Business

Hero MotoCorp reports 14% drop in net profit in Q4FY17

Hero MotoCorp reports 14% drop in net profit in Q4FY17

Two-wheeler major Hero MotoCorp on Wednesday reported a decline of 13.86 per cent in its standalone net profit for the fourth quarter (Q4) of 2016-17. Going forward, he said the company has planned a capex of ₹2,500 crore up to fiscal year 2019 towards new product development, digitisation, phase-wise capacity installations and expansion at its existing facility in Gujarat and upcoming plants at Andhra Pradesh and Bangladesh.


Noteworthy Stock: Cypress Semiconductor Corporation's (CY)

Noteworthy Stock: Cypress Semiconductor Corporation's (CY)

Mizuho increased their target price on shares of ON Semiconductor Corp from $17.00 to $18.00 and gave the stock a "buy" rating in a report on Monday, March 13th. Needham & Company LLC raised Magnachip Semiconductor Corp from a "hold" rating to a "buy" rating and set a $10.00 target price for the company in a research note on Friday, January 13th.



Travellers accused or near riot at Florida airport over cancelled flights

The issue is salary, and the two sides are wide apart. Latreece Smith rests as her friend Tamari Cameron checks flight information, Tuesday at the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Fla . "The court has spoken and Spirit pilots will fully comply with the order handed down, which is completely in line with our overriding goal: the resumption of normal operations", the union said.



Meggitt plc (MGGT) Rating Reiterated by Liberum Capital

The shares were acquired at an average cost of GBX 63 ($0.81) per share, for a total transaction of £3,217.41 ($4,161.16). Ultragenyx Pharmaceutical Inc (NASDAQ:RARE) has declined 13.37% since October 3, 2016 and is downtrending. Ajo L P reported 181,627 shares. Tarbox Gru holds 0.01% or 317 shares. It offers HALOH product suite, which includes CallGuard, DataGuard and EckohPAY solutions.


Parrikar to contest from Panaji as sitting MLA resigns

Parrikar to contest from Panaji as sitting MLA resigns

Former Defence Minister Parrikar hasn't vacated his Rajya Sabha seat from Uttar Pradesh, as instructed to him by BJP for the upcoming Presidential Polls. Tendulkar, who was present when Kuncalienkar resigned as MLA on Wednesday afternoon said, "It was the party's decision to ask Sidharth to vacate the seat".