Hints and tips:
...As a result of the delays, and problems with the smaller Vega-C, which is manufactured by Italy’s Avio, Europe has had to use SpaceX to send some of its most important satellites into orbit....
...Italy needs companies such as GE, which bought aerospace group Avio, or Japan's Hitachi, acquirer of rolling stock maker Ansaldo, because they bring investment and ensure human capital remains in a country...
...The company said it would buy the aviation business of Avio, the Italian aerospace company, for €3.3bn on Friday....
...Cinven returned €5bn to investors since the start of 2011, and about 55 per cent of its previous fund, including the €3.3bn sale of Avio’s aviation business to General Electric at the end of last year....
...Enter the PowerShares Water Resources ETF, which tracks a variety of water-focused companies like Flowserve, American Water works, and Waters Corp. Surely a drought will be felt here. Thud....
...In AES’s case, its main rivals in seals are three much bigger companies: John Crane (part of Britain’s Smiths Group) and Flowserve, both of which are based in the US, and EagleBurgmann, in Germany....
...Spirax-Sarco (Add, TP 1575p) and Rotork (Add, TP 1520p) with Flowserve. Rotork with Emerson and so on....
...Weir Group, the Glasgow-based pumps and values manufacturer, was marked 3 per cent higher at 484p after US rival Flowserve reported record third quarter sales overnight....
...In Weir’s annual report, major financial groups Fidelity International and FMR Corp were stated as having a total interest of 6.69 per cent of Weir’s shares as at March 21, 2006....
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