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Raymond shares hits record high after textile company's board announces demerger of real estate arm

The shares of Raymond surged around 10 per cent to Rs 3236 per share as the stock markets opened th…

ANI   


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Stock market today: Indexes extend gains ahead of big week for earnings and the economy

This is one of the busiest weeks of earnings releases for the quarter, with more than 170 S&P 500 c…

Matthew Fox   


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Lockdown effect: People are ready to get dressed & go says Gautam Singhania of Raymond

Raymond says that the same store sales growth has more than doubled compared to the pre-pandemic le…

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High profile divorces are stories of claims and counterclaims best settled outside court

In the process of reaching an agreement following their divorce, Nawaz Modi Singhania, 53, the sepa…

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Godrej Consumer has to double Raymond’s consumer business for it to be earnings accretive, say analysts

Godrej Consumer Products (GCPL) is set to enter the men’s grooming category after the conclusion of…

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Raymond Q4 profit falls 26% to ₹196.5 crore; income rises 10% to ₹2,150 crore

Diversified group Raymond Ltd on Tuesday reported a 25.84 per cent decline in its consolidated net …

PTI   


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CHART OF THE DAY: The S&P 500's earnings recession has officially ended

But when you exclude mega-cap tech stocks from the index, the S&P 500 experienced an earnings decli…

Matthew Fox   


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4 mins read

EXCLUSIVE: Two revelations and a fiery defence from Raymond’s boss Gautam Singhania

Raymond’s stock price has multiplied over two-and-a-half times in the last three years. This, at…

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AMD surged after more than doubling data center revenue, boosting outlook in 1st-quarter earnings report

AMD turned in net income of $555 million on $3.4 billion of revenue in the first quarter and guided…

Will Daniel   


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5 mins read

Raymond lays off hundreds of employees⁠— some of them say they haven’t received the promised severance pay

Not just that, for those who lost their jobs, many of them are complaining that they didn’t rece…

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Peloton's disastrous month doesn't mean the future of at-home fitness is dead, analysts say

Home fitness equipment sales, excluding Peloton bikes and treadmills, amounted to $3.3 billion betw…

Allana Akhtar   


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4 mins read

'Set up for a strong 4Q with holidays plus Prime Day': Here's what 4 analysts expect from Amazon's 3rd quarter earnings report

Amazon's fourth quarter guidance will be closely monitored as investors attempt to gauge the health…

Matthew Fox   


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Peloton climbs 6% as tripled quarterly sales outweigh delivery issues, prompting a flurry of stock upgrades

The product shortage is "a good problem to have," JPMorgan analysts said. The bank lifted its price…

Ben Winck   


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3 mins read

Top stocks to watch— Future Retail, PVR, Central Bank, ICICI Bank, SpiceJet, Indiabulls Housing Finance, Ashok Leyland and more

Indian stock market is likely to open on positive note tracking cues from the global peers. At 7:40…

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Palantir slides 10% after posting unexpected loss in the 4th quarter

The data software company attributed losses in the final quarter of 2020 to operating expenses, inc…

Isabelle Lee   


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US stocks set to open lower as investors brace for slew of big earnings after bubble jitters hit Asia

Wall Street's remarkable run was set for a pause on Tuesday ahead of major Q4 earnings. Asian stock…

Harry Robertson   


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Under Armour surges as much as 7% after Raymond James upgrade

The Wall Street Journal reported this month that authorities were looking into whether Under Armour…

Gina Heeb   


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2 mins read

Inside Rossari Biotech earnings: Input cost falls twice as much as revenue

Rossari recorded 14.3% fall in revenue to ₹109.4 crore but its net profit grew 7.4% to ₹15.2 cro…

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Industry veteran Jade Raymond is in charge of turning Google into a major video game publisher - and that has huge ramifications

Raymond is an industry veteran best known for helping to create and shepherd the blockbuster "Assas…

Julie Bort   


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LIVE: Lyft is falling after delivering earnings for the first time as a public company

Two of Lyft's closely watched metrics, active riders and revenue per active rider, showed robust gr…

Rebecca Ungarino