M&C Saatchi shares sink 40 per cent after major profit warning

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M&C Saatchi shares sink 40 per cent after major profit warning

M&C Saatchi saw its share price implode today after issuing a profit warning and admitted an £11.6m accounting error. The advertising giant said
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Bruce Whitfield: SAA is rapidly running out of runway…

OPINION. SAA has waited too long to make the hard choices required for its survival, but in the wake of the recent strike, it has had those forced upon it. These could either be in the form of brutal cutbacks in the next few days, in return for guarantees and …
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As Gum Loses Favor, Additives Get a Tryout — WSJ

This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (December 4, 2019). Gum makers are mixing everything from vitamins to candy into their recipes to give …
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Fashion brand Quiz makes £6.8m loss amid high street sales slump

The fashion brand Quiz has made a £6.8m loss after sales fell across its high street store chain and concessions, forcing the retailer to warn of more store closures. Quiz, which operates 246 UK stores and concessions, reported a year-on-year sales slump of …
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M&C Saatchi to restructure UK business after ringing another profit alarm

UK-based M&C Saatchi Plc on Wednesday warned of lower annual profit for the second time in less than three months, due to higher costs and weak performance in the fourth quarter, and the ad agency said it would restructure its UK business. Adds details …
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