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World
S&P downgrades UK engineer Weir
...Standard & Poor’s has downgraded the long-term credit rating of Weir, the industrial valve and pumpmaker that has suffered from the commodities slump, one notch to ‘BBB’ from ‘BBB+’, reports Michael Pooler...
March 15, 2016
European companies
Dubai International Capital puts European assets up for sale
...“Great companies are bought not sold,” he told the Financial Times in an interview....
December 9, 2013
FT Live
Commodities Asia Summit
Enabling decarbonisation in a time of disrupted trade flows
Wednesday, 6 NovemberSingapore
European companies
UK fights to build a nuclear legacy
...“The challenge you’ve got is there are already existing supply chains for these designs,” says Keith Cochrane, chief executive of Weir Group, which supplies various types of valves to civil nuclear installations...
November 25, 2012
US & Canadian companies
Weir widens reach amid boom in fracking
...While major oil service companies such as Halliburton prefer to make their own pumps and operate a vertically integrated business model, Weir is keen to target its growing portfolio of pumps and valves directly...
January 25, 2012
Eurozone economy
Wall St surges on German vote and GDP figures
...Advanced Micro , a semiconductor manufacturer, which supplies personal computer companies, fell 13.7 per cent to $5.31 after the California-based company reduced its forecast for quarterly revenue and gross...
September 29, 2011
US & Canadian companies
GE deal accelerates push into energy
...oil services company....
January 14, 2011
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Oil
Kef Holdings ready for recovery in Sharjah
...The company still faces some uncertainty relating to ownership....
October 22, 2010
Climate change
Nuclear market renaissance bolsters Weir
...Weir Group, which makes valves and pumps for the oil, mining and power industries, has won a $15m (£9.4m) contract to supply parts for the first US nuclear plant to be built in 25 years....
August 3, 2010
Stock exchange consolidation
SEC eyes trading circuit breakers
...The Securities and Exchange Commission and leading US equity exchanges on Monday laid the ground for the creation of an industry-wide safety valve designed to temporarily halt trading in stocks, in response...
May 10, 2010
US downturn
Valve maker grows to ‘jewel in the crown’
...Valves are typically 8-12 per cent of a total project’s costs, and the annual global valve industry is worth about $18.5bn, according to the company....
June 22, 2009
On LondonUS states of emergency
European OTC solution sought
...In recent weeks, US banking regulators have been pushing aggressively for the creation of a safety valve, in the form of a clearing mechanism, for OTC credit default swaps – financial instruments at the...
October 19, 2008
FT AlphavilleIzabella Kaminska
Profiting from a contango, not so easy
...As late as last week, energy company Hess was offering capacity across many of its facilities....
December 8, 2008
World
US paying Iraqi press to run favourable stories
...The hundreds of newspapers, television stations and other “free media” offer a “relief valve” for the Iraqi public to debate the issues of their burgeoning democracy, Rumsfeld said....
November 30, 2005
UK retail results
Who is lining up to dance the takeover tango?
...Private equity groups are understood to be circling IMI now that the group, which produces valves for the oil and gas industry, has sold Polypipe, its plastic pipes subsidiary....
November 1, 2005

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