FTSE 100 Live 16 September: Mid-cap firm rejects takeover, Phoenix results

By Yahoo! Finance | Sep 16, 2024 at 02:46 AM EST

TT Electronics faces lower revenue and profits due to operational issues in North American sites. The company expects a revenue shortfall of £15-20 million and a profit impact of £13-18 million. Additionally, TI Fluid Systems rejected a takeover bid, while global markets anticipate interest rate decisions.

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