Intertek Group Share News (ITRK)
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Intertek, the testing and quality assurance company, said year-on-year organic revenue growth for the ten months to the end of October was 8%, in line with the figure published in the half year update in August. Adding revenues from acquisitions and currency effects, total reported revenues year-t
16 Nov 11 07:21Stocks were on the back foot heading into the weekend amid continuing worries over global growth. Data showing consumer confidence has risen for the first time in four months failed to lighten the mood. The index of sentiment remained firmly negative in September at -30, up a point from the previo
30 Sep 11 16:54Miners are among the fallers after the Chinese Purchasing Managers' Index (CPMI) was unchanged from the previous month at 49.9 in September. A reading below 50 signifies a contraction, so the August reading is bad news for miners, as China is a resource hungry country. However, silver miner Fresnil
30 Sep 11 13:16Safety testing company Intertek has appointed David Reid, who currently chairs the supermarket giant Tesco, as its new chairman. Reid will become chairman of Intertek, which tests the safety of a wide range of products, including toys, shoes, furniture and cosmetics, when the current chairman Vanni
26 Sep 11 07:25Vanni Treves, chairman of the FTSE 100-listed testing company Intertek, has offloaded a big chunk of shares, netting nearly £200,000. He sold 10,000 shares at 1,980p a time and still has 20,000. The shares have been hit by the general market decline since April, when Treves sold 24,048 shares at 2
20 Sep 11 16:34Intertek is the company you hire to determine whether the paint coating your mug is toxic. Or to find out whether Jeremy Clarkson's assertions about the mileage achieved by an electric vehicle are accurate. It is the world's largest provider of testing services. Good products, good management and ac
2 Aug 11 06:28After a late dive the top share index finished deep firmly in the red, reversing strong gains after some weak economic data from the US. The Institute of Supply Management´s (ISM) purchasing managers´ index for the manufacturing sector fell to 50.9 points in July, from 55.3 the month before. That d
1 Aug 11 16:57Buy testing and inspections firm Intertek, recommends Prime Markets, which said that the group's interim results show improvement in every metric. "Not only has Intertek delivered an exceptional performance in 2011 to date, but it has improved on every metric in its interim results statement this m
1 Aug 11 13:30Banking giant HSBC is heading north after it unveiled a rise in profits and a massive wave of job cuts. Pre-tax profits for the half year climbed by 3% from the same period the previous year, with strong performances from the retail banking and wealth management divisions, which benefited from fewe
1 Aug 11 12:50The leading share index is approaching triple-digit gains now with company updates driving shares higher. The FTSE 100 got off to a strong start and was boosted further by results from HSBC, which updated after the open. The banking giant unveiled a rise in profits and announced plans to cut up to
1 Aug 11 12:12Only four stocks were in the red on Monday morning as the blue chip index recovered from a week of losses on the back of the back-and-forth debt ceiling debates in the US. However, the saga is apparently close to its end after President Barack Obama and congressional leaders agreed on a deal to put
1 Aug 11 08:32With the US debt ceiling saga apparently close to its end, at least until the world's biggest economy needs to up its borrowing requirement again, equities on this side of the pond are set for a relief rally after Friday's fall. President Barack Obama and US congressional leaders have agreed on a
1 Aug 11 07:33Testing and inspections firm Intertek was not quite firing on all cylinders in the first half of 2011, but still delivered solid revenue and profit growth. "Our businesses continue to perform well overall, with strength in some areas offsetting slower growth in others," said Wolfhart Hauser, chief
1 Aug 11 07:16UBS has cut its target price for testing and inspections firm Intertek from 2,000p to 1,950p ahead of the group's first half results due on 1 August. The Swiss broker's numbers are broadly lower than consensus estimates across the board. "We forecast: 1) revenue of £750m (cons £751m) with organic g
26 Jul 11 11:42The share price reaction to the trading update from oil firm Tullow has been favourable, even though most brokers agree that first half production levels were a bit below expectations, due to a slower than anticipated ramp-up in production at the Jubilee field in Ghana. Production levels may have b
5 Jul 11 16:12
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