Caltex shares dip on profit downgrade

Caltex Australia Ltd has downgraded its first half profit guidance to between $100 to $115 million, prompting shares in the oil refiner to fall more than six per cent. Caltex says its first half result will be lower the $163 million posted in the first half of calendar 2010, on a replacement cost of ...

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Caltex Australia Ltd has downgraded its first half profit guidance to between $100 to $115 million, prompting shares in the oil refiner to fall more than six per cent.

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Caltex shares dive on profit downgrade 1:27PM UPDATED Ross Kelly CALTEX shares fell sharply after it forecast a fall in profit of almost 40 per cent, on outages, high ...