Daily News, Ingenico, Ingenico sales forecast, Issuing & Acquiring, POS Terminals, Processing & Systems, Sales forecast -

Ingenico shares suffers after cutting 2016 sales forecast

Underscoring investor skittishness and low tolerance for earnings disappointments, French payments firm Ingenico Group fell nearly 13% in heavy volumes, after the cutting its full-year targets in the wake of a “sudden and significant decline” in US sales. In the trading update note, the company stated, “In recent weeks Ingenico Group has been facing a [...]

The post Ingenico shares suffers after cutting 2016 sales forecast appeared first on Payments Cards & Mobile.