Spectris Share News (SXS)

Holiday blues begins for falling STOXX

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HOLIDAY BLUES BEGINS FOR FALLING STOXX (0820 GMT)

LONDON MARKET PRE-OPEN: Spectris launches GBP300 million share buyback

(Alliance News) - Stock trading in London is set for a downbeat return following the long Easter weekend, with traders mulling global growth prospects.

Spectris sells Omega Engineering for £400m, unveils £300m buyback

(Sharecast News) - Precision instrument maker Spectris on Tuesday said it had sold its Omega Engineering unit to Arcline Investment Management for $525m (£403m), and unveiled a £300m share buyback.

TRADING UPDATES: Sureserve gets new CFO; Sareum notes GSK buys Sierra

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

LONDON BROKER RATINGS: Deutsche cuts Ferguson; JPMorgan low on LandSec

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday afternoon:

LONDON BROKER RATINGS: HSBC lifts Kingspan; UBS raises Aviva

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

IN BRIEF: Spectris CFO Harding, CEO Heath purchase shares

Spectris PLC - Egham, Surrey-based supplier of precision instrumentation and controls - Chief Financial Officer Derek Harding purchases 4,000 shares at 2,545.45 pence each on Monday, totalling GBP101,818.

British shares weaken as oil spike stokes inflation worries

March 7 (Reuters) - London's FTSE 100 hit a more than seven month-low on Monday, before recouping most of its losses as soaring crude prices pushed oil and gas stocks higher, while investors remained cautious as rising energy costs fuelled inflationary concerns.

LONDON MARKET CLOSE: Stocks fall on Russia fears as oil prices surge

(Alliance News) - Stocks in London ended lower on Monday amid ongoing concerns about the Russian invasion of Ukraine that has sent global oil prices soaring.

LONDON MARKET MIDDAY: Stocks try to find bottom as commodities surge

(Alliance News) - Stocks in London were struggling at the start of the new week with the fallout from Russia's invasion of Ukraine sending commodities to record levels and equities - particularly travel, banking and retail shares - in the other direction.

LONDON MARKET OPEN: Mining and oil stocks limit FTSE 100 decline

(Alliance News) - Stock markets in Europe sunk at the open on Monday, with the FTSE 100 outperforming its mainland peers, as Russia's invasion of Ukraine continues to send investors into safe-haven assets such as gold, while crude prices spiked on worries that Russian oil will be banned.

TOP NEWS: Spectris cancels GBP1.8 billion bid for Oxford Instruments

(Alliance News) - Spectris PLC said on Monday it has ended discussions for a proposed GBP1.8 billion takeover of Oxford Instruments PLC, due to market uncertainty following Russia's invasion of Ukraine.

LONDON BRIEFING: Spectris pulls out of Oxford Instruments takeover bid

(Alliance News) - The global market turmoil caused by Russia's invasion of Ukraine claimed an M&A victim in London on Monday.

LONDON MARKET PRE-OPEN: UK house prices hit record; Spectris backs off

(Alliance News) - Equities look set for another tough week, with stocks in London called sharply lower on Monday morning, as Russia intensified its attack on neighbouring Ukraine and China trimmed its growth outlook.

Spectris pulls £1.7bn bid for Oxford Instruments, citing Ukraine war

(Sharecast News) - Spectris has pulled its £1.7bn bid for Oxford Instruments, citing global market uncertainties caused by the "deplorable" events in Ukraine after the Russian invasion.