Business

Equity indices trade in red, metal stocks lag

Equity indices trade in red, metal stocks lag

On a closing basis, the wider Nifty50 of the National Stock Exchange rose by 96.70 points, or 0.96 per cent, to 10,214.75 points. At the close, the benchmark 30-share index, BSE Sensex gained 346.38 or 1.06% at 33,106.82. Indian shares look set to open slightly higher on Thursday, with hopes for further rationalization of Goods and Services Tax (GST) rates and the findings of a survey highlighting Prime Minister Modi's enduring political strength likely to support sentiment after three ...


Amid rumors of an Apple tie-up, Intel unveils powerful new mobile modems

Amid rumors of an Apple tie-up, Intel unveils powerful new mobile modems

Highlights include the introduction of the Intel® XMM™ 8000 series, Intel's first family of 5G new radio (5G NR) multi-mode commercial modems, and Intel's latest LTE modem, the Intel® XMM™ 7660. With Qualcomm knowing that they'll be losing their modem business from Apple they struck out to sue Apple. The report, citing an anonymous "source with knowledge", explains that Apple is "leaning heavily" towards Intel's 5G technology for use in future iPhones.


The TJX Companies, Inc. (TJX): What's the Story?

The TJX Companies, Inc. (TJX): What's the Story?

Mosaic Family Wealth LLC now owns 1,996 shares of the apparel and home fashions retailer's stock valued at $144,000 after acquiring an additional 134 shares during the last quarter. The stock of TJX Companies Inc (NYSE: TJX ) has "Positive" rating given on Friday, February 10 by Susquehanna. The apparel and home fashions retailer reported $0.91 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.87 by $0.04.



What Analysts Say? Celgene Corporation (CELG) stock closes Yesterday with 1.50%

The company had a trading volume of 7,291,753 shares, compared to its average volume of 4,716,398. On Wednesday, Cypress Semiconductor Corporation (NASDAQ:CY) reached at $16.36 price level during last trade its distance from 20 days simple moving average is 1.18%, and its distance from 50 days simple moving average is 6.52% while it has a distance of 16.42% from the 200 days simple moving average .


Applied Materials, Inc. (AMAT) Q4 Earnings, Q1 Outlook Beat Expectations

Applied Materials, Inc. (AMAT) Q4 Earnings, Q1 Outlook Beat Expectations

Davis holds 1,164,743 (0.11% of shares outstanding). A number of other large investors have also recently added to or reduced their stakes in AMAT . In terms of earnings per share, 18 analysts have a 0.91 EPS mean target for the quarter ending Oct-17, for the quarter ending Jan-18, 16 analysts have a 0.91 EPS mean target and for the quarter ending Jan-18 there are 21 estimates of 3.21 EPS.


Barnes & Noble surges on takeover rumors

Barnes & Noble surges on takeover rumors

One analyst has rated the stock with a hold recommendation and two have given a strong buy recommendation to the company. The volume of 0.12 Million shares climbed down over an trading activity of 132.33 Million shares. About Barnes & Noble Education, Inc. Hedge funds and other institutional investors have recently added to or reduced their stakes in the business.