Rentokil shares tumble on warning
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Shares in Rentokil tumble as it warns that fourth-quarter profits could be Â£10m less than expected.
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Rentokil Initial Plc, the British owner of businesses ranging from pest control to parcel delivery, tomorrow may report an 8 percent drop in first-half profit as heightening competition for contracts put pressure on prices.
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Marks & Spencer PLC shares plunged on Wednesday after the food and fashion company reported a drop in Christmas sales, confirming fears of weakened consumer spending in Britain.
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Shares in AstraZeneca Plc fell as much  as 10 percent on Friday after regulators in the United States  and Europe raised safety concerns about the Anglo-Swedish drug  maker's anti-cholesterol treatment Crestor.
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Mortgage lender's shares plummet more than 20% after Bank of England intervention.
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Northern Rock shares plunge after it seeks emergency help from the Bank of England.
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Tempur-Pedic leaves investors crying like babies after its latest quarter.
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Shares in European travel-related firms and reinsurers fall as investors worry about the impact of Asia's earthquake disaster.
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Stocks plunged yesterday as investors, nervous about earnings reports, cringed at troubling forecasts from two retailers, Home Depot and Sears, and at soaring oil prices.
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SHARES in Sportingbet plunged today as City traders had their first chance to express their alarm at the state of the international online gambling market.   The shares returned to trading after last Thursday's suspension following the arrest in New York of chairman Peter Dicks.
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Hygiene-to-security group Rentokil Initial has warned of further tough trading next year and announced plans to sell part of its hygiene division.
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UK blue-chips fell heavily Thursday, with Rentokil slumping 22 percent after warning fourth-quarter profits for its City Link parcel service business are likely to be below expectations, and with Wall Street down in early trade.
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Rentokil Initial Plc, the world&#39;s largest pest controller, said profit fell 12 percent in the first 10 months and will weaken further in 2005.
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Shares down after company shutters home lending operation.
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Leading shares closed sharply lower, as a profit warning from Tomkins, an arrest of another gaming executive in the US and continued weakness on Wall Street undermined sentiment, and offset relief the Bank of England left rates unchanged, dealers said.
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Sobering expectations â foreshadowed on Sunday when management announced the lower prices â weighed on the companyâs already drooping stock.
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Investors are expected to dump technology shares today in the wake of a financial update last night from bellwether Intel Corp. that one analyst called &quot;a disaster.