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Sensex, Nifty Rally After Modi Win, Oil Price Fall

India, May 24 -- Indian shares posted strong gains on Friday to end near the day's highs as investors cheered Prime Minister Narendra Modi's landslide win in Lok Sabha election as well as a steep fall... Read More


Hewlett Packard Enterprise Q2 Profit Beats Wall Street, Lifts FY Outlook

India, May 24 -- Hewlett Packard Enterprise (HPE) Thursday said its profit for the second quarter trumped Wall Street estimates, however, revenues fell short of expectations. Moving ahead, the company... Read More


Luxembourg Exports Fall In March

India, May 24 -- Luxembourg's exports fell for the first time in five months in March and imports also declined, data from the statistical office STATEC showed on Friday. Exports fell a seasonally ad... Read More


Semiconductor Manufacturing Plans To Delist ADSs From NYSE

India, May 24 -- Semiconductor Manufacturing International Corp. (SMI) said Friday that it will it will apply for the voluntary delisting of its American depositary shares or "ADSs" from the New York ... Read More


Foot Locker Slashes FY19 EPS Growth Outlook - Quick Facts

India, May 24 -- While reporting financial results for the first quarter on Friday, specialty athletic retailer Foot Locker, Inc. (FL) slashed its earnings per share growth outlook for the full-year 2... Read More


Hibbett Sports Raises FY20 Profit View - Quick Facts

India, May 24 -- Hibbett Sports Inc. (HIBB) raised earnings per share outlook for fiscal 2020 to a range of $1.70 - $1.85 from the prior estimation of $1.50 - $1.70 per share. It also increased its an... Read More


Gold Edges Lower After Rally

India, May 24 -- Gold prices drifted lower on Friday after rising sharply in the previous session on expectations of a rate cut by the Federal Reserve this year. Spot gold dipped 0.3 percent to $1,28... Read More


Oil Set For Biggest Weekly Loss This Year

India, May 24 -- Oil prices rose toward $69 a barrel on Friday, snapping a two-day losing streak after U.S. President Donald Trump said that there is a "good possibility" of including Huawei in a trad... Read More


European Shares Rebound On Trade Deal Optimism

India, May 24 -- European stocks bounced back on Friday after a sharp sell-off in the previous session on worries that the U.S.-China trade conflict was spiraling into a technology cold war. Underlyi... Read More


UK Retail Sales Fall At Fastest Pace Since Late 2017: CBI

India, May 24 -- UK retail sales declined at the fastest pace since October 2017, quarterly Distributive Trades Survey from the Confederation of British Industry showed Friday. A balance of -27 perce... Read More