Plunges
GSK plunges as drugmaker must face Zantac cases in Delaware
Citi estimates Zantac settlement costs at US$3 billionGSK shares plunged in the wake of a court ruling that the UK drugmaker, alongside others including Sanofi, must face trials over...
Miss USA Organization Plunges into Disarray as Beauty Queens Resign Amid CEO’s Playboy Past, Financial Strain, and Allegations of Mismanagement
In the latest developments, the Miss USA organization faces turmoil as two beauty queens relinquish their titles this week. Prior to their departure, concerns over the organization's management came...
Battery firm LG Energy Solution Q1 profit plunges on weak EV sales
SOUTH Korean battery firm LG Energy Solution (LGES) posted on Thursday (Apr 25) a 75 per cent drop in quarterly profit, hit by weakening demand from electric vehicle (EV)...
China bubble-tea chain Chabaidao plunges on Hong Kong debut
SHARES in Chinese bubble-tea chain Baicha Baidao plunged nearly 40 per cent on its first trading day in Hong Kong on Tuesday, in a fresh blow to the finance...
France’s Atos plunges as refinancing plan fails to reassure
ATOS shares fell 14 per cent on Tuesday (Apr 9) as the French IT consulting firm said its refinancing plan, which includes raising 1.2 billion euros (S$1.8 billion) via...
France’s Atos plunges as refinancing plan fails to reassure
ATOS shares fell 14 per cent on Tuesday (Apr 9) as the French IT consulting firm said its refinancing plan, which includes raising 1.2 billion euros (S$1.8 billion) via...
First Sponsor H2 net profit plunges 96.8% to S$1.9 million on lower property handover volume in China
Despite the falls, the group, which has operations in China and the Netherlands, said its overall gross margin for the period remained fairly consistent at 45.2 per cent, compared...
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