News: Melrose Industries PLC (MRON.L)

MRON.L on London Stock Exchange

278.70GBp
27 Aug 2014
Price Change (% chg)

-2.30p (-0.82%)
Prev Close
281.00p
Open
281.40p
Day's High
281.90p
Day's Low
278.50p
Volume
1,825,952
Avg. Vol
3,008,036
52-wk High
382.20p
52-wk Low
246.70p

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Investment firm Melrose H1 profit fuelled by Elster business

Aug 28 - British investment firm Melrose Industries Plc reported a rise of 8.5 percent in half-year pretax profit, bolstered by strong performance in its biggest revenue-generating unit, Elster.

Deals of the day- Mergers and acquisitions

(Adds Lorillard, UBS, T-Hrvatski Telekom, MMX, Melrose, Unipetrol)

3i and Intu Properties to join FTSE 100

LONDON, June 4 - Private equity company 3i and Intu Properties are to join Britain's blue-chip FTSE 100 equity index, at the expense of bookmaker William Hill and industrial investment group Melrose Industries.

UPDATE 1-Melrose sees orders accelerating in second half

* Shares gain as much as 3.3 pct (Adds details and analyst comments; updates share movement)

Melrose sees further 1 pct impact from stronger pound

May 13 - British investment firm Melrose Industries Plc said its financial performance would likely be hurt by an additional 1 percent if current exchange rates for the pound continued for the rest of the year.

Weak company updates drag down FTSE 100 index

LONDON, March 5 - Britain's top share index fell again on Wednesday after rebounding from two-week lows in the previous session, with updates from some companies disappointing investors and tensions over Ukraine weighing on sentiment.

UPDATE 2-Melrose says will be hard to increase revenue in 2014

* Company sees negative forex impact of 5 percent in this year

Britain's FTSE falls on disappointing company updates

LONDON, March 5 - Britain's top share index fell again on Wednesday after rebounding from two-week lows in the previous session, as disappointing updates from companies like Melrose and Legal & General weighed on sentiment.

CORRECTED-Melrose, L&G lead FTSE lower as calm returns to markets

(Corrects day in first paragraph to Wednesday from Tuesday)

Turnaround specialist Melrose's profit jumps on Elster buy

March 5 - Engineering turnaround specialist Melrose Industries full-year headline pretax profit almost doubled, boosted by the acquisition of Elster, which makes meters for measuring gas, water and electricity consumption.

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