Zumtobel’s Shares Plunge After Profit Warning
Jan 25 (Reuters) - Shares in Zumtobel slumped as much as 17 percent in morning trade after the Austrian lighting group’s announcement late on Wednesday of a steep cut to its full-year profit target. Zumtobel shares were the worst performer on Austria’s blue-chip index on Thursday morning afte...Read more..
Zumtobel Shares Rise As CEO Offers to Resign
Shares in Austrian lighting group Zumtobel rose as much as 3.5 percent on Monday after Chief Executive Ulrich Schumacher offered to leave following a slump in revenues, profit warning....Read more..