Havells core business grew remarkably well with revenue/EBITDA growth of 18/24% YoY. While, Lloyd disappointed with flat revenue growth (11% in FY18) in its seasonal quarter. However, Lloyds EBITDAM of 12.4/8% in 4Q/FY18 vs. ~6% in
Eight men now control as much wealth as the world’s poorest 3.6 billion people, according to a new report from Oxfam International.
The men — Bill Gates, Warren Buffett, Carlos Slim, Jeff Bezos, Mark Zuckerberg, Amancio Ortega, Larry Ellison and Michael Bloomberg — are collectively worth $426 billion, the anti-poverty group said on Sunday.
Cree (NASDAQ:CREE) competes in the LED components and lighting industry. The company once had a significant role in the more profitable upstream LED chips and packaging industry. However, the recent entrance of low-cost Asian competitors into the upstream forced Cree to integrate vertically and increase its exposure in the less profitable downstream LED lighting....More>>>
Doug Hughes focuses on lesser-known, small cap regional banks; the editor of Bank Newsletter looks for banks that operate in attractive regional markets, often ones that would be attractive acquisition targets.
AvidBank Holdings (AVBH) has the fastest growth of any bank out there and yet is still one of the safest with almost no bad loans, and a great, great market area in Palo Alto,....More>>>
&l;p&g;&l;img class=&q;dam-image bloomberg size-large wp-image-41903517&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/41903517/960×0.jpg?fit=scale&q; data-height=&q;1390&q; data-width=&q;960&q;&g; A rainbow arcs over wind turbines at a wind farm in Scotland. Mike Wilkinson/Bloomberg
As the amount of renewable energy in global electricity networks continues to surge,....More>>>
TWLO stock might look cheap at these levels, but you should avoid the stock for now. Here’s why.
I found this interesting. Many investors appear to be exuberant aboutTwilio (NYSE:TWLO). Can it really be considered a game changer? Not exactly, and I’ll explain why. Before considering Twilio, consider thecompetitionit has against the 4 competitors I’ve listed. Customers are....More>>>
Our colleague Ben Morris has been keeping a close eye on gold. Back in April, he noted that gold was close to breaking out of a multiyear chart pattern that could send prices much higher. But it wasn't yet official, so Ben recommended being patient and waiting for confirmation before getting too bullish on gold and precious metals. That was good advice – gold reversed....More>>>
Large cap luxury accessories stock Tiffany & Co (NYSE: TIF) reported Q2 earnings before the market opened Thursday morning with a larger-than-expected quarterly profit and sales thanks in partto higher demand for its fashion and designer jewelry in Japan along with lower input costs. Worldwide net sales increased 3% to $960 million and comparable store sales declined 2% while on a constant-exchange-rate....More>>>
The U.S. stock market closed out another quiet week with small losses on Friday. The market opened the session lower and then climbed through mid-day. After an early afternoon selloff, the major averages closed near their best levels of the day.
Gainers included The GEO Group (NYSE: GEO), which jumped almost 22 percent a day after plunging nearly 40 percent on news that the U.S. government....More>>>
Numerous pricing reports for the UK economy come out on Tuesday, April 12, 2016, at 4:30 AM ET. There is a strategy however, that works well for these kinds of news events. Using Nadex spreads, one can enter the night before at 11:00 PM ET for 7:00 AM ET expirations.
The Office For National Statistics for the UK will release six different pricing reports. The Consumer Pricing Index has....More>>>
Venezuela looks set to have the lowest voter participation for a presidential election in at least two decades after opposition supporters heeded a boycott call and disillusioned government supporters stayed home.
Yet, two hours after the expected close of voting centers, many remained ope
DekaBank Deutsche Girozentrale purchased a new position in Iovance Biotherapeutics (NASDAQ:IOVA) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 42,400 shares of the biotechnology company’s stock,
The semiconductor industry is growing fast. Driven by a world of connected things, chip makers are finding a multitude of new applications for their wares, from wearables to industrial equipment to cars. Even in such a market, though, investing in semiconductors is a bumpy ride.
Headlines about JD.Com (NASDAQ:JD) have trended somewhat positive this week, Accern reports. The research firm scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores ne
Shares of Vipshop (NYSE:VIPS) tumbled nearly 20% on May 15 after the Chinese e-tailer reported itsfirst-quarter numbers. Its revenue rose 25% annually to 19.9 billion yuan ($3.2 billion), beating estimates by $120 million, but its non-GAAP net income dropped 9% to 728 million yuan ($116 million