Cello, which continued to take measures to cut costs, saidlike-for-like professional costs were reduced by about 7percent. “Smaller, specialist account activity across severalsectors has been weaker in the first six months andprofessional resource in these areas has been reducedaccordingly,” Cello said. The company said weakness in qualitative research wasoffset by its focus on pharmaceutical, international and publicsector research. Cello shares were down 11 percent at 33.5 pence by 0707 GMTon the London Stock Exchange. However, the company, which carries out direct marketingcampaigns and user satisfaction surveys, said it expects tomeet market estimates for full-year headline operating profit,helped by good contract retention. All rights reserved.Investor Relations ContactFons van LithManager Investor RelationsP: +31 76-548 41 16M: +31 6-51 31 49 52E: Email Contact 2009, Market Wire, All rights reserved.-0-.
* Sees meeting market view for FY headline oper profit *Says H1 oper margins squeezed * H1 like-for-like professional costs cut by 7 pct * Sees one-time charge of 0.4 mln stg in H1 * Shares fall 11 pct July 3 (Reuters) – British research and consulting firmCello Group Plc (CLL.L) said on Friday its first-halflike-for-like gross profit fell 10 percent, and operatingmargins were also squeezed, due to slower client activity. Our aim is to keep you informed of, amongstothers, progress in projects, special events and developments in analystcoverage and consensus.Enjoy reading! announcement was originally distributed by Hugin. The issuer issolely responsible for the content of this announcement.CopyrightCopyright Hugin AS 2009. Stocks are ripe for a consolidation period.” Data showed on Thursday U.S.
employers shed nearly half amillion jobs in June and the unemployment rate surged to 9.5percent, the highest in nearly 26 years [ID:nN01210643] U.S markets will be closed on Friday for a holiday. (Reporting by Blaise Robinson, editing by Atul Prakash) Stocks Global Markets. BREDA, NORWAY, Jul 03 (MARKET WIRE) — Dockwise takes pleasure in offering you this first issue of ourelectronic newsletter. “The data showed that the economic recovery remains fragileand more downbeat data is to be expected, particularly on thejobs front. “Payrolls were a wake up call,” said Jacques Henry, analystat Louis Capital Markets, in Paris. BNP Paribas (BNPP.PA) rose 1.6 percent, Banco Santander(SAN.MC) added 0.7 percent, Total (TOTF.PA) gained 0.6 percentand BP (BP.L) rose 0.5 percent. Stocks | Global Markets At 0707 GMT, the FTSEurofirst 300 .FTEU3 index of topEuropean shares was up 0.4 percent at 846.04 points.
