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Renishaw PLC Shares News & Articles

China's Covid lockdown throws doubt over Renishaw's 2022 performance as engineer cuts guidance

UK engineering firm Renishaw (RSW) cut its annual profit forecast after warning of potential disruption to its business from the latest Covid lockdowns in key market China.Shares in the FTSE 250 company initially fell sharply before recovering as morning trading progressed, marking a 0.5% decline by 9.30am on Tuesday (10 May 2022) to £41.67. The stock had fallen around 15% this year.The company n

Miners, banks drag FTSE 100 lower early on Thursday; Unilever get markets thumbs-up

Leading UK stocks were pulled down by mining and bank stocks in early trade on Thursday, while Unilever (ULVR), which supplies all sorts of everyday goods we all use, like butter and tea, warned that inflation pressure could last far longer than many anticipate.The consumer brands firm saw its share price rise nearly 2% to £38.905 early on as its third quarter numbers proved to be resilient, with
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