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Profit Warnings

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  • 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.

  • LONDON/ BUDAPEST, Sept 3- Banks in central and eastern Europe risk missing out on beneficial foreign investment if they fail to step up efforts to provide clearer information about their financial health. Austria's Erste had a profit-warning in July because of troubles in Hungary and Romania.