Tom Lukic, EY's restructuring partner in the Midlands, said: "The low number of profit warnings
in the West Midlands is a sign of an improving local economy and is consistent with the growth we're seeing across the region.
Companies in the West Midlands issued six profit warnings
in the third quarter of 2014, two more than the previous quarter of this year and two more than the same quarter of 2013.
Former Lovefilm boss Calver took over from Ben Gordon in April 2012, who stood down "by mutual consent" after another profit warning
Despite this low level of profit warnings
, we continue to question the real strength of the recovery and economy, once the significant props of government spending and effects of quantitative easing fall away," he said.
The results: The market did not savage the company's share price as it had when previous profit warnings
TWO more store giants issued profit warnings
yesterday, adding to growing gloom on Britain's high streets.
Housebuilders have not issued a profit warning
since late 2009 and a rising market, wider mortgage market and the Government's new housing scheme should provide a significant boost.
Israel Discount Bank (TASE: DSCT) has become the third bank in Israel to issue a profit warning
Summary: Electronics giant Philips has issued a profit warning
as two of its three core divisions showed a decline in sales.
The most common reasons for issuing a profit warning
in the North-east were increasing costs and overheads; sales short of forecasts; and difficult trading conditions.
An analyst with Israel-based Clal Finance Batucha has opined that Bank Hapoalim (TASE: POLI) may have to report a profit warning
BUDGET airline easyJet could axe a number of unprofitable routes from its flight schedule after last week's shock profit warning