Business

Canara Bank Q2 Profit Drops 33% To Rs. 357 Crore

Canara Bank Q2 Profit Drops 33% To Rs. 357 Crore

This significant downfall from the same quarter a year ago is alarming for the private lender as it had reported a PAT of Rs 1,950.60 crore in 2015's September quarter. The banking major's net interest income went up by 19.6 per cent to Rs 7,993.6 crore. Private sector IDFC Bank on Tuesday reproted over six-fold jump in net profit to Rs 387.76 crore for the second quarter ended on September 30, 2016.


Comcast profits rise in third quarter

Comcast profits rise in third quarter

NBC also witnessed benefits to its cable networks from the Olympics, up 22% to 2.9 billion. In a similar move, Comcast purchased NBCUniversal from General Electric, most of it in 2011 and the rest two years later. "We fundamentally believe we can make money for the shareholders through a wireless offering with the unique relationship we have with the Verizon MVNO", Roberts said.



Lloyds profit slumps amid latest PPI mis-selling hit

Lloyds Banking Group (LON:LLOY) will be under the spotlight today, as the bailed-bank posts its third quarter trading results. The bank has been forced to set aside about 17 billion pounds since the financial crisis to repay customers who took out policies to protect borrowers against sickness or redundancy, but were often ineligible to claim.


Southwest Airlines -8% after forecast disappoints

Southwest Airlines -8% after forecast disappoints

The rhetoric and headlines for Southwest Airlines are encouraging enough. Several institutional investors have recently added to or reduced their stakes in the stock . And, as was the case with EW, GRUB was up 72% year-to-date immediately before reporting its Q3 numbers, leaving no room for more upside no matter how strong the Q3 results and Q4 guidance looked.


Gunman in wheelchair kills man near housing complex

Gunman in wheelchair kills man near housing complex

She ended up walking to Bronx Park, near the corner of Bronx Bld. and E. 213th St., where the brute began pummeling her head and strangling the girl, causing her to black out three times, police said. Thomas was taken to the hospital where he was pronounced dead. According to the Daily News, the girl met her attacker at a subway station around 4 a.m.