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Affymax stock plunges 85 percent on drug recall
(Reuters) – Shares of Affymax Inc fell 85 percent after it said serious adverse reactions, including death, were reported among some of those using its sole commercial product, anemia drug Omontys.
IRS whistleblower tax take plunges, senator frets
WASHINGTON (Reuters) – A report from the U.S. Internal Revenue Service’s troubled whistleblower program said tax collections from tipsters fell sharply last year, prompting a U.S. lawmaker on Friday to say he may delay two Treasury Department nominees until the … Continue reading
RIM stock plunges 10 percent after warning of loss
TORONTO (Reuters) – Shares of Research in Motion Ltd skidded 10 percent at the open on Wednesday after the BlackBerry maker warned on Tuesday it would likely report a shock first-quarter operating…
Green Mountain plunges as single-serve coffee growth slows
(Reuters) – Shares of Green Mountain Coffee Roasters Inc plunged more than 40 percent after the single-serve coffee company slashed its full-year sales outlook and warned that its scorching growth…
S’pore’s Wilmar plunges on margin concerns after Q4 results
SINGAPORE, Feb 22 (Reuters) – Shares of Singapore’s Wilmar International, the world’s largest listed palm oil firm, fell as much as 9 percent in early trading on concerns about margins at its…
CORRECTED-Singapore Hot Stocks-First Ship plunges after Q4 DPU drops
(Corrects headline in story dated Jan 20 to show drop in distribution per unit, not earnings)
Singapore Hot Stocks-First Ship plunges after Q4 earnings drop
SINGAPORE, Jan 20 (Reuters) – Units of Singapore’s First Ship Lease Trust fell as much as 33 percent after the trust reported a sharp drop in its fourth quarter distribution per unit.
Urban Outfitters plunges on CEO’s surprise exit
(Reuters) – Shares of Urban Outfitters fell as much as 20 percent, as investors reacted sharply to the sudden exit of the retailer’s chief executive amid a planned turnaround and the naming of its…
Egypt benchmark stock index plunges for 3rd straight day on surging protests, fresh violence
CAIRO — Egypt’s stock market took a beating for the third consecutive day, dragged lower by protests and violence in the capital that raised questions about the country’s stability days before pivotal parliamentary election. The Egyptian Exchange’s benchmark EGX30 index … Continue reading