US Stock Reports, Quotes and News
Investing.com — U.S. futures traded in a mixed fashion Tuesday, as investors digested a cocktail of elevated Middle East tensions, rising bond yields and quarterly corporate earnings.
In case of retail business too, I think 19% kind of a growth or 20% kind of a growth is being seen and most importantly the contribution to the margin is coming largely from the own brands, which are basically contributing significantly particularly into physical stores.
In case of retail business too, I think 19% kind of a growth or 20% kind of a growth is being seen and most importantly the contribution to the margin is coming largely from the own brands, which are basically contributing significantly particularly into physical stores.
Laser Photonics (LASE) reported its fourth-quarter and full-year results for 2023, announcing a significant increase in revenue and outlining strategic plans for the upcoming year. The company, which specializes in CleanTech product lines, saw a 673% growth in quarterly revenue to $0.8 million compared to the restated $0.1 million in the previous year.
The Nifty fell 246.9 points, or 1.1%, to 22,272.50. The Sensex declined 845.12 points, or 1.14%, to 73,399.78 in a volatile trading session that saw mixed responses across the Asia-Pacific to this weekend\’s Iranian drone attacks on Israel. China advanced 1.26%, Hong Kong fell 0.73%, South Korea declined 0.42%, and Taiwan dropped 1.38%.
Reliance Industries Ltd will announce its March quarter results on April 22. Along with the quarterly numbers, the company\’s board will also consider and approve a dividend.
(Reuters) -Companies in the United States and Canada have kicked off 2024 with thousands of job cuts across sectors, signaling that the spate of layoffs seen in 2023 could persist as they scramble to rein in costs.
While noting that the reforms in crude and gas pricing have improved the company\’s profitability above past decade averages, Jefferies expects strong free cash flow generation and consolidated net debt reduction on profitable production growth over FY 24-26.
Sahil Kapoor from DSP Mutual Fund discusses market recalibration due to slowing top-line growth, peak profit margins, and the need to reassess high earnings multiples in small and midcap stocks over the next 12 to 24 months. Kapoor says: \”The market is building up a very large earnings growth trajectory over the next one or two years or three years and some of those numbers appear to be a little shaky. \”
Aditya Arora provides insights on stock recommendations, including ONGC and Thermax. He also advises on Senco Gold\’s strong performance, the bullish outlook on the metals pack, trading opportunities in Vodafone, and key levels for Nifty and Bank Nifty. Arora says: \”The metal index is trading at 9002 odd levels. I still think it is a buy; the upside which I see is 9500 to 9600.\”