Intertek Group Share News (ITRK)

LONDON MARKET CLOSE: Oil Rebound Not Enough To Drive Stocks Higher

FTSE 100 movers: Housebuilders subside on weak construction report

(ShareCast News) - The FTSE 100 was back in the red on Wednesday afternoon, led by ITV and a fall from the larger housebuilding companies. ITV was one of the biggest losers of the day, even as the commercial broadcaster reported a surge in underlying pre-tax profits, which were up 18% to £843m. Whi

LONDON MARKET MIDDAY: Stocks Erase Gains, Tracking Oil Prices Lower

WINNERS & LOSERS SUMMARY: Virgin Money Beats Market Expectations

UPDATE: Intertek Swings To Loss On Oil And Gas-Linked Impairment

Strong results at Intertek impaired by oil uncertainty

(ShareCast News) - Intertek Group reported on what it termed a solid year on Wednesday, though uncertainties in the global oil and gas markets forced the FTSE 100 firm into a statutory loss for the 2015 calendar year. The inspection and certification company's adjusted revenue rose 3.5% to £2.17bn d

Friday broker round-up

(ShareCast News) - Burberry: Nomura upgrades to buy with a target price of 1500p. Anglo American: Canaccord downgrades to sell with a target price of 350. South32: UBS reiterates neutral with a target price of 67p, Citigroup stays at buy, 75p target and Exane BNP Paribas keeps at outperform, 70p ta

Intertek swallows Italian food testing group

(ShareCast News) - Intertek Group took a big bite of Italian on Friday, as it reached agreement to purchase Food International Trust (FIT-Italia). FIT-Italia specialised in providing food quality assurance services to the retail and agricultural sectors, Intertek said in a market announcement. It wa

BUZZ-Intertek: gains as co beats on revenues, reaffirms FY target

** Product testing firm Intertek +1.6%, among top FTSE 100 risers ** July to end-October constant currency organic revenue growth of +1.8% (ahead of Goldman Sachs H2 2015 est of +1.2% and company-compiled consensus of +0.7% for H2 (as flagged by the broker)) ** Co says on track to del

Intertek acquires US-based materials testing company

(ShareCast News) - Intertek Group has acquired New York-based MT Group LLC and Materials Testing Lab (MT) in a bid to expand its building & construction capabilities in the US. The FTSE 100 listed company announced the deal to acquire the materials testing and inspection services company for the

FTSE 100 movers: Hargreaves Lansdown rallies; housebuilders slump

(ShareCast News) - London's FTSE 100 index was down 0.7% to 6,296.01 as worries about a slowdown in the world's second-largest economy continued to undermine sentiment, following the release of disappointing Chinese inflation figures. Shares in luxury fashion retailer Burberry declined for the secon

London pre-open: Stocks seen lower; wage growth figures eyed

(ShareCast News) - London stocks are expected to open lower on Wednesday as worries about global growth weigh on investors' minds and following weak Chinese inflation data. The FTSE 100 index is seen opening down 47 points at 6295. On the data front, UK claimant count and average weekly earnings a

Intertek to acquire Professional Service Industries for USD330m

(ShareCast News) - Intertek Group has agreed to acquire US-based construction material testing and assurance business Professional Service Industries (PSI) for $330m. The FTSE 100 company announced the deal on Wednesday and said PSI was leading, high-quality US business focused on the commercial and

Intertek buys U.S. testing firm PSI for $330 mln

LONDON, Oct 14 (Reuters) - Britain's Intertek Group said on Wednesday it had agreed to buy U.S. testing company Professional Service Industries (PSI) for $330 million to build scale in the construction sector. Illinois-based PSI, which is majority owned by the private equity firm Olympus P

Intertek buys Danish certification company

(ShareCast News) - Product testing group Intertek has acquired Dansk Institut for Certificering A/S (DIC) for an undisclosed sum. Intertek said the acquisition of DIC, which is a certification company, will allow it to expand its capabilities and footprint in business assurance in the Nordic region.