May 13 – CalPERS, the biggest public pension plan in the United States, is considering voting against ExxonMobil CEO Darren Woods’ re-election to the board amid shareholder discontent over a lawsuit it filed against two climate-focused investors, the Financial Times reported on Friday. Investors led by U.S. activist investment firm […]
Shares of biopharmaceutical company Incyte Corp climbed more than 8 per cent in morning session on Monday after saying it would buy back up to $2 billion of its stock. At 1:13 p.m. EDT, Incyte Corp shares were at $57.27, 7.93 per cent higher in New York. Shares Buyback Incyte […]
Oil prices climbed higher on Friday, extending their upward trajectory fueled by positive indicators of economic improvement in China. Additionally, the ongoing negotiations to ease tensions between Israel and Hamas, which have so far yielded no results, contributed to the bullish sentiment in the market. Brent futures rose 37 cents, […]
The Sensex rose 111.66 points, or 0.15%, to end at 72,776.13, while the Nifty 50 settled 48.85 points, or 0.22%, higher at 22,104.05. The Nifty index opened flattish on May 13 and after the fall in the early session, it saw a decent recovery and recouped all its intraday losses. […]
Gold prices experienced a decrease on Monday as investors awaited crucial U.S. inflation data, which could offer insights into the timing of the Federal Reserve’s initial rate adjustment. By 1204 GMT, spot gold had declined by 0.7% to $2,344.53 per ounce, following its recent peak on Friday, the highest since […]
Gill’s dormant account sparked interest when a post surfaced featuring a man leaning forward with what appeared to be a gaming controller, prompting speculation of his comeback to the trading scene. In 2021, Gill gained notoriety for rallying day traders on Reddit to squeeze GameStop short sellers. The response to […]
Wall Street: US stocks rose on Monday, following last week’s gains, with investors awaiting inflation data this week. The inflation data – Consumer Price Index (CPI) – is due on Wednesday. On the same day, the US retail sales data will also be released. Both, inflation and retail sales data have […]
According to the Red Herring Prospectus, the company provides logistics solutions to businesses, with a focus on surface transportation of items weighing between 1 and 250 MT. The firm is a products transport agency that provides point-to-point services, which means that items are loaded at the client’s location and transported […]
Stock market crash: In May, FPI selling in the cash market has been relentless. FPIs have been sellers on every trading day and have sold equity for ₹24,975 crores. This has contributed to the underperformance of the Indian market. DIIs have been buying, but HNI and retail investors appear to […]
Polycab India Ltd’s shares are up 11% in the past two trading sessions, having hit a new 52-week high of ₹6,468.90 on Monday. The reason is simple. Investors are upbeat about the strong March quarter (Q4FY24), which saw the company gain market share and grow its volumes. The wires and […]