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Noble Group's shares and bonds continue in freefall
Analysts cut their target price for its stock; some ask about Noble's ability to continue as a going concern
Add BT as a preferred sourcePublished Fri, May 12, 2017 · 09:50 PM
Singapore
SHARES in Noble Group continued their free fall on Thursday, as analysts hurriedly slashed their target price for the stock following the firm's shock loss for the first quarter.
Its bonds followed a similar trajectory, tumbling on fears that the commodity trader might have problems meeting its debt obligations.
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