TomTom Cuts Outlook After Weak Q1
AMSTERDAM (Reuters) - Shares in TomTom fell to a 32-month
low on Tuesday as the Dutch personal navigation device (PND)
maker reduced its 2008 revenue outlook due to price cuts and
retailers cutting back on stock.
Insurances & Business
News Economy Business Investment Banks Credits
Leave a Reply »»
Similar/Related/News:
- Lithia Withdraws Outlook, Cites Weak Car Sales DETROIT (Reuters) - U.S. auto dealer Lithia Motors Inc <LAD.N> said on Tuesday it would withdraw its earnings outlook, citing weak June vehi...
- Sirf shares plunge as competition leads to weak 2Q outlook (AP) Shares in navigation chip maker Sirf Technology Inc. plunged Friday on its weak second-quarter outlook. RBC Capital Markets analyst Mahesh Sanganeria ...
- Carter’s Shares Plunge After Weak Outlook BANGALORE (Reuters) - Children's clothing retailer Carter's Inc <CRI.N> cut its 2008 earnings outlook as it sees continued weakness in its O...
- U.S. logs better - but still weak - growth The economy logged slightly better - but weak - growth in the first quarter, spurred by improved sales of U.S. products overseas. While that's hearten...
- McDermott shares fall after weak 1st-quarter outlook (AP) Shares of McDermott International Inc. fell sharply on Tuesday after the Houston-based energy services company predicted first-quarter profit below an...
- Rite Aid Posts Q4 Loss on Charge; Outlook Disappoints BANGALORE (Reuters) - Rite Aid Corp <RAD.N>, the third-largest U.S. drugstore chain, posted a fourth-quarter loss due to a big tax charge an...
- Citigroup cuts value of investments by $14B in 1Q (AP) Citigroup's 9,000 job cuts and $14 billion in write-downs suggest that even if the worst of the credit market volatility is over, the industry is now ...
- Putin quickens tax cuts to revive oil flow Russia's government takes its first steps towards $4bn of tax cuts to boost investment in its oil industry, amid warnings output could fall for the fi...