The transatlantic contagion continues. Directories group Yell has slumped nearly 16% after a US rival warned of a slowdown.
R H Donnelley, a publisher of yellow pages in America, reported in-line quarterly results but lowered its forecasts for 2008 and warned of difficult trading conditions.
Its shares have fallen as much as 29%, and have also knocked Yell - which has substantial directory business in the US - for six. Its shares are now down 43p at 230p.
