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Profit Warnings

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  • Oct 2- Electrocomponents Plc, a British distributor of electronic products for engineers, said it expects to report a smaller first-half operating profit, hurt by fewer trading days and adverse currency movements. Electrocomponents' shares fell as much as much as 5 percent to 208 pence on Thursday morning, taking the stock to its lowest in more than two years.

  • LONDON, Oct 1- Britain's J Sainsbury cut its full-year sales forecast and said it would assess its dividend policy as part of a strategic review after second-quarter sales fell sharply, adding to the turmoil in the grocery market.

  • LONDON, Oct 1- Britain's J Sainsbury cut its full-year sales forecast on Wednesday after trading fell sharply in the second quarter, dragged down by intense competition in a UK grocery market growing at its slowest pace for more than 20 years.

  • LONDON, Oct 1- Britain's J Sainsbury cut its full-year sales forecast on Wednesday after trading fell sharply in the second quarter, dragged down by competition in a UK grocery market growing at its slowest pace for more than 20 years.

  • TOKYO, Sept 30- Japanese stocks fell to a one-week low on Tuesday as a one-two punch of weak economic data and a profit warning from Sumitomo Corp knocked out sentiment- but for the month the Nikkei posted its biggest gain since last November.

  • *Economic data, Hong Kong unrest weigh. TOKYO, Sept 30- Japanese stocks fell on Tuesday morning as a one-two punch of weak economic data and a profit warning from Sumitomo Corp depressed sentiment. 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.

  • DEARBORN, Sept 29- Ford Motor Co has lowered its expectation for pretax profit this year to $6 billion, from its previous forecast of $7 billion to $8 billion, the automaker's chief financial officer told investors on Monday.

  • BERLIN, Sept 26- German truckmaker MAN SE has cut the profit forecast for its main division, citing falling truck demand in core European markets and the effects of the Russia- Ukraine crisis. "The problem for MAN is they're overly focused on Europe," said Hanover- based NordLB analyst Frank Schwope, noting falling demand for heavy-duty commercial vehicles.

  • MAN SE cuts profit forecast for core trucks business Friday, 26 Sep 2014 | 5:56 AM ET

    *MAN blames falling European demand, Ukraine crisis. BERLIN, Sept 26- German truckmaker MAN SE has cut the profit forecast for its main division, citing falling truck demand in core European markets and the effects of the Russia- Ukraine crisis.

  • GENEVA, Sept 23- Global goods trade will grow less than hoped this year and next, and factors including regional conflicts and the Ebola outbreak are putting a quick return to stronger growth at risk, the World Trade Organization said on Tuesday.

  • GENEVA, Sept 23- World trade in goods will grow by 3.1 percent this year, much less than the 4.6 percent forecast in April this year, the World Trade Organization said on Tuesday.

  • GENEVA, Sept 23- Global goods trade will grow less than hoped this year and next, and factors including regional conflicts and the Ebola outbreak are putting a quick return to stronger growth at risk, the World Trade Organization said on Tuesday.

  • WTO cuts world trade growth forecasts for 2014 and 2015 Tuesday, 23 Sep 2014 | 10:33 AM ET

    GENEVA, Sept 23- World trade in goods will grow by 3.1 percent this year, much less than the 4.6 percent forecast in April this year, the World Trade Organization said on Tuesday.

  • Tesco: 'Free rein to bring in a new strategy'?     Tuesday, 23 Sep 2014 | 4:19 AM ET

    The investigation into Tesco's accounting errors points so "some failure of corporate governance", CNBC's Catherine Boyle reports.

  • Tesco in 'really tricky situation': Pro     Monday, 22 Sep 2014 | 11:00 AM ET

    Bruno Monteyne, senior analyst at Bernstein, says Tesco's accounting error was not a big surprise and that the group is in a "really tricky situation".

  • Sept 18- Rite Aid Corp cut its full-year profit forecast for the second time in about three months due to lower margins in its pharmacy business, sending its shares down more than 16 percent.

  • Sept 18- Rite Aid Corp, the third-largest U.S. drugstore chain, cut its full-year profit forecast for the second time, citing lower margins in its pharmacy business, sending its shares down 11 percent in premarket trading.

  • NEW YORK, Sept 18- Shares of Rite Aid Corp were falling early Thursday, in the highest volume so far on the New York Stock Exchange, after it cut its full-year profit forecast for a second time this year and lowered the top end of its sales forecast.

  • Rite Aid cuts full-year profit forecast for second time Thursday, 18 Sep 2014 | 7:27 AM ET

    Sept 18- Rite Aid Corp, the third largest U.S. drugstore chain, cut its full-year profit forecast for the second time this year as lower margins from its pharmacy business continue to eat into earnings. Rite Aid shares fell nearly 9 percent in premarket trading on Thursday after the company also shaved the top end of its sales forecast.

  • UPDATE 2-ASOS to cut prices after third profit warning Tuesday, 16 Sep 2014 | 6:57 AM ET

    LONDON, Sept 16- British online fashion retailer ASOS warned on profit for the third time in seven months, saying its needs to cut prices in international markets to reverse a sharp slowdown in sales growth.