Capital market analysts have said that profit taking activities will likely persist in the equities market this week. According to them, this will be driven by the significant appreciation recorded in the prices of major stocks quoted on the NSE last week. In their report for the week released on […]
Tag: Profit
Dell profit plummets 31 percent as investors ponder $24 billion buyout
Dell Inc on Tuesday reported a 31 percent drop in profit, hurt by a shrinking consumer business, as investors weighed founder Michael Dell’s offer to buy out the world’s No.3 maker of personal computers. Michael Dell, teaming up with private equity firm Silver Lake and software maker Microsoft, is offering […]
Global shares slip from highs; Spain, Italy pressure euro
Major stock markets fell on Monday as investors booked profits on recent strong gains, while the euro slipped from multi-month highs against the dollar and yen on political uncertainty in Spain and Italy. Oil prices retreated from 4-1/2-month highs as investors paused for breath after a rally powered by signs […]
