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Nikkei slips on weak economic data; Sumitomo dives after profit warning

2014-09-30 08:05:00| Grocery - Topix.net

Investors were already on the back foot before the start of trading as pro-democracy protests in Hong Kong dented risk appetite in global markets. The early spotlight fell on Sumitomo Corp, which nosedived 13 percent after it slashed its annual profit forecast by 96 percent due to losses on a U.S. shale project and sharp declines in iron ore and coal prices.

Tags: data economic profit warning

 

Balfour Beatty Notes New Profit Warning on Troubled UK Construction

2014-09-29 21:03:41| ENR.com: Headline News

But firm wins $500-million nuclear site award in joint venture; Atkins reports earlier year layoffs.

Tags: uk notes construction profit

 
 

De La Rue shares plunge on warning

2014-09-26 09:47:29| BBC News | Business | UK Edition

The company responsible for printing Bank of England banknotes sees its shares plunge 26% after it issues a profits warning.

Tags: on warning shares rue

 

Sweetener competition sees Tate & Lyle issue second profit warning

2014-09-24 23:16:12| Food - Topix.net

Shares in Tate & Lyle fell by 17% as the food ingredients firm issued its second profits warning this year, blaming fierce competition in the sweetener market and supply problems in the US caused by a harsh winter. Ahead of the publication of its half-year results in November, the British-based group said it has had to slash prices for its sucralose sweetener to counter fierce competition from the Chinese market.

Tags: issue profit warning competition

 

Pfizer will ask FDA to remove "black box" suicide warning from its anti-smoking medication

2014-09-24 20:00:48| Biotech - Topix.net

New government-approved labeling on Pfizer's drug Chantix suggests that the anti-smoking medication may not carry the risks of suicidal behaviour that first earned it the Food and Drug Administration's strongest warning more than five years ago. The FDA updated the drug's label Monday to include data from a number of recent studies that found little to no evidence of psychiatric problems or suicidal tendencies in patients taking the twice-a-day tablet.

Tags: box black remove warning

 

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