Stocks
© Reuters. Physical representations of the bitcoin cryptocurrency are seen in this illustration taken October 24, 2023. REUTERS/Dado Ruvic/Illustration By Bansari Mayur Kamdar and Douglas Gillison (Reuters) -The U.S. Securities and Exchange Commission (SEC) has eight to 10 filings of possible exchange-traded products for bitcoin in front of it for…
© Reuters. FILE PHOTO: The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. Picture taken May 12, 2021. REUTERS/Andrew Kelly/File Photo By Douglas Gillison and Isla Binnie WASHINGTON (Reuters) – Establishing rules for U.S. companies to follow…
© Reuters. Unilever (LON:)’s subsidiary, Hindustan Unilever (HUL), has reported a slight decrease in net profit for Q2, while also observing a 3.1% year-on-year revenue increase and a volume growth of 2% during the quarter. The company’s CFO, Graeme Pitkethly, has signaled potential deflation in pricing for its skin and…
© Reuters. Colgate-Palmolive (NYSE:) (India) has reported a significant 22% surge in its Q2 net profit, reaching INR 340 crores. The rise in profits was primarily driven by the affluent urban demand for premium toothpastes and an increase in rural consumption, facilitated by expanded distribution and marketing efforts. Sales for…
© Reuters. A compagny logo is seen at a Pfizer office in Puurs, Belgium, December 2, 2022. REUTERS/Johanna Geron/File Photo (Reuters) – Pfizer (NYSE:) and German partner BioNTech (NASDAQ:) said on Thursday that their vaccine to prevent flu and COVID-19 generated a strong immune response against strains of the viruses…
© Reuters. FILE PHOTO: Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, arrives at court as lawyers push to persuade the judge overseeing his fraud case not to jail him ahead of trial, at a courthouse in New York, U.S., August 11, 2023. REUTE By Luc Cohen and Jody…
© Reuters. The and mid-cap indices slid for the third consecutive day on Thursday, with Standard Chartered (OTC:) spearheading the descent. The bank’s shares plummeted by 12.8% following a 33% drop in Q3 pre-tax profit, marking the most significant fall on the FTSE 100. This downturn led to a broader…
© Reuters. Choice Hotels (NYSE:) International is urging the board of Wyndham Hotels & Resorts (NYSE:) to return to negotiations regarding a potential merger. This appeal came after Wyndham rejected Choice’s acquisition offer, which had increased from $80 per share in April to $85 per share, amounting to a total…
Jefferies sees limited growth opportunities for Bath & Body Works (BBWI) Bath & Body Works, Inc. (NYSE:) was cut to Hold from Buy at Jefferies in a note Thursday, with analysts reducing the firm’s price target for the stock to $30 from $45 per share. Analysts told investors that the…
© Reuters. India’s residential real estate sector has seen a substantial year-on-year increase in institutional investments in Q3 2023, according to Vestian. The firm disclosed a 71% YoY rise, with funds reaching $298.3 million. This growth is part of an overall 82% YoY boost in institutional investments across the entire…