profits warning

Within months, the company issues a profits warning, the first anybody can remember.

The stock hit a 52-week low of $56.80 after last month's profits warning.

In 2011, more than 40 travel agencies went bust and others issued profits warnings.

The results come just two months after the sportswear retailer issued a profits warning.

The stock dropped nearly 9% when the company issued its profits warning last month.

After the profits warning was announced, the shares had slumped by up to 100p.

Remember, they fell 16pc yesterday after a profits warning.

Tesco issued its first profits warning for many years last week.

Shares in the company fell 3.25, or 10pc, to 28.50p following the profits warning.

But the results were in line with expectations following the profits warning Merck issued on 22 June.

Why does its profits warning matter?

On a thin day for corporate news there was no hope a profits warning from the chocolatier would slip under the radar.

On 9 September 1991, the company issued a profits warning and later that week "bungled" the launch of a £432 million rights issue.

The travel industry has suffered, too, with more than 40 travel agencies going bust and others issuing profits warnings.

The company issued a profits warning and placed its store opening plans under review in February 2012; the share price quickly dropped by 18%.

Tesco's profits warning wiped £5bn off the supermarket's stock market value.

Mr Runciman said it was decided to issue a profits warning which would have come as a bombshell.

Engineering group Wheway dipped 5p to 7p after a profits warning.

The merger was not a success and in 2000 the two companies were demerged again after a series of profits warnings and trading problems.

The company that supplies replacement vehicles to car owners involved in accidents said it had uncovered "material" accounting errors and issued a profits warning.

Apple stands out Apple is rare among tech firms in not having posted a profits warning in recent months.

'I told him there would be a profits warning,' Mr Runciman said.

Invensys shares have fallen 26pc after a profits warning ths morning (see 7.44).

After a "botched" profits warning in July 2001 Simpson's deputy chief executive, John Mayo, resigned.

In 2002, the Mothercare Chief Executive was ousted after its fourth profits warning in a year.