Chase Financial News
10.08 / 07:59
10.08 / 07:59
UPS
Target
Platform
Chase
Renewables
Project Diamond: Renewables group seeks to divest QLD pipeline
Ambitious Pan-Asian renewable energy developer Carbon Resilience is seeking to capitalise on the rush to secure early-stage renewable development assets, kicking off a sales process for its 14-gigawatt development portfolio in Queensland.
10.08 / 07:59
COST
Target
Software
Chase
performer
Downer EDI boss pledges ‘first-grade’ governance after $386m loss
Downer EDI chief executive Peter Tompkins has pledged to deliver consistent earnings and monitor project performance more carefully after the contractor hired a new chief risk officer and sealed an annual net loss of $386 million.
10.08 / 07:59
10.08 / 05:03
UPS
FIVE
Manufacturing
Merit
Chase
electronic
Here's why Pankaj Pandey is bullish on utilities sector
«From a number perspective, the numbers are not really inspiring. And even though the valuations look attractive, there is outlook for better ad spend by most of the end-user industries it is very difficult to build confidence in the stock at current levels,» says Pankaj Pandey, Head Research, ICICIdirect.com.Just wanted to get in your thoughts then, as to what you believe could potentially emerge today as we will be seeing the NCLT decision and how critical it is for Zee? I think that is probably the only trigger which can help the stock because when you look at numbers, it is a washout quarter for them. Ad revenues have been declining.
09.08 / 18:21
COST
UPS
Booking
Strategy
Chase
‘Shift to luxury cars will gain pace as EV market matures’
electric vehicle market in India will prove to be a tipping point for faster penetration of luxury vehicles, as the EV mass market price points shift from ₹10 lakh- ₹20 lakh to ₹30 lakh- ₹35 lakh, making the transition from mass market to luxury vehicle “more gradual" and “easier", said Santosh Iyer, managing director and chief executive, Mercedes Benz India. The company, which sells only two electric models in India—its flagship EQS sedan and a seven-seater electric sport utility vehicle (SUV) EQB—said it will launch three to four EVs within 12-18 months. However, EVs are not the “top priority" for Mercedes, due to a lack of availability globally.
09.08 / 16:54
Citi
Action
Chase
Parke
US judge to hear legal battle over Nevada mustang roundup where 31 wild horses have died
A legal battle over the U.S. government’s deadly capture of thousands of wild horses in Nevada is getting a hard look from a federal judge in Reno
09.08 / 03:43
Provident
Ball
Gap
Chase
star
blues
Watch: Suryakumar Yadav’s explosive knock leads India to victory, keeps Men in Blue alive in T20 series
India, in a thrilling showdown at Providence Stadium on August 8, bounced back with a resounding 7-wicket victory over West Indies in the third ODI match. Suryakumar Yadav emerged as the star of the match with an explosive 83 runs off just 44 balls, setting the foundation for India's pursuit of 160 runs. The game's excitement was palpable as debutant Yashasvi Jaiswal faced a challenging start, unfortunately departing with just 1 run.
09.08 / 01:33
Provident
Airlines
Chase
show
exclusive
TPG snares funerals group InvoCare in $1.8b win for private equity
Private equity group TPG has won out in its five-month pursuit of InvoCare, after the board of Australia’s biggest funerals and crematoria operator endorsed a trimmed back offer of $1.8 billion.
08.08 / 20:55
COST
CEO
Gap
Strategy
Chase
pricing
Lyft forecasts strong earnings as it banks on competitive pricing to chase down Uber
(Reuters) — Lyft (NASDAQ:LYFT) forecast third-quarter revenue and adjusted core profit above estimates on Tuesday, as it bets on cost cuts and a post-pandemic rebound in ride-sharing demand to cushion the impact of a price war with bigger rival Uber (NYSE:UBER).
08.08 / 16:57
UPS
Provident
Target
Action
Chase
Bitcoin
Is It Too Late to Buy Bitcoin Cash? BCH Price Pumps Up 6.5% and Shibie Coin is Fast Approaching $200,000 – Next Top Barbie Meme Coin?
Bitcoin Cash (BCH) is facing a tumultuous move as a second retest of topside resistance from the 20DMA seems destined to enter retracement.
08.08 / 16:09
COST
Chase
show
Elevated debt levels put Ramco Cements on shaky ground
₹341.5 crore fell short of expectations. The company is yet to fully exhaust its high-cost inventory, but the management expects power and fuel cost to ease ahead. Moreover, the increased chase for volumes and market share has kept the industry’s near-term pricing outlook subdued.
08.08 / 11:59
COST
JPMorgan
Citigroup
Chase
Moodys
Drop
bank stocks
US bank stocks drop as Moody's downgrade sours sentiment
The rating agency said rising funding costs, a possible decline in deposit levels and weaker profitability pose risks to the banking sector, which went through a crisis earlier this year after the collapse of three lenders. Moody's also warned it may cut ratings of some of the biggest U.S. lenders, and placed six of them under review for a potential downgrade.
08.08 / 09:09
Align
Chase
track
Hardik Pandya is failing as a captain because…Parthiv Patel raises questions, draws comparison with Gujarat Titans
Hardik Pandya's rise as the potential successor to Rohit Sharma's captaincy seemed promising, especially after his triumphant maiden IPL season with the Gujarat Titans (GT). His appointment as the captain gained further momentum following the T20 World Cup, where he took over the reins after India's defeat to England. However, recent events have cast a shadow of doubt over his leadership capabilities.
07.08 / 18:37
JPMorgan
Strategy
Chase
Enterprise
Exodus
Ex-Wells Fargo Advisors chief Kowach launching new firm
A group of senior executives from Wells Fargo Advisors with a $40 million war chest are planning to embrace a registered investment advisor aggregator and roll-up strategy, according to sources familiar with their plans.
07.08 / 14:01
07.08 / 05:21
COST
UPS
Chase
Cement price movements in July defy past trend; hikes likely in August
Emkay Global Financial Services Ltd, average cement prices declined marginally by Rs1 per bag on a month-on-month basis at Rs374 in July 2023 versus average price decline of Rs5-7 in the past three-four years. One cement bag weighs 50 kilograms. “Region-wise, prices have declined by Rs2-3/bag in west and south, Rs6/bag in east, and stood flat in the central region; but, prices improved by Rs6/bag in north on month-on-month basis.
07.08 / 05:01
UPS
Software
Chase
show
stake
These 38 multibagger stocks saw FIIs increase stake in Q1; do you own any?
multibagger returns in 2023, data analysed by ETMarkets showed. These companies have a minimum market capitalization of Rs 500 crore, and the stocks have given up to over 3000% returns year-to-date. Prominent names that were chased by FII dollars in the quarter gone by include Aurionpro Solutions, Jindal Saw, Titagarh Rail Systems, Newgen Software, Zensar Technologies, Ramkrishna Forgings, Mrs Bectors Food Specialities, and Chennai Petroleum Corporation.
07.08 / 00:39
ETF
Compilation
Chase
MSCI
performer
country
EM stocks are having a moment as growth bets return
Investors in emerging markets are shifting to stocks from bonds as they prepare for the world after monetary tightening. There are early signs of a rotation under way, with equity benchmarks beating local-currency bonds since the beginning of July. And traders are already starting to chase the rally, with Bank of America Corp.
06.08 / 19:23
FIVE
Extreme
Strategy
Chase
Allianz
MSCI
Returns
China is losing out as global funds chase returns in Japan stocks
Foreign buying of Japanese equities has exceeded that of Chinese peers for the first time since 2017, according to a Goldman Sachs Group Inc. report, which cited data for the first six months of the year. Long-only managers continued to sell stocks in China and Hong Kong on a net basis in July despite a sharp rally, while buying shares in Japan, strategists at Morgan Stanley wrote in a report last week.
06.08 / 19:23
Extreme
Career
Chase
show
penalty
Sweden send holders US spinning out of World Cup after penalty drama
Women's World Cup holders was brought to an end in the most dramatic fashion as they were dumped out on penalties by Sweden, who joined the Netherlands in reaching the quarter-finals on Sunday. Sweden face Japan in the last eight as the drama and shocks just kept coming at the tournament in Australia and New Zealand. The Netherlands beat South Africa 2-0 and meet Spain.
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