Alcoa shares plunge on profit warning
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NEW YORK - Alcoa (AA) shares plunged more than 5% in early Friday trading after the world&#39;s largest aluminum producer warned that third-quarter results would fall far short of Wall Street expectations, hurt by plant shutdowns, restructuring costs and
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Northern Rock shares slump 9.5% after it warns that earnings would not be as strong as analysts predict.
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Shares in Rentokil Initial slumped today as the services company warned that profits had fallen and would suffer next year as it it continues to be hit by increased competition and shrinking margins.
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Aluminum producer Alcoa Inc. said Thursday that third-quarter profit rose 1.1 percent in the third quarter compared with a year ago, but fell significantly compared with the previous three months.
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Shares in Harry Potter publisher Bloomsbury plunge 30% after the firm issues a profit warning.
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NEW YORK - Investors concerned about third quarter earnings looked past a surprise drop in wholesale prices, keeping stocks mixed Friday. Blue chips dropped on profit warnings from Dow component Alcoa Inc...
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U.S. stocks fell on Tuesday as  earnings season began on a weak note with a sales warning from  chip maker Advanced Micro Devices Inc. AMD.N hurting the chip  sector and lower-than-expected earnings from aluminum producer  Alcoa Inc. AA.N.
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Jardine Lloyd Thompson shares plunged 20pc yesterday after it issued a profits warning just months after playing down an analyst&#39;s prediction of serious problems at the insurance broker.
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A sharp decline in oil prices and a surprise drop in wholesale prices pushed stocks higher in late trading Friday, easing investors&#39; concerns about third quarter earnings after profit warnings from Dow component Alcoa Inc.
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Alcoa Inc.AA.N, the world's biggest  aluminum producer, said on Monday its fourth-quarter net profit  slipped because of higher energy costs, a weaker dollar and a  charge it took for selling some of its businesses.
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Anglo-Dutch steelmaker Corus has said that group net profits plunged more than 62 percent during the first-half of the year owing to higher raw material and energy costs, as well as lower selling prices.
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NEW YORK - A sharp decline in oil prices and a surprise drop in wholesale prices pushed stocks higher in late trading Friday, easing investors' concerns about third quarter earnings after profit warnings from Dow component Alcoa Inc. and Visteon Corp...
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U.S. blue chips fell on Wednesday as a  steep decline in commodity prices and lower crude oil dented  shares of Alcoa Inc. AA.N and Exxon Mobil Corp.XOM.N,  outweighing strong earnings from McDonald's Corp. MCD.N.
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Business & money: Share price plunges after disappointing profits raising fears over America's economic slowdown
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U.S. stocks opened lower on Friday,  weighed down by profit warnings from companies such as Alcoa  Inc. AA.N, the world's No. 1 aluminum maker, which raised  concerns about U.S. corporate earnings strength.
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Though its quarter was weaker than reported, Alcoa merits Foolish attention.
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Shares in UK music group EMI plunge 12% after it gives its second profit warning in just over a month.