Target Financial News
06.07 / 22:05
Target
Merck
Pfizer
Roivant Sciences $7 billion bowel drug draws major pharma interest
Pharmaceutical company Roivant Sciences Ltd (NASDAQ:ROIV) has garnered interest from major pharmaceutical companies for its treatment of inflammatory bowel disease, estimated to be valued at over $7 billion, as reported by Bloomberg, which cited sources familiar with the matter.
06.07 / 22:05
UPS
Provident
Target
Aviat
Airlines
Enterprise
Support
4 Stocks With Unanimous Wall Street Support
We often come across different ratings given to company stocks by various investment banks and agencies. It's only natural that there are usually disagreements and varying viewpoints. For instance, a given company might receive 8 buy ratings, 2 hold ratings, and 2 sell ratings.
06.07 / 19:03
UPS
Provident
Target
Progressive
Aware
G20 panel moots development banks' greater engagement with private sector
G20 to suggest a reforms blueprint for multilateral development banks (MDBs) has recommended enhancing their sustainable level of own-account non-concessional finance to $300 billion annually by 2030 among several other measures to make them more impactful. The concessional finance target is pegged at $90 billion annually.
06.07 / 18:43
Provident
BTC
Target
Action
One crore sapling plantation drive: Assam identifies SHG members, Anganwadi workers among others as target groups
SHG members, Anganwadi workers and helpers, ASHA workers, police including VDPs and battalions, tea gardens, educational institutions and government offices as target groups. Chief Minister Himanta Biswa Sarma held a meeting with the Deputy Commissioners to discuss the plan of action for implementation of three ambitious initiatives of the state government at Janata Bhawan today. These initiatives are plantation of one crore saplings across Assam to boost commercial wood production and environment protection, Khel Maharan and Sanskritik Mahasangram for creating an inclusive environment for identifying talents in the field of sports and culture.
06.07 / 18:35
UPS
Lowe's
Target
Gap
Strategy
‘Coal export strategy in works; local lithium hunt gains pace’
NEW DELHI : The Centre will devise a strategy to tap export markets for Indian coal as domestic production sets new records, Union minister of parliamentary affairs, coal and mines Pralhad Joshi said. In an interview, Joshi said India already exports around 2 million tonnes (mt) of coal to its neighbours. He said that after the recent lithium finds in Jammu and Kashmir and Rajasthan, the Geological Survey of India (GSI) has begun six projects on lithium investigation in Chhattisgarh, Meghalaya, Jammu & Kashmir, and Andhra Pradesh.
06.07 / 16:19
UPS
Twitter
Target
Reuters
Platform
Apple
After hitting 18-month high ahead of launch, Meta stock up 1% after millions sign up on Threads
Elon Musk-owned Twitter, which has seen a series of potential competitors emerge but not yet replace one of social media's most iconic companies, despite its recent struggles. The Threads app went live on Apple and Android app stores in 100 countries and will run with no ads for now. Twitter, by comparison, had 229 million monthly active users in May 2022, according to a statement made before Musk's buyout of the social media platform.
06.07 / 15:43
Lowe's
Target
Williams
Fighting
CRA
William Watson: An excess profits tax? OK, Mr. Singh, but how about an excess wages tax, too?
NDP Leader Jagmeet Singh says Canada needs an excess profits tax to help reduce inflation. His argument seems to be that if you let grocery chains and others know they won’t profit from raising prices unfairly, they won’t raise prices unfairly. I don’t know. It doesn’t sound like typical corporate-robber-baron behaviour to me. Why won’t they start raising prices on the grounds their taxes are higher?
06.07 / 15:41
COST
UPS
Lowe's
Target
U.S. job openings dip to 9.8 million but remain high, showing resilience in labor market
Employers posted 9.8 million job vacancies, down from 10.3 million in April, the Labor Department said Thursday. But layoffs fell slightly, and more Americans quit their jobs — a sign they were confident they could find better pay or working conditions elsewhere. Job openings fell in healthcare, insurance and finance.
06.07 / 15:39
UPS
Twitter
Target
Continental
Patrick
Browser
EU sets out first-ever soil law to protect food security and slow global heating
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06.07 / 15:39
UPS
Target
Progressive
Fighting
Strategy
Browser
net zero
Net Zero: The Companies Leading the Fight Against Climate Change
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06.07 / 15:01
Target
Public sector banks confident of withstanding macro shocks, says govt
banking sector, the finance ministry said on Thursday. The asset quality of India's state-run banks has improved with gross non-performing assets — the measure of a bank's bad loans — at 4.97% in March 2023, the ministry said in a statement released after a meeting between the finance minister and heads of various state-run banks.
06.07 / 15:01
UPS
Target
fall
record high
US trade deficit eased from record high in May on fall in imports
US trade deficit shrank in May on a sharp decline in imports, according to government data released on Thursday slightly after rising to a record high a month earlier. The Federal Reserve paused interest rate hikes last month to give policymakers more time to assess incoming US economic data, after raising them 10 times in a row to tackle high inflation. But despite its aggressive moves, inflation remains well above the Fed's long-term target of two percent, while the labor market remains tight.
06.07 / 14:29
Target
Platform
Support
IPO-Bound Drone Destination Limited gains significant support from leading investors
Drone Destination Limited. This rising Drone-as-a-Service (DAAS) firm is India's first DGCA-authorized Drone Training Organisation under Drone Rules 2021, marking a new frontier in the Indian tech industry. Drone Destination Limited recently announced its Initial Public Offering (IPO) of 68,00,000 equity shares, priced between Rs.
06.07 / 14:25
UPS
Target
Booking
SENSEX
AVP
share price
HDFC Bank share price underperforms Sensex post-merger; what should you do?
HDFC Bank have been witnessing some profit booking in July so far after they witnessed a decent gain of about 6 per cent in June ahead of the merger of HDFC with it. In July so far, the stock is down nearly 2 per cent against a 2 per cent gain in equity benchmark Sensex. However, most analysts and brokerage firms remain upbeat about the stock for the medium to long term as they believe the merger of HDFC and HDFC Bank is synergistic.
06.07 / 14:15
COST
UPS
Target
CEO
Government scores ‘own goal’ with gas, as Japan’s fears confirmed
Japan’s fears about Australia’s “quiet quitting” of the LNG export business hold true while domestic gas users will also suffer, say energy consultants and lawyers, citing the mounting obstacles the Albanese government has put in the way of new gas projects.
06.07 / 14:15
06.07 / 12:21
Lowe's
Target
Booking
Action
Dreams
Breakout Stocks: How CEAT, PNC Infratech and IOC are looking on charts for Friday
Sector-wise, buying was seen in utilities, realty, oil & gas, and power stocks while some profit booking was seen in the IT space. Stocks that were in focus include names like CEAT, which rallied more than 19%; PNC Infratech gained nearly 5%, and India Oil Corporation that closed with gains of over 3% to hit fresh 52-week highs on Thursday.
06.07 / 12:21
Target
AXY
Enterprise
NIFTY
dividend
2 Nifty stocks to trade ex-dividend on Friday. Do you own any?
Axis Bank and Adani Enterprises — will turn ex-dividend on July 7. Axis Bank had earlier announced a final dividend of Rs 1 per share, which is 50% of the face value for the financial year ending March 2023. The company has set July 7 as the record date to determine the eligibility of shareholders.
06.07 / 12:15
UPS
Target
Mobile
Metro
Motorola
Motorola signs Kriti Sanon as brand ambassador for Razr phones
New Delhi: Smartphone brand Motorola has signed actor Kriti Sanon as its brand ambassador. The company said she has been brought on board to announce its ‘Motorola Razr 40 Ultra’ and ‘Razr 40’ products. Sanon will be seen in two television commercials.
06.07 / 12:05
Citi
Target
Parke
Southern
Russian cruise missile attack on Ukraine city of Lviv kills 4 people and injures dozens
Russia fired cruise missiles on Thursday at a western Ukraine city far from the front line of the war, killing at least four people in an apartment building in what officials said was the heaviest attack on civilian areas of Lviv since the Kremlin's forces invaded the country last year. The nighttime attack destroyed the roof and the top two floors of a residential building, injuring 34 people. Emergency crews with search dogs went through the rubble.
06.07 / 09:53
UPS
Twitter
Target
CEO
Platform
analysts
Meta shares pop after Threads launch; analysts see little near-term impact for stock
Meta Platforms (NASDAQ:META) launched Threads, a direct competitor to Twitter, on Wednesday. The new service attracted millions of users in a matter of hours. META CEO Mark Zuckerberg said the app attracted 10 million sign-ups in seven hours.
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