Tupperware warns it could go out of business, sending shares plunging

Shares of Tupperware plunged 49 percent on Monday as the maker of plastic containers and other kitchen products warned of acute cash shortages, reported German news agency dpa.

The iconic US brand saw its share price fall to US$1.24, hitting a three-year low, after it said it hired "financial advisors to help improve its capital structure and remediate its doubts regarding its ability to continue as a going concern"...