Thursday, 4 December 2008

Michael Page warns again

(By Anthony Miller) After its downbeat early October trading statement (see More signs of the times), recruitment firm Michael Page warned today that the “loss of confidence has spread rapidly in November to virtually every industry sector and geographic market” in which they operate. Management is now guiding profits “around the bottom of current analyst forecasts”, which of course could signal a ‘miss’. May be they should have taken the Adecco offer after all.

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