Oil prices gave up some of their gains as oil tankers continued to ply out of West Asia even as tensions escalated. Brent futures were down 1.42% at $89.45 a barrel while US West Texas Intermediate (WTI) crude was down 0.66% at $83.9 a barrel. As many as 39 commodity ships passed via the Bab…
Starbucks (SBUX.O) has raised its annual sales and profit forecasts for the second time, as CEO Brian Niccol’s multi-year turnaround strategy continues to revive demand at the world’s largest coffee chain. The upbeat outlook sent the company’s shares up 5% in extended trading. Under Niccol, Starbucks has focused on improving the customer experience through a…
Shares of Waaree Energies Ltd. fell as much as 6% on Thursday, July 30 in response to its June quarter results. The numbers were reported after market hours on Wednesday. For the June quarter, Waaree Energies reported a 79.2% growth in its topline to ₹7,932 crore. The figure though was lower than the CNBC-TV18 poll…
Shares of Sterlite Technologies Ltd. (STL) fell as much as 4% on Thursday, July 30, after the company reported a strong June-quarter performance and raised its profitability guidance for FY27. During the earnings call, management increased its FY27 EBITDA margin target to 23%, ahead of its earlier guidance of 20% by the end of the…
Dividend Stocks This Week: More than 103 companies (105 corporate actions) are scheduled to trade ex-date between August 3 and August 7, 2026, giving investors the final opportunity to buy their shares and become eligible for announced dividends and special dividends. Among the prominent names are ICICI Bank, Coforge, Bosch, Ajanta Pharma, Bayer CropScience, Hyundai…
Shares of Lohia Corp made a positive debut on the stock exchanges on Thursday, July 30, listing at a premium to their issue price following a healthy response to its initial public offering (IPO). The stock listed at ₹461 on the NSE, a premium of 8.47% over its issue price of ₹425. On the BSE,…
August 4: Ajmera Realty & Infra India, Bharat Bijlee, Bharti Airtel, Bharti Hexacom, BSE, Castrol India, Emami, Godrej Properties, Kalyan Jewellers India, Marico, Metropolis Healthcare, North Eastern Carrying Corporation, NHPC, Oil & Natural Gas Corporation (ONGC), Pidilite Industries, PNB Housing Finance, PTC India, RITES, Shipping Corporation of India Land and Assets, Symphony, Tata Investment Corporation,…
Shares of Indo-MIM made a stellar debut on the stock exchanges on Thursday, July 30, listing at a sharp premium over their issue price after receiving strong investor demand during the IPO. The stock debuted at ₹700 on the NSE, a 44.3% premium to its issue price of ₹485. Simultaneously, on the BSE. it listed…
Shares of Xtranet Technologies made their stock market debut on Thursday, July 30, listing at a modest premium over the issue price after witnessing healthy investor demand for its initial public offering (IPO). The stock debuted at ₹136 on the NSE, a premium of 7.1% over its issue price of ₹127. On the BSE, the…
Fed Chair Kevin Warsh’s communication is becoming a credibility issue because his actions are not matching his repeated commitment to price stability, according to Ed Yardeni, President of Yardeni Research. Yardeni believes the bond market is signalling that the Federal Reserve should have raised interest rates, and the central bank’s inaction has weakened investor confidence….
