BLOOMBERG The Pulse December 19, 2014
Target. Lets bring in kerry. Why has it been this is the third profit warning . Things just arent getting better. If you add up all the downgrades, its almost 1 billion euros. So not looking good. They raised 4 points yesterday two of which we know which is the strike, they also said that theyre seeing some softness on long haul which is the reason they did the first downgrade. They also said theres a pension cost that theyre not going to get. Then fuel. Fuel is dropping but we havent seen a benefit from it yet. So that is also not coming through for them. Management telling us why 2015 is goi...
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