Reports Financial News
07.02 / 14:15
markets
COST
Strategy
Experts
PAM
reports
Department
100,000 eggs were stolen from Pennsylvania while prices keep rising
Pennsylvania has seen a notable egg theft in which thieves stole about 100,000 eggs from a distribution trailer at Pete & Gerry's Organics in Antrim Township, Greencastle. Pennsylvania State Police report that the theft happened on Saturday at 8:40 p.m.; the stolen eggs are thought to be worth $40,000, stated USA Today.
07.02 / 13:57
markets
Strategy
TikTok
Trade
President
social
reports
TikTok to die? Xi Jinping flexes muscles, takes a hard-line approach, and wants popular social media platform's U.S. operations to die rather than approving a sale
TikTok's future in the US remains uncertain as the Chinese government, led by Xi Jinping, took a hard-line approach, preferring to allow the app's US operations to die than give approval for a sale, as per a report.
07.02 / 13:35
COST
Action
economy
Sustainability
Continental
President
European Commission
reports
Europe is looking to roll back climate accounting rules
Subscribe to enjoy similar stories. The European Commission is reviewing elements of its flagship Green Deal environmental policy, as worries over rising costs and a lack of competitiveness with China and the U.S. grow within the continent.
07.02 / 12:45
CEO
Platform
Food
wellness
President
show
reports
Restaurants Canada wants the tax ‘holiday’ made permanent as end nears
The national association representing Canada’s restaurants wants Ottawa’s GST/HST “holiday” made permanent amid early signs it’s helped some cash-strapped Canadians dine out more often.
07.02 / 12:45
UPS
Analysis
Trade
Experts
reports
rights
Delhivery Q3 Results: Cons PAT soars 114% YoY to Rs 25 crore, revenue up 8%
Delhivery reported a 114% year-on-year jump in its December quarter net profit at Rs 25 crore versus Rs 12 crore reported in the year ago period making it the third consecutive profitable quarter for the company. The revenue from operations in the reported quarter stood at Rs 2,378 crore, witnessing an 8% jump over Rs 2,194 crore reported in the corresponding quarter of the previous financial year. On a sequential basis, the profit after tax (PAT) was 145% higher over Rs 10 crore posted by the logistics company in Q2FY25. Meanwhile the revenue was up 9% on a quarter-on-quarter basis versus Rs 2,190 crore reported in the July-September quarter.
07.02 / 12:45
07.02 / 12:45
markets
economy
Trade
President
country
reports
Trade deficit balloons to a 3-year high: US imports hit record high in December as Donald Trump’s threat of tariffs triggered rush among American companies to import goods
Commerce Department data. The 3.5% increase from the previous month was due to US president Donald Trump’s threat of tariffs that triggered a rush among American companies to import goods, reported The Telegraph.
07.02 / 11:45
Fighting
film
love
Inside
actress
rock
reports
Taylor Swift feels ‘used’ by Blake Lively amid Justin Baldoni lawsuit drama, she isn't one of her 'dragons'
Taylor Swift is reportedly feeling blindsided and used after being dragged into the legal battle between actress Blake Lively and Justin Baldoni, the director and co-star of It Ends With Us.
07.02 / 11:23
markets
Sustainability
social
reports
GSS bond issuance hits almost $1trn in 2024 as Europe takes the lead
According to Bloomberg data cited in MainStreet Partners' latest GSS report, 2024 was a «big year for the asset class» with green bonds enduring their second most active year since their launch on markets and accounting for 58% of issuance during the year, the equivalent of $561bn. They were followed by social bonds, which hit $251bn in 2024, while sustainability bonds saw a year-on-year decline in market value issuance from $203bn in 2023 to $152bn last year. Fund outflows subside in 2024 as investors grow incrementally optimistic The final category included sustainability-linked ...
07.02 / 08:15
Target
Platform
President
voice
reports
Department
Scandals
Trump promotes misleading claims about federal government’s media subscriptions
Federal government payments for subscriptions to media outlets have become the latest target of President Donald Trump's spending hawks
07.02 / 05:21
COST
Analysis
Trade
Experts
reports
recommendations
NCC shares sink 15% as Q3 profit declines 12.5% YoY, margins contract
NCC Ltd tumbled as much as 14.6% on Friday to Rs 202.85 on the BSE after the infrastructure company reported a 12.5% year-on-year (YoY) decline in net profit at Rs 193.2 crore for the third quarter ended December 2024. The stock decline followed NCC's earnings announcement post-market hours on Thursday. The Rekha Jhunjhunwala-backed firm posted a net profit of Rs 193.2 crore for the quarter ended December 31, 2024, down from Rs 220.7 crore a year earlier, according to a regulatory filing.
07.02 / 05:13
Analysis
Research
Trade
Experts
reports
rights
Cochin Shipyard shares crack 7% after reporting 27% YoY decline in Q3 PAT
Cochin Shipyard shares cracked 7% to an intraday low of Rs 1,311.40 on the BSE on Friday, February 7, after the company on Thursday announced a 27% year-on-year (YoY) drop in its consolidated net profit at Rs 177 crore in the third quarter of financial year 2025. Shares of state-owned Cochin Shipyard shares will remain in focus on Friday, February 7, after the company on Thursday announced a 27% year-on-year (YoY) drop in its consolidated net profit at Rs 177 crore in the third quarter of financial year 2025.
07.02 / 05:13
markets
Digital
Strategy
PAM
performer
social
reports
Tech layoffs in 2025: Microsoft, Amazon, Indian startups ShareChat, Pocket FM continue job cuts
layoffs in 2025, with several major companies announcing job cuts. This trend is attributed to factors including market instability, tightened budgets, and the need to adapt to changing industry conditions, especially with artificial intelligence (AI) entering the scene.
07.02 / 05:13
07.02 / 04:59
CEO
Analysis
Software
Trade
Experts
reports
International
Sonata Software sinks 15% as Q3 profit drops sequentially on margin erosion
Sonata Software fell as much as 15.1% on Friday to Rs 467 on the BSE after the mid-tier IT services firm reported a third-quarter profit of Rs 105 crore, a 1.4% sequential decline from Rs 106.5 crore in the preceding quarter, as margins eroded due to a deal ramp-down from its largest client. The Bengaluru-based company’s operating margins narrowed sharply to 4.6% in the October-December period, down from 6.7% in the previous quarter, impacted by a 3% margin contraction from the client ramp-down and an additional 0.7% hit due to senior management bonuses.
07.02 / 04:49
markets
Target
security
Analysis
wellness
Trade
reports
Add Zydus Wellness, target price Rs 2,000: ICICI Securities
add call on Zydus Wellness, with a target price of Rs 2000. The current market price of Zydus Wellness is Rs 1779. Zydus Wellness, incorporated in 1994, is a Mid Cap company with a market cap of Rs 11363.43 crore, operating in FMCG sector. Zydus Wellness' key products/revenue segments include Food Products and Other Operating Revenue for the year ending 31-Mar-2024.
07.02 / 04:49
markets
Analysis
Trade
Experts
reports
rights
Updates
Stock market update: Nifty Bank index falls 0.01% in a weak market
Au Small Finance Bank Ltd.(up 0.95 per cent), HDFC Bank Ltd.(up 0.91 per cent), Federal Bank Ltd.(up 0.15 per cent), IndusInd Bank Ltd.(up 0.08 per cent) and Kotak Mahindra Bank Ltd.(up 0.06 per cent) were among the top gainers.
07.02 / 02:53
Analysis
Trade
Experts
Cycling
stage
reports
rights
LIC to report Q3 results today. Here's what to expect
growth in its profitability in the third quarter ended December 2024 even as the annual premium equivalent (APE) is expected to see a decline. Emkay Global estimates a profit growth of 5% YoY to Rs 9908 crore, while APE may witness 19% drop to Rs 10,686 crore.
07.02 / 02:53
markets
Citi
Target
Analysis
Trade
Experts
reports
Hero MotoCorp shares in focus after Q3 earnings beat estimates. What should investors do?
Hero MotoCorp shares will be in focus on Friday after the company reported a 12% year-on-year rise in standalone net profit for the December quarter, reaching Rs 1,203 crore against Rs 1,073 crore a year ago. The figure surpassed Street estimates of Rs 1,122 crore. Revenue from operations rose 5% to Rs 10,211 crore from Rs 9,723 crore in the same quarter last year, exceeding the ET Now Poll estimate of Rs 10,152 crore. The company said both revenue and profit for the first nine months of FY25 were the highest ever.
07.02 / 01:49
markets
economy
Workday
pandemic
show
reports
Department
Unemployment applications rose to 219K last week; layoffs remain relatively low
More Americans filed unemployment claims last week, but the labor market remains healthy and layoffs relatively low
07.02 / 01:49
MET
Cooper
security
Myanmar
country
reports
China's Xi and Thailand's leader vow to crack down on scam networks that plague Southeast Asia
China’s leader Xi Jinping and visiting Thai Prime Minister Paetongtarn Shinawatra have vowed to crack down on the scam networks that plague Southeast Asia as the two met in Beijing
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