B&M saw shares crash more than 20pc after Mike Schmidt’s announced his resignation - Britpix / Alamy Stock Photo The finance chief of B&M has quit after an accounting blunder triggered the discount retailer’s second profit warning in a month. Mike Schmidt, 45, is leaving the retailer following the company’s failure to include £7m worth of freight costs in its latest results – meaning B&M overstated its profits. The mistake led to the retailer releasing inflated profit forecasts earlier this month. As a ...

Photographer: Chris Ratcliffe/Bloomberg© 2023 Bloomberg Finance LPShares in B&M European Value retail slumped on Monday as an accounting blip forced another profit warning and the departure of its chief financial officer.At 184.1p, B&M shares were last 15% lower in start-of-week business. They were dealing at their cheapest since October 2016 earlier in the session.The FTSE 250 company said its half-year results consolidation process “has identified… approximately £7 million of overseas freight costs not co ...

NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against BigBear.ai Holdings, Inc. ("BigBear" or the "Company") (NYSE: BBAI) and certain officers. The class action, filed in the United States District Court for the Eastern District of Virginia , and docketed under 25-cv-00623, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired BigBear securities between March 31, 2022 and March ...