Foster’s Group cuts FY08 EPS growth forecast; writes down wine

June 9, 2008 Vino

Foster’s Group cuts FY08 EPS growth forecast; writes down wine assets; announces departure of CEO – Update (Nasdaq)
(RTTNews) – Monday, brewer and wine maker Foster’s Group Limited (FBRWY.PK) announced a cut in its fiscal 2008 earnings per share growth outlook, a non-cash write down to wine asset carrying values and a strategic review of the global wine business.

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