rose sharply in Yorkshire and the North East in Q1 2013, compared to a 16% fall in the whole of the UK.
were recorded across six sectors in the North-east and Yorkshire including chemicals, food producers and support services.
UK quoted companies issued 68 profit warnings
in Q3 2012, a third more than the same quarter in 2011, and
The profit warning
yesterday surprised shareholders who were told just a month ago that sales for the first quarter of the year were in line with expectations - up 1.
group, which is greater than previous profit warning
Research by accountancy firm Ernst & Young reveals that, in the three months to the end of September, there were 10 profit warnings
issued by firms in the region.
Harley started his series of face-to-face meetings with powerful fund managers such as M&G and Fidelity to try to justify why it had taken him so long to come clean about the bank's profit warning
Standard & Poor's will meet with group management in the near future to fully understand the ramifications of the profit warning
and its implications for the ratings on WV.
The profit warning
also hit the FTSE 100, knocking 15 points off the City index of Britain's biggest listed companies.
The rating action on Dresdner was in response to a profit warning
from Dresdner's parent, Allianz AG, and its announcement of further significant restructuring measures at Dresdner, due to the negative effect of continuing weak capital markets and a difficult economic environment on the Allianz group's investment performance and that on its banking subsidiary.
CABLE & Wireless took another beating yesterday on fears that next month it is poised to unveil its third profit warning
in a year.
On Monday, a bombshell of a profit warning
from Big Blue, International Business Machines, set the tone for a nasty opening," stated Peter Antipatis in TheSUBWAY.