Pershing Square Holdings, Ltd. (PSHZF) CEO William Ackman on Q1 2020 Results - Earnings Call Transcript

Pershing Square Holdings, Ltd. (OTCPK:PSHZF) Q1 2020 Earnings Conference Call May 27, 2020 11:00 AM ET Company Participants William Ackman - Chief Executive Off

Enterprise Products Partners - A +9% Yield From A Best In Breed Midstream

Enterprise Products Partners has a massive amount of liquidity, enough to cover 2 years of the company’s distributions. The company is focused on reducing capit

Workday Shares Have Become A GARP Story - And A Good One At That

Workday will be announcing the results of its fiscal Q1 (ended 4/30/30) this Wednesday, May 27th. At this point, expectations are muted reflecting the extent to

Charter's Q1 2020: Gushing Cash After Integrating TWC

With 2 large acquisitions almost integrated, capex is falling and FCF is up. The internet segment is the key driver, but a slowdown in fleeing TV and voice cust

Fevertree: Compounder For The Long-Term Investor

Fevertree shows outstanding performance compared to its close peers. An outsourced business model leads to high profit margins and returns on capital, and has a

International Flavors & Fragrances: Growth On Pause Due To Pandemic

In Q1, IFF delivered low-single-digit revenue growth despite the double-digit contraction in a few product categories. The company's cash from operations and FC

National Bank of Canada (NTIOF) CEO Louis Vachon on Q2 2020 Results - Earnings Call Transcript

National Bank of Canada (OTCPK:NTIOF) Q2 2020 Results Conference Call May 26, 2020 5:30 PM ET Company Participants Linda Boulanger - VP, IR Louis Vachon - Presi

Radical Transparency: A (Positive) Spin On Despegar's Q1 Earnings Call

Despegar reported disappointing Q1 results on May 4th, 2020. The company outlined cost-cutting measures and liquidity sufficient to survive an extraordinarily d

What every Canadian investor needs to know today

A look at the morning’s market action

Stabilus: A New Wave In Auto Components Business Concentration

Stabilus is not only a German industrial provider for the automotive industry - 60% revenue -, but also for other industries - 40% revenue. It produces gas spri

Bank of Montreal (BMO) CEO Darryl White on Q2 2020 Results - Earnings Call Transcript

Bank of Montreal (NYSE:BMO) Q2 2020 Earnings Conference Call May 27, 2020, 07:15 ET Company Participants Jill Homenuk - Head, IR Darryl White - CEO & Direct

These International Stocks Are Extremely Undervalued - Part 2

This is the second part of the undervalued stock list - but the international version. We highlight some of the companies we view as the most undervalued in ter

Royal Bank of Canada (RY) CEO David McKay on Q2 2020 Results - Earnings Call Transcript

Call Start: 08:15 Call End: 09:23 Royal Bank of Canada (NYSE:RY) Q2 2020 Earnings Conference Call May 27, 2020 08:15 AM ET Company Participants Nadine Ahn - Sen

Xebec Adsorption Inc. (XEBEF) CEO Kurt Sorschak on Q1 2020 Results - Earnings Call Transcript

Xebec Adsorption Inc. (OTCQX:XEBEF) Q1 2020 Earnings Conference Call May 27, 2020, 11:00 AM ET Company Participants Brandon Chow - IR Kurt Sorschak - CEO Louis

Alteryx: Expect Continued Strong Performance For The Long Term

A high-growth Big Data company with end-to-end data analytics solutions. Positive free cash flow margin and ample cash-on-hand make Alteryx a good investment ca

Photronics Inc. (PLAB) CEO Peter Kirlin on Q2 2020 Results - Earnings Call Transcript

Photronics, Inc. (NASDAQ:PLAB) Q2 2020 Earnings Conference Call May 27, 2020 08:30 A.M. ET Company Participants Troy Dewar - VP, IR Peter S. Kirlin - CEO John P

Cavco Industries, Inc. (CVCO) CEO Bill Boor on Q4 2020 Results - Earnings Call Transcript

Cavco Industries, Inc. (NASDAQ:CVCO) Q4 2020 Results Conference Call May 27, 2020 8:00 AM ET Company Participants Mark Fusler - Director of Financial Reporting

Diamondback Energy: Hunkering Down For A Brutal Second Quarter

Cash production costs are among the lowest in the industry for oil producers. The well profitablity occurs at unexpectedly low WTI prices. This company probably

OFS Capital: Vote No

OFS Capital Corp. is a Business Development Company that provides capital solutions to U.S.-based middle-market companies. BDCs rely on leverage to “juice up” r

British Land Company PLC (BTLCY) CEO Christopher Grigg on Q4 2020 Results - Earnings Call Transcript

British Land Company PLC (OTCPK:BTLCY) Q4 2020 Results Conference Call May 27, 2020 03:30 AM ET Company Participants David Walker - Head, IR Chris Grigg - CEO &

HEICO Corporation (HEI) CEO Laurans Mendelson on Q2 2020 Results - Earnings Call Transcript

HEICO Corporation (NYSE:HEI) Q2 2020 Earnings Conference Call May 27, 2020 9:00 AM ET Company Participants Laurans Mendelson - Chairman & Chief Executive Of

ASX to rise as Dow, S&P advance

Australian shares are set to open higher with the Dow retaking the 25,000 mark and the S&P 500 closing above 3000.

American Woodmark Corporation (AMWD) CEO Cary Dunston on Q4 2020 Results - Earnings Call Transcript

American Woodmark Corporation (NASDAQ:AMWD) Q4 2020 Earnings Conference Call May 26, 2020 11:00 AM ET Corporate Participants Scott Culbreth - CFO Cary Dunston -

Sun Pharmaceuticals Industries Ltd. ADR (SMPQY) Q4 2020 Results - Earnings Call Transcript

Start Time: 09:00 End Time: 10:14 Sun Pharmaceuticals Industries Ltd. ADR (OTCPK:SMPQY) Q4 2020 Earnings Conference Call May 27, 2020, 09:00 AM ET Company Parti

PhosAgro: Resilient In Any Environment

PhosAgro published Q1 production and financial results recently. In the meantime, the stock has suffered a short-term drawdown but now trades at pre-corona leve

Buy Gladstone Capital For Its 11%+ Yield

GLAD has rebounded strongly off its lows but remains well below its prior highs. With the distribution having been cut already, the new payout looks safe. With

StoneCo Ltd. (STNE) CEO Thiago Piau on Q1 2020 Results - Earnings Call Transcript

StoneCo Ltd. (NASDAQ:STNE) Q1 2020 Earnings Conference Call May 26, 2020 17:00 ET Company Participants Rafael Martins - Investor Relations Thiago Piau - Chief E

Prosafe SE (PRSEY) CEO Jesper Kragh Andresen on Q1 2020 Results - Earnings Call Transcript

Prosafe SE (OTCPK:PRSEY) Q1 2020 Earnings Conference Call May 27, 2020 4:00 AM ET Company Participants Jesper Kragh Andresen – Chief Executive Officer Stig Chri

Yintech Investment Holdings Limited (YIN) CEO Wenbin Chen on Q1 2020 Results - Earnings Call Transcript

Yintech Investment Holdings Limited (NASDAQ:YIN) Q1 2020 Earnings Conference Call May 27, 2020 8:00 AM ET Company Participants Yvonne Young - Investor Relations

Autodesk, Inc. (ADSK) CEO Andrew Anagnost on Q1 2020 Results - Earnings Call Transcript

Autodesk, Inc. (NASDAQ:ADSK) Q1 2020 Earnings Conference Call May 27, 2020 5:00 PM ET Company Participants Abhey Lamba - Vice President, Investor Relations Andr

Columbus McKinnon Corporation's (CMCO) CEO Richard Fleming on Q4 2020 Results - Earnings Call Transcript

Columbus McKinnon Corporation (NASDAQ:CMCO) Q4 2020 Results Earnings Conference Call May 27, 2020, 08:00 AM ET Company Participants Deborah Pawlowski - Investor

Don't Gamble In The Markets, Look At These 2 Blue Chip Healthcare Names Instead

Bristol-Myers Squibb and AbbVie offer rare clarity in today's market. Both names have reaffirmed 2020 guidance and are calling for strong growth. Both names are

Keysight Technologies, Inc. (KEYS) CEO Ron Nersesian on Q2 2020 Results - Earnings Call Transcript

Keysight Technologies, Inc. (NYSE:KEYS) Q2 2020 Earnings Conference Call May 26, 2020, 04:30 PM ET Company Participants Jason Kary - VP, Treasurer and IR Ron Ne

Ooma, Inc. (OOMA) CEO Eric Stang on Q1 2021 Results - Earnings Call Transcript

Ooma, Inc. (NYSE:OOMA) Q1 2021 Earnings Conference Call May 26, 2020 5:00 PM ET Company Participants Matt Robison - Director of IR and Corporate Development Eri

Canacol Energy: 100% Gas Company Value As An Oil Company

Canacol Energy's current market price is an attractive opportunity entry for three reasons: i) predictable top line, ii) proved track-record, and iii) attractiv

Autodesk, Inc. (ADSK) CEO Andrew Anagnost on Q1 2021 Results - Earnings Call Transcript

Autodesk, Inc. (NASDAQ:ADSK) Q1 2021 Earnings Conference Call May 27, 2020 5:00 PM ET Company Participants Abhey Lamba - Vice President, Investor Relations Andr

Communications Systems: Needs Sustained Bottom-Line Growth To Move The Share Price

Firm posts negative earnings in the first quarter. Once again this showed that the company is absent any real competitive advantage. No need to push the boundar

LivePerson Stock Is Ready To Go 'Live'

LivePerson has been undervalued due to lower-than-expected growth and lack of profitability. It is beginning to turn the ship around and become profitable and h

Visa, Inc. (V) Presents at Sanford C Bernstein Strategic Decisions Broker Conference Call - (Transcript)

Visa, Inc. (NYSE:V) Sanford C Bernstein Strategic Decisions Conference May 27, 2020, 10:00 ET Company Participants Alfred Kelly - Chairman & CEO Conference

Dorian LPG Ltd. (LPG) CEO John Hadjipateras on Q4 2020 Results - Earnings Call Transcript

Dorian LPG Ltd. (NYSE:LPG) Q4 2020 Earnings Conference Call May 27, 2020 10:00 AM ET Company Participants Ted Young - Chief Financial Officer John Hadjipateras

ATS Automation Tooling Systems Inc. (ATSAF) CEO Andrew Hider on Fiscal Q4 2020 Results - Earnings Call Transcript

ATS Automation Tooling Systems Inc. (OTCPK:ATSAF) Q4 2020 Earnings Conference Call May 27, 2020 10:00 AM ET Company Participants Stewart McCuaig - Vice Presiden

Golden Ocean Group Limited (GOGL) CEO Ulrik Andersen on Q1 2020 Results - Earnings Call Transcript

Golden Ocean Group Limited (NASDAQ:GOGL) Q1 2020 Earnings Conference Call May 27, 2020 09:00 AM ET Company Participants Ulrik Andersen - CEO Per Heiberg - CFO T

HEICO Beats Again, But Caution Is Warranted

HEICO has beat EPS and revenue estimates for the 10th consecutive quarter despite a slowdown in commercial aircraft orders. This is good news, but Q3 and Q4 wil

Ralph Lauren's (RL) CEO Patrice Louvet on Q4 2020 Results - Earnings Call Transcript

Ralph Lauren Corporation (NYSE:RL) Q4 2020 Earnings Conference Call May 27, 2020 9:00 AM ET Company Participants Corinna Van der Ghinst – Investor Relations Pat

Yext: Avoid At These Levels

Shares have rallied over 75% off its April lows, but the price today is unsustainable at these levels. Yext has been given worse reviews than its competitors, w

Hidden Stock Market Gems: Fuchs Petrolub

Fuchs Petrolub is the world's largest supplier among the independent lubricant manufacturers from Mannheim, Germany. With no debt, a wide economic moat around t

Petropavlovsk PLC (PPLKF) CEO Pavel Maslovskiy on Q4 2019 Results - Earnings Call Transcript

Petropavlovsk PLC (OTC:PPLKF) Q4 2019 Results Earnings Conference Call May 27, 2020, 03:30 AM ET Company Participants Patrick Pittaway - Head of Investor Relati

Hong Kong unrest worries curb global shares rally

Unrest in Hong Kong over Beijing's proposed national security laws weighed on global shares and oil prices on Wednesday, offsetting optimism about ...

Brokerages upgrade these 15 stocks to buy, expect 11-75% returns in a year

This war between USA & China may intensify further & may take ugly shape going forward, which may change World Power Equation post-COVID-19 era, Amit Jain of Ashika Wealth Advisors said.

Lockheed Martin Corporation (LMT) CEO Marillyn Hewson Presents at Bernstein's Annual Strategic Decisions Conference (Transcript)

Lockheed Martin Corporation (NYSE:LMT) Bernstein's Annual Strategic Decisions Conference May 27, 2020 10:00 a.m. ET Company Participants Marillyn Hewson - Chair

U.S. Stocks Climb to 12-Week High; Treasuries Drop: Markets Wrap

All you need to know about global markets today.

Global stocks shake off concern over US-China tensions

Stimulus plans in Europe and Japan trump worries about Beijing’s moves in Hong Kong

Hong Kong unrest worries curb global shares rally

TOKYO, May 27 — Unrest in Hong Kong over Beijing’s proposed national security laws weighed on global shares and oil prices today, offsetting optimism about the re-opening of the world economy. Riot police fired pepper pellets on protesters in Hong Kong’s main business district, rekindling...

Hong Kong unrest worries curb global shares rally

Hong Kong unrest worries curb global shares rally

Deere: Might Be Best To Look To 2021 Already

Shares of DE fell mightily with the broader market, and we have encouraged avoiding shares just before this major selloff. With the stock rebounding, it is prud

The Home Depot's (HD) Management Presents at RBC Global Consumer & Retail Virtual Conference (Transcript)

The Home Depot, Inc. (NYSE:HD) RBC Global Consumer & Retail Virtual Conference Call May 27, 2020 12:00 PM ET Company Participants Richard McPhail – Chief Fi

mCloud Technologies Corp. (MCLDF) CEO Russ McMeekin on Q4 2019 and Q1 2020 Results - Earnings Call Transcript

mCloud Technologies Corp. (OTCQB:MCLDF) Q4 2019 and Q1 2020 Results Conference Call May 26, 2020 05:30 PM ET Company Participants Russ McMeekin - Chief Executiv

AT&T: Do Not Let The Yield Fool You

While the dividend yield is tempting, be cautious and do not let it fool you. Huge debt load means shareholder returns are limited. I give T a true value of $40

NVIDIA Corporation (NVDA) Management Presents at Cowen 2020 Virtual TMT Conference (Transcript)

NVIDIA Corporation (NASDAQ:NVDA) Cowen 2020 Virtual TMT Conference Call May 27, 2020 10:30 A.M. ET Company Participants Colette Kress - Chief Financial Officer

Asian stocks pull back as Hong Kong uncertainty weighs

NEW YORK, May 27 — Asian shares shed some of their recent gains today as investor concerns about rising tensions between the United States and China tempered optimism about a re-opening of the world economy. US President Donald Trump said late yesterday he is preparing to take action against...

Danaher: No Need To Fix What Isn't Broken

Danaher's life sciences and diagnostics businesses aren't immune to external shocks like COVID-19, but the business is built for healthy, acyclical long-term gr

Merlin Properties - One Of The Largest European REITs

In this article, we'll take a more comprehensive look at Merlin Properties, a European REIT found in Spain. The company has an appealing blend of real estate in

Target - On Target, Fairly Valued

Target is enjoying real momentum in sales, driven by digital and essential categories. The store base and specific headwinds in certain categories, including th

Asian stocks pull back as Hong Kong uncertainty weighs

Asian shares shed some of their recent gains on Wednesday as investor concerns about rising tensions between the United States and China tempered ...

Mohawk Industries: Not A Convincing Investment

Mohawk is trading on a forward sales multiple of 1.08, below their long-term average of 1.3x. 2018 and 2019 were tough years for the business and industry. We b

Stocks rally on EU stimulus plan, euro gains

NEW YORK (Reuters) - Equity markets rallied on Wednesday, lifted by enthusiasm for the European Union’s plans for a 750 billion euro ($823 billion) recovery fund, but crude prices slid on concerns about unrest in Hong Kong over Beijing’s proposed national security laws.

Sensex settles nearly 1,000 points higher, Nifty ends at 9,315 led by banking, financial stocks

The S&P BSE Sensex surged 995.92 points (3.25 per cent) to settle at 31,605.22, while the broader Nifty 50 ended at 9,314.95, up 285.90 points (3.17 per cent).

Sensex rises 996 points to close at 31,605; Nifty reclaims 9,300

India Business News: Equity indices finished higher on Wednesday with the benchmark BSE Sensex rising nearly 1,000 points led by gains in banking and financial stocks. The

Asian shares slip as new Hong Kong tensions rise

Nikkei down 0.2%, ex-Japan Asian loses 0.3%.

Playing Defense With Cloud Software Stocks

Cloud software companies may see an impact on one side of the equation for net retention rates or both sides of the equation – this means either fewer new customers or more churn or downgrades in existing customers or both. There are three points where weakness can occur ... READ MORE.

Asian shares slip as new Hong Kong tensions rise

Hong Kong shares led declines among major regional indexes, with Hang Seng falling 0.46%, though it kept a bit of distance from a two-month low touched on Monday. MSCI's ex-Japan Asia-Pacific index lost 0.12%, with mainland Chinese shares down a similar amount.

The New Ingersoll Rand Debuts Under Challenging Circumstances

Ingersoll Rand produced a lackluster report for its first quarter, with results falling short of sell-side expectations and peers. Upstream oil/gas is likely to

Enter Nifty at current levels from 3-5 years’ perspective: IIFL Wealth

‘The biggest driver for economic recovery will be demand revival and consumption

Dow Up More Than 500 Points on Economic Confidence

Shares of retailers like Macy's, Kohl's, and the Gap rose sharply as investors cheered evidence that the economy is recovering. | Economy

Realty Income: A Best In Class REIT

Realty Income collected 83% of April rents showing the strength of their portfolio. The top 4 industries in the portfolio sell essential goods, which has bode w

Stocks rally on EU stimulus plan, euro gains

NEW YORK, May 28 — The euro and equity markets advanced yesterday as enthusiasm for the European Union’s plans for a €750 billion (RM3.5 trillion) recovery fund offset concerns about unrest in Hong Kong over Beijing’s proposed national security laws. US Treasury yields retreated from gains...

'Obvious' Shorts: The Highest Borrowing Fee Stocks In The U.S. Market Of May 2020

High borrowing fees are a red flag for a stock. I compiled a list of stocks that have 50%+ fees to borrow (for shorting). Canadian cannabis and corona-related s

Sensex rises 996 points to close at 31,605; Nifty reclaims 9,300

(Representative image) NEW DELHI: Equity indices finished higher on Wednesday with the benchmark BSE sensex rising nearly 1,000 points led … Sensex rises 996 points to close at 31,605; Nifty reclaims 9,300 Read More »

Global energy spending to fall $400bn due to coronavirus crisis

IEA says investments in low-carbon technologies falling far short of climate goals

The Coca-Cola Company (KO) Management Presents at RBC Capital Markets Global Consumer & Retail Conference (Transcript)

The Coca-Cola Company (NYSE:KO) RBC Capital Markets Global Consumer & Retail Conference May 27, 2020 2:00 PM ET Company Participants John Murphy - Chief Fin

Redhill Biopharma Ltd (RDHL) CEO Dror Ben-Asher on Q1 2020 Results - Earnings Call Transcript

Redhill Biopharma Ltd (NASDAQ:RDHL) Q1 2020 Earnings Conference Call May 27, 2020, 08:30 ET Company Participants Dror Ben-Asher - Co-Founder, Chairman & CEO

Wells Fargo's Stock May Soon Reverse Lower

Wells Fargo stock has seen a massive rally off the May lows. Options traders are betting that the stock falls by July. The fundamental outlook is very weak.

Buy Realty Income Now, Or Regret It Later

Realty Income is by far one of the best managed REITs that exist. They are the dividend investors dream company. They also now yield 5.36%. The market has unjus

Advance Auto Parts: Resilient 'DIY' Market Balanced By A Weaker Growth Outlook

Advance Auto Parts reported Q1 earnings highlighted by weak sales despite most stores remaining open as an essential business through the coronavirus pandemic.

Walgreens Boots Alliance: The Case For Buying In At Near 5-Year Lows

Walgreens Boots Alliance is the largest retail pharmacy, health and daily living destination across the United States and Europe, employing 440k staff globally

Dow soars 553 points on mounting optimism around a strong economic recovery, Business Insider - Business Insider Singapore

Business Insider - Stocks got a boost in midday trading when chipmaker Micron issued a quarterly sales forecast that beat estimates.. Read more at businessinsider.sg

Sensex rallies 996 pts ahead of F&O expiry at closing; Nifty tops 9,300

The BSE Sensex rallied 996 points on Wednesday, led by massive gains in banking and IT stocks ahead of the expiry of monthly derivatives amid firm overseas cues. After hitting a high of 31,660.60

COVID-19 crisis causing biggest fall in global energy investments

Kampala, Uganda | THE INDEPENDENT | The COVID-19 pandemic has set in motion the largest drop in global energy investment in history with spending expected to plunge in every major sector this year – from fossil fuels to renewables and efficiency – the International Energy Agency said in a new report released today. The unparalleled …

Global energy investment to drop by $400bn

An IEA report indicates that Covid-19 has set in motion the largest drop in global energy investment in history from fossil fuels to renewables and efficiency.

Value buying in banks leaves investors richer by Rs 2 lakh crore

Short covering by institutional investors, mostly in banking stocks helped Sensex (363 points) and Nifty (77 points) cover losses of last two sessions

COVID-19 crisis is causing biggest fall in global energy investment in history: IEA

The unparalleled decline is staggering in both its scale and swiftness, with serious potential implications for energy security and clean energy transitions

Market Update: Sensex rallies 996 points; banking and IT stocks in the lead

Dow soars 553 points on mounting optimism around a strong economic recovery

US stocks rose on Wednesday as investors were encouraged by signs that international authorities were taking measures to boost the global economy.

Wall Street gains with economic hopes; bank stocks jump

The S&P 500 edged higher in choppy trading on Wednesday as optimism over a pick up in business activity helped offset worries over simmering ...

Dow soars 553 points on mounting optimism around a strong economic recovery

US stocks rose on Wednesday as investors were encouraged by signs that global authorities were taking measures to boost economies. The European ...

Switch: Overvalued For Such Low Growth Prospects

Investors have piled into Switch this year, whose shares are up ~28% year-to-date despite a ~10% decline in the markets. Churn has increased in the wake of the

How Microsoft's Azure Is Helping In The Fight Against COVID-19

Microsoft's cloud business, Azure, along with artificial intelligence is being used by companies and the CDC to battle COVID-19. Microsoft is likely to be a hig

Planning to invest now? Here’s how you can build a Rs 5,00,000 ‘Atmanirbhar' portfolio

Investors should ideally place small amounts in different sectors to take advantage of the multiplier effect which the economic package could have over a period of time.

Share Market Update: Sensex ends 995 points higher, Nifty at 9,314; Axis Bank, ICICI Bank top gainers

Stock Market LIVE Updates:

Very positive on Bharti Airtel, use dips to accumulate stock: Dipan Mehta

‘Telecom is one industry which is able to maintain its present earnings power

DRDGold Remains Undervalued Despite Stellar Performance

DRDGold is one of the top-performing gold mining stocks over the past year due to successful exploration efforts and Sibanye's acquisition. Using P&P reserves,

Sun Pharma FY20 results: Profit rises 41% to Rs 3,765 crore, sales up 13%

For the fourth quarter ended March 31, 2020 (Q4 FY20), Sun Pharma posted a 37 per cent YoY decline in consolidated profit at Rs 399.8 crore due to one-time loss of Rs 260.6 crore

Wall Street closes higher on economic revival hopes

Stocks closed higher on Wall Street Wednesday, extending the market's gains into a third day on hopes for a coming economic revival as larger swaths of the country relax stay-at-home mandates imposed due to the coronavirus pandemic and clear the way for more businesses to reopen.Despite a choppy day of trading, the S&P 500 gained 1.5% and finished above the 3,000-point mark for the first time since early March. The Dow Jones Industrial Average crossed above 25,000 points, where it hasn't closed since March.Financial, industrial and health care stocks accounted for a big slice of the gains.

Target: Discount Unjustified

Target recently reported Q1 numbers, posting strong sales growth coupled with compressed margins. Following the report, we believe the company remains well-posi

Virus sparks record drop in energy investment: IEA

The Paris-based International Energy Agency (IEA) estimated the plunge will be of the order of one-fifth from 2019 levels, or almost $400 billion.

Star Bulk Carriers Corp. (SBLK) CEO Petros Pappas on Q1 2020 Results - Earnings Call Transcript

Star Bulk Carriers Corp. (NASDAQ:SBLK) Q1 2020 Earnings Conference Call May 27, 2020 11:00 AM ET Company Participants Petros Pappas - Chief Executive Officer Ha

Hopes of economic revival give markets 3rd straight win

Department store chains, which took some of the market’s worst losses this year, surged amid optimism that life can inch back toward normal.

Sharp positive reversal in US dollar appetite hints at mounting stress

Sharp positive reversal in US dollar appetite hints at mounting stress

Rally in bank stocks purely a function of F&O expiry: Sana Securities

‘It seems to be some kind of herd mentality and that could be one reason for todays move

“The Market” Isn’t the Same as “Stocks”

Can we trust this market rally ... and why you may not have to. Investors should stay focused on stocks within the market, not "the market" itself.

Looks Like adidas Has Found Its Bottom Now

Urgently needs liquidity. What was unusual, however, was that the company was unable/unwilling to issue bonds due to a lack of credit ratings. This has extremel

Energy investment on pace for record decline, IEA analysis says

May 27 (UPI) -- Global energy investment could sink to its lowest level in history due to fallout from the coronavirus pandemic, the International Energy Agency said in an annual report Wednesday.

Wall Street rises with economic hopes; bank stocks jump

NEW YORK, May 28 — US stocks rose yesterday, with the S&P 500 closing above 3,000 for the first time since March 5, as the further easing of lockdowns lifted optimism for an economic recovery. Bank stocks powered the day’s advance, with the S&P 500 financial index leading gains among...

Stocks, euro rise on massive EU stimulus plan

Unrest in Hong Kong over Beijing's proposed national security laws weighed on global shares and oil prices on Wednesday, offsetting optimism about ...

Virus sparks record drop in energy investment: IEA

The energy industry is set to suffer a record drop in investment due to the coronavirus fallout, the IEA said on Wednesday, and while renewables are likely to fare better than oil, any swift economic recovery could create a global fuel crunch. In its annual report on energy investments, the…

Market Update: Sensex surrenders opening gains, drops over 60 points

Virus sparks record drop in energy investment: IEA

All the energy sectors -- oil, gas, renewables -- everything is affected but the biggest impact is on shale oil, the agency's director Fatih Birol said

Sensex ends 995 points higher on short covering, banking stocks outperform

Earlier indices turned volatile amid weakness in SGX Nifty and lost morning gains. However, bourses climbed in the last hour of session on Wednesday, amid buoyancy in overseas markets and heavy buying in banking and financials.

Virus sparks record drop in energy investment – IEA

The International Energy Agency estimates global energy investment may plunge by almost $400 billion in 2020

Venus Concept Inc.: A COVID-19 Casualty That Makes A Case For Recovery

Venus Concept develops, commercializes, and delivers minimally invasive and non-invasive medical aesthetic and hair restoration technologies and related aesthet

Virus sparks record drop in energy investment: IEA

The energy industry is set to suffer a record drop in investment due to the coronavirus fallout, the IEA said on Wednesday, and while renewables are likely to fare better than oil, any swift economic ...

IEA forecasts a 20% drop in global energy investment in 2020

The Paris-based IEA said this could have serious repercussions for energy security and the transition to clean energy as the global economy recovers from the pandemic

Global spending on oil to drop by $1 trillion in 2020 says IEA

Investment in energy sector will see its biggest drop this year says the agency

Coronavirus Stock Market Bargains: Xerox Stock

Xerox stock has lost $4.5B of value in the recent selloff. Forward-looking estimates indicate that only $2.7B of value loss was warranted. XRX has poor price mo

Sensex rallies 996 points ahead of F&O expiry; Nifty tops 9,300

The BSE Sensex rallied 996 points on Wednesday, led by massive gains in banking and IT stocks ahead of the expiry of monthly derivatives amid firm overseas cues. After hitting a high of 31,660.60 duri

Global energy investment may see a record fall in 2020 over Covid-19: IEA

Governments are easing restrictions put in place to curb the spread of the virus after the confinement of around 3 billion people brought the global economy to a near standstill

S&P BSE Sensex NSE Nifty 50 LIVE Sensex Nifty Close 3% Higher, Break 2-Day Decline Amid COVID-19

Domestic stock markets soared more than 3 per cent on Wednesday backed by strong buying interest in banking stocks. The S&P … S&P BSE Sensex NSE Nifty 50 LIVE Sensex Nifty Close 3% Higher, Break 2-Day Decline Amid COVID-19 Read More »

Global energy investment expected to tumble 20pc in 2020 due to Covid-19 crisis, says IEA

PARIS, May 27 — Global energy investment is expected to plunge by around 20 per cent or US$400 billion (RM1.74 trillion) in 2020, its biggest fall on record, because of the new coronavirus outbreak, the International Energy Agency (IEA) said today. The Paris-based IEA said this could have serious...

Opening Bell: U.S. Futures, Stocks Jump On More Stimulus, Economic Restarts

Market Overview Analysis by Investing.com (Pinchas Cohen/Investing.com) covering: EUR/USD, GBP/USD, USD/JPY, XAU/USD. Read Investing.com (Pinchas Cohen/Investing.com)'s latest article on Investing.com

Global energy investment expected to tumble 20% in 2020 due to COVID crisis: IEA

PARIS (Reuters) - Global energy investment is expected to plunge by around 20% or $400 billion in 2020, its biggest fall on record, because of the new coronavirus outbreak, the International Energy Agency (IEA) said on Wednesday.

Montage Resources: Swearing Off Debt Addiction

Current management knows first hand what too much debt can do to a company's survival chances. The EBITDAX ratio of 1.9 will creep upward during the current fis

Japan eyes fresh US$1.1t stimulus to combat pandemic pain

TOKYO, May 27 — Japan will compile a fresh stimulus package worth US$1.1 trillion (RM4.8 trillion) that will include a sizable amount of direct spending to cushion the economic blow from the coronavirus pandemic, a draft of the budget obtained by Reuters showed today. The stimulus, which will be...

Is Northern Oil And Gas Worth The Risk At This Price

We discuss Northern Oil and Gas's unique business model and how it may be a strategic advantage. We lay out the company's history of share dilution and will let

Stock markets in retreat as China-US tensions return to fore

Asian equities mostly fell Wednesday as profit-taking and worries about deteriorating China-US relations outweighed optimism over the gradual reopening of economies around the world.

Japan eyes fresh $1.1t stimulus to combat pandemic pain

The stimulus, which will be funded partly by a second extra budget, will be on top of a $1.1 trillion package already rolled out last month.

U.S. Stocks End Rally With China Tensions Rising: Markets Wrap

U.S. stocks erased gains and ended lower after President Donald Trump said he’d hold a press conference Friday to discuss China, potentially stoking tensions between the world’s two largest economies.

Virtu Financial: Examining Possible Investment Thesis And Strategy

Virtu has shown attractive characteristics as a hedge against volatility and as income play. While the stock has not yet gone through prolonged recession and be

Stock markets in retreat as China-US tensions return to fore

Asian equities mostly fell Wednesday as profit-taking and worries about deteriorating China-US relations outweighed optimism over the gradual reopening of economies around the world.  

Microsoft: Entering Another Lost Decade

Microsoft rallied after solid FQ3 results. The company pulled forward revenues with less-than-impressive results forecast for FQ4. The stock is set up for anoth

The close: Markets rise with economic hopes; RBC reclaims top spot as Canada’s most valued stock

Strength in the financial sector offset losses in the materials sector

Indices post biggest jump in 7 weeks on banking stocks rally, global cues

Sensex gains 996 points as banking stocks rally

Stock markets mixed as China-US tensions return to fore

Equities were mixed Wednesday as profit-taking and worries about deteriorating China-US relations were weighed against optimism over the gradual reopening of economies around the world.

Dow closes 550 points higher, as investors look past dismal economic data and escalating U.S.-China tensions

Major U.S. stock benchmarks roared higher Wednesday, despite the battered state of the economy and rising tensions between Beijing and Washington as...

SL Green: Buy Manhattan's Largest Office Landlord At A Steep Discount

SL Green Realty is the largest office landlord in Manhattan and managed by a crew who has worked together through several previous crises. A 9% yield looks to b

Investor wealth surges by Rs 2 lakh crore as markets rally

India Business News: Investor wealth surged by Rs 2,01,549.38 crore on Wednesday following a rally in the broader market. The 30-share BSE Sensex settled 995.92 points or

The IEA warns global energy investment will fall by $400 billion in 2020, the biggest drop in the sector's history, Business Insider - Business Insider Singapore

Business Insider - Before the crisis, the IEA was expecting global energy investment to increase by 2% now it expects a decline of 20% compared to last year.. Read more at businessinsider.sg

Japan's new stimulus package to be worth ¥117.1 tril

Japan will compile a new 117.1 trillion yen ($1.1 trillion) stimulus package that includes significant direct spending, to stop the coronavirus pandemic pushing the world's third-largest economy deeper into recession, a budget draft seen by Reuters showed on Wednesday. The stimulus, which will be funded partly by a second extra…

Peloton Stock Is Only a Buy On the Next Pullback

PTON stock has rallied as demand has skyrocketed. But the rally looks like it's gone a bit too far. Investors would do well to stay patient.

Stock markets mixed as China-US tensions return to fore

HONG KONG, May 27 — Equities were mixed today as profit-taking and worries about deteriorating China-US relations were weighed against optimism over the gradual reopening of economies around the world. Hong Kong extended losses as police fired pepper-ball rounds as anti-China protesters took to...

The IEA warns global energy investment will fall by $400 billion in 2020, the biggest drop in the sector’s history

Global investment in the energy sector is expected to plunge by almost $400 billion in 2020 compared to last year as the pandemic takes a beating on the energy sector, the International Energy Agency warned on Wednesday.

Rally in financials, F&O expiry: Here's why Sensex rallied 996 points today

NSE's Nifty50 index ended at 9,315, up 286 points or 3 per cent.

Stocks in news: Torrent Pharma, Blue Dart, Sun Pharma, Dabur, United Spirits, Bharti Airtel, VIP Industries among others

Stocks in news today on May 27: Torrent Pharma, Blue Dart, Sun Pharma, Dabur, United Spirits, Bharti Airtel, VIP Industries among others are the top stocks to watch out for in Wednesday's trading session

Indian banks need $20 billion additional capital as credit quality weakens: Credit Suisse

The lenders would require extra capital in the coming 12 months as credit quality declines, resulting in wider provisioning

PNM Resources, Inc.: Running In Place With A Heavy Burden

PNM is currently fairly valued to 22% overvalued depending on approach. PNM's financial health and solvency is a major point of concern. Further market volatili

Sensex, Nifty turn volatile; 10 things to know about today's trend

Markets were mixed overseas as investors fretted upon the rising geopolitical trade tensions between US and China. Markets have become volatile worldwide on the back of mounting fears over economic impact of coronavirus, suggest experts

51job: Despite Short-Term Pain, Long-Run Perspectives Look Bright

Several structural big-picture drivers are in place to give material tailwinds to recruitment services market in China. 51job and Zhaopin are the top dogs in te

Rupee Edges Lower To Close At 75.71 Vs Dollar Amid COVID-19 Lockdown

The rupee is down 6.10% against the dollar so far this year After starting the day nearly unchanged at 75.67 … Rupee Edges Lower To Close At 75.71 Vs Dollar Amid COVID-19 Lockdown Read More »

Deepak Nitrite rises over 5% on strong March quarter nos, pares gains later

The company's revenue from operations (sales), on a consolidated basis, rose 4.69 per cent to Rs 1,055.54 crore for the quarter under review

Genesis Energy LP: Too Risky For The Current Environment

Even though it shows some rebound after March lows, Genesis Energy LP remains a risky buy in the current environment. The stock shows high volatility and a high

BMO, RBC Q2 profit down from a year ago as provisions for credit losses soar

Bank of Montreal and Royal Bank of Canada both revealed Wednesday that their second-quarter profits had fallen from a year ago amid surges in their provisions for credit losses -- money set aside to account for unpaid or 'bad' loans.

Japan approves fresh $1.1 trn stimulus to combat Covid-19 economic fallout

The latest package includes 33 trillion yen in direct spending, the Ministry of Finance (MOF) said.

Japan eyes fresh $1.1 trillion stimulus to combat pandemic pain

TOKYO — Japan will compile a new $1.1 trillion stimulus package that includes significant direct spending, to stop the coronavirus pandemic pushing the world’s third-largest economy deeper into recession, a budget draft seen by Reuters showed on Wednesday.

3 Stocks to Buy After You Take Profits on Wayfair Stock

Wayfair stock benefited from the novel coronavirus and is up big year to date. It’s time to consider other stocks. 

Sun Pharma's Q4 pre-tax profit down 17% at Rs 577 cr on multiple one-offs

Revenues in the US market, its largest geography, came in at $375 million down 15 per cent, though the year ago period had a high base due to a one-time contribution of specialty products

Hershey: Strong Cost Advantages Will Power The Company Forward

Hershey has experienced steady growth over the years due to its large market share in the United States. The company has shown a willingness to innovate in onli

Japan eyes fresh $1.1 trillion stimulus to combat pandemic pain

Japan will compile a fresh stimulus package worth $1.1 trillion that will include a sizable amount of direct spending to cushion the economic blow from the coronavirus pandemic, a draft of the budget obtained by Reuters showed on Wednesday. The stimulus, which will be funded partly by a second extra

Stock indexes rise on optimism of recovery, shrink back

US stock indexes rose at the open on Wednesday as a pickup in business activity fueled hopes of a post-pandemic economic recovery, but marts later gave up some of their gains as investors remained

Indian Banks may need $20-50 bn capital over next 1-2 years as bad loans set to rise

Fitch Ratings has pegged the total capital requirement for India's banking sector at $50 billion.

Japan approves fresh $1.1 trillion stimulus to combat pandemic pain

TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe’s cabinet approved on Wednesday a new $1.1 trillion stimulus package that includes significant direct spending, to stop the coronavirus pandemic pushing the world’s third-largest economy deeper into recession.

Taking care of your retirement savings so that these savings make the degree of difference

Around 100 years ago, the average life expectancy was approximately 50 years. Nowadays, an ever-greater number of people are reaching their 100th birthday. Thanks to advances in healthcare technology over the past century, the world’s population has experienced a marked increase in longevity and, while it is rather unnerving to think of one’s own mortality, most of us underestimate the investment horizon that needs to be planned for in retirement.

Sensex, Nifty Nifty Likely To Open Flat

At 8:04 am, the SGX Nifty futures were down 13.50 points - or 0.15 per cent - at 9,034.50, ahead of the opening of Indian markets.

Japan approves fresh $1.1 trillion stimulus to combat coronavirus pain

The record stimulus of 117 trillion yen, which will be funded partly by a second extra budget, followed another 117 trillion yen package rolled out last month.

Dabur Q4 results: Profit declines 14% YoY to Rs 319 crore, misses estimates

Revenue from operations for the quarter fell to Rs 1,865.36 crore from Rs 2,128.19 crore in the year-ago quarter.

Japan's new budget to include US$302b in direct spending, reports Mainichi

TOKYO, May 27 — Japan's government plans to include US$302 billion (RM1.32 trillion) in direct spending under a second extra budget to be compiled today, to cushion the economic blow from the coronavirus pandemic, the Mainichi newspaper reported. The 32.5 trillion yen (RM1.32 trillion) in...

Sensex surrenders opening gains, drops over 60 points; Nifty near 9,000 level

NSE Nifty fell 13.70 points.

Share Market LIVE: Nifty reclaims 9,300, Sensex leaps 1,000 points; Axis Bank surges 14%, ICICI Bank jumps 10%

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmark indices BSE Sensex and Nifty 50 again turned positive in Wednesday's trade

The 3 Best Stocks for Beginning Investors

Beginning investors can profit from stable blue chip firms with consistent dividends. Find out which stocks make the grade.

RBC profit falls 54% as loan-loss provisions spike amid COVID-19 pandemic

Canada’s biggest bank set aside $2.83-billion in provisions for credit losses, up 558 per cent from $426-million a year ago

Japan approves fresh $1.1-trillion stimulus to combat economic impact of coronavirus

The record stimulus of 117 trillion yen, which will be funded partly by a second extra budget, followed another 117 trillion yen package rolled out last month

National Bank reports Q2 net income of $379 million, beats analyst expectations

National Bank of Canada's net income plunged 32 per cent in its second quarter as it put aside five times the provisions for credit losses than it did a year ago due to the economic storm triggered by the COVID-19 pandemic.

G20 finance projects give $77b a year to fossil fuels: Watchdog

The analysis showed that China, Japan, Canada and South Korea were the worst offenders.

Japan doubles down on stimulus with extra $1 trillion in aid

Package includes financing for companies, rent subsidies and healthcare assistance

Debt downgrades can push India bank fund raising to $20 billion

State-run banks will need $13 billion from the government to recapitalize.

G20 finance projects give $77 bn a year to fossil fuels: watchdog

Rich nations have used banks and development programmes to funnel at least $77 billion in each of the last three years to oil and gas projects .

Dow climbs 350 points as investors cheer efforts to boost global economies

US stocks rose on Wednesday as investors were encouraged by signs that global authorities were taking measures to boost economies. The European ...

China Online Education Group (COE) CEO Jack Jiajia Huang on Q1 2020 Results - Earnings Call Transcript

Start Time: 08:00 End Time: 08:55 China Online Education Group (NYSE:COE) Q1 2020 Earnings Conference Call May 26, 2020, 08:00 AM ET Company Participants Jack J

India may need to pump Rs 1.5 trn into coronavirus-hit state banks: Report

"The situation is very grim," the source said, adding that banks would require fresh funds soon

Oil falls on U.S.-China tensions over Hong Kong

Brent crude fell 45 cents, or 1.2 per cent, to $35.72 a barrel by 0906 GMT and U.S. West Texas Intermediate (WTI) crude was down 26 cents, or almost 1 per cent, at $34.09

India may need to pump Rs 1.5 L crores into coronavirus-hit state banks

India may need to inject up to Rs. 1.5 lakh crore ($19.81 billion) into its state-owned lenders as their pile of soured assets is expected to double during the coronavirus pandemic, three government

India may need to pump $20 bln into coronavirus-hit state banks: Sources

India may need to inject up to 1.5 trillion rupees ($19.81 billion) into its state-owned lenders as their pile of soured assets is expected to double during the coronavirus pandemic, three government

India may need to pump Rs 1.5 lakh crore into coronavirus-hit state banks

India may need to inject up to Rs 1.5 lakh crore ($19.81 billion) into its state-owned lenders as their pile of soured assets is expected to double during the coronavirus pandemic, three government

3 Reasons to Buy Stocks Right Now

Are you debating whether it's a good time to buy stocks? Here's why sitting on the sidelines doesn't make sense.

India may need to pump $20 billion into coronavirus-hit state banks

The capital plans were still being discussed and a final decision could be taken in the second half of the fiscal year, a second government source said.

Favourable Mix And Input Deflation Bolster Michelin Until An Aftermarket Recovery

Automotive is a rough industry in the COVID-19 environment due to its cyclical nature and ability for customers to defer auto purchases. However, tire sales mig

Government may need to pump $20 billion into coronavirus-hit state banks: Report

MUMBAI/NEW DELHI: India may need to inject up to Rs 1.5 lakh crore ($19.81 billion) into its state-owned lenders as … Government may need to pump $20 billion into coronavirus-hit state banks: Report Read More »

S&P/TSX composite down as materials sector falls, U.S. stocks mixed

Canada's main stock index recovered from early trading weakness Wednesday to move to its highest closing in nearly three months on the strength of the heavyweight financials sector.

Birla Corporation share price rockets 40% in two days, cement shares gain as demand picks up

Among other cement and cement products stocks, Dalmia Bharat shares surged 8 per cent and Anjani Portland Cement shares advanced 11.42 per cent.

United Spirits Q4 down 57.8% to Rs 49.3 crore

The company had posted a net profit of Rs 116.9 crore in the January-March quarter a year ago, United Spirits Ltd (USL) said in a regulatory filing.

Debt downgrades can push India bank fund raising to $20 billion

A legacy of bad loans, a shadow banking implosion and a historic bank bailout in March have left Indian lenders weakened coming into the coronavirus lockdown.

India may need to pump $20 billion into coronavirus-hit state banks: Sources

The government initially considered a budget of around 250 billion rupees for bank recapitalisations but that has risen significantly, a senior government source with direct knowledge of the matter said, with loan defaults likely to rise as businesses take a severe hit from nationwide lockdowns to tackle the coronavirus.

Global stocks rise as lockdown measures ease further

Stock markets rose on Wednesday as more easing of coronavirus lockdowns created a positive buzz on trading floors, analysts said.

S&P 500 rises on boost from bank shares

The S&P 500 edged higher in choppy trading on Wednesday as optimism over a pick up in business activity helped offset worries over simmering ...

7 American ETFs for the Hometown Crowd

American ETFs stocks are again outpacing their international rivals, giving some credibility to having a home country bias.

Bank of Montreal profit sinks as more than $1.1-billion earmarked to cover potential loan losses

Profit for the three months ended April 30 was $689-million, or $1 per share, compared with $1.5-billion, or $2.26 per share, a year earlier

Wall Street gains amid economic hopes; tech shares decline

The S&P 500 edged higher in choppy trading on Wednesday as optimism over a pick up in business activity helped offset worries over simmering ...

Weak Apparel Makers To Avoid

Recessions are typically hard on apparel makers, with inventory adjustments and falling sales. The COVID-19 economic shutdown and physical retail disruption in

10 Value Stocks to Buy From the Vanguard U.S. Value Factor ETF

The gap between expensive stocks and cheap value stocks to buy is wider than it has ever been. That's an opportunity for investors.

BMO reports Q2 profit down from year ago as provisions for credit losses rise

BMO Financial Group reported a second-quarter profit of $689 million, down from $1.5 billion a year ago, as it increased the amount set aside for bad loans due to the pandemic.

Retail Opportunity Investments Is Stronger Than It Looks

ROIC has fallen dramatically on news of weak rent collection. Our analysis suggests the low percent of rent collected was more related to moratoriums in ROIC's

Royal Bank Q2 profit cut to $1.48 billion compared with $3.23 billion a year ago

A massive increase in provisions for bad loans due to the COVID-19 pandemic resulted in Royal Bank of Canada reporting a 54 per cent decline in its second-quarter profit.

Chewy: Reaping The Benefit Of Stay-At-Home Measures

Chewy is the largest pure-play pet e-commerce player and it was approaching break-even EBITDA as of Q4 2019. The pandemic and WFH measures have resulted in more

Growth Is Crushing Value Right Now, But Take A Long-Term Horizon

So far this year, growth stocks are up 1.8 percent through May 27. Meanwhile, value stocks are still down more than 16.2 percent.

Nexstar Media Group Is A Buy

I think the shares of Nexstar Media Group are trading at a significant discount, given the sustainability of the dividend. With apologies to Taleb, I think this

Don't Get Ambushed By The FANG/FANMAG Factor

ETFs are supposed to be top-down portfolios oriented toward an asset class, a region, a line of business or a general combination of these. Holders of ETF share

Banks, financial stocks help Sensex, Nifty rise over 3%, check what propelled the rally on D-Street

Axis Bank was the top Sensex gainer, ending the session with a growth of 13.46 per cent. While Sun Pharma was the top Sensex laggard, after reporting Q4 earnings which were below expectations

Dunkin' Brands: Strong Brand At A Decent Price

Dunkin' has a strong brand that has allowed the company to grow steadily in the past. There will be uncertainty regarding customer consumption behaviour due to

BMO profits slide

BMO Financial Group reported a second-quarter profit of $689 million, down from $1.5 billion a year ago, as it increased the amount set aside for bad loans due to the pandemic.

Coromandel Int'l rallies 8%, hits 52-week high on strong Q4 results

Q4FY20 Ebitda surged 51 per cent to Rs 391 crore, while margins expanded 380 basis points to 13.6 per cent from 9.8 per cent in Q4FY19

Blue Dart: Muted volumes, revenues amid high costs to weigh on margins

Given the sharply lower operating performance, the company reported a loss (after adjustments) of Rs 8 crore as compared to analyst estimates which had pegged the profit number at Rs 30 crore

Government may need to pump $20 billion into coronavirus-hit state banks: Report

India Business News: India may need to inject up to Rs 1.5 lakh crore ($19.81 billion) into its state-owned lenders as their pile of soured assets is expected to double du

Why bonds are in great demand

Despite the high investor interest, it is important to understand bonds and the factors causing price movements in them.

Sensex rises 1,000 points as banking stocks shine

Axis Bank leads pack with 13.46% gain

Tech selloff weighs on S&P 500, Nasdaq

Wall Street's major indexes were set for another session of gains on Wednesday as a revival in business activity drove hopes of an economic ...

2 Dividend Picks From A Resilient REIT Sector

These 2 industrial REITs have collected almost all their rents during April. The triple-net lease model combined with long leases make the cashflows more predic

A Selection Of Appealing Nanocaps

We discuss a selection of nanocap companies with operational and valuation attributes which make them appealing to certain types of investors. Three community b

"Innovation Should Be Given a Boost Through Tax Incentives"

In the middle of the current pandemic, India has emerged as a credible supplier of essential medicines

Global Yields For Stocks And Bonds

The U.S. stock market has continued its decade-plus of dominance versus global peers during the 2020 sell-off despite a less-than-stellar domestic response to t

Investors hot in pursuit of ETFs

The demand for exchange traded funds has held up well despite the virus-induced crisis in the markets.

RBC profit falls 54 per cent

A massive increase in provisions for bad loans due to the COVID-19 pandemic resulted in Royal Bank of Canada reporting a 54 per cent decline in its second-quarter profit.

Global stocks mixed on unease over Hong Kong security law

Benchmarks in Shanghai and Hong Kong retreated after the White House said a proposed national security law might jeopardize the Chinese territory's status as a global financial center.

Group of 20 finance projects give $77 billion a year to fossil fuels

The analysis showed that China, Japan, Canada and South Korea were the worst offenders.

Chen Amit of Tipalti: “To develop resilience look for ways to learn from difficult experiences”

Look for ways to learn from difficult experiences. When you face a challenge in your career or personal life, instead of shutting down or becoming defensive, look at the situation as a positive experience that will help you learn and grow. In this interview series, we are exploring the subject of resilience among successful business leaders. […]

What India must do to increase its competitiveness

Time-bound reforms would have a significant impact on competitiveness

Got $3,000? These 5 Beaten-Down Stocks Are Begging to Be Bought

Opportunity is knocking for investors with a long-term mindset.

SBI reduces FD rates by 40bps, RBI stops sale of 7.75% bond

India Business News: State Bank of India (SBI) has reduced interest rate on its term deposits of most maturities by 40 basis points (100bps = 1 percentage point). Followin

Upwork: Must Grow Faster

After slowing down in the second half of 2019, Upwork reaccelerated its growth in Q1 2020. Marketplace revenue made up 90% of the business and grew by 24% YoY.

A Simple Retirement Portfolio - 5 Funds, Lower Risk, Market-Beating Performance

Vanguard provides investors with a suite of target retirement funds that can fulfill the investment needs of retirees of any age. These funds are cheap, safe, a

Torrent Pharma slips 6% on profit-booking; outlook remains a concern

Unlike peers, Torrent Pharma guided for a relatively moderate outlook across geographies, note analysts at Emkay Global Financial Services.

Wall St rises with economic hopes; bank stocks jump

By Caroline Valetkevitch (Reuters) - U.S. stocks rose on Wednesday, with the S&P 500 closing above 3,000 for the first time since March 5, as the further easing of lockdowns lifted optimism for an economic recovery

AUD/USD trades with modest losses, just below mid-0.6600s

The AUD/USD pair edged lower on Wednesday and retreated further below mid-0.6600s, eroding a part of the previous day's strong positive move to 2-1/2-

Coromandel International's Q4 PBT rises 91%, total income up 8.84%

The total income for the quarter rose 8.84 per cent to Rs 2880.82 crore from Rs 2646.96 crore in the year ago period.

Harvest Health: Licking Its Wounds

Focus on core markets. Cost-cutting and liquidity. Disappointing growth prospects.

Building An Adaptive Retail Enterprise For Day 2

Many experts and business leaders believe that this chapter will accelerate the pace of digital transformation, align business and technology behind common strategic objectives, and determine the winning and losing consumer brands of our time.

USD/CAD recovers early lost ground, turns neutral around 1.3770-75 region

The USD/CAD pair has managed to rebound around 40 pips from daily swing lows and was last seen trading nearly unchanged for the day, comfortably above

Gold slips below $1700 mark, over 2-week low

Gold dropped to fresh two-week lows in the last hour, with bears now looking to extend the downward trajectory further below the $1700 mark. A combina

Market movers: Stocks that saw action on Wednesday - and why

Royal Bank of Canada and Bank of Montreal both rise in early trading after releasing disappointing quarterly results

Macerich Can Make You Rich Using Naked Puts

Most mall REITs aren't attractive, but Macerich has a lot going for it. All of its malls should be open by mid-June. Pent-up consumer demand will bring Macerich

Intuitive Surgical: The Growth Leader In Surgical Robotics

Intuitive Surgical is the global leader in surgical robotics. The company has produced outstanding growth rates in both revenue and cash flow over the years. In

How to rescue Nigeria from deep economic recession (2)

According to the NBS, the recession could be as deep as -4.4 percent GDP growth for the year, though FG hopes to reduce the contraction.

RIL, ITC keep Sensex, Nifty under pressure; check what’s keeping investors edgy today

ITC, Reliance Industries, M&M, Asian Paints and Maruti Suzuki were among the top contributors towards today's fall

Dabur Q4 profit slides 24% due to Covid-19 impact

FMCG major Dabur India on Wednesday reported a consolidated net profit of ₹281 crore for the quarter ended March 31, down 24 per cent year-on-year (YoY), due to the adverse impact of Covid-19 and the

Stocks to watch: Deepak Nitrite, RIL, Sun Pharma, Titan, Tata Motors, Dabur

Here's a look at the stocks that may remain in focus today -

Value rotation was the last thing big funds thought would happen

Up 5.2 per cent this week, value stocks in the Russell 1000 Index are poised to beat their growth counterparts by the most in 11 years.

AUD/USD sits near 2-1/2 month tops, comfortably above mid-0.6600s

The AUD/USD pair maintained its bid tone through the mid-European session and was last seen trading comfortably above mid-0.6600s, just below 2-1/2-mo

Fanhua Inc. (FANH) CEO Chunlin Wang on Q1 2020 Results - Earnings Call Transcript

Fanhua Inc. (NASDAQ:FANH) Q1 2020 Earnings Conference Call May 26, 2020, 09:00 PM ET Company Participants Oasis Qiu - IR Manager Chunlin Wang - Chairman & C

Japan outlines fresh stimulus package for virus-hit economy

'With this world's biggest package equivalent to 40% of our GDP, we'll protect the Japanese economy through this once-in-a-century crisis,' says Prime Minister Shinzo Abe

Royal Bank Q2 profit cut to $1.48 billion compared with $3.23 billion a year ago

TORONTO — Royal Bank of Canada saw its second-quarter profit cut to less than half what it was a year ago as the amount it set aside for bad loans soared due to the pandemic. The bank says it earned $1.48 billion or $1.

Japan’s new stimulus package to be JPY117.1 trillion – Bloomberg

Citing a document outline the additional stimulus budget, Bloomberg reports that Japan’s new package is likely to be JPY117.1 trillion. more to come .

Stocks in focus: RIL, Bharti Airtel, Sun Pharma, Titan, United Spirits among others to remain in news

Dabur India, Sun Pharmaceutical, Aditya Birla Fashion, JP Associates and Tata Investment Corporation are among 21 companies that slated to announce their March quarter earnings today.

Banks would need additional capital buffer of $20 bn, says Credit Suisse

Slippage of 20% on loans under moratorium to weigh on capital ratios

Gold trades with modest losses, holds above $1700 amid escalating US-China tensions

Gold dropped to fresh two-week lows during the early European session and was last seen trading with modest losses, just above the $1700 mark. The com

FX Weekly: Calling For Chinese Help

The FANG+ stocks trade is getting crowded as the index is trading back to pre-COVID-19 highs. The recovery will take longer than governments expect due to socia

Wall Street frets as ‘unloved’ stock rally powers on

While the benchmark S&P 500 index has surged 34 per cent from its March lows and the Nasdaq Composite is just 6 per cent short of record highs, investors are more bearish than they have been in years

Microsoft: On The Edge

Analysts remain optimistic about Microsoft. Now it’s rare enough. MSFT's price is now balanced relative to the main blue chips on Nasdaq. The capitalization of

Current crisis calls for a revised Union Budget

The provisions included in the Budget fro 2020-21 are insufficient to boost growth in light of the Covid-19 pandemic. Focus should be on stimulating economic activity and creating employment

Ulta Beauty: More Headwinds Expected Due To COVID-19

Ulta Beauty is the category leader in beauty retail and has historically grown successfully through new store openings and increasing sales. However, Ulta exper

SPDR Portfolio S&P 500 Growth ETF's Exposure To Technology Stocks Is Advantageous

SPYG invests in large-cap growth stocks in the S&P 500 Index. The fund’s relatively lower exposure to cyclical sectors is advantageous as the impact of COVID-19

Factbox: Key spending in Japan's second stimulus package of $1.1 trillion

TOKYO (Reuters) - Japan’s cabinet approved on Wednesday a fresh stimulus package worth $1.1 trillion, among the world’s largest fiscal plans to cushion the economic blow from the coronavirus pandemic.

LAIX, Inc. (LAIX) CEO Yi Wang on Q1 2020 Results - Earnings Call Transcript

LAIX, Inc. (NYSE:LAIX) Q1 2020 Earnings Conference Call May 26, 2020, 21:00 ET Company Participants Chuhan Wang - Head, IR Yi Wang - Chairman & CEO Bing Sun

Arbor Realty Trust: Undervalued

Q1 earnings were released on May 8, 2020, with the company posting solid figures. The company's performance seems set to improve in Q2 based on current trends.

Short covering or a catch-up rally? What drove Sensex up 996 points

Among the blue chips, bank and financial stocks were in heavy demand.

Tata Investment Corporation posts net loss of Rs 36.75 crore in Q4 FY20

Total revenue from operations in the quarter under review stood at Rs 21.41 crore as compared to Rs 24.59 crore in the corresponding period a year ago.

What's behind the bank rally

The three forces driving the stunning rally in bank shares over the past few days speak to a change in the mood of local investors.  

Bendigo Bank saves $148m for COVID losses

Bendigo and Adelaide Bank has made allowances for an additional $148.3 million in credit losses flowing from the coronavirus and efforts to contain it.

Stocks - U.S. Futures Higher Ahead of May Business Surveys

Stocks - U.S. Futures Higher Ahead of May Business Surveys

Wall Street gains amid economic hopes; tech shares decline

By Caroline Valetkevitch (Reuters) - The Dow and S&P 500 rose on Wednesday, powered by banks stocks, as optimism for an economic recovery as lockdowns continued to ease overshadowed worries of simmering U.S.-China tensions. Declines in technology shares limited the advance, with the Nasdaq underperforming the other major indexes. The S&P 500 financial index provided the biggest boost to the benchmark index, sending it past the psychologically key 3,000 level in intraday trading for a second day in a row.

Oil slips on demand worries, Hong Kong tensions

Oil slips on demand worries, Hong Kong tensions

Digital Maturity Is Critical To Business Success – Now, More So Than Ever – Survey Finds

A new survey by Deloitte finds a connection between digital maturity and the financial performance of companies. Here we look at the key insights from the survey and speak with Deloitte’s chief innovation and digital officer Ragu Gurumurthy.

SBI simplifies EMI moratorium process, starts notifying eligible borrowers via SMS

SBI on Wednesday said it has simplified the equated monthly instalment (EMI) deferment process for eligible borrowers who want to avail moratorium on term loan repayments. It has reached out to all

XLE: Energy Stock Comeback Has Begun

Energy stocks are dirt cheap relative to the overall market based on current oil prices, suggesting XLE outperformance versus SP500 even in the absence of an oi

Oil prices slip on demand worries even as Covid lockdowns begin to ease

Brent crude futures fell 21 cents, or 0.6 per cent, to $35.96 by 0120 GMT. US West Texas Intermediate (WTI) crude futures were down 31 cents, or 0.9 per cent, at $34.04 a barrel

USD/CAD struggles near 2-1/2 month lows, just above mid-1.3700s

The USD/CAD pair traded with a mild negative bias through the early European session, with bears flirting with 2-1/2-month lows, just above mid-1.3700

Asian markets in retreat as China-US tensions return to fore

Markets are concerned about another flare-up in Hong Kong on a controversial security law

S&P 500 rises on boost from bank shares

S&P 500 rises on boost from bank shares

USD/JPY on the defensive around mid-107.00s, below 50-DMA

The USD/JPY pair extended its sideways consolidative price action on Wednesday and remained confined in a narrow trading band around mid-107.00s. The

Occidental Petroleum - Africa Asset Sales Collapse, What's Next?

Roughly $4 billion in Occidental Petroleum's planned asset sales haven't panned out in Africa. These asset sales were supposed to pay down debt. Fortunately, cr

Tractor Supply Company Is Thriving

Tractor Supply offered Q2 update that is expecting record-breaking sales and earnings Fresh off a stellar Q1, the second quarter is supposed to easily trump tha

Dow rises on reopening hopes, extending rally

NEW YORK, May 27 — Wall Street stocks were mostly higher early today on continued optimism about the reopening of the US economy as investors shrug off rising tensions between Washington and Beijing. About 15 minutes into trading, the Dow Jones Industrial Average stood at 25,308.55, up 1.3 per...

7 Big Little Lies Of The Modi Government’s Coronavirus Economic Relief

HuffPost India spoke to experts and read the fine print to find the Modi government has failed to put its money where its mouth is.

ETFs pave the road for those seeking diversification

ETFs are popular because they are simple and inexpensive, but their main failing is that they don't exclude low-performing components.

BoJ's bond holdings edge towards the size of Japan's economy

BoJ's bond holdings edge towards the size of Japan's economy

Covid-19 Blows a $400 Billion Hole in Global Energy

Investment in oil and gas supply is in retreat, creating an opportunity to do things differently in the recovery.

Property professionals must see technology as an opportunity, not a threat

Over the past 10 weeks, digital platforms have played a key role in sector

Cash isn’t what it used to be

If SA can't get its budget deficit under control, how do investors preserve their capital?

Asia stocks mixed on uncertainty over Hong Kong security law

Asian stock markets were mixed Wednesday as U.S.-Chinese tension over Hong Kong competed with optimism about recovery from the coronavirus pandemic.

US dollar edges higher as US, China worries resurface

TOKYO, May 27 — The US dollar edged higher today as worries about the US response to China's proposed security law for Hong Kong supported safe-haven demand for the greenback. The euro held gains against the dollar and the pound but faces a severe test when the European Commission is expected to...

SBI Simplifies Loan EMI Deferment Process. Here Is How To Do It

State Bank of India has simplified the process of stopping the EMIs by initiating an SMS communication to nearly 85 lakh eligible borrowers.

OIGARA: KCB Group remains resilient even in the face of a difficult period

The crisis will perhaps accelerate investments in digital channels.

Bharti Telecom sells 2.75% stake in Airtel

Bharti Telecom has sold 2.75 percent stake in Airtel to institutional investors in the secondary market, raising over Rs 8,433 crore

Micron: Big Bets Are Being Placed

Institutional investors collectively bought about 3.5% (net buying) of Micron's total shares outstanding in the last 13F cycle. Moreover, 11 of Micron's 15 larg

Sun Pharma Q4 profit declines 37% to Rs 399 cr on one-time exceptional loss

The company had posted a net profit of Rs 635.88 crore in the same period previous fiscal, Sun Pharma said in a BSE filing

Global stocks mixed on unease over Hong Kong security law

Global stock markets were mixed Wednesday as U.S.-Chinese tensions over Hong Kong vied with optimism about recovering from the coronavirus pandemic.

Lam Research: Strong Cost And Pricing Advantages Improve Outlook

Lam Research has outperformed the S&P 500 over the past 10 years due to its scale advantages. The company has a strong liquidity position and cash flow generati

EUR/USD Volatility May Fall, Yet Bearish Trend Remains Intact

Markets are now rallying as global risk sentiment improves. Liquidity remains high, while interest rates have been cut across the world (in response to the rece

Bharti Airtel block deal: Now, Sunil Mittal’s telecom group looks to go debt-free after Mukesh Ambani’s RIL

Bharti Airtel’s promoter firm Bharti Telecom raised Rs 8,433 crore on Tuesday, selling 2.75% stake in the telecom major to institutional investors through an accelerated book building process in the secondary market.

Dow climbs 325 points as investors cheer efforts to boost global economies, Business Insider - Business Insider Singapore

Business Insider - The European Commission proposed on Wednesday a $826 billion stimulus package intended to aid recovery from the ongoing recession.. Read more at businessinsider.sg

BMO reports Q2 profit down from year ago as provisions for credit losses rise

TORONTO — BMO Financial Group reported a second-quarter profit of $689 million, down from $1.5 billion a year ago, as it increased the amount set aside for bad loans due to the pandemic.

GEO Group: Uninvestable Until A Dividend Cut As Deleveraging Or A Buyback Is A Better Use Of Capital

GEO is guiding negative FCF after paying dividend in FY2020. GEO's leverage ratio is running against its covenant at FY2020 guidance. The cost of debt is higher

Teekay Tankers: A Story Of Very Rapid Deleveraging

Teekay Tankers generated over $240M of free cash flow in the last two quarters (the current market cap is below $575M). Strong free cash flow is also expected i

Airtel's stake sale to get ready for a bigger fight with Jio

Analysts say that the idea behind Bharti Telecom's deleveraging is to fortify the promoter firm when financial conditions are deteriorating for companies across the board

Digital strategies key for retail to survive a shifting consumer landscape

The world is in unchartered territory and as many businesses face the harsh reality of lockdown, we are beginning to accept that jobs will be lost, orders will be cancelled, and many doors will not be reopened.

European stocks surge on expectation of EU recovery package

US equity futures advance ahead of opening

States should come forward with Rs 20 lakh crore to battle COVID-19 disruptions: Nitin Gadkari

He further noted that work on national highways has been started on war-footing and the government plans to build highways worth Rs 15 lakh crore in the next two years.

Dow climbs 325 points as investors cheer efforts to boost global economies

US stocks rose Wednesday as investors were encouraged by signs that international authorities are taking measures to boost the global economy.

Bharti Telecom raises $1.1B from Airtel stake sale

Bharti Telecom, the holding company of India’s Bharti Airtel, sold a 2.75 per cent stake ...

Asia stocks mixed on uncertainty over Hong Kong security law

Major Asian stock markets were mixed Wednesday as U.S.-Chinese tension over Hong Kong competed with optimism about recovery from the coronavirus pandemic.Benchmarks in Shanghai and Hong Kong retreated after the White House said a proposed national security law might jeopardize the Chinese territory's status as a global financial center.“Mounting U.S.-China tensions bodes ominous for the global economy amid pandemic fragilities,” said Mizuho Bank in a report.Overnight, Wall Street closed at its highest level in nearly three months on hopes for economic recovery as more governments reopen factories, shops and other businesses.The Hang Seng index in Hong Kong sank 0.5% to 23,279.39 and the Shanghai Composite

ZW$ remains our best foot forward

At the rate at the Zimbabwe dollar (ZW$) is losing its intrinsic value, it may just be a matter of time before the country dollarizes, officially or non-officia...

Debt Funds: No Safety Tag

From the NBFC liquidity crisis in 2018 to collapse of six Franklin Templeton schemes, debt funds are no longer considered safe

More liquidity needed, states should come forward with Rs 20 trn: Gadkari

Efforts are on to develop vaccine for the coronavirus, Gadkari said, adding "we will have to learn the art of living with coronavirus"

When Is A Capital Gain Capital Consumption

There is an important difference between when the price of an asset rises due to an increase in value vs when it rises due to a drop in the interest rate. The d

States should come forward with Rs 20 lakh cr to battle COVID-19 disruptions: Nitin Gadkari

"More liquidity needs to be pumped in the market to boost the coronavirus-hit economy and states should come forward with Rs 20 lakh crore, while another Rs 10 lakh crore can be harnessed from public-private investment," Road Transport, Highways and MSME Minister Gadkari said.

Oil slips on demand worries, Hong Kong tensions

Brent crude futures fell 21 cents, or 0.6%, to $35.96 by 0120 GMT. US West Texas Intermediate (WTI) crude futures were down 31 cents, or 0.9%, at $34.04 a barrel.

Factors To Consider With REM, REML And Individual mREITs

The damage to the agency mREITs resulting from the sudden extreme decline in interest rates is now over. All mREITs are trading at deep discounts to book value.

Bharti Telecom sells 2.75% stake in Airtel for INR 84 bln, to fully repay debt

Bharti Telecom, the promoter company of Indian operator Bharti Airtel, has sold a 2.75 percent stake in Bharti Airtel to institutional investors through an accelerated book building process in the secondary market. The allocation was done to over 50 accounts, with the top 10 getting two-thirds of the overall allocation. The total sale proceeds of over INR 84.33 billion (approximately USD 1.15 billion) was over-subscribed multiple times with a mix of all categories of investors, long only and hedge fund investors across geographies in India, Asia, Europe and the US, Bharti Telecom said. 

Bharti Telecom sells 2.75% stake in Airtel for INR 84 bln, to fully repay debt

Bharti Telecom, the promoter company of Indian operator Bharti Airtel, has sold a 2.75 percent stake in Bharti Airtel to institutional investors through an accelerated book building process in the secondary market. The allocation was done to over 50 accounts, with the top 10 getting two-thirds of the overall allocation. The total sale proceeds of over INR 84.33 billion (approximately USD 1.15 billion) was over-subscribed multiple times with a mix of all categories of investors, long only and hedge fund investors across geographies in India, Asia, Europe and the US, Bharti Telecom said. 

Asia stocks mixed on uncertainty over Hong Kong security law

Asian stock markets were mixed Wednesday as U.S.-Chinese tension over Hong Kong competed with optimism about recovery from the coronavirus pandemic. Benchmarks in Shanghai and Hong Kong retreated after the White House said a proposed national security law might jeopardize the Chinese territory’s status as a global financial center. The…

States should come forward with Rs 20 lakh crore to battle COVID-19 disruptions: Nitin Gadkari

Gadkari said the economy is facing serious problems, businesses are being closed and unemployment is growing. All sections of the society, whether migrants, media, business persons or employees, are facing problems, but ultimately

WTI stays below $34.50, prints mild losses in Asia

WTI slips from the daily high to $34.20, down 0.23% on a day, while heading into the European session on Wednesday. The barrel of black gold recently

Galiano Gold: Digging Into The Q1 Results

Galiano Gold reported its Q1 results earlier this month, reporting quarterly gold production at its Asanko Mine JV of 66,300 ounces. While all-in sustaining cos

Beyond Meat: Earning A Meaty Profit

The higher profit margin for artificial meat is the main catalyst behind BYND's recent rally as its stock price fully recovers from the recent sell-off in March

MGNREGA Can’t Be The Modi Govt’s Only Answer To Migrant Jobs Crisis. An Economist Explains Why

Farzana Afridi of the Indian Statistical Institute on how the government should provide jobs to the migrants who have returned home.

My Top New England Bank Pick For The 2020s

Earlier this month, I had the opportunity to talk with Curtis Simard, President/CEO of Bar Harbor Bank & Trust, a $3.67 billion bank operating in Maine, Vermont

Worried about how to defer EMI? For SBI borrowers, this would be lot more easy

The demise of oil may have been greatly exaggerated

The pandemic sent shockwaves through the oil industry but there are reasons to believe the worst has passed.

Teekay LNG: Attractive Long-Term Cash Flow Visibility Will Move The Needle

Teekay LNG Partners reported solid results with record-high Q1 2020 adjusted net income (7th consecutive quarterly increase). Importantly, the TGP IDRs were eli

The Direxion Daily Jr. Gold Miners Bull 2X ETF Isn’t What You Think It Is

Thanks to the return of gold sentiment, leveraged ETFs like JNUG are suddenly on investors’ radar. But make sure you understand what you’re really buying.

The demise of oil may have been greatly exaggerated

The pandemic sent shockwaves through the oil industry but there are reasons to believe the worst has passed.

First Majestic Silver Is A Great Bet On Higher Silver Prices

If silver prices rise, First Majestic is well-positioned among major silver producers to see strong share performance. First Majestic has been improving operati

States need to Raise 20 Lakh Crore rupees to Fight Coronavirus -

Union Minister Nitin Gadkari on Wednesday said that in the wake of the crisis arising out of the Covid-19 pandemic,

Paul Krugman Is Pretty Upbeat About the Economy

In a Q&A, the Nobel-winning economist says the pandemic recovery probably won’t be like the one from the last recession.  

Big 5 Sporting Goods Corporation (BGFV) CEO Steve Miller on Q1 2020 Results - Earnings Call Transcript

Big 5 Sporting Goods Corporation (NASDAQ:BGFV) Q1 2020 Earnings Conference Call May 27, 2020 05:00 PM ET Company Participants Steve Miller - President and CEO B

Aditya Birla Fashion and Retail posts Q4 net loss of Rs 146.59 crore

Revenue from operations during the quarter under review stood at Rs 1,831.88 crore. It was at Rs 1,915.31 crore in the year-ago period, ABFRL said in a regulatory filing.

Wonderla's net profit falls in Q4 to 1.56 crore

Hyderabad: Amusement park operator Wonderla Holidays on Wednesday said it registered 77.68 per cent drop in its net profit to Rs 1.56 crore in the quarter ended March 2020 as against Rs 6.99 crore...

Market focus shifting to non-work from home stocks: Manish Singh

‘Completely battered and oversold stock will see a recovery now

Rs 20 lakh crore Covid-19 relief package: Missing demand

The package has a large role for RBI, with 40% of the amount mentioned being provided as liquidity by the central bank.

The demise of oil may have been greatly exaggerated

The pandemic sent shockwaves through the oil industry but there are reasons to believe the worst has passed.

Digital strategies key for retail to survive a shifting consumer landscape

The world is in unchartered territory and as many businesses face the harsh reality of lockdown, we are beginning to accept that jobs will be lost, orders will be cancelled, and many doors will not be reopened.

Kohl's Is In Trouble

KSS saw sales plummet more than 40% in Q1, with Q2 shaping up to be even worse. Looking further out, Kohl's is relying upon its digital business, but I don't th

Rupee slips 8 paise to 75.74 against US dollar in early trade

The rupee opened weak at 75.72 at the interbank forex market and then fell further to 75.74, down 8 paise over its last close.

IndiGrid Q4 net profit doubles to Rs 99.7 crore

Revenues for the quarter increased to Rs 328.4 crore from Rs 170.5 crore in Q4 FY2019, mainly on the back of value accretive acquisitions made by the infrastructure investment trust (InvIT) during the fiscal.

Wednesday’s analyst upgrades and downgrades

Inside the Market’s roundup of some of today’s key analyst actions

Buy Birla Corporation; target of Rs 610: ICICI Direct

ICICI Direct is bullish on Birla Corporation has recommended buy rating on the stock with a target price of Rs 610 in its research report dated May 26, 2020.

Rupee settles 5 paise lower at 75.71 against US dollar

The rupee depreciated 5 paise to settle at 75.71 (provisional) against the US dollar on Wednesday, as market participants were concerned about rising tensions between the US and China amid coronavirus

Investors pile into stocks that win in a full economic recovery

Signs are multiplying in the stock market that investors see the recovery from the coronavirus taking hold.

Climate Targets and Industry Participation in the Recovery

By Henrik Poulsen, Mads Nipper, and Lars Fruergaard Jørgensen  COPENHAGEN – The COVID-19 pandemic must not lead governments to lower their climate ambitions. Accelerating the transition to a low-carbon sustainable economy can both drive the recovery and build resilience for the future. Other countries could look to Denmark for inspiration on climate initiatives that will also contribute to economic recovery. The country is currently taking real action to achieve its target of reducing carbon dioxide emissions by 70% by 2030 and reaching zero net emissions by 2050. As the CEOs of Danish corporations with a global presence in renewable energy, water technology, and pharmaceuticals, respectively, we have been appointed by the Danish government to chair public-private “climate partnerships” created to pursue climate-policy goals. Our job has been to develop comprehensive roadmaps for reaching emissions-reduction targets within our respective sectors in the most cost-efficient way. Having chaired these partnerships…

Investor wealth surges by Rs 2 lakh crore as markets rally

Led by the rally in equity market, the market capitalisation of BSE-listed companies soared Rs 2,01,549.38 crore to Rs 1,23,62,539.79 crore.

Farmers Will Grow What Markets Want: What Modi Government’s Agriculture Reforms Will Achieve

To begin with, the change towards a demand-driven value chain, instead of a supply-driven one, is a gamechanger.

Prudent lenders like Axis Bank & Kotak Bank should keep some powder dry: SBICap Securities

‘The valuations at this point of time are fairly attractive across the financial sector

AUD/USD plummets to session lows, further below 0.6600 mark

The AUD/USD pair extended its sharp intraday pullback from the highest level since mid-March and dropped to fresh session lows, below the 0.6600 mark

Oil falls on demand concerns, US-China tensions

Oil prices fell on Wednesday on concerns over how quickly fuel demand will recover even as lockdowns ease in many countries with falling ...

How to move beyond the burden of legacy systems [Q&A]

These days, companies are seeking to stay competitive and current by pursuing and succeeding at end-to-end digital transformation.

'Catch-up rally': banks tower above the rest on ASX

The combined value of the big four swelled by almost $20 billion in just a few hours of feverish trading on Wednesday.

Coronavirus: SBI extends term loan EMI moratorium by 3 months, simplifies EMI deferment process

The extension of moratorium and deferment of EMIs would give some respite to the borrowers amid coronavirus outbreak, says SBI

Utilities Dashboard - May Edition

Valuation metrics in utilities. Evolution since last month. A list of stocks looking cheap in their industries.

Banks well-positioned to withstand COVID-19 hit as loan defaults expected to rise - Reserve Bank report

The latest Financial Stability Report uses 'stress tests' to assess bank resilience.

What triggered the 15% rally in bank stocks today?

Nifty Bank, which consists of 10 stocks, saw its best day in about two months.

Rupee slips 8 paise to 75.74 against US dollar in early trade

The rupee depreciated 8 paise to 75.74 against the US dollar in opening trade on Wednesday as market participants were concerned about rising tensions between Washington and Beijing in the wake of

India can tide over worst recession, but govt must be careful: Experts

Montek Singh, D Subbarao were participating in a webinar hosted by Bhavan's SP Jain Institute of Management Research

Gold Price Forecast: New Trend Lower is Forming

Gold prices are have fallen for three days in succession now and mid-week trade sees the precious metal lower at $1708. Analyst and technical forecaster Richard Perry of Hantec Markets says there is a risk gold shifts into a near-term downtrend

Ralph Lauren Remains on Offense in COVID-19 Crisis

The coronavirus shutdown in the U.S. caught the tail end of the company’s fiscal fourth quarter, pushing sales down 15 percent.

Wharton professor Jeremy Siegel lays out why a record-high stock market in 2020 remains 'a real possibility'

The stock market can still set new record highs in 2020 thanks to fresh risk-on attitude and the Federal Reserve's stimulus, Wharton finance pro...

Japan outlines fresh stimulus package for virus-hit economy

Japan announced fresh stimulus plans worth nearly $300 billion on Wednesday to pep up the economy after the coronavirus pandemic tipped the ...

Covid-19 to drive €4bn loan losses in Irish banks

Pandemic will wipe out capital due to be returned to shareholders

SBI extends moratorium on loans by three months

Earlier, Reserve Bank of India (RBI) had on May 22 announced the extension of moratorium by another three months.

Experts: Just beating Covid-19 is not enough to return consumer confidence

KUALA LUMPUR, May 28 — Economic observers think it will take more than just overcoming the Covid-19 threat in the country to restore consumer and investor confidence. They predict that it will only see a resurgence if the government can roll out a sustainable post-Covid-19 economic plan to help...

Bank stocks rake in $17 billion as investors revel in recovery party

Portfolio managers are coming to the view it's a bigger risk to be underweight bank shares as investor sentiment on the sector switches from negative to positive.

Amazon and other stay-at-home stocks are starting to stall. They may hold the key to the market, strategist says.

While value and small caps are starting to recover, the stay-at-home stocks are starting to lose steam. One strategist is concerned.

Demand pick-up key for stimulus package to see desired results, says Sundaram Home Finance MD

One will have to wait for at least a couple of quarters to assess this

IndiGrid Q4 results: Net profit doubles to Rs 99.7 crore

Revenues for the quarter increased to Rs 328.4 crore from Rs 170.5 crore in Q4 FY2019.

Banks surge in $17 billion catch-up rally

After lagging the market for months, banks surged amid potential signs the economic damage from COVID-19 may be less dire than feared.

Stocks in Focus on May 27, 2020 | Markets News

New Delhi: Markets gave up early gains to end slightly lower on Tuesday. The BSE Sensex fell 63.29 points or … Stocks in Focus on May 27, 2020 | Markets News Read More »

Agrochemical stocks rally; Bayer Crop hits new high, Dhanuka Agri soars 17%

UPL, Rallis India and Sumitomo Chemical India were up 5 per cent each on the BSE.

Wharton professor Jeremy Siegel lays out why a record-high stock market in 2020 remains 'a real possibility', Business Insider - Business Insider Singapore

Business Insider - Fresh risk-on attitude and the Fed's lending efforts can drive a strong rally as long as a second wave of COVID cases is avoided, Siegel said.. Read more at businessinsider.sg

Pure Gold Mining: A Look At The Valuation After This Advance

Pure Gold Mining is one of the top-performing gold juniors with a more than 50% return year to date. The company is more than fully-funded to complete construct

Govt to discontinue 7.75% taxable savings bonds scheme from May 28

The bonds were issued in January 2018 for residents and Hindu Undivided Family (or HUF) members, and became instantly popular.

India's GDP growth may rebound to 5% in FY22: Former RBI chief Subbarao

Rating agency Crisil on Tuesday had said the Indian economy may shrink by 5% in fiscal 2021, adding this recession could be the country's fourth since Independence and perhaps the worst to date

Covid-proof Equity MF

The disruption across sectors demands a review of your equity mutual fund schemes

SBI simplifies EMI deferment process

India Business News: India's largest lender by assets State Bank of India on Wednesday said following RBI's extension on EMI moratorium by another 3 months - it has decide

Fixed Deposits: State Bank of India (SBI) cuts FD interest rate by 0.4% across all tenure – Check new rates

SBI Latest FD Rates: The new rates of interest will apply to fresh deposits and renewals of maturing deposits.

Reserve Bank paints sobering picture of SA financial (in)stability

The South African Reserve Bank has just published its first Financial Stability Review for 2020. It makes for sober reading ahead of the expected end of prohibition.

GBP/USD Forecast: Holding Support will be Key

The GBP/USD exchange rate rallied to a high of 1.2362 over the course of the past 24 hours and has since settled back at 1.2312 at the time of writing. Analysts and technical forecaster Richard Perry asks whether Sterling has what it takes to push higher

EUR/USD Forecast: Looking for a Breakout

The EUR/USD exchange rate trades at 1.0975 at the time of writing, just on the cusp of the 1.10 barrier. Analyst and technical forecaster Richard Perry at Hantec Markets maintains a view that the Euro is looking to make a break higher

India's GDP growth may rebound to 5 pc in FY22, says Duvvuri Subbarao

Indian economy may expand by around 5% in the next financial year,ex-RBI guv Duvvuri Subbarao said.

SandRidge Energy: Steep Production Declines In 2020 As It Attempts To Manage Its Debt

SandRidge is at risk of seeing its production shrink considerably during 2020. It is shutting in wells (some permanently) as well as spending minimal capex duri

Wharton professor Jeremy Siegel lays out why a record-high stock market in 2020 remains ‘a real possibility’

Wharton finance professor Jeremy Siegel still sees a scenario where the stock market breaches new highs before the year is out, despite reopening risks, historic unemployment, and a deep recession.

Japan eyes fresh $1.1 trillion stimulus to combat pandemic pain

To fund the costs, Japan will issue an additional 31.9 trillion yen in government bonds under the second supplementary budget for the current fiscal year ending in March 2021, according to the draft.

Is import substitution affordable?

Even as the central government and financial regulators have dished out several relief and stimulus packages to keep the engine of economy running, the

Oil falls on demand concerns, US-China tensions

Oil prices fell on Wednesday on concerns over how quickly fuel demand will recover even as lockdowns ease in many countries with falling coronavirus cases, with U.S.-China tensions adding to the

Investing With Leverage - What You Need To Know

Leverage fluctuates on a day to day basis unless actively managed. Leveraged performance is path dependent. Doubling leverage does not double CAGR but it does d

In a Tight Corner

States finally have headroom to borrow more from the market. But there's a cost to it

Sandstorm Gold: This Gold Miner Is About To Get Much Bigger

Sandstorm's stock outperformance should continue as there are many bullish growth catalysts. There is incremental growth over the next few years thanks to newly

India’s GDP growth may rebound to 5 pc in FY22, says Subbarao

"I do believe that getting up to 5 per cent next year (FY22) is quite probable. The reason I say that is because this (COVID-19) is not a natural disaster. Our factories are still standing, our infrastructure and transport systems are still there," former RBI governor Duvvuri Subbarao said.

NSW to kick-start renewable energy investment

NSW has called on business to pitch for its $4.4 billion renewable energy zone to kick-start investment amid a slowdown in new wind and solar commitments.

Bank stocks rake in $17 billion as investors revel in recovery party

Portfolio managers are coming to the view it's a bigger risk to be underweight bank shares as investor sentiment on the sector switches from negative to positive.

Indian economy may expand by around 5% in FY22: Ex-RBI governor Subbarao

According to Subbarao, the country is going to face its worst recession in the current financial year

ICTU warns against 'cliff edge' removal of COVID-19 payments

The head of the Irish Congress of Trade Unions (ICTU) says income supports, such as COVID-19 pay...

Moderately higher inflation in response to bigger debt levels – UBS

The world will emerge from COVID with considerably higher levels of debt while will be left structurally less global by the crisis, spurring on the de

Wall Street gains with economic hopes; bank stocks jump

By Caroline Valetkevitch (Reuters) - U.S.

Birla Corporation Surges 43% In Two Days As Company Doubles Profit In March Quarter

Birla Corporation stock surged 43% in two sessions Cement maker Birla Corporation’s stock continued to surge on Wednesday for the … Birla Corporation Surges 43% In Two Days As Company Doubles Profit In March Quarter Read More »

This is why The Zimbabwe Dollar remains our best foot forward

ZW$ remains our best foot forward-At the rate at the Zimbabwe dollar is losing its intrinsic value, it may just be a matter of time

Opening the economy: Human well-being is paramount

We need to centre the strategies for combating Covid-19 and resumption of economic activities on human welfare in a total sense rather than to simply pander to the urges of business.

Ask the expert: how can I improve my success rate creating partnerships?

In this fortnightly column, Ask The Expert, we aim to provide readers with practical advice on how to grow their businesses.

SBI gives covid relief, extends loan EMI moratorium; starts notifying borrowers via SMS

According to the PSU lender's press release, it has "proactively reached out to all of its eligible loan customers to obtain their consent to stop their Standing Instructions (SIs) / NACH mandate for the EMIs falling due in June, July and August 2020."

NRGU Oil ETN: As Low-Risk As It Gets

NRGU is a highly leveraged(3x) ETN focused on the Solactive MicroSectors U.S. Big Oil Index. Being highly leveraged to a high risk industry has inherent risks,

Metal stocks to benefit in a big way if China announces another stimulus: Ajay Bagga

‘Tractors and two wheelers will continue to do well as rural economy is in robust health

Can General Electric Survive The COVID-19 Recession

General Electric’s stock (NYSE: GE) has lost over 45% of its value since the beginning of the year due to the outbreak of COVID-19. The commercial aviation industry is rattled, and GE, which manufactures aircraft engines, is no exception. Fading consumer demand, reduced discretionary spending...

It’s A Good Idea To Ignore REITs Right Now, Despite Soaring Yields. Here's Why

Stocks Analysis by Investing.com (Haris Anwar/Investing.com) covering: Simon Property Group Inc, United States 10-Year, First Trust S&P REIT Index Fund, Brookfield Property Partners LP. Read Investing

Tech selloff weighs on S&P 500, Nasdaq

Amazon.com, Microsoft Corp and Facebook Inc, which have led a recent rally, weighed on the tech-heavy Nasdaq, while healthcare and technology stocks - which outperformed in the coronavirus-led market slump - were among the S&P 500 sector indexes in the red.

States should come forward with ₹20 tn to battle COVID-19 disruptions: Gadkari

More liquidity needs to be pumped in the market to boost the coronavirus-hit economy and states should come forward with ₹20 trillion, while another ₹10 trillion can be harnessed from public-private investment, said Nitin Gadkari

Kotak Mahindra Bank share price jumps 4% ahead of QIP launch; stock surges 20% from March lows

The board of Kotak Mahindra Bank had earlier approved a proposal to raise capital through a fresh issue of 6.5 crore.

HDFC shares tanked with Sensex but recovery remains astray; brokerages still bullish, check target price

With a warchest of Rs 11,000 crore HDFC might be ready to battle the coronavirus pandemic but with the stock gaining only 4% so far since its March lows, the question is will the share price gain steam?

Asia Session: Regional Equities Mixed On Hong Kong Tension; Oil Consolidates

Market Overview Analysis by MarketPulse (Jeffrey Halley) covering: EUR/USD, GBP/USD, AUD/USD, USD/CAD. Read MarketPulse (Jeffrey Halley)'s latest article on Investing.com

Materials And Energy Dashboard - Update

Valuation metrics in basic materials and energy. Evolution since last month. A list of stocks looking cheap in their industries.

Metal stocks continue to climb up amidst a volatile market; top stock picks leading brokerage firms

For a second-day straight, metal stocks on the bourses were seen surging higher despite the volatility being faced by the benchmark indices.

Dabur's Q4 net profit falls 24% YoY; domestic volume declines at 14.6%

Consolidated EBITDA stood at Rs 352.3 crore against CNBC-TV18 poll of Rs 475 crore while EBITDA margin came at 18.9 percent against CNBC-TV18 poll of 21.8 percent.

Rand falls as Sino-US friction dents risk appetite

The rand fell on Wednesday following global weakness in emerging market currencies due to increasing Sino-US friction over China’s proposed security law for Hong Kong, retreating the two-month high seen a day before.

CorVel Corporation's (CRVL) CEO Michael Combs on Q4 2020 Results - Earnings Call Transcript

CorVel Corporation (NASDAQ:CRVL) Q4 2020 Results Earnings Conference Call May 27, 2020, 11:30 AM ET Company Participants Michael Combs - President and CEO Brand

It’s A Good Idea To Ignore REITs Right Now, Despite Soaring Yields. Here's Why

Stocks Analysis by Investing.com (Haris Anwar/Investing.com) covering: Simon Property Group Inc, United States 10-Year, First Trust S&P REIT Index Fund, Brookfield Property Partners LP. Read Investing

It’s a marathon, not a sprint

Prepare your business for the long, hard run, not the short-term win.

How South Africa can best balance controlling Covid-19 and avoiding economic disaster

There is intense pressure on the government to lift the lockdown and open the economy. Sustainably lifting out of the lockdown is critical. But there is no roadmap.

Dow Jumps 300 Points As Wall Street Bets On A Successful Reopening Of The Economy

The Dow broke above 25,000.

Partner Communications Company Ltd. (PTNR) CEO Isaac Benbenisti on Q1 2020 Results - Earnings Call Transcript

Partner Communications Company Ltd. (NASDAQ:PTNR) Q1 2020 Earnings Conference Call May 27, 2020 10:00 AM ET Company Participants Gideon Koch - Investor Relation

WTI strength fizzles around $34.00, API data eyed

WTI retraces from the highest since March 11 while taking rounds to $33.90 during the initial Asian session on Wednesday. While optimism surrounding a

The inescapable truths investors face now

Covid-19 reality: What the combination of higher savings rates and lower capital investment means for global growth.

‘Aatmanirbhar’ package for agriculture: Sowing half-reforms

While the government deserves credit for announcing agri-reforms that have long been in the making, these may remain halfway measures as it has refrained from biting the bullet on truly freeing up the sector

We're In A Recession, Start A Company

We are in a severe recession with a lot of bad news, yet the amount of effort being put out to build new companies and restructure old companies is amazing. Is

Future-Proof Your KYB, KYC And Risk In One API

Data aggregation with automation has been the next big milestone the risk industry has been trying to reach.

This Energy Stock Plans to Maintain Its 10%-Yielding Dividend

ONEOK believes it can navigate through the oil industry's current rough patch while leaving its dividend intact.

It is India's hour to shine, but will it?

If India manages to overcome its long-pending issues around multiple approvals, licenses, permits, an overload of documentation and reporting, then India has a chance to leave an indelible mark on global trade in the coming decade.

Latest rate cut is adding to record corporate bond sales

Policy steps to channel more funds to smaller borrowers have struggled to gain traction.

‘I have a lot of confidence in the long-term growth of the Indian car market’: Skoda Auto’s Zac Hollis

Skoda Auto India’s ‘India 2.0 project’ remains on track, investments won’t change, said Skoda Auto India’s Brand Director

Dow Closes Above 25,000 For First Time Since March

The S&P also broke above 3,000, its best close since March.

Yes Bank brass lists 6 reasons for Rs 15,000 crore fresh capital

The bank has to prepare for new set of NPAs post August when the six-month moratorium period ends

Stocks Cut Gains, Dow Up 200 Points As Tech Shares Slide

The Dow broke above 25,000.

Demand for real estate to go up in post COVID-19 world: Manoj Gaur

In an exclusive interview, Manoj Gaur, MD, Gaurs Group, and Chairman, Affordable Housing Committee, CREDAI (National), talks about the impact of Coronavirus on real estate in India and shares his industry outlook.

Sun Pharma share price falls 3.5% post Q4 earnings

Stock price of Sun Pharma has fallen 1.12% in one week and 8% in one month. However, the stock has risen 4.17% since the beginning of the year.

'Rally of hope': Why the S&P soared back past 3,000

Unthinkable just two months ago as the world economy shut down in response to the coronavirus pandemic, the U.S. stock benchmark S&P 500 index ...

Wall Street set for higher open as recovery hopes outweigh Sino-UStensions

Wall Street's major indexes were set for another session of gains on Wednesday as a revival in business activity drove hopes of an economic ...

Markets will clear the froth, warn value investing apostles

The closely watched GMO fund is starting to short global equities in the belief that the latest price surge is treacherous.

Japan OKs funds for US$1.1T stimulus to fight pandemic woes

Japan's Cabinet approved a proposed 32 trillion yen (US$296 billion) supplementary budget on Wednesday to help fund $1.1 trillion in measures to cushion the blow to the economy from the coronavirus pandemic.

As SPCE Stock Remains a Moonshot, Stay on the Sidelines

A "wait-and-see" approach may be the best way to play SPCE stock, as the company remains highly speculative.

Why Facebook Stock Will Reach $300 Sooner Than You Think

The tech giant's ad revenue is likely to increase in coming quarters, which will push FB stock to new highs.

London markets make ‘solid’ gains as trading optimism continues

London’s top flight closed 76.49 points higher at 6,144.25p at the end of trading on Wednesday.

Nine CFO priorities in the time of COVID-19

There has to be an optimal mix of strategy for sheer survival and ambitious growth in these unusual times of lockdowns, demand collapse and destroyed cash flows. Here is a brief overview of what is on the mind of the CFO as they help their businesses navigate this crisis.

Banks, automakers drive European stocks higher, EU recovery plan awaited

European shares edged higher on Wednesday as investors focused on a fresh EU stimulus plan , but renewed U.

Hold Firstsource Solution; target of Rs 31: ICICI Direct

ICICI Direct recommended hold rating on Firstsource Solution with a target price of Rs 31 in its research report dated May 27, 2020.

Global stocks are mixed after Trump promised 'interesting' action against China, while Europe awaits a huge new stimulus package

Global stocks are mixed Wednesday as investors weigh rising US-China tensions and the growing implications of a new draconian law on Hong Kong, ...

Deepak Nitrite standalone Q4 net doubles to ₹116 crore

Deepak Nitrite Limited standalone net profit more than doubled to ₹116 crore for the quarter ended March 2020, as against ₹57 crore, in the corresponding quarter a year ago, indicating 104 per cent ju

Covid supports to continue beyond 8 June - Taoiseach

Taoiseach Leo Varadkar has said the Government is not considering cutting the €350 a week Pandemic Unemployment Payment (PUP) for someone who was working full time on minimum wage before the Covid-19 emergency.

Oil slides on US-China tensions, doubts about Russian output cuts

The group known as OPEC+ is cutting output by nearly 10 million barrels per day (bpd) in May and June. Some question whether it will continue to do so as demand recovers after many countries ease coronavirus lockdowns.

Rupee settles 5 paise lower at 75.71 against US dollar

The rupee opened weak.

Covid-19 and governance: What should be govt’spriorities?

Across the world, Covid-19 has brought with it incredibly sad realities of deaths and illnesses unimaginable almost a year ago-altering significantly

Privatisation of discoms an opportunity, says JSW Energy CEO

The scenario for FY21 will depend on economic recovery defined by three factors: how the MSMEs are going to perform, the issue of migrant labour, and the rate of spread of Covid-19, said Prashant Jain.

10 Stocks to Buy as They Ride a Coronavirus Tailwind

These names are either heavily discounted or are actually riding high on the outbreak.

Global stocks are mixed after Trump promised ‘interesting’ action against China, while Europe awaits a huge new stimulus package

Global stocks were mixed Wednesday after US President Trump promised “interesting” action on China’s proposed crackdown on Hong Kong by the end of the week, and as European investors wait anxiously for the announcement of a new stimulus package from the European Commission.

London markets make ‘solid’ gains as trading optimism continues

London’s top flight closed 76.49 points higher at 6,144.25p at the end of trading on Wednesday.

Alteryx: Still Long

Channel checks in May 2020 show that business intelligence is still a top priority for many companies. Alteryx stock has surged in the past few weeks and has co

Technology And Communication Dashboard - May Edition

Valuation metrics in information technology and communication services. Evolution since last month. A list of stocks looking cheap in their industries.

The Irish Times view on the economic outlook: Counting on a swift recovery

New reports from economic think tanks are valuable in trying to see through the fog of what lies ahead

Oil slides on OPEC, Russia uncertainty

Russia is sending mixed signals ahead of the meeting in less than two weeks between the Organization of the Petroleum Exporting Countries and its allies.

COVID-19's Final Act And Epilogue

COVID-19 is winding down. MLPs and MLP closed end funds are a bargain. The stock market has upside but there are many risks.

This Rakesh Jhunjhunwala-held stock falls 3% as firm logs zero sales in first six weeks of lockdown

Share price of Titan Company slid up to 2.81% to Rs 868 compared to the previous close of Rs 893.15 on BSE

Buy Ford Stock Before It Restores the Dividend

Ford may have suspended its dividend, but investors are in for a treat when it comes back. If you buy F stock now, you could see 50% gains.

AT&T - Disney Plus Suggests T Could See Quick Returns From HBO Max

AT&T is launching HBO Max in 2 days. Disney Plus performed incredibly well after launch with Disney's stock going up 10% in 2 weeks. While the services are diff

Sarb says lenders can handle coronavirus crisis

Although financial stability risks are elevated and the outlook is challenging, says governor.

Reforms in a Covid era: World trade will rise again. Here’s how India can ready itself to take advantage

Covid-19 lull offers India an excellent window of opportunity to implement reforms that would help it maximise the benefit of reopening of export markets post-Covid-19. Indias factor markets – capital, labour and land – still remain major constraints on economic activity

Japan PM vows to back corporate financing with second extra budget

TOKYO: Japan's government will provide 140 trillion yen (US$1.3 trillion) to back financing of Japanese firms hit by the economic fallout from the ...

Punjab approves reforms to avail additional borrowing of 1.5% of GSDP

The additional borrowing would help state tide over the estimated 30 per cent revenue shortfall in 2020-21 fiscal

Consider Bank of America Stock a Buy If Markets Retest Lows

Oversold BAC stock could rebound in the short term. But long-term upside in the big bank's shares could be a challenge.

Global stocks are mixed after Trump promised 'interesting' action against China, while Europe awaits a huge new stimulus package, Business Insider - Business Insider Singapore

Business Insider - Trump warned Hong Kong was at risk of losing its status as a global financial centre if China's proposed national security law goes ahead as planned.. Read more at businessinsider.sg

WTI attempts a bounce above $34 mark ahead of API data

WTI (July futures on Nymex) witnessed a quick bounce from daily lows of 33.52 and regained the 34 handle in the last hour, now consolidating above the

Virus could cost SA five years of potential output

Reserve Bank ready to step in with a ‘variety of additional tools’.

SBI cuts FD rates by 40 bps across all tenors. Check the new rates here

After the steep rate cut, SBI's 1 year to less than 2 year FDs will fetch 5.1 per cent, 3 years to less than 5 years will earn 5.3 per cent and 5 years and up to 10 years will earn investors 5.4 per cent.

Expect Canopy Growth Stock to Pass Its Big Earnings Test

CGC stock has rallied from March lows along with other cannabis stocks. As the sector shows signs of life, Canopy earnings need to be solid.

Quick Profits from the Push out of Tech

We have a chance to open a new position in one of our favorite stocks: Microsoft (NASDAQ:MSFT).

Dollar treads water against euro; yuan sinks on US-China tensions

NEW YORK, May 28 — The dollar steadied against the euro yesterday even as the common currency remained supported by news of a proposal for an economic recovery package to help the euro zone region recover from the coronavirus pandemic. The euro was up 0.03 per cent against the dollar at...

Corporate Rescue

Just announcing $4.5 trillion in future spending to support securities markets was enough to keep investors protected from the downsides of the pandemic.

SA Reserve Bank says lenders can handle coronavirus crisis

The country’s banks, some of the largest on the continent including Standard Bank and FirstRand, have seen profit growth slip in recent years, while risks from lending to the increasingly strained government and the economy have increased.

Wonderla FY20 net profit up 17%

Amusement park operator Wonderla Holidays reported a net profit of Rs 64.78 crore for the financial year ended March 31, 2020,

Ferrari Isn't What It Was

RACE is facing unprecedented issues in its engines and F1 revenue streams. Margins have plateaued with downside catalysts aplenty, but no meaningful upside cata

SBI Home, Personal Loan EMI moratorium extended by three months! Bank notifies customers

SBI today said in a statement that it has also proactively reached out to all of its eligible loan customers to obtain their consent to stop their Standing Instructions

The Productivity Commission's Hamed Shafiee says the goal should not be simply to rebuild the economy we had, but to shift gear and find new ways for the economy to reach its full potential

The Productivity Commission's Hamed Shafiee says the goal should not be simply to rebuild the economy we had, but to shift gear and find new ways for the economy to reach its full potential

'Our greatest challenge': How to rebuild the ACT's virus-struck economy?

As business start to reopen and the ACT takes its first tentative steps on the road to recovery, The Canberra Times canvassed the views of politicians, academics, economists and industry groups on the best approach to rebuilding the economy.

SBI cuts fixed deposit rates by 40 bps; check out new rates

The new rates on retail term deposits are applicable from May 27, according to data available on the bank's website

Why do organisations need technologists to drive digital transformation strategies?

IT professionals are under immense pressure and need to be provided with the tools, leadership and support to deliver positive business outcomes in response to Covid-19

London markets make ‘solid’ gains as trading optimism continues

London’s top flight closed 76.49 points higher at 6,144.25p at the end of trading on Wednesday.

Government to withdraw 7.75% Savings (Taxable) Bonds scheme

The scheme, commonly known as RBI Bonds or GOI bonds, is popular among retail investors who looking for safety of principal and a regular income. NRIs, however, are not eligible for making investments in these bonds.

RealNetworks Could Have A Winner

The company's video codecs, Napster and other assorted businesses have lingered, not producing any profits. However, they have a growing gaming business that lo

UCO Bank slashes lending rate by 40 basis points, MSME loans to get cheaper

The government expects banks to reduce lending rates, which is required to kick start the economy hit hard by the coronavirus-forced lockdown, among other factors

Govt to discontinue 7.75% saving bonds from May 28

The curtain will come down on the most attractive ‘RBI 7.75% Saving Bonds’ on Thursday, 17 years after they were launched in 2003 to encourage retail investors but became an instant hit with the

Kotak Mahindra Bank launches Rs 7,000-cr share sale through qualified institutional placement

Private sector lender Kotak Mahindra Bank on Tuesday launched its over Rs 7,000-crore qualified institutional placement (QIP) of shares

Asian stock market: Mixed as Tuesday’s optimism fades on fresh US-China tension

Asian equities fail to reprint the previous day’s flying colors as market players fall back upon US-China tussle amid increasing odds of the US sancti

After 83% Rebound, It’s Time to Ditch Chevron Stock

With a sustained dividend minimizing downside, and big upside potential if oil prices rebound, Chevron stock may be a buy at today's prices.

How COVID-19 has changed the face of insurance industry and the role digital can play

The emerging trends post COVID crisis can be far-reaching. Pandemics can be short-lived, but the economic impact can be long-term.

North American Construction Group: Growth, Value, And Bullish Insiders

ROE is 28% vs. industry median of -1.6%. Revenues up 241% since Q4 2016. EBITDA has a 3-year CAGR of 45% vs. industry median of 7%. P/S is the lowest it's been

5 Dividend Kings to Buy and Hold Forever

The "forever" part means investors have to think about the longevity of payout growth as well as reliable payments.

Back-to-basics billionaire sounds money-printing warning

Legendary stock picker Kerr Neilson says big spending was entirely appropriate to fight COVID-19, but wonders if the world really wants to own more bonds.

Another economic crisis and the cupboard appears bare

We need a new accord with government, unions and industry around a new set of reforms to build a sustainable recovery.

Biotech Stocks Have Been on Fire, But Timing Is Everything

Consensus is that the experts will find a vaccine to Covid-19 soon, so the biotech stocks have rallied hard. Buying them now carries risk.

Bringing the focus back to the informal sector

It could be the harbinger of economic revival in post-COVID India

A survival-of-the-fittest approach towards MSMEs

The structuring of their relief package suggests that the Centre is only keen to ensure the sustenance of somewhat large and viable MSMEs

Top 5 Things to Know in the Market on Wednesday, May 27th

Top 5 Things to Know in the Market on Wednesday, May 27th

Low crude oil prices helped India save Rs 25,000 crore: Dharmendra Pradhan

‘Government will reinvest that money for the welfare of the people

Unlocking the value of values with AI

In an era of purpose-driven consumption, values like transparency, trust and humanness are key drivers that unlock value in AI.

Credit risk funds are still relevant, says Mahendra Jajoo, CIO – debt, Mirae Asset

Many investors are having second thoughts about their investments in debt mutual funds. Most advisors are asking investors to stay away from most debt mutual fund categories, expect for overnight and liquid funds.

Pepkor ‘confident’ it will gain market share amid pandemic

As it continues to provide discounted products for babies and children.

LanDynamix launches a cost-of-downtime calculator guide

Promoted | LanDynamix, a leading managed IT services provider, says companies trying to quantify the cost of downtime all too often make the mistake of tackling it from a technology perspective.

ESRI warns against austerity measures in short-term as economy heals from the pandemic

The think-tank has sketched the likely impact of the virus across a range of Irish economic indicators.

Briggs & Stratton: The Equity Is Out Of Money

The recently stock rally doesn't make any sense. There are a few restructuring scenarios but none of them are good for the existing equityholders. Chapter 11 mi

Vertex Energy's Transformation Continues

Vertex Energy began migrating its end-products toward higher-margin markets in 2018 - higher-purity base oils and IMO 2020-compliant marine fuel. The company re

To meet revenue shortfall, Punjab to go for additional borrowing amid corona crisis

The state governments have extremely limited fiscal space, especially after the implementation of the Goods and Services Tax.

GBP/USD refreshes session lows, retreats nearly 100 pips from daily swing high

The GBP/USD pair retreated nearly 100 pips from the daily swing high and refreshed session lows, around mid-1.2100s in the last hour. The emergence of

ASX edges lower, even as investors pump $18b into banks

The Australian sharemarket was unable to extend its 11-week high on Wednesday, despite a strong bid for the major banks by institutional investors.

Government ‘missed opportunity’ not saving company tax windfalls, Ifac says

Budgetary watchdog says Republic ‘could have been running a much bigger surplus’ in recent years

Rand falls as Sino-US friction dents risk appetite

At 0645 GMT, the rand traded at 17.4900 per US dollar, 0.45% weaker than its previous close.

Dow Busts Move Higher on Late Buying as Traders Bank on Financials to Shine

Dow Busts Move Higher on Late Buying as Traders Bank on Financials to Shine

Stocks - Dow Jumps as Financials Take Spotlight Amid Stumble in Tech

Stocks - Dow Jumps as Financials Take Spotlight Amid Stumble in Tech

Covid-19 fallout: Lower capex by states to weigh on EPC sector

As a result of the disruption caused by Covid-19, States staring at huge revenue deficits could reduce capital expenditure, thereby impacting the engineering, procurement and construction (EPC) sector

Distressed real estate market beckons opportunistic buyers

Blackstone Group, Kayne Anderson Capital Advisors and other investment firms are sitting on roughly $US300 billion of equity ready for deployment in the US market.

Intel Remains A Blue-Chip Stock to Buy Post-Pandemic

Intel stock has held up remarkably well in 2020, as evidenced by first-quarter results, and move to the cloud means more upside ahead.

RBI’s loan moratorium may spell trouble for NBFCs looking for funds, as investors’ trust weakens

The effect of loan moratorium is expected to make a dent in the liquidity profiles of non-banking finance companies.

KPIT Technologies Q4 net profit rises 23.3% to Rs 38.1 crore

Its revenue from operations stood at Rs 556.2 crore in the reported period, up 10.9 percent from Rs 501.2 crore in the March 2019 quarter, it added.

Big companies to get bigger after Covid: BofA Securities

The infrastructure and real estate sector could witness the emergence of new asset owners such as sovereign wealth funds, pension funds and private equity players.

Rand falls as Sino-US friction dents risk appetite

In line with its emerging market peers.

NZD/USD: I Retain My Long-Term Bullish View

The NZD/USD has remained quite resistant during COVID-19. Export data for New Zealand came in better than expected. In spite of the potential for negative rates

Oil halts rally near $34 on signs of Russia easing supply cuts

Moscow wants to scale back output curbs in line with the OPEC+ deal

Why Kotak Mahindra Bank share price rose 8% today

Share price of Kotak Mahindra Bank rose up to 7.81% to  Rs 1,242.55 compared to the previous close of Rs 1,152 on BSE

‘Atma Nirbhar’ MSMEs: How govt measures will enable them for long-term sustainability, profitability

Ease of doing business for MSMEs: In current times, where the mere survival of the MSME sector is at stake, Atma Nirbhar Bharat Abhiyan intends to address the needs of the MSME sector.

AMD: 100X P/E Ratio Is Not Supported By 2020 Revenue Projections

No stock can maintain a 100x PE ratio without booming revenue. A recession/depression will depress overall demand. Competitor Intel is projecting a weak quarter

IOI Corp’s Q3 profit hit by foreign currency translation loss

KUALA LUMPUR, May 27 — IOI Corporation Bhd’s net profit fell to RM100,000 for the third quarter (Q3) ended March 31, 2020, from RM248.5 million in the same period last year due to a large net translation loss on foreign currency-denominated borrowings. However, revenue was higher at RM2.03...

AfCFTA: Implementing Africa’s free trade pact the best stimulus for post COVID-19 economies

Wamkele Mene was recently appointed Secretary General of the African Continental Free Trade Area Secretariat. Due to the effects of COVID-19, free trading for countries that have ratified the agreement cannot begin on July 1, 2020 as was originally scheduled. He spoke to Kingsley Ighobor about the way forward. Describe the impact of COVID-19 on …

Nasdaq Today: What's Sending Chip Stocks AMD and NVIDIA Lower Wednesday?

Stocks were largely mixed, but it was a poor day for the Nasdaq in particular.

WTI slips below $32.00 after huge API build joined trade/political tension

WTI fails to carry the pullback from $32.00 while taking a U-turn from $32.50 to currently around $32.30 amid the initial Asian session on Thursday. W

KLK’s Q2 net profit dips 80.5pc on forex losses

KUALA LUMPUR, May 27 — Kuala Lumpur Kepong Bhd’s net profit dipped 80.5 per cent to RM27.89 million in the second quarter (Q2) ended March 31, 2020, from RM142.96 million in the same period last year, dragged by unrealised foreign currency exchange losses. Revenue shrank to RM3.80 billion...

Austria’s efforts to accelerate its clean energy transition

Austria is committed to reaching carbon neutrality by 2040 at the latest – 10 years earlier than the goal set by the European Union. To meet this ambitious deadline, the Austrian government will need to significantly step up decarbonisation efforts across all parts of its energy sector, the International Energy Agency said today in its […]

Aussie dollar shines in COVID-19 recovery

Increased economic optimism, higher commodity prices and rebounding equity markets have made the Australian dollar one of the world's best-performing currencies.

Sensex up 183 points, banking stocks rally | Markets News

New Delhi: Markets opened on a positive note led by rally in banking stocks. The BSE Sensex was trading 183.81 … Sensex up 183 points, banking stocks rally | Markets News Read More »

Rising global crude price raises India's basket 93% to $33

The price of Indian basket, which went down to $16.92 a barrel on April 27, surged by 93 per cent since then to $32.63

Research Firm: Market’s Risk Is Phenomenally High, 2nd Dive Likely

Equity Risk Science, a big-data analytics firm, created a risk measure that says the current market is still very risky and likely to take another big dive, due to the high debt levels of many large companies.

USD/JPY traders weigh a massive cocktail of mostly toxic risks

Uncertainty is playing out and USD/JPY is in focus. Markets are caught between prospects of the global economy opening-up and the downside risks of se

Op-Ed: Challenges faced by early-stage clean energy companies

Like many other sectors, early-stage clean energy companies are heavily affected by the COVID-19 pandemic and the response of governments to it.

Microsoft’s Stock Faces A Sharp Reversal

Microsoft's stock is running into some technical trouble that may result in shares falling.

Oil crosses $35 on signs of improving demand - The Nation Nigeria

OIL prices rose on Tuesday, supported by growing confidence that producers are following through on commitments to cut supplies and as fuel demand picks....

Dumpster Diving: (Kirkland's Edition)

On May 18, 2020, Kirkland's reported a business update. The big highlight was 96% e-commerce growth. Despite the costly two month forced shutdown due to COVID-1

Investors need to embrace ‘The Lobotomy Paradigm’ and how to build a portfolio for what comes next

A roundup of investment ideas for active investors

Rebooting Uganda’s economy post COVID-19

Private sector present various stimulus packages to government on how kick-start business activities back to normal growth curve Kampala, Uganda | ISAAC KHISA | Life is slowly returning to normalcy in Uganda’s towns save for those that lie on the borders with neighbouring countries. Shops and restaurants are back to business albeit observing social distance …

Ireland could see 'repeated lockdowns and wide financial distress' during three-year recession

The virus may see our national debt soar by 60%

Pound-to-Australian Dollar Downtrend Intact and Set to Endure as Support Comes Under Pressure

The British Pound's downtrend against the Australian Dollar looks set to remain in place for the foreseeable future says a note foreign exchange analysts

Sensex jumps 1,000 pts, Nifty above 9,300; 4 key factors behind the rally

Experts indicate that the bargain hunting in banks and financial counters gave a fillip to the market.

Israel Discount Bank Q1 profit dips on spike in credit loss provision

JERUSALEM, May 27 (Reuters) - Israel Discount Bank reported a 31% decline in quarterly profit due to a sharp increase in credit loss expenses aimed to protect itself from potential bad loans stemming from the coronavirus outbreak.

Exxon Mobil Corporation (XOM) CEO Darren Woods Hosts 2020 Annual Meeting of Shareholders (Transcript)

Exxon Mobil Corporation (NYSE:XOM) 2020 Annual Meeting of Shareholders May 27, 2020 10:30 AM ET Company Participants Stephen Littleton - Vice President of Inves

AUD/USD retreats from multi-day high to 0.6650 despite upbeat Aussie/China data

AUD/USD pays little heed to better than forecast data while declining to 0.6645, down 0.08% on a day, amid the Asian session on Wednesday. While Austr

A gateway to transport and energy research: The Innovation and Networks Executive Agency

D Beckers, Director, Innovation and Networks Executive Agency, charts the important work of the organisation in supporting transport and energy research

States' fiscal deficit could hit 4.5% of gross state domestic product: India Ratings

The upward revision was based on the fact that states were already facing lower-than budgeted share in central taxes and subdued own revenue growth, when the lockdown was imposed from March 25. States are likely to see further declines in these receipts in FY21 with the fallout of Covid-19, the report said.

Sell Thyrocare Technologies; target of Rs 307: Prabhudas Lilladher

Prabhudas Lilladher is bearish on Thyrocare Technologies has recommended sell rating on the stock with a target price of Rs 307 in its research report dated May 27, 2020.

Chico's FAS: Too Early To Invest In This Turnaround

Chico's FAS's financials have been in bad shape for several years. The company has several foundational problems that make its future survival challenging. A ne

European stocks climb as investors eye bigger-than-expected EU stimulus plan

European stocks climbed on Wednesday, amid reports the European Union will announce a bigger-than-expected €750 billion stimulus program for the region’s...

Is the COVID-19 crisis spurring faster digital transformation or short-term IT fixes? | ZDNet

According to a global survey from AppDynamics, most IT professionals are concerned about the long-term impact of their current digital transformation initiatives.

Gold Stocks Are a Safe Haven From the Upcoming Recession

If the global recession gets worse in the rest of the year, then gold stocks may continue to be good buys.

Better Buy: IBM vs. McDonald's

Learn which iconic brand is positioned for success after the COVID-19 pandemic.

Fifteen TSX stocks that showed their mettle with first quarter earnings

Looking for companies that have reported consistent earnings in the last 30 days

Zillow: The Stock Is A Zell

Zillow has built a tremendous following for its residential real estate website. But the business has only just moved into the black and has limited further ups

Chicken Soup For The Soul Entertainment: This Streaming Company's 10.4% Preferred Yield Is Good For The Soul

Chicken Soup for the Soul Entertainment is an emerging streaming company. In Q1 2020, the company made a cash flow milestone, which should give preferred shareh

Otrium is Trying to Solve Fashion’s Inventory Problem

The online designer outlet is looking to fuel international expansion with this round, led by Eight Road Ventures.

Over-Leveraged Zombie Companies Threaten Economic Recovery

Specter of defaults, bankruptcies lingers amid skyrocketing corporate debt

[Herald Interview] JANDI: Usurping KakaoTalk in Korea’s work communication

Toss Lab, the maker of innovative collaboration tool JANDI, has established itself at the top of South Korea’s growing work communication platform market. The fledgling company, in just six years, has managed to go head-on with not only domestic competitors such as Flow and Collabee but also global companies like Slack and Microsoft Teams. Ironically, however, these direct competitors offer far less of a ch...

Chyawanprash sales jump 4 times due to coronavirus, says Dabur; key takeaways from Q4 results

As the coronavirus pandemic hit billions of lives, consumers’ renewed focus on immunity boosting and healthcare brands has led to FMCG major Dabur witnessing an exponential growth in the sales of its chyawanprash range.

Seoul stocks extend gains to third session on hopes of recovery

South Korean stocks finished a tad higher Wednesday despite escalating tension between the United States and China, as investors sought to scoop up bargains amid growing hopes of an economic recovery. The Korean won fell against the US dollar. The benchmark Korea Composite Stock Price Index (KOSPI) added 1.42 points, or 0.07 percent, to close at 2,031.20, extending its winning streak to a third consecutive session. ...

Sterling Bancorp: Deposit Repricing To Counter High Credit Costs, Yield Decline

Provision expense will likely be higher than normal in the second quarter due to the deterioration in the economic outlook. The maturity of expensive deposits a

[Market Close-up] S. Korean stock market recovers faster than its global peers

Buttressed by the buying spree of retail investors and expansion of liquidity, South Korea’s stock market recovered to the psychologically important 2,000-point mark, rebounding faster than other major stock markets around the world. According to the Korea Exchange, the Kospi reached 2,029.78 points at Tuesday’s close, 12 weeks after last posting above the 2,000-mark on March 6, when it closed at 2,040.2...

Britvic defers dividend as Covid-19 impacts business

Revenue declines as pandemic restrictions impacts on-the-go sales

Profit of Tube Investments at ₹74 crore

Tube Investments of India Ltd. (TIIL) has posted a standalone net profit after tax of ₹74 crore for the fourth quarter ended March 2020, including an exceptional item of ₹22 crore.TII had recorded a n

Forex Today: Only a correction? Dollar trying to lick its wounds amid Sino-American tensions

Here is what you need to know on Wednesday, May 27: The market mood remains upbeat yet the dollar is attempting to recover after a significant drop on

Birla Tyres, Alok Ind: 41 penny stocks zoom over 100% from March lows

Among the noticeable names, Alok Industries, Birla Tyres, Opto Circuits, Andhra Cements, and Morepen Laboratories are some of the 41 counters that have rallied over 100% in the past two months

Riskier European companies draw €32bn from bank credit lines

Matalan, Travelodge and Heathrow airport are among the subinvestment grade companies to tap loan facilities

Trading strategy losses hurt banks’ capital markets profit

The Bank of Montreal and the Royal Bank of Canada reported worse than expected results due to market volatility

Dalmia Bharat: Operating efficiency, deleveraging remains on agenda

IEA: Covid-19 crisis causing biggest fall in global energy investment in history

In a report published on Wednesday, the Paris-based International Energy Agency (IEA) highlighted that the coronavirus crisis causing biggest fall in

Woolworths targets online as shoppers take to food delivery service

Retailer Woolworths says that the Covid-19 pandemic, and resulting lockdown continues to have a pronounced impact on the group.

Rupee slips 8 paise to 75.74 in early trade, forex traders concerned about rising US-China tensions

The rupee depreciated 8 paise to 75.74 against the US dollar in opening trade on Wednesday as market participants were concerned about rising tensions between Washington and Beijing in the wake of the coronavirus pandemic

This Pidilite Industries-promoted stock has rallied over 100% in one month

Vinyl Chemicals surged 10 per cent today to hit a 52-week high of Rs 109. The stock has rallied 111 per cent in the past one month from level of Rs 51.66 on the BSE

Don’t Get Caught Up in the Hype of Gold Stocks

The current economic events are a plus for gold. But gold stocks have gotten ahead of themselves right now.

Oil slides on U.S.-China tensions

By Laura Sanicola NEW YORK (Reuters) - Oil futures tumbled on Wednesday after U.S. President Donald Trump said he was working on a strong response to China's proposed security law in Hong Kong and as some traders doubted Russia's commitment to deep production cuts

Math ‘Tricks’ Won’t Save Chevron

While Chevron stock has rebounded significantly from this year’s bottom, we’re talking contextually about low thresholds. Getting back to pre-pandemic levels is another story entirely.

Enagás: COVID-Resistant Regulated Utility But Spanish Exposure Is Sub-Optimal

Enagás is a regulated Spanish utility for transmission of gas and gas storage. It has several interesting investments in affiliates, diversifying its income acr

State Bank of India slashes FD rate by 40 bps, second cut in May

The lender will also extend EMI moratorium by 3 months for all eligible customers without waiting for a request

Austerity package of as much as €14bn may be needed to control Covid-19 debt, warns fiscal watchdog Ifac

Spending of billions to support the recovery over the next few years is the right thing to do, but a new government soon after will face “difficult choices” over cuts and tax rises if it is to meet pledges over Sláintecare and housing, the head of the Irish Fiscal Advisory Advisory Council has warned.

WEAT: Further Decline Is Unlikely

Wheat is still relatively more expensive than corn. It will be difficult for U.S. exporters to look for buyers in the new season. The weather can change everyth

Buy Carrier Global As Potential Asset Sales Will Reduce Debt

Recent trading multiple compression due to the coronavirus. Potential asset sales to reduce indebtedness. Strong trends in the residential HVAC replacement cycl

How India can develop its health ecosystem into a dominant, post-Covid economic sector

By streamlining development and regulatory processes, and lending more support so our innovators can compete on a global platform, India can develop its health innovation ecosystem into a dominant, post-Covid economic sector

Radical steps for protection of migrant labour; best way to push demand and employment opportunities

Our capitalist-feudal system views labour as a factor of production and not human beings.

GE Stock Comeback Story is Delayed But Not Canceled

The comeback story of 2020 will have to wait. But if management continues on its 2019 track, GE stock should make the turn eventually.

Punjab to go for additional borrowing amid corona crisis

Punjab to go for additional borrowing amid corona crisis: With Punjab staring at 30 per cent shortfall in revenue receipts in the 2020-21 fiscal, the Council of Ministers .... Get all latest entertainment & viral stories on english.lokmat.com

Canada's RBC, BMO offer subdued outlook, miss profit estimates as bad loan provisions surge

By Nichola Saminather TORONTO (Reuters) - Royal Bank of Canada and Bank of Montreal on Wednesday offered subdued outlooks after missing quarterly earnings expectations as they increased provisions more than six-fold to cover future loan losses due to the COVID-19 outbreak. RBC shares climbed 2.9% in morning trade, while BMO fell 0.2% versus a 2.5% gain in the benchmark banks index.

All the Stocks Are the Same Now

Also insider trading and virtual roadshows.

RBNZ says the banks have $40 billion of loans on commercial property with $5 billion of that in development projects

RBNZ says the banks have $40 billion of loans on commercial property with $5 billion of that in development projects

Under Armour Anticipates Bumpy Road Ahead

Ceo Patrik Frisk told shareholders the company doesn't anticipate a quick turnaround.

Analyst corner: Maintain ‘sell’ on D-Mart operator with TP of Rs 1,900

In FY20, D-Mart added 38 stores vs 21 in FY19. In FY21, we expect lower store adds, while in FY22, this should once again gather pace with 45 store adds.

10 REITs One Year Later - Part 1

It's been a year since I wrote a series of articles about the ten REITs with A or A- S&P credit ratings. Earlier in 2020, I added two REITs from this group of t

Despite rate cuts, your EMIs may still not fall as much

Banks have in-built mechanism to include the cost of default in the interest rate that it charges from the borrowers as way of credit risk premium, which can be increased or decreased by the bank

After Modi’s economic package, Nitin Gadkari asks states to chip in Rs 20 lakh cr more to fight coronavirus

Nitin Gadkari today said that states must contribute Rs 20 lakh crore to fight against coronavirus-led disruptions.

ASX 200 Index holds at a 50% mean reversion, Hong Kong risks loom

Australian shares are struggling to extend the prior day's gain as the world gets back to the elephant in the room which is Hong Kong and US/Sino trad

Aurora Cannabis Stock Is Worth a Look After Reliva Acquisition

Aurora stock piqued the interest of investors when the company announced its acquisition of Reliva and entry into the U.S. market.

Bajaj Finserv: Retain ‘buy’ with fair value of Rs 7,000

Bajaj General Insurance's management will continue to focus on long-term profitability and unlike ICICI Lombard, is willing to ride volatility - a key reason for its higher exposure to crop leading to higher claims ratio and combined ratio over the past two years.

Exxon Mobil Stock Isn’t Worth the Risk

Exxon Mobile stock has been squeezed by an oil price war, the coronavirus pandemic, and debt, making XOM a stock to avoid.

Stock Market Investment in times of Covid-19: Time to rebalance your portfolio, stay invested for long term

Stock markets are hard to predict. The best way to time the market is to remain invested in the market.

Combating economic downturn post Covid-19 pandemic: Sync trade and FDI policies

Revise the existing institutional mechanisms for trade and investment policymaking to make policies more coherent and inclusive

Austerity following pandemic spending 'unacceptable'

Official austerity following massive Government spending during the coronavirus pandemic would be unacceptable, workers in Northern Ireland said.

Should your long-term plans go on hold in these volatile times?

Adam Rhodes, Managing Director of Rhodes Wealth Management, shares his thoughts on the current market climate

Workplace norms after Covid-19 outbreak: Preparing for the new normal

The need of the hour is to rethink organisational transformation, ensure the safety of our employees and re-align operations to help our customers

Analysis: Does COVID-19 offer an opportunity for a green recovery?

But the task facing governments, however, is still a mammoth one. How to remove subsidies for carbon-based fuel without harming the recovery?

The right economic response to the COVID-19 crisis

Extraordinary measures are needed.

Abe Cabinet OKs another ¥117 trillion package to fend off COVID-19 fallout

The new package is aimed at further shoring up steps to help individuals and companies that are financially struggling due to the coronavirus.

SBI cuts interest rates on FDs

Mumbai: India's largest public sector bank State Bank of India (SBI) on May 27 cut fixed deposit interest rate by 40 basis points across all tenors. This is the second rate cut in a month. The...

Why quant legend says it's 26 days to a new normal

A new measure of how long investors see the COVID crisis lasting from quant legend Dan diBartolomeo neatly tells the story of growing optimism.

CCL Stock Price: Carnival Corp set to hit 10-week high above $18 amid growing analyst optimism

Another day, another double-digit increase? Carnival Corp's stocks closed at $16.28 on Tuesday and are changing hands at above $18 per share in pre-ma

2 Reasons Target Will Be a Post-Coronavirus Winner

Target’s earnings suffered in the past quarter, but two points in the report are reasons to smile.

Enjoying the fruits of their labour

Farmers deserve the freedom to market their produce at a place of their choice

Why Copper Could Rise From Here

Copper has taken a hit as a result of a sharp drop in economic activity due to COVID-19. However, the potential for rising inflation expectations along with ris

Pound Sterling Price News and Forecast: GBP/USD bulls paused near 50% Fibo

Flying further up with free-roaming fish? While Brits are closely following the latest developments around Dominic Cummings – the special adviser at D

IMF Says Banks' Profitability Could Be Muted Through 2025

A new report says a host of headwinds will trouble financial institutions worldwide for years, though North American banks are expected to fare slightly better.

Kotak Mahindra Bank set to raise Rs 7,460 crore through share sale

The bank also informed that meeting of the issuance committee of the board is scheduled to be held on May 29 to approve the issue price.

Have US equities finally peaked relative to European equities?

Have US equities finally peaked relative to European equities?

Forex - Dollar Strengthens as U.S.-China Tensions Rise

Forex - Dollar Strengthens as U.S.-China Tensions Rise

Only The Lonely Can Play

Great investment opportunities are lonely. History shows us the crowd behaviors to avoid and the investment market circumstances to capitalize on. We believe we

Eaton Vance: Investment Manager For The Long Term

The investment management industry is under challenge due to investors' focus on passive products and unrelenting downward fee pressure. While investment manage

How advisors can manage clients’ emotions in a time of crisis

It’s important for advisors to be empathetic before presenting clients with recommendations and opportunities

BlackLine: A Software Company With A Strong Moat

BlackLine's focus on cross-system functionality gives the company a competitive advantage. BlackLine's moat comes from customers having extremely high switching

Citi kicks off Eni gas sale with $US165m free-cash-flow pitch

Commodity exposure without the commodity price risk – that's the headline pitch from the energy giant.

What Lessons Have We Learned From COVID-19 That Can We Apply To Clean Energy?

What lessons can we draw from COVID-19 that we can apply to clean energy in addressing climate change? Answer by Daniel Goldman, Co-founder and Managing Director of Clean Energy Ventures.

“The benefits a diverse team can bring are huge”: Interview with Adeva’s CEO and co-founder Katerina Trajchevska

Nowadays, we are lucky to see that an increasing number of inspirational entrepreneurs and leaders climb the career ladder by fusing the power of technology with solidarity, empathy, a human touch, and sense of empowerment. And, by doing so, they pull others up with them. One of these leaders is

How to succeed in a post-coronavirus job market, according to Vice’s SVP

“Staying inside with…,” picks the brains of experts to find out their favorite books, courses, movies, and podcasts they’ve been enjoying during lockdown.

COVID-19 exposed structural deficiency of Nigeria

In the preceding editions, much of the focus has been on the medical response to the novel coronavirus disease, both in Nigeria .

UCO Bank slashes lending rate by 40 basis points

The government expects banks to reduce lending rates, which is required to kick start the economy hit hard by the coronavirus-forced lockdown, among other factors.

Stock Market Wrap-Up: Why Tesla's Price Cuts and Beyond Meat's Stock Drop Shouldn't Worry You

The stock market posted another round of gains.

Mastercard: A Major Beneficiary Of The "New Normal"

Mastercard's recent operating update suggested a likely trough in business activity, with sharp improvements seen in the last few weeks. Cross border transactio

Kentik raises $23.5M for its network intelligence platform

Kentik, the company once known as CloudHelix, today announced that it has raised a $23.5 million growth funding round led by Vistara Capital Partners, with existing investors August Capital, Third Point Ventures, DCVC and Tahoma Ventures also participating. With this round, Kentik has now raised a total of $61.7 million. The company’s platform allows enterprises […]

Canadian dollar climbs to 2½-month high as EU recovery plan cheers investors

Loonie at 72.68 U.S. cents

Red Electrica: Too Exposed To The CNMC

Regulated utility assets make it a guaranteed cash flow generator even under COVID-19. They have an ESG mandate, whereby they are developing energy storage syst

Sun Pharma Q4 profit declines 37%

Sun Pharmaceutical Industries Ltd. has reported 37% drop in consolidated net profit for the fourth quarter ended March 31, 2020 at ₹400 crore as compared to ₹636 crore in the same period last year. Th

Oman's share index ends marginally higher

MSM30 index closed at 3,445.68 points, up 1.11 per cent from previous close

Germany's DAX 30 Index: German stocks gain despite sell-off in tech shares

A sell-off in technology stocks dragged on the German stock market on Wednesday. Nevertheless, the DAX closed the eighth of its last nine trading days

ETRADE Capital Management LLC Boosts Stake in Heico Corp (NYSE:HEI)

ETRADE Capital Management LLC boosted its holdings in Heico Corp (NYSE:HEI) by 19.2% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 4,020 shares of the aerospace company’s stock after buying an additional 647 shares during the period. ETRADE Capital Management LLC’s holdings in Heico were worth […]

Donaldson Company, Inc. (NYSE:DCI) Shares Purchased by Swiss National Bank

Swiss National Bank increased its position in Donaldson Company, Inc. (NYSE:DCI) by 0.2% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 244,700 shares of the industrial products company’s stock after purchasing an additional 600 shares during the period. Swiss National Bank owned about 0.19% of Donaldson […]

Microsoft Co. (NASDAQ:MSFT) is Providence Wealth Advisors LLC’s 2nd Largest Position

Providence Wealth Advisors LLC lessened its position in shares of Microsoft Co. (NASDAQ:MSFT) by 0.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,915 shares of the software giant’s stock after selling 136 shares during the quarter. Microsoft comprises 4.7% of […]

Oppenheimer Asset Management Inc. Buys Shares of 6,823 Cimpress NV (NASDAQ:CMPR)

Oppenheimer Asset Management Inc. bought a new stake in shares of Cimpress NV (NASDAQ:CMPR) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 6,823 shares of the business services provider’s stock, valued at approximately $363,000. Several other institutional investors have also modified their holdings of […]

Papp L Roy & Associates Cuts Stake in Microsoft Co. (NASDAQ:MSFT)

Papp L Roy & Associates lowered its holdings in shares of Microsoft Co. (NASDAQ:MSFT) by 3.0% during the first quarter, Holdings Channel reports. The firm owned 192,115 shares of the software giant’s stock after selling 5,972 shares during the period. Microsoft accounts for about 5.5% of Papp L Roy & Associates’ portfolio, making the stock […]

PNC Financial Services Group Inc. Increases Holdings in Verisign, Inc. (NASDAQ:VRSN)

PNC Financial Services Group Inc. lifted its position in shares of Verisign, Inc. (NASDAQ:VRSN) by 9.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,095 shares of the information services provider’s stock after acquiring an additional 906 shares during the quarter. PNC […]

PNC Financial Services Group Inc. Decreases Stock Holdings in Best Buy Co Inc (NYSE:BBY)

PNC Financial Services Group Inc. trimmed its stake in shares of Best Buy Co Inc (NYSE:BBY) by 4.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 41,823 shares of the technology retailer’s stock after selling 2,035 shares during the period. PNC Financial Services Group […]

Aigen Investment Management LP Grows Stake in Steelcase Inc. (NYSE:SCS)

Aigen Investment Management LP increased its stake in Steelcase Inc. (NYSE:SCS) by 13.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,831 shares of the business services provider’s stock after acquiring an additional 2,639 shares during the period. […]

Russell Investments Group Ltd. Purchases 14,252 Shares of SPS Commerce, Inc. (NASDAQ:SPSC)

Russell Investments Group Ltd. boosted its position in SPS Commerce, Inc. (NASDAQ:SPSC) by 18.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 90,380 shares of the software maker’s stock after purchasing an additional 14,252 shares during the period. Russell Investments […]

First Allied Advisory Services Inc. Decreases Stock Position in AES Corp (NYSE:AES)

First Allied Advisory Services Inc. lessened its position in AES Corp (NYSE:AES) by 58.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,587 shares of the utilities provider’s stock after selling 22,035 shares during the quarter. First Allied Advisory […]

Navient Corp (NASDAQ:NAVI) Shares Sold by Aigen Investment Management LP

Aigen Investment Management LP trimmed its position in Navient Corp (NASDAQ:NAVI) by 57.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,722 shares of the credit services provider’s stock after selling 38,583 shares during the quarter. Aigen Investment Management LP’s holdings in Navient […]

SPS Commerce, Inc. (NASDAQ:SPSC) Shares Sold by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank trimmed its position in shares of SPS Commerce, Inc. (NASDAQ:SPSC) by 15.5% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,050 shares of the software maker’s stock after selling 927 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings […]

Five9 Inc (NASDAQ:FIVN) Shares Purchased by Swiss National Bank

Swiss National Bank boosted its holdings in Five9 Inc (NASDAQ:FIVN) by 2.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 118,500 shares of the software maker’s stock after acquiring an additional 2,400 shares during the quarter. Swiss National Bank owned […]

Cambridge Investment Research Advisors Inc. Raises Stake in CenterPoint Energy, Inc. (NYSE:CNP)

Cambridge Investment Research Advisors Inc. lifted its stake in CenterPoint Energy, Inc. (NYSE:CNP) by 65.3% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 90,480 shares of the utilities provider’s stock after buying an additional 35,740 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in […]

Zurcher Kantonalbank Zurich Cantonalbank Purchases 1,409 Shares of Ares Management Corp (NYSE:ARES)

Zurcher Kantonalbank Zurich Cantonalbank raised its position in Ares Management Corp (NYSE:ARES) by 24.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,109 shares of the asset manager’s stock after buying an additional 1,409 shares during the quarter. Zurcher Kantonalbank […]

First Allied Advisory Services Inc. Makes New Investment in Pinterest (NYSE:PINS)

First Allied Advisory Services Inc. purchased a new position in shares of Pinterest (NYSE:PINS) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 15,740 shares of the company’s stock, valued at approximately $243,000. A number of other institutional investors have also recently added to […]

PNC Financial Services Group Inc. Has $1.75 Million Position in UGI Corp (NYSE:UGI)

PNC Financial Services Group Inc. lessened its stake in UGI Corp (NYSE:UGI) by 10.4% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 65,435 shares of the utilities provider’s stock after selling 7,588 shares during the quarter. PNC Financial Services Group Inc.’s holdings in UGI […]

Pinterest (NYSE:PINS) CFO Todd R. Morgenfeld Sells 36,233 Shares

Pinterest (NYSE:PINS) CFO Todd R. Morgenfeld sold 36,233 shares of the stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $18.59, for a total transaction of $673,571.47. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. PINS […]

Etsy Inc (NASDAQ:ETSY) Shares Sold by Swiss National Bank

Swiss National Bank lessened its holdings in Etsy Inc (NASDAQ:ETSY) by 0.3% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 229,800 shares of the specialty retailer’s stock after selling 800 shares during the period. Swiss National Bank’s holdings in Etsy were worth $8,834,000 as of its most recent filing with the Securities […]

Swiss National Bank Acquires 2,800 Shares of Aecom (NYSE:ACM)

Swiss National Bank raised its holdings in shares of Aecom (NYSE:ACM) by 0.9% in the first quarter, HoldingsChannel.com reports. The firm owned 304,680 shares of the construction company’s stock after buying an additional 2,800 shares during the period. Swiss National Bank’s holdings in Aecom were worth $9,095,000 as of its most recent SEC filing. A […]

Aigen Investment Management LP Purchases Shares of 15,169 NCR Co. (NYSE:NCR)

Aigen Investment Management LP purchased a new stake in shares of NCR Co. (NYSE:NCR) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 15,169 shares of the information technology services provider’s stock, valued at approximately $268,000. A number of other institutional investors have also made […]

Zurcher Kantonalbank Zurich Cantonalbank Purchases 1,434 Shares of Brighthouse Financial Inc (NASDAQ:BHF)

Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Brighthouse Financial Inc (NASDAQ:BHF) by 18.1% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 9,348 shares of the company’s stock after purchasing an additional 1,434 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Brighthouse Financial were worth […]

Swiss National Bank Acquires 2,400 Shares of BWX Technologies Inc (NYSE:BWXT)

Swiss National Bank lifted its holdings in BWX Technologies Inc (NYSE:BWXT) by 1.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 184,700 shares of the technology company’s stock after purchasing an additional 2,400 shares during the period. Swiss National Bank’s holdings in BWX Technologies were […]

Ares Management Corp (NYSE:ARES) Insider Sells $1,861,277.25 in Stock

Ares Management Corp (NYSE:ARES) insider David B. Kaplan sold 50,647 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $36.75, for a total transaction of $1,861,277.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which […]

Swiss National Bank Increases Position in Polaris Industries Inc. (NYSE:PII)

Swiss National Bank lifted its holdings in Polaris Industries Inc. (NYSE:PII) by 23.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 225,549 shares of the company’s stock after purchasing an additional 42,400 shares during the quarter. Swiss National Bank owned about 0.37% […]

ETRADE Capital Management LLC Increases Stake in Proto Labs Inc (NYSE:PRLB)

ETRADE Capital Management LLC grew its position in Proto Labs Inc (NYSE:PRLB) by 20.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,066 shares of the industrial products company’s stock after acquiring an additional 686 shares during the quarter. ETRADE Capital […]

IndexIQ Advisors LLC Trims Stock Position in Catchmark Timber Trust Inc (NYSE:CTT)

IndexIQ Advisors LLC cut its holdings in shares of Catchmark Timber Trust Inc (NYSE:CTT) by 6.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,717 shares of the financial services provider’s stock after selling 1,785 shares during the period. IndexIQ Advisors LLC owned […]

ETRADE Capital Management LLC Sells 5,276 Shares of Juniper Networks, Inc. (NYSE:JNPR)

ETRADE Capital Management LLC reduced its stake in shares of Juniper Networks, Inc. (NYSE:JNPR) by 24.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 16,284 shares of the network equipment provider’s stock after selling 5,276 shares during the period. ETRADE Capital Management LLC’s holdings […]

ETRADE Capital Management LLC Acquires 12,515 Shares of ON Semiconductor Corp (NASDAQ:ON)

ETRADE Capital Management LLC lifted its position in ON Semiconductor Corp (NASDAQ:ON) by 109.4% in the first quarter, HoldingsChannel.com reports. The firm owned 23,957 shares of the semiconductor company’s stock after acquiring an additional 12,515 shares during the period. ETRADE Capital Management LLC’s holdings in ON Semiconductor were worth $298,000 as of its most recent […]

Bank of New York Mellon Corp Has $28.14 Million Stake in Twist Bioscience Corp (NASDAQ:TWST)

Bank of New York Mellon Corp raised its holdings in Twist Bioscience Corp (NASDAQ:TWST) by 1,085.9% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 920,144 shares of the company’s stock after acquiring an additional 842,556 shares during the period. Bank of New York Mellon Corp’s holdings in Twist Bioscience were worth $28,139,000 as […]

Oppenheimer Asset Management Inc. Raises Position in Amdocs Limited (NASDAQ:DOX)

Oppenheimer Asset Management Inc. boosted its stake in Amdocs Limited (NASDAQ:DOX) by 40.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,343 shares of the technology company’s stock after buying an additional 2,680 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings […]

Akamai Technologies, Inc. (NASDAQ:AKAM) Shares Acquired by First Allied Advisory Services Inc.

First Allied Advisory Services Inc. lifted its position in shares of Akamai Technologies, Inc. (NASDAQ:AKAM) by 8.6% during the first quarter, Holdings Channel reports. The firm owned 2,658 shares of the technology infrastructure company’s stock after acquiring an additional 211 shares during the quarter. First Allied Advisory Services Inc.’s holdings in Akamai Technologies were worth […]

PNC Financial Services Group Inc. Boosts Position in Lincoln Electric Holdings, Inc. (NASDAQ:LECO)

PNC Financial Services Group Inc. increased its position in Lincoln Electric Holdings, Inc. (NASDAQ:LECO) by 10.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,951 shares of the industrial products company’s stock after purchasing an additional 2,610 shares during […]

Yelp Inc (NYSE:YELP) COO Joseph R. Nachman Sells 2,635 Shares of Stock

Yelp Inc (NYSE:YELP) COO Joseph R. Nachman sold 2,635 shares of the stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $20.81, for a total transaction of $54,834.35. Following the sale, the chief operating officer now directly owns 146,890 shares of the company’s stock, valued […]

Swiss National Bank Buys 348,300 Shares of Noble Energy, Inc. (NYSE:NBL)

Swiss National Bank increased its stake in Noble Energy, Inc. (NYSE:NBL) by 23.1% during the first quarter, HoldingsChannel reports. The firm owned 1,856,312 shares of the oil and gas development company’s stock after acquiring an additional 348,300 shares during the period. Swiss National Bank’s holdings in Noble Energy were worth $11,212,000 as of its most […]

First Trust Advisors LP Trims Stake in Westlake Chemical Co. (NYSE:WLK)

First Trust Advisors LP trimmed its holdings in shares of Westlake Chemical Co. (NYSE:WLK) by 29.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 84,430 shares of the specialty chemicals company’s stock after selling 34,448 shares during the quarter. First […]

1,927 Shares in Liberty Broadband Corp Series C (NASDAQ:LBRDK) Acquired by Aigen Investment Management LP

Aigen Investment Management LP purchased a new position in Liberty Broadband Corp Series C (NASDAQ:LBRDK) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,927 shares of the company’s stock, valued at approximately $213,000. Several other institutional investors also recently […]

Swiss National Bank Grows Position in Spirit AeroSystems Holdings, Inc. (NYSE:SPR)

Swiss National Bank lifted its holdings in shares of Spirit AeroSystems Holdings, Inc. (NYSE:SPR) by 23.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 401,831 shares of the aerospace company’s stock after buying an additional 75,600 shares during the period. Swiss […]

Hawaiian Electric Industries, Inc. (NYSE:HE) Holdings Boosted by Swiss National Bank

Swiss National Bank boosted its holdings in Hawaiian Electric Industries, Inc. (NYSE:HE) by 1.2% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 211,300 shares of the utilities provider’s stock after acquiring an additional 2,600 shares during the period. Swiss National Bank owned […]

Cetera Advisor Networks LLC Sells 226 Shares of Akamai Technologies, Inc. (NASDAQ:AKAM)

Cetera Advisor Networks LLC reduced its position in Akamai Technologies, Inc. (NASDAQ:AKAM) by 7.6% during the first quarter, Holdings Channel.com reports. The firm owned 2,757 shares of the technology infrastructure company’s stock after selling 226 shares during the quarter. Cetera Advisor Networks LLC’s holdings in Akamai Technologies were worth $252,000 as of its most recent […]

Rhumbline Advisers Purchases 7,594 Shares of Meritage Homes Corp (NYSE:MTH)

Rhumbline Advisers lifted its position in shares of Meritage Homes Corp (NYSE:MTH) by 6.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 134,215 shares of the construction company’s stock after purchasing an additional 7,594 shares during the period. Rhumbline Advisers owned […]

Johnson & Johnson (NYSE:JNJ) is Moloney Securities Asset Management LLC’s 3rd Largest Position

Moloney Securities Asset Management LLC grew its position in shares of Johnson & Johnson (NYSE:JNJ) by 15.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,097 shares of the company’s stock after purchasing an additional 8,210 shares during the […]

Johnson & Johnson (NYSE:JNJ) Stake Raised by Fiera Capital Corp

Fiera Capital Corp grew its position in Johnson & Johnson (NYSE:JNJ) by 9.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,931,498 shares of the company’s stock after acquiring an additional 580,576 shares during the quarter. Johnson & Johnson comprises about […]

Capital Advantage Inc. Has $958,000 Stake in Johnson & Johnson (NYSE:JNJ)

Capital Advantage Inc. boosted its holdings in shares of Johnson & Johnson (NYSE:JNJ) by 2.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,305 shares of the company’s stock after buying an additional 138 shares during the quarter. Capital Advantage Inc.’s holdings in […]

Johnson & Johnson (NYSE:JNJ) Shares Sold by Security National Bank of Sioux City Iowa IA

Security National Bank of Sioux City Iowa IA decreased its position in shares of Johnson & Johnson (NYSE:JNJ) by 1.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,628 shares of the company’s stock after selling 270 shares during the period. […]

Johnson & Johnson (NYSE:JNJ) Shares Sold by Biondo Investment Advisors LLC

Biondo Investment Advisors LLC trimmed its stake in Johnson & Johnson (NYSE:JNJ) by 1.0% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 36,868 shares of the company’s stock after selling 365 shares during the quarter. Johnson & Johnson makes up 1.6% of Biondo Investment […]

Johnson & Johnson (NYSE:JNJ) Holdings Lifted by Partnervest Advisory Services LLC

Partnervest Advisory Services LLC increased its holdings in shares of Johnson & Johnson (NYSE:JNJ) by 12.0% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 6,776 shares of the company’s stock after purchasing an additional 725 shares during the quarter. Partnervest Advisory Services LLC’s holdings in Johnson & Johnson were worth $889,000 as of […]

Lighthouse Financial Advisors Inc. Buys 2,850 Shares of Johnson & Johnson (NYSE:JNJ)

Lighthouse Financial Advisors Inc. grew its stake in shares of Johnson & Johnson (NYSE:JNJ) by 16.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,000 shares of the company’s stock after purchasing an additional 2,850 shares during the period. Johnson & Johnson makes […]

ETRADE Capital Management LLC Sells 8,844 Shares of Koninklijke Philips NV (NYSE:PHG)

ETRADE Capital Management LLC lowered its position in shares of Koninklijke Philips NV (NYSE:PHG) by 54.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,426 shares of the technology company’s stock after selling 8,844 shares during the period. ETRADE […]

PNC Financial Services Group Inc. Purchases 4,239 Shares of Science Applications International Corp (NYSE:SAIC)

PNC Financial Services Group Inc. lifted its stake in shares of Science Applications International Corp (NYSE:SAIC) by 22.9% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 22,776 shares of the information technology services provider’s stock after acquiring an additional 4,239 shares during the period. […]

PNC Financial Services Group Inc. Raises Stake in DENTSPLY SIRONA Inc (NASDAQ:XRAY)

PNC Financial Services Group Inc. boosted its position in DENTSPLY SIRONA Inc (NASDAQ:XRAY) by 36.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,949 shares of the medical instruments supplier’s stock after buying an additional 12,660 shares […]

ETRADE Capital Management LLC Reduces Stock Holdings in Floor & Decor Holdings Inc (NYSE:FND)

ETRADE Capital Management LLC reduced its stake in shares of Floor & Decor Holdings Inc (NYSE:FND) by 29.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,705 shares of the company’s stock after selling 4,017 shares during the quarter. ETRADE Capital Management LLC’s […]

AMN Healthcare Services, Inc. (NYSE:AMN) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. cut its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 6.3% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 38,629 shares of the company’s stock after selling 2,617 shares during the period. PNC Financial Services Group Inc. owned about 0.08% […]

Russell Investments Group Ltd. Sells 40,321 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Russell Investments Group Ltd. reduced its holdings in AMN Healthcare Services, Inc. (NYSE:AMN) by 36.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 69,520 shares of the company’s stock after selling 40,321 shares during the period. Russell Investments Group Ltd. owned approximately 0.15% […]

AMN Healthcare Services, Inc. (NYSE:AMN) Shares Acquired by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 38.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,401 shares of the company’s stock after buying an additional 1,213 shares during the period. Zurcher Kantonalbank Zurich […]

IndexIQ Advisors LLC Invests $177,000 in Marcus & Millichap Inc (NYSE:MMI)

IndexIQ Advisors LLC bought a new stake in shares of Marcus & Millichap Inc (NYSE:MMI) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,532 shares of the real estate investment trust’s stock, valued at approximately $177,000. A […]

Russell Investments Group Ltd. Sells 9,634 Shares of First Industrial Realty Trust, Inc. (NYSE:FR)

Russell Investments Group Ltd. cut its stake in shares of First Industrial Realty Trust, Inc. (NYSE:FR) by 7.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 126,555 shares of the real estate investment trust’s stock after selling 9,634 shares during the quarter. Russell Investments […]

TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. trimmed its holdings in TAKE-TWO INTERACTIVE SOFTWARE, INC (NASDAQ:TTWO) by 44.6% during the first quarter, HoldingsChannel.com reports. The firm owned 2,919 shares of the company’s stock after selling 2,346 shares during the period. Oppenheimer & Co. Inc.’s holdings in TAKE-TWO INTERACTIVE SOFTWARE were worth $346,000 as of its most recent SEC […]

Nations Financial Group Inc. IA ADV Has $1 Million Stake in Johnson & Johnson (NYSE:JNJ)

Nations Financial Group Inc. IA ADV lessened its stake in Johnson & Johnson (NYSE:JNJ) by 1.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,655 shares of the company’s stock after selling 135 shares during the period. Nations Financial Group Inc. IA […]

Quilter Plc Decreases Stock Holdings in Johnson & Johnson (NYSE:JNJ)

Quilter Plc decreased its position in shares of Johnson & Johnson (NYSE:JNJ) by 0.2% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 134,207 shares of the company’s stock after selling 269 shares during the period. Johnson & Johnson makes up about 1.2% […]

Johnson & Johnson (NYSE:JNJ) Shares Purchased by Swiss National Bank

Swiss National Bank increased its position in shares of Johnson & Johnson (NYSE:JNJ) by 21.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,147,766 shares of the company’s stock after purchasing an additional 2,003,900 shares during the period. […]

Citizens & Northern Corp Has $2.14 Million Stake in Johnson & Johnson (NYSE:JNJ)

Citizens & Northern Corp increased its holdings in Johnson & Johnson (NYSE:JNJ) by 6.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,282 shares of the company’s stock after buying an additional 921 shares during the period. Johnson […]

Armbruster Capital Management Inc. Sells 325 Shares of Johnson & Johnson (NYSE:JNJ)

Armbruster Capital Management Inc. reduced its stake in shares of Johnson & Johnson (NYSE:JNJ) by 9.1% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,265 shares of the company’s stock after selling 325 shares during the period. Armbruster Capital Management Inc.’s holdings in Johnson […]

Security National Bank of SO Dak Trims Holdings in Johnson & Johnson (NYSE:JNJ)

Security National Bank of SO Dak lowered its holdings in shares of Johnson & Johnson (NYSE:JNJ) by 7.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 13,402 shares of the company’s stock after selling 1,006 shares during the quarter. Johnson & Johnson accounts for about 2.3% of Security National Bank of SO Dak’s […]

Johnson & Johnson (NYSE:JNJ) Shares Purchased by Hilton Capital Management LLC

Hilton Capital Management LLC increased its position in shares of Johnson & Johnson (NYSE:JNJ) by 907.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 75,620 shares of the company’s stock after acquiring an additional 68,116 shares during the quarter. Johnson […]

Spectrum Management Group LLC Sells 1,374 Shares of Johnson & Johnson (NYSE:JNJ)

Spectrum Management Group LLC lessened its stake in shares of Johnson & Johnson (NYSE:JNJ) by 87.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 196 shares of the company’s stock after selling 1,374 shares during the quarter. Spectrum Management Group LLC’s holdings […]

Bank of The West Decreases Stake in Johnson & Johnson (NYSE:JNJ)

Bank of The West reduced its stake in shares of Johnson & Johnson (NYSE:JNJ) by 5.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 16,577 shares of the company’s stock after selling 867 shares during the period. Bank of The West’s holdings in Johnson […]

Mackay Shields LLC Takes $956,000 Position in Turning Point Therapeutics (NASDAQ:TPTX)

Mackay Shields LLC purchased a new stake in Turning Point Therapeutics (NASDAQ:TPTX) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 21,400 shares of the company’s stock, valued at approximately $956,000. Other large investors have also recently added to or […]

PNC Financial Services Group Inc. Has $2.22 Million Stock Position in iShares MSCI Eurozone ETF (BATS:EZU)

PNC Financial Services Group Inc. decreased its stake in iShares MSCI Eurozone ETF (BATS:EZU) by 21.2% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 72,893 shares of the company’s stock after selling 19,604 shares during the quarter. PNC Financial Services Group Inc.’s holdings in […]

PNC Financial Services Group Inc. Buys 18,570 Shares of iShares Silver Trust (NYSEARCA:SLV)

PNC Financial Services Group Inc. grew its stake in shares of iShares Silver Trust (NYSEARCA:SLV) by 16.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 134,308 shares of the exchange traded fund’s stock after acquiring an additional 18,570 shares during the quarter. […]

iShares Europe ETF (NYSEARCA:IEV) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lowered its position in shares of iShares Europe ETF (NYSEARCA:IEV) by 41.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,795 shares of the company’s stock after selling 36,838 shares during the quarter. PNC Financial Services […]

First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. reduced its holdings in shares of First Trust Dorsey Wright Focus 5 ETF (NASDAQ:FV) by 14.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 64,393 shares of the company’s stock after selling 11,224 shares during the quarter. […]

PNC Financial Services Group Inc. Raises Stake in Rio Tinto plc ADR (NYSE:RIO)

PNC Financial Services Group Inc. lifted its position in shares of Rio Tinto plc ADR (NYSE:RIO) by 9.5% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 45,286 shares of the mining company’s stock after purchasing an additional 3,938 shares during the quarter. PNC Financial Services Group […]

India's GDP growth to slow down to 1.5% in Q4, says ICICI Bank report

India's GDP growth is estimated to be 4.2 per cent for full fiscal FY20 and minus 4 per cent for FY21 "with more than Rs 14 lakh crore of real output loss", as per ICICI Bank's research report

Q4 GDP: Where will India be when this dreadful year finally ends? Today's numbers will show the first signs

The nationwide lockdown announced from March 25 brought the entire economy to a standstill .

Coronavirus impact: Indian economy to contract 5% in FY21, says Fitch Ratings

Fitch expects output in emerging markets, excluding China, to fall by 4.5 per cent this year compared to a predicted fall of 1.9 per cent before

India facing its worst recession in current fiscal: Crisil

India's fourth recession since independence, the first since liberalisation and perhaps the worst to date, is here, Crisil said on Tuesday

India’s worst recession is here

New Delhi, May 27: Indias fourth recession since Independence, first since liberalisation, and perhaps the worst to date is here, according to rating agency, Crisil.

India’s worst recession is here, says Crisil

CRISIL also foresees economic activity in states with high Covid-19 cases to suffer prolonged disruption as restrictions could continue longer.

Nationwide lockdown may shrink India’s GDP by this much in Q1; SBI gives hope for Q2

The contraction in the Q1 FY21 GDP may be as high as 40 per cent.

Mega COVID-19 lockdown puts India’s 'animal spirits' to sleep in April

Government data will probably show expansion slowed in January-March to 1.5%

Economy may contract by over 40% in Q1: SBI Research

SBI Research estimates the economy will contract by 6.8 per cent in FY21.

Fitch Ratings further reduced India’s GDP forecast to (-) 5 per cent

New Delhi, May 27 (IANS) India’s stringent lockdown norms have lasted longer than expected, said Fitch Ratings as it further reduced India’s GDP forecast to (-) 5 per cent from an earlier projected growth of 0.8 per cent for the current fiscal.

Virus Lockdown Put India Animal Spirits To Sleep, Signals Data

The Reserve Bank of India expects contraction in the current fiscal year India’s economy was pushed into a state of … Virus Lockdown Put India Animal Spirits To Sleep, Signals Data Read More »

Stringent lockdown further reduced GDP forecast: Fitch

IANS New Delhi India’s stringent lockdown norms have lasted longer than expected, said Fitch Ratings as it further reduced India’s GDP forecast to (-)

Mega lockdown puts India’s animal spirits to sleep in April

The numbers offered the first glimpse of the devastating hit to the economy.

Mega lockdown puts India's animal spirits to sleep in April

India Business News: India’s economy was pushed into a state of dormancy in April as the world’s strictest stay-at-home measures to contain the coronavirus took its toll.

Russia consumer demand drops, jobless jump in April lockdown

MOSCOW, May 27 — Retail sales in Russia fell more than expected in April, while unemployment jumped above forecasts during a dire first full month of coronavirus lockdown for the country, data from statistics service Rosstat showed yesterday. Russia's economic health is in focus after a slump in...

Animal Spirits stuck at the same place as lockdown stall economic activity

The dashboard signals Asia’s third-largest economy had a dismal start to the new fiscal year from April 1, after what’s been an already disappointing beginning to the calendar year.

Covid-19: China’s industrial firms profits fall in April but at slower pace

Profits at China’s industrial firms in April fell 4.3% year-on-year to 478.1 billion yuan ($67 billion), after plunging 34.9% in March, the statistics bureau said on Wednesday.

Decline in China's industrial profits slows in April, outlook still gloomy

Decline in China's industrial profits slows in April, outlook still gloomy

Covid-19 lockdown: Indian economy to contract 5% in 2020-’21, predicts Fitch Ratings

The contraction is mainly because of the sharp slump in consumer spending and fixed investment amid a ‘very stringent’ lockdown policy.

World economic prospects darken, rebound delayed: Reuters poll

Economic prospects for the developed world this year have darkened again in the past month as the coronavirus pandemic has rolled from Asia to the ...

India's Q1 GDP may contract 40%, states to lose Rs 30 trillion: Report

For FY21, the SBI Ecowrap report has projected a 6.8 per cent contraction in the country's real GDP

Manufacturers’ sentiment marks record-low since 2009

Weighed down by the prolonged COVID-19 pandemic, South Korean manufacturers saw their business confidence sink to the lowest level in over 12 years for the upcoming month, central bank data showed Wednesday. The business sentiment index -- BSI -- for the domestic manufacturing sector came to 49 for June, down from 50 for this month, according to the Bank of Korea. While a reading below 100 indicates a pessimist mar...

French economy making 'cautious' virus lockdown recovery

Economic activity in France is making a clear if cautious recovery after lockdown measures were relaxed earlier this month but the country is still heading for a roughly 20 percent contraction this quarter, the national statistics agency said Wednesday.

Realtors dismiss 'nightmare'

Canada Mortgage and Housing Corp. (CMHC) released a housing forecast May 27 that envisioned a nightmare collapse of the housing market with national sales dropping up to 29 per cent, starts plunging by 50-70 per cent and average house prices dropping as much as 18 per cent with no real recovery until 2022.

April manufacturing IIP to contract by 50-60 per cent: Report

"We believe IIP manufacturing and IIP in April will contract by 50% -60% with some improvement in May in the range of -30% to -35%" said the SBI report released on Wednesday. Official release of IIP numbers for April are scheduled to be released in the second week of June.

Construction at lowest level since 2010

While home-building has weakened for a seventh consecutive quarter and is likely to weaken further, other sectors remain 'decent'.

World economic prospects darken, rebound delayed: Poll

With many countries starting to ease lockdown restrictions imposed to stop the spread of the virus, which has infected over 5.5 million people globally

Covid-19: Catch up to trend-GDP difficult in three years

However, this time around, things could be different, the agency said, alluding to the fact that the loss of GDP this time around could be much steeper.

World economic prospects darken, rebound delayed: Reuters poll

World economic prospects darken, rebound delayed: Reuters poll

Coronavirus impact: Cement production to witness steepest fall ever of upto 30% in FY21

The slowdown in cement industry, which was already impacted by tepid economic activity, was compounded by the coronavirus-led lockdown instituted in March

France GDP could fall 'around 20%' in second quarter: Statistics agency

France's economy could contract by around 20 per cent in the second quarter as lockdown measures meant to slow the spread of the coronavirus slashed activity, the national statistics agency INSEE

World economic prospects darken, rebound delayed – Poll

BENGALURU (Reuters) – Economic prospects for the developed world this year have darkened again in the past month as the coronavirus pandemic has rolled from Asia to the Americas, with a V-shaped sharp recovery expected by less than one-fifth of economists polled by Reuters.

New home construction could drop by as much as 75 per cent from early-year levels, CMHC warns

Work stoppages and restrictions on construction have slowed residential building, especially in Quebec and Ontario

France GDP could fall 'around 20pc' in second quarter, statistics agency says

PARIS, May 27 — France's economy could contract by around 20 per cent in the second quarter as lockdown measures meant to slow the spread of the coronavirus slashed activity, the national statistics agency Insee said today. It said that the French economy was currently running “at roughly...

Prospects for global economic recovery look bleak – Reuters poll

The latest Reuters survey of more than 250 economists over the past few weeks showed that the clouds over the global economic recovery have darkened a

CMHC sees declines in home prices, sales, starts that will linger to end of 2022

CMHC said average housing prices could fall anywhere from nine to 18 per cent in its forecast

CMHC sees declines in home prices, sales, starts that will linger to end of 2022

Canada's housing sector will see a retreat in prices, sales and building in the months ahead and likely won't see a return to pre-pandemic levels until at least the end of 2022, said Canada Mortgage and Housing Corp. in an outlook released Wednesday.

French economy making 'cautious' virus lockdown recovery

A return to normal will likely take many months, warns France's national statistics agency

CMHC sees declines in home prices, sales, starts that will linger to end of 2022

Canada's housing sector will see a retreat in prices, sales and building in the months ahead and likely won't see a return to pre-pandemic levels until at least the end of 2022, according to Canada Mortgage and Housing Corp.

Home building down 1.6pc, with worse to come

Residential construction slowed to 1.6 per cent in the first three months of the year - the slowest rate of decline since March quarter last year - but economists expect GDP will still be negative for March.

Residential building declines as government considers cash grants for new homes

There was already a decline in the home building industry before the coronavirus pandemic began, heaping pressure on the government to stimulate the sector.

Korea's May exports tipped to dip 22.5% on pandemic: poll

South Korea's exports are expected to dip nearly 23 percent in May from a year earlier and post a trade deficit for the second consecutive month, a poll showed Wednesday, as the new coronavirus continued to disrupt global supply chains. The country's outbound shipments are estimated at $35.4 billion this month, falling sharply from $45.9 billion posted a year earlier, according to the poll by Yonhap Infomax, the fin...

Residential building declines as government considers cash grants for new homes

There was already a decline in the home building industry before the coronavirus pandemic began, heaping pressure on the government to stimulate the sector.

Residential building declines as government considers cash grants for new homes

There was already a decline in the home building industry before the coronavirus pandemic began, heaping pressure on the government to stimulate the sector.

Demand for properties surges in Leeds, Newcastle, Portsmouth and Southampton as pent-up buyers return

Zoopla says demand from buyers was 20% higher in the week following the reopening of the housing market on 12 May, compared to the beginning of March.

France expects economic slow-down by 20% in Q2

French gross domestic product in the second quarter of 2020 is forecast to drop by massive 20%, according to the country’s official INSEE statistics as reported by The Guardian.

US mortgage applications rise for sixth straight week

WASHINGTON: U.S. applications for home mortgages jumped last week, in a sixth straight weekly increase, suggesting the housing market could lead ...

India’s GDP growth seen at 1.2% for Q4 Financial Year 2020

Country's GDP is estimated to have grown at 1.2 percent in the last quarter of the previous fiscal as economic activity came to a standstill in the last week of March due to the nationwide lockdown.

Lengthy housing recovery

Canada Mortgage and Housing Corp. says it expects home prices and sales to decline substantially this year and still won't have recovered by the end of 2022.

U.S. mortgage applications rise for sixth straight week

U.S. mortgage applications rise for sixth straight week

Israeli Economy Shrinks By More Than 7 Percent Amid COVID-19 Crisis

Private spending dropped by 20.3 percent, investment in fixed assets by 17.3 and exports by 5.9 percent from January to March, according to Israel’s Central Bureau of Statistics.

Coronavirus: 'Short-lived' rebound in house hunter demand

Buyer demand leapt when curbs on the sector were lifted in England, but may not last long-term, analysis says.

Economic Update: Fitch Ratings cuts GDP forecasts again – McKinsey see opportunities for a greener recovery

27 May Fitch Ratings has made further cuts to world GDP forecasts in its latest Global Economic Outlook (GEO). Brian...Read More...

COVID-19: EU aims to back struggling south with fiscal shock and awe

Blueprint will form central plank of EU’s response to coronavirus pandemic’s impact

Euro zone economy to shrink between 8% and 12% this year: Christine Lagarde

Lagarde said the actual outcome would be between the "medium and "severe" scenarios

EU Aims to Back Struggling South With Fiscal Shock and Awe

The European Commission unveiled an unprecedented stimulus plan to tackle the worst recession in living memory and underwrite struggling Italy’s membership of the 27-nation bloc.

Brussels wants €750bn borrowing power to fund virus recovery

European Commission president Ursula von der Leyen must win backing from reluctant capitals

EU's financial 'firepower' is 1.85 trillion with 750bn for COVID fund

Of the 750 billion euro recovery fund, the 500 billion euros would be given to EU countries as grants, the remaining 250 billion euros would be available as loans."

Mix of loans and grants in Commission €750bn package

Italy and Spain, the worst-hit EU countries by the coronavirus pandemic, will get much of the new money under the European Commission's recovery plans - that mark a turning point for the bloc in moving towards joint debt.

EU Commission proposes €750 billion recovery fund in wake of Covid-19 crisis

The European Commission is proposing a €750 billion recovery fund to reboot economies hit hard by the coronavirus outbreak, EU officials said on Wednesday.

EU to unveil virus recovery plan amid split over way ahead

The move Wednesday comes as the 27-nation trading bloc is set to enter its deepest-ever recession as the impact from the coronavirus pandemic ravages economies.

'Defining moment': Brussels proposes $1.2trn EU rescue plan

The huge program of loans and grants aims to restore the EU's tanking economies, shore up its strained solidarity and revive its climate ambitions.

EU to Propose €750bn Covid Recovery Package to Tackle 'Unprecedented Crisis'

The plan comes as the 27-member bloc faces the prospect of a deep EU-wide recession. Nearly all member states have breached EU deficit limits as they have rushed to...

European Union unveils €750 billion economy rescue plan

Bloc will borrow funds from the market and disburse them in loans and grants.

EU to propose €750bn Covid recovery package for states

Ireland in line for grants of €1.9 billion in package weighted by how badly economies have been hit

EU to unveil massive stimulus plan for post-coronavirus recovery

To help member states recover from coronavirus slump.

EU unveils unprecedented 750 bn euro recovery plan

European Union chief Ursula von der Leyen on Wednesday proposed a 750-billion-euro post-virus recovery fund for Europe but will have to win over sceptical member states to push it through.

EU unveils unprecedented 750 bn euro recovery plan

European Union chief Ursula von der Leyen on Wednesday proposed a 750-billion-euro post-virus recovery fund for Europe, but will have to win over sceptical member states to push it through.

EU proposes 750 billion-euro coronavirus recovery fund

BRUSSELS (AP) — The European Union proposed Wednesday a 750 billion-euro ($825 billion) recovery fund to help countries weather a painful recession triggered by the coronavirus and bridge divisions over...

EU chief von der Leyen to propose €1 trillion coronavirus recovery fund

It comes after Germany and France proposed a €500 billion fund instead of coronabonds – but it’s still not clear if the funds will be loans or grants.

Germany’s Scholz sees recovery fund as more than money

German finance minister talks to POLITICO about the need to look beyond national economies to make an EU that can work for decades to come.

European Commission proposes €750B EU recovery package

‘Today we face our very own defining moment,’ Ursula von der Leyen says.

EU’s Von der Leyen to unveil trillion-euro recovery plan

Brussels, Belgium | AFP |  European Union chief Ursula von der Leyen will on Wednesday propose a roughly one-trillion-euro post-virus recovery fund for Europe, but will have to win over sceptical member states. The global coronavirus outbreak has thrust the EU into its deepest ever recession, and Von der Leyen’s proposal will set out to help …

Europe Proposes $823 Billion Pandemic Aid Package

To bring a divided and battered continent together, the chief executive of the European Union on Wednesday laid out an ambitious $823 billion plan to help Europe recover from the coronavirus pandemic and move toward a greener and more technologically advanced future.

Von der Leyen seeks to rally Europe behind ‘next generation’ recovery plan

European Commission president to pitch for a huge increase in spending power

What is in the EU’s €750bn recovery plan and how will it affect Ireland?

Q&A: What are the main stumbling blocks, and how will the plan affect Ireland?

Coronavirus: What is involved in the EU’s recovery plan?

Q&A: What are the main stumbling blocks, and how will the plan affect Ireland?

EU to unveil massive stimulus plan for post-coronavirus recovery

The aim is to help countries and sectors worst hit by the COVID-19 pandemic recover quickly and protect the EU single market of 450 million people from being splintered by divergent economic growth and wealth levels as the 27-nation bloc emerges from its deepest ever recession expected this year.

European Commissions unveils €750-billion recovery plan

The European Commission proposed a €750-billion aid package to help Europe’s economic recovery from the fallout of the coronavirus pandemic on Wednesday

The European Union Is on the Brink of Historic Change

The Commission’s $825 billion rescue fund would break many taboos, possibly paving the way for EU taxes and an EU treasury

EU to propose €750bn Covid-19 recovery package

Ireland in line for grants of €1.9bn in scheme weighted by how badly economies have been hit

EU proposes €750 billion coronavirus recovery fund

The European Commission has proposed a recovery fund of €750 billion, which it says is designed to repair the economic damage caused by the coronavirus pandemic.

European Union Reveals $826 Billion Economic Stimulus Plan To Battle Coronavirus Damage

Under the proposal, the EU will issue €750 billion in government bonds and then distribute that cash to its member states through grants and loans. Nothing will happen, however, until all 27 of the EU’s member states approve.

Battle ahead for EU's massive virus recovery plan

If passed, this proposal would be the biggest European Union stimulus package in history. But Germany predicts talks would drag on until the end of 2020.

Battle ahead for EU’s massive virus recovery plan

Brussels, Belgium | AFP | European Union chief Ursula von der Leyen on Wednesday proposed a 750-billion-euro post-virus recovery fund for Europe and urged sceptical member states to back it. The global coronavirus outbreak has already thrust the EU into its deepest ever recession, and Von der Leyen’s proposal would help the worst affected countries. But …

EU plans a record-breaking $826 billion stimulus package to soothe Europe's economic pain from the coronavirus

The European Commission on Wednesday proposed a €750 billion (about $826 billion) stimulus package to help the European Union recover from ...

Anger as EU orders all nations to chip into ‘unprecedented’ €750bn coronavirus recovery fund for worst-hit countries

A CONTROVERSIAL €750bn bailout of European Union countries worst hit by the coronavirus is set to spark a furious clash. The “unprecedented” measures will help economies hammered by the…

'Starting point': EU's frugal members cool on recovery plan

Austria, the Netherlands, Denmark, and Sweden want emergency help for countries badly hit by the coronavirus to take the form of one-off loans

EU pledges €40b for ‘just transition’ from fossil fuels

BRUSSELS, May 27 — The European Commission has increased five-fold its proposed European Union fund to wean carbon-intensive regions off fossil fuels, with fresh cash from a new recovery fund to help Europe’s ailing economies rebound after the coronavirus pandemic. Countries are already...

Sebastian Kurz cautious on Commission’s €750B recovery blueprint

Austrian chancellor, a leader of EU’s frugal faction, tells POLITICO he sees some positives in proposal.

Pandemic recovery funds could help jump-start European Green Deal initiative

The €750 billion recovery plan and the separate €1.1 trillion budget for 2021–27, which were unveiled Wednesday, have earmarked billions for renewable...

Greece “will invest, not spend, its share” of the EU €750 billion recovery plan

Following the announcement of the €750 billion aid package to help Europe's economic recovery from the fallout of the coronavirus pandemic, Greek government

EU pledges 40 billion euros for 'just transition' from fossil fuels

BRUSSELS (Reuters) - The European Commission has increased five-fold its proposed European Union fund to wean carbon-intensive regions off fossil fuels, with fresh cash from a new recovery fund to help Europe’s ailing economies rebound after the new coronavirus pandemic.

Euro economy facing recession as bad as worst forecasts – ECB president

Christine Lagarde says estimates for milder slump ‘out of date’

Euro-Area Economy Closer to ECB’s Worst-Case Estimates, Lagarde Says

The euro-area economy is faring worse than hoped, facing a recession as bad as the European Central Bank’s more pessimistic forecasts.

EU proposes $825 billion COVID-19 'Recovery Plan for Europe'

May 27 (UPI) -- The European Union on Wednesday proposed a $825 billion stimulus plan to help stabilize member states amid a recession brought on by the COVID-19 crisis.

The Euro-to-Dollar Rate Crosses Rubicon On EU Recovery Plan but Analysts Divided in Views on Outlook

The Euro vs the Dollar - Latest Exchange Rate News and Forecasts on the Euro Dollar Currency Pair Today

The EU plans a record-breaking new stimulus package of $826 billion to soothe Europe’s economic pain from the coronavirus

The European Commission unveiled a planned deployment of 750 billion euros ($826 billion) on Wednesday as part of its new long-term budget and recovery plan to help fight the impact of the coronavirus on the continent’s economy.

Factbox: Key climate spending in EU's 'green recovery' plan

BRUSSELS (Reuters) - The European Commission unveiled a 750 billion euro ($826.3 billion) package on Wednesday which it says will put fighting climate change at the heart of the bloc’s recovery from the coronavirus pandemic.

The EU plans a record-breaking new stimulus package of $826 billion to soothe Europe's economic pain from the coronavirus, Business Insider - Business Insider Singapore

Business Insider - The European commission aims to fund its recovery plan by raising unprecedented sums on the financial markets.. Read more at businessinsider.sg

Lagarde: It’s even worse than we thought

ECB president supports more public spending as milder economic predictions are ‘out of date.’

EU Commission: European recovery plan and next long-term budget to use €1.85 trillion

The European recovery plan and the next long-term budget will use €1.85 trillion to kick-start the EU economy, Reuters reported on Wednesday, citing t

The US should stop blocking vital IMF funds for poorer countries

Helpful steps were taken to provide assistance to developing countries grappling with the economic fallout from the COVID-19 crisis at the "virtual" spring meetings of the World Bank Group and the International Monetary Fund (IMF) from April 14 to 17, and at the Group of 20 (G20) summit that took place a few weeks earlier.

As Europe Unveils “green” Recovery Package, Trans-Atlantic Rift On Climate Policy Widens

The European Union is using the economic downturn to accelerate its clean energy transition. In the US, a surprise new policy that would provide relief to the oil and gas sector shows it has different priorities during the crisis.

ECB’s Lagarde ‘not overly concerned’ about new euro crisis

FRANKFURT AM MAIN, May 27 — European Central Bank chief Christine Lagarde said today she was “not overly concerned” that the coronavirus pandemic could renew fears of the eurozone breaking up, after a report from the Frankfurt institution highlighted the danger yesterday. “I’m not overly...

Boeing starts job cuts with 6,770 layoffs in U.S. this week

Boeing Co. unveiled the first of its planned job cuts, saying it would notify 6,770 employees in the U.S. this week that their positions would be eliminated.

Boeing to lay off more than 13,000 workers including 6,700 involuntary job cuts as the aerospace giant reels from coronavirus crisis

Boeing announced Wednesday it will lay off around 13,000 workers including 6,770 involuntary cuts while 5,520 staffers were accepted for voluntary severance packages.

Boeing cuts 12,000 jobs, resumes production of grounded jet

Boeing is cutting more than 12,000 U.S. jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming.

Boeing cuts 12,000 jobs, resumes production of grounded jet

Boeing is cutting more than 12,000 U.S. jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming.

Boeing Cuts Jobs for 12,000 Workers in the US

Boeing has been reeling from a drop in demand for aircraft, as travel plunges amid the pandemic and worsens the pressure on the company, which was already in crisis...

Boeing slashes 12,000 jobs as coronavirus impacts travel industry

A Boeing spokesperson said Wednesday's actions represent the largest number of job cuts, but several thousand additional jobs will be eliminated in the next few months

Boeing to axe 12,000 US workers even as Max assembly resumes

Aircraft manufacturer says production of grounded jet will initially be at ‘low rate’

Boeing slashes 12,000 jobs as virus seizes travel industry

Boeing is slashing around 10 per cent of its workforce, and the aircraft maker says more cuts are coming.

Boeing slashes 12,000 jobs as virus seizes travel industry

Boeing is slashing around 10 per cent of its workforce, and the aircraft maker says more cuts are coming.

Boeing will lay off nearly 7,000 workers as the industry is decimated by the COVID-19 pandemic, Business Insider - Business Insider Singapore

Business Insider - The company described the layoffs as "the first," with more expected later in the year.. Read more at businessinsider.sg

Boeing slashes 12,000 jobs as virus seizes travel industry

Boeing is slashing around 10 per cent of its workforce, and the aircraft maker says more cuts are coming.

Boeing cutting more than 12,000 US jobs with thousands more planned

Boeing Co said Wednesday it was eliminating more than 12,000 U.S. jobs, including laying off 6,770 U.S. workers as the largest American ...

Boeing slashes 12,000 jobs as virus seizes travel industry

Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry, and more cuts are coming.

Boeing slashes 12,000 jobs

Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry, and more cuts are coming.

COVID-19: Boeing slashes 12,000 jobs as virus seizes travel industry

Air travel within the US tumbled 96% by mid-April, to fewer than 100,000 people on a day

Boeing slashes 12,000 jobs as virus seizes travel industry

The Transportation Security Administration said it screened 264,843 people at airports on Tuesday, a drop of 89% compared with the same Tuesday a year ago.

Boeing slashes 12,000 jobs as virus seizes travel industry

Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming.

Boeing Cutting More Than 12,000 US Jobs With Thousands More Planned

Boeing said Wednesday it was eliminating more than 12,000 U.S. jobs, including laying off 6,770 U.S. workers as the largest American planemaker restructures in the face of the coronavirus pandemic. From a report: Boeing also disclosed it plans "several thousand remaining layoffs" in the next few mon...

Boeing slashes 12,000 jobs as virus seizes travel industry

Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry, and more cuts are coming.

Boeing slashes 12,000 jobs as virus seizes travel industry

Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming.

Boeing slashes 12,000 jobs as virus seizes travel industry

Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry. And the aircraft maker says more cuts are coming.

Boeing slashes 12,000 jobs as virus seizes travel industry

The layoffs are expected to be concentrated in the Seattle area, home to Boeing's commercial-airplanes business. The defense and space division is stable and will help blunt the impact of the decline in air travel and demand for passenger jets.

Boeing will lay off nearly 7,000 workers as the industry is decimated by the COVID-19 pandemic

Boeing said on Wednesday that it will lay off 6,770 US employees, “the first” wave of an expected round of job cuts as the coronavirus pandemic wreaks havoc on the aerospace sector.

Boeing cutting more than 12,000 jobs with layoffs, buyouts

The company said it will lay off 6,770 workers this week, and another 5,520 are taking buyouts.

Boeing slashes 12,000 jobs as coronavirus seizes travel industry

The layoffs are expected to be concentrated in the Seattle area, home to Boeing's commercial-airplanes business.

Boeing cutting more than 12,000 U.S. jobs

Boeing Co said on Wednesday it was eliminating more than 12,000 U.S. jobs, including 6,770 involuntary layoffs, as the largest American planemaker restructures in the face of the coronavirus pandemic. Boeing also disclosed it plans "several thousand remaining layoffs" in coming months but did not say where those would take…

Boeing cutting more than 12,000 U.S. jobs, thousands more planned

Boeing cutting more than 12,000 U.S. jobs, thousands more planned

Boeing set to announce significant US job cuts this week: Union

In April, Boeing chief executive Dave Calhoun said the company had “begun taking action to lower our number of employees by roughly 10 percent".

COVID-19 Impact: Boeing expected to announce job cuts in US after aviation sector rocked by plunging travel demand

In April, Boeing chief executive Dave Calhoun said the company had “begun taking action to lower our number of employees by roughly 10 percent through a combination of voluntary layoffs, natural turnover and involuntary layoffs as necessary.”

Boeing cutting more than 12,000 US jobs, thousands more planned

Boeing Co said on Wednesday it was eliminating more than 12,000 U.S. jobs, including 6,770 involuntary layoffs, as the largest American ...

Boeing cutting more than 12,000 U.S. jobs with thousands more planned

By David Shepardson WASHINGTON (Reuters) - Boeing Co said Wednesday it was eliminating more than 12,000 U.S.

Boeing job cuts start to hit nearly 13,000 workers

A drop in travel due to the pandemic worsened the situation for the company, which was already in crisis.

Boeing cutting more than 12,000 US jobs, thousands more planned

WASHINGTON, May 28 — Boeing Co said yesterday it was eliminating more than 12,000 US jobs, including 6,770 involuntary layoffs, as the largest American planemaker restructures in the face of the coronavirus pandemic. Boeing also disclosed it plans “several thousand remaining layoffs” in...

Boeing cutting more than 12,000 US jobs, thousands more planned

Boeing Co said on Wednesday it was eliminating more than 12,000 U.S. jobs, including 6,770 involuntary layoffs, as the largest American ...

Boeing Slashes Over 12,000 US Jobs Amid COVID-19, Thousands More Planned

Boeing Co said Wednesday it was eliminating more than 12,000 US jobs, including involuntary layoffs of 6,770 US workers as the largest American planemaker restructures in the face of the coronavirus pandemic.

Boeing set to announce significant US job cuts this week

A spokesman for the Society of Professional Engineering Employees in Aerospace (SPEEA) union that represents 17,600 Boeing employees told Reuters Tuesday the company informed the union it should expect layoff notices on Friday.

Boeing Resumes 737 MAX Production After Announcing Over 12,000 Job Cuts

The 737 MAX hasn't been allowed to fly since March of 2019, following deadly crashes.

Boeing Slashes Over 12,000 Jobs, With More Cuts Coming

The cuts come as the commercial airline industry has seen a historic fall in demand.

Boeing set to announce significant US job cuts this week

Boeing Co is expected to announce U.S. job cuts this week after disclosing last month it planned to shed 10per cent of its worldwide workforce of ...

Boeing set to announce significant US job cuts this week: union

Boeing Co is expected to announce U.S. job cuts this week after disclosing last month it planned to shed 10per cent of its worldwide workforce of ...

Boeing set to announce significant US job cuts this week: Union

Boeing Co is expected to announce US job cuts this week after disclosing last month it planned to shed 10% of its worldwide workforce of 160,000 employees

Boeing set to announce significant US job cuts this week: Union

Boeing Co is expected to announce US job cuts this week after disclosing last month it planned to shed 10% of its worldwide workforce of 160,000 employees, people briefed on the plans and a union

Boeing set to announce significant U.S. job cuts this week: union

WASHINGTON (Reuters) - Boeing Co is expected to announce U.S. job cuts this week after disclosing last month it planned to shed 10% of its worldwide workforce of 160,000 employees, people briefed on the plans and a union said.

Boeing sends layoff notices to more than 6,000 employees

May 27 (UPI) -- Boeing said Wednesday it is laying off more than 6,000 employees in the first phase of its plans to reduce its workforce by 10 percent as the airline industry reels from the coronavirus pandemic.

Boeing Resumes Production Of 737 Max At "Low" Rate

Boeing has resumed production of the 737 MAX at a "low" rate following two deadly crashes that led to the aircraft's global grounding by regulators, the company said Wednesday.

Boeing restarted 737 Max production just hours after saying it would lay off thousands of workers, Business Insider - Business Insider Singapore

Business Insider - Boeing said it had resumed construction of the 737 Max at its Renton, Washington, plant, just hours after announcing layoffs.. Read more at businessinsider.sg

Boeing begins involuntary layoffs, but defense biz to remain mostly untouched

Only about 100 of the more than 6,000 Boeing workers to be laid off this week will come from its defense division.

Boeing restarted 737 Max production just hours after saying it would lay off thousands of workers

Boeing said it had resumed construction of the 737 Max at its Renton, Washington, plant, just hours after announcing layoffs.

Boeing Job Cuts to Start Hitting Seattle-Area Workers This Week

Boeing Co. is poised to unveil deep job cuts to its Seattle-area engineering ranks this week as the planemaker shrinks its workforce to cut costs amid the sharpest contraction in aviation history.

Renault-Nissan-Mitsubishi deepen their alliance

Struggling automakers Renault, Nissan and Mitsubishi unveiled Wednesday a plan to deepen their alliance, a top global producer of cars, that only months ago seemed on the verge of breakup.

Renault-Nissan-Mitsubishi deepen their alliance

As the auto industry faces an existential crisis from the coronavirus pandemic, Renault, Nissan, and Mitsubishi pledge to work together to 'enhance efficiency and competitiveness'

Renault and Nissan rule out merger

As they unveil survival plan.

Renault, Nissan rule out merger, unveil plan to save troubled alliance

Renault and Nissan were among the weakest global automakers going into the coronavirus crisis

Renault and Nissan rule out merger as they unveil survival plan

PARIS/TOKYO (Reuters) - Renault (RENA.PA), Nissan Motor Co (7201.T) and Mitsubishi Motors Corp (7211.T) ruled out a merger on Wednesday and doubled down on a plan to cooperate more closely on car production to save costs and salvage their troubled alliance.

Nissan and Renault unveil steps to cut costs and revamp alliance

Renault SA and Japanese partners Nissan Motor Co. and Mitsubishi Motors Corp. on Wednesday unveiled steps to standardize platforms further and push for mor

Renault and Nissan rule out merger as they unveil survival plan

Companies to cooperate more closely on car production to save costs

Renault and Nissan rule out merger as they unveil survival plan

Renault , Nissan Motor Co and Mitsubishi Motors Corp ruled out a merger on Wednesday and doubled down on a plan to cooperate more closely on car ...

Renault and Nissan scrap Ghosn strategy in move to slash costs

Carmakers rule out merger and ditch longstanding sales targets as alliance with Mitsubishi switches focus

Renault and Nissan deepen cooperation in bid for survival

TOKYO, May 27 — Renault, Nissan Motor Co and Mitsubishi Motors Corp said today they would each take a lead on car manufacturing in different regions in a wide-ranging revamp of their partnership to slash costs and survive. The three carmakers are reeling from the coronavirus pandemic which...

Renault and Nissan rebuild their alliance to ride out the coronavirus storm

When Renault SA , Nissan Motor Co and Mitsubishi Motors Corp announced the last strategy plan for their Alliance in September 2017, the goal was ...

Renault and Nissan deepen cooperation in bid for survival

Renault and Nissan deepen cooperation in bid for survival

Factbox: Renault and Nissan's plan to rebuild their alliance

TOKYO (Reuters) - The automaking alliance of Renault SA (RENA.PA), Nissan Motor Co (7201.T) and Mitsubishi Motors Corp (7211.T) outlined a new strategy on Wednesday whereby the strongest partner takes the lead in areas such as new technologies and parts procurement.

Nissan-Renault alliance to share more parts, technology

The auto alliance of Nissan and Renault said Wednesday it will be sharing more vehicle parts, technology and models to save costs as the industry struggles to survive the coronavirus pandemic.

Nissan-Renault alliance to share more parts, technology

Alliance Operating Board Chairman Jean-Dominique Senard said the group, which also includes smaller Japanese automaker Mitsubishi Motors Corp., will have each company focusing on geographic regions.

Renault-Nissan-Mitsubishi plan to deepen cooperation

Struggling automakers Renault, Nissan and Mitsubishi unveiled Wednesday a plan to deepen cooperation in their alliance that would see them develop nearly half of cars jointly by 2025 to cut costs and

From boom to bottom: Renault and Nissan bet on deeper cooperation

As Renault, Nissan and junior partner Mitsubishi repair their alliance, they are under pressure to recover from two years of falling vehicle sales, a problem exacerbated by the coronavirus pandemic

Renault, Nissan, Mitsubishi outline new plan to survive coronavirus crisis

On Wednesday, the Alliance partners will outline a new plan with a less lofty objective, survival, the Reuters reported

Timeline: From boom to bottom: Renault and Nissan bet on deeper cooperation

(Reuters) - Renault SA (RENA.PA), Nissan Motor Co (7201.T) and Mitsubishi Motors have no plans to merge and will instead focus on a new production sharing plan to cut costs and improve efficiency, Chairman Jean-Dominique Senard said on Wednesday.

Nissan-Renault alliance to share more parts, technology

The auto alliance of Nissan and Renault said Wednesday it will be sharing more vehicle parts, technology and models to save costs as the industry struggles to survive the coronavirus pandemic.

Renault, Nissan, And Mitsubishi Detail Alliance Business Changes

The part that caught our attention the most is the so-called principles of the leader-follower scheme for vehicles.

Tesla just cut its car prices by up to $5,000 to jump-start sales during the pandemic

Tesla has slashed pricing for its Model 3, Model X, and Model S models as the coronavirus pandemic ravages US car sales, as Reuters reports.

Tesla just cut its car prices by up to $5,000 to jump-start sales during the pandemic

The Tesla Model X SUV and Model S sedan are $5,000 cheaper, while the Model 3 got a $2,000 cut. The move comes as COVID-19 tanks overall car sales.

Tesla cuts prices by as much as 6% in North America to boost demand

BEIJING (Reuters) - Tesla Inc (TSLA.O) has cut prices of its electric vehicles by as much as 6% in North America following a decline in auto demand in the region during weeks of lockdown that have now started to ease.

Tesla just cut its car prices by up to $5,000 to jump-start sales during the pandemic, Business Insider - Business Insider Singapore

Business Insider - The Tesla Model X SUV and Model S sedan are $5,000 cheaper, while the Model 3 got a $2,000 cut. The move comes as COVID-19 tanks overall car sales.. Read more at businessinsider.sg

Tesla cuts prices by as much as 6per cent in North America to boost demand

BEIJING: Tesla Inc has cut prices of its electric vehicles by as much as 6per cent in North America following a decline in auto demand in the ...

Tesla cuts prices by as much as 6% in North America to boost demand

Auto retail sales in the United States likely halved in April from a year earlier, showed data from J.D. Power.

Tesla cuts car prices by up to $5,000

Its prices in China are also being reduced.

Tesla knocks $5,000 off Model X price as coronavirus hurts demand

Just call it the coronavirus discount. Tesla this week cut the prices of its vehicles in North America as auto demand has taken a hit thanks to pandemic-related lockdowns across the region. The Model

Tesla slashes EV prices by up to $5,000 in North America and China

Tesla has given its more expensive models, the Model S and the Model X, the biggest price cut, slashing $5,000 off their old purchase price. The Model S Long Range Plus EV is now listed for $74,990 from $79,990, while the Performance version now costs $94,990.

Tesla Cuts Prices of Electric Cars by up to 6 Percent in North America

It's Supercharger quick-charger is also no longer free for new Model S and X customers.

Tesla slashes EV prices by as much as six percent in North America

Tesla has slashed the price of its electric vehicles by as much as six percent in North America due to waning demand caused by the ongoing Covid-19 pandemic.

Tesla reduces price of nearly every car by $2,000 or more

A nice surprise from Tesla.

Price Chopper: Tesla Sinks Stickers As U.S. Factory Comes Back Online

Hoping to reduce the coronavirus pandemic's strain on its balance sheet, Tesla slashed prices on three of its four models on Wednesday.

Tesla reduces car prices in North America and China

Adjustments in prices come amidst the reduction in car demand during the coronavirus crisis. Tesla has announced that prices of cars will be cut in North America, and China in a bid to increase sales.

Tesla to cut car prices in North America, China

The price cut comes as states after lockdowns during which demand for cars waned.

Tesla to cut car prices in North America, China

BEIJING — Tesla Inc said on Wednesday it will cut prices of its electric vehicles in North America as the firm ramps up car production at its Fremont, California, factory after the easing of coronavirus lockdowns.

Tesla Cutting Car Prices to Spur Demand

The electric vehicle company had strong first-quarter results, but COVID-19 related lockdowns have put a damper on North American car sales.

Tesla to cut prices for some models in North America, China

U.S. electric vehicle maker Tesla Inc said on Wednesday it will cut prices in North America, as the firm ramps up car production in its Fremont, ...

Tesla reduces prices of its cars in the US

Tesla today surprised everyone by announcing price cuts for its cars. This new price cut is applicable in both China and the US. The price cut varies from $2000 to $5000 depending on the model. Find the details below.

HP Inc. 2020 Q2 - Results - Earnings Call Presentation

The following slide deck was published by HP Inc. in conjunction with their 2020 Q2 earnings call.

Photronics, Inc. 2020 Q2 - Results - Earnings Call Presentation

The following slide deck was published by Photronics, Inc. in conjunction with their 2020 Q2 earnings call.

NetApp, Inc. 2020 Q4 - Results - Earnings Call Presentation

The following slide deck was published by NetApp, Inc. in conjunction with their 2020 Q4 earnings call.

Box, Inc. 2021 Q1 - Results - Earnings Call Presentation

The following slide deck was published by Box, Inc. in conjunction with their 2021 Q1 earnings call.

Petropavlovsk PLC 2019 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Petropavlovsk PLC in conjunction with their 2019 Q4 earnings call.

Itamar Medical Ltd. 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by Itamar Medical Ltd. in conjunction with their 2020 Q1 earnings call.

Bank of Montreal 2020 Q2 - Results - Earnings Call Presentation

The following slide deck was published by Bank of Montreal in conjunction with their 2020 Q2 earnings call.

Net 1 UEPS Technologies, Inc. 2020 Q3 - Results - Earnings Call Presentation

The following slide deck was published by Net 1 UEPS Technologies, Inc. in conjunction with their 2020 Q3 earnings call.

Royal Bank of Canada 2020 Q2 - Results - Earnings Call Presentation

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Prosafe SE 2020 Q1 - Results - Earnings Call Presentation

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Columbus McKinnon Corporation 2020 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Columbus McKinnon Corporation in conjunction with their 2020 Q4 earnings call.

New Frontier Health Corporation 2020 Q1 - Results - Earnings Call Presentation

The following slide deck was published by New Frontier Health Corporation in conjunction with their 2020 Q1 earnings call.

Keysight Technologies, Inc. 2020 Q2 - Results - Earnings Call Presentation

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Star Bulk Carriers Corp. 2020 Q1 - Results - Earnings Call Presentation

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Lufthansa board rejects EU conditions on $10 billion bailout

Lufthansa board rejects EU conditions on $10 billion bailout

Lufthansa's $15b rescue hits surprise hurdle as board rejects EU conditions

Lufthansa's German government bailout was thrown into doubt after the airline's supervisory board refused to accept the conditions attached by Brussels.

Lufthansa's $15b rescue hits surprise hurdle as board rejects EU conditions

Lufthansa's German government bailout was thrown into doubt after the airline's supervisory board refused to accept the conditions attached by Brussels.

Lufthansa board rejects EU conditions on $10 billion bailout

By Arno Schuetze and Ilona Wissenbach FRANKFURT (Reuters) - Lufthansa's $10 billion government bailout was thrown into doubt on Wednesday after the German airline's supervisory board refused to accept the conditions attached by Brussels. The board, which had been expected to sign off on the aid, instead refused EU requirements that Lufthansa permanently give up take-off and landing slots at Frankfurt and Munich airports, where it commands a two-thirds market share. The bailout plan nevertheless remains

Lufthansa's $15b rescue hits surprise hurdle as board rejects EU conditions

Lufthansa's German government bailout was thrown into doubt after the airline's supervisory board refused to accept the conditions attached by Brussels.

Lufthansa refuses to accept EU conditions on $10-billion bailout

Airlines including Air France-KLM and the main U.S. carriers have all sought government aid to ride out the coronavirus crisis, which has brought air travel to a near-halt.

Lufthansa board rejects EU conditions on US$10 bln bailout

German airline Lufthansa's supervisory board on Wednesday rejected conditions imposed by Brussels on a proposed government bailout, casting fresh ...

Merkel vows a ‘tough fight’ with Brussels over Lufthansa rescue

Merkel and Vestager brace for a fight over how far Berlin can go to save its flag carrier.

New turbulence in high-stakes Lufthansa rescue drama

Lufthansa says its supervisory board is currently 'unable to approve' the aid package from Germany, as conditions must be 'analyzed intensively'

New turbulence in high-stakes Lufthansa rescue drama

Coronavirus-stricken airline group Lufthansa wavered Wednesday on grabbing a nine-billion-euro ($9.9 billion) German state lifeline, throwing up new turbulence for a rescue that could decide the fate ...

Lufthansa says currently ‘unable to approve’ state rescue over EU conditions

FRANKFURT AM MAIN, May 27 — Coronavirus-stricken airline group Lufthansa said today its supervisory board was “unable to approve” a nine-billion-euro (US$9.9 billion) German state rescue over fears of over-harsh conditions from Brussels. “Conditions currently indicated by the EU...

Lufthansa says 'unable to approve' coronavirus rescue over EU conditions

Airline giant Lufthansa said it cannot approve a German state rescue over fears that conditions imposed by Brussels would be too harsh. The aid package must still be cleared by the European Commission's competition arm.

Lufthansa supervisory board postpones approval of bailout package

Lufthansa's supervisory board was unable to approve a 9-billion euro (US$9.90 billion) bailout in light of conditions imposed by the European ...

Lufthansa supervisory board unable to approve bailout package

Lufthansa's supervisory board was unable to approve a 9-billion euro (US$9.90 billion) bailout in light of conditions imposed by the European ...

Samsung Unveils 'Samsung Money' Cash Management Account and Mastercard Debit Card

Samsung has introduced 'Samsung Money by SoFi', a new mobile-first money management experience that offers a cash management account, Mastercard debit card, and exclusive Samsung Pay benefits.

Samsung Money is Now Official, Brings a Debit Card Linked to Samsung Pay

Only last month we talked about how Samsung is planning on launching their own debit card and now it has happened. Samsung Money is now official; it is in partnership with SoFi, which is an online personal finance company based out of San Francisco. by partnering up with the company, Samsung Pay would see a …

Samsung's answer to Apple Card is called Samsung Money

Not long ago, Samsung has announced that they will collaborate with personal finance company SoFi to launch a debit card that is tied in with Samsung Pay. The debit card will allow users to manage their finance through the app that is already popular among Samsung devices' users. Today, it has been revealed that the answer to Apple Card (Apple's debit card) will be called Samsung Money, and it will be launching soon later this summer.

Meet Samsung Money by SoFi, a Mastercard debit card and mobile money management experience

Samsung today announced Samsung Money by SoFi, a new Mastercard debit card with exclusive benefits to Samsung Pay and a mobile-first money management experience. Instead of building a solution like Apple Card on its own, Samsung has partnered with fintech company SoFi for Samsung Money.

Samsung Money is the company's Samsung Pay linked debit card

Samsung has provided more details about its Samsung Money debit card program for which it has partnered with SoFi and Mastercard. The debit card will be available in the U.S. from later this summer.

Samsung Money: This is Samsung’s answer to the Apple Card

As reported previously, Samsung is introducing a physical debit card that’s integrated with Samsung Pay. The solution is called Samsung Money and it’s released in partnership with SoFi and Mastercard.

Samsung Money debit card to launch this summer

The company teamed up with Mastercard and SoFi.

Samsung Money is the company’s new Samsung Pay-linked debit card program

Another tech company debit card.

[Update: Official] Samsung is planning to offer a debit card this summer

According to Samsung, the company is planning to introduce a debit card with money management tools for Samsung Pay this summer.

Samsung and SoFi launch money management tool

Electronics giant Samsung has partnered US digital lender SoFi on a mobile-first money management platform and Mastercard debit card.

Samsung Pay unveils its first debit card in partnership with SoFi

Samsung Money by SoFi combines a cash management account with no account fee and a Mastercard debit card with exclusive benefits.

SoFi Powers Samsung Pay Mobile Banking Services

Samsung Electronics America, Inc. has announced a new mobile-focused money management experience called Samsung Money by SoFi.

Samsung Money is a debit card tied to Samsung Pay

Samsung has introduced a debit card, Money, that's tightly linked to Samsung Pay.

Donations by companies to PM-CARES Fund notified as CSR, says govt

Finance Minister Nirmala Sitharaman had tweeted on March 29 that CSR Funds can now donate to PM CARES Fund

PM CARES now eligible to receive contribution under CSR; govt amends Act

The Ministry of Corporate Affairs (MCA) has allowed the CSR contributions by making changes to the Companies Act via notification dated May 26

Contributions to PM CARES Fund will be considered as CSR: Centre

The Centre has notified that contributions to the PM CARES Fund will be considered as part of Corporate Social Responsibility (CSR) of companies. “In Schedule VII, item (viii), after the words ‘Prime

Govt amends norms; companys’ contribution to PM Cares Fund to qualify as CSR expenditure

NEW DELHI: The government has amended the norms whereby contributions by corporates to the PM CARES Fund will qualify as … Govt amends norms; companys’ contribution to PM Cares Fund to qualify as CSR expenditure Read More »

Modi govt amends Companies Act, makes PM CARES eligible to receive CSR funds

The notification was brought in to make PM CARES fund eligible to receive CSR funding. It will be implemented with a retrospective effect and shall deem to have come into force on March 28. 

Companies Act amended, contributions to PM CARES Fund to be considered as CSR | Economy News

New Delhi: The Ministry of Corporate Affairs has issued a notification that contributions to the PM CARES Fund will be … Companies Act amended, contributions to PM CARES Fund to be considered as CSR | Economy News Read More »

Companies Act amended to make PM CARES Fund eligible for CSR contributions

Until now, only the Prime Minister's National Relief Fund was eligible to receive CSR funding.

Govt amends norms; companies' contribution to PM CARES Fund to qualify as CSR expenditure

The government has amended the norms whereby contributions by corporates to the PM CARES Fund will qualify as CSR spending under the companies law

Govt amends norms; companys' contribution to PM Cares Fund to qualify as CSR expenditure

India Business News: The government has amended the norms whereby contributions by corporates to the PM CARES Fund will qualify as corporate social responsibility (CSR) sp

Government amends norms; companies' contribution to PM CARES Fund to qualify as CSR expenditure

The PM CARES Fund would be utilised to deal with any emergency or distress situation such as coronavirus outbreak.

Companies Act 2013 Amended To Make PM CARES Eligible To Receive CSR Funding From Corporates

Now, corporates can fund the government under CSR activity. Gazette notification to this effect was released by the Narendra Modi government under which the PM CARES fund can receive funds from...

ByteDance Hit $3 Billion in Net Profit Last Year

TikTok’s parent ByteDance Ltd. generated more than $3 billion of net profit on over $17 billion in revenue last year, figures that show the world’s most valuable startup is still growing at a brisk rate, according to people familiar with the matter.

TikTok owner made over R52 billion net profit last year – Report

TikTok’s parent ByteDance Ltd. generated more than $3 billion of net profit on over $17 billion in revenue last year, figures that show the world’s most valuable startup is still growing at a brisk rate, according to people familiar with the matter.

ByteDance has become the world's most valuable startup - Gizchina.com

ByteDance has become the world's most valuable startup. The company is the parent company of the controversial TikTok app

Tiktok maker ByteDance hit $3-billion in net profit last year

TikTok parent company ByteDance generated more than $17-billion in revenue and more than $3-billion in net profit last year, making it a serious rival to Facebook and Google.

TikTok parent ByteDance 'clocks up €2.7bn in profit' on lip-synch craze

TikTok’s parent ByteDance generated more than $3bn (€2.7bn) of net profit on over $17bn in revenue last year, figures that show the world’s most valuable startup is still growing at a brisk rate.

ByteDance, Chinese Digital Giant And Owner Of TikTok, Reported To Have Revenues Of $17 Billion

It has been widely reported that Bytedance, the Beijing-based digital entertainment and information company, had impressive 2019 revenue and earnings.

TikTok owner ByteDance reportedly hit $3 billion in net profit in 2019

ByteDance, parent company to short-form video app TikTok, pulled in more than $3 billion in profit last year, Bloomberg reports.

TikTok owner ByteDance reportedly hit $3 billion in net profit in 2019

ByteDance pulled in $17 billion in revenue in 2019, more than double what it made in 2018.

TikTok owner ByteDance reportedly hit $3 billion in net profit in 2019, Business Insider - Business Insider Singapore

Business Insider - ByteDance pulled in $17 billion in revenue in 2019, more than double what it made in 2018.. Read more at businessinsider.sg

McDonald's, Primark, IKEA and Poundland among major chains making announcements ahead of June 15

Including McDonald's Drive Thru branches and Primark stores

John Lewis reveals first stores to reopen doors on June 15

The retailer said it will reopen two stores on Monday June 15, followed by a further 11 sites on Thursday June 18.

John Lewis reveals first stores to reopen doors on June 15

The retailer said it will reopen two stores on Monday June 15, followed by a further 11 sites on Thursday June 18.

John Lewis unveils plans to reopen department stores from June 15

It is part of a phased reopening - but some stores are expected to remain shut.

John Lewis reveals first stores to reopen doors on June 15

The retailer said it will reopen two stores on Monday June 15, followed by a further 11 sites on Thursday June 18.

McDonald's to open all drive-thru restaurants by next Thursday

Fast food chain McDonald's will open its 28 drive-thru restaurants in Northern Ireland by Thursday of next week.

Date announced for Nottingham branch of John Lewis to reopen - and what customers can expect

Numerous safety measures will be in place

'Buzz in the air' as Shropshire shops prepare to reopen

Plans to reopen retail next month could save the high street and stop scores of shops being closed for good, according to a Shropshire business owner.

Queues and limited browsing in store for English shoppers

LONDON, May 27 — People eager to hit the shops again when English high street retailers, department stores and shopping centres reopen will face queuing and few opportunities to try products. Stores will look and operate very differently from how they did before a coronavirus lockdown was imposed...

Google says it plans to start reopening offices soon

Offices to reopen in a phased manner for Google employees who cannot work remotely.

Google will begin reopening its offices starting July 6 with limited capacity

Google will begin reopening its offices starting July 6 with limited capacity, Alphabet and Google CEO Sundar Pichai said on Tuesday.Pichai, in an official blog post, said that the tech giant will beg

Facebook, Twitter, Google, and Microsoft will let employees work from home through 2020 or longer. Here's how tech companies are reconsidering remote work in the wake of COVID-19.

Tech giants returning to work are relying on safety measures like thermal cameras, mandatory face masks, and hand sanitizer.

Google to reopen offices from July 6, gives workers $1,000 each

Google has set July 6 the date for its employees to return to office in a gradual, phased manner and has announced to give $1,000

Facebook, Twitter, Google, and Microsoft will let employees work from home through 2020 or longer. Here’s how tech companies are reconsidering remote work in the wake of COVID-19.

As states prepare to lift COVID-19 stay-at-home orders across the US, some of tech’s biggest players have started to solidify their timelines for reopening their offices.

Google to reopen offices from July 6, gives workers $1,000 each

Google's original plan was to keep work from home policy until June 1

Facebook, Twitter, Google, and Microsoft will let employees work from home through 2020 or longer. Here's how tech companies are reconsidering remote work in the wake of COVID-19., Business Insider - Business Insider Singapore

Business Insider - Tech giants returning to work are relying on safety measures like thermal cameras, mandatory face masks, and hand sanitizer.. Read more at businessinsider.sg

Google to begin reopening offices in July

The technology giant has said new health and safety measures will be in place to support social distancing.

Googlers can start returning to work July 6, but on limited basis

Search giant Google will start welcoming employees back to offers beginning July 6 but on a volunteer and limited basis.

Exclusive: Volkswagen in final talks to seal biggest M&A deals in China EV sector - sources

Volkswagen AG is in final talks to seal its largest investment deals with Chinese electric vehicle (EV) firms, two sources said, as the German ...

VW reportedly close to sealing biggest-ever deals in China's EV sector

Volkswagen AG is in final talks to seal its largest investment deals with Chinese electric vehicle (EV) firms, two sources said, as the German automaker accelerates its push into the world's largest market for environmentally friendlier cars. The firm is poised to buy 50% of Anhui Jianghuai Automobile Group Holding, the parent of EV partner JAC Motors , for at least 3.5 billion yuan ($491 million), the people said on condition of anonymity as the matter was private. Volk

Volkswagen in final talks to seal biggest M&A deals in China EV sector: Sources

Volkswagen AG is in final talks to seal its largest investment deals with Chinese electric vehicle (EV) firms, two sources said, as the German ...

Volkswagen in final talks to seal biggest M&A deals in China EV sector: Sources

The firm is poised to buy 50% of Anhui Jianghuai Automobile Group Holding, the parent of EV partner JAC Motors, for at least 3.5 billion yuan ($491 million), the people said on condition of anonymity as the matter was private. It is also set to become the biggest shareholder of EV battery maker Guoxuan High-tech Co Ltd, the people said, adding both deals could be announced as early as Friday.

Volkswagen in final talks to seal biggest M&A deals in Chinese EV sector

The deals would make Volkswagen the latest foreign automaker to increase ownership in China since the government started to relax ownership rules in 2018 here with Germany's BMW AG quick to take control of its main local venture

Exclusive: Volkswagen in final talks to seal biggest M&A deals in China EV sector - sources

HONG KONG/FRANKFURT (Reuters) - Volkswagen AG (VOWG_p.DE) is in final talks to seal its largest investment deals with Chinese electric vehicle (EV) firms, two sources said, as the German automaker accelerates its push into the world’s largest market for environmentally friendlier cars.

Exclusive: Volkswagen in final talks to seal biggest M&A deals in China EV sector - sources

Exclusive: Volkswagen in final talks to seal biggest M&A deals in China EV sector - sources

Volkswagen in final talks to seal top M&A deal in China EV sector: Report

The firm is poised to buy 50 per cent of Anhui Jianghuai Automobile Group Holding, the parent of EV partner JAC Motors, for at least 3.5 billion yuan

WHO creates foundation to tap new funding sources

The WHO Foundation is being created as an independent grant-making entity that will support the organization's efforts to address the most pressing global health challenges

WHO creates foundation to boost funding in coronavirus fight

GENEVA: The World Health Organization announced on Wednesday (May 27) the creation of a foundation to tap new sources of funding that could help ...

WHO Creates Foundation to Boost Funding in Coronavirus Fight

Director General of the World Health Organization (WHO) Tedros Adhanom Ghebreyesus. (Reuters) WHO Director-General Tedros Adhanom Ghebreyesus denied the move … WHO Creates Foundation to Boost Funding in Coronavirus Fight Read More »

WHO creates foundation to tap new funding sources

World Health Organization Director General Tedros Adhanom Ghebreyesus announced on Wednesday the creation of a foundation that will enable it to tap new sources of funding, including the general public.

WHO creates foundation to boost funding in coronavirus fight

GENEVA/ZURICH (Reuters) - The World Health Organization announced on Wednesday the creation of a foundation to tap new sources of funding that could help ease a potential cash shortage as it leads the global fight against the coronavirus pandemic.

WHO Creates Foundation To Boost Funds In Fight Against COVID-19

The World Health Organization announced on Wednesday the creation of a foundation to tap new sources of funding that could help ease a potential cash shortage as it leads the global fight against the coronavirus pandemic.

WHO creates foundation to tap new funding sources

The WHO Foundation is being created as an independent grant-making entity that will support the organisation's efforts to address the most pressing global health challenges by raising new funding from

WHO chief announces creation of foundation to tap new funding sources

GENEVA: World Health Organization Director General Tedros Adhanom Ghebreyesus announced on Wednesday (May 27) the creation of a foundation that ...

Walmart is now selling used goods from Nike, Coach, Michael Kors and more as it dives into the $32 billion resale market

Walmart will for the first time sell used clothing, accessories, and shoes on its website through a partnership with the resale site ThredUp.

Walmart is now selling used goods from Nike, Coach, Michael Kors and more as it dives into the $32 billion resale market

Walmart is diving into the $32 billion resale market through a partnership with the second-hand-sales site ThredUp.

Walmart is now selling used goods from Nike, Coach, Michael Kors and more as it dives into the $32 billion resale market

Walmart is partnering withe the resale site ThredUp to sell used clothing, shoes, accessories, and handbags on its website.

Walmart is now selling used goods from Nike, Coach, Michael Kors and more as it dives into the $32 billion resale market, Business Insider - Business Insider Singapore

Business Insider - Walmart is partnering withe the resale site ThredUp to sell used clothing, shoes, accessories, and handbags on its website.. Read more at businessinsider.sg

Walmart is now selling used goods from Nike, Coach, Michael Kors and more as it dives into the $32 billion resale market

Walmart is partnering withe the resale site ThredUp to sell used clothing, shoes, accessories, and handbags on its website.

ThredUp Is The Win You Didn’t Know Walmart Needed

Walmart and ThredUp have announced an online partnership that will give consumers access to 750,000 pre-owned women’s and children’s items, accessories, footwear and handbags from ThredUp on Walmart’s site.

Walmart, ThredUp Join Forces For Second-Hand Clothes

Walmart is joining forces with resale startup ThredUp, according to a report in CNBC on Wednesday (May 27).

Walmart Goes Full-Throttle on Resale With ThredUp

As part of an ongoing mission for fashion dominance, Walmart enters resale.

Toronto Star owner Torstar to be sold, taken private in $52- million deal

Five families that built and grew media conglomerate Torstar Corp. have agreed to hand the newspapers they presided over for roughly 70 years to a Canadian investment firm that plans to take the company private.

Toronto Star owner Torstar to be sold, taken private in deal worth $51-million

The move comes as the country’s top media executives meet with the federal government in Ottawa to discuss the industry’s plight

Toronto Star owner Torstar to be sold, taken private in $52- million deal

TORONTO — Five families that built and grew media conglomerate Torstar Corp. have agreed to hand the newspapers they presided over for roughly 70 years to a Canadian investment firm that plans to take the company private.

Torstar to be sold, taken private in $52 million deal

Five families that built and grew media conglomerate Torstar Corp. have agreed to hand the newspapers they presided over for roughly 70 years to a Canadian investment firm that plans to take the company private.

Torstar to be sold, taken private in $52-million deal

Five families that built and grew media conglomerate Torstar Corp. have agreed to hand the newspapers they presided over for roughly 70 years to a Canadian investment firm that plans to take the company private.

Toronto Star owner Torstar to be sold, taken private in $52- million deal

TORONTO — Five families that built and grew media conglomerate Torstar Corp. have agreed to hand the newspapers they presided over for roughly 70 years to a Canadian investment firm that plans to take the company private.

Toronto Star owner Torstar to be sold, taken private in $52- million deal

TORONTO — Five families that built and grew media conglomerate Torstar Corp. have agreed to hand the newspapers they presided over for roughly 70 years to a Canadian investment firm that plans to take the company private.

Media company Torstar to go private after sale to NordStar Capital in $52M deal

NordStar Capital LP, a private firm owned by businessmen Paul Rivett and Jordan Bitove, plans to take Torstar private

23 U.S. states sue Trump administration over fuel efficiency rollback

A group of 23 U.S. states led by California, the District of Columbia and four major cities are filing suit Wednesday to challenge a Trump administration decision to weaken Obama administration fuel efficiency standards. In March, the Trump administration issued final rules requiring 1.5% annual increases in efficiency through 2026 - far weaker than the 5% increases in the discarded Obama-era rules - but abandoned its August 2018 proposal to freeze requirements at 2020 levels through 2026. Las

U.S. states sue Trump administration over fuel efficiency rollback

WASHINGTON (Reuters) - A group of 23 U.S. states and the District of Columbia filed a lawsuit on Wednesday challenging a Trump administration decision to weaken Obama-era fuel efficiency standards.

23 states sue Trump administration over fuel efficiency rollback

A group of 23 U.S. states and the District of Columbia filed a lawsuit on Wednesday challenging a Trump administration decision to weaken Obama-era fuel efficiency standards. In March, the Trump administration issued final rules requiring 1.5% annual increases in vehicle fuel efficiency through 2026 - far weaker than the…

U.S. states sue Trump administration over fuel efficiency rollback

WASHINGTON — A group of 23 U.S. states and the District of Columbia filed a lawsuit on Wednesday challenging a Trump administration decision to weaken Obama-era fuel efficiency standards.

Nevada joins lawsuit over fuel efficiency

Nevada and a coalition of nearly two dozen other states Wednesday sued the Trump administration over a federal rule that rolls back vehicle emissions standards.

States Sue to Block Trump From Weakening Fuel Economy Rules

At stake in the lawsuit is the single biggest effort by the United States to fight the climate crisis.

Nearly two dozen attorneys general sue Trump administration over controversial fuel standard

Car companies are split on the standards

India's Ambani prepares Facebook-backed unit for overseas IPO

Mukesh Ambani is reportedly preparing Jio Platforms Ltd. for an initial public offering

With overseas IPO for Jio Platforms, Mukesh Ambani may look to cash in on tech cold war with China

Going to the New York Stock Exchange or Nasdaq would make sense. U.S.-traded Chinese technology firms such as JD.com Inc. and NetEase Inc. are looking for an alternative home closer to the mainland in case tensions between Washington and Beijing escalate, as my colleague Nisha Gopalan wrote this week.

Mukesh Ambani's Jio listing can profit from US-China tech war

Will Wall Street be so hospitable as to give Ambani, say, a $100 billion valuation?

A Tech Billionaire May Find Use in a Cold War

Mukesh Ambani may have found the perfect time to pitch Jio to American investors, as U.S.-China tensions rise.

Is India's richest man Mukesh Ambani betting on US-China tech war?

US-traded Chinese technology firms such as JD.com and NetEase are looking for an alternative home closer to the mainland in case tensions between Washington and Beijing escalate

Mukesh Ambani-Led RIL Is Preparing For Overseas IPO Of Jio Platforms, Likely To Opt For NASDAQ: Reports 

Mukesh Ambani-Led RIL Is Preparing For Overseas Listing For Jio Platforms, Likely To Opt For NASDAQ: Reports

Ethereum is Flashing Signs That a Sizable Bull Run is Looming

One analyst is noting that there are a few major factors that suggest a massive Ethereum bull trend exists just around the corner.

Here’s Why Bitcoin Could See a Bloodbath Decline to the $5,000 Region

Analysts are noting that Bitcoin's HTF outlook favors sellers, with one even noting that the crypto could soon be trading within the $5,000 region.

Here’s Why Bitcoin’s Large Transaction Count Has Slid 8% Over the Past Week

Bitcoin has seen a sharp decline in on-chain large transactions. This signals that large spot traders are largely moving to the sidelines.

Bitcoin’s Move Past $9,000 Leaves Wake of Destruction; Liquidates $20m in Shorts

Bitcoin saw a sharp overnight rise that came about after a prolonged period of rangebound trading at its key support level of $8,800.

Ethereum is Ready For Heavy Volatility, And Analysts Predict a Big Rally

It's been a quiet past few days for Ethereum and the rest of the crypto market.

Analysts are Cautious of the Crypto Market’s Latest Push Higher; Factors to Consider

Multiple crypto analysts have noted that a few factors that suggest this Bitcoin upswing will be short-lived due to a few trends

NTPC to enter distribution space, eyes ADAG's two BSES discoms in Delhi

The ADAG has two discoms namely BSES Rajdhani Power Ltd (BRPL) and BSES Yamuna Power Ltd (BYPL)

NTPC eyes majority stake in Delhi distribution cos.

Plans to enter distribution business

NTPC to foray into distribution, keen to buy majority stake in BRPL, BYPL

This assumes significance because NTPC is primarily power generation company.

NTPC to foray into distribution, keen to buy majority stake in BRPL, BYPL

In a letter written to Delhi Electricity Regulatory Commission (DERC) on May 26, 2020, the power giant said, "NTPC has decided to foray into power distribution sector and keen on acquiring the distribution assets (BRPL and BYPL)".

NTPC eyes majority stake in ADAG’s Delhi power utilities

Power giant, the first PSU in the race for stake in two BSES firms

NTPC keen to buy Reliance Infra’s Delhi discoms

Reliance Infrastructure had sold its Mumbai discom business to Adani Transmission in 2018 for Rs 18,800 crore, which helped the company reduce its debt by Rs 13,800 crore.

France unveils stimulus plan worth €8 billion for car industry

The package includes an increase to the state subsidies given to motivate potential buyers of new electric and hybrid cars. The plan also includes a state loan worth €5 billion for troubled carmaker Renault.

France unveils US$8.8b plan to revive auto sector through electric cars

ETAPLES, France: President Emmanuel Macron on Tuesday (May 26) announced an 8-billion euro (US$8.8 billion) plan to revive France's auto industry ...

Macron unveils US$8.8b French auto rescue, champions electric cars

ETAPLES, France: President Emmanuel Macron on Tuesday (May 26) announced an eight billion euro (US$8.8 billion) plan to revive France's auto ...

France unveils $8.7 billion plan to rescue ailing car industry

The plan focuses on the production of environmentally-friendly vehicles

France promises €8bn to bail out struggling car industry

French carmakers have seen a 90% drop off in sales since the beginning of the coronavirus pandemic.

Macron's $8.8 billion plan would make France Europe's top clean car producer

President Emmanuel Macron announced an 8 billion euro (7 billion pounds) plan on Tuesday to make France the top producer of clean vehicles in Europe and urged French carmakers to make vehicles in their own country. French car plants are only just starting to rev up production after the coronavirus lockdown, which hit the auto sector badly, and Macron wants to accelerate the transition to electric cars to help revive the industry. "We need a motivational goal: make France Europe's top producer

Shares in Latin America's biggest airline plunge after bankruptcy filing

Shares in Latin America's largest airline plunged on the New York and Santiago stock exchanges on Tuesday after LATAM filed for bankruptcy in the US.

Latam becomes largest airline driven to bankruptcy by coronavirus

NEW YORK, May 27 — Latam Airlines Group, the continent's largest carrier, filed for US bankruptcy protection yesterday, becoming the world's largest carrier so far to seek an emergency reorganisation due to the coronavirus pandemic. The filing highlights the financial weakness of Latin America's...

LATAM becomes largest airline driven to bankruptcy by coronavirus

(Reuters) - LATAM Airlines Group (LTM.SN), the continent’s largest carrier, filed for U.S. bankruptcy protection on Tuesday, becoming the world’s largest carrier so far to seek an emergency reorganization due to the coronavirus pandemic.

Latam Airlines seeks bankruptcy protection as travel slumps

BANGKOK, Thailand (AP) — Latam Airlines, South America's biggest carrier, sought US...

Why Latin American airlines are going belly-up?

The move allows Latam Airlines Group to keep operating while it works out a plan to pay creditors and turn around the business.

Shares in Latin America's biggest airline drop 35% after bankruptcy filing

SANTIAGO: Shares in Latin America's largest airline plunged 35 per cent on the Santiago stock exchange on Tuesday (May 26) after LATAM filed for ...

Fed catalogues devastation wrought by pandemic on U.S. economy

The coronavirus deeply damaged the U.S. economy in recent weeks, with “steep” job losses and business closures, a new Federal Reserve report said.

Fed says pandemic inflicted most ‘severe’ damage on travel sector

Beige Book report on economic conditions shows activity fell sharply in most parts of US

Fed: Sharp economic decline in May leaves businesses 'pessimistic' about recovery

Economic activity “sharply” declined across the U.S.

AS U.S. Reopens, Employees in No Rush to Get Work, Beige Book Shows

AS U.S. Reopens, Employees in No Rush to Get Work, Beige Book Shows

Fed's Beige Book: Securing PPP loans helped many businesses to limit or avoid layoffs

Economic activity declined in all districts, falling sharply in most, reflecting disruptions associated with the COVID-19 pandemic, the Federal Reserv

Most Businesses Pessimistic About Speed Of Economic Recovery, Fed Reports

Health concerns, limited childcare and expanded unemployment are making it more difficult to bring employees back to work, the Fed said.

Google to start reopening offices, targets 30per cent capacity in September

Alphabet Inc's Google said on Tuesday it would reopen buildings in more cities at roughly 10per cent of their capacity beginning July 6 and scale ...

Google To Start Reopening Offices, Targets 30 Per Cent Capacity In September

Google had allowed their employees to work from home in early March. Alphabet Inc’s Google said on Tuesday it would … Google To Start Reopening Offices, Targets 30 Per Cent Capacity In September Read More »

Google to start reopening offices, sees 30% capacity by September

Alphabet Inc's Google said on Tuesday it would reopen buildings in more cities at roughly 10% of their capacity beginning July 6 and scale it up to 30% in September, if conditions permit. Google and

Google offices to gradually start reopening

Will give staff US$1000 for home office setup.

Google to reopen offices from July 6, will give employees working from home Rs 75K allowance

The tech giant will reopen at 10% of their capacity, and is targetting 30% in its offices by September.

Google to start reopening offices, sees 30per cent capacity by September

Alphabet Inc's Google said on Tuesday it would start to reopen buildings in more cities beginning July 6 and scale up to 30per cent in September.

COVID-19 to accelerate digital adoption in India

COVID-19 is expected to accelerate digital adoption in India and as online trends take shape, behavioural modification could strengthen, with contactless shopping, payments.

COVID-19 to accelerate digital adoption in India; Jio helped spur internet usage: Morgan Stanley

India's total online shopper base at 30 per cent of its internet population is low when compared with 78 per cent in China and 70-plus per cent in the US. Morgan Stanley projected India's 670 million internet users to rise to 914 million by 2027 and online shoppers to jump to 590 million from 190 million in 2020.

Covid-19 pandemic to accelerate digital adoption in India: Morgan Stanley

Morgan Stanley said Covid-19 has relieved some apprehension relating to digital transactions

Reliance Jio pushed internet usage in India, coronavirus to accelerate it further: Morgan Stanley

While Mukesh Ambani’s Reliance Jio brought telecom services revolution in India, the coronavirus pandemic will give a further push to digital adoption in the country as more and more people take to e-commerce to buy products.

COVID-19 to accelerate digital adoption in India; Reliance Jio helped spur internet usage: Morgan Stanley

In a 53-page report on 'India's Digital Economy in a Post-COVID-19 World', Morgan Stanley said 2020 will likely see increasing online penetration in grocery and will put a few Super Apps into motion.

RIL expanded in every conceivable technology trend: report

IANS Mumbai Reliance Industries (RIL) has expanded its horizon in every conceivable technology trend and the investments made by the company are bridging

COVID-19 crisis | 'Massive increase' in youth unemployment, women particularly hard-hit: UN

The novel coronavirus pandemic has led to a surge in unemployment worldwide but it has hit young workers hard, the United Nations said on May 27, noting that more than one in six people aged under 29 were forced to stop working due to the COVID-19 crisis.

Pandemic creating ‘lockdown generation’ as one in six youths stop work ― UN

The COVID-19 pandemic has caused surging unemployment worldwide, but has hit young workers especially hard, forcing under 29 to stop working.

Coronavirus has created a 'lockdown generation', with one in six young people forced to stop working, UN warns

The body's International Labour Organisation said the COVID-19 crisis has disproportionately affected young people and could impact upon their work opportunities and career options for decades.

Pandemic creating 'lockdown generation' as 1 in 6 youths stop work – U.N.

Young people are facing a 'triple shock' from the coronavirus crisis, which is not only destroying their employment but also disrupting education and training

Pandemic creating ‘lockdown generation’ as one in six youths stop work: UN

The Covid-19 pandemic has caused surging unemployment worldwide, but has hit young workers especially hard, forcing more than one in six people aged under 29 to stop working, the UN said Wednesday.

Coronavirus job losses creating ‘lockdown generation,’ UN group warns

The United Nation's International Labor Organization issued the grim prediction in a report showing that more than one in six young people have stopped working since the COVID-19 crisis began.

Warren Buffett's Berkshire Hathaway loses billionaire Bill Ackman as an investor

Warren Buffett's Berkshire Hathaway has lost Bill Ackman as an investor. The hedge-fund manager revealed the sale of his Pershing Square fund's ...

Bill Ackman dumps investments in Berkshire Hathaway, Blackstone

The billionaire investor said volatility might create better opportunities to deploy capital on higher-returning investments than Warren Buffett's company.

Ackman dumps stake in Buffett’s Berkshire Hathaway

Hedge fund manager says he can be ‘more nimble’ than his mentor’s conglomerate

Billionaire Bill Ackman Exits Position In Warren Buffett’s Berkshire Hathaway

We continue to think Berkshire will be a strong investment over the longer term, but we also think the current environment means there may be more than typical opportunities for us to see very high-returning investments.