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Investing.com — Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at RTX, Barclays, Bath & Body Works, and BOK Financial.

McLeod Russel India Ltd on Thursday said the company would sell its Vietnam unit, Phu Ben Tea Company Ltd, for USD 2.15 million. The company would sell the entity to TLK Agriculture Joint Stock Company (TLK).

Investing.com — Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at Microsoft, Adobe, Snap, and Live Nation Entertainment.

ATHENS (Reuters) — The European Central Bank left interest rates unchanged as expected on Thursday, snapping an unprecedented streak of 10 consecutive rate hikes, and maintained its guidance which signals steady policy ahead.

₹50 lakh. Instead, they could be housed in mutual funds at a lower ticket size but higher than ordinary mutual funds, a letter from AMFI to fund houses read. Sebi asked AMFI to send the industry’s responses by 25 October, according to a letter from AMFI to fund houses, a copy of which Mint has seen.

₹63.65 per share to the current trading price of ₹131.75, marking an impressive gain of 107%. In the most recent trading session (Wednesday), the shares jumped 13.41% to reach a 21-month high of ₹145 per share, in response to the company's strong Q2FY24 earnings. Between October 2021 and March 2023, the stock witnessed a significant decline, falling from ₹169.30 to ₹63.65, resulting in a 62% loss.

LPL Financial is empowering its advisors to retain tax planning business in-house rather than referring clients to external services – and to leverage an outsourced CFO in their business.

Morgan Stanley has made its decision on who should succeed the man who helped the firm recover from the turmoil of the financial crisis and grow into wealth management titan.

New standards for the global carbon offsets market threaten to wipe out “a lot” of value for investors, according to Lombard Odier.

Mercedes-Benz said a «brutal» electric vehicle market of heavy price cuts and supply chain issues meant it would likely hit the lower end of its 12-14% adjusted return on sales forecast for the cars division, as third-quarter earnings fell. The luxury carmaker said it remained committed to its EV targets, but could bolster earnings with better returns from its combustion engine portfolio if margins on EVs remained lower than previously assumed, its chief financial officer said on an analyst call. With some traditional players selling battery electric vehicles below the level of internal combustion engine cars despite their higher production costs, «this is a pretty brutal space,» Harald Wilhelm said. «I can hardly imagine the current status quo is fully sustainable for everybody,» he said. Discounts offered on some models in Germany in the fourth quarter did not represent an overall shift in the carmaker's pricing strategy of keeping prices high to focus on boosting margins over volume, Wilhelm said. Mercedes shares had slid more than 6% by 0733 GMT to their lowest in almost a year, and were the biggest fallers on the euro zone blue-chip index.

Crude oil deficit to high inflation: How can the Israel-Hamas war impact Indian economy? — Explained (Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) The market is expected to remain on a bumpy track in the near term even though the long-term outlook remains strong because of India's strong economic growth potential.

Scholastic Inc. will end a widely criticized policy that made it easier for school book fairs not to sell works with racial, disability and LGBTQ+ themes

yellow metal prices, MCX gold and silver futures traded with strength. MCX December gold futures were trading at Rs 60,977 per 10 gram, up by Rs 151, or 0.25%. They are at five month high levels.

personal finance strategy without factoring in unexpected medical expenses is practically impossible in today’s world. It wasn’t too long ago when the world experienced an unparalleled health crisis in the form of a deadly pandemic, the after-effects of which can still be felt with long-term health issues. On top of that, the cost of healthcare is rising across the world.

“My first investor, who is very close to me, indeed had faith in our fund. She invested Rs 55 L with us on the inception date of October 8, 2020. When I last checked her investment at the end of September, it had grown to approximately Rs 2.05 cr,” says Anirudh Garg, Partner & Fund Manager, INVasset LLP. In an interview with ETMarkets, Garg said: “Our fund house, INVasset, manages the INVasset Growth Fund, which operates on a unique algorithm known as the INVasset Aaid Shifter” Edited excerpts: Second straight month of consistent performance with gains of more than 9% compared to over 1% rise seen in the Nifty50. Please take us through the performance of your fund ‘Growth Pro Max Fund’ in September. As we delve into past returns, there are a couple of important disclaimers to keep in mind. Firstly, any discussion of past returns should not be construed as a guarantee of future performance.

Ford agreed to a record 25% hourly wage hike over the life of the contract, which exceeds four years. With cost-of-living allowances, the top wage rate is expected to increase by 33%. The top pay will be over $40 an hour, the union said.

Sensex closed 522.82 points lower at 64,049.06, while the Nifty 50 ended at 19,122.15, down 159.60 points, or 0.83%. Nifty 50 formed a long bear candle on the daily chart, signaling back-to-back sharp declines in the market in the last two sessions. This also indicates a decisive downside breakout of the immediate supports around 19,300-19,250 levels.

(Reuters) -Stellantis NV on Thursday announced a 1.5 billion euro ($1.6 billion) deal to acquire a 20% stake in China's Leapmotor (HK:9863) Technology in a move that gives the European automaker a vital foothold in the world's largest auto market.

By Tatiana Bautzer

Angus Aitken took a short trip from the Aitken Mount Capital Partners offices to Dan Murphy’s high-end Sydney CBD store on Martin Place – and he appears to be unimpressed about what he saw.

After making a statement on the 10th of October 2023 outlining changes in its operational emphasis, the blockchain technology company Parity Technologies, which is the service provider behind the Polkadot (native token: DOT) blockchain, is said to have let go of more than 300 workers this week. According to a tweet published by Parity Technologies, the firm is «sunsetting its go-to-market functions» in order to make room for more extensive community-driven initiatives amid the expansion of Polkadot's ecosystem.