Capita shares crash 40 percent as UK outsourcer cuts forecasts, aims to raise cash

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

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