Economy 48
TSX inches higher

Canada's main stock index resumed its upward trend in late morning trading despite decreases in the key energy and materials sectors.

14 Feb 08:34 Castanet 616068602777448231.html
Burberry Group (LON:BRBY) PT Lowered to GBX 2,600 at Credit Suisse Group

Burberry Group (LON:BRBY) had its target price reduced by Credit Suisse Group from GBX 2,650 ($34.86) to GBX 2,600 ($34.20) in a report issued on Monday morning, Stock Target Advisor reports. They currently have an outperform rating on the stock. A number of other equities research analysts also recently weighed in on the stock. Deutsche […]

14 Feb 08:52 Markets Daily 6922190227655138059.html
NVIDIA Financial Results Fourth Quarter and Fiscal 2020 - Positive Forecasts Despite Coronavirus

NVIDIA today reported revenue for the fourth quarter ended Jan. 26, 2020, of $3.11 billion, up 41 percent from $2.21 billion a year earlier, and up 3 percent from $3.01 billion in the previous quarter...

14 Feb 08:19 Guru3D.com 7287651563752190291.html
Adani Enterprises hits 52-week high after it signs agreement with AAI

The stock rallied for the ninth straight day, up 17 per cent, against 3 per cent rise in the S&P BSE Sensex during the period.

14 Feb 09:06 Business-Standard 1502508925920302187.html
S&P affirms India's rating at 'BBB-' with stable outlook

Fiscal deficits have exceeded the government's plan, S&P said, adding it expects limited consolidation over the next few years.

14 Feb 09:54 Deccan Herald 2027555796089062883.html
Sensex rises over 200 pts; Nifty above 12,200

According to traders, domestic equities advanced tracking significant foreign fund inflow ahead of the release of wholesale inflation data.

14 Feb 09:43 Deccan Herald 2027555796079090676.html
The numbers that could reward the RBA's optimism

Upbeat company profit results, better readings from consumers and another record sharemarket high are backing the Reserve Bank's optimistic view on the economy.

14 Feb 09:00 Australian Financial Review 3974284486475845328.html
TSMC becomes first Taiwan individual stock added to Global Islamic Indexes

Taiwan’s semiconductor manufacturing giant expects more business opportunities from Middle East

14 Feb 09:33 Taiwan News 4737573344477716923.html
Reuters: Oil prices stabilize, set for weekly gain on hopes for supply cut

The Organization of the Petroleum Exporting Countries and its allied producers are considering cutting output by up to 2.3 million barrels per day.

14 Feb 09:00 UNIAN 6863008971797854507.html
Government willing to do more beyond Budget to boost growth, says FM Sitharaman

Sitharaman said the finance ministry will provide details of the scheme soon

14 Feb 10:12 Business Today 1145527432036099673.html
Govt willing to do more beyond Budget to boost growth: FM Sitharaman

The country's GDP growth is estimated to slow to an 11-year low of 5 per cent in the current financial year

14 Feb 10:01 Business-Standard 1502508925462723371.html
Eurozone Prelim GDP arrives at 0.1% QoQ in Q4 vs. 0.1% expected

After Germany flirted with a recession in the final quarter of 2019, the Eurozone economy steadied in the fourth quarter, the latest figures released

14 Feb 10:02 FXStreet 4480975638458622636.html
Netherlands: GDP grew 0.4% in all quarters of 2019 – ABN Amro

Gross domestic product (GDP) increased in the fourth quarter in the same numbers as did in the previous quarters of 2019. Senior economist at ABN Amro

14 Feb 10:45 FXStreet 4480975638564582273.html
Bill.com: Material Deceleration On The Horizon

Bill.com reported its fiscal Q2 2020 results last week, beating top line estimates and reporting 50% year-over-year revenue growth.Despite an incredible report, revenue growth rates are expected to sl

14 Feb 10:17 Seeking Alpha 5725634557221970042.html
SpiceJet shares climb nearly 6% after Q3 results

In the 2018 December quarter, the carrier recorded a profit of Rs 55 crore.

14 Feb 11:42 The Economic Times 7653256037928959994.html
Not approached by any telco to finance AGR dues, says SBI chairman

The payments to be made by the companies include Rs 53,000 crore by Vodafone Idea, Rs 35,500 crore by Bharti Airtel and Rs 14,000 crore by the now defunct Tata Teleservices

14 Feb 12:20 Business-Standard 1502508924698626180.html
Sun TV Q3 PBT drops by 8.12% at Rs 498.46 crore; revenue grows marginally

The subscription revenues for the quarter was up by 18 per cent to Rs 411.85 crore from Rs 349.60 crore for the corresponding quarter ended December 31, 2018

14 Feb 12:42 Business-Standard 1502508925460029884.html
TRB Ventures targets over RM8bil in property deals this year

KUALA LUMPUR: TRB Ventures Sdn Bhd is targeting over 50 per cent increase in new property sales to 21,000 units worth over RM8 billion this year via its property marketplace platform, MHub.

14 Feb 12:40 NST Online 3702929170823346949.html
Flat oil price offsets weaker Rand in projected March fuel price drop

Rand’s weakening against the US Dollar, as well as the mentioned flatter oil price, points to a decrease of between 14 and 25 cents a litre for petrol.

14 Feb 12:38 The Citizen 410802301651607339.html
BPCL standalone profit zooms to ₹1,261 crore in Q3

State-owned Bharat Petroleum Corporation Ltd (BPCL) reported a standalone net profit of ₹1,260.63 crore in the October to December of FY20 from ₹495.14 crore a year ago mainly on the back of a margina

14 Feb 12:11 BusinessLine 5283602020702748.html
German economy flatlines as eurozone growth hits seven-year low

Germany's economy is stagnating as a slowdown in spending and exports wiped out growth in the fourth quarter of 2019 with GDP unchanged.

14 Feb 12:25 City A.M. 6389894490771272615.html
Indian banks' loans rise over 7% in two weeks to Jan 31: RBI

Outstanding loans rose ₹98926 crore ($13.86 billion) to ₹101.03 trillion in the fortnight to Jan. 31.Non-food credit rose ₹1.02 trillion to ₹100.24 trillion, while food credit fell ₹3,202 crore to ₹78,899 crore

14 Feb 12:35 Livemint 6614605817838273998.html
VN-Index dips, ending three-session gaining streak - VnExpress International

Vietnam’s benchmark stock market index slipped 0.08 percent to 937.45 points Friday, ending a three-session gaining streak.

14 Feb 12:30 VnExpress International – Latest news, business, travel and analysis from Vietnam 7631321454451935770.html
F&O: Options signal Nifty range in 12,000-12,300 zone

India VIX moved up by 1.83 per cent to 13.61.

14 Feb 12:29 The Economic Times 7653256036785660241.html
More risk capital and a strong corporate governance code, key to India's GDP growth: Uday Kotak

Indias aspirational growth of 6-7% depends on risk capital and strong corporate governance code, Kotak said.

14 Feb 12:26 The Economic Times 7653256037107730030.html
Banks' loans rise over 7% in two weeks to January 31: RBI report

Non-food credit rose Rs 1.02 trillion to Rs 100.24 trillion

14 Feb 13:27 Business-Standard 1502508926141700824.html
Proposed EU 2021-2027 budget at 1.074% of EU GNI, or 1.095 trillion euros

Chairman of EU leaders proposed the next EU 2021-2027 budget at 1.074% of the EU's gross national income (GNI), or 1.095 trillion euros, Reuters repor

14 Feb 13:47 FXStreet 4480975639377523207.html
I-T Dept notifies forms for companies to avail lower corporate taxes

CBDT has notified Forms 10-IC and 10-ID for existing companies that want to avail lower I-T rate and new manufacturing firms, respectively

14 Feb 14:22 Business Today 1145527431027004573.html
ONGC Q3 net halves on fall in oil, gas prices, output

State-owned Oil and Natural Gas Corp (ONGC) on Friday reported halving of its December quarter net profit after it faced the double whammy of falling oil and gas prices and a drop in production. Standalone net profit in October-December at Rs 4,152

14 Feb 14:16 Business-Standard 1502508925115469442.html
FG transfers oil assets, OML 98, from PanOcean to NPDC

The Federal Government, yesterday, transferred ownership of Oil Mining Lease, OML, 98 to the Nigerian Petroleum Development Company, NPDC,

14 Feb 14:29 Vanguard News 4125100338833163945.html
FG transfers oil assets, OML 98, from PanOcean to NPDC

The Federal Government, Friday, transferred ownership of Oil Mining Lease, OML, 98 to the Nigerian Petroleum Development Company, NPDC

14 Feb 14:46 Vanguard News 4125100339152914456.html
ONGC net profit falls 50% to ₹4,152 crore in Q3

ONGC has reported a ₹4,151.63 crore standalone net profit for the third quarter of financial year 2019-2020. This is 49.75 per cent lower than the ₹8,262.7 crore profit reported in the comparable quar

14 Feb 14:05 BusinessLine 5283601985109663.html
ONGC's Dec-quarter PBT halves to Rs 5,998 cr on fall in oil, gas prices

Standalone net profit in the period at Rs 4,152 crore was 49.8 per cent lower than Rs 8,263 crore net profit in the same period of the previous fiscal year

14 Feb 15:48 Business-Standard 1502508925700425584.html
Fortis Q3 net loss narrows to Rs 69.32 cr on good show in hospital business

The third quarter of 2019-20 continues to witness earnings growth with margin expansion in the hospitals business

14 Feb 15:48 Business-Standard 1502508926069287481.html
USD/CHF Price Analysis: Greenback off fresh 2020 highs, trades above 0.9800 figure

USD/CHF is easing after hitting new 2020 highs this Friday. The quote is trading below the 100/200-day simple moving averages suggesting an overall bearish bia

14 Feb 15:01 FXStreet 4480975639761051074.html
Dr M to announce economic stimulus package on Feb 27

KUALA LUMPUR: Prime Minister Tun Dr Mahathir Mohamad will announce an economic stimulus package on Feb 27 to mitigate the adverse external economic impacts brought about by the Covid-19 outbreak.

14 Feb 16:45 NST Online 3702929171417151201.html
Enbridge raises bets on U.S. Gulf Coast LNG, reports higher Q4 earnings

Calgary-based Enbridge Inc. is raising its bets on the growing liquefied natural gas export sector on the U.S. Gulf Coast by buying the pipeline that would supply the proposed Rio Grande LNG export facility.

14 Feb 16:54 KitchenerToday.com 52741009552988894.html
Dip In TrustCo Bank's Price Provides Opportunity

Earnings are expected to be unchanged in 2020 due to flat growth in net-interest income. Further, increase in non-interest income is likely to be countered by provisions charge.Quarterly dividend is e

14 Feb 16:21 Seeking Alpha 5725634556423656822.html
Research Solutions, Inc. (RSSS) CEO Peter Derycz on Q2 2020 Results - Earnings Call Transcript

Research Solutions, Inc. (OTCQB:RSSS) Q2 2020 Earnings Conference Call February 13, 2020 5:00 PM ET Company Participants Peter Derycz - Chief Executive Officer & President Alan Urban - Chief Finan

14 Feb 16:49 Seeking Alpha 5725634557656327817.html
German economy stagnates as eurozone growth reaches 7-year low

Germany, Europe’s largest economy, has recorded a zero growth between October and December, as manufacturing remained in a slump and exports fell.

14 Feb 16:13 euronews 7318238121779500300.html
RCom Q3 consolidated loss widens to Rs 10,598 cr, income slips to Rs 263 cr

The company had posted a loss of Rs 238 crore in the same period a year ago

14 Feb 17:18 Business-Standard 1502508925855679719.html
Salaries and wages commission develops five-year strategic plan

Ifeanyi Onuba, Abuja The National Salaries Incomes and Wages Commission has developed a five-year strategic plan to enable it achieve its mandate. The Acting Chairman of the Commission, Ekpo ...

14 Feb 17:43 Punch Newspapers 3524240994218615713.html
IMF's Georgieva: Coronavirus is big uncertainty today for world economy

The coronavirus outbreak is a big uncertainty for the world economy, International Monetary Fund's (IMF) Managing Director Kristalina Georgieva said o

14 Feb 17:05 FXStreet 4480975639556668552.html
US Dollar Index Price Analysis: DXY grinds to fresh 2020 highs, challenges 99.20 resistance

The US dollar index (DXY) is trading near its highest since October while trading well above its main daily simple moving averages (SMAs). DXY is spiking to t

14 Feb 17:34 FXStreet 4480975639916595301.html
ImmunoGen, Inc. (IMGN) CEO Mark Enyedy on Q4 2019 Results - Earnings Call Transcript

ImmunoGen, Inc. (NASDAQ:IMGN) Q4 2019 Results Earnings Conference Call February 14, 2020, 08:00 AM ET Company Participants Courtney O’Konek - Senior Director of Corporate Communications & IR Mark

14 Feb 17:39 Seeking Alpha 5725634556161293387.html
Triton International Limited's (TRTN) CEO Brian Sondey on Q4 2019 Results - Earnings Call Transcript

Triton International Limited (NYSE:TRTN) Q4 2019 Results Earnings Conference Call February 14, 2020, 08:30 AM ET Company Participants John Burns - Chief Financial Officer Brian Sondey - Chairman and C

14 Feb 17:02 Seeking Alpha 5725634556489905998.html
Canopy Growth: Only Faint Positives

Canopy Growth beat consensus estimates for FQ3.The Canadian cannabis company still had a massive free cash flow loss of C$360 million.The stock has a fully diluted market cap of $8.4 billion and FY21

14 Feb 17:39 Seeking Alpha 5725634557309879614.html
Pound-to-Dollar Rate Retreats from Greenback but Charts Point Higher

The British Pound vs the US Dollar: GBP/USD News and Conversion Level for Pounds to Dollars

14 Feb 17:27 The Pound Sterling Live 6614579508636088999.html