India stocks higher at close of trade; Nifty 50 up 0.40%
India stocks higher at close of trade; Nifty 50 up 0.40%
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Bancor to replace the world’s reserve currency?
Richard Murphy (Emeritus Professor of Accounting Practice, Sheffield University, UK) has an interesting take on the state of the world’s reserve currency. The once almighty USD is in serious trouble and as such, suggests now is a good time to revisit “bancor”. A recap re Bancor.Back in the WWII period, the world had a chance…
Danaher (NYSE:DHR) Issues Quarterly Earnings Results, Beats Expectations By $0.18 EPS
Danaher (NYSE:DHR – Get Free Report) issued its quarterly earnings results on Tuesday. The conglomerate reported $1.89 EPS for the quarter, topping the consensus estimate of $1.71 by $0.18. Danaher had a net margin of 14.21% and a return on equity of 10.70%. The company had revenue of $6.05 billion during the quarter, compared to…
Aurobindo Pharma Q3 net profit drops 10% to Rs 846 crore
Aurobindo Pharma on Thursday reported a 10% year-on-year (YoY) decline in net profit to Rs 846 crore in the third quarter ended December 2023, dragged by US sales. despite strong growth momentum in Europe, growth markets and antiretrovirals segment. The company posted net profit of Rs 940 crore in the corresponding quarter of previous year….
Trump Media: Brace For Lock-Up Expiration (NASDAQ:DJT)
J Studios Since the initial SPAC approval, the whole focus of Trump Media & Technology Group Corp. (NASDAQ:DJT) has been the expiration of the major share lockups from the going public process. The main focus is definitely former President Trump’s shares, amounting to the majority of the company. My investment thesis remains ultra-Bearish on the…
Eagle Point Credit: CLO Equity, Treasury Volatility, And The Preferreds (NYSE:ECC)
Eagle Point Credit: CLO Equity, Treasury Volatility, And The Preferreds Source link
