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Macquarie said its earnings estimates for RIL are 15-20% below consensus.
Stocks slump on virus, trade war concernsMeanwhile, the US said it is considering new taxes on $3.1 billion in European imports amid a dispute over subsidies to planemaker Airbus, just days after the EU indicated it plans to move forward on a digital tax that would … Read MoreDow Jones ends 2.7% lower as increased virus cases slow US recoveryThe broad-based S&P 500 slid 2.6 percent to 3,050.33, while the tech-rich Nasdaq Composite Index shed 2.2 percent to 9,909.17, retreating from a record. Numerous states in the western and southern United States have repor… Read MoreTrending stocks: Vodafone Idea shares down nearly 1%A total of 5,515,653 shares changed hands on the counter till 09:35AM (IST).
from Stocks-Markets-Economic Times https://ift.tt/3fSPlCK
… Read MoreWall Street likely to cut bonuses 15-20%, make significant layoffs: ReportCompanies were forced to make quick decisions and cut red tape during the pandemic, and they have recognized fewer employees are needed to do certain jobs.
from Stocks-Markets-Economic Times https://ift.tt/2NmWwGP
… Read MoreSell Punjab National Bank,target price Rs 30: Emkay GlobalThe brokerage has a sell rating on the stock due to its weak asset quality, poor return ratios, weak internal controls and merger overhang with OBC/United Bank.
from Stocks-Markets-Economic Times https://ift.tt/37UAkNX
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