KCOM (LON:KCOM) Issues Revised Lower Guidance: Shares Tumble 40%

Hull-based telecommunications provider KCOM Group today issued a double whammy for investors: a trading update which forecasts weaker than expected earnings, and a revised dividend projection, which halves the potential return for investors. This was not particularly expected: the share price has traded in a relatively broad range for a couple of years, which tells … Read more