Mumbai, May 4 () Benchmarks extended their slide for the second session today, suffering their first weekly drop in six, as lacklustre global cues and less-than-stellar earnings compelled investors to unwind bets. The BSE Sensex tumbled …
Dubai Financial Market Company on Tuesday announced a net profit of AED48.9 million ($13.3 million) in the first quarter of 2018, a 52 percent decrease compared to the year-earlier period. The company’s total revenue also fell by 34 percent to …
Finding profitable firms with strong growth opportunities and an undervalued stock price is becoming more difficult. We featured this stock as one of our top picks in our special June 2017 report “Selling Shovels in a Gold Rush,” and recent …
Aside from a strong January, the stock market has had a tough year. We’ve had two corrections since February. Surprisingly, crude oil prices have held relatively well. Unfortunately the same cannot be said for oil stocks. Exxon …
Swiss banking giant UBS Group AG (UBS) reported Monday higher profit in its first quarter with increased net interest income. The company said it has had an excellent start to 2018. However, UBS shares were trading around 3 percent …
Dear HL: Albertsons, a large nonpublic grocery chain, recently announced that it plans to acquire the Rite Aid (RAD-$1.69) stores that haven't been sold to Walgreens, and the deal really "sphinx." The announcement ended a 30-month fight by …
NewsOK1mon
April 23--TCF Financial Corp. said Monday its first-quarter profit rose nearly 60 percent as it trimmed expenses and benefited from a lower tax rate. The company, which runs Minnesota's third-largest bank after Wells Fargo and U.S. …
Advanced Micro Devices, Inc. (NASDAQ:AMD) stock has taken a substantial hit over the last few weeks. Security flaw revelations had some speculating that AMD stock would fall to $0. That combined with reported production issues have …