CAPITAL MARKETS

Clough hammered on profit warning

CLOUGH shares have shed almost 30% of their value after the Australian contractor warned it would likely report a half-year loss due to

Greg Tubby

The stock closed down 20c, or 29.4%, at 48c, its lowest level since mid-1998. Managing director Dr Brian Hewitt said the revision was made on Friday when Clough took "another hard look at a couple of...

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