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Activist investors call for shake-up at Rentokil after share price tumble
Nelson Peltz’s activist hedge fund Trian Partners is among the shareholders reportedly calling for a shake-up at pest control firm Rentokil after a severe drop in its share price. Trian Partners, which has built a fearsome reputation for waging activist campaigns on global boardrooms,
Rentokil shares plunge as cockroach killer warns of $105 million hit to U.S. arm
The British exterminator said slower sales in North America and negative currency impacts would see its full-year profits drop compared to last year, to sums of around £700 million
Rentokil Shares Plunge After Profit Warning
Rentokil Initial cut its forecast for adjusted profits for the year, warning that it expected a slower rate of organic revenue growth at its North American business.
Rentokil Stock Tumbles on Profit Warning
Key Takeaways Rentokil Initial shares tumbled Wednesday after the pest-control company warned it would take a $104.5 million profit hit this year.The pest-control company blamed weakness in its North American business and currency fluctuations.
Rentokil's shares tumble after second profit warning, £80m hit expected
The British-based pest control giant has slashed its profit forecast for the year after expanding its US workforce to meet peak season demand, which fell short of expectations
Rentokil shares dive after pest control giant warns on profits
Rentokil shares dive after pest control giant warns on profits - The Crawley-based company also suggested that it would reduce staffing levels after overspending.
Rentokil shares fall after third profit warning on North America
(Reuters) -Rentokil Initial warned of lower annual profit on Wednesday after weaker than expected sales in its largest market North America, sending shares of the British pest control company as much as 20% lower.
2d
Rentokil Initial rises Tuesday, outperforms market
Rentokil Initial PLC RTO shares advanced 1.52% to £3.82 Tuesday, on what proved to be an all-around favorable trading session ...
Yahoo Finance
1d
Rentokil Initial plc (RTO)
(Bloomberg) --
Rentokil
Initial Plc shares plunged in London, erasing more than 2 billion pounds ($2.6 billion) in market value, after the pest-control company lowered growth expectations for its ...
8d
Rentokil Shares Crash 19% As Guidance Slashed, Leads FTSE 100 Lower
Creature control business warns of £80 million profit hit due to expansion issues in North America and unfavourable currency ...
3d
Rentokil Initial falls Monday, underperforms market
Shares of Rentokil Initial PLC RTO inched down 0.58% to £3.76 Monday, on what proved to be an all-around great trading ...
2d
RBC Capital Reaffirms Their Buy Rating on Rentokil Initial (RTO)
In a report released today, Andrew Brooke from RBC Capital maintained a Buy rating on Rentokil Initial (RTO – Research Report), with a ...
8d
Rentokil Initial Expects Slower North America Revenue Growth
Rentokil Initial forecast adjusted profits for the year of around £700 million, short of previous forecasts, after revenue ...
6d
on MSN
Stifel downgrades Rentokil on weakness in North American business
Stifel downgrades Rentokil stock to HOLD with lowered price target following profit warning due to North America market ...
6d
Rentokil Initial: Downgraded Forecasts and Persisting Concerns Prompt Hold Rating
In a report released today, Simona Sarli from Bank of America Securities reiterated a Hold rating on Rentokil Initial (RTO – Research ...
8d
FTSE 100 drops on Rentokil warning; U.S. inflation data weighs
London stocks edged higher on Wednesday, supported by precious and base metal miners, while investors maintained a cautious ...
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