India’s Zee tumbles 10% in pre-open after Sony scraps merger
BENGALURU (Reuters) – Shares of Indian broadcaster Zee Entertainment Enterprises plunged 10% in pre-open trade on Tuesday, a day after Japan’s Sony Group scrapped a $10 billion merger with the company, raising…
Oracle tumbles as tepid forecast fans cloud growth concerns
(Reuters) – Oracle shares fell 9% in premarket trading on Tuesday as another quarter of below-expectations cloud sales and a bleak forecast amplified concerns over the pace of growth at the business…
Russian central bank to hold emergency rate meeting as rouble tumbles
MOSCOW (Reuters) – Russia’s central bank will hold an extraordinary meeting on Tuesday to discuss the level of its key interest rate, it said on Monday, as the sharply weakening rouble prompted…
Sage tumbles to record low on clinical depression pill setback
By Bhanvi Satija and Mariam Sunny (Reuters) – Shares of Sage Therapeutics slumped to a record low on Monday after the U.S. health regulator approved the company and partner Biogen’s pill for…
Russian rouble tumbles to over 16-month low past 94 vs dollar
By Alexander Marrow (Reuters) – The Russian rouble tumbled over 2% to a more than 16-month low past 94 against the dollar on Wednesday, pressured by political risk, falling oil prices and…
Eurozone investor mood tumbles more than expected in July
BERLIN (Reuters) – Investor morale in the euro zone sank more than expected in July, hitting a low not seen since Europe’s energy crisis last November, as the currency union remains in…
Beyond Meat tumbles to new low after seeking to raise $200 million
(Reuters) – Shares of Beyond Meat tumbled 18% to new lows on Thursday after the plant-based substitute meat seller said it would sell up to $200 million worth of new shares as…
PayPal tumbles 12%, eyes lowest close since 2017
(Reuters) – PayPal Holdings’ stock slumped 12% on Tuesday, on track for its lowest close in almost six years, after the payments company cut the outlook for its annual adjusted operating margin.…
Major Bank’s Stock Tumbles Over 25% After Disastrous Earnings Report
Major Bank’s Stock Tumbles Over 25% After Disastrous Earnings Report Jason Cohen on April 25, 2023 First Republic Bank’s stock price fell over 25% as of midday Tuesday following a Monday earnings…
Nikola tumbles to record low on $100 million stock sale
(Reuters) – Shares of Nikola Corp hit a record low on Friday after the electric-truck maker said it plans to sell shares and raise $100 million, amid high production costs. Nikola said…
German investor morale tumbles on bank concerns – ZEW
BERLIN (Reuters) – German investor sentiment tumbled in March as concerns about a new financial crisis ended a five-month streak of consecutive increases, the ZEW economic research institute said on Tuesday. The…
Freshpet tumbles as Jana Partners calls company’s capital raise plan ‘ill-conceived’
(Reuters) – Shares of Freshpet Inc fell as much as 19% on Wednesday after activist investment firm Jana Partners LLC said the pet food maker’s recent plan to raise capital was “ill-conceived”.…
Euro zone lending growth tumbles as higher rates bite
FRANKFURT (Reuters) – Bank lending to euro zone companies tumbled in December, effectively ending the sector’s biggest borrowing binge in more than a decade as rising interest rates and a possible recession…
U.S. manufacturing output tumbles in December
WASHINGTON (Reuters) – Production at U.S. factories fell more than expected in December and output in the prior month was weaker than previously thought, indicating that manufacturing was rapidly losing momentum as…
Venezuela’s anti-inflation efforts dealt blow as currency tumbles
CARACAS (Reuters) – Venezuela’s effort to curb high inflation by stabilizing exchange rates is becoming less effective as the local bolivar currency slips in value against the dollar, analysts said on Wednesday.…
S.Korea’s POSCO Holdings sees steel demand remaining weak; Q3 profit tumbles
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea’s POSCO Holdings on Monday forecast weak steel demand would persist into the first half of next year after a price slump and…
French maize crop rating tumbles as drought deepens
By Gus Trompiz and Forrest Crellin PARIS – French maize crop conditions declined steeply last week to their lowest level in at least a decade, data from farm office FranceAgriMer showed, as…
Mexican manufacturing tumbles as price hikes bite
MEXICO CITY – Mexico’s manufacturing sector declined in July, with demand for the country’s goods hit by inflation after a long pandemic-driven downturn, a survey showed on Friday, despite hopes for a…
U.S. consumer confidence index tumbles in June
WASHINGTON – U.S. consumer confidence fell sharply in June as worries about high inflation left consumers anticipating economic growth would weaken significantly in the second half of the year. The Conference Board…
U.S. productivity tumbles in first quarter; labor costs surge
WASHINGTON – U.S. worker productivity fell at its steepest pace since 1947 in the first quarter, while growth in unit labor costs accelerated, the government confirmed on Thursday, signs that strong wage…
Brazilian real tumbles amid rallying dollar and local tensions
By Luana Maria Benedito and Jose de Castro SAO PAULO – The Brazilian real has returned to the list of worst currencies among its peers with two sessions of heavy losses, suffering…
U.S.-traded Russian ETF tumbles 24% in deepening selloff
– The VanEck Russia ETF tumbled 24% on Tuesday as the Russia-Ukraine crisis deepened, fanning investor anxiety. The exchange-traded fund has declined about 60% in the past week as investors dump Russian…
Olympics-Figure skating-Valieva tumbles to fourth as Russian team mate Shcherbakova wins gold
By Gabrielle Tétrault-Farber, Chang-Ran Kim and Julien Pretot BEIJING -Russian teenage figure skater Kamila Valieva tumbled to fourth place in the women’s singles event on Thursday, yielding to the pressure of a…
Stock Market Tumbles As Countries Head Toward Omicron Lockdowns
The stock market tumbled Monday as COVID-19 cases surge worldwide and countries head toward lockdowns triggered by the emerging omicron variant, multiple sources reported. The Dow Jones Industrial Average, an index of…
Singer Karol G tumbles down a flight of stairs at Miami concert, exposing lip-syncing performance
MIAMI, FL – It’s not like Karol G had too much on her mind while she was performing Friday at the FTX Arena at a Miami concert. After all, she was lip-syncing,…
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