Engineering firm Invensys will get a £95 million settlement from Bombardier following rescoping of work on the London Underground.
Engineering
British Energy takeover?
Mon, 03/17/2008 - 12:27 — Dan CoatsworthShares in British Energy defied Monday's market collapse after admitting it could be taken over.
Spirax fails to reassure
Mon, 03/10/2008 - 10:57 — Simon KeaneSpirax-Sarco Engineering posted a higher full-year pre-tax profit on higher sales and said 2008 has started well.
Brammer gears up growth
Mon, 02/25/2008 - 14:49 — Dan CoatsworthIndustrial services group Brammer outlined aggressive growth plans for 2008 after posting a 21% rise in sales for the past year.
BAE lines up profit growth
Thu, 02/21/2008 - 08:38 — Dan CoatsworthDefence and aerospace group BAE Systems has reported a 22% rise in underlying profit to £1.48 billion for 2007.
Speedy Hire upbeat despite high debt
Mon, 02/18/2008 - 09:53 — Dan CoatsworthEquipment and tool rental group Speedy Hire has increased third-quarter income by 43% as it reiterates limited exposure to the troubled house building and retail sectors.
Torotrak on track
Thu, 02/14/2008 - 10:32 — Simon KeaneAutomotive transmission systems maker Torotrak said that it is trading in line with full-year expectations.
Smiths has supply chain problems
Mon, 02/11/2008 - 10:54 — Simon KeaneIndustrial group Smiths today warned of problems with the firm's medical devices division. The arm, which makes products such as drips and ventilation devices, has been hit by supply chain issues.
Bid war seen on Biffa £1.2bn deal
Fri, 02/08/2008 - 08:59 — Dan CoatsworthWaste collection and recycling firm Biffa agreed a £1.2 billion private equity deal takeover, but a counterbid could be looming as it confirms other interested parties.
Rolls defies pressures
Thu, 02/07/2008 - 08:34 — Dan CoatsworthEngineer Rolls-Royce fought off the weak US dollar and rising to cost to grow profit for 2007 by 13%.




