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The retirement income gap no-one is talking about

People are living longer than ever before and this can impact how you plan for retirement

BUZZ--IMI and Weir Group: diverging fortunes

Reuters - UK Focus

** IMI (LSE: IMI.L - news) hits new 52-week low today while closest rival Weir Group, up 2.5% is top FTSE 100 riser.

** The UK manufacturers have been experiencing diverging fortunes YTD. Weir is up 26.7% while IMI is down 12.1%.

Chart: http://link.reuters.com/pys72w

** Credit Suisse (NYSE: CS - news) upgraded Weir to "outperform" from "neutral".

** IMI trades on a P/E multiple of 15.7, below Weir's 17.4, but still at a 45% to its ten-year average of 10.8.

** Both firms have signaled acquisitions likely, though Weir was rebuffed by Finnish rival Metso in May

** On 4 August Weir dropped adviser BofA Merrill Lynch after it was hired by IMI. (RM (LSE: RM.L - news) : alasdair.pal.thomsonreuters.com@reuters.net)