{"id":71177,"date":"2019-10-02T01:18:07","date_gmt":"2019-10-02T05:18:07","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=71177"},"modified":"2019-10-02T01:18:07","modified_gmt":"2019-10-02T05:18:07","slug":"italys-bio-on-slashes-2019-sales-forecast-blames-u-s-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2019\/italys-bio-on-slashes-2019-sales-forecast-blames-u-s-hedge-fund.html","title":{"rendered":"Italy&#8217;s Bio-on slashes 2019 sales forecast, blames U.S. hedge fund"},"content":{"rendered":"<p>(Reuters) &#8211; Italy\u2019s Bio-on SpA (ON.MI) reported a collapse in first-half revenue and slashed its full-year sales forecast on Tuesday, blaming what it said was unfounded criticism of its accounts by a U.S. hedge fund and almost halving its market value. The results, including a drop in sales to just under 1 million euros ($1.1 million) from 6.1 million in the first half of last year, came after Quintessential Capital Management (QCM) questioned the bio-plastics firm\u2019s accounts in July.<\/p>\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-bio-on-results-quintessential\/italys-bio-on-slashes-2019-sales-forecast-blames-us-hedge-fund-idUSKBN1WG4FI\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) &#8211; Italy\u2019s Bio-on SpA (ON.MI) reported a collapse in first-half revenue and slashed its full-year sales forecast on Tuesday, blaming what it said was unfounded criticism of its accounts by a U.S. hedge fund and almost halving its market [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-71177","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/71177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=71177"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/71177\/revisions"}],"predecessor-version":[{"id":71178,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/71177\/revisions\/71178"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=71177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=71177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=71177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}