Canadian engineering and construction company SNC-Lavalin Group said yesterday that it would acquire Tipperary-based energy services provider Kentz Corp for about £1.164bn (€1.45bn) in cash to expand its offerings in the oil and gas sector.
Tue, 24 Jun, 2014
An oil and gas engineering group is to keep its independence after fighting off takeover interest from British and German rivals.
Fri, 13 Sep, 2013
Shares in the Ireland-founded international engineering services group, Kentz, fell by almost 10% yesterday, after one of the two companies linked to a takeover of the firm withdrew its interest days before the final deadline for binding offers.
Oil and gas-focused Irish engineering firm Kentz Corporation, a target of potential takeover interest, delivered an upbeat outlook for the industry in its first-half results yesterday.
Wed, 28 Aug, 2013
A British oil engineering company has made an approach to buy Clonmel- based Kentz for up to £680m (€797m).
Tue, 20 Aug, 2013
Clonmel-founded engineering group Kentz is subject to takeover speculation linking British engineer Amec to an £800m (€938m) bid as Amec attempts to grow its oil and gas division.
Mon, 19 Aug, 2013
Buoyant banks helped the FTSE 100 Index return to winning ways as shares in state-backed Lloyds Banking Group passed a key threshold today.
Fri, 17 May, 2013
Sluggish economic data from the world’s biggest economy offset gains by buoyant banking stocks, sending the FTSE 100 Index into the red and continuing a turbulent performance by the top tier.
Mon, 22 Apr, 2013
Further cracks emerged in the eurozone’s shrinking economy to drag European stock markets lower and ensure another day of losses for the FTSE 100 Index.
Thu, 04 Apr, 2013
Uncertainty over whether US political rivals will agree a crucial spending and taxation deal drove a volatile run on the London market today.
Mon, 12 Nov, 2012
World markets slipped into the red today after a scheme to boost liquidity and ease the eurozone debt crisis failed to settle traders’ nerves.
Wed, 21 Dec, 2011
UK investors lost confidence in the prospect of a speedy resolution to the eurozone debt crisis today, causing London's leading share index to drop into the red.
Mon, 17 Oct, 2011
The London market ended slightly higher as lower oil prices hit the energy sector and overshadowed a strong session for UK insurers.
Tue, 07 Jun, 2011
World markets saw a turnaround in fortunes today after better-than-expected jobs data from the United States calmed nerves about the global economy.
Fri, 06 May, 2011
The London market held its nerve today despite a 6% slump for Tokyo’s Nikkei index in the aftermath of Japan’s devastating earthquake and tsunami.
Mon, 14 Mar, 2011
An improved outlook on the crisis in Libya and a raft of positive blue-chip updates saw the FTSE 100 Index break back through the 6000 barrier today.
Thu, 03 Mar, 2011
Blue chip stocks remained deep in the red and oil prices surged past $110 a barrel as the crisis in Libya showed no sign of easing today.
Wed, 23 Feb, 2011
London’s FTSE 100 Index made further advances today thanks to a raft of well-received updates from the likes of Barclays and Schroders.
Tue, 09 Nov, 2010
The London market closed lower today as investors feared US Federal Reserve plans to inject more cash into the economy may fall short of expectations.
Wed, 27 Oct, 2010
The FTSE 100 Index regained some ground today after positive retail figures at home and uplifting unemployment data in the US steadied investors' nerves.
Thu, 26 Aug, 2010
Disappointing US jobs figures brought an abrupt end to stock market recovery efforts today as the FTSE 100 Index slumped 1.6% into the red.
Fri, 04 Jun, 2010
London’s leading share index fell into the red today despite figures confirming a stronger-than-expected economic recovery in the final quarter of 2009.
Tue, 30 Mar, 2010
The FTSE 100 Index enjoyed a buoyant beginning to the week today with utility firms in the takeover spotlight.
Mon, 01 Feb, 2010
The London market searched for direction today as financial firms were out of favour amid reports of a windfall tax on banks.
Mon, 07 Dec, 2009
London's stock market recovery continued apace today as a 1.6% gain took the FTSE 100 Index to a new 14-month high.
Mon, 16 Nov, 2009
London’s blue chip share index staged a sharp recovery today after a smaller-than-expected £25bn (€27.9bn) money boost from the Bank of England.
Thu, 05 Nov, 2009
The FTSE 100 Index held its ground above the 5200 mark today to close at its highest level for more than a year.
Mon, 12 Oct, 2009
Shares in airline stocks flew higher today as the FTSE 100 Index chalked up its fifth winning session in a row.
Thu, 17 Sep, 2009
The FTSE 100 Index dipped into the red today despite economic cheer in America.
Thu, 27 Aug, 2009
Encouraging results from mining heavyweight Kazakhmys ensured the London market made progress in thin pre-holiday trading today.
The London market pulled into positive territory today as early gains on Wall Street helped boost sentiment.
Tue, 18 Aug, 2009
The FTSE 100 Index broke a four-day losing streak today after US bank Wells Fargo gave the sector a surprise lift with forecast-beating results.
Thu, 09 Apr, 2009
Another strong session for blue chip insurers helped London’s leading share index close in positive territory today, despite heavy falls among banks.
Fri, 20 Mar, 2009
Barclays led the FTSE 100 Index to gains of almost 3% today as London’s blue-chip stocks kept up their recent momentum.
Mon, 16 Mar, 2009
A further loss of confidence in the banking sector dragged the FTSE 100 Index down 5% today in a grim day for stock markets worldwide.
Wed, 14 Jan, 2009
UK blue chips were lent some Christmas cheer today as commodities boosted London's leading share index despite further dire news from the retail sector.
Mon, 29 Dec, 2008
The FTSE 100 Index finished the session just 1% lower today after a bail-out of the US car industry helped Wall Street markets open on the front foot.
Fri, 19 Dec, 2008
The London market was under pressure today as lower oil prices and concerns over the global economy weighed on sentiment.
Early optimism surrounding America’s hefty interest rate cut faded fast today as stock market attentions turned to the mounting economic gloom.
Wed, 17 Dec, 2008
Interest rate cut hopes and a smaller-than-expected contraction in the US economy helped the London market consolidate recent gains today.
Thu, 30 Oct, 2008
A nervous London market slipped into the red today despite gains for oil and commodity stocks.
Fri, 11 Jul, 2008
London’s leading share index closed in positive territory today despite a rollercoaster session that saw blue chips swing between losses and gains.
Thu, 03 Jul, 2008
The London market faced more pressure today amid a glut of poor economic news and record oil prices.
British construction firm Morgan Sindall came under pressure today after it warned sluggish housing and property markets would hit the group next year.
Tue, 01 Jul, 2008
The London market closed in the red today after a volatile session amid concerns over the housing market and political tension between Israel and Iran.
Tue, 24 Jun, 2008
The London market plunged 1.8% into the red today as fears over potential interest rate rises spooked investors on both sides of the Atlantic.
Wed, 11 Jun, 2008
The London market held firm in positive territory today as stocks regained their poise following the turmoil seen yesterday on Bradford & Bingley's profits warning.
Tue, 03 Jun, 2008
Banks led a cautious recovery for the London market today as the dust settled after yesterday’s profit warning from Bradford & Bingley.
The FTSE 100 Index fell back below the 6000 mark today as Wall Street jitters put the London market on the back foot.
Thu, 17 Apr, 2008
Further fears over the US economy sent the London market tumbling below the key 6000 barrier today.
Fri, 11 Apr, 2008
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