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Metro Inc (MRU.TO)

MRU.TO on Toronto Stock Exchange

42.13CAD
20 Apr 2018
Change (% chg)

$-0.15 (-0.35%)
Prev Close
$42.28
Open
$42.26
Day's High
$42.50
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$42.03
Volume
233,601
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503,138
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52-wk Low
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Fri, Apr 20 2018

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Metro lowers outlook on weak Russia business

FRANKFURT German retailer Metro on Friday lowered its earnings outlook for its 2017/18 financial year, citing poor performance at its Russian operations, sending its shares lower.

UPDATE 1-Metro lowers outlook on weak Russia business

* Shares close 11 percent down (Adds detail, pay negotiations, updates shares)

Metro lowers outlook on weak Russia business

FRANKFURT, April 20 German retailer Metro lowered its earnings outlook for its fiscal year 2017/18, citing a poor performance at its Russian operations and sending its shares lower.

Metro says to seek new approach to wage deal blockage at Real

BERLIN, March 27 German retailer Metro said on Tuesday it is trying a new approach to find a new wage deal with employees at its struggling Real hypermarket chain after two years of talks with trade union Verdi failed to yield results.

BRIEF-Metro Systems Corporation Posts FY Net Profit Of 235.1 Mln Baht

* FY TOTAL REVENUE 7,395 MILLION BAHT VERSUS 7,651 MILLION BAHT; FY NET PROFIT 235.1 MILLION BAHT VERSUS 188.1 MILLION BAHT Source text for Eikon: Further company coverage:

BRIEF-Metro sees sustainable sales growth and stable EBIT in 2016/17‍​

* SAYS SEES SUSTAINABLE SALES GROWTH AND STABLE EBIT DEVELOPMENT IN FINANCIAL YEAR 2016/17

BRIEF-Metro CEO Says To Focus On Gaining Market Share In Germany

* SAYS WILL PREFER EXPANSION OF MARKET POSITION IN GERMANY TO IMPROVED EARNINGS Further company coverage:

UPDATE 1-Metro confirms guidance despite Russia profit fall

* Shares rise 2 percent in pre-market trade (Adds details, share price indication)

Metro reports flat Q1 profits despite Russia fall

BERLIN, Feb 13 German retailer Metro managed to make up for a drop in quarterly profits at its Russia business by an absence of restructuring expenses at its Real hypermarkets and other one-off income, confirming on Tuesday its full-year forecasts.

BRIEF-Metro Reports Q1 EPS Of C$5.67

* Q1 EARNINGS PER SHARE VIEW C$0.59 -- THOMSON REUTERS I/B/E/S

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