Motilal Oswal's research report on LIC Housing Finance
Our strategist recently increased the weightage of LIC Housing Finance (LICHF) in our model portfolio. In our view, after a span of two years, the business environment is turning favorable for LICHF. With liquidity tightening,
Banking and financial services stocks have been key drivers of the current rally that has led benchmark indices to fresh six-month highs. The up move has been fuelled by hopes of Modi's return at the Centre and renewed FII inflow.
Bank Nifty has rallied 10 percent in March so far and f
&l;!–donotpaginate–&g;&l;p&g;Between the corporate tax cut and the tight labor market, more companies are moving to increase pay and benefits, including their contributions to retirement plans.&a;nbsp; In a January survey, one out of four employers told Willis Towers Watson that they have increased their 401(k) match this year or plan to do so next year.
Investment company Davidson Kempner Capital Management LP buys Altaba Inc, Vistra Energy Corp, HRG Group Inc, Allied World Assurance Co Holdings AG, Panera Bread Co, Expedia Inc, Yum Brands Inc, Kate Spade, TPG Pace Energy Holdings Corp, Six Flags Entertainment Corp, sells Reynolds American Inc, PrivateBancorp Inc, The Valspar Corp, The WhiteWave Foods Co, B/E Aerospace Inc during the 3-months ended....More>>>
Over the years, we have witnessed many investment trends come in and out of fashion. But investments in private equity funds have been the financial equivalent of first-growth French Bordeaux reds, which means they are consistently strong and reliable. According to The Cambridge Associates LLC US Private Equity Index® (publicly available here), private equity investments....More>>>
On Tuesday, stocks closed mixed with a preference for small-caps as they took gains in some blue chips and big-cap stocks.
Profit-taking started immediately, with a divergence of better-quality stocks being sold. Banks and other financials fell 1.4% at the close, while technology gained 0.9% and consumer discretionary rose 0.5%. Eight of the eleven sectors of the 500 lost ground. From the....More>>>
After five years of strong growth in apparel and footwear, Nike’s (NYSE: NKE) shareholders were rewarded with returns in excess of 100%. These returns greatly outpaced the 80% return delivered by the S&P 500 (NYSEARCA:VOO) over the same time frame. Unfortunately, 2016 was a tough year for Nike’s shareholders. Holders of Nike’s stock witnessed the stock price tumble over 15%....More>>>
Fellow contributor Giovanni DiMauro published a bearish take on Valeant Pharmaceuticals (NYSE:VRX) with which I strongly disagree. I’ll start by going over DiMauro’s points (between quotes) where I hold a variant view and summarize my bullish take at the end.
CEO Joseph Papa mislead investors in August when he reaffirmed guidance for the year. The company missed miserably on earnings....More>>>
Investment company Wintergreen Fund buys Lotte Confectionery Co, LiLAC Group, sells Altria Group, The Swatch Group AG, JC Decaux SA during the 3-months ended 2016-12-31, according to the most recent filings of the investment company, Wintergreen Fund. As of 2016-12-31, Wintergreen Fund owns 25 stocks with a total value of $407 million. These are the details of the buys and sells.
Cisco Systems, Inc. (NASDAQ: CSCO) reported fiscal third-quarter financial results after markets closed Wednesday. The networking giant said that it had $0.60 in earnings per share (EPS) and $11.9 billion in revenue, which compares with consensus estimates from Thomson Reuters that called for $0.58 in EPS and $11.9 billion in revenue. The same period from last year had $0.57 in EPS and $12.0 billion....More>>>
Bharti Airtel’s (BHARTI) board has approved an INR320b fund raise, which includes a rights issue of INR250b and perpetual bonds with equity credit of INR70b (foreign denominated). Issue price of INR220/share implies an issuance of
Shares of Cyclacel Pharmaceuticals Inc (NASDAQ:CYCC) shot up 7.5% during trading on Friday . The stock traded as high as $0.90 and last traded at $0.86. 1,753,743 shares traded hands during mid-day trading, an increase of 258% from the average session volume of 489,758 shares. The stock had prev