15/11/2011 - 14:25

Peet shares fall on profit downgrade

15/11/2011 - 14:25

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Property developer Peet’s stocks have dropped after it released an earnings downgrade for the 2012 financial year, blaming falling consumer sentiment and global and domestic economic uncertainty. At close of trade today Peet shares had plunged 13.4 per cent, to trade at $1.00.

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