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CCPI acquisition sees Vesuvius expand in aluminium
Molten metal flow engineering and technology Vesuvius announced on Thursday that it has agreed to acquire CCPI - a specialty refractory producer focused on tundish applications and aluminium.
Vesuvius outperforms underlying markets in steel and foundry
Vesuvius announced a 10. 7% improvement in its underlying revenue in its annual results on Thursday, to £1. 798bn, reporting that both its steel and foundry divisions outperformed their underlying markets.
US pre-open: Stocks to edge lower as Trump-Kim summit ends abruptly
US stocks looked set for moderate losses at the open on Thursday after US President Trump's denuclearisation summit with North Korean leader Kim Jong-un was cut short, with no agreement reached.
Petrofac runs down debt ahead of schedule, but cites near-term uncertainty
Petrofac managed to erase its net debt last year, witht falling revenues and profitability offset by asset sales.
London midday: Stocks maintain losses after weak China data
London stocks were still in the red by midday on Thursday as investors mulled weak Chinese factory data and an abrupt end to the Trump-Kim denuclearisation summit.
UK car production suffers as Chinese exports crash
British car production fell in January, as demand from China collapsed and Brexit concerns weighed heavily at home.
Bakkavor expects slow start to 2019
Prepared food provider Bakkavör said it expects it will have to wait until the second half of 2019 before UK growth picks up, after a year when strong international performance made up for a subdued home market.
Hunting full-year profit misses estimates, guidance belies caution
Hunting posted weaker-than-expected full-year profits on the back of the sharp drop in crude oil prices seen at the end of 2018 and the company's guidance appeared to belie caution on the part of its management team.
Proactis plunges on profit warning
Shares in spend management eCommerce solutions provider Proactis fell on Thursday after the group issued a profit warning following a period of lower retention levels and a deterioration of its pipeline in the US and Europe.
Record visitor numbers help boost Merlin Entertainments
Merlin Entertainments reported a jump in full-year revenues after visitors flocked to its theme parks and attractions.
Inchcape profits slide as Brexit concerns weigh on sales
Car dealer Inchcape saw profits fall slightly last year, as stricter emissions laws, Brexit related uncertainties and a slump in UK auto production all helped pump the brakes on sales.
BHP makes four additions to its executive leadership team
BHP announced a number of changes to its executive leadership team on Thursday, which it said reflected its recently-simplified portfolio and its transformation agenda.
Grafton's full-year profit jumps 20%
Builders’ merchant and DIY group Grafton posted a 20% in annual pre-tax profit on Thursday thanks to a solid performance form its merchanting, retailing and manufacturing businesses, with the Leyland SDM acquisition also contributing to growth.
National Express sees record performance in several divisions
National Express Group reported organic revenue growth across all of its divisions in its final results on Thursday, with a number of strategic acquisitions delivering record group profit.
Amigo Holdings growth slows slightly in third quarter
Amigo Holdings on Thursday reported slower profit and revenue growth for the third quarter, though the guarantor loans lender still signed up a further 10,000 new customers.
Trump-Kim talks break down over sanctions row
Th Vietnam summit between US President Donald Trump and the North Korean leader Kim Jong-un broke down on Thursday after the latter requested that all sanctions against it be lifted, according to Trump.
Europe open: Stocks dip on bad new out of Asia
Stocks are drifting slightly lower at the start of trading as investors digest news that the second round of nuclear talks between the US and North Korea has ended without a deal, reportedly after Pyongyang called on Washington to lift all its sanctions, and a weaker reading on China's manufacturing sector.
Consumer confidence improves despite Brexit fears - GfK
Consumer confidence remained ‘stoic’ in February, despite ongoing concerns about the impact of Brexit, research published Thursday found.
OPG Power production gets a boost from improved performance at Chennai plant
Power plant operator OPG Power Ventures witnessed a 4. 5% production increase in the first nine months of its trading year, predominately driven by an improved performance from its 414-megawatt plant in Chennai.
Evraz posts best earnings in a decade
Evraz reported “robust” free cash flow of $1. 94bn in its annual results on Thursday, rising from $1. 32bn year-on-year.