Carrefour Cuts Full-Year Earnings Forecast as France Riots Hit Business
Carrefour shares were indicated to open 7% to 10% lower after the French retailer cut its full-year earnings forecast, citing the impact of riots and looting in France.
Carrefour shares were indicated to open sharply lower on Wednesday after the French retailer reduced its full-year earnings forecast, citing the impact of riots and looting in France. Traders said the shares were set to open down between 7% and 10%. The stock was down around 7% on Tradegat…