John Browett's uphill task after second DSG International profit warning
April 11, 2008
If there were any investors left in the retail sector who thought that the
high street could not get any worse after such a poor Christmas period, then
the trading update yesterday from DSG International, Britain's largest
electrical goods retailer, should make them think again.
Here comes the wave of profit warnings
IT is not just Bradford & Bingley, the mortgage bank, that is going to have to issue a profit warning. Just about every quoted company that has benefited from the last property boom — from housebuilders and estate agents to financial services and developers — is seeing profits go into freefall.
Stocks fall following jump in oil, UPS profit warning; investors face concerns about economy
Wall Street extended its losses Wednesday as a rise in oil prices and a profit warning from United Parcel Service Inc. raised investors' anxiety about the well-being of the economy. 
Profit warnings 'most since 2001'
Profit warnings from UK-listed firms in the first three months of 2008 hit their highest level for a first quarter since 2001.
TomTom falls after profit warning
TomTom shares fall by 10% after the Dutch satellite navigation company issues a profit warning.
Bovis sets out new profit warning
The housebuilder Bovis Homes has issued another profit warning, as credit for borrowers remains tight.
Sony Ericsson issues second profit...
Although Sony Ericsson just churned out a rather impressive array of new handsets this month, it seems the outfit is still having trouble securing record-setting profits....
UBS Likely to Issue Profit Warning
UBS is expected to issue a profit warning amid continued deterioration in the mortgage-backed-securities market.
M&S profit warning leaves retail...
Marks & Spencer sent shockwaves through the retail sector yesterday when it unveiled a profit warning and parted company with the head of its food business.
Findel shares dive on shock profit warning
Shares in one of Britain’s biggest home shopping groups have collapsed by more than 35 per cent after a shock profit warning understood to have been triggered by its auditors.
British Airways boss Willie Walsh under new pressure after profit warning
The pressure on Willie Walsh, chief executive of British Airways, is set to intensify as he announces a further profit warning today and faces a pilots’ strike within ten days that could ground the airline.
Sharp rise in UK profit warnings
The number of profit warnings issued between April and the end of June rises 11% to the highest level since 2001.
Woolworths shares crash to seven-year...
Shares in Woolworths crashed this morning to a seven-year low after the
retailer issued a profit warning, saying that sales declined in the first
half.
Sony issues profit warning after weak...
AFP - Japan's Sony Corp. issued a profit warning Tuesday after its first-quarter net earnings slumped by almost half from a year earlier amid tough business conditions.
TomTom shares fall on profit warning...
AP - Shares in navigation device maker TomTom NV fell sharply Tuesday after the company cut financial estimates for 2008, blaming weak pricing power and retailers' stocking...
04/08/08
Business news about Acquisition
TomTom Shares Fall on Profit Warning
Shares in navigation device maker TomTom NV fell sharply Tuesday after the company cut financial estimates for 2008, blaming weak pricing power and retailers' stocking fewer of...
Siemens issues €900 million profit...
Siemens AG issued a profit warning on Monday, saying that weaker-than-expected performance in its major business projects in the current quarter was going to pull its earnings...
Bradford & Bingley to issue profit warning
BRITAIN’s biggest lender of buy-to-let mortgages, Bradford & Bingley, which is in the middle of a rights-issue roadshow, will stun the City this week with a profit warning and the departure of its embattled chief executive, Steven Crawshaw.
Boss of B&B quits with heart problem as City prepares for profit warning
Bradford & Bingley shares were set to plunge this morning after the company revealed the shock departure of its chief executive and an expected profit warning.
Shares in BlueBay Asset Management...
Shares in BlueBay Asset Management, the London-based hedge fund, tumbled by as
much as 19 per cent this morning after its management warned that its
full-year pre-tax profit...
Finnish paper makers UPM, Stora,...
Leading global paper makers UPM-Kymmene and Stora Enso issued profit warnings Wednesday, saying they have been hit by high fuel costs and wood prices.
Hong Kong stocks slide amid China...
Hong Kong's stock market dipped Monday after a volatile session, weighed on by central government moves to restrict credit and a profit warning from the country's largest...
Sony Ericsson issues profit warning...
AP - Mobile phone maker Sony Ericsson warned Friday that it will just break even in the second quarter as worsening market conditions cut into sales.
Marks & Spencer value slumps as Sir...
Sir Stuart Rose faces an unprecedented backlash at the Marks & Spencer
annual meeting next week after triggering a £1.2 billion slide in the
group’s share price with an...
Profit warnings surge amid gloom
ANALYSTS are braced for a grim week of UK economic news, which will further
unsettle the markets and underline the dilemma the Bank of England is facing.