Hints and tips:
...WPP will also reduce is planned capex from £400m to v£300m....
...A version of this article was first published by the Nikkei Asian Review on April 20, 2018. ©2018 Nikkei Inc. All rights reserved....
...We view such actions as mandatory in that they must be done to preserve the long-term value of the franchise irrespective of the pressure on near-term cash flow....
...But, as we wrote yesterday, the linkages in China’s economy, which we really doubt are all known, make us v wary....
...The Seaboard deal was similar in scale to its $653m acquisition of SPM Flow Control in 2007, which originally established Weir as a large supplier to upstream oil companies in North America looking to exploit...
...The deal is similar in scale to its $653m acquisition of SPM Flow Control in 2007, which established it as a large supplier to upstream oil companies in North America looking to exploit the nascent fracking...
...Some have also experimented with limited capital controls in a parallel attempt to head off the flow of hot money. So far, the tensions have not boiled over in public squabbles....
...In Comcast v. FCC – the “network neutrality” case – the agency was found to be making up the law as it went....
...That logic saw it snap up SPM Flow Control, a Fort-Worth based supplier of pumps and flow control equipment to the oil and gas industries over the summer just as it saw it dispose of Weir Pumps....
...His confidence stemmed in part from the $653m (£328m) acquisition last month of SPM Flow Control, a US-based business that supplies the oil and gas industries....
...The deal caps a busy year for the Scottish engineering group, which has sold its water pump-making business and its share in Devonport naval dockyard while acquiring oil industry supplier SPM Flow Control...
...The deal to buy SPM Flow Control, a Texas-based supplier of pumps and flow control equipment to the oil and gas industries, “ticks all the boxes for us,“ said Mark Selway, Weir’s chief executive....
...The deal to buy SPM Flow Control, a Fort Worth, Texas based supplier of pumps and flow control equipment to the oil and gas industries, “ticks all the boxes for us,“ said Mark Selway, Weir’s chief executive...
...Among the mid caps, Weir Group, the valves and pumps group, jumped 10.7 per cent to 701½p as investors applauded the $653m acquisition of US-based SPM Flow Control, a deal that increases Weir’s exposure...
...Many of the originators to blame for poor quality control standards may not be held to account either – with several such lenders already in bankruptcy....
International Edition