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PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
Nov 29, 2023
The growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be paused for the Indian entity after a Reserve Bank of India (RBI) order.
Trade Setup for November 30: Nifty set for best month of 2023 as record high in sight
Trade Setup for November 30: Nifty set for best month of 2023 as record high in sight
Nov 29, 2023
November has turned out to be the best month of the year so far for the Nifty, with the index gaining 5.5% so far ahead of Thursday's monthly F&O expiry.
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
Jan 15, 2024
  California's New Law: Turning Parking Lots into Affordable Housing   Introduction  In an effort to combat the ongoing homeless crisis, California has enacted a new law that allows religious institutions and nonprofit colleges to convert their parking lots and other properties into low-income housing.   The Law's Provisions  The law, signed by Governor Gavin Newsom, rezones land owned by religious institutions and nonprofit colleges...
Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Nov 29, 2023
Six persons, including a 47-year-old woman, were injured in the incident. All of them were admitted to the nearby Shatabdi Hospital. They are being treated at the Out-patient Department (OPD) of the hospital and their condition is stable.
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Factbox-Qualcomm's potential bid for Intel turns the spotlight on their products
Factbox-Qualcomm's potential bid for Intel turns the spotlight on their products
Sep 24, 2024
(Reuters) - Qualcomm ( QCOM ) has approached the once-dominant chipmaker Intel ( INTC ) for a potential buyout, turning the spotlight on the portfolio of products these chip companies have to offer. A deal would unite Qualcomm's ( QCOM ) mobile-focused Snapdragon line with Intel's ( INTC ) dominant PC and server chip divisions, creating a semiconductor powerhouse. Here...
FrontView REIT aims to raise up to $277 mln in US IPO
FrontView REIT aims to raise up to $277 mln in US IPO
Sep 24, 2024
Sept 24 (Reuters) - FrontView REIT, which invests in properties in prominent locations facing high-traffic roads, aims to raise as much as $277.2 million in its initial public offering in the United States, the real estate investment trust said on Tuesday. The Dallas, Texas-based company - which had a portfolio of 278 properties across the United States with a 98.9%...
Key Takeaways From Okta Analyst Ratings
Key Takeaways From Okta Analyst Ratings
Sep 24, 2024
Across the recent three months, 22 analysts have shared their insights on Okta ( OKTA ) , expressing a variety of opinions spanning from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish...
US finalizes $123 million chips award for Polar Semiconductor
US finalizes $123 million chips award for Polar Semiconductor
Sep 24, 2024
WASHINGTON (Reuters) - The U.S. Commerce Department said on Tuesday it had finalized a $123 million grant for Polar Semiconductor to expand its plant in Minnesota, which would allow the company to nearly double its U.S. production capacity of power and sensor chips. The award, part of the Biden administration's $52.7 billion semiconductor manufacturing and research subsidy program, is the...
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Crane Harbor Acquisition Corp. Shareholders Approve Business Combination with Xanadu Quantum Technologies Inc.
Crane Harbor Acquisition Corp. Shareholders Approve Business Combination with Xanadu Quantum Technologies Inc.
Mar 19, 2026
• Xanadu to Become the First Publicly Listed Photonic Quantum Technology Company • Expected to Begin Trading on the Nasdaq and TSX on March 27, 2026  Under Ticker XNDU • Gross Proceeds of Approximately USD$302 Million, In Addition to Previously Announced Negotiations with the Government of Canada and Ontario for an Up to CAD$390 Million Investment, Sets Company Up to...
FedEx raises full-year forecast after solid holiday quarter
FedEx raises full-year forecast after solid holiday quarter
Mar 19, 2026
March 19 (Reuters) - FedEx ( FDX ), known for its air-dependent overnight deliveries, on Thursday raised its full-year profit forecast as it reported a rise in third-quarter profit and revenue, helped by a surge in deliveries during the all-important holiday quarter. The company now expects adjusted profit for its fiscal year ending May 31 to be between $19.30 and...
FedEx Reports Strong Third Quarter Results
FedEx Reports Strong Third Quarter Results
Mar 19, 2026
Raises Full-year Fiscal 2026 Earnings Outlook On Track to Spin Off FedEx Freight on June 1, 2026 MEMPHIS, Tenn.--(BUSINESS WIRE)-- FedEx Corp. ( FDX ) today reported the following consolidated results for the third quarter ended February 28 (adjusted measures exclude the items listed below):   Fiscal 2026   Fiscal 2025   As Reported (GAAP)   Adjusted (non-GAAP)  ...
FedEx raises full-year forecast after solid holiday quarter
FedEx raises full-year forecast after solid holiday quarter
Mar 19, 2026
March 19 (Reuters) - FedEx ( FDX ), known for its air-dependent overnight deliveries, on Thursday raised its full-year profit forecast as it reported a rise in third-quarter profit and revenue, helped by a surge in deliveries during the all-important holiday quarter. The company now expects adjusted profit for its fiscal year ending May 31 to be between $19.30 and...
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