Johnson Matthey Share News (JMAT)

Johnson Matthey profit drops 9 pct, sees steady progress

LONDON, June 6 (Reuters) - Johnson Matthey, the world's largest maker of catalysts to control car emissions, reported a smaller-than-expected drop in annual profit, as its exposure to a recovering U.S. auto market helped offset the impact of weak precious metals prices. The speciality chemi

Walker named as next Executive Director at Johnson Matthey

FTSE 100-listed speciality chemicals company Johnson Matthey has appointed John Walker as an Executive Director of the company with effect from October 9th 2013. He will succeed Bill Sandford who is to retire as an Executive Director of the company on October 9th 2013. Walker, who has worked at J

PLATINUM WEEK-US fuel economy push could lift platinum demand-JM

PLATINUM WEEK-US fuel economy push could lift platinum demand-JM

* Big 3 may boost more efficient diesel vehicle output * Ford to launch diesel van in 2014, adds plant jobs * US platinum, palladium autocatalyst demand seen up in 2014 By Frank Tang NEW YORK, May 13 (Reuters) - A push by the United States to improve fuel efficiency could

PLATINUM WEEK-Russian palladium stock sales to be smaller -JM

* Russian state sales in 2012 estimated at 250,000 oz * Expected to drop to around 100,000 oz this year * Norilsk 2013 palladium output to decline slightly By Polina Devitt MOSCOW, May 13 (Reuters) - Sales of palladium from Russian state stocks are likely to contribute les

PLATINUM WEEK-Japan platinum demand for autos rose 20 pct -JM

* Auto sector use rose 20 pct in 2012 on higher auto output * Jewellery demand stagnating, one-sixth of China's in 2012 By Risa Maeda TOKYO, May 13 (Reuters) - Demand for platinum from Japan's car industry rose 20 percent in 2012 thanks to a recovery in production but both look

London close: Stocks pare gains after US data

Disappointing economic from the States saw the FTSE 100 halve its earlier gains by the close on Wednesday as markets waited in anticipation of a policy decision from the Federal Reserve later this evening. The US central bank is widely expected to leave its current stimulus measures unchanged follo

FTSE 100 movers: BT leads the way after o2 deal

BT Group shares were leading the risers on Wednesday after signing a 10-year deal with o2 to create a new 4G network worth in the region of 500m pounds. Speciality chemicals group Johnson Matthey has made strong gains after a positive update from Credit Suisse said that weaker platinum prices have

Tuesday broker round-up UPDATE

Associated British Foods: Panmure Gordon ups target price from 1750p to 1800p keeping a hold recommendation. Aveva Group: Sanlam Securities upgrades from sell to hold with an unchanged target price of 1980p. Bank of Georgia: Bank of America raises target price from 1443.60p to 1765p, but downgrade

FTSE 100 movers: Johnson Matthey share lifted by Credit Suisse

Johnson Matthey shares were lifted by Credit Suisse, in which it said the speciality chemical makers is in a better position than its peers in Europe in terms of its position within the industry. The broker reiterated its 'outperform' rating on the stock. Aggreko shares got a boost after Jefferies

London midday: FTSE 100 snaps four-day winning streak

The FTSE 100 was pulling back on Friday morning after four consecutive days of gains as investors turned cautious ahead of a meeting of Eurozone finance ministers in Dublin. Results due out from US banking giants JPMorgan Chase and Wells Fargo later today were also making markets nervous, with stoc

London close: Stocks edge higher ahead of long Easter weekend

Stocks finished moderately higher on Thursday, though gains were trimmed in afternoon trade as traders scaled back risk appetite ahead of a long four-day weekend for the Easter holidays. Meanwhile, continuing concerns over the Eurozone kept markets on their toes today, as political uncertainty in I

STOCKS NEWS EUROPE-Johnson Matthey boosted by acquisition news

Shares in Johnson Matthey, the world's top supplier of catalytic converters, climbs 3.7 percent in brisk trade after it buys Formox, a Sweden-based specialist chemical company, for 107 million pounds ($161.7 million). Trading volume in Johnson Matthey stands at 128 percent of its 90-day dai

London midday: Stocks advance as Cyprus re-opens banks

After a shaky start, the FTSE 100 was making decent gains by Thursday lunchtime ahead of a raft of economic data from the States later on, as sentiment was lifted by the reopening of banks in Cyprus. Nevertheless, gains are expected to moderate as traders refrain from building big positions ahead o

UPDATE 1-Johnson Matthey buys Sweden's Formox for 107 mln stg

LONDON, March 28 (Reuters) - Britain's Johnson Matthey , the world's top supplier of catalytic converters, said it had bought Formox, a Sweden-based specialist chemical company, for 107 million pounds ($161.71 million). "Formox has a strong position in a growing and profitable market which