Dialight share price plunges as US-China trade war bites

first_img Read more: Easyjet profit tumbles as it reveals move into package holidays The world’s two largest economies have been in high-level talks to find a solution to the standoff, but there has yet to be a truce. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyzenherald.comDolly Finally Took Off Her Wig, Fans Gaspedzenherald.comMisterStoryWoman files for divorce after seeing this photoMisterStoryPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past Factorybonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comThe Chef PickElisabeth Shue, 57, Sends Fans Wild As She Flaunts Age-Defying FigureThe Chef PickJournalistateTeacher Wears Dress Everyday, Mom Sets Up CamJournalistate Show Comments ▼ Citing a weakOctober and difficulty over predicting the timing of orders, the firmnow expects full year Ebit (earnings before interest and tax) to bein the range of £5m to £8m. Sebastian McCarthy Read more: The four types of business philosopher whatsapp Share The LED lighting group’s share price plummeted 20 per cent to 240p in early morning trading after it said that early signs of recovery in the business have been hampered by a slowdown in global markets. Last year the company reported Ebit of £8m. whatsapp “With our exposure to US markets, the uncertainty of the trading relationship with China continues to be a significant headwind as we enter our traditionally busiest period,” Dialight said in a statement. Dialight is the latest in a swathe of companies to flag a slowdown in trading as a result of the tit-for-tat tariff battle between Washington and Beijing. Dialight share price plunges as US-China trade war bites Tuesday 19 November 2019 8:20 am More From Our Partners Inside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comConnecticut man dies after crashing Harley into live bearnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPuffer fish snaps a selfie with lucky divernypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com In July shares in the group plunged by almost a third after it issues a profit warning and announced the departure of its chief executive. Boss Marty Rapp, who came out of retirement in January last year to take up the post, will resume his retirement. Shares in Dialight, the UK’s leading LED maker, crashed this morning as the firm warned that the full-year profit will be hit by the ongoing US-China trade war uncertainty.last_img

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