Collections, cash flows of top-3 realtors hit in Q1

However, both developers as well as analysts are hopeful that these business metrics will pick up once activity resumes. Collections from customers, cash flows, and sales realisation went south for DLF, Godrej Properties, and Oberoi Realty – the top three developers – in the June quarter (Q1FY21), with construction activity coming to a halt in April and May. However, both […]

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First Solar’s Stock Boom Brings New Investor Dilemma

It is not unusual to see big stock price moves after earnings. Some companies that beat earnings and revenue expectations are rewarded handily. Shares of First Solar Inc. (NASDAQ: FSLR) surged on Friday after it beat earnings, but the stock price reaction is in conflict with two key analyst upgrades from the same day. When First Solar reported earnings on […]

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Trump’s WeChat Ban Could Hurt iPhone Sales in China

President Donald Trump’s order banning U.S. companies from doing business with Chinese messaging app WeChat could damage iPhone sales in one of Apple Inc.’s most important markets. The order would block all transactions involving WeChat, which would prohibit Apple from distributing WeChat to mobile devices through its App Store. WeChat is central to digital life in China. It’s the go-to […]

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Buffett's Berkshire expected to post a quarterly earnings surge as market comeback boosts portfolio

Investors are preparing for a variety of news in Berkshire Hathaway's second-quarter earnings report this weekend, ranging from the possibility of record overall net income to weaker operating results from the conglomerate's industrials companies. Wall Street also hopes that Berkshire, which is expected to report per-share earnings of $2.12 and revenues of $61.08 billion per StreetAccount estimates, may have ramped […]

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Rush shipping is often free. But the environment could be paying for it

New York (CNN Business)Shopping online during the upcoming holiday season could get more expensive if it’s delivered by UPS. The company will begin imposing surcharges of several dollars on companies that ship a huge amount of items this fall and early winter, anticipating rising costs as more more people shop online because of coronavirus. The new fees would cost several […]

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If you have a Chase business card, you could earn up to 50,000 points on shipping and online advertising purchases through October

This article is brought to you by the Personal Finance Insider team. It has not been reviewed, approved, or otherwise endorsed by any of the issuers listed. Some of the offers you see on this page are from our partners, like Citi and American Express, but our coverage is always independent. Thanks to a new promotion, select Chase business credit […]

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Stocks making the biggest moves midday: FedEx, T-Mobile, Uber & more

Check out the companies making headlines in midday trading.  T-Mobile — Shares of the wireless provider surged more than 8% to a new 52-week high on Friday following its better-than-expected quarterly earnings. T-Mobile earned 9 cents on revenue of $17.67 billion, compared to estimates of 7 cents on revenue of $17.61 billion, according to Refinitiv. Groupon — Shares of  Groupon soared […]

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TIIL in ₹700-crore pact to buy CG Power stake

To get up to 56.6% via shares, warrants Tube Investments of India Ltd. (TIIL), a Murugappa Group firm, has entered into a securities subscription agreement to bail out debt-ridden CG Power and Industrial Solutions Ltd. On Friday, the board of TIIL approved the proposal for making a binding bid for acquiring controlling interest in CG Power through a combination of […]

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