In the previous technical commentary and forecast, it was anticipated that this week may see some ranged consolidation. It was also expected that such consolidation may have ranged moves and some profit-taking bouts from the higher levels. However, the downsides were expected to stay limited. While dancing exactly to these tunes, the markets spent the … Read more
Credit Suisse downgraded to Sell at Goldman as IB returns to stay suppressed Source link
Marlies Jakob was one of dozens of ordinary Germans who took part in a phone-in show on Deutschlandfunk radio last week about sanctions against Russia. Her intervention should alarm policymakers from Paris and Brussels to Berlin. Jakob said she was prepared to take cold showers and wear three sweaters in winter if that would stop … Read more
Breadcrumb Trail Links PMN Business Author of the article: Article content NAPERVILLE — Speculators have sold Chicago corn in 11 of the last 13 weeks after maintaining huge long positions for the better part of two years, and now their bullish bets are just one-third as large as the year’s high. Last week’s story was … Read more
The markets had a strong week much on the expected lines. In the previous weekly note, it was categorically mentioned that the markets may resume their up move after a brief period of consolidation. Over the past five sessions, the markets continued to inch higher as they got stronger in the process. And with the … Read more
Although leaner margins will drive down loan-officer signing bonuses, they remain a key piece of lenders’ plans to source talent, according to a new Stratmor Group report. In a profession where personal branding is valued as much as, if not more, than company affiliation, it’s no surprise mortgage companies use bonuses to recruit top producers, … Read more
The Maharashtra government on Thursday vacated the ‘stop work’ order on the contentious car-shed for the Mumbai Metro 3 at the Aarey Colony. The stay was given by former Chief Minister Uddhav Thackeray, barely 24 hours after he assumed office on November 28, 2019, later declared around 800 acres … Read more
Valerie Loiseleux/iStock Unreleased via Getty Images ESPN (NYSE:DIS) is likely to remain a mainstay in cable bundles, even amid an ongoing sea change in consumers’ streaming habits and an increasing push into sports rights from direct-to-consumer services. “I know there are a lot of people that still want ESPN in that traditional ecosystem,” Disney’s Jimmy … Read more
MUMBAI (Reuters) – The Indian economy is expected to expand 7% in fiscal 2022/23, slower than a previous estimate of 7.4% and the central bank’s 7.2% projection, according to a survey by India’s leading industry body. The Federation of Indian Chambers of Commerce and Industry’s (FICCI) quarterly survey, released … Read more
Mumbai: Morgan Stanley said continued headwinds and earnings downgrade cycle in the information technology sector have rendered the risk-reward unfavourable in the near term. The brokerage has downgraded Wipro and while selectively remaining overweight on , and . “Near-term headwinds and lack of catalysts could keep sector performance under pressure,” said Morgan Stanley. The IT … Read more