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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.
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Jan 15, 2024
  Former Citibank Analyst's Unfair Dismissal Claim Rejected   Employee Lied About Food Expenses  A former Citibank analyst, Szabolcs Fekete, has lost his claim of unfair dismissal after a tribunal discovered he had lied about buying food for his partner and charging it to his employer.   Fekete, who was a senior analyst, claimed he had been both wrongfully and unfairly dismissed by Citibank....
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...
Adobe’s CFO is helping steer the company’s path into generative AI
Adobe’s CFO is helping steer the company’s path into generative AI
Jan 15, 2024
  Generative AI: Adobe's Finance Organization Embraces Innovation   Introduction  Adobe, a leading software company, is charging full steam ahead towards a future powered by generative AI products, with finance playing a pivotal role in this transformative journey. Dan Durn, CFO and EVP of finance, technology services, and operations at Adobe, emphasizes the significance of the finance organization's involvement in strategic discussions, understanding...
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Coherent Insider Sold Shares Worth $265,483, According to a Recent SEC Filing
Coherent Insider Sold Shares Worth $265,483, According to a Recent SEC Filing
Apr 16, 2024
07:34 AM EDT, 04/16/2024 (MT Newswires) -- Vincent D Mattera Jr, Director, Chief Executive Officer, on April 15, 2024, sold 5,000 shares in Coherent (COHR) for $265,483. Following the Form 4 filing with the SEC, Mattera has control over a total of 669,684 shares of the company, with 669,684 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/820318/000156218024003412/xslF345X03/primarydocument.xml ...
Bank of America Q1 Earnings, Revenue  Decline
Bank of America Q1 Earnings, Revenue Decline
Apr 16, 2024
07:28 AM EDT, 04/16/2024 (MT Newswires) -- Bank of America ( BAC ) reported Q1 earnings Tuesday of $0.76 per diluted share, down from $0.94 a year earlier. Analysts polled by Capital IQ expected $0.77. Adjusted Q1 earnings were $0.83 per share, compared with a Capital IQ consensus of $0.77. Revenue for the quarter ended March 31, expressed as the...
EnQuest selling stake in North Sea Golden Eagle oilfield, sources say
EnQuest selling stake in North Sea Golden Eagle oilfield, sources say
Apr 16, 2024
LONDON, April 16 (Reuters) - Britain's EnQuest ( ENQUF ) is looking to sell its 27% stake in the Golden Eagle oilfield in the British North Sea as it seeks to reduce debt levels, two sources told Reuters on Tuesday. It was unclear how much the sale of the non-operated stake would raise. The process is being run by investment...
RBC's Takeaways From Gildan Activewear's Investor Update Call; Shares Up 2.5% In US Premarket
RBC's Takeaways From Gildan Activewear's Investor Update Call; Shares Up 2.5% In US Premarket
Apr 16, 2024
07:33 AM EDT, 04/16/2024 (MT Newswires) -- RBC noted Gildan Activewear ( GIL ) held an Investor Update call coinciding with President & CEO Vince Tyra's first 90 days at the company. RBC's Tom Callaghan notes there were no material shifts. Instead, he notes, Gildan will continue to build upon the previously detailed Gildan Sustainable Growth (GSG) strategy. There was...
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