Profits Warnings

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SocGen woes hit Europe's shares

Irish Independent 18 Jan 2019

A profit warning from Societe Generale and new frictions over Chinese tech giant Huawei weighed on European shares on Thursday, as investors turned their focus to the start of the earnings season ... A profit warning from Societe Generale and new frictions over Chinese tech giant ......

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SocGen blames rocky markets for its profit warning

Yahoo Daily News 17 Jan 2019

PARIS (Reuters) - French bank Societe Generale warned that volatile markets would hurt its fourth quarter profit, hitting its shares and other banks which have yet to report earnings ... Analysts said that while difficulties in bond trading could have been expected, given similar warnings this week from top U.S....

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Profit warning from Société Générale weighs on European shares

The Irish Times 17 Jan 2019

A profit warning from Société Générale and US frictions over Chinese tech giant Huawei weighed on European shares, although the worries gradually faded and a rising Wall Street helped indexes pare losses or close a shade higher ... Austrian steelmaker Voestalpine was another heavy faller, sliding 4.7 per cent after another profit warning....

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UPDATE 3-SocGen blames rocky markets for its profit warning

Reuters 17 Jan 2019

* SocGen shares fall, knocks down shares of rivals (Adds analysts' comments and more detail) ... ....

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Profit warning: Verkkokauppa.com Oyj's comparable EBITDA will be lower than expected for the year 2018

Public Technologies 17 Jan 2019

Verkkokauppa.com Oyj COMPANY RELEASE January 17, 2019 at 17.05. Based on initial unaudited information, Verkkokauppa.com Oyj's comparable EBITDA for 2018 was 10.2 million euros ... 13 million euros). The increased price competition decreased the gross profit for 2018 ... In 2018, Verkkokauppa.com's unaudited revenue grew to 477 million euros (2017 ... CEO ... Tel....

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Primark hails profit cheer amid resilient UK performance

Irish Independent 17 Jan 2019

0 Comments Primark hails profit cheer amid resilient UK performance ... Primark owner Associated British Foods has said profits at the budget fashion chain are “well ahead”, despite a fall in like-for-like sales over its festive quarter. https.//www.independent.ie/world-news/primark-hails-profit-cheer-amid-resilient-uk-performance-37721119.html....

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Debenhams rating cut raises fears of creditors going unpaid

The Guardian 17 Jan 2019

The department store chain, which last week said it had net debt of £286m, is battling to reach a new deal with its banks this month after a difficult Christmas capped off a lacklustre 2018 during which it issued three profit warnings....

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The Carillion board could have managed the company's financial crisis better

Pressat 17 Jan 2019

In my opinion, the board got most of the big calls wrong in the three months after the first profits warning in July 2017 ... In the wake of the first profits warning in July 2017, Carillion’s board didn’t meet for a four-week period, while the executive management focused on transformation for the first two months....

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Premier Inn owner Whitbread warns of flat profits ahead

London Evening Standard 17 Jan 2019

Investors were left disappointed on Thursday as hotels giant Premier Inn's owner Whitbread warned profits will be flat next year amid market "uncertainty" ... ....

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SocGen warning, Huawei frictions drag European shares

Reuters 17 Jan 2019

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VA warns California in for-profit college dispute

Politico 17 Jan 2019

VA warns California in for-profit college dispute. ....

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Japan calls for fight against protectionism as trade war fears bubble - business live

The Guardian 17 Jan 2019

Nidec, a Japanese precision motor maker, slashed its profit forecast by a quarter and warned that the trade war is deterring clients from pending ... “Dissatisfaction with economic inequality is growing....

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Primark’s star still shines for AB Foods

Scotsman 17 Jan 2019

Profits at Primark are on the rise, despite mixed trading numbers, as the budget clothing chain’s owner Associated British Foods delivered a "sweet and sour” trading update ... The group added that despite the overall modest decline in global like-for-like sales, profits ......