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Tag: plunge
Canam shares plunge after it missed expectations with slight Q3 earnings increase
2014-10-30 04:36:30| Steel - Topix.net
Structural steel fabricator Canam Group insists it didn't have a bad third quarter even though missed expectations on earnings sent its share price plunging on Wednesday. "Trust me, we've seen bad quarters and this isn't one of them," CEO Marc Dutil told analysts during a conference call.
Tags: increase
shares
missed
expectations
Sanofi shares plunge after diabetes drug warning
2014-10-28 13:48:29| Biotech - Topix.net
French drug maker Sanofi saw its stock price plunge Tuesday after it reported a slide in quarterly earnings and warned of pricing pressure on its blockbuster diabetes treatment in the U.S. Net profit slipped 2.4 percent in the third quarter as the maker of the Lantus diabetes treatment booked a higher charge for restructuring at its French operations. The drugmaker reported net profit of 1.9 billion euros in the third quarter, down from 1.22 billion euros a year earlier.
Tags: drug
warning
shares
diabetes
Alibaba, You're Next: Unilever's China Sales Plunge 20%
2014-10-27 02:15:00| Food - Topix.net
I lived and worked in Shanghai and Hong Kong for almost two decades and now write primarily on China, Asia, and nuclear proliferation. I am the author of two Random House books, The Coming Collapse of China and Nuclear Showdown: North Korea Takes On the World.
Tags: sales
china
alibaba
plunge
Tesco's H1 profit plunge: What the analysts say
2014-10-23 13:41:00| Daily apparel & textile news and comment - from just-style.com
In an unsurprising announcement this morning (23 October), troubled UK retail behemoth Tesco posted a 92% decline in first-half profits, weighed down by its higher-than-expected accounting error. While many analysts believe Tesco can now draw a line under its darkest days, views are mixed on how fast a turnaround, if any, is likely for the business.
Tags: say
profit
analysts
plunge
Tesco chairman resigns as H1 profits plunge 92%
2014-10-23 13:05:00| Daily apparel & textile news and comment - from just-style.com
Tesco chairman Sir Richard Broadbent has stepped down in light of the accounting error that has resulted in a 92% decline in first-half profit for the troubled UK retail giant.
Tags: chairman
profits
tesco
plunge
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