Fiat shares fall more than 5 pct after 2013 guidance cut

Newswire

MILAN, Oct 30 (Reuters) - Shares in Fiat fell more than 5 percent on Wednesday, triggering a limit-down suspension, after the Italian automaker cut its 2013 targets following a drop in Latin America quarterly revenues. Fiat now expects to earn a trading profit of between 3.5-3.8 billion euros in 2013, the bottom end falling below an analyst forecast range of 3.65-3.92 billion euros. Fiat shares last traded down 5.75 percent at 5.495 euros, their lowest level ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Insights

Feb 11, 2016
Video
WardsAuto

Hyundai Plug-In Hybrid EV -- 2016 Award Acceptance

Hyundai accepts its award at the 2016 Wards 10 Best Engines ceremony, held Jan. 13 in Detroit....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×