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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.
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.
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...
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....
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Dow Jones alone rises and hits a fresh record high
Dow Jones alone rises and hits a fresh record high
Aug 15, 2025
Most US stock indexes fell during Fridays trading, but the Dow Jones rose alone to record its highest levels ever. Data released today showed that retail sales rose by 0.5% month-on-month in July in line with expectations, indicating strong US consumption despite high tariffs. Government data yesterday showed that the US producer price index rose by 0.9% month-on-month in July,...
Sector Update: Health Care
Sector Update: Health Care
Aug 15, 2025
03:15 PM EDT, 08/15/2025 (MT Newswires) -- Health care stocks climbed late Friday afternoon, with the NYSE Health Care Index rising 2% and the Health Care Select Sector SPDR Fund (XLV) adding 1.8%. The iShares Biotechnology ETF (IBB) advanced 0.8%. In corporate news, Kura Oncology ( KURA ) shares popped over 12% after a regulatory filing showed CEO Troy Wilson...
Sector Update: Tech
Sector Update: Tech
Aug 15, 2025
03:35 PM EDT, 08/15/2025 (MT Newswires) -- Tech stocks retreated late Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) declining 0.7% and the SPDR S&P Semiconductor ETF (XSD) falling 1.3%. The Philadelphia Semiconductor index dropped 2.2%. In sector news, President Donald Trump said Friday he will set tariffs on semiconductors in the next two weeks, and they could...
Sector Update: Energy
Sector Update: Energy
Aug 15, 2025
03:23 PM EDT, 08/15/2025 (MT Newswires) -- Energy stocks increased late Friday afternoon with the NYSE Energy Sector Index rising 0.2% and the Energy Select Sector SPDR Fund (XLE) adding 0.1%. The Philadelphia Oil Service Sector Index fell 0.8%, and the Dow Jones US Utilities Index dropped 0.5%. West Texas Intermediate crude oil declined 1.6% to $62.91 a barrel, and...
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What 4 Analyst Ratings Have To Say About Dolby Laboratories
What 4 Analyst Ratings Have To Say About Dolby Laboratories
Jun 7, 2024
Dolby Laboratories ( DLB ) has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 1...
Cannabis Tech Firm Launches New Payment Processing Platform For Canadian Weed Retailers
Cannabis Tech Firm Launches New Payment Processing Platform For Canadian Weed Retailers
Jun 7, 2024
BLAZE Solutions' Greenline is launching a new payment processing platform, BLAZEPAY. The point-of-sale (POS) and inventory control retail technology software company focused on Canadian cannabis retail announced that the idea behind the new platform is to remove the challenges and complexity of payment needs for cannabis retailers and help growing businesses scale with an easy-to-use and reliable payment processing platform....
A Closer Look at 8 Analyst Recommendations For Navitas Semiconductor
A Closer Look at 8 Analyst Recommendations For Navitas Semiconductor
Jun 7, 2024
Navitas Semiconductor ( NVTS ) underwent analysis by 8 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 6 1 1...
Jim Cramer Is 'Worried' About Palo Alto Networks, Calls Monday.com 'Really Good'
Jim Cramer Is 'Worried' About Palo Alto Networks, Calls Monday.com 'Really Good'
Jun 7, 2024
On CNBC's “Mad Money Lightning Round,” Jim Cramer isn’t thrilled with Palo Alto Networks, Inc. ( PANW ) , seemingly reversing his stance from April. “Palo Alto's had three straight quarters where I'm worried,” Cramer said. “All I can tell you is that I’m concerned.” On May 20, Palo Alto posted better-than-expected earnings for its third quarter. The stock is...
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Exclusive-Country Garden lenders' group hires advisers for debt revamp talks, sources say
Exclusive-Country Garden lenders' group hires advisers for debt revamp talks, sources say
Mar 5, 2024
SYDNEY/HONG KONG (Reuters) - A group of lenders to China's Country Garden ( CTRYF ) has hired Allen & Overy and Deloitte as advisers, three sources with knowledge of the matter said, as creditors to the embattled developer gear up for possible debt restructuring talks. The hiring by the lenders' group comes as the Foshan-based developer, China's top private property...
Elbit Systems Sees $52 Million Charge in Q4 Due to Closure of Subsidiary
Elbit Systems Sees $52 Million Charge in Q4 Due to Closure of Subsidiary
Mar 5, 2024
04:32 AM EST, 03/05/2024 (MT Newswires) -- Elbit Systems ( ESLT ) said Tuesday it expects to book about $52 million in non-cash charges in Q4 2023 related to the closure of an underperforming subsidiary. The charges consist of approximately $34 million related to an uncollectible balance of contract assets, and about $18 million related to restructuring. The company plans...
Hamilton Lane Prices $210 Million Stock Offering
Hamilton Lane Prices $210 Million Stock Offering
Mar 5, 2024
04:10 AM EST, 03/05/2024 (MT Newswires) -- Hamilton Lane ( HLNE ) said late Monday it priced an underwritten public offering of 1.9 million shares of class A common stock by the company and a selling stockholder for gross proceeds of about $210 million. The company intends to use its portion of the net proceeds to settle exchanges of certain...
BP Bunge Bioenergia not looking to offload assets, CEO says
BP Bunge Bioenergia not looking to offload assets, CEO says
Mar 5, 2024
DUBAI, March 5 (Reuters) - BP Bunge Bioenergia, the second-largest sugarcane processor in Brazil, is not looking to offload assets, its CEO Geovane Consul said on Tuesday at a sugar conference in Dubai. We had in the past (interest in offloading assets). Today no more, he told reporters on the sidelines of the conference, adding the cash flow generated by...
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Ethereum Net Taker Volume on Binance Skyrockets to Historic Levels Amid ETF Rumors: Details
Ethereum Net Taker Volume on Binance Skyrockets to Historic Levels Amid ETF Rumors: Details
May 21, 2024
Binance is seeing a massive buyer demand for Ethereum, fueled by optimism surrounding the potential approval of a much-anticipated spot Ether ETF, prompting traders to aggressively accumulate the asset using market orders, even at higher prices. This was spotted by CryptoQuant after a massive spike in the Net Taker Volume for Ethereum on the popular exchange, which hit an all-time...
Galaxy Digital Exec: This Is How the SEC Could Classify ETH as Security
Galaxy Digital Exec: This Is How the SEC Could Classify ETH as Security
May 21, 2024
Alex Thorn, the Head of Research at Galaxy Research, speculated that the SEC could differentiate between Ethereum (ETH) and staked Ether, possibly classifying the latter as a security. He noted that this distinction could provide a regulatory loophole for approving spot Ethereum ETFs. Spot Ethereum ETF Approval Loophole In a May 21 post on X, he stated, If the speculation...
Peter Schiff Doing Peter Schiff Things: Explains How Ethereum ETFs Will Be Bad for Bitcoin
Peter Schiff Doing Peter Schiff Things: Explains How Ethereum ETFs Will Be Bad for Bitcoin
May 21, 2024
The popular gold bug continues with his barrage against bitcoin, but his latest warning came amid times of price resurgence as the cryptocurrency skyrocketed above $70,000. Schiff actually thinks that a lot of bad news will hit BTC if the US Securities and Exchange Commission indeed greenlights spot Ethereum ETFs. Schiff Goes After Bitcoin Again Spot ETFs became the main...
There Are Hidden Giants Investing In The Bitcoin ETFs: Bitwise
There Are Hidden Giants Investing In The Bitcoin ETFs: Bitwise
May 21, 2024
Bitwise executives have secret information about massive financial players who are investing in BTC – but they won’t specify which ones. During an interview published on Tuesday, Bitwise CEO Hunter Horsley discussed how institutional and regulatory acceptance of Bitcoin as an investable asset is evolving faster behind the scenes than most realize. The Secret Bitcoin Buyers For one, Horsley confirmed...
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