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CME Group Cuts Workforce by Five Per Cent

2014-10-15 02:00:00| ThePigSite - Industry News

US - As part of its recently announced restructuring, CME Group said it will reduce the company's global workforce this week by roughly 5 per cent or about 150 positions.

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Germany cuts growth forecasts

2014-10-14 18:11:20| BBC News | Business | UK Edition

The German government sharply cuts its economic growth forecast for this year and next, citing "external" factors for the revision.

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Landcorp cuts 2015 earnings forecast on lower dairy prices

2014-10-11 03:43:28| Food - Topix.net

Landcorp Farming, New Zealand's largest corporate farmer, cut its forecast for 2015 earnings for a second time, citing weaker milk prices. The state-owned farmer said it expects net operating profit of $1 million to $6 million in the year ending June 30, 2015, down from a previous forecast of $8 million to $12 million, and an earlier estimate of $20.5 million in its statement of corporate intent.

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S&P cuts France's credit outlook

2014-10-10 23:36:05| BBC News | Business | UK Edition

Credit rating agency Standard and Poor's cuts France's credit outlook to 'negative', due to concerns about the country's struggling economic recovery.

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Spirit Airlines cuts Q3 outlook, shares dip

2014-10-09 21:14:14| Airlines - Topix.net

According to regulatory filings, the decreased outlook is the result of an underpayment of federal excise taxes on fuel it bought in July 2009 through August 2014, which the airline was recently made aware of. Shares of Miramar-based Spirit fell 5.3 percent to $60.17 Wednesday on the news, and fell slightly when the markets reopened.

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