AM BST| By Team Kalkine MediaG4S, the security firm of the United Kingdom, had been offered a £3 billion ($3.8 billion) hostile takeover bid from its Canadian rival GardaWorld, which was ultimately rejected by the company, on the ground that it was it belittles the compa.....
Performance Review of Two FTSE Listed Stocks - Marshalls PLC & Polypipe Group PLC
September 15, 2020 05:34 AM BST| By Team Kalkine MediaThe UK construction output grew by 17.6 percent in July 2020 as reported by the Office for National Statistics. Marshalls PLC (LON: MSLH) & Polypipe Group PLC (LON: PLP) are two construction & materials stocks listed on the FTSE-250 index. .....
Coronavirus impact: Royal Mail looks to end delivery of letters on Saturday
September 10, 2020 09:50 PM BST| By Team Kalkine MediaSummary Royal Mail has hinted on asking the Ofcom to end its services of delivering letters on Saturdays. The company believed that the coronavirus pandemic has speeded up the long-term reduction in volume of letters, besides surge in online sh.....
How is the Needle Moving on Two LSE Stocks - Breedon Group & Renew Holdings?
September 07, 2020 02:25 PM BST| By Kunal SawhneySummary Breedon Group's revenue declined by 25 percent year on year in H1 FY2020. The underlying EBIT loss was £0.6 million. The business performance was impacted by the shutdown of operations and halt in construction activities due to th.....
Performance Review of Two Industrial Stocks - Melrose Industries PLC & Weir Group PLC
September 04, 2020 02:20 PM BST| By Kunal SawhneySummary Melrose Industries reported adjusted revenue of £4,359 million in H1 FY2020. The revenue declined by 25.80 percent year on year due to the covid-19 impact. The business activity improved in July 2020 and August 2020. Weir Group's.....
Performance Review of Two Industrial Stocks - Renishaw PLC & Morgan Advanced Materials PLC
September 02, 2020 02:20 PM BST| By Hina ChowdharySummary Renishaw’s revenue declined by 11 percent year on year to £510.2 million in FY2020 due to macroeconomic conditions and pandemic. The profit after tax stood at £0.3 million in FY2020. Morgan Advanced Materials reported.....
