REUTERS - May 28 - Cupid forecast a sharp fall in half-year earnings and said it was in talks about selling part of its business. It forecast core earnings of 2.5M pounds compared to the 5.9M in the same period last year. Cupid in March rejected media allegations about methods it used to encourage people to buy subscriptions as "misrepresentation and ill-informed speculation". Cupid, whose website says it has ~54M user accounts in 58 countries, said a strong performance in its Uniform Dating and Paris-based AGL brands meant half-year revenues would be 13% higher than last year.
by Sarah Young
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