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TP ICAP – from an environment “increasingly constructive” & synergies “firmly on track” to profit warning & synergies “reappraised”… in 2 months!

2018-07-10 10:33:26

Shares in TP ICAP (TCAP) are currently slumping on the back of a Trading update and directorate changes announcement. This though commences “revenues for the six months to 30 June were 3% higher than the prior year at constant exchange rates and 2% lower as reported. This is consistent with 2018 full year revenue guidance provided in March”. So, what’s the problem?...

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