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Facebook shares fall sharply after slower growth in Q2, weak outlook

2018-07-26 07:32:00| Telecompaper Headlines

(Telecompaper) Facebook reported a slowdown in growth in the second quarter and said it expects the trend to continue in the rest of 2018. Revenues rose 42 percent year-on-year to USD 13.23 billion, compared to annual growth of 49 and 47 percent in the previous two quarters. The operating margin fell to 44 percent from 47 percent a year ago, while net profit was still up 31 percent to USD 5.11 billion or USD 1.07 per share. 

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Countrywide shares fall 20% on profit warning

2018-06-25 11:05:09| BBC News | Business | UK Edition

The UK's largest estate agent group, Countrywide, expects lower profits amid a "subdued" market.

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Glencore shares fall on SFO probe fears

2018-05-18 16:30:20| BBC News | Business | UK Edition

A report says the mining giant could face an investigation from the Serious Fraud Office.

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Tesla and Nvidia shares fall amid driverless car doubts

2018-03-27 23:35:16| BBC News | Business | UK Edition

Shares in Tesla and Nvidia dive amid fresh worries about the promise of self-driving car technology.

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Moss Bros shares fall amid profit warning

2018-03-21 11:11:00| Daily apparel & textile news and comment - from just-style.com

Shares in Moss Bros Group tumbled more than 18% this morning (20 March) after the men's wear retailer warned it expects profit for the year ending January 2019 to be at a level that is "materially lower than current market expectations".

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