14 Feb 2007

EMI shares plunge on second warning

http://www.ft.com/cms/s/a9bdc5ea-bc26-11db-9cbc-0000779e2340,_i_nbePage=bbb5d774-d441-11da-a357-0000779e2340.html

bullsbears.pngBy Andrew Edgecliffe-Johnson [Financial Times, 14 February 2007]

EMI on Wednesday delivered its second profit warning in a month, sending shares in the music group plunging again and raising doubts about shareholders’ patience with the management team led by Eric Nicoli, chief executive.