Weir Group wins record £100m mining order
Glasgow-based engineering giant Weir Group said on Friday it has been awarded a £100 million order to provide energy saving solutions to the $2.6 billion…
Glasgow-based engineering giant Weir Group said on Friday it has been awarded a £100 million order to provide energy saving solutions to the $2.6 billion…
UPDATE 2 — Shares of Glasgow-based engineering and mining giant Weir Group fell almost 6% on Tuesday after it said its first-half oil and gas orders fell…
Shares of Glasgow-based engineering giant Weir Group fell 4% on Tuesday after it said its first-quarter orders — excluding recent acquisition ESCO –fell 7% “reflecting reduced…
Shares of Glasgow-based engineering giant Weir Group rose 3.5% on Wednesday after it said 2018 revenue rose 23% to £2.45 billion and 2019 would be “another year of…
Glasgow-based engineering giant Weir Group said it agreed to sell its flow control division to private equity firm First Reserve for an enterprise value of £275 million…
Shares of Glasgow-based engineering giant Weir Group rose about 6% on Tuesday after it produced an interim management statement for the third quarter ending September 30 showing…
Shares of Glasgow-based engineering giant Weir Group fell about 7% on Thursday after it warned in an update on North American oil and gas market conditions of “a…
Glasgow-based engineering giant Weir Group said on Tuesday its revenue for the the six months to June 30, 2018, rose 15% to £1.062 billion and profit before…
Glasgow-based engineering giant Weir Group said on Thursday it completed the acquisition of Portland, Oregon-based ESCO Corporation for an estimated enterprise value of $1.28 billion. Weir’s main markets…
Glasgow-based engineering giant Weir Group said on Thursday it agreed to buy Portland, Oregon-based ESCO Corp. for about $1 billion in cash and shares as it…
Glasgow-based oil and mining engineering giant Weir Group said its revenue increased 28% £2.36 billion in 2017, reflecting both the recovery in North American oil and…
Shares of Glasgow-based engineering giant Weir Group fell almost 7% after it said in a trading statement it expects operating profits to be slightly lower than…
Glasgow-based engineering giant Weir Group said its revenue rose 26% to £1.09 billion in the six months to June 30, 2017, “reflecting both the recovery in…
Shares of Glasgow-based engineering giant Weir Group rose more than 7% after it gave an update to its 2017 outlook that “reflects accelerated recovery in North American oil…
Glasgow-based engineering giant Weir Group said it agreed to acquire Singapore-headquartered oil and gas technology firm KOP Surface Products from Norwegian-listed Akastor ASA for about $114m…
UPDATE 1 — Glasgow-based engineering giant Weir Group said its oil and gas orders rose 50% in the first quarter driven by significant growth in North…
Shares of Glasgow-based engineering giant Weir Group fell after it said its 2016 profit before tax fell 22% to £170 million and revenue slipped 2% to £1.84 billion amid…
Glasgow-based engineering giant Weir Group said it appointed David Paradis to its group executive as division president of Weir Flow Control, effective January 23. Paradis succeeds John…
Shares of Glasgow-based engineering giant Weir Group fell as much as 6.5% after it said it expects full year 2016 profits to be slightly lower than current market…
Glasgow-based engineering company Weir Group appointed John Heasley as chief financial officer with immediate effect. Heasley succeeds Jon Stanton who was appointed Weir Group chief executive on…
Glasgow-based engineering company Weir Group said revenue in the six months to June 30 fell to £866 million from £981 million for the same period last year and…
Glasgow-based engineering firm Weir Group said Keith Cochrane will step down as chief executive after 10 years on the board. Finance director Jon Stanton will succeed Cochrane on October…
Glasgow-based engineering firm Weir Group said chief operating officer Dean Jenkins would step down from its board on September 30 and his employment with the group will cease on December 31….
Glasgow-based engineering firm Weir Group said it is selling two renewables focused businesses — American Hydro Corporation and Ynfiniti Engineering Services — for up to £36.7 million….
Shareholders of Glasgow-based engineering firm Weir Group on Thursday voted down the company’s proposals on directors’ pay packages. Weir shareholders voted 72.4% against two resolutions on directors’…
Glasgow-based engineering firm Weir Group said on Thursday its strong cost reduction measures helped it deliver first quarter profits slightly ahead of expectations, despite a significant reduction in…
Glasgow-based engineering firm Weir Group said its revenue fell 21% to £1.9 billion and profit before tax fell 46% to £220 million in the year…
Deputy First Minister Kate Forbes announced the appointment of Jacqui Gale, Luke Logan, Cameron Murray, Stuart Patrick and Greig Rooney as members of the board…
Edinburgh and Glasgow have both ranked inside the top 10 UK cities with the highest number of large corporate firms outside of London, according to…
Abrdn’s £440 million Dunedin Income Growth Investment Trust has reported net asset value (NAV) total return of 6.7% for the year to January 31, 2024,…
The £1.3 billion Edinburgh Investment Trust plc announced its Net Asset Value (NAV) per share on a total return basis increased 7.9% in the year to…
Ahead of the Six Nations rugby starting this weekend, new data from social investing network eToro shows that the strongest XV Scotland-headquartered stocks have easily…
Renfrewshire-based Scottish Leather Group is embarking on a recruitment campaign to help it fulfil its new pipeline of orders from clients including Aston Martin, Jaguar…
Thurso-based battery cell developer AMTE Power plc said on Tuesday that Alan Hollis has been appointed to its board and will become CEO “on or around”…
The £1.2 billion Edinburgh Investment Trust said on Monday its net asset value (NAV) has risen 48%, compared with 36.8% for the FTSE All-Share, since…
First Minister Nicola Sturgeon has lodged a motion in the Scottish Parliament seeking agreement to recommend to The Queen that Dorothy Bain QC and Ruth…
Shares of banks, utilities, transport companies and property firms were among the biggest winners in Friday’s UK stock market rally on the back of the…
Dundee-based investment firm Alliance Trust, which appointed external asset managers Willis Towers Watson in 2017, said on Thursday that Scottish boardroom veteran Robert Smith has decided…
Veteran Scottish investment banker and business executive Robert Smith, Lord Smith of Kelvin, has been appointed chair of the board at Scottish Enterprise. Smith, 75, is…
Shares of Scottish companies listed on the main FTSE stock market ended June 9.5% higher than they started the year, compared to a rise of…
The average valuation of corporate finance deals in Scotland is on the rise, according to PwC, in spite of economic uncertainty which is expected to…
Standard Life Aberdeen director Melanie Gee is to join healthcare investment trust company Syncona Limited as a non-executive director and chair-designate with immediate effect. Gee…
Glasgow-based media firm STV Group plc said Lindsay Dixon joined STV as chief financial officer on Tuesday. Dixon previously worked at Johnston Press, Deloitte, Weir Group…
Scottish shares on the FTSE outperformed the wider market during the first three months of 2019 but their AIM-listed counterparts significantly underperformed the index, according…
Glasgow-based media firm STV said it appointed David Mortimer — the man behind hit shows including Dragons’ Den, Louis Theroux’s Weird Weekends and 71 Degrees North…
Spirit Energy, one of the top independent oil and gas operators in Europe, said it is extending the life of one of its key North…
Construction and outsourcing firm Carillion said on Monday it appointed Keith Cochrane — former chief executive of Stagecoach and Weir Group — as its interim…
Virgin Media said it plans to connect another 360,000 homes and businesses in Scotland to its fibre optic network by the end of 2019, as part…
Leading Scots law firm Burness Paull said it has experienced a 48% increase in contentious intellectual property (IP) work over the last two years. The firm said it…
Leading Scots law firm Burness Paull said turnover for the financial year ending July 31 rose 3.9% to £53.3 million –but profit fell 3.4% to £22.6 million as post-Brexit uncertainty…
The share prices of many of Scotland most important public traded companies have plummeted since Friday morning when it became clear the UK had voted narrowly to…
The UK Government’s Secretary of State for Scotland David Mundell on Wednesday travelled to Texas to build links with the US energy industry to help support the…
Newly independent Clydesdale and Yorkshire Bank (CYBG) is to close 26 bank branches — nine Clydesdale and 17 Yorkshire — to “reflect the changing needs…
Dundee-based investment trust company Alliance Trust said it appointed veteran Scottish financier and businessman Robert Smith, Lord Smith of Kelvin, as its new chairman. Alliance Trust,…