Fenner PLC (FENR.L)
27 Jan 2015
Jan 14 - Fenner Plc, a maker of conveyor belts and polymer products, said it expected the steep fall in oil prices and weak commodity prices to curb demand for its products, hurting its full-year earnings.
Jan 14 - Fenner Plc, a maker of conveyor belts and polymer products, said it expected full-year earnings to be slightly below its previous guidance as it anticipated weak commodity prices and the steep fall in oil prices to curb demand for its products.
** Fenner falls more than 8 pct, making it the top percentage loser on FTSE 250, after UBS cuts its rating on the stock to "neutral" from "buy" citing negative outlook for its engineering conveyor solutions unit.