After months of sluggish economic growth and fears of missing its growth targets, China has unveiled a sweeping set of stimulus measures aimed at reviving its economy. These policies included cuts to interest rates, loans to investors and companies for stock buybacks, and promises of substantial fiscal support. The People’s Bank of China’s (PBOC) coordinated […]
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Gannett (NYSE:GCI – Get Free Report) announced its quarterly earnings data on Thursday. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of ($0.03) by $0.10. Gannett had a negative return on equity of 12.16% and a negative net margin of 4.44%. Source link
Taiwan eyes zero tariffs with US, pledges more investment Source link
Image source: Getty Images Tech stocks south of the border are feeling the heat as investors are worried about the possibility of a U.S. recession amid rising unemployment rates and slower consumer spending. However, the pullback allows investors to buy the dip and add quality stocks to their equity portfolio in August 2024. Here are…
STOCK (FUTURE / CASH / OPTION ) NIFTY (FUTURE / OPTION) BANK NIFTY (FUTURE / OPTION) FUTURE STOCK TIPS: TATAMOTORS (OCT. FUT.) BUY ABOVE 926 TGT 930/940/950 S/L 925 AND SELL BELOW 925 TGT 920/915/910 S/L 926 HINDPETRO (OCT. FUT.) BUY ABOVE 395 TGT 400/410/420 S/L 394 AND SELL…
The Golden Rule: He who has the gold makes the rules. But gold doesn’t stay in one pocket forever. It moves. Then, someone else makes the rules. In the news, Reuters: ‘Gold climbed to an all-time high on Thursday as the U.S. Federal Reserve signaled two possible interest rate cuts this year, adding to the…
Vishal Mega Mart‘s promoter entity Samayat Services LLP is expected to sell 6.5% stake in the company via a block deal. The shares are likely to be sold at a price of Rs 115 apiece, which implies a 10% discount from today’s closing price, according to ET Now report. Samayat Services held 54.09% (252.74 crore)…