Dabur India share price was up over 3 percent intraday on July 31, a day after the FMCG company reported a net profit of Rs 341.8 crore for the quarter ended June 2020, registering a 5.9 percent YoY decline as lockdown dented its business.
The only stocks with a bigger following in the past month on Robinhood are Elon Musk’s super-hot electric car company Tesla (TSLA), mega-cap techs Apple (AAPL), Microsoft (MSFT) and Amazon (AMZN) and biotech Moderna (MRNA), which is working on a Covid-19 vaccine.
Encouraged by a government eager to privatise state-owned firms, average people now have access to the market and can trade shares, earning returns they’d never see in a savings account or a certificate of deposit.
“The market is revolving around M&A activity possibly picking up,” said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma. “It means CEOs are more confident about the future. Otherwise, why would they lay out billions of dollars?”
For example, he added, in the last four months the Fed’s balance sheet in the United States expanded by almost $3 trillion to over $7 trillion. The expansion in this period is almost the same as that seen in the period of 2008-2014 when the economy struggled with the global recession stemming from the financial […]
While unemployment has risen to late 1990s levels, deflation is good news for those who still have a job, with lower prices beneficial for consumers even if they have missed out on decent pay rises for several years.
Poco M2 Pro is set to go on sale in India on July 14. The mid-range smartphone was launched earlier this month with most specifications similar to the Redmi Note 9 Pro which is available in India. Poco M2 Pro will be available for purchase on Flipkart starting 12.00 pm until stocks last.
FILE PHOTO: A worker puts up new logo of TEPCO Holdings and Tokyo Electric Power Company (TEPCO) Group on the wall ahead of the transition to a holding company system through a company split at the TEPCO headquarters in Tokyo, Japan, March 31, 2016. REUTERS/Masayuki Terazawa/Pool/File Photo
The profit in the corresponding quarter of the last fiscal stood at Rs 662.8 crore, which was boosted by a settlement claim of Rs 345.7 crore received from Celgene in April 2019 with respect to the cancer drug.
The Brutale 800 is an outstanding motorcycle, is fun to ride and is very capable. The addition of the Smart Clutch System may take some getting used to, but we think the tech will make for a different riding experience. We are looking forward to testing the Brutale 800 SCS whenever the motorcycle is launched […]