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Pin to quick picksIntertek Group Share News (ITRK)

Share Price Information for Intertek Group (ITRK)

London Stock Exchange
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Share Price: 4,840.00
Bid: 4,842.00
Ask: 4,844.00
Change: -92.00 (-1.87%)
Spread: 2.00 (0.041%)
Open: 4,932.00
High: 4,932.00
Low: 4,834.00
Prev. Close: 4,932.00
ITRK Live PriceLast checked at -

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FTSE 100 movers: Unscheduled trading update hits supermarkets

Tue, 09th Dec 2014 14:37

Tesco surprised the market with another profit warning, causing shares to plummet. The company said trading profit for the financial year ending February 2015 is not expected to exceed £1.4bn, compared with £3.315bn previously and analysts' forecasts, which ranged from £1.8bn to £2.2bn.Supermarket rival Morrison also dropped sharply following the unscheduled trading update.Intertek was among the fallers after Credit Suisse downgraded the quality and safety services provider to 'neutral', from 'outperform'. The broker's ranking came after revising its organic growth forecasts and noting that its earnings per share estimate for 2015 is now 4% below IBES consensus.Coca-Cola took a hit after concerns rose about its operations in Greece and Russia, given the countries' economic problems. The soft drinks producer was also ordered to pay legal fines to rival Pepsi. The charge came after Coca-Cola issued a challenge against the use of a similar glass bottle design, which came to a close on Tuesday after a four year court battle.Petrofac's prices dropped, as despite an edging up of Brent crude prices, oil companies remained under pressure.G4S saw share prices move upwards after Credit Suisse analysts moved their recommendation from 'neutral' to 'outperform' and raised their target price from 245p to 320p. The bank said: "We think there is significant opportunity within the business to reduce cost and improve efficiency. GFS is, we think, a combination of an attractive multi-year self-help story plus a stock for which organic growth should accelerate into 2015."Rangold Resources continued to rise after Monday's upgrade from Deutsche Bank, from 'hold' to 'buy'. RisersRandgold Resources Ltd. (RRS) 4,294.00p +2.58%G4S (GFS) 280.50p +2.37%Fresnillo (FRES) 721.50p +0.84%Royal Mail (RMG) 400.90p +0.38% FallersTesco (TSCO) 172.50p -7.90%Intertek Group (ITRK) 2,176.00p -6.00%Morrison (Wm) Supermarkets (MRW) 175.10p -5.30%Coca-Cola HBC AG (CDI) (CCH) 1,329.00p -5.27%Shire Plc (SHP) 4,352.00p -4.85%Aggreko (AGK) 1,487.00p -4.74%Petrofac Ltd. (PFC) 736.00p -4.04%Barclays (BARC) 238.20p -3.62%Aberdeen Asset Management (ADN) 445.20p -3.57%easyJet (EZJ) 1,647.00p -3.40%
More News
13 May 2021 07:57

UPDATE 2-UK's Intertek to buy Australia's SAI Global Assurance for $660 mln

(Adds financial advisers, company financials and background)By Yadarisa Shabong and Kane WuMay 13 (Reuters) - British inspection and product testing company Intertek Group agreed on Thursday to buy SAI Global Assurance for A$855 million ($660 milli...

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13 May 2021 07:42

Intertek to acquire SAI Global Assurance, pushes into Canada, China and US

(Sharecast News) - Testing specialist Intertek acquired Australia's SAI Global Assurance for AUD$855m in cash and on a debt free basis, "significantly" increasing its presence in Australia, Canada, China, the UK and US.

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26 Apr 2021 12:49

CORRECTED (OFFICIAL)-UPDATE 1-Lundin sells its first 'carbon neutral' oil as climate activism grows

(Corrects company mentioned in paragraph 5 to London-based Natural Capital Partners (not Amsterdam-based reforestation company Land Life), after Lundin makes clarification)* Oil cargo certified as carbon neutral* Italian refiner Saras to buy first ...

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26 Apr 2021 12:49

UPDATE 1-Lundin sells its first 'carbon neutral' oil as climate activism grows

* Oil cargo certified as carbon neutral* Italian refiner Saras to buy first cargo* Final use of oil still causes emissions (Adds Lundin comments)OSLO, April 26 (Reuters) - Sweden's Lundin Energy has sold to Italian refiner Saras what it said is the...

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26 Apr 2021 11:09

Lundin sells its first 'carbon neutral' oil as climate activism grows

* Oil cargo certified as carbon neutral* Italian refiner Saras to buy first cargo* Final use of oil still causes emissionsOSLO, April 26 (Reuters) - Sweden's Lundin Energy has sold what it said is the world's first oil cargo certified as carbon neu...

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26 Apr 2021 09:47

BROKER RATINGS: BofA starts Lancashire and Beazley with Buy

BROKER RATINGS: BofA starts Lancashire and Beazley with Buy

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26 Apr 2021 08:26

Intertek launches new carbon neutral certificate amid green focus

Intertek launches new carbon neutral certificate amid green focus

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1 Apr 2021 16:07

EXECUTIVE CHANGES: Former Intertek CEO takes up operational role

EXECUTIVE CHANGES: Former Intertek CEO takes up operational role

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1 Apr 2021 09:35

BROKER RATINGS: Davy starts Rentokil and Bunzl with Outperform

BROKER RATINGS: Davy starts Rentokil and Bunzl with Outperform

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25 Mar 2021 09:30

Intertek best-placed for ESG testing, JP Morgan says

(Sharecast News) - JP Morgan said Intertek was its preferred name among testing, inspection and certification (TIC) companies as the broker said the sector was positioned for growth.

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23 Mar 2021 14:20

DIRECTOR DEALINGS: Intertek, Centamin chairs buy; Cranswick CFO sells

DIRECTOR DEALINGS: Intertek, Centamin chairs buy; Cranswick CFO sells

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18 Mar 2021 16:55

LONDON MARKET CLOSE: Stocks boosted by supportive central banks

LONDON MARKET CLOSE: Stocks boosted by supportive central banks

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17 Mar 2021 16:51

LONDON MARKET CLOSE: Stocks fall as caution sets in ahead of Fed

LONDON MARKET CLOSE: Stocks fall as caution sets in ahead of Fed

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16 Mar 2021 16:29

Director dealings: Intertek CEO ups stake

(Sharecast News) - Intertek Group revealed on Tuesday that chief executive André Lacroix had acquired 10,000 ordinary shares in the FTSE 100-listed assurance firm.

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16 Mar 2021 12:07

DIRECTOR DEALINGS: Intertek CEO buys GBP500,000 worth of shares

DIRECTOR DEALINGS: Intertek CEO buys GBP500,000 worth of shares

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