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Cairn Energy shares plunge on tax row

2015-03-11 12:51:35| Oil & Gas - Topix.net

Shares in Cairn Energy fell 18.3% on Wednesday following Tuesday's announcement that it must pay a $1.6bn fine for unpaid tax in India. It has has been trying to exit India's oil market, where it made a fortune for shareholders, for over a year.

Tags: energy tax shares row

 

Cairn Energy shares plunge on tax row

2015-03-11 11:52:09| BBC News | Business | UK Edition

Shares Cairn Energy fall 18.3% following Tuesday's announcement that it must pay a $1.6bn (1bn) fine for unpaid tax in India.

Tags: energy tax shares row

 
 

Zynga shares plunge on loss

2015-02-12 23:26:16| BBC News | Business | UK Edition

Shares in Farmville-maker Zynga plunge over 10% after the company reports widening losses as it struggles to continue to attract users to its games.

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Baidu shares plunge after revenue miss

2015-02-12 02:15:53| BBC News | Business | UK Edition

Shares in China's biggest online search engine, Baidu, fall nearly 10% after disappointing results as users switch to mobiles.

Tags: miss revenue shares baidu

 

Tate shares plunge as ethanol, sugar force profits warning

2015-02-09 08:55:50| Sugar Industry News

Shares in Tate & Lyle plunged 15% after the corn processor, again, warned on profits, citing a "sharp deterioration" in ethanol margins and the weak European sugar market which has caught out some rivals too.

Tags: force warning shares sugar

 

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