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
After casino mogul Steve Wynn stepped down in February from his position of chief executive at Wynn Resorts Ltd. (WYNN) – in the wake of sexual harassment allegations – questions have emerged about the future of the $18 billion luxury hotel empire that bears his name.
Now the plot thickens as Wynn’s ex-wife, Elaine, a 9.25% shareholder who co-founded Wynn Resorts with....More>>>
As their investors know, North America drives Detroit automakers’ profits, especially Ford Motor Company’s (NYSE:F). The region generated $1.99 billion of the Blue Oval’s total automotive (not including Ford Credit) first-quarter pre-tax profit of $1.97 billion — yes, the other regions combined to drag the total down. But Ford’s European region, with a gradual recovery....More>>>
(Note: Subscribers to Main Street Value Investor Marketplace received the first look at this research.)
Toyota Motor Corporation (TM) is the worlds eighth-largest company by sales based on 2016 consolidated revenues per the Fortune Global 500. Interestingly, Toyota is tailgating seventh-ranked and fellow automaker, Volkswagen (OTCPK:VLKAY) by a slim $8 million of revenue.
NEW YORK, NY – SEPTEMBER 28: Mark Cuban speaks onstage during the THRIVE with Arianna Huffington panel at The Town Hall during 2016 Advertising Week New York on September 28, 2016 in New York City. (Photo by Slaven Vlasic/Getty Images for Advertising Week New York)
During the NBA All-Star Technology Summit in New Orleans, Dallas Mavericks owner Mark Cuban shared a bold prediction about....More>>>
McDonald’s investors (NYSE:MCD) are celebrating a Trump victory that will usher in an administration far more friendly to businesses. A Republican government may do its part in avoiding things like the golden arch being liable for independent contractor violations or in voiding the penalties faced by employers under the Obamacare mandates.....More>>>
Honda Motor President, CEO and representative director Takahiro Hachigo (C) answers questions following a joint press conference with Hitachi Automotive Systems President and CEO Hideki Seki, in Tokyo on February 7, 2017. Japanese automaker Honda announced February 7 a joint venture with Hitachi Automotive Systems, a subsidiary of the industrial conglomerate, to collaborate in the field of electric....More>>>
Investment company Narus Financial Partners, LLC buys iShares Floating Rate Bond, iShares National Muni Bond, Qualcomm, Vanguard Div Appreciation ETF – DNQ, Apple, Oracle, Charles Schwab, AMN Healthcare Services, Target, Valero Energy, sells iShares MBS, Vanguard Intermediate-Termorate Bond ETF, Lannett Co, NVIDIA, Whirlpool during the 3-months ended 2017-03-31, according to the most recent....More>>>
RBC’s Kurt Hallead and Benjamin Owens offer their take on Transocean (RIG) appearance at the RBC Global Energy and Power Conference:
Our view: Transocvean continues to execute well, with the focus on revenue efficiency bearing fruit over the last several quarters. However, we believeTransocean shares have limited upside until the market gains more confidence....More>>>
"I personally sold all my gold and gold stocks yesterday," I told a crowd of 500 gold bugs at the Sprott Natural Resource Symposium in Vancouver at the end of July. The crowd was shocked… But my timing was nearly perfect. Gold is down 12% since the beginning of August. And gold stocks – as measured by the VanEck Vectors Junior Gold Miners Fund (GDXJ) –....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