Check out the companies making headlines in midday trading. Abercrombie & Fitch – Shares of the teen apparel retailer jumped 9.1% after JPMorgan added it to its positive catalyst watch list. Analyst Matthew Boss raised the stock’s price target and third-quarter earnings estimate, saying its brands, which include Hollister, showed momentum during the recent back-to-school … Read more
RBI, Reserve Bank of India(Photo: Shutterstock) 3 min read Last Updated : Oct 04 2024 | 11:28 PM IST The Reserve Bank of India on Friday proposed that banks should be barred from using group entities to circumvent regulations applicable to them. The central bank has made the suggestion in a draft circular … Read more
Check out the companies making headlines before the bell. Spirit Airlines , JetBlue – Spirit plunged more than 38% following a report from The Wall Street Journal that the discount airliner is considering filing for bankruptcy. Shares of peer airline firm JetBlue, which was previously in talks to merge with Spirit, advanced nearly 6%. Summit … Read more
HDFC Bank on Friday said that the sequential rise in deposits outpaced loan growth. (Photo: Shutterstock) 2 min read Last Updated : Oct 04 2024 | 10:03 AM IST India’s biggest private lender HDFC Bank on Friday said that the sequential rise in deposits outpaced loan growth in the fiscal second quarter. … Read more
2 min read Last Updated : Oct 04 2024 | 4:27 PM IST Banks recorded a higher growth year-on-year (Y-o-Y) in raising deposits during the second quarter of financial year 2025 (Q2FY25) compared to Q1FY25, owing to intensified efforts to raise liabilities by offering higher rates and innovative schemes. Four out of five … Read more