HSBC Recommends Exel

Thursday, February 15, 2001
HSBC upgraded its recommendation on British logistics group Exel Plc to "add" from "hold" with a target price of 1,028 pence. "With uncertainty over the global GDP growth outlook, our add recommendation comes with a cautious view that sentiment in the stock is expected to remain weak," HSBC said in a research note.
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Contracts

Canada Commissions Study on Underwater Noise

Green Marine has signed a nine-month contract with Transport Canada to provide insight on underwater noise generated by shipping and its effects on marine life, along with potential solutions.

Asia-Europe Box Rates Down 23 pct

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RI Offshore Project Boosts US Wind Entry

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Finance

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New R&D test facilities in Friedrichshafen already in service; 40 million euros invested for greater fuel economy and lower emissions    Rolls-Royce Power Systems

 
 
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