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Thomson falls 9% on US labour dispute worries.
(From FT Investor (Pulses))
Thomson Multimedia shares fell 9 per cent on Tuesday after the French consumer electronics group warned the lock-out of US west coast ports would have a "significant" impact on its operations if it was not resolved soon. The company said the labour dispute, which has paralysed trade at 29 west coast ports, had affected key points in its supply chain and led to some increased costs and lost sales. Thomson said, excluding a lengthy shutdown at the US ports, it still expected to ...
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