Shares of advertising agency Havas fell 7 percent after CEO Fernando Rodes disclosed in a Nov. 14 Reuters interview Havas was cutting its 2008 sales outlook due to the economic slowdown. The interview was cited in a morning research note of UBS and picked up by several newspapers including the online editions of Le Monde and Les Echos.
Havas falls 7 pct after Reuters CEO interview
14 November 2008, 12:00 am 1 minute
Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Europe / Middle East / Africa
Countries: France
