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Walgreens Boots Alliance Inc shares dropped after it reported a quarterly loss compared with a profit a year earlier, hurt by non-cash impairment charges of $2 billion as COVID-19 disrupted business at its Boots UK division. Its stock closed 7.8% lower.
Why stock investors should not be worried about expensive valuationNo market rally ever expects to have all ticks marked in its favour.
from Stocks-Markets-Economic Times https://ift.tt/3a53xZv
… Read MoreCompany profits rising mainly on back of wage squeeze: Nouriel RoubiniThe growth of earnings through Q3 (September quarter) has been for the listed companies, plus 25%. If output falls and earnings and profits are going up by 25%, it means that wages and labour income are being squeezed, if not… Read MoreFII flow, Brexit and vaccine development key factors driving market this weekAfter shopping for over Rs 60,000 crore in November, foreign investors have bought Rs 33,383 crore worth of shares in December till now. Market will keep an eye on any reversal in trend.
from Stocks-Markets-Economic Times ht… Read MoreA stock trader’s guide to the global Covid vaccine rolloutThese are some of the sectors and stocks in traders’ sights for their roles in the global vaccine rollout.
from Stocks-Markets-Economic Times https://ift.tt/37eA3qi
… Read MoreAre Tesla’s shares worth $90 or $780? Wall Street can’t decideIs Tesla an automaker? Or is it a technology company? Or is it some sort of an amalgamation of both?
from Stocks-Markets-Economic Times https://ift.tt/3gIl6jn
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