Strategy Financial News
15.07 / 03:47
UPS
Lowe's
Target
Strategy
Software
analysts
Wipro's muted first quarter, cautious outlook see analysts trim targets
Wipro and expect up to 20% downside in its stock price after India's fourth-largest software exporter reported softer deal wins and sharp deceleration in revenue growth versus peers at the end of first quarter. Analysts painted a cautious growth outlook and believed the company is unlikely to see margin improvement, prompting downward revision in earnings estimates. «We cut our FY24e and FY25e EPS by 3.5% and 4.9% to factor in weaker FY24 growth,» said Motilal Oswal in a client note.
15.07 / 03:47
Manufacturing
Strategy
National
National security strategy must evolve in line with changes in geo-political order: CDS Gen Anil Chauhan
Defence Staff (CDS) General Anil Chauhan said on Friday. Addressing the inauguration of the DRDO Directors' Conclave here in New Delhi, General Chauhan said that the need to perform, reform, transform, inform and conform to meet the emerging challenges. Referring to the «Technology Requirements emerging from Theaterisation», he said superiority in technology and tactics is the need of the hour and Indian Armed Forces are investing in new technologies to win engagements.
15.07 / 02:55
Cooper
Aware
Action
Strategy
Parke
India, France seek to build balanced and stable order in Indo-Pacific
India and France on Friday said that they believe in free, open, inclusive, secure and peaceful Indo-Pacific regions. The two nations noted that they seek to secure economic and security interests and build a balanced and stable order in the region. The two nations have released India-France Indo-Pacific Roadmap.
14.07 / 23:17
Provident
FIVE
Strategy
Pool
ALGS Split 2 Playoffs: Know how to watch, schedule, tickets and more
ALGS Split 2 Playoffs have arrived, gathering the top Apex Legends teams in London to compete for a substantial $1,000,000 prize pool. This major tournament marks an important milestone in the season and sets the stage for the upcoming ALGS Championship. Teams from all five regions will come together, vying for not only monetary rewards but also international recognition and ranking points towards the world championship. The tournament features an intense schedule, providing fans and participants with thrilling matches. Alongside the high stakes and prestigious competition, the event will showcase the skill and strategy of the participating teams. Players will engage in fierce battles, aiming to secure their place at the top of the leaderboard.
14.07 / 19:27
14.07 / 18:23
COST
Provident
ETF
SEC
Strategy
Morningstar
DFA request for ETF share classes marks tipping point for legacy fund companies
Dimensional Fund Advisors’ steady migration into the ETF space could be moving to a new level as the $614 billion asset manager seeks regulatory approval to launch ETF share classes for its U.S. mutual funds, which represent $400 billion.
14.07 / 18:23
UPS
Provident
FIVE
Progressive
Strategy
How to keep junior advisors from washing out before they get started
Why are some firms able to keep junior financial advisors in the fold while others repeatedly watch them wash out?
14.07 / 18:15
UPS
MAIL
Strategy
WOO
advisers
Bubs board spill fails to woo proxy advisers ISS, Glass Lewis
Proxy adviser Institutional Shareholder Services (ISS) is advising its clients to oppose plans to spill Bubs Australia’s existing board and install a new one that includes former a2 Milk executive Peter Nathan.
14.07 / 17:11
COST
Strategy
Mobile
SAP
Halliburton
Shell
exits
Energy sector left behind as Wall Street exits bear market
Falling crude oil prices and lingering worries about the global economy have been sapping power from energy stocks throughout 2023
14.07 / 16:49
Manufacturing
Strategy
National
National security strategy must evolve in line with changes in geopolitical order: CDS Gen Chauhan
Defence Staff General Anil Chauhan said on Friday. Addressing the inauguration of the DRDO Directors' Conclave here, he also said theaterisation will ensure «effective response along the entire spectrum of conflict». Gen Chauhan stressed the need to perform, reform, transform, inform and conform to meet the emerging challenges, the defence ministry said in a statement.
14.07 / 15:37
14.07 / 13:49
Provident
FIVE
CEO
Gap
Strategy
Ames
StanChart to sell sub-Saharan Africa business to Access Bank
DUBAI (Reuters) — Standard Chartered said on Friday it has reached an agreement to sell its subsidiaries in sub-Saharan Africa to Nigeria's Access Bank, putting into motion a plan announced last year to divest those businesses.
14.07 / 13:49
COST
Lowe's
Target
Platform
Strategy
Meta Platforms
analyst
4 big analyst picks: Meta raised to Outperform, Snowflake stock jumps on upgrade
Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at Meta Platforms, Snowflake, Goldman Sachs, and Pilgrims Pride.
14.07 / 12:29
14.07 / 12:29
Provident
Digital
CEO
Strategy
Enterprise
Retirement provider Ascensus taps Good as new president
Retirement services provider Ascensus announced Thursday that Nick Good will become president of the company effective Sept. 5.
14.07 / 10:57
14.07 / 10:57
Platform
Strategy
open
Investors open to using ChatGPT to pick their investment portfolios
For many of us, artificial intelligence (AI) is still at a relatively early stage, but some are prepared to rely on it for some of their most important investing decisions.
14.07 / 10:23
14.07 / 08:37
14.07 / 08:37
14.07 / 07:47
UPS
Provident
FIVE
CEO
Platform
Strategy
BSE CEO Ramamurthy says Sky’s the limit for SMEs; to focus on equity derivatives first this year
Sundararaman Ramamurthy, MD & CEO, BSE, says that “in the current year, BSE has picked and chosen equity derivatives first, followed by equity and then currency options. SMEs would be a great focus for us as would mutual funds because of its socio-economic impact and the financial savings being converted into capital market savings impact into the market. Commodities and later interest rate derivatives will all follow.
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