Financial Performance

Broker’s call: Varroc Engineering (Hold)

Target: ₹536CMP: ₹525.60Varroc Engineering’s (VAR) EBITDAM stood at 9 per cent, down about 110 bps q-o-q (vs. Consensus 10.3 per…

11 hours ago

Bain Capital to Buy Mitsubishi Chemical’s Pharma Business for More Than $3 Billion

Bain Capital has agreed to acquire Mitsubishi Chemical Group’s 4188 -4.18%decrease; red down pointing triangle pharmaceutical business for more than…

3 days ago

Sales Slow at Louis Vuitton's Owner as China Sputters

LVMH Moët Hennessy Louis Vuitton, the world’s biggest luxury-goods company, struggled to lure big-spending Chinese consumers back to its boutiques…

1 year ago

Pharmacy Giant Walgreens Taps Tim Wentworth to Be CEO

The incoming chief executive faces a tough challenge, with a core business under pressure due to pharmacy-benefit managers such as…

1 year ago

U.S., in Chip War with China, Extends Some Allowances for Asian Allies

Chip makers Samsung, SK Hynix and TSMC can maintain their operations in China for the foreseeable future, but significant tech…

1 year ago

Why Nelson Peltz Grew Impatient With Disney's Turnaround Efforts

The activist adds shares, while the company plans changes to ESPN, Hulu and its streaming business. Source link

1 year ago

MGM Resorts Refused to Pay Ransom in Cyberattack on Casinos

MGM Resorts refused to pay a hackers’ ransom demand in a September cyberattack that threw its Las Vegas Strip resorts…

1 year ago

Modelo Continues to Win Over Bud Light Drinkers

Constellation Brands CEO says the Mexican beer brand has more room for growth. Source link

1 year ago

New This Holiday Season: Discounts on Shipping Packages

UPS and FedEx have loosened pricing as the carriers anticipate a weak peak. Source link

1 year ago

How China's BYD Became Tesla's Biggest Threat

Once a maker of cellphone batteries, the company is in the running to become the world’s No. 1 seller of…

1 year ago