Intertek Group Share News (ITRK)
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Fri, 17th May 2013 11:49
(Sharecast News) - Liberum reiterated its 'buy' recommendation on BA and Iberia owner IAG on Tuesday, and lifted its price target to 350p from 240p as it said positive earnings momentum was set to continue.
Read more(Sharecast News) - Quality assurance and testing specialist Intertek took the wraps off its new 'Intertek 30 AAA' growth strategy on Wednesday, aiming to unlock significant value growth opportunities.
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Intertek Group PLC - London-based quality assurance service provider - Says current trading for 2023 is in line with guidance. Expects to invest around GBP115 million to GBP125 million in capital expenditure and financial net debt to be in the range of GBP630 million to GBP680 million in 2023. Announces 'Intertek 30 AAA' growth strategy, including plans for a "stronger portfolio poised for faster growth", targeting mid-single-digit like-for-like revenue growth at constant currency and to return margin to 17.5% peak "and beyond". This is alongside higher cash generation to fuel growth investments and deliver strong returns, as well as "more agile organisation and high-performance capability to unlock significant value growth opportunity".
Read more(Alliance News) - Builders' merchant Travis Perkins PLC on Thursday said that Pete Redfern will step down as a senior independent director on June 1.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday afternoon:
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Main U.S. equity indexes end slightly greenRead more
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Main U.S. equity indexes now just slightly red; Nasdaq off ~0.2%
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Main U.S. equity indexes modestly red: Nasdaq off ~0.4%Read more
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Main U.S. equity flutter near unchangedRead more
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Main U.S. equity flutter near unchanged, Nasdaq slightly lower
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Main U.S. equity indexes around flatRead more
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Major U.S. equity index futures mixed, little changedRead more
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Major U.S. equity index futures mixed, little changedRead more
(Alliance News) - Intertek Group PLC on Monday said it has agreed to buy Controle Analitico Analises Tecnicas Itda, a provider of environmental analysis with a focus on water testing.
Read more(Alliance News) - Stocks in London opened higher on Monday morning, ahead of a slew of PMI scores in Europe and the US, whilst oil prices surged after a surprise Opec production cut.
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