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Patisserie Holdings Shares News & Articles

Market report: UK markets hammered after huge US sell-off, Stagecoach to sell US arm and Shire sale wins Japan buyer vote

UK markets could be in for a fraught day’s trading action on Wednesday as investors mull over the implication of a big overnight sell-off in New York. US shares saw some hefty falls as uncertainties creep in over President Trump's trade pact with China and worries gain traction over the strength of the US economy. The Dow Jones Industrial Average and the S&P 500 both fell by more than ...

Blame game begins at Yu Group after accounting shocker sparks major share price collapse

Shares in business energy services supplier Yu Group (YU.:AIM) have slumped by 82% to 107.5p after issuing a shocking announcement that will have many investors recalling the recent scandal at cake chain Patisserie (CAKE:AIM). The accounting bolt from the blue confirms massive miscalculations on previous accrued income, trade debtors and gross margins after an internal probe. The net effect is ...

What can investors expect as shock crisis at Patisserie Valerie owner unravels?

The shocking turn of events at Patisserie Valerie owner Patisserie Holdings (CAKE:AIM) has shaken faith in the company and left investors wondering what will happen next. Earlier this week, shares in Patisserie were suspended after the company revealed ‘significant and possibly fraudulent’ accounting irregularities that could have led to a mis-statement of its accounts. Finance director ...
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