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Tesco exec sold shares before warning

Business & Finance : Business Report

Tesco's UK operations chief sold stock just over a week before a profit warning sent shares in the world's third-biggest retailer plunging, a regulatory filing shows. ||| Tesco's UK operations chief sold stock just over a week befor...

Rolls-Royce shares are plunging after the company warned on profits

Business & Finance : Business Insider: Money Game

Engineering firm Rolls-Royce said 2015 profits would be at the lower end of estimates in an update on its performance on Thursday. Shares immediately tanked, and are down almost 16% as of 8:16 a.m. UK time. The company had previousl...

Daphne Shares Plunge 13% On Profit Warning As Traditional Retailers Struggle In China

Business & Finance : China Wealth

Hong Kong-traded shares in Daphne International, the women’s footwear retailer controlled by the Chen family that ranked No. 43 on the 2013 Forbes Taiwan Rich List, plunged 12.8% on Friday after the company said second-quarter sales...

Luxury contagion hits Swatch

Business & Finance : Business Report

Swatch Group shares plunge as the watchmaker warns of a collapse in first-half profit. ||| Zurich - Swatch Group shares plunged as the watchmaker warned of a collapse in first-half profit and cut sales guidance for the year, adding ...

Alstom shares plunge on profit warning

Business & Finance : Business Report

Shares in French engineering and power group Alstom plunged by nearly 13 percent in reaction to a profits warning by the company. ||| Paris - Shares in French engineering and power group Alstom plunged by nearly 13.0 percent in init...

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