Target Financial News
09.01 / 20:22
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Paramount Global lifted to Neutral as it might be able to justify current price - MoffettNathanson
MoffettNathanson upgraded shares of Paramount Global (PARA) to Neutral from Sell with a new price target of $13, up from $10 per share on Tuesday.
09.01 / 20:20
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Manufacturing
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reports
Midday movers: Boeing, CrowdStrike and more
(Updated — January 9, 2024 12:06 PM EST)
09.01 / 20:19
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Citi
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information
reports
Gotham City accounting queries wipe $3 billion off Grifols value
By Inti Landauro and Joan Faus
09.01 / 20:17
COST
Target
Waters
performer
Astec
reports
Q3 Result Preview: Specialty chemical sector companies to witness another weak quarter, say analysts
SRF and UPLL (versus KIE estimates) and ATLP, DN and TTCH (versus consensus). Given rich valuations and recent strength in stock prices, we remain cautious on the sector and see risks of disappointing returns from most leading stocks," the brokerage firm said in its report.
09.01 / 20:16
Citi
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community
Justice
social
rights
The ‘Indigo 11’: Group of ‘hate-motivated’ vandals or unconnected activists?
charged an Ottawa youth with terrorism for allegedly plotting an attack against the Jewish community. In Toronto, city councillor James Pasternak last week decried an “escalation of lawlessness in Toronto” after a Jewish-owned delicatessen was targeted by arson and graffiti.Between Oct. 7 and Dec.
09.01 / 19:31
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wellness
reports
Centre
Centre to take foot off capex pedal after FY25 budget
NEW DELHI : After an expected spurt in the next fiscal year, government capital expenditure (capex) may grow at a more sedate pace in the years ahead as the Centre sets its sights on fiscal consolidation, two people aware of the plans said. The Union government may boost capex allocation by 25% to a record ₹12.5 trillion in 2024-25, Mint reported in November. However, the Centre is also keen to bring the fiscal deficit below the targeted 4.5% by 2025-26.
09.01 / 19:27
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Honda unveils plans for new EV lineup
(Reuters) — Japanese automaker Honda (NYSE:HMC) Motor announced on Tuesday plans to launch a new electric vehicle series from 2026, as it plays catch-up with global rivals in the shift to battery powered cars.
09.01 / 19:19
09.01 / 18:51
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IPO
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EV maker VinFast launches pickup truck concept, plans to sell mini-EV globally
HANOI (Reuters) — Vietnamese electric vehicle maker VinFast (NASDAQ:VFS) on Tuesday launched a prototype of its new pickup truck, and said it plans to launch its mini-sized VF (NYSE:VFC) 3 model globally.
09.01 / 16:04
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security
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Food
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Headlines
India inflation likely crept closer to 6% in December: Mint poll
India’s retail inflation likely rose for the second straight month to 5.9% in December 2023 mainly on account of an unfavourable base effect, according to the median estimate given by 19 economists in a Mint poll. The uptick, which comes after a 5.55% print in November, could support the Reserve Bank of India’s (RBI’s) decision to hold the repo rate steady at 6.5% for the fifth time a row last month. The predictions in the poll ranged between 5.5% and 6.4%, with six economists expecting inflation to be at or above 6%, the upper tolerance limit of the RBI’s inflation targeting mandate.
09.01 / 15:26
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Updates
Delta Corp Q3 FY24 update: Net Profit declines 59% yoy to ₹34 crore
Delta Corp reported a consolidated net profit of ₹34.48 crore for the quarter ending in December, reflecting a decline of 59.34 percent, on January 9. In comparison, the company reported a net profit of ₹84.82 crore in the same quarter the previous year. According to an exchange filing, the revenue from operations for the quarter was ₹234.41 crore, marking a 15.58 percent decrease from ₹277.68 crore in the corresponding quarter of the previous fiscal year.
09.01 / 14:31
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2024
Goldman Sachs revises Nifty target to 23,500 for 2024, here's why
TCS Q3 Results Preview: Expect muted earnings growth; deal wins, outlook on near-term demand to be in focus In the last two months, there has been a positive transformation in the global macroeconomic landscape. Anticipations include robust growth in the US, earlier-than-expected interest rate reductions in both the US and Asian regions, and a projected mild depreciation of the dollar throughout the year.
09.01 / 13:10
09.01 / 12:57
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Bill Gross says 10-year Treasuries are ‘overvalued’ at 4%
Fresh from getting a big call right on yields toward the end of last year, former bond king Bill Gross just signaled he is now steering clear of Treasuries.
09.01 / 12:01
09.01 / 11:47
09.01 / 08:55
09.01 / 06:49
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Latin
GSP Crop Science eyes Rs 1,800 crore revenue in FY25; aims for 6-7% market share in 3-4 years
Agrochemicals manufacturer GSP Crop Science is eyeing Rs 1,800 crore in revenue in 2024-25, following its domestic as well as overseas market expansion, a top company executive has said. “In 2022-23, our annual revenue was at Rs 1,600 crore. We are looking at Rs 1,800 crore revenue in FY25. Overall our target is to reach Rs 2,500 crore in next 3-4 years with the addition of overseas business especially in Brazil,” GSP Crop Science Managing Director Bhavesh Shah told PTI.
09.01 / 06:49
Provident
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2024
Financial
10 smart money moves to make in 2024 for a healthier financial life
Each New Year offers an exciting opportunity to reevaluate our financial habits and set ambitious, yet achievable goals. The New Year feels like a new beginning, so many people make resolutions pertaining to their personal growth and changing old habits.
09.01 / 05:47
Citi
Target
FIVE
economy
Parke
country
Interviews
Gujarat has set target to become USD 500 billion economy by 2026-27: CM Patel
Gujarat Chief Minister Bhupendra Patel has said his government has set a target to contribute 10 per cent to India's GDP and become a USD 500 billion economy by 2026-27. At present, Gujarat, with five per cent the country's population, contributes 8.3 per cent to the national Gross Domestic Product (GDP) and in the previous year, the state accounted for 33 per cent of India's total merchandise exports, Patel said in an email interview to PTI ahead of the 10th Vibrant Gujarat Global Summit, to be inaugurated by Prime Minister Narendra Modi on Wednesday.
09.01 / 05:46
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F&O Stock Strategy: How to trade Samvardhana Motherson and IRCTC today
markets as Nifty formed a strong bearish engulfing candlestick on the daily charts. This correction is on the expected lines as Nifty was at significantly higher levels than its 50-day mean price. In addition, the uncertainty around the corporate earrings may also play a role in the future movement of the market. However, these dips also offer a good opportunity and two stocks have formed a strong setup on the charts for further rally, giving a good risk-reward ratio.
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