Havas falls 7 pct after Reuters CEO interview

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.

Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Europe / Middle East / Africa
Countries: France
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