Markets
Whitbread profits grow on back of Premier Inn growth
Chief executive Alison Brittain said: "Our plan is based on growing in our core United Kingdom markets; focusing on structural growth opportunities for Premier Inn in Germany, Costa in China and Costa Express; and strengthening our capabilities and efficiency to deliver these attractive opportunities". [Full Article...]
European Union raids Daimler and Volkswagen, further expands cartel inquiry
Leading carmakers including Porsche , Audi , BMW and Mercedes-Benz stand accused of holding illicit meetings since the 1990s to coordinate vehicle technology, cost, suppliers, markets and strategy. EUROPE'S watchdog has confirmed overnight that it had raided the head offices of "several German auto brands" as it launches an investigation into cartel-like practices affecting diesel-engined cars. [Full Article...]
Caterpillar Inc. (NYSE:CAT) Touching New 52-week High
During the same quarter in the prior year, the business posted $1.09 earnings per share. Cardinal Capital Management Llc sold 198,363 shares as the company's stock rose 52.48% with the market. If you are viewing this article on another site, it was illegally stolen and reposted in violation of U.S. & global copyright laws. Caterpillar (NYSE: CAT ) last announced its quarterly earnings data on ... [Full Article...]
HDFC Bank Q2 net grows 20% to Rs 41.51 bn
Other income rose 24.3 per cent YoY to Rs 3,605.90 crore. The country's second largest private sector lender reported a 22 per cent increase in net interest income year-on-year to Rs 9,752 crore, ahead of analysts' estimates. For the half year ended September, the bank's profit rose by 22.2 percent to Rs 8,045 crore as compared to Rs 6,694 crore in the same period of 2016-17 fiscal. [Full Article...]
Analyst's Ratings : Eli Lilly and Company (NYSE:LLY)
Hot Stocks Point (HSP) makes sure to keep the information up to date and correct, but we didn't suggest or recommend buying or selling of any financial instrument unless that information is subsequently confirmed on your own . If you are reading this report on another domain, it was illegally copied and reposted in violation of USA and global copyright and trademark law. Eli Lilly and Company ... [Full Article...]
HBC to sell Lord & Taylor flagship store; wins equity injection
Rhone Capital will also make an $632 million investment in HBC. The companies expect that the joint venture between Rhône and WeWork on the Fifth Avenue property will end up owning some of that stock. Lord & Taylor will keep the whole building with its usual operations through next year's holiday season. HBC said it expected minimal impact on its earnings from the sale because the store is "many ... [Full Article...]
Infosys records Q2 net at Rs 3726 crore
The stock closed 1.37 percent or 12.90 points lower at 926.75 on the BSE. The most recent being in a letter, dated August 9, where Murthy is said to have raised questions over Sikka's leadership. The company has declared an interim dividend of Rs 13 per share. That compared with the $2,748 million estimate by the Mumbai brokerage, which would meant a 3.6 percent quarter-on-quarter growth and a 6... [Full Article...]
San Francisco startup CEO charged with attempted murder, sexual abuse
Jaffer's profile on LinkedIn says he previously served as CEO for two other tech firms, Mediaroots and CyberPlanet. Jaffer's arrest was confirmed after he was present in the "inmate locator" database of San Mateo County Sherrif's office. San Francisco-based Vungle said recently that it had reached a $300 million run rate for annualized revenues from its performance-based in-app video ad platfor... [Full Article...]