Fiat says profit warning rumours "baseless"

Newswire

MILAN, Sept 24 (Reuters) - Fiat described on Wednesday as baseless market rumours of a profit warning from the Italian industrial group and confirmed its targets for the year. "The rumours relative to a possible 'profit warning' are baseless," spokesman Simone Migliarino said in a statement in Italian. "Just as Chief Executive Sergio Marchionne recently said, the Fiat Group confirms and reiterates all its economic and financial objectives set ... for 2008," it said. (Reporting by Gilles ...

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