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BUZZ-Carr's: third worst day ever on FY warning

Reuters - UK Focus

** Agriculture & engineering co Carr's -18%, heading towards third-worst day ever & easily top faller on FTSE All Share Food Producers index

** Warns FY results will be significantly below forecasts, hit by delays to major U.S. contract, slower-than-anticipated recovery in U.S. cattle prices

** Investec (LSE: INVP.L - news) cuts TP to 134p from 164p (vs 2 analysts' median TP of 156.5p, per Reuters data); 1 "strong buy" and 1 "hold" rating on stock

** About 10x 30-day daily avg vol through on stock in 1.5 hours