Saipem Plunges on Profit Warning, H&M Profit Falls

Saipem Plunges on Profit Warning, H&M Profit Falls Play

Jan. 30 (Bloomberg) -- Bloomberg's Manus Cranny reports that Saipem SpA plunged after Europe’s largest oil-service provider cut profit forecasts, raising concern earnings across the industry will be lower than expected. He speaks on Bloomberg Television's "The Pulse."

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