RCap Q2 net rises 39% to Rs 352 cr on strong profit
RCap Q2 net rises 39% to Rs 352 cr on strong profit
RCom shares slump after fourth straight quarterly loss
14 November, 2017, 21:09
The company said it received a tremendous response from investors in listing of Reliance Nippon Life Asset Management and Reliance General Insurance is on track to be listed by March 2018. The same day, it also said that it had missed interest payments on two domestic NCD issues.
The billionaire Anil Ambani-controlled telecom operator on Saturday said its net loss widened to 27.09 billion rupees ($414.95 million), compared with a profit of 620 million rupees a year ago. Its overseas bonds also dipped, with RCom's 6.5% bonds due 2020 indicated at 35/37 cents on the dollar.
Reliance Communications Ltd is now trading at Rs 11.7, down by Rs 0.45 or 3.7% from its previous closing of Rs 12.15 on the BSE.
Shares of Reliance Communications on Monday plummeted 13.5 percent after the company posted a consolidated loss of Rs 2,709 crore in the second quarter ended September. The scrip opened at Rs 12 and has touched a high and low of Rs 12.4 and Rs 11.35 respectively.
For the quarter ended September 30, 2017, Reliance GeneralInsurance's Gross Written Premium was Rs 1,688 crore logging a growth of 16 per cent over a corresponding period of the previous year.
Debt-laden telecom operator Reliance Communications on Saturday reported a consolidated loss of Rs 2,709 crore in the second quarter to September 2017.
Reliance Nippon Life Asset Management Ltd is now trading at Rs 271.3, down by Rs 14.65 or 5.12% from its previous closing of Rs 285.95 on the BSE.
Manana was also ordered to compensate the victims for the medical costs and damages to property they incurred due to the attack. Reddy ruled the former deputy minister would be treated as a first time offender despite two previous convictions of theft.
The statement is seen as the latest efforts by KRG to start a dialogue with Baghdad that can lead to a peaceful breakaway. Reuters, in one of its analysis had also disclosed that U.S. was also supportive of a separate Kurdistan in the region.
On Tuesday, November 7th, City Of London Investment Grou bought 33,268 shares of Morgan Stanley Emerging Markets Fund stock. On Friday, August 11th, City Of London Investment Grou sold 15,000 shares of Morgan Stanley Emerging Markets Fund stock.
BMO Capital Markets reiterated an "outperform" rating on shares of Dick's Sporting Goods in a report on Thursday, September 14th. The dividend is payable in cash on December 29, 2017 to stockholders of record at the close of business on December 8, 2017.
On average, equities analysts expect that Cooper Tire & Rubber Co. will post $4.30 earnings per share for the current fiscal year. Investors look at the Volatility 12m to determine if a company has a low volatility percentage or not over the course of a year.
The company reported $0.86 earnings per share for the quarter, beating analysts' consensus estimates of $0.76 by $0.10. Grove Bank & Trust increased its holdings in shares of Automatic Data Processing by 16.4% in the 2nd quarter.
Callon Petroleum Company has a beta of 2.2, offering the possibility of a higher rate of return, but also posing more risk. Barrow Hanley Mewhinney & Strauss Ltd Limited Liability Company stated it has 5.83M shares or 0.09% of all its holdings.
Trump returns to Washington D.C. today from the Philippines, which was the final stop on his 11-day odyssey to Asia. Trump said the USA also remained deeply concerned about the use of chemical weapons by state and non-state actors.
There are reports that Stove Top will donate $10,000 of the proceeds to a charity called Feeding America . But I can count on zero hands the number of times I wanted to wear my stuffing-love on my sleeve.
Morgan Stanley maintained Express Scripts Holding Company (NASDAQ: ESRX ) on Thursday, August 10 with "Underweight" rating. Express Scripts Holding Company (NASDAQ: ESRX ) earnings have risen with a quarterly rate of 16.8% over the last 5 years.
On Friday, October 13 the stock rating was maintained by Barclays Capital with "Overweight". (NYSE:JPM) for 10,919 shares. The stock of FedEx Corporation (NYSE:FDX) has "Conviction-Buy" rating given on Thursday, September 17 by Goldman Sachs.
"Multiple Deaths" in California school shooting
The six-year-old child reportedly had two gunshot wounds and another child was reportedly shot in the leg. Three people have been killed in a shooting at an elementary school in Tehama County Tuesday morning.
EPS for Royal Bank of Canada (RY) Expected At $1.52
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The Gaslamp Killer Sues His Two Rape Accusers For Defamation
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Kate surprises with faux bob on Remembrance Sunday
The Duchess of Cambridge unveiled a new look on Sunday, swapping her trademark Chelsea blow-dry for an equally elegant hairstyle. Pregnant Kate Middleton took her respectful spot alongside the The Queen for Remembrance Day at White Hall's The Cenotaph.