Monsoon's weak 1st half sends shares falling 16%

Article Abstract:

Monsoon PLC saw its share value fall by 16% following the company's announcement that it posted a decline in sales and profits for the first-quarter of 1999. The 16% fall is a continuation of a decline in Monsoon's share value. The company's sales and profits fell because of an unattractive range of products and deteriorating consumer confidence. Monsoon posted a pretax profit loss to 11.82 million pound sterling for the six-month period ending in November 1998. During the same period in 1997, the company posted 14.97 million in profits.

Comment:

Share value falls 16% due to decline in sales and profits for the first-quarter of 1999

United Kingdom, Women's accessory & specialty stores, Women's Specialty Stores, Clothing Accessories Stores, Abstract, Clothing stores, Monsoon PLC

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Allied Waste's shares decline 9.8%

Article Abstract:

Allied Waste Industries Inc. saw its share value decline by 9.8% following its posting of disappointing earnings for the 1999 third-quarter. The company posted $1.09 billion (1.05 billion euros) in revenues for the period.

United States, Refuse Systems, Waste Collection, Refuse disposal industry, Waste management industry, Allied Waste Industries Inc., AWIN

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