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Tag: plunges
Oil prices rise as dollar plunges
2016-05-03 01:00:00| Offshore Technology
Oil prices have increased by more than 1% after the dollar slumped against Japan's yen, stimulating fuel demand.
Gap stock plunges on weak sales
2016-04-10 01:56:04| Apparel - Topix.net
Gap shares plunged on Friday in the wake of another weak sales report. The stock price for Gap Inc. plunged 14 percent in afternoon trading, the day after the clothing retailer said that its sales had declined year-to-year for the five weeks that ended April 2. Net sales dropped more than 15 percent from $1.53 billion during the five week period in 2015, to $1.43 billion during that time in 2016.
Cree plunges after big preliminary FQ3 miss
2016-04-05 23:59:17| Semiconductors - Topix.net
Cree is is tumbling 17% in AH trading after cutting its FQ3 EPS and revenue view, as well as estimating a GAAP gross margin below its prior estimate of 29.7%. Chairman and CEO Chuck Swoboda: "The estimated revenue is below the Company's previously targeted range of $400 million to $430 million due to lower Lighting Products revenue.
Tags: big
miss
preliminary
cree
Car plunges down cliff in Canada
2016-04-04 05:34:06| Airlines - Topix.net
A woman gets out of her car right before it plunges down a cliff in Canada. Firefighters say a woman got out of her car just in time.
Tags: canada
car
cliff
plunges
Oil Search plunges into the red
2016-02-23 02:22:59| Oil & Gas - Topix.net
Oil Search has cut its dividend payment to shareholders after plunging into the red with a $US39.4 million full year loss. The Papua New Guinea-focused company's loss for calendar 2015 represented a dramatic reversal of 2014's $US353.2 million profit.
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