News: Titan Europe Plc (TSW.L)

TSW.L on London Stock Exchange

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Fri, Nov 6 2009

UPDATE 1-Titan Europe says Q3 rev weak; sees soft demand in Q4

Nov 6 (Reuters) - British wheelmaker Titan Europe Plc said its third-quarter revenue remained weak due to underlying softness in its customers' end markets and extended holidays and shutdowns across Europe, and that its fourth quarter will also reflect this trend.

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Titan Europe cuts 35 percent of jobs

(Reuters) - Wheelmaker Titan Europe warned of a first-half loss, and said it expected revenue for the period to be 35 percent lower than a year ago due to further weakening in its markets during the second quarter.

UPDATE 1-Titan Europe warns of H1 loss, cuts 35 pct jobs

* Says FY trading in-line with market view (Adds details)

Titan Europe 2008 trading profit falls 2.2 pct

(Reuters) -Wheelmaker Titan Europe reported a 2.2 percent fall in 2008 trading profit due to margin reductions and the economic downturn, and it reiterated that it had reduced its 2009 forecast sales volume to 30 percent below that of 2008.

UPDATE 1-Titan Europe 2008 trading profit falls 2.2 pct

* 2008 profit hurt by margin reductions, downturn (Adds details)

UPDATE 1-Titan Europe scraps final div, sees lower sales volume

* 2008 adj pretax profit to be in line with market view

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Titan Europe names Gary Chesterton FD

(Reuters) - Wheelmaker Titan Europe said on Tuesday it appointed Gary Chesterton as finance director replacing Maria La Manna, who will now focus on her role as managing director of the group's Undercarriage division.

UPDATE 1-Titan Europe gets $375 million takeover approach

LONDON, April 14 (Reuters) - British wheelmaker Titan Europe received a more-than-100-percent premium all-share takeover offer, at 230 pence ($4.54) per share, on Monday from U.S.-based former parent Titan International .

Titan Europe gets takeover approach

LONDON (Reuters) - Britain's Titan Europe has received a 230 pence per share, all-share takeover offer from U.S.-based former parent organisation Titan International , it said on Monday.

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