Business

Business

EPL Q3 Results Review – Muted Operating Performance Due To Drag From East Asia Pacific, Europe: Motilal Oswal

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BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.  EPL Ltd.’s revenue grew 7% YoY to Rs 9.5 billion (estimate: Rs 9.75 … Read more

Boeing plans to cut 2,000 finance, HR jobs despite hiring spree

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Boeing Co. plans to trim about 2,000 finance and human resources jobs, as part of an initiative to slim its corporate structure, while bolstering the manufacturing workforce. The reductions will take place companywide and will be accomplished through layoffs and attrition, Boeing said in an emailed statement. Potentially affected workers haven’t yet been told if … Read more

Anil Singhvi strategy for February 8: Key market triggers, important levels to track in Nifty50, Nifty Bank today

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Why Biden’s 4% buyback tax could boost stock prices and dividends

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The Biden administration’s new stock buyback tax will have little impact on the overall stock market. It might even actually help it. I’m referring to the new 1% excise tax on share repurchases that went into effect on Jan. 1. This tax has set off alarm bells in some corners of Wall Street, on the … Read more

Scott Cohen-led startup JKBX partners with electronic market maker GTS to take music rights investing ‘to the masses’

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A new platform called JKBX (Jukebox) is in development that plans to offer “fans, retail investors and music lovers” the opportunity to invest in music royalties. Unveiled as the new venture from music industry veteran Scott Cohen, JKBX claims that its platform will “transform the music industry” by offering shares in music royalties of hit … Read more

Walmart, AutoZone and Five Below make Barclays top retail picks list

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Justin Sullivan/Getty Images News Barclay said it is taking a selective stance in the retail sector as it balances a positive post-pandemic structural view and a relatively stable consumer backdrop against pockets of cyclical risk that include categories with sales pulled forward or exposed to elevated interest rates. Overall, analyst Seth Sigman and team see … Read more

Ukraine says Russians endure deadliest day, Germany and allies to provide tanks By Reuters

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© Reuters. Members of the 3rd Separate Assault Brigade (Azov Unit) of the Armed Forces of Ukraine prepare to fire 152 mm howitzer 2A65 Msta-B, amid Russia’s attack on Ukraine, near Bahmut, in Donetsk region, Ukraine, February 6, 2023. REUTERS/Marko Djurica By Asia Stefan NEAR MARINKA, Ukraine (Reuters) -Ukraine said on Tuesday the last 24 … Read more

Chipotle Mexican Grill (CMG) earnings Q4 2022

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A Chipotle restaurant and signage is seen on February 09, 2022 in Miami, Florida. Joe Raedle | Getty Images Chipotle Mexican Grill on Tuesday reported weaker-than-expected quarterly earnings and revenue, signaling that its price hikes may finally be alienating customers. In October, CEO Brian Niccol said the company saw “minimal resistance” to higher prices for … Read more

Pitch values Forbes at $800M with $285M in revenue

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A pitch deck from India-based Sun Group is trying to lure tech billionaires and Hollywood types to join its bid for Forbes, which values the firm at $800 million, reports Sara Fischer of Axios. Fischer reports, “In the deck described to Axios by sources pitched on the opportunity, the investor group argues that Forbes — … Read more