Business

Rupee Trims Gains, Still Up 3 Paise In Late Deals

Rupee Trims Gains, Still Up 3 Paise In Late Deals

The BSE consumer durable index slumped 900 points in less than two trading sessions, amid low demand projection for goods in the near future as people go hunting for cash countrywide. In rupee term the exports during the month stood at Rs.156941.86 crore, which was 12.43% higher compared to Rs.139589.17 crore during October, 2015. The Indian rupee fell against the dollar, hitting a level not seen since June 29, when it weakened in the aftermath of Britain's vote to leave the European Union.


SA humble Australia in Test series triumph

SA humble Australia in Test series triumph

Having lost five matches on the trot now, Smith hailed the African bowlers and conceded that his side needs to work on their weak areas before the third game. A problem of this magnitude stretches beyond the players immediately concerned to affect the rest of the team , the support staff, coaches, selectors, management, the Cricket Australia board and the sporting public at large.


Lowe's Declines After Forecast Renews Housing-Market Fears

Lowe's Declines After Forecast Renews Housing-Market Fears

The company said that it had $0.88 in earnings per share (EPS) and $15.74 billion in revenue. Lowe's said sales and comparable-store sales for the quarter increased 9.6 percent and 2.7 percent, respectively, from a year ago. Vetr's price objective would suggest a potential upside of 4.53% from the company's current price. Caterpillar Inc. (NYSE:CAT) shares moved to $94.44 after starting the day at $93.46 on Tuesday.


Snap Inc confidentially files for tech IPO at $25 bn

Snap Inc confidentially files for tech IPO at $25 bn

As of Snap's last round in May it was valued at $18 billion, making a $20-$25 billion float valuation around the right mark. The tech company could be publicly traded by March. There is no guarantee Venice, Calif. -based Snap will proceed with a share sale in the time frame it now envisions, or that it will achieve the valuation contemplated.



Brokers Watching Banco Santander Chile (NYSE:BSAC)

Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions. Banco Bradesco Sa opened at $8.52 and closed by showing a decrease of -1.28%. Banco Santander Brasil SA has a 50 day moving average of 7.44 and a 200 day moving average of 6.27. Banco Santander SA has a one year low of $3.60 and a one year high of $5.58.


SEC Chair White leaving at end of Obama administration

SEC Chair White leaving at end of Obama administration

White's term at the helm of the SEC hadn't been scheduled to expire until June 2019. White has presided over a record number of enforcement actions. Unlike some of Ms. White has not faced the same kinds of crisis management challenges. A former prosecutor who oversaw the original investigation of, White was tasked with m and implementing numerous reforms of the Dodd-Frank Act, a bill passed in the wake of the financial crisis with the goal of mitigating risk in the banking system .