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Santander Central Hispano said Monday it has raised its recommendation on Mexican glass maker Vitro SA (VTO) to 'Hold' from 'Underperform.'The upgrade was based on the stock's new valuation following news that Vitro will…

Shareholders of Mexican glass giant Vitro approved on Thursday the payment of a dividend of 0.25 peso per share.

Mexican glass maker Vitro SA said early on Tuesday that it will propose a 0.25 pesos-per-share dividend to investors at its annual shareholders meeting in March.

Vitro, the Mexican conglom-erate, sold its 51 per cent stake in Vitromatic, the white goods company, to Whirlpool of the US yesterday, in a deal valued at about Dollars 280m.

The acquisition of America’s Applied Power Corporation provides Schott with a ticket to a market with good long-term growth potential.The goals are ambitious.

BP is set to supply solar technology to eight of the 23 recently announced Department of Trade and Industry’s solar house roof projects.

Mexican glassmaker Vitro said that its third quarter operating profit fell sharply, hit by the strong peso currency and an economic slowdown at home and in the United states.

The first phase of the project will center on 35 Agrarian Reform Communities (ARCs) in the Mindanao region of the Philippines.