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Meggitt


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UK Stocks-Factors to watch on Aug 4

Aug 4 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Thursday, with futures FFIc1 up 0.06%. * GLENCORE: Glencore GLEN.L announced a share buyback of $3 billion, after it reported a record half-yearly profit. * CENTAMIN: Gold miner Centamin Plc CEY.L reported a 4% rise in its first-half revenue. * GO AHEAD: Go-Ahead Group GOG.L agreed to an increased buyout offer from Australia's Kinetic Holding and Spain-based Globalvia Inversiones.
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UK Stocks-Factors to watch on Aug 4

Aug 4 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Thursday, with futures FFIc1 up 0.1%. * UNILEVER: Ben & Jerry's independent board said parent company Unilever Plc, ULVR.L with which it is locked in a dispute over the sale of its Israeli business, had frozen its directors' salaries in July as a pressure tactic ahead of a mediation on the matter.
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UK Stocks-Factors to watch on July 20

July 20(Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Wednesday, with futures FFIc1 up 0.56%. * PREMIER FOODS: Premier Foods PFD.L on Wednesday reported a rise in its first quarter sales as the maker of Mr Kipling cakes and OXO cubes benefited from robust demand for its sweet treats and grocery products. * ANTOFAGASTA: Chilean miner Antofagasta Plc ANTO.L cut its full-year copper output target to 640-660,000 tonnes, hit by a leak in an underground pipeline that transports c
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UK Stocks-Factors to watch on July 20

July 20(Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Wednesday, with futures FFIc1 up 0.47%. * ABRDN: British asset manager Abrdn Plc ABDN.L is preparing to sell its private equity business as part of a streamlining process under Chief Executive Stephen Bird, Sky News reported on Tuesday. * LSEG: The London Stock Exchange Group LSEG.L said on Tuesday it has launched a taskforce to drive through financial reforms announced by British government to buttress the capital's att
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UK clears U.S.-listed Parker's takeover of defence firm Meggitt

LONDON, July 19 (Reuters) - Britain's business minister Kwasi Kwarteng has approved the 6.3 billion-pound ($7.57 billion) takeover of London-based defence firm Meggitt MGGT.L by U.S. engineering and aerospace company Parker-Hannifin PH.N , his department said on Tuesday. The deal was scrutinised by the government over competition and national security concerns, as Meggitt's customers include Britain's Ministry of Defence (MoD), Boeing BA.N , Airbus AIR.PA and Rolls-Royce RR.L .
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UK business minister clears Meggitt-Parker deal

LONDON, July 19 (Reuters) - Britain's business minister Kwasi Kwarteng approved the buyout of London-based defence firm Meggitt MGGT.L by U.S. engineering and aerospace company Parker-Hannifin PH.N , his department said on Tuesday. Reporting by William James, writing by Muvija M; editing by Michael Holden
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UK Stocks-Factors to watch on June 29

June 29 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Wednesday, with futures FFIc1 down 0.74%. * OFGEM: British energy regulator Ofgem proposed a package of 20.9 billion pounds ($25.48 billion), including 2.7 billion pounds of upfront funding, unveiling an initial five-year vision for building sustainable and affordable regional energy grids.
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UK Stocks-Factors to watch on June 29

June 29 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Wednesday, with futures FFIc1 down 0.7%. * SHELL: Shell Plc SHEL.L said liquefied natural gas (LNG) shipments from its Prelude floating facility off northwest Australia would be disrupted for at least two weeks due to work bans by unions fighting for better pay. * MEGGITT: Britain said on Tuesday U.S.
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British Business - June 29

June 29 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Andrew Formica, chief executive of Jupiter Fund Management JUP.L , is to quit after three years unsuccessfully trying to stem client defections. Link - Purplebricks PURP.L on Tuesday said it has delayed its annual results because its auditor needs more time to assess the new processes and controls that the onl
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UK Stocks-Factors to watch on April 21

April 21 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Thursday, with futures FFIc1 up 0.29%. * BARCLAYS: Barclays BARC.L has raised 526 million pounds ($687 million) by selling around 63 million shares in South Africa's Absa, it said. * ANTOFAGASTA: Chilean miner Antofagasta's ANTO.L first-quarter copper production fell 24% year on year to 138,800 tonnes, hit by continued drought and lower grades, it said.
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UK Stocks-Factors to watch on April 21

April 21 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Thursday, with futures FFIc1 up 0.23%. * BHP: BHP Group BHP.AX fell short of estimates for iron ore output for the March quarter, as a pandemic-related labour crunch weighed on the miner's efforts to boost production in the mineral-rich Pilbara region of Western Australia. * UK CAR INSURANCE: The cost of a comprehensive car insurance policy in Britain touched an 18-month high in the first quarter and will continue to i
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UK Stocks-Factors to watch on April 12

April 12 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Tuesday, with futures FFIc1 down 0.59%. * EASYJET: Britain's easyJet EZJ.L said it had outperformed its first-half expectations despite the challenges of COVID-19 and rising fuel prices, with capacity ramping up to reach 80% of pre-pandemic levels in March and a recovery in demand.
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UK Stocks-Factors to watch on April 12

April 12 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Tuesday, with futures FFIc1 down 0.78%. * PARKER-HANNIFIN-MEGGITT: U.S. engineering and aerospace group Parker-Hannifin PH.N on Monday won EU antitrust approval for its 6.3-billion-pound ($8.2 billion) planned acquisition of Britain's Meggitt MGGT.L after pledging to sell a factory in the United States.
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British Business - April 12

April 12 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Gas and electricity bills are likely to rise by a further 500 pounds ($650.95) this autumn, ministers have been warned, as the war in Ukraine weighs on wholesale energy prices.
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British Business - March 4

March 4 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times Britain hits Alisher Usmanov and Igor Shuvalov with sanctions. Link Contracts to supply wheels, braking systems and other components to scores of Russian passenger jets look set to blow a hole in the accounts of Meggitt MGGT.L .
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UK Stocks-Factors to watch on Oct 28

Oct 28 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening flat on Thursday, according to financial bookmakers, with futures marginally down 0.03%. * SHELL: Royal Dutch Shell RDSa.L set a new target for its direct operational greenhouse gas emissions, reporting third-quarter profit down 25% at $4.13 billion from the previous quarter, below expectations.
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UK intervenes in bid by U.S. aviation firm Parker for Meggitt

LONDON, Oct 18 (Reuters) - Britain said on Monday it was intervening in a proposed 6.3 billion-pound ($8.65 billion) takeover by U.S. engineering and aerospace firm Parker-Hannifin PH.N of its British rival Meggitt MGGT.L , citing national security grounds. The business minister Kwasi Kwarteng issued a so-called "intervention notice" to review the impact of the takeover.
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