Melrose cleared in Garden Grove probe; expects production restart by late September
Melrose Industries shares jumped after it announced plans to restore full production at its GKN Aerospace Garden Grove facility by September 28 and to launch a $100 million claims program for evacuees and affected residents. The company also disclosed that a related criminal probe has ended with no charges, supporting optimism for a late-September restart and ongoing civil resolutions, which lifted its stock alongside broader market gains.
Finance · 9 sources · Aug 25, 2026Read itThe journal
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About FTSE 100 Index
The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE or, informally, the "Footsie", is the United Kingdom's best-known stock market index and represents the 100 most highly capitalised blue chips listed on the London Stock Exchange.
Everything about FTSE 100 Index →- Country
- United Kingdom
- Inception
- January 3, 1984
- Website
- https://www.lseg.com/en/ftse-russell/indices/uk