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Such a fall in stock prices would stun investors.
Mr. Kumar blamed the fall in stock prices.
In other cases the reasons for a fall in stock prices are not easy to discover.
The only good news for Northrop is that the fall in stock prices has knocked $1 billion off the purchase price of TRW.
The fall in stock markets comes as the Federal Reserve weighs its first hike in US interest rates since the recession.
According to this account, that was the origin of the term "bear market," meaning a fall in stock prices, or speculating in anticipation of a fall.
Similar(25)
Old Mutual, South Africa's biggest insurer, said it was discussing the sale of a finance unit to the investment bank Beeson Gregory to cut costs after a fall in stock-trading profits at businesses in Britain.
I've done a very rough calculation on what Monday's fall in stocks might do to consumer spending.
Far more Americans than ever before had a direct stake in the stock market, and the sharp fall in stocks meant that their retirement plans had to change.
The S.E.C. said that Amaranth violated the rules by improperly covering its short positions, or bets that prices will fall, in stocks of several companies involved in offerings.
Mr. Kaiser points to a recent fall in stocks and declining export orders to conclude that Germany could no longer enjoy the luxury of staying out of the crisis facing other parts of the euro zone.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com