Private player IDFC Bank today reported over 76
per cent plunge in standalone net profit to $ 42 crore for the March quarter on rise in bad loans an
The TSX energy sector fell 6.5 per cent Monday in addition to a five
per cent plunge last week as the price of crude settled at a five - year low.
On Thursday, the Real Estate Board of Greater Vancouver released figures showing a 41.9
per cent plunge in homes sold last month year - over-year.
A 15
per cent plunge in the share price is a sobering lesson.
On Friday, after management had reviewed the April sales figures, Murray Goulburn was plunged into a trading halt, which lasted for three days and led to a 38
per cent plunge in its profit estimate, and Mr Helou and chief financial officer Brad Hingle departing the co-operative.
The world's biggest explosives maker, Orica, has posted a 33
per cent plunge in net profit, citing a «deterioration» of the global mining in...
Not exact matches
Shares in Skywest Airlines have
plunged more than 10
per cent today after the company's executive chairman announced the airline has halved its 2011 half - year profit outlook to $ 2.9 million.
Bombardier (TSX: BBD.B) shares
plunged 35
cents or 7.74
per cent to $ 4.17 after the company announced the delay concerning its new CSeries aircraft.
The number of Canadian homes sold in March
plunged 23
per cent and the national average price was down 10
per cent from the same month last year amid double - digit
plunges in most housing markets across the country, according to the latest monthly sales data released Friday.
Samsung's profit
plunged 60
per cent in its latest quarter because of slowing phone sales.
The number of newly listed homes in February increased by 8.1
per cent, following a
plunge of more than 20
per cent in the month prior.
The dollar initially
plunged by a similar amount, though it also recouped some of its kneejerk losses to trade 15
per cent lower at 0.8884 francs.
It was also the deepest Canada's real GDP
plunged into negative territory in nearly six years, when it fell by 3.6
per cent during the recession - battered second quarter of 2009, Statistics Canada said.
The latest evidence of Empire's challenges came just last month when it posted a 51.7 -
per -
cent plunge in its fiscal second - quarter profit.
Global stock markets
plunged from 5 to 9
per cent abroad, and there was talk of closing the New York market if stocks fell more than 1,000 points.
The top three US equity benchmarks closed mixed with the Dow slipping as IBM
plunged 7.5
per cent after it reported narrower profit margins in the first quarter and no revenue growth unless one factors in help from a weak US dollar.
Blue Sky shares
plunged 20
per cent to $ 4.19 as the Brisbane - based group warned underlying profit in 2017 - 18 could come in as much as 44
per cent lower than previously suggested, to between $ 20 million and $ 25 million.
Counterpunch On Friday, October 24, the pound sterling dropped to just $ 1.58 (down from $ 1.73 earlier in the week, an enormous
plunge by foreign - exchange standards), and the euro sunk to just $ 1.26, while Japan's yen soared by 10
per cent.
Prices for development sites have already started to
plunge with one developer this week selling a prime apartment development site in South Brisbane at a 35
per cent discount.
Latvia's one year of solid economic growth since its economy
plunged by 25
per cent in 2008 - 10 is billed as a success.
Total revenue across its Australian resorts declined by 12.5
per cent, mainly due to the
plunge in VIP revenue.
Today, Singapore's Straits Times Index nudged higher, boosting this year's gain to 6.2
per cent in local currency terms, and took the top spot from Vietnam's VN Index, which
plunged 2
per cent.
Shares of Biocon
plunged over 5
per cent on reports of USFDA observations of the company's Bangalore facility.
Shares of Toronto - based Genworth MI Canada Inc.
plunged a record 12
per cent in two days after the mortgage insurer predicted that over one - third of insured borrowers would struggle to meet the new borrowing standards.
Severe weather in March, dubbed the Beast from the East, sent sales
plunging more than 20
per cent, offsetting encouraging gains in January and February after changes were made to stores, product range and pricing at BUKI's 227 remaining Homebase stores and 23 new - format Bunnings stores.
* Market expects U.S. to re-impose sanctions against Iran *
Plunging Venezuelan output further tightens markets * But soaring U.S. crude production holds back marketBy Henning GloysteinSINGAPORE, April 26 (Reuters)- Oil prices rose on Thursday, lifted by concerns over supply disruptions in Venezuela and theMiddle East as well as by strong demand.Brent crude oil futures were at 74.44
per barrel at0105 GMT, up 44
cents, or 0.6 percent, from their last close.U.S.
But a year after its launch last April, industry observers remain unconvinced that Ontario's 15
per cent non-resident speculation tax had the right target in its crosshairs and, home buyers and sellers — caught mid-transaction by the ensuing
plunge in home values — say the government hasn't even acknowledged the casualties caused by its manipulation of the market.
We reported the following on November 28, 2008 regarding Citigroup's price
plunge: «Altogether, the stock lost 60
per cent last week and 87 percent this year.
Shares in much - hyped graphite play Syrah Resources have
plunged more than 20
per cent after MD Tolga Kumova resigned.
The benchmark Philippine Stock Exchange Index has
plunged 21
per cent since its peak in May 2013 as international investors pulled a net $ 955...
The agency said that with the number of rigs running in the US
plunging by 60
per cent in response to lower oil prices, US shale oil production had «buckled» in April, «bringing a multiyear winning streak to an apparent close».
The revelations come at a difficult time for Mr Ashley, whose retail empire saw profits
plunge 67.3
per cent to # 45.8 million in the first half of the year.
Units in Murray Goulburn's ASX - listed trust
plunged 42
per cent to $ 1.24 on Wednesday after the co-operative told the market it would struggle to meet even half of the net profit forecast outlined in its prospectus from less than a year ago.
Melbourne - based Farm Pride Foods, which is one of Australia's biggest egg processors, has had to cancel orders, with its sales
plunging between 8 and 9
per cent compared with the same time last year.
The company's net profit
plunged 32.5
per cent in the six months to March 31 amid a «subdued market» and dry weather.
Shortly after the market opened, Murray Goulburn's shares
plunged as low as 37.6
per cent to $ 1.34.
Whole milk powder prices
plunged 13.1
per cent in the GlobalDairyTrade auction last week to $ US1848 a tonne, the lowest since July 2009.
Australian milk production has
plunged 20
per cent to about 9 billion litres a year, while farm prices have fallen, leading in some cases to bank foreclosure.But Mr Rowley said these factors strengthened the case to create a listed dairy farm: «From 2007 to 2011 China tripled dairy imports and dairy demand is 10 billion litres a year, which is more than the whole of Australian production.»
Last week a raft of new MFM products hits the menu, including a Vegan Cheeseburger and a Vegetarian «Meat Feast Pizza», with more arriving today, to join current veggie favourites such as Falafel Wraps and Jalapeno and Cheesy Nachos — on which a 10
per cent discount was already available, designed to encourage more students to take the
plunge into meat free eating.
Earnings from Australian food fell 2.4
per cent in 2017 after
plunging 41
per cent in 2016, but EBIT rose 13
per cent in the June half and full - year profit would have been up 8.3
per cent if not for the payment of more than $ 150 million in staff incentives, which pushed up the cost of sales.
The struggling Melbourne - based co-operative revealed on Tuesday it was seeking detailed «proposals» from third party bidders, including takeover offers, as it said its milk intake would
plunge 25
per cent this year,
The financial crisis and higher $ A savaged the value of the nation's wine exports, which have
plunged 40
per cent since 2007 to $ 1.8 billion.
The future of Neymar at Barcelona has been
plunged into further doubt after it was reported that there is only a 50
per cent chance he renews with the club.
Turnout has
plunged from over 70
per cent before 1997 to just over 60
per cent in 2005.
Data obtained from the Department of Petroleum Resources showed that the capacity utilisation at the refineries, including the Niger Delta Petroleum Resources» 1,000 bpd refinery,
plunged to as low as 4.85
per cent in 2015 from 23.03
per cent in 2011, resulting in increased petroleum products» imports.
Unite, the country's largest union said Tueasday's Australia's biggest livestock exporter, Wellard, has failed to excite investors after it listed on the ASX, with its stock
plunging as much as
per cent
Australia's biggest livestock exporter, Wellard, has failed to excite investors after it listed on the ASX, with its stock
plunging as much as
per cent Donald Trump has threatened to pull # 700 million worth of investment from Scotland if MPs ban him from entering the country but locals say investment and
Maruti scrip
plunged 3.6
per cent to hit a low of Rs 3,800 on the BSE.
But with profits from Samsung's mobile business
plunging a stunning 74
per cent in the third quarter of the year and Phones 4U folding, the Korean company's plans may change dramatically in the coming year.
The TSX energy sector, which makes up 23
per cent of the TSX, has
plunged more than 25
per cent so far this year.