Earnings Update Puts Pressure On Yell's Share Price

The JournalJuly 01, 2009

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Summary


YELLOW Pages firm Yell has warned that next quarter earnings were likely to be 30% lower as it continues to feel the pain of the economic slump.

The update came as Yell said talks were under way to "comprehensively refinance" the group, which is saddled with pounds 3.5bn of debt.

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Earnings Update Puts Pressure On Yell's Share Price

Yell warned in its annual report that uncertain trading condition...

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