Tag Archives: tank

Apple, Facebook and other big tech stocks tank, weigh on Wall Street

Big tech was slammed Friday as investors took profits from the group, which some fear has become a massive market bubble. The sell-off accelerated in afternoon trading, with the Nasdaq falling 2.4 percent, and names like Facebook and Apple, down 4 percent. The S&P tech sector was down 3.3 percent Friday but was still up 18 percent for the year. ... Read More »

Tech Mahindra Shares Tank 17%, Shareholders Lose Rs. 7,000 Crore

Tech Mahindras profit fell 33 per cent annually to Rs. 590 crore in Q4. HIGHLIGHTS Tech Mahindra shares fell as much as 17% today It reported 33% decline in March quarter profit on Friday Tech Mahindra is the fifth-biggest software services provider in India Shares of India’s fifth-biggest software services provider Tech Mahindra tanked as much as 17 per cent ... Read More »

Tory manifesto £4bn education pledge ‘could still leave schools short’, warns leading think tank

Labour’s plans would mean an increase in school spending per pupil by 6 per cent compared with present levels, and Liberal Democrat plans would protect spending per pupil in real terms at the 2017-18 level PA School spending plans outlined in the Conservative Party manifesto could see school budgets slashed by 7 per cent, a leading economic think tank has warned. ... Read More »