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
I got a laugh this week when I got an email from Alan Knuckman with this in the subject line.
Over the past week or so, the markets have been under pressure thanks to a debt crisis in Turkey. The country itself has some big debts that are becoming harder and harder to pay. Meanwhile, many individuals in the country also carry....More>>>
There’s a lot you have to know about your financial adviser, but they may not tell you everything you need to know. You may not be getting the whole story from them and it will cost you if you’re not asking the right questions.
As the Department of Labor’s “best interest” retirement advice rule hangs in limbo — thanks to the Trump Administration and Wall....More>>>
Analysts forecast that ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) will report ($0.12) earnings per share for the current quarter, according to Zacks. Two analysts have issued estimates for ZIOPHARM Oncology’s earnings. The highest EPS estimate is ($0.07) and the lowest is ($0.14). ZIOPHARM Oncology posted earnings per share of ($0.13) in the same quarter last year, which suggests a positive year-over-year....More>>>
Israel Discount Bank of New York reduced its holdings in shares of The Home Depot (NYSE:HD) by 24.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,833 shares of the home improvement retailer’s stock after selling 1,210 shares during the period. Israel Discount Bank of New York’s holdings in....More>>>
More specifically, the time to buy shares of Citigroup (C) is now.
That is the word from the legendary activist hedge fund ValueAct Capital. ValueAct isn’t just talking, they are acting. ValueAct has invested a whopping $1.2 billion into shares of this banking giant.1
Luckily for us, ValueAct also explains exactly why the market thumping....More>>>
GameStop Corp. (NYSE: GME) reported fiscal third-quarter financial results after markets closed Tuesday. The company posted $0.54 in earnings per share (EPS) and $1.99 billion in revenue, compared with consensus estimates from Thomson Reuters that called for $0.43 in EPS and $1.96 billion in revenue. The same period from last year had $0.49 in EPS and $1.96 billion in revenue.
&l;p&g;&l;img class=&q;dam-image ap size-large wp-image-34d89e57f7424200961aa0a929830fd6&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/34d89e57f7424200961aa0a929830fd6/960×0.jpg?fit=scale&q; data-height=&q;640&q; data-width=&q;960&q;&g; Senate Minority Leader Sen. Chuck Schumer of N.Y., attends a news conference on 401(k) retirement savings, Tuesday, Oct. 31, 2017, on Capitol....More>>>
iPass (NASDAQ:IPAS) reached a new 52-week high and low during mid-day trading on Friday . The company traded as low as $0.25 and last traded at $0.26, with a volume of 1008220 shares changing hands. The stock had previously closed at $0.27.
IPAS has been the subject of a number of analyst reports. Maxim Group set a $2.00 price target on iPass and gave the company a “buy” rating....More>>>
On Friday, small cap The Stars Group (NASDAQ: TSG), a leading provider of technology-based products and services in the global gaming and interactive entertainment industries,rose 10.60%after updating itspreviously announced guidance ranges for the full year 2017 and announcing the prepayment of an additional $75 million of second lien debt. Through its Stars Interactive division, The Stars Group....More>>>
Zacks Investment Research downgraded shares of Pacific Premier Bancorp (NASDAQ:PPBI) from a strong-buy rating to a hold rating in a report released on Tuesday morning.
According to Zacks, “LIFE Financial Corporation is a savings and loan holding company for Life Bank. The company originates, purchases, sells, securitizes and services primarily non-conventional mortgage loans principally....More>>>
After a whirlwind week of new schedule reveals, surprise cancellations and buzzwords, the 2018 upfronts are done. It was an interesting week, and perhaps one of the more unpredictable ones in recent years. Now though, it's up to the advertisers to ultimately d
BlackRock (BLK) is a leading asset manager with good growth prospects and is adapting its business to structural changes within the industry, but this seems to be already reflected in its valuation. Even though BlackRock is a good company, a lower share price is desirable to enter into a long p