Telegraph.co.uk |
Noble shares plummet nearly 50 percent after announcing profit warning, asset sales
CNBC Troubled commodity trader Noble Group saw its shares plummet as much as 48.7 percent on Thursday after the company on Wednesday issued a profit warning and plans for asset sales. The stock tumbled as low as 29.5 Singapore cents, or 22 U.S. cents. Commodities giant Noble Group shrinks down as it warns of $1.8bn loss Noble Group announces dramatic shrink-to-survive measures ... Noble Group Pulls Back to Asian Roots After $1.8 Billion Loss |
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