UPS Financial News

14.02 / 17:43

UPS FIVE SUN Platform NXT reports Sun TV Network Q3 Results: Cons PAT rises 7% YoY to Rs 454 crore

Sun TV Network has reported a consolidated net profit of Rs 454 crore in Q3, up 6.8% from Rs 425 crore in the same quarter of the previous fiscal. The company's total income was up 7.5% at Rs 1059 crore while operating revenue increased 4% to Rs 923 crore. Expenses rose 7.8% to Rs 451 crore.

14.02 / 17:43

markets UPS CEO Food wellness record high Uber hits record high after unveiling first-ever $7-billion share buyback

Uber Technologies shot to a record high on Wednesday after announcing its first-ever buyback of $7 billion worth of company shares after a strong recovery in ride-share revenue and healthy demand in its food delivery business. The company posted its first annual net profit last week since it went public in 2019. Uber executives said they expect to make buybacks consistent over time.

14.02 / 17:41

UPS Platform Election TikTok country Schools Videos TikTok prepares to combat misinfo, AI fakes and influence ops ahead of European Union election

TikTok is taking measures to combat misinformation about the upcoming European Union elections, including setting up fact-checking hubs inside the app, the video-sharing platform said Wednesday in a blog post. TikTok plans to launch local language in-app «election centers» next month for each of the 27 EU countries so that «people can easily separate fact from fiction.»

14.02 / 17:23

UPS CEO Parke Tesla wellness country rights Facts vs. Fiction: What you need to know about EVs in Canada

electric vehicles are a hot topic of conversation in Canada.Will Canada be able to meet the 2035 mandate imposed by the Liberal government of Prime Minister Justin Trudeau for all new car sales to be electric? Will all those Teslas, Chevy Bolts, and Hyundai Ioniqs overwhelm and break the grid, as many fear? And what then of the batteries? Is disposing of them after their useful life is over going to create a landfill nightmare scenario?We look at some of the top questions Canadians have about EVs, and provide some responses.This is a big watercooler conversation in Canada. The concern is that all those EVs coming online in the next decade or so will be too much for provincial power grids to bear.

14.02 / 17:17

UPS Aware Action information reports Investigations Paytm parent confirms ED action

Mint reported that the ED has initiated a probe into suspected breaches at Paytm Payments Bank following a referral from the Reserve Bank of India (RBI). The Enforcement Directorate is currently verifying the information it has received from RBI. "The next step will depend on the outcome of this verification," said a person aware of the developments.

14.02 / 17:16

markets UPS Trade President show Wild Wednesday sees bulls turn tables on bears in last hour

₹154.05, 5% lower than its previous close of ₹162.15, but rec-overed in the last half hour of trade to close up 5% at ₹170.25. The rise from the lower circuit happened as bulls turned the tables on bears in the last hour of trade. The Nifty, which opened down three-quarters of a per cent at 21,578.15, fell to a low of ₹21,530.2, and remained in the red until 2:30 pm—market runs from 9:15 am-3:30 pm—recovered and closed higher by two-fifths of a per cent at 21,840.05.

14.02 / 17:16

UPS Waters security gatherings Traffic peace Farmers' meeting with Centre on Thursday amid chaos at Delhi borders: 10 points

farmers' protest around the national capital borders, Punjab Kisan Mazdoor Sangharsh Committee General Secretary Sarwan Singh Pandher said their meeting with the Centre will be held tomorrow, February 15, at 5 pm. Sarwan Singh Pandher said the farmers want to resolve all the issues peacefully. The meeting comes after two days of chaos that erupted at the Delhi borders as the security forces lobbed tear-gas shells, water cannons and erected barricades to disperse tens of thousands and restrict their entry into the national capital.

14.02 / 16:45

markets UPS Action security NVIDIA Trade show Ahead of Market: 10 things that will decide D-Street action on Thursday

The NSE Nifty 50 index rose 0.45% to 21,840, while the S&P BSE Sensex settled 0.39% higher at 71,833. Both the blue-chip indices had lost about 1% earlier in the session.

14.02 / 16:45

UPS Provident Booking wellness students prevention Features 10 study tables to match the aesthetics of your room

Investing in a sturdy table that provides enough space to keep a laptop, notebooks, stationery, and other essential items is the need of the hour. Study tables not only help to correct posture while working but also add to the aesthetics of your study room. Here’s a list of 10 modern, spacious, and sturdy study tables for you. List of 10 study tables to match the aesthetics of your room

14.02 / 16:45

UPS Entertainment Netflix film Synopsys testing ‘Suits’ spinoff ‘Suits: LA’ to be led by Stephen Amell

Stephen Amell is gearing up for a new role in NBC's latest venture, "Suits: LA." Set to lead the spinoff, he'll portray Ted Black, described as «a charismatic force of nature who puts his own needs above others.» The original «Suits,» a creation of UCP, had a successful run on the USA Network from 2011 to 2019, spanning nine seasons. Recently, it regained popularity when it started streaming on Netflix in 2023, dominating their charts for several weeks. With over 45 billion minutes streamed on both Netflix and Peacock combined, its legacy remains strong.

14.02 / 16:41

COST UPS pandemic show Mortgage demand tumbles as interest rates rise to highest level since December

Realtor.com chief economist Danielle Hale breaks down housing affordability on 'Maria Bartiromo's Wall Street.'

14.02 / 16:35

markets UPS Reuters trends show country Canada’s housing market is ‘starting to turn a corner.’ Are prices rising?

Canada’s housing market is “starting to turn a corner,” the country’s national real estate association says.

14.02 / 16:33

COST UPS Manufacturing economy Food Trade Sporting Deflation: Here's where prices fell in January 2024, in one chart

Inflation has pulled back significantly from its pandemic-era peak. In fact, some categories have fallen into outright deflation, meaning consumers are seeing their prices decline instead of rise.

14.02 / 15:27

markets UPS NVIDIA performer reports Nvidia outstrips Alphabet as third largest US company by market value

Nvidia overtook Google-parent Alphabet's stock market capitalisation to become the third biggest US company on Wednesday, days before the poster child of AI boom is due to report fourth-quarter results. Strong demand for the Silicon Valley company's chips used in artificial intelligence computing has powered the stock 231% in the past 12 months to record highs, taking its market value to $1.812 trillion.

14.02 / 15:22

markets UPS BLOCK show information reports stake BPCL ESPS Trust sells 0.3% stake in BPCL for around Rs 400 crore; several FPIs pick shares

BPCL ESPS Trust on Wednesday sold a 0.3% stake in Bharat Petroleum Corporation through the open market for around Rs 400 crore. The trust sold 68,36,948 shares at Rs 584 apiece, block deals data showed. Shares of the state-owned oil refiner ended 7.3% higher on the National Stock Exchange at Rs 626.95.

14.02 / 15:13

COST UPS Bill CIBC show Posthaste: Canadians putting off saving for retirement, but still plan to stop working at 60

Canadians appear to be focusing less on saving for retirement and more on trying to make ends meet, though most still want to retire early.

14.02 / 15:13

markets UPS Provident Target shock Bank of Canada to halt quantitative tightening program within months, RBC says

The Bank of Canada is likely to wrap up its quantitative tightening program as early as April, sooner than policymakers had previously indicated, according to RBC Capital Markets strategists.

14.02 / 15:13

markets UPS CEO awards community Bill Terence Corcoran: Who most deserves the award for economic ignoramus — Trudeau or Eby?

In response to BCE’s investment cutbacks and layoffs designed to help the corporation remain profitable and continue to pay dividends to shareholders and pensioners in a competitive market environment, two of Canada’s political leaders hacked their way through demagogic rants against corporations, BCE in particular, and the foundations of the nation’s economic system.

14.02 / 14:41

markets COST UPS economy Food Moodys High inflation is still squeezing Americans' budgets

A 'Mornings with Maria' panel discusses the U.S. economy and markets after the January year-over-year CPI comes in at 3.1%.

14.02 / 14:39

markets UPS Provident security Patrick show CPI print wiped up last of recent gains for global bonds

US inflation data has erased the last remnants of a global bond rally that started in December with the hope that the Federal Reserve had finally pivoted to favor interest-rate cuts.

14.02 / 14:35

markets UPS Target Extreme Tesla NVIDIA 2020 Are We in the Midst of an AI Bubble? Divergences and Technical Warnings to Watch

While the bulls remain entirely in control of the market narrative, divergences, and other technical warnings suggest becoming more cautious may be prudent.

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