All three sectors have imploded, and so did CTS today after it issued a profit warning of stunning magnitude.

FORBES: Dog Of The Day: CTS

Nokia, the world's biggest handset maker, issued a profit warning in June, saying its smartphones were struggling against Apple's iPhone.

BBC: Sony Ericsson profits get boost from smartphones

The news did not come as too much of a surprise as the company issued a profit warning in late March.

WSJ: Asian Shares Recover From Recent Losses

Shares in temporary power firm Aggreko fell by more than 7% on Friday after it issued a profit warning for the year.

BBC: Aggreko shares down on profit warning

Puma issued a profit warning and posted a sharp drop in quarterly earnings as the backer of the world's fastest man struggled to transform high-profile sponsorships into robust financial results.

WSJ: What's News

Vodafone, the world's biggest mobile-telephone operator, recently pointed a finger at Spain when it issued a 2008 profit warning.

ECONOMIST: The euro area��s erstwhile star pulls down the whole region

The loss was expected, with a profit warning issued in January, while the company's fourth quarter results suggested a turnaround for earnings.

WSJ: Europe Concerns Weigh on Asian Shares