Tag Archives: falls

DB Realty falls 7% after LIC Housing Finance files insolvency plea against co in NCLT

DB Realty fell over 7 percent intraday on Thursday as investors turned wary of the stock on the back of insolvency proceedings reports. LIC Housing Finance is believed to have filed insolvency plea against the company in the National Company Law Tribunal (NCLT), CNBC-TV18 reported, quoting news agency Cogencis. According to a report in DNA, the company is said to have defaulted ... Read More »

Printer maker Xerox’s revenue falls 4.2 pct

Printer and copier maker Xerox stated a four.2 percent fall in quarterly sales, harm with the aid of a robustdollar and decrease sales of printers and copiers. The company‘s shares fell extra than thirteen percent Monday. (click on right here for the today’s quote.) The corporation is that specialize in its services enterprise, which offers commercial enterprise procedureoutsourcing and record ... Read More »

Yen rallies as world falls apart: FX strategist

The yen’s surge to 15-month highs against the dollar Thursday reveals deep problems in global markets, according to Steven Englander, global head of currency and G-10 strategy at Citigroup. “It’s rallying because it’s a safe haven currency and the world’s falling apart,” Englander told CNBC’s “Worldwide Exchange.” “It’s not rallying because there are negative interest rates.” The Bank of Japan ... Read More »