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De La Rue Down Over 20% As Forecast Gets Cut

De La Rue Down Over 20% As Forecast Gets Cut

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

Lloyds Banking Group is reducing its stake in TSB by selling £161 million in shares to comply with EU state aid rules after a bailout. Meanwhile, Russia is enforcing a new law requiring global internet services to store personal data locally, affecting companies like Google and Facebook. Delarue, a money printing company, is experiencing a significant stock drop and has lowered its financial forecast due to weakening trading conditions.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the amount of shares Lloyds Banking Group is selling?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of its estate will Lloyds cut after the sale?

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OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the reason for the shedding of the company's assets?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What new requirement will global Internet services have to comply with in Russia?

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OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What has Delarue forecasted for the conditions into 2016?

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OFF

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