JSW Holdings Q2 results: Net profit drops to Rs 39 crore
Posted on Saturday October 31, 2020

The company had posted a profit of Rs 76.20 crore for the year-ago period, JSW Holdings said in a filing to BSE.

Relaxo Footwears Q2 results: Profit up 6.5% at Rs 75 crore
Posted on Saturday October 31, 2020

Its revenue from operations was down 7.38 per cent to Rs 575.87 crore during the period under review as against Rs 621.77 crore in the corresponding three months of the previous fiscal.

ICICI Bank Q2 results: Net profit jumps six-fold to Rs 4,251 crore; NII rises 16% to Rs 9,366 crore
Posted on Saturday October 31, 2020

Net interest income (NII), which is the difference between the interest income a bank earns from its lending activities and the interest it pays to depositors, rose 16 per cent to Rs 9,366 crore from Rs 8,077 crore in the year-ago quarter.​​

Dalal Street week ahead: Market to turn highly stock-specific; IT still looks strong
Posted on Saturday October 31, 2020

A large Bearish Engulfing Pattern has occurred on the candles. Its occurrence just below the 12,000-12,025 resistance zone makes it a stiff hurdle for Nifty and highlights the credibility of this resistance zone.

What if stocks don't always go up? Advice for millennials
Posted on Saturday October 31, 2020

In the past decade, investors who bought an index fund that mirrors the S&P 500 Index and reinvested dividends have enjoyed a 13% average annual return, according to Bloomberg data.

Grantham’s 10 tips for investment success in both good & bad times
Posted on Saturday October 31, 2020

Grantham's investment strategy is built on the idea of mean reversion. He makes his investment choices by looking for irrationally priced stocks.

Big-tech earnings provoke deeper scrutiny of lofty valuations
Posted on Saturday October 31, 2020

Technology and internet stocks tumbled on Friday, extending a recent downtrend, after results from the likes of Apple Inc., Amazon.com Inc. and Facebook Inc. failed to live up to investors’ expectations.

Apple loses $450 billion in value since record on iPhone woes
Posted on Saturday October 31, 2020

Since becoming the first American company to surpass $2 trillion in market value in August and peaking last month, the iPhone maker has lost $450 billion, wiped out by a 19% slump.

Asia stocks pitched as a safe haven from volatile US Election
Posted on Saturday October 31, 2020

The MSCI Asia Pacific Index has beaten the MSCI All-Country World Index by the most since 2008, thanks to a rally in Chinese technology stocks such as Tencent Holdings Ltd. and Alibaba Group Holding Ltd.

Amazon tells India regulator its partner Future Retail is misleading public
Posted on Saturday October 31, 2020

Amazon is locked in a bitter legal dispute with Future Group, which in August sold its retail assets to Mukesh Ambani-led Reliance Industries Ltd for $3.4 billion. The deal, Amazon alleges, breaches 2019 agreements by Future.

Private jet traffic to the Hamptons and Aspen is booming as the rich flee big cities
Posted on Friday October 30, 2020

The coronavirus pandemic is redrawing private jet flight patterns, as airports in resort towns see big jumps in traffic while flights near cities decline.

Cruise stocks rise after CDC lifts no-sail order, clears industry to plan return
Posted on Friday October 30, 2020

Before resuming commercial operations, the companies will face tests from the CDC on how safe their protocols are, the agency said.

U.S. reports record 88,521 new Covid cases as scientists warn of 'exponential growth'
Posted on Friday October 30, 2020

"We're starting to find ourselves on a steep slope of the epidemic curve, so I think you're going to see cases accelerate," Dr. Scott Gottlieb told CNBC on Friday.

Restaurants see a new wave of coronavirus restrictions as U.S. cases hit record high
Posted on Friday October 30, 2020

Restaurants are facing a new wave of restrictions, posing yet another obstacle in their attempts to stay afloat and recover from the coronavirus pandemic.

Doordash partners with Sam's Club on same-day prescription deliveries
Posted on Friday October 30, 2020

DoorDash announced Friday it is launching a partnership with Sam's Club to provide same-day prescription delivery service to patients across the U.S.

McRib returns to McDonald's nationwide for the first time since 2012
Posted on Friday October 30, 2020

Starting Dec. 2, McDonald's McRib is returning to menus nationwide for the first time since 2012.

How Planet Fitness could survive Covid-19 while other gyms go bankrupt
Posted on Friday October 30, 2020

Gyms were forced to shut down in March 2020 to try to curb the spread of Covid-19, crippling the fitness industry, which is a $32 billion market in the U.S.

U.S. only at 'the beginning of the steep part' of the coronavirus pandemic, Dr. Scott Gottlieb says
Posted on Saturday October 31, 2020

Dr. Scott Gottlieb warned that the United States is only "at the beginning of the steep part of the epidemic" as the number of coronavirus infections and hospitalizations across the country break grim records.

Brunswick ramps up boat production to meet rare off-season demand
Posted on Friday October 30, 2020

"Even if we produce at max capacity ... our pipelines will be down at maybe two-thirds of where they should be by the end of the year," CEO David Foulkes said.

Cramer's week ahead: 'One of the most confusing weeks of my career'
Posted on Friday October 30, 2020

"Steel yourself for a messy, confusing outcome leading to some messy, confusing action in the stock market," the "Mad Money" host said.