MUDOCH: A GHIP OFF THE OLD BLOCK WHO DENIES HE'S US-BOUND WHEN DAD HANGS UP HIS GREEN EYESHADE

摘要

Actuator manufacturer Rotork held on to top spot by dint of strong growth in the oil and gas sectors. Shares climbed more than 10%, after a 12% rise in revenues to £113.3m for the first six months, and in October, Peter France took over as COO. IMI announced that 40% of its production would be in low-cost economies by the end of '08, but it spent £5m on investigating kickbacks offered by its agents. Interim results showed revenue up by 7% to £781m. The Weir Group sold Glasgow-based Weir Pumps for £45m and bought SPM Flow Control of Texas for £328m. Half-year pre-tax profits were up 40%,to£45.4m.