Business

Canara Bank posts net loss of Rs 4859.77 cr in Q4

Canara Bank posts net loss of Rs 4859.77 cr in Q4

Dena Bank's net loss widened to Rs 1,225 crore in the fourth quarter ended March 31, 2018 against Rs 575 crore in the year-ago quarter due to huge loan loss provisions. Additionally, on NPA divergence for 2016-17, it said there was a gap of Rs 3,248.50 crore in gross NPAs with bank reporting it to be Rs 34,202.04 crore and the Reserve Bank assessing it at Rs 37,450.54 crore.



BP (BP) PT Raised to GBX 610 at Credit Suisse Group

Peel Hunt raised their price objective on shares of Just Eat from GBX 895 ($12.14) to GBX 1,199 ($16.26) and gave the company a buy rating in a research report on Wednesday, February 21st. The company has market cap of 607.02 million GBP. The firm holds interests in the Pirity and Hernandarias concessions in Paraguay; and the CNO-8 Puesto Guardian, and Matorras and Ocultar licenses in Argentina.Last it reported negative earnings.


UK RICS house price balance hits lowest since 2012

UK RICS house price balance hits lowest since 2012

The wider United Kingdom market is showing price falls, according to hundreds of estate agents and surveyors, with 8 per cent more RICS members experiencing price falls than rises in April, which is the worst figure since November 2012. At the national level, upper and middle-priced sections of the market are proving the most challenging, with nearly 70 per cent of respondents saying properties valued at over £1 million (S$1.82 million) are being sold for less than the asking price.


Volume Buzzers : Sears Holdings Corporation (NASDAQ:SHLD), CSP Inc. (NASDAQ:CSPI)

Volume Buzzers : Sears Holdings Corporation (NASDAQ:SHLD), CSP Inc. (NASDAQ:CSPI)

A high P/E suggests that investors are expecting higher earnings growth in the future compared to companies with a lower P/E. And doubling the growth more than doubles the capital gain, due to the compounding effect. Short Ratio of stock is 6.96. Susquehanna maintained Sears Holdings Corporation (NASDAQ: SHLD ) rating on Friday , February 16. Sears Holdings Corporation ( SHLD) stock recent traded volume stands with 12309269 shares as compared with its average volume of 1601.07K shares.


Iran Warns of Reprisal if US Doesn't Compensate

Iran Warns of Reprisal if US Doesn't Compensate

China has said that it remains committed to Iran's nuclear deal with world powers and assured Tehran that it will continue buying almost one-third of Iranian oil exports . Venezuela's plunging production and the return of US sanctions on Iran could keep exports lower amid tighter market. "China is potentially the country most likely to benefit from sanctions being placed back on Iran ", said Matt Smith, director of commodity research at ClipperData.



Auto Trader Group (LON:AUTO) Given "Add" Rating at Peel Hunt

Hammerson plc is a publicly owned real estate investment trust. The company has market cap of 1.71 billion GBP. The firm engages in the sale of new and used cars, and vans; and servicing, repair, and sale of franchised parts to customersÂ' vehicles.