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INGENICO SHARES SUFFERS AFTER CUTTING 2016 SALES FORECAST

INGENICO SHARES SUFFERS AFTER CUTTING 2016 SALES FORECAST

UNDERSCORING INVESTOR SKITTISHNESS and low tolerance for earnings disappointments, shares in French payments rm Ingenico Group fell nearly 13 percent after the cutting its full-year targets in the wake of a “sudden and signi cant decline” in US sales. In the trading update note, the company stated, “In recent weeks Ingenico Group has been facing [...]

The post INGENICO SHARES SUFFERS AFTER CUTTING 2016 SALES FORECAST appeared first on Payments Cards & Mobile.

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