20, Apr, 2019
HSBC retains buy on Reliance Industries, expects strong growth in grocery business

Business

Global brokerage house HSBC has retained buy call on Reliance Industries, the oil-retail-to-telecom major, with a price target of Rs 1,500 per share, implying 12 percent potential upside from current levels. The stock has been one of the biggest gainers in last one year among largecaps, rising 46 percent while in […]

Telecom operators need to support the rollout of public wi-fi hotspots to gain an edge in technology space, Niti Ayog Special Secretary Yaduvendra Mathur said Friday. “TSPs (telecom service providers) …also need to support this move (roll out of public wifi). If you do not allow for hotspot roll out […]

Young man working out and swimming laps There is a common myth that those who achieve success or accomplish something extraordinary in this world are born with rare qualities that set them apart from the rest of us. But the idea that success requires that “special something” is what prevents […]

Amazon beat on earnings and revenues—here’s what three experts are saying about the stock now   7 Hours Ago | 02:39 Amazon’s fourth-quarter results beat estimates, but weak guidance and general concerns about slowing growth and heavier investments in 2019 dragged the stock down in after hours trading. Here are the […]

Recipe cards from a Blue Apron Holdings Inc. meal-kit delivery are arranged for a photograph in Tiskilwa, Illinois, U.S., on Wednesday, June 14, 2017. Meal-kit companies originally built their businesses using subscription models and deep discounts that didn’t result in long-term customer loyalty. But to create a sustainable, profitable business, […]

Check out the companies making headlines midday Wednesday: Facebook — Facebook shares surged after the social media giant posted quarterly earnings that easily beat expectations. The company’s quarterly revenue also topped estimates. Average revenue per user, a key metric for Facebook, came in at $7.37, above an estimate of $7.11. […]

Luke Sharrett | Bloomberg | Getty Images Altria’s Marlboro brand cigarettes are displayed for sale at a liquor store in Nashville, Tennessee. Marlboro-maker Altria on Thursday reported fourth-quarter financial results that matched analyst expectations and gave investors more insight on its new e-cigarette and marijuana investments as its core cigarette […]

Job seekers wait in line to speak with company representatives during a Choice Career Fair event in Seattle. The number of Americans filing applications for unemployment benefits surged to near a 1-1/2-year high last week, which could raise concerns that the labor market is slowing. Initial claims for state unemployment […]

Oil and gas business activity in Texas and neighboring states plunged in the fourth quarter, according to the Dallas Federal Reserve. The survey from the Fed’s 11th District also showed company sentiment turned negative for the first time in nearly two years and executives don’t expect much of an oil […]

Women wearing sunglasses work at a production line manufacturing electric machine parts at a factory in Luan, China November 17, 2018. China said on Thursday its manufacturing activity contracted for the second-straight month in January — another sign that the world’s second-largest economy is slowing down amid domestic headwinds and […]

View our interactive dashboard analysis on Qualcomm’s Qualcomm’s expected performance over 2019 to see our forecasts and valuation estimate. Qualcomm Mobile Station Modem Business In Focus While Qualcomm shipped 232 million chips over Q4 FY’18, marking a 5% year-over-year increase, it provided a tough outlook for Q1 FY’19, with chipset […]

View our interactive dashboard analysis which outlines our expectations for AT&T over 2018. Time Warner Business Updates AT&T closed its acquisition of Time Warner in June 2018. While the integration process is ongoing, the unit has been seeing year-over-year growth (revenue up ~6% over Q3’18), driven by higher subscription revenues […]