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

Growth?

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 […]

Wells Fargo will continue to operate under a Federal Reserve restriction on its growth through the end of this year, its CEO said on Tuesday, longer than previously estimated. Shares of the San Francisco bank fell nearly 3 percent on Tuesday. Earlier, Wells reported fourth quarter profit of $1.21 a […]

Confident we can offset biosimilar competition, Roche CEO says   23 Hours Ago | 02:32 Swiss health care giant Roche reported a 7 percent rise in 2018 sales on Tuesday, highlighting strong demand for its new range of medicines. Group sales climbed to 56.8 billion Swiss francs ($57.2 billion) with net […]

Not all was well in Toy Land in 2018. Sales in the industry fell 2 percent last year as toy manufacturers endured their first Christmas without Toys R Us in more than 60 years, according to a new report. In the U.S., customers spent $21.6 billion on toys last year, […]