US stock market
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Aurionpro Transit partners with Google Wallet
Aurionpro Transit, a subsidiary of Aurionpro, has facilitated the integration of its app-based and ORS ticketing solution with Google Wallet.
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Small-cap MFs to take more time to liquidate
Nippon India MF, ICICI Prudential MF and HDFC MF has registered an increase in time taken to liquidate 50 per cent and 25 per cent of small-cap investment as their assets under management swell in April on the back of consistent inflows and rally in the market.
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Happiest Minds collaborates with Solvio to enhance salesforce capabilities
Happiest Minds Technologies Ltd has announced its partnership with Solvio, a salesforce consulting firm.
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NCC stock surges over 8% on strong Q4 results, brokerages bullish
NCC stock surged over 8 per cent on the NSE on Thursday after the company’s Q4 financial results.
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Sensex, Nifty decline 0.15%; Honeywell, Dixon Tech, Pricol, Titagarh Rail rally after Q4 results
BSE Sensex declined by 109.15 pts or 0.15 per cent at 72,877.88 as of 12.35 pm, and Nifty 50 dropped 32.95 pts or 0.15 per cent at 22,167.60.
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U.S. CPI rose 3.4% year-on-year in April Data shows #The probability of the Federal Reserve cutting interest rates in September is about 68%
Reprinted from: CCTV Finance On the 15th local time, data released by the U.S. Department of Labor showed that the U.S. Consumer Price Index (CPI) rose by 3.4% year-on-year and 0.3% month-on-month in April, in line with market expectations.
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U.S. retail sales remained flat in April, with growth significantly lower than expected
Data show that U.S. retail sales in April increased by 0% month-on-month, lower than market expectations of 0.4%. The previous value was revised from 0.7% to 0.6%.
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AMC announces it will issue 23 million shares, stock price drops sharply
On the evening of the 15th, Beijing time, AMC Cinemas fell sharply in U.S. stocks in early trading on Wednesday after the movie theater chain announced that it would issue more than 23 million shares in exchange for its 10%/12% cash/PIK Toggle second lien due in 2026. The aggregate principal amount of subordinated notes is US$163,850,000
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Zomato recovers 2% as bullish brokerages hike the target price
Shares of Zomato rose over 2 per cent on the NSE on Wednesday after it tanked two days post the company’s Q4 financial results, although analysts gave thumbs up to its performance. Analysts also expect its weightage in the MSCI EM Index likely to go up after today’s rejig by the global index major that will take effect from May 31.
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TBO Tek IPO: Listing today; strong gains expected
Shares of TBO Tek will be listed on the bourses today. The company has fixed the price at ₹920, the upper end of the price band ₹875-920.