Summary
WEIR Group fell yesterday as analysts at Daniel Stewart cut forecasts on the engineering group, on the back of further reports of falling oil exploration in the US, a sector to which Weir's SPM subsidiary is heavily exposed.
Analyst Mike Stoddart also downgraded Weir's minerals business following announcements that mining companies are cutting back investment. Glasgow-based Weir shed 5.25p to 324p.See the full content of this document
Extract
Scots Stocks: Oil Slowdown Hits Weir's Shares
Dana Petroleum shares opened sharply higher on news that i...
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