Uncategorized HDFC Bank anticipates post-merger Q2FY24 results amid margin contraction © Reuters. HDFC Bank is set to announce its Q2FY24 results on Monday after market hours, following its merger with Housing Development Finance Corporation... News RoomOctober 16, 2023
Uncategorized Rite Aid files for Chapter 11 amid declining sales and opioid crisis lawsuits © Reuters. Rite Aid (NYSE:), once the largest pharmacy chain in the US, has filed for Chapter 11 bankruptcy protection to a mounting debt... News RoomOctober 16, 2023
Uncategorized Starboard Value builds stake in News Corp, advocates for strategic changes © Reuters. Activist investor Starboard Value has recently built a significant stake in Rupert Murdoch’s News Corp (NASDAQ:), according to information released on Sunday.... News RoomOctober 16, 2023
Uncategorized Progressive Reports Q3 Earnings With Robust Growth in Net Premiums © Reuters. Progressive Corporation (NYSE:), the Ohio-based property and casualty insurer, reported a year-over-year (YoY) increase of 233% in Q3 earnings per share on... News RoomOctober 15, 2023
Uncategorized Factbox-What are global firms with presence in Israel doing after Hamas attack © Reuters. A rocket launched from the Gaza Strip strikes an area near Sderot, southern Israel October 9, 2023. REUTERS/Amir Cohen (Reuters) – Several... News RoomOctober 15, 2023
Uncategorized Citigroup Q3 earnings surpass expectations, restructuring plan in progress © Reuters. Citigroup Inc (NYSE:). reported a 2% increase in profits for the third quarter of 2023, beating Wall Street’s downgraded forecasts. The bank... News RoomOctober 15, 2023
Uncategorized Barclays Canada appoints Geoffrey Belsher as new chairman and CEO © Reuters. Geoffrey Belsher, a seasoned investment banker, is set to assume his new role as chairman and CEO for Barclays Plc in Canada... News RoomOctober 15, 2023
Uncategorized UBS maintains neutral stance on Kforce, despite mixed portfolio shifts © Reuters. On Thursday, UBS maintained its neutral recommendation for professional staffing services firm Kforce (NASDAQ:), setting a one-year price target at $64.77, an... News RoomOctober 15, 2023
Uncategorized IDBI Bank’s state-equity sale expedited by updated government norms © Reuters. The Indian government’s revised regulations for the asset valuer role at IDBI Bank could hasten the proposed state-equity sale, announced on Friday.... News RoomOctober 15, 2023
Uncategorized T2 Biosystems shares dive on weak Q3 earnings and reverse stock split © Reuters. Shares of T2 Biosystems (NASDAQ:) (NASDAQ: TT00), a diagnostics company specializing in sepsis and antibiotic resistance detection, plunged by 53% today following... News RoomOctober 15, 2023