Posts in category Economic Times
Ambuja Cements Q4 Results: Profit doubles to to Rs 1,526 crore on volume growth, cost optimization (01-05-2024)
Ambuja Cements’ consolidated net profit for the March quarter nearly doubled on year to Rs 1,526 crore aided by a robust volume growth and cost reduction.
Ahead of Market: 10 things that will decide D-Street action on Thursday (01-05-2024)
Nifty ended about 39 points lower on Tuesday to form a Shooting Star pattern on the daily chart to indicate strong possibility of further weakness from current levels.
Adani Power Q4 Results: Net profit slides 48% YoY to Rs 2,737 crore on increased expenses (01-05-2024)
Adani Power Q4 Results: Its net profit was Rs 5,242.48 crore in the January-March period of the preceding 2022-23, the company said in an exchange filing.
Indus Towers confident of cash flow boost in FY25 (01-05-2024)
Indus Towers expects cash flows to improve in FY25 as it’s confident of quickly recovering its backlog of past dues from key customer, Vodafone Idea (Vi), especially as the latter has recently raised Rs 18,000 crore via the follow-on public offer (FPO) route.
Dollar near five-month high ahead of Fed policy decision (01-05-2024)
The dollar edged towards its highest level this year against a basket of peers and U.S. share futures dipped on Wednesday ahead of a Federal Reserve policy decision, though trading was thin with many European and Asian markets closed.
Starbucks shares hit two-year low as China, US demand clouds outlook (01-05-2024)
Shares of Starbucks fell 15% to their lowest in nearly two years on Wednesday, after the coffee chain cut annual forecasts on persistent weak demand from inflation-weary U.S. customers and a slower-than-expected economic recovery in China.
Oil falls for a third day on Middle East ceasefire hopes (01-05-2024)
Oil fell more than 1% on Wednesday, losing ground for a third straight session, sapped by the prospect of a ceasefire agreement in the Middle East and persistent U.S. inflation dampening the expected pace of interest rate cuts.
Pfizer Q1 Results: Co lifts profit view on cost cuts, smaller drop in Paxlovid (01-05-2024)
Pfizer lifted its annual earnings forecast on Wednesday and reported a first-quarter profit above Wall Street estimates, boosted by cost cutting efforts and stronger-than-expected sales of its COVID antiviral treatment.
Yum Brands Q1 Results: KFC parent reports drop in global same-store sales on weak demand (01-05-2024)
Yum Brands reported a fall in quarterly global same-store sales on Wednesday, hurt by choppy demand for its KFC and Pizza Hut brands from inflation-weary consumers in the United States as well as in overseas markets.
Garmin’s Q1 Results: Company beats St estimates on strong demand for fitness, auto products (01-05-2024)
Garmin topped Wall Street estimates for first-quarter results on Wednesday as the Swiss navigation device maker benefited from new launches and strong demand for its products in fitness and auto segments, sending its shares up 9.6%.