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Market Spotlight On A Potential Fed Rate Cut

India, Aug. 13 -- The renewed focus on a Fed rate cut swayed market sentiment across regions and asset classes. Market expectations of a Fed rate cut strengthened in the aftermath of the CPI data rele... Read More


Magic Software Ups Annual Revenue Outlook, Declares Semi-Annual Dividend; Stock Up Over 7%

India, Aug. 13 -- Magic Software Enterprises Ltd. (MGIC), an Israeli software company, on Wednesday revised up its full-year revenue guidance, citing sustained operational momentum and a favorable out... Read More


HelloFresh Q2 Preliminary Adj. EBITDA Up 8.2%, Cuts FY25 Outlook; Expands Share Buy-Back To €175 Mln

India, Aug. 13 -- HelloFresh SE (HFG.F,HLFFF), a German meal-kit company, reported that its preliminary adjusted EBITDA for the second quarter of 2025 rose 8.2% to 158.5 million euros from last year's... Read More


Allegion Buys Brisant Secure For Undisclosed Sum

India, Aug. 13 -- Allegion PLC (ALLE), a security products and solutions provider, said on Wednesday that it, through one of its subsidiaries, has acquired Brisant Secure Limited, a security hardware ... Read More


Hudbay Minerals Posts Q2 Profit, Mitsubishi To Buy 30% Stake In Copper World For $600 Mln; Stock Up

India, Aug. 13 -- Hudbay Minerals Inc.(HBM,HBM.TO) reported Wednesday a profit in its second quarter, compared to prior year's loss, with growth in revenues. Further, the firm reaffirmed its fiscal 20... Read More


Rate Cut Optimism May Lead To Continued Strength On Wall Street

India, Aug. 13 -- The major U.S. index futures are currently pointing to a modestly higher open on Wednesday, with stocks poised to add to the strong gains posted in the previous session. The markets... Read More


U.S. Stocks May See Further Upside Amid Rate Cut Optimism

India, Aug. 13 -- Stocks are likely to move to the upside in early trading on Wednesday, adding to the strong gains posted in the previous session. The major index futures are currently pointing to a ... Read More


China Bank Lending Declines In July

India, Aug. 13 -- China's new yuan loans declined in July for the first time in 20 years, reports said citing data from the People's Bank of China on Wednesday. New yuan loans declined CNY 50 billion... Read More


Initial Trends Suggest Wall Street To Open Moderately Up

India, Aug. 13 -- On a lean day of economic announcements, geopolitical developments might be important on Wednesday. Initial trends from the U.S. Futures Index suggest that Wall Street might open sli... Read More


Lenovo Group Ltd Announces Increase In Q1 Profit

India, Aug. 13 -- Lenovo Group Ltd (LNVGF.PK) reported a profit for its first quarter that Increases, from last year The company's earnings totaled $505 million, or $3.65 per share. This compares wit... Read More