James Fisher On a Roll From Sale ; Market Report

Daily MailAugust 19, 2009

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Summary


IT says it all. When the biggest gainer among the top 250 Footsie stocks is in response to a measly Pounds 5.25m cash acquisition, you really do know the City is in peak holiday mode.

Hats off to specialist marine services group James Fisher that raced away to touch 505p before closing 37 1 /2 p, or 8.15pc, higher at 498 1 /2 p following its purchase of MB Faber Ltd, which provides specialist electrical and engineering services to the nuclear and aerospace industries.

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Extract


James Fisher On a Roll From Sale ; Market Report

James Fisher, whose major 17.9pc shareholder is solicitor Rowland Frederick Hart Jackson, has expanded from transportation of clean petroleum products to serve offshore oil, technical and defence sect...

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