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Even as it admitted its own organizational failures in preparing for the protests, which led to the resignation of the police chief, the report angered many protesters.
That's a good thing, given that (as it admitted in its financial results filing) Spotify may need to raise more money in the short-to-medium term to fund more growth, and hopefully profitability.
The day's biggest loser was ICAP, which finished down 2.58% at 381.4p after it announced that it would be cutting 114 jobs as it admitted that its move into stockbroking has floundered.
The publisher, which employs 1,000 people in Bath, told staff on Friday that there would be up to 100 redundancies as it admitted problems with its US business will wipe £2m from its full years earnings.
Its share price fell sharply in late 1997 as it admitted financial problems and changed its top management, and it was later acquired by USA Waste Services, which kept the Waste Management name.
Last year, the retailer cut the valuation of about 460,000 sq m of its land by £800m – as it admitted it would never build on many of the sites it had accumulated over the years.
Similar(35)
But, as it admits, its persuasive powers do not extend very far.The G8's concern may also be mixed with some resentment.
Sharp, too, is getting ready to spend money on a new factory in China as it admits that it can no longer keep its technology hidden away.
As it admits, this would mean less space for fluffy fauna.
22 September – Tesco shares slump as it admits that profits were overstated by £250m.
September 22 – Tesco shares slump as it admits that profits were overstated by £250m.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com