DJIA keeps decreasing as the session continues

The DJIA collapses as the session continues

In brief: The collapse of DJIA: by now the it has fallen by -86.73 points or -0.89%.

The DJIA keeps decreasing as current session continues. By now the Dow Jones index has fallen by -86.73 points or -0.89%. Short-term government bonds rose slightly in price today, while the yield of debt securities over 2 years increased slightly. Yield of 10-year government bond is quoted at 2.97%.

Shares of U.S. Blockbuster have fallen today nearly by 22% on the background of the message about the delisting of ordinary shares from the New York Stock Exchange. The shareholders rejected a plan of reverse stock split, which would raise the price of the shares, and thereby satisfy the listing requirements of the exchange. The company is burdened with the general duty of $ 920 million and so is currently unable pay off the interest statement, being only one step before the bankruptcy. The company’s management has received a deferral of debt for a month, but analysts expect it will change nothing.

Olga Bespalova
2010-07-02 18:53, Economics.

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