Target Financial News
17.08 / 03:05
UPS
Lowe's
Target
show
country
Dollar shines on US economic resilience; Aussie tumbles after employment data
dollar pushed the yen deeper into intervention territory on Thursday as a resilient U.S. economy underscored the need for higher-for-longer interest rates, while a strikingly ultra-dovish Bank of Japan struggled to defend its policy stance. The Australian dollar tumbled after the country's July employment unexpectedly fell while its jobless rate ticked up more than expected.
17.08 / 03:05
Lowe's
Target
Nov
MSCI
show
performer
Asian stocks
Asian stocks hit 9-month lows on worries over China economy, US rates
MSCI's broadest index of Asia-Pacific shares outside Japan slid to 495.03, its lowest since Nov. 29. It was last down 1.14% at 497.11, with the index down 8% for August and set for its worst monthly performance since September.
17.08 / 03:05
Lowe's
Target
Action
Gap
Vodafone
Big Movers on D-Street: What should investors do with IndiGo, Divi's Labs & Vodafone Idea?
Stocks that were in focus include names like IndiGo, which fell 3.57%, Divi's Labs, which declined 0.55%, and Vodafone Idea, whose shares dropped 2.48% on Wednesday.Here's what Riches Vanara, Technical And Derivatives Analyst at StoxBox, recommends investors should do with these stocks when the market resumes trading today:IndiGo — SellA gap down opening on the daily chart with huge volume along with the stock breaking below the important zone of 2,470-2,510 turns the momentum bearish. The momentum indicators MACD and 14-period RSI are also facing resistance at their moving average on every uptick. The stock seems to be getting weaker as supply is exceeding demand.
17.08 / 02:53
UPS
Target
FIVE
NIFTY
SENSEX
Day trading guide for today: Five stocks to buy or sell today — August 17
Day trading guide for today: For second day in a row, Indian stock market opened lower but witnessed sharp recovery ahead of the market close. Key benchmark indices Nifty and Sensex ended higher whereas Bank Nifty continue to bleed on fifth day in a row. NSE Nifty added 30 points and closed at 19,465 levels, BSE Sensex went up 137 points and ended at 65,539 mark.
17.08 / 02:17
UPS
Target
NIFTY
SENSEX
show
Buy or sell: Vaishali Parekh recommends three stocks to buy today — 17th August
Buy or sell stocks for today: Logging sharp recovery from the morning losses, key benchmark indices Nifty and Sensex ended higher with marginal gains but Bank Nifty extended its losing spree for fifth straight session on Wednesday. NSE Nifty added 30 points and closed at 19,465 levels, BSE Sensex went up 137 points and ended at 65,539 mark.
17.08 / 01:57
Twitter
Target
Booking
Citizens
Action
Assurant
Celebrity
Pakistan: Over 100 held after multiple churches vandalised in Faisalabad
Pakistan's Faisalabad, Geo News reported on Wednesday citing the Punjab interim government's spokesperson. Multiple churches have been vandalised in the Jaranwala district of Pakistan's Faisalabad on Wednesday over blasphemy allegations, Pakistan-based Dawn reported citing officials. In a statement, a Punjab government spokesperson said that the provincial government has also ordered a high-level inquiry into the incident.
17.08 / 00:57
UPS
Target
Aware
Manufacturing
electronic
Government targets 80% local value addition in IT gear in 5-10 years
India to 60-80% in the next five-ten years, people aware of the development told ET. A primary request of the government is that industries operating in India look to implement new production techniques, such as surface-mount technology (SMT) lines, to step up the local value-addition percentage, one of the people said. “So, for example, in the IT hardware production-linked incentive (PLI) scheme, the government wants the industry to go beyond the assembly of components.
17.08 / 00:57
COST
Target
Merit
Remark
Patrick
show
Fed saw 'significant' inflation risk that may merit more hikes
Federal Reserve officials at their last meeting largely remained concerned that inflation would fail to recede and suggested they may continue raising interest rates. «Most participants continued to see significant upside risks to inflation, which could require further tightening of monetary policy,» according to minutes of the US central bank's July 25-26 policy meeting published Wednesday in Washington.
16.08 / 21:43
UPS
Target
Discover
stage
track
Has Treasury Market Misjudged Timing for Peak Rates Again?
For much of the year, the bond market has been embracing expectations that the Federal Reserve’s interest rate increases have peaked or were about to peak. The underlying logic centered on the ongoing slide in inflation following 2022’s spike.
16.08 / 21:43
COST
UPS
Provident
Target
Progressive
track
rate hikes
Threat
Reserve
Federal Reserve minutes: Too-high inflation, still a threat, could require more rate hikes
Most Federal Reserve officials last month still regarded high inflation as an ongoing threat that could require further interest rate increases, according to the minutes of their July 25-26 meeting
16.08 / 20:31
Provident
Target
CEO
JPMorgan
Mercury
performer
analysts
reports
guidance
Q4
Mercury Systems reports Q4 miss & disappointing guidance, analysts react
Mercury Systems (NASDAQ:MRCY) reported its Q4 results yesterday, with EPS of $0.11 coming in worse than the consensus estimate of $0.52. Revenue was $252.3 million, missing the consensus estimate of $278.81M.
16.08 / 19:41
COST
Target
Extreme
Action
Parke
band
RBI could extend incremental CRR to rein in liquidity
Reserve Bank of India (RBI) may extend the temporary incremental cash reserve ratio (CRR) it imposed on banks last week as the monetary authority is seen training its sights on liquidity management to tackle inflation rather than lifting benchmark policy rates to tame wild jumps in food prices. Consumer Price Index (CPI) inflation surged to 7.44% year-on-year in July from 4.87% in the previous month, driven primarily by high vegetable prices.
16.08 / 19:07
UPS
Target
SENSEX
stake
Govt considering part-sale of IRFC stake through offer-for-sale route
Indian Railway Finance Corp (IRFC) through the offer-for-sale (OFS) route this fiscal year, an official said on Wednesday. An inter-ministerial group, which includes officers from the Department of Investment and Public Asset Management (DIPAM) and the railways ministry, has started deliberations on the quantum of stake dilution in the financing arm of the railways through the OFS, he added.
16.08 / 19:07
Provident
Target
show
cover
Scheme for formal employment generation falls short of target
Aatmanirbhar Bharat Rojgar Yojana (ABRY), launched in 2020 at the time of the pandemic. As per latest government data, enrolments under ABRY stood at 6.04 million as on July 22, 2023, well short of the revised target of generating 7.18 million jobs under the scheme but higher than its initial target of 5.85 million. Disbursements under the scheme are way behind target.
16.08 / 19:05
Citi
Target
Action
Battlefield
US slaps sanctions on entities over alleged arms deals between North Korea, Russia
WASHINGTON (Reuters) -The United States on Wednesday imposed sanctions on three entities it accused of being tied to arms deals between North Korea and Russia as Washington cracked down on those seeking to support Russia's war in Ukraine.
16.08 / 18:53
Target
BLOCK
Aware
Manufacturing
stage
country
WTO
Centre
Protectionism to take centre stage at Abu Dhabi WTO meet
NEW DELHI : A record number of World Trade Organization (WTO) members have raised concerns about rising protectionist moves in global trade, propelling the issue to centre stage at the 13th WTO Ministerial Conference (MC13) in Abu Dhabi in February, an official aware of the development said. Many developing nations, including India, are set to oppose the European Union’s (EU’s) carbon border adjustment mechanism (CBAM) that aims to tax imports of carbon-intensive products such as steel, aluminium, cement, and electricity. The EU is also expected to file a complaint against the US’s Inflation Reduction Act because the $430 billion subsidy to manufacturers of green technology will distort international prices and is against WTO norms.
16.08 / 18:33
COST
UPS
Target
Aviat
Strategy
Simulation
Schools
Redbird Aviation eyes overseas flight schools
New Delhi: Pilot training institution, Redbird Aviation, is considering acquisitions of overseas assets, as a part of its expansion strategy to address increasing demand for pilots in India, and boost its fleet size. The company’s objective is to mitigate the impact of supply chain challenges on availability of aircraft, senior executives of the company said. “We acquired a flying school in Colombo, Sri Lanka, which has seven airplanes.
16.08 / 18:33
UPS
Target
reports
July was strongest month on record for advisor M&A, Fidelity reports
July was the strongest month on record for mergers and acquisitions of wealth management firms, according to data released by Fidelity Institutional.
16.08 / 18:33
16.08 / 18:13
UPS
Target
Manufacturing
Intel
Coherent
Pride
fall
Target and Stride rise; Coherent and Tower Semiconductor fall, Wednesday, 8/16/2023
Stocks that are trading heavily or have substantial price changes Wednesday: Target and Stride rise; Coherent and Tower Semiconductor fall
16.08 / 18:13
Target
Career
country
A Bulgarian businessman was shot dead in broad daylight in a suburb of Sofia
Police say a prominent Bulgarian businessman whose rollercoaster career reflected his country’s transition from communism to democracy was shot dead in broad daylight on Wednesday
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