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Tag: shares plunge
Movado shares plunge on forecast, slowing sales
2014-11-14 18:56:34| Jewelry - Topix.net
Shares of watchmaker Movado Group Inc. plunged more than 30 percent Friday after the company said slowing sales of its watches prompted it to warn that its third- and fourth-quarter results are likely to come in below Wall Street expectations. Movado also slashed its outlook for the full year.
Tags: sales
shares
forecast
slowing
Markets Live: Woolies shares plunge
2014-11-03 13:01:46| Grocery - Topix.net
Shares struggle early as miners slide on weak Chinese data and Woolworths' update disappoints, while banks climb after Westpac posts the latest boom result. More on acquisition-hungry Amcom , with chief executive Clive Stein says merger talks with Vocus Communications to create a $1.1 billion telco could culminate within a week .
Tags: live
markets
shares
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
HCL Tech shares plunge nearly 9% post earnings announcement
2014-10-17 12:48:46| IT Services - Topix.net
Shares of software services provider HCL Technologies plunged nearly 9 per cent today after the company reported 32.3 per cent rise in consolidated net profit for the first quarter ended September 30, which is below market expectations. HCL Technologies today reported 32.3 per cent rise in consolidated net profit at Rs 1,873 crore for the first quarter ended September 30 on the back of strong growth in Europe and business services.
Tags: post
tech
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