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Reuters first to reveal the magnitude of Carrefour`s profit warning06.17.2011
Reuters was first with news on June 17 detailing the size of the profit fall expected by Europe`s largest retailer Carrefour for its core French market in the first-half of the year. The news was the main driver for a 6 percent fall in Carrefour shares to a 27-month low on the day. Reuters left Dow Jones trailing while Bloomberg was unseen. In a press release issued after the market close on June 16 Carrefour said its first half results in France were below its expectations but did not provide any details.The figure disclosed by Reuters was picked up in analyst notes, including Commerzbank. |
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