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Weir Group Raises FY Profit View

Tuesday, January 12, 2010  
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Reuters - Pump manufacturer Weir Group Plc raised its full-year profit outlook and said it continued to perform well in the final quarter, helped by cost cuts and foreign exchange gains.

The group, which makes pumps and valves for the mining, oil and gas and power generation sectors, now expects adjusted profit from continuing operations for the 53 weeks ended January 1 to increase to about 185 million pounds. More…

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