PRESS DIGEST- Financial Times - May 29
May 29 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
April 19 Kaiser Aluminum Corp:
* Kaiser aluminum corporation reports first quarter 2017 financial results
* Q1 adjusted earnings per share $1.52 excluding items
* Q1 sales $355 million versus I/B/E/S view $348.4 million
* Q1 earnings per share view $1.12 -- Thomson Reuters I/B/E/S
* Q1 earnings per share $2.04
* Kaiser aluminum corp - in quarter, share repurchases of $33 million; $100 million increase in repurchase authorization
* Kaiser Aluminum Corp qtrly value added revenue down 3% on higher shipments
* Kaiser Aluminum Corp qtrly shipments 164 million lbs versus 159 million lbs last year
* Kaiser Aluminum Corp - "our outlook for first half 2017 remains consistent with our comments on february earnings release"
* Kaiser Aluminum Corp- "construction activity will have a significant impact on our q2 results"
* Kaiser Aluminum Corp - "internal headwinds related to trentwood project will be a temporary but significant drag on q2 results"
* Kaiser Aluminum Corp - "market-driven headwinds are expected to be similar to q1." for 2017
* Kaiser Aluminum Corp - we anticipate approximately $5 million to $7 million higher major maintenance expense in q2 compared to q1 2017
* Kaiser Aluminum Corp -overall, continue to expect 2017 to be a challenging year due to temporary headwinds
* Kaiser Aluminum - consider decline in 2017 demand to be temporary moderation in "steady, long-term" demand growth trajectory for aerospace applications Source text for Eikon: Further company coverage:
May 29 London's Heathrow Airport said early on Monday that there were still some disruptions to British Airways flights from the airport following a global computer system failure at the airline.
May 29 Gold held near its highest in four weeks on Monday after rising almost 1 percent in the previous session, buoyed as geopolitical tensions boosted its safe-haven appeal. FUNDAMENTALS * Spot gold was flat at $1,266.40 per ounce at 0044 GMT. On Friday, it climbed 0.9 percent to touch its strongest since May 1 at $1,269.50. * U.S. gold futures slipped 0.1 percent to $1,266.4 an ounce. * North Korea fired what appeared to be a shor