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Industrial
Hercules Site Services Boosts Growth Outlook with £8 Million Raise – ICYMI
September 14, 2024 04:57 AM AEST| By Team Kalkine MediaHercules Site Services PLC (LSE:HERC) has recently completed a significant £8 million fundraising effort, which CEO Brusk Korkmaz discussed in a recent interview with Proactive. This fundraising initiative is set to enhance the company's financial st...
easyJet Backs Ryanair’s Call for Air Traffic Resignations
September 14, 2024 04:57 AM AEST| By Team Kalkine MediaeasyJet PLC (LSE:EZJ) has joined Ryanair Holdings PLC (LSE:RYA) in demanding the resignation of Martin Rolfe, the chief executive of the UK's National Air Traffic Services (Nats), amid ongoing disruptions in air traffic control services.,John Lundgre...
Boeing Faces Mass Strike as 25% Pay Raise is Rejected
September 14, 2024 03:40 AM AEST| By Team Kalkine MediaBoeing Co,(NYSE:BA) (LSE:0BOE),workers have rejected a proposed 25% pay increase from the company, leading to thousands walking out on strike overnight. Approximately 30,000 employees in the Seattle and Portland area, where Boeing produces its 777 an...
Balfour Beatty Secures £363 Million East Anglia Power Line Contract
September 13, 2024 08:23 PM AEST| By Team Kalkine MediaBalfour Beatty plc,(LSE:BBY),has secured a £363 million contract from National Grid PLC to upgrade power lines across East Anglia, a key initiative to support the UK’s transition to net-zero emissions.,The contract will involve the installation of ne...
Rentokil Targets Reduced as Analysts Warn of Continued Disruption
September 13, 2024 12:23 AM AEST| By Team Kalkine MediaRentokil Initial PLC,(LSE: RTO),has recently faced challenges, with Deutsche Bank analysts revising their expectations downward following the company's warning about sluggish sales in North America. This adjustment in forecasts reflects a significant...
European EV Sales Decline as China's Market Booms
September 12, 2024 08:26 PM AEST| By Team Kalkine MediaEurope has seen a 4% decline in electric vehicle (EV) sales this year, making it the only region worldwide to experience a drop, according to recent research by Rho Motion. In August 2024, just over 180,000 EVs were sold across the European Union, Eu...
EQTEC Reports Positive Results in Waste-to-Fuel Test
September 12, 2024 07:42 PM AEST| By Team Kalkine MediaEQTEC PLC,(LSE:EQT),has reported favorable outcomes from recent steam-oxygen gasification tests, which effectively transformed mixed waste feedstocks into synthesis gas (syngas) suitable for advanced biofuel applications. These tests, conducted in pa...
Inspired Maintains Record Order Book
September 12, 2024 07:29 PM AEST| By Team Kalkine MediaInspired PLC,(LSE:INSE),, a leading commercial energy and sustainability advisory group, has announced a record order pipeline at the end of the first half of the year, bolstering confidence in future performance. The company has demonstrated robust...
Marlowe to Spin Off Occupational Health Unit Optima Health onto AIM
September 12, 2024 07:21 PM AEST| By Team Kalkine MediaMarlowe PLC,(LSE:MRL),has announced plans to spin off its occupational health division as Optima Health PLC, marking a key step in its strategic restructuring. This demerger will create a distinct entity focused on occupational health, allowing both...
Ricardo Matches Profit Forecasts for Full Year, but Order Intake Slips
September 11, 2024 10:51 PM AEST| By Team Kalkine MediaRicardo PLC,(LSE:RCDO),has reported annual results that align broadly with market forecasts, showcasing notable growth in underlying profits. The engineering, environmental, and strategic consultancy firm expressed optimism as it approaches the new f...
Costain Slumps as ASGC Sells Entire Stake in Placement
September 11, 2024 10:41 PM AEST| By Team Kalkine MediaCostain PLC,(LSE:COST),saw its share price fall on Wednesday after Al Shafar General Contracting Company (ASGC), based in Dubai, completed its exit from an investment in the construction company. ASGC placed just over 41.6 million shares to instituti...
Rentokil Slumps After Warning of Ongoing North American Sales Struggles
September 11, 2024 10:22 PM AEST| By Team Kalkine MediaRentokil Initial PLC,(LSE:RTO),shares fell more than 17% on Wednesday following a warning about disappointing sales performance in North America over the past two months. The company indicated that profits are likely to be affected by higher costs an...
Rentokil Declines After Warning of Ongoing Struggles in North America
September 11, 2024 06:56 PM AEST| By Team Kalkine MediaRentokil Initial PLC,(LSE: RTO),experienced a significant decline in its share price, falling over 17% following a warning about lower-than-anticipated sales in North America. The company reported that its US and Canadian operations saw organic reven...
Renold Maintains Year-to-Date Performance and Acquires MAC Chain Company
September 10, 2024 09:39 PM AEST| By Team Kalkine MediaIndustrial chains supplier Renold,(LSE:RNO),reported on Tuesday that trading has aligned with internal expectations for the year-to-date, despite a slight decline in revenues due to adverse foreign exchange movements.,For the five months ending Augus...
Hill & Smith acquires US structural steel firm Whitlow for $30.2m
September 10, 2024 07:12 PM AEST| By Team Kalkine MediaHill & Smith,(LSE:HILS),announced on Tuesday the acquisition of Whitlow, a designer and manufacturer of structural steel and substation components for the U.S. electrical infrastructure market, for $30.2 million (£23 million).,Founded in 1963 and hea...
Melrose Industries' Balance Sheet Shows Signs of Strain
September 10, 2024 06:57 PM AEST| By Team Kalkine MediaMelrose Industries PLC, a prominent player in the,industrial sector,, has recently seen increased scrutiny of its balance sheet, primarily due to its rising debt levels. As a company utilizing debt in its business operations, Melrose Industries' fina...
Newmark Security Returns to Profit as Data Business Gains Momentum
September 10, 2024 06:45 PM AEST| By Team Kalkine MediaNewmark Security PLC,(LSE:NWT),has reported a return to profitability in its most recent financial year, with improvements in both revenues and margins. The company’s latest results reflect a significant turnaround, driven by advancements in its data...
EasyJet Shareholders Experiencing Huge Loss Over Five Years
September 10, 2024 06:44 PM AEST| By Team Kalkine MediaWithin the,Industrial sector,, easyJet plc has faced notable challenges, with its share price declining 53% over the past five years, significantly underperforming the broader market. Although shareholders saw a 10% increase in the share price over t...
Government Nears Finalizing £1.25B Tata Port Talbot Deal
September 09, 2024 10:06 PM AEST| By Team Kalkine MediaThe UK government is on the verge of finalizing a £1.25 billion agreement with Tata Steel,(LSE:TTST),to support the transition of its Port Talbot steelworks to more environmentally-friendly operations, as reported on Monday by Sky News. The deal is a...
Boeing and IAM Union Reach Tentative Agreement
September 09, 2024 10:03 PM AEST| By Team Kalkine MediaBoeing,(LSE:0BOE),has successfully negotiated a deal with its 32,000 employees represented by the International Association of Machinists and Aerospace Workers union, averting potential strike action that could have severely impacted production and s...
AI on the Rise: A Look at Top AI Companies and Their Stocks