Wednesday, 23 May 2012
Weir Group - Strong Revenue Report
Weir Group reported on 9th May that revenue has been strong for the first-quarter. The company manufactures and supplies industrial valves and pumps for the mining, oil and gas, power and general industry. It also has an after service sector which provides spares, maintenance, overhaul and asset management in various markets.
Read the full story in the latest edition of the Share Spotlight by Redmayne Bentley - featured on ShareWorld.
Monday, 7 May 2012
AstraZeneca (AZN) - Buy at 2725p
AstraZeneca (AZN)
Investor activism is on the rise and one of the latest victims is the chief executive officer of AstraZeneca, David Brennan, who has decided to call it a day following disquiet over the company's performance, and investors calling for a management shake-up. The gap will be filled by the chief financial officer, Simon Lowth, who will be acting interim chief executive until a replacement is installed. The UK's second largest drug-maker by costs has been aggressively cutting costs, by reducing operations and cutting thousands of jobs, while maintaining cash flow to shareholders.
Read the full story in the latest edition of Redmayne Bentley's Sharespotlight newsletter on Shareworld.
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