Global brokerage house Credit Suisse turned bearish on LIC Housing Finance, which fell more than 5 percent intraday on February 18. The stock has corrected more than 22 percent in the last month. It was quoting at Rs 362.60, down Rs 17.25, or 4.54 percent, on the BSE at 1022 hours, while IDBI Bank was down over 2 percent. The research ... Read More »
Small- and medium-sized businesses (SMBs) too want to cash in on the festival month, where India spends on clothes, food, and various consumer products. But for these SMBs, stocking up to meet the increased demand requires working capital. However, given the effects of economic slowdown reaching even small businesses, finding the funds to stock up is a challenge. This is ... Read More »
Looks like the REVVL T1 isn’t the only smartphone T-Mobile is currently working on. A new leak reveals the magenta carrier is also working on another phone, dubbed Alchemy. The leaked image for the device shows a textured back, dual rear-camera setup, rear-mounted fingerprint sensor, as well as speaker and carrier logo towards the bottom on the back. Other known details for ... Read More »
Morgan Stanley shared its favorite internet stock picks for the rest of the year. “We continue to focus on revisions and areas where the market’s ‘narrative’ can change,” internet analyst Brian Nowak wrote in a report to clients Sunday entitled “Who will outperform from here through the year of investment?” Here are four companies that Morgan Stanley recommended and their ... Read More »
STAMFORD — Taxpayers who wonder how their money is spent would be interested in a discussion among officials crafting the next city budget. It was about Indians vs. (bureau) chiefs, good managers vs. bad. Board of Finance members last week were asked to consider a request from Office of Operations Director Ernie Orgera to fund a position – chief of ... Read More »
What happened Shares of NQ Mobile (NYSE:NQ) were up 10.7% as of 12:30 p.m. EDT after the Chinese internet services specialist announced it will divest its FL Mobile and Showself’s Live Social Video businesses. So what More specifically, NQ Mobile has entered into definitive agreements with Tongfang Investment Fund Series SPC, an affiliate of Tsinghua Tongfang, to sell its remaining ... Read More »
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