SKF seen trading sideways for now
Article Abstract:
SKF AB's stock is expected to remain steady until the end of 1998 and the first quarter of 1999, according to several analysts. SKF, which manufactures ball and roller bearings, is currently undergoing a restructuring. Analysts say the company's expansion will be limited by the present difficult market situation. SKF's dropped 3.3% to 119 kronor ($14.97) at the close of the Sept. 9, 1998 trading. In mid- Aug. 1998, SKF "B" shares rose 20% to reflect the change in the company's leadership as Sune Carlsson was named chief executive replacing Peter Augustsson.
Comment:
Its stock is expected to remain steady until the end of 1998 & the 1st quarter of 1999, according to several analysts
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1998
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SmithKline chief will step down in April 2000
Article Abstract:
Article discussing the upcoming April 2000 resignation of SmithKline Beecham PLC chairman and chief executive, Jan Leschly, and his replacement by Jean-Pierre Garnier.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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