European stocks rose on Monday after enduring their worst week since October amid political turmoil in France. The European Stoxx 600 gained 0.5% as of 8:10 a.m. in London, snapping a two-day losing streak. Banks, and travel and leisure sectors leading gains while basic resources lagged lagged. France’s CAC 40 […]
NEW YORK — Gamestop’s CEO Ryan Cohen said the struggling video game retailer will focus on cutting costs and long-term profitability in an annual shareholder meeting Monday. Cohen added this would involve a “smaller network of stores” — suggesting that more store closures could be in sight. No further details […]
SAO JOSE DOS CAMPOS, Brazil, – Embraer heads into the Farnborough Airshow next month riding tail winds that have lifted its shares to an all-time high, as recent orders show the Brazilian planemaker ready to fill a gap for airlines starved for new planes in coming years. The news has […]
By Suzanne McGee, Priyanka G -Shares of GameStop tumbled on Monday after CEO Ryan Cohen told investors that the videogame retailer plans to operate a smaller network of stores and gave no details on what it plans to do with its cash pile. GameStop shares were down 13.4% at $24.86 […]
Stock offerings are rebounding across Canada’s equity market, except for oil and gas companies, where issuance has dried up to the point that investment banks are scaling back their activities in Calgary. Stifel Financial Corp. closed its office in the country’s energy capital last week, citing “current market conditions” as […]
The benchmark Nifty has surged over 4 percent in June, reaching around the 23,500 mark and setting multiple new highs along the way. With high valuations for most stocks and no significant correction in sight, investors may find it challenging to determine where to invest. To address this, brokerage house […]
Demand forecast for Cement consumption remains strong in the country. On the back of robust Cement demand forecast, the rating agency ICRA Limited , believes that the market shares of the top 5 cement companies should climb to 55% by March 2025. The market share of the top five cement […]
In a recent note, Axis Securities sees equities starting off on a positive note but anticipates a volatile path ahead, with macroeconomic factors continuing to dominate the stage. The brokerage firm underscores that while the initial momentum is promising, ongoing global uncertainties and domestic economic conditions could introduce fluctuations. To […]
Falcon Technoprojects India IPO: The initial public offering (IPO) of Falcon Technoprojects India Limited will hit the Indian primary market on 19th June 2024, i.e. on Wednesday this week. The fixed issue is purely fresh. The public issue is proposed for listing on the NSE SME Emerge platform. Meanwhile, shares […]
Dabur India’s management has been upbeat on consumption revival with confidence on execution. The company is seen benefiting from consumption recovery, along with steady distribution expansion, healthy portfolio category coverage, sustained thrust on innovation, and liquidity in place for bolt-on, analysts said. Dabur shares have been Emkay Global’s preferred consumption […]