Morgan Crucible

Article Abstract:

Morgan Crucible is an engineering firm which should benefit from improvements in the semiconductor and steel industries' prospects. The company issued a warning on its results for 1998 in Jan 1999 and the stock price dropped, though it has since recovered. The company has also restructured, and the benefits that this will bring are not reflected in its stock price. Labor costs have been a problem, but lean manufacturing costs are being brought into the ceramics business, allowing costs to be cut.

Pottery, Ceramics, and Plumbing Fixture Manufacturing, Ceramic Materials, Pottery and Related Products, Ceramics

---

High-Point: a struggle to survive

Article Abstract:

High-Point is a UK consulting engineer which has borrowings of over 11 million pounds sterling. The company may need to sell assets or raise cash in order to restructure its balance sheet. High-Point reported a rise in operating profit of 18% for the half year to Nov 1995, though interest charges accounted for some two thirds of this. The company is seeking to expand abroad where profits are higher and is rationalizing its UK business.

High Point Inc.

---

Morgan Crucible

Article Abstract:

Morgan Crucible is completing a restructuring program and the company's stocks are benefiting from this.

Similar abstracts:

• Abstracts: Metrocard vending machine. Williams-Sonoma web site. Play: Doors of Perception
• Abstracts: Surfing the Internet. Misys bug-fix gets act together. Recognition Systems
• Abstracts: Eating up performance. A sting in the tail
• Abstracts: Trends, traumas and turning points. Budget day will help the trend. When sell means buy
• Abstracts: John Maunders. Countryside properties. Galliford Try

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.