Markets
ITC Q1 net profit up 7.37% to Rs 2560.50 crore
Expressing concern over the taxation on cigarettes, Puri said "It is a major cause for worry". Biocon had post-market hours on Thursday reported a 51.20 per cent decline in consolidated net profit at Rs 81.3 crore for the quarter ended June 30. [Full Article...]
Amazon misses Q2 earnings estimates but revenue climbs thanks to AWS
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A number of equities analysts have issued reports on AMZN shares. (NASDAQ: AMZN ) was sold by Blackburn Jeffrey M. Another trade for 1,512 shares valued at $1.27 million was sold by Olsavsky Brian T. delivered a nasty drop in profits, but at least one suggested investors may need to get used to the idea that the company is going back to its old ways. [Full Article...]
Can CenterPoint Energy, Inc. (NYSE:CNP) Go The Extra Mile?
The stock of Energy Transfer Partners LP (NYSE:ETP) is a huge mover today! The stock has been downbeat for quite some time as is down -20.69% for the last 20 trading days, and now the firm's performance is turning out to be bullish with a 2.39% gain for the week. [Full Article...]
IAG reports rise in profits
Non-fuel unit costs before exceptional items for the quarter were down 0. 3 per cent , or up 3.5 per cent at constant currency. "H2 unit revenue is seen higher YOY constant currency". "We are doing everything we can to make good the disruption that the customers experienced, but it was an isolated event and I think you've got to focus on the fact that BA's passenger numbers continue to increase", ... [Full Article...]
Notable Stock Analysts Ratings Chevron Corporation (CVX)
The company saw 5.79 million shares trade hands over the course of the day. Chevron Corporation's dividend payout ratio is presently 282.35%. It has underperformed by 10.02% the S&P500. 75,583 were accumulated by Css Ltd Il. The market capitalization for the company is reported at $19.43B. First Foundation Advsr has 15,780 shares for 0.12% of their portfolio. [Full Article...]
US economy grows 2.6% in Q2
The U.S. economy grew at an annual rate of 2.6 percent between April and June. The outcome for the second quarter and the downwardly-revised growth in the first quarter, put growth in the first half of 2017 at 1.9 percent, above the 1.5 percent recorded a year ago and close to the economy's long-term trend growth rate of two percent. [Full Article...]
American Air Shares Jump 3% After Profit Beat
BidaskClub upgraded shares of American Airlines Group from a "buy" rating to a "strong-buy" rating in a research note on Saturday, July 8th. The airline reported $1.92 EPS for the quarter, beating the consensus estimate of $1.83 by $0.09. [Full Article...]
Marathon Oil Corporation (MRO) has a Market value of 10.49 Billion
Chevy Chase has invested 0.12% in Marathon Petroleum Corp (NYSE:MPC). The stock rose 0.99% or $0.55 reaching $56.15 per share. About shares traded. Valhi, Inc. Commonwealth Of Pennsylvania Pub School Empls Retrmt stated it has 98,594 shares. The total number of shares percentage held by insiders is about 0.16% while the number of Shares % held by institutions is 83.1%. [Full Article...]