Sandvik’s Q1 profit slide sends stock lower

infomine - mining equipment and supplier news | May 2, 2008 | 2:13 pm Top Companies 

STOCKHOLM (Reuters) – Engineering group Sandvik AB reported a steeper-than-expected fall in first-quarter pretax profit on Tuesday, hit by component shortages and lower nickel prices, sending its stock down nearly 9 percent…more at uk.reuters.com