Market Updates
Europe Earnings: Balfour, Invensys, Phoenix Group
Nigel Thomas
12 Jul, 2013
New York City
-
Balfour signed contract with Sydney Water valued
[R]3:20 PM Frankfurt – Balfour signed contract with Sydney Water valued £450 million for next five years. Invensys received takeover offer from France based Schneider Electric SA for £3.3 billion. Phoenix Group said Swiss Re may take minor stake in the company.[/R]
In London trading, FTSE 100 index edged up 0.2% or 11.12 to 6,554 and in Frankfurt the DAX index added 0.6% or 52.36 to 8,211.
In Paris, CAC 40 index slid 0.2% or 7.84 to 3,861.
Balfour Beatty Plc gained 1.1% to 228.11 pence after the UK based infrastructure developer today signed with Australia''s largest water utility provider Sydney Water for approximately $150 million or £91 million in total over the next five years.
Invensys Plc surged 15.8% to 509.50 pence after the UK based technology received takeover offer from France based electricity distributor Schneider Electric SA and agreed to pay 505 pence a share for total consideration of £3.3 billion. Schneider Electric plans to expand its key electro-intensive segments.
Under the terms, Schneider will pay 319 pence a share in cash and 186 pence in new Schneider shares.
Phoenix Group Holdings soared 8.7% to 710 pence after the UK based life & health insurance company confirmed that the company is in preliminary discussions with Swiss Re Ltd may take minority stake in the company.
Annual Returns
| Company | Ticker | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|