News: GKN Plc (GKN.L)

GKN.L on London Stock Exchange

112.90GBp
18 Dec 2009
Price Change (% chg)

-1.10p (-0.96%)
Prev Close
114.00p
Open
114.00p
Day's High
114.50p
Day's Low
112.10p
Volume
14,089,194
Avg. Vol
8,528,091
52-wk High
131.30p
52-wk Low
36.45p

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Wed, Dec 16 2009

GKN - Demand in aero, auto markets rise

LONDON (Reuters) - Aerospace parts maker GKN said its full-year profit would likely beat market expectations as demand continued to improve, boosting hopes of a recovery in the aerospace supply sector.

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UPDATE 2-GKN says demand in aero, auto markets improving

* Shares up 1.2 pct (Adds analyst comment, shares, details)

High yield firms opt for bond exchanges, buy-backs

LONDON, Nov 30 (Reuters) - High-yield companies with surplus cash are starting to use publicly-announced bond buy-backs and exchanges to smooth their debt repayment schedules, following in the footsteps of a string of investment grade companies.

UPDATE 1-Faurecia says carmaker PSA to remain shareholder

* PSA not exiting Faurecia, head of car parts maker says

UPDATE 1-GKN Q3 pretax steady, but uncertainty remains

* Says good progress continues with restructuring programme

Standard Life bets on sustained UK recovery

LONDON (Reuters) - Standard Life Investments' head of UK equities is betting on a sustained recovery in UK equities over the next year and thinks there are good investment opportunities in oversold stocks.

EU backs £60 million in aid for GKN

BRUSSELS (Reuters) - The European Commission approved on Tuesday 60 million pounds in British state aid for engineering group GKN.

EU backs £60 million in aid for GKN

BRUSSELS (Reuters) - The European Commission approved on Tuesday 60 million pounds in British state aid for engineering group GKN.

EU backs 60 mln pounds in British aid for GKN

BRUSSELS, Sept 15 (Reuters) - The European Commission approved on Tuesday 60 million pounds ($100 million) in British state aid for engineering group GKN .

STOCKS NEWS EUROPE-GKN gains; UBS initiates as "buy"

Shares in GKN gain over 4 percent as UBS initiates coverage on the automotive and aerospace parts maker with a "buy" recommendation and a 135 pence target price.

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