- Today's Hot Chat Topics
- Member Benefits
- Manage your personalised Watchlist.
- Set up an online Virtual Portfolio.
- Participate in Share Chat.
- See more trades and director dealings.
- Play the Fantasy Share Trading Game.
Share:
HomeShare PricesStock PickerFinancial DiaryUK IndicesUK Industry SectorsCompany LookupShare RisersShare FallersBroker RatingsFinance GlossarySMS ServicesShare ChatFinance NewsBlogsLive PricesShares BookshopFinance ToolsMembers
Latest Share Chat
Renishaw Share News (RSW)
Share News for Renishaw (RSW)
| Share Price: 1,708.00 | Bid: 1,703.00 | Ask: 1,709.00 | Change: -1.00 (-0.06%) |  | ||||||
| ||||||||||
UPDATE 1-Renishaw reviews final div, cuts jobs
Wed, 28th Jan 2009 07:59
LONDON, Jan 28 (Reuters) - Precision engineer Renishaw Plc said it was reviewing its final di
The company, which warned on profits following lower demand in an unexpected preview of its interim results last week, said it was maintaining the interim dividend at 7.76 pence.
'We do not know how long this depressed demand for many of our products will persist, but fortunately - and as planned - we have no net borrowings,' Renishaw Chairman and CEO David McMurtry said in Wednesday's statement.
Shares in Renishaw, which lost a fifth of their value following Friday's profit warning, closed on Tuesday at 332.5 pence, valuing the company at 242 million pounds ($341.5 million).
(Reporting by Victoria Bryan) ($1=.7087 Pound) Keywords: RENISHAW/
(victoria.bryan@thomsonreuters.com; +44 207 542 9688; Reuters Messaging: victoria.bryan.thomsonreuters@reuters.net)
COPYRIGHT
Copyright Thomson Reuters 2009. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
LONDON, Jan 28 (Reuters) - Precision engineer Renishaw Plc said it was reviewing its final di
vidend and implementing voluntary redundancies and part-time working as it confirmed a 7 percent fall in first-half profits.
The company, which warned on profits following lower demand in an unexpected preview of its interim results last week, said it was maintaining the interim dividend at 7.76 pence.
'We do not know how long this depressed demand for many of our products will persist, but fortunately - and as planned - we have no net borrowings,' Renishaw Chairman and CEO David McMurtry said in Wednesday's statement.
Shares in Renishaw, which lost a fifth of their value following Friday's profit warning, closed on Tuesday at 332.5 pence, valuing the company at 242 million pounds ($341.5 million).
(Reporting by Victoria Bryan) ($1=.7087 Pound) Keywords: RENISHAW/
(victoria.bryan@thomsonreuters.com; +44 207 542 9688; Reuters Messaging: victoria.bryan.thomsonreuters@reuters.net)
COPYRIGHT
Copyright Thomson Reuters 2009. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
RESEARCH ALERT-Fenner: Credit Suisse raises target price
Jan 17 (Reuters) - : * Fenner: Credit Suisse raises target price to 400p from 345p * Halma Plc: Credit Suisse raises target price to 5[17 Jan '13]
RESEARCH ALERT-Renishaw: UBS cuts to neutral
Jan 7 (Reuters) - Renishaw PLC: * UBS cuts to neutral from buy; ups target price to 2000p From 1900p For a summary of rating act[7 Jan '13]
RESEARCH ALERT-Renishaw: UBS raises price target
Oct 19 (Reuters) - Renishaw PLC: * UBS raises price target to 1900p from 1800p; rating buy For a summary of rating actions[19 Oct '12]
UPDATE 1-Engineering co Renishaw profit up on Far East demand
* FY pretax profit up 5 pct at 86 mln stg * Revenue up 15 pct at 331.9 mln stg * Raises final dividend 15 pct to 28.2 pence per[25 Jul '12]
British engineering co Renishaw's profit rises
July 25 (Reuters) - British engineering company Renishaw Plc reported a 5 percent rise in full-year profit helped by strong demand for its prec[25 Jul '12]
BRIEF-RESEARCH ALERT-Credit Suisse starts Renishaw with neutral
June 18 (Reuters) - Renishaw PLC: * Credit Suisse starts Renishaw with neutral; target price 1,530P For a summary of rating actions a[18 Jun '12]
BRIEF-RESEARCH ALERT-Arden raises Renishaw price target
May 28 (Reuters) - Renishaw PLC: * Arden raises Renishaw price target to 1760P from 1650P, rating buy For a summary of rating actions and p[28 May '12]
BRIEF-RESEARCH ALERT-Citigroup raises Renishaw target price
May 17 (Reuters) - Renishaw PLC: * Citigroup raises Renishaw target price to 1175P from 880P; rating sell For a summa[17 May '12]
