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...Leighton P Roper Jr Arlington, VA, US...
...Letter in response to this article: That’s not Biden’s job / From Leighton P Roper Jr, Arlington, VA, US...
...; Pearson Tuesday 3M; Advanced Micro Devices; Alphabet; Amgen; BP; Centene; Ecolab; Eli Lilly; Fiserv; General Electric; HSBC; Illumina; Marsh & McLennan Companies; Microsoft; Mondelez International; Roper...
...The S&P 500 rose 0.3 per cent 2,057.09 while the Dow Jones Industrial Average was little changed at 17,678.70. The Nasdaq Composite advanced 0.3 per cent to 4,771.76....
...Roper Industries lost 3.8 per cent to $118.68 after the industrial technology company said its sales fell short of market expectations....
...The S&P 500 industrial index, which includes Roper, earlier fell 0.3 per cent. The sector has been hit hard by the lacklustre global economic environment....
...Meanwhile, David Roper, Melrose’s chief executive, conceded that the decision to return funds during a takeover situation might appear “perverse”....
...Melrose argued that its approach, pitched at 780p a share, represented a 30 per cent premium to Monday’s closing price of 596½p....
...Sharp rises in the share price of the company, which traded as low as 55¾p in October 2008, helped boost the total value of the incentive scheme from £21m in 2009 to £70.7m last year, according to the company...
...But the index excluding those two marques, the HAGI Top ex P&F, fell 4.27 per cent in September....
...Trading on an undemanding p/e of 11 times and a prospective yield of 4 per cent, shareholders also have the prospect of a return of cash of up to 80p a share....
...Churchill China, which has a market capitalisation of £30m and is about 40 per cent owned by the Roper family, last week brought forward the payment of its final dividend from May to March....
...Shares in Melrose, which have fallen from above 90p in January, closed up 10p at 69½p on Wednesday....
...The shares closed unchanged at 167½p on Wednesday....
...Mike Wilkins, S&P’s infrastructure analyst, says the worrying trends that prompted him to issue that warning have continued into 2007....
...WH Ireland had done a placing at 9p – the shares later peaked at 15½p – when Greenfield joined Aim in 2004 by reversing into Hightower Construction....
...Demos Phaidon ₤39.95, 352 pages Does for photography what Phaidon’s Vitamin P did for painting and Vitamin D for drawing....
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