What’s behind Pentair’s sharp forecast cut and stock selloff?
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US Stock Market: Wall Street investment banking revival gains momentum as IPOs, M&A fuel deal boom
Wall Street’s investment banking recovery is gathering momentum, driven by a rebound in IPOs, M&A deals and corporate debt issuance. The six largest U.S. banks reported an average 45% year-on-year jump in investment banking fees in the second quarter, signalling a broad-based revival after years of weak dealmaking.
Warren Buffett says he initiated Berkshire’s Alphabet bet, but it is not his favourite. Here’s why
“I initiated it,” he said in an interview with CNBC. “I am not doing anything that he does not approve of. He is not doing anything I don’t approve of. We talk all the time, but he is the decider,” the 95-year-old Berkshire Chairman added, referring to his CEO successor, Ger Abel.
SBI Funds Management IPO Day 3: Issue subscribed over 5 times; GMP points to 16% potential listing gains
SBI Funds Management IPO is experiencing robust investor demand on its final bidding day. The grey market premium indicates a potential listing price of approximately Rs 666 per share. Retail investors have shown steady participation in the ongoing public offering. The company’s IPO is a complete Offer for Sale, raising funds for existing shareholders. Shares…
Alpine Texworld IPO: Issue gets fully subscribed on Day 3; GMP hints at 5% listing gain
Alpine Texworld’s IPO is in its final bidding day, drawing investor interest. The public issue was subscribed eighty percent by the second day. Retail investors showed strong participation, subscribing eighty-six percent of their quota. The company plans to use funds for capacity expansion and debt reduction. Shares are expected to list on stock exchanges on…
BPCL Share Price Live Updates: Current Price of BPCL
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Jio Financial Services Share Price Live Updates: Jio Financial Services Sees Minor Decline
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Aswath Damodaran explains why country risk is no longer just an emerging market problem
Valuation expert Aswath Damodaran argues that country risk is no longer limited to emerging markets as global companies face political, legal and economic shocks across borders. From US sovereign debt concerns to overseas revenue exposure, investors must factor country-specific risks into valuations regardless of where companies are listed.
Vijay Kedia buys over 3 lakh shares of Websol Energy; solar stock zooms 1,080% in 3 years
Veteran investor Vijay Kedia increased his stake in Websol Energy System during Q1FY27, acquiring over 3.4 lakh shares and raising his holding to 47.85 lakh shares (1.1%), valued at nearly Rs 47 crore at the latest market price. The solar stock has surged 1,080% over three years, despite declining 28% in the past year.
ABB India shares surge 10%. What’s fuelling the rally?
ABB India shares rose sharply on Thursday after global parent ABB reported strong second-quarter results and a sharp rise in India order growth. The robust order momentum has raised expectations of healthy quarterly numbers from the listed company, with investors tracking whether domestic demand and execution continue to drive growth.