Latest Updates Around The World
Indian shares ended the week on a firmer note on Friday, with technology and pharmaceutical stocks posting modest gains, as investors took confidence from the US government reopening and clearer macro signals. Sentiment was further supported by stronger domestic gains and the outcome of key state elections.The Nifty 50 rose 0.12% to 25,910.05, while the […]
Sales totaled $4.15 billion, up from $3.37 billion. On an adjusted basis, Barrick says it earned 58 cents per share in the latest quarter, compared with adjusted earnings of 30 cents per share a year ago. Gold production in the quarter totaled 829,000 ounces, compared to 943,000 ounces a year ago, while the company’s realized […]
Now that the 43-day government shutdown is over, market experts remain cautious about what lies ahead. Ed Yardeni of Yardeni Research thinks the turbulence in Washington will continue to fuel uncertainty, but investors have learned to live with it.“Washington remains a source of volatility and uncertainty. Policymaking has certainly been like this all year and […]
Bajaj Finance, the fastest gainer in the past year, shocked investors on Tuesday, falling 7% after it cut the company’s growth expectations in light of stress in the SME and captive 2W/3W segments. The stock has received mixed reviews from top brokers, leaving investors in a tight spot and wondering whether the momentum will hold […]
Indian benchmark indices Nifty and the BSE Sensex closed with a weekly decline of 0.9%, due to selling pressure in IT and consumer stocks. When stock markets resume trading on Monday, a host of major domestic and global events are likely to have an impact during the holiday week. On Friday, Nifty closed 17.40 points […]
The Montreal-based airline said operating revenue during the quarter came to $5.77 billion, down about 5% from $6.1 billion in the third quarter last year. The results for the three-month period ending September 30 include the three-day work stoppage of more than 10,000 flight attendants in August, which halted operations and caused more than 3,000 […]
Warren Buffett is ending his legendary run at Berkshire Hathaway just as he spent the last three years, selling more shares than he’s buying, piling up record cash and waiting for better bargains. With just two months to go before he hands over the CEO reins to Greg Abel, the 95-year-old investor has cemented his […]
Zerodha founder and CEO Nithin Kamath has shed light on what he calls a ‘tax arbitrage game’ driving the behavior and valuations of startups in India, while explaining why many venture capital (VC)-backed companies deliberately operate with little or no profit.In a detailed post on “If you take money out of a company as dividends, […]
The Indian market ended lower on Friday with the Sensex and Nifty posting a second day of losses as investors booked gains amid mixed corporate earnings and cautious global cues, with a stronger US dollar and the Federal Reserve’s dovish stance on rate cuts denting sentiment, while heavyweights HDFC Bank and ICICI Bank came under […]
