JLT falls on profits warning
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Shares in Jardine Lloyd Thomas, the UK&#39;s largest insurance broker, have plunged 20 per cent after the company issued a profit warning for the year and chief executive Steve McGill quit.
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Lucent Technologies Inc.'s profit fell by half in its fiscal first quarter as expenses for the telecommunications gear maker rose and operating income for its network equipment division plunged. Its shares fell more than 7 percent in midday trading.
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UK stocks including J Sainsbury Plc, Britain&#39;s third-largest supermarket chain, fell. The company said first-half earnings fell by as much as 66 percent as it lost market share.
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French-US telecom equipment maker Alcatel-Lucent issued its second profit-warning of the year Thursday, sparking a sharp fall in the group&#39;s share price despite management assurances the merger of the two groups would prove fruitful.
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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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A profit warning from consumer products giant Unilever and concern that oil prices, now topping $46 a barrel, will hurt company earnings kept European shares in negative ground Monday.
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Wall Street profits from U.S.   operations may fall 23 percent next year as the economy slows,   corporate earnings growth moderates and fees decline, a new   study shows.
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JDS Uniphase Inc. JDSU.O, a maker  of equipment to build fiber optic networks, on Wednesday posted  a wider operating loss and warned that its loss in the current  quarter will exceed expectations, pushing shares down 8  percent.
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US aluminium giant Alcoa warns its third quarter profits will fall below expectations, blaming restructuring costs, a fire and a strike.
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Korean LCD maker suffers massive decline in earnings.
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U.S. stocks fell on Wednesday after a  profit warning from Coca-Cola Co. KO.N stoked fears about  corporate profits and a downgrade of the technology sector by  investment bank Goldman Sachs weighed on markets.
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Profits fall 25% at plumbing giant Wolseley as it warns that the outlook could get worse for its US business.
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MANCHESTER United yesterday reported lower annual profits of Â£27.9m as it warned future results would be affected by a drop in media revenues.
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Burlington Northern Santa Fe BNI.N,  the No. 2 U.S. rail group, on Tuesday reported a sharp drop in  net profit after taking a charge related to a change in the way  it estimates asbestos and environmental liabilities, but posted  record quarterly revenue.
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Toyota Motor Corp., the world&#39;s second- largest carmaker, had an unexpected drop in quarterly profit as investment earnings at its truck making unit fell and a stronger yen cut the value of overseas sales.
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LONDON (CBS.MW) -- British insurer Jardine Lloyd Thompson (UK:JLT) saw its shares fall almost 16 percent after it warned it expects fiscal year pretax profit to fall below market estimates and its chief executive quit.
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Shares of QLT Inc. (QLT.TO: Quote, Profile, Research) (QLTI.O: Quote, Profile, Research) dropped 8 percent on Friday as investors waited for the outcome of a review of a rival drug