Business

Paramount Global on Wednesday reported third-quarter revenue that was up 5% from a year ago, but the results missed expectations as it suffered from cord cutting and a drop in advertising revenue.Its shares were down about 10% on…

Signage is displayed outside a Yum! Brands Inc. Taco Bell and Kentucky Fried Chicken (KFC) restaurant in Louisville, Kentucky, U.S., on Thursday, Jan. 30, 2020.Luke Sharrett | Bloomberg | Getty ImagesYum Brands on Wednesday reported…

Indian equity market ended lower on Wednesday snapping a four-day rally amid a mixed trend in global equity markets. Despite a positive start, Sensex erased all the gains and closed 215.26 points or 0.35 per cent lower at 60,906.09. During…

Private payroll growth held strong in October while worker pay rose as well, particularly in the leisure and hospitality industry, according to a report Wednesday from payroll processing firm ADP.Companies added 239,000 positions for the…

Shares of paint maker Kansai Nerolac Paints ended over 3 per cent lower today after Q2 earnings came below estimates. Kansai Nerolac Paints shares closed 3.49 per cent lower at Rs 349 against the previous close of Rs 483.90 on BSE. Earlier,…

Rafael Henrique | Lightrocket | Getty ImagesCVS Health reported third quarter earnings Wednesday morning that beat Wall Street's expectations. Here's how the pharmacy giant performed compared to Wall analysts' estimates, according to…

With a 6.58 per cent stake, foreign portfolio investor (FPI) holding in Wipro was the least among Nifty constituents in percentage terms, as of September 30. FPI faith in the IT firm has been declining quarter by quarter, thanks to concerns…

The initial public offer (IPO) of Global Health Limited will open on November 3. The share sale of the multi-speciality tertiary care provider will close on November 7. The company is offering its shares in a price band of Rs 319 to Rs 336…

Shares of Hero MotoCorp slipped more than a per cent in Wednesday's trade after the country's largest two-wheeler maker reported a 17 per cent dip in its total sales at 4,54,582 units in October as compared with 5,47,970 units in the same…

Select stocks from the auto and auto ancillary space have been on a roll for the past 10 years. They have managed to change the fortunes of investors and market watchers are still bullish on a couple of stocks. With a rally of 7,622 per…

Shares of Bharti Airtel fell after two sessions of gains today as broader market corrected in line with global equities. The telecom stock slipped 3 per cent to Rs 810.25 against the previous close of Rs 835.35 on BSE. Despite today's fall,…

A handful of stocks are on analysts' radar following September quarter results. Some of the companies' have beaten the consensus estimates by a wide margin. In other instances, stocks look reasonably valued, even as the Q2 results were…

Shares of FSN E-Commerce Ventures (Nykaa) were trading nearly 3 per cent lower in Wednesday's trade, taking its year-to-date fall to 44.78 per cent. This is even as a handful of brokerages see up to 83 per cent potential upside on the…

Global central banks are grappling with the quandary of having to choose between inflation control and economic growth. This has led to unprecedented tightening by some central banks, raising fears of recession in the West. In a scenario…

Shares of Varun Beverages climbed 5 per cent in Wednesday's trade following a better-than-expected  September quarter results. Analysts have raised earnings estimates for the Pepsi bottler by 4-8 per cent post the quarterly results and…

Shares of Karnataka Bank soared 19 per cent in Wednesday's trade after the lender posted an all-time high quarterly net profit Rs 411.47 crore for the September quarter. The bank clocked a 228 per cent growth in the second quarter profit…

Shares of LIC Housing Finance crashed 10 per cent in early trade today after the firm's Q2 earnings came below expectations. LIC Housing Finance reported a 23 per cent on-year growth in net profit at Rs 305 crore for the three months period…

Dozens of companies will report their September quarter results today. Among them are Dalmia Bharat, Mahindra & Mahindra Financial Services (M&M Financial), Relaxo Footwears, Kajaria Ceramics and Redington India. Analyst estimates…

US stocks closed lower for a second straight session on Tuesday after data indicating that the labor market remained on solid ground dimmed hopes the Federal Reserve might have enough reason to begin reducing the size of its interest rate…

AMD President and CEO Lisa Su speaks during an AMD event at CES in Las Vegas on Jan. 6, 2020.Bridget Bennett | Bloomberg | Getty ImagesAdvanced Micro Devices shares rose as much as 4% in extended trading on Tuesday after the chipmaker…

The Go! Go! Curry restaurant has a sign in the window reading "We Are Hiring" in Cambridge, Massachusetts, July 8, 2022.Brian Snyder | ReutersJob openings surged in September despite Federal Reserve efforts aimed at loosening up a…

Pedestrians pass in front of Pinterest signage displayed outside of the New York Stock Exchange.Michael Nagle | Bloomberg | Getty ImagesPinterest shares soared over 12% in extended trading after the company reported third-quarter…

Intel CEO Pat Gelsinger speaks during the Mobileye Global Inc. IPO at the Nasdaq MarketSite in New York on Oct. 26, 2022. Mobileye Global Inc., the self-driving technology company owned by Intel Corp., priced one of the biggest US initial…

Vials containing the Pfizer/BioNtech vaccine against the coronavirus disease (COVID-19) are displayed before being used at a mobile vaccine clinic, in Valparaiso, Chile, January 3, 2022.Rodrigo Garrido | ReutersPfizer on Tuesday raised its…

Indian equity market ended higher for the fourth straight session on Tuesday powered by a rally in Asian and European markets amid continuous foreign fund inflows. Sensex climbed 374.76 points to end at 61,121.35. During the day, the…

Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019.Philip Pacheco | AFP via Getty ImagesUber reported a third-quarter loss Tuesday but beat analysts' estimates for revenue and…

The September quarter earnings season has crossed the halfway mark, with 28 companies from the Nifty pack announcing their quarterly numbers so far. Barring six companies from the metal, cement, auto, IT and power sector, other businesses…

Shares of Adani Wilmar gained nearly 8% today amid a rally in the broader market in line with positive global cues. Adani Wilmar stock climbed 7.71 per cent to Rs 724 against the previous close of Rs 672.15 on BSE. The stock has gained for…

Sun Pharmaceutical Industries on Tuesday reported a 10.51 per cent year-on-year (YoY) rise in net profit at Rs 2,262.20 crore in the September quarter compared with Rs 2,047.01 crore in the same quarter last year. The drug maker said its…

Shares of BP are up over 45% year-to-date.Sopa Images | Lightrocket | Getty ImagesOil and gas giant BP on Tuesday reported stronger-than-expected third-quarter profits, supported by high commodity prices and robust gas marketing and…