Capita shares plunge 40 percent as UK outsourcer cuts forecasts

LONDON (Reuters) - British outsourcing group Capita lost 40 percent of its market value on Wednesday after its new boss slashed profit forecasts and set out plans to raise cash to avoid the same fate as collapsed rival Carillion.

from Reuters: Top News http://uk.reuters.com/article/uk-capita-outlook/capita-shares-plunge-40-percent-as-uk-outsourcer-cuts-forecasts-idUKKBN1FK0Q7?feedType=RSS&feedName=topNews