us tax

 

HSBC Holdings 2017 pre-tax profit jumps 142% percent

Feb 20 2018

HSBC 2017 pre-tax profit rose 142% as the lender avoided the multi-bn dollar restructuring costs that marred its 2016 results but the profit growth lagged expectations.

Cisco tops estimates as turnaround takes centre stage

Feb 15 2018

Cisco reported its first rise in quarterly revenue in more than two years and forecast upbeat current-quarter profit, as the network gear maker’s years-long efforts.

MetLife says pension failures go back 25 years, hurt Q4 profit

Feb 14 2018

MetLife said internal failure that resulted in its not making payments to thousands of pensioners stretched back a quarter of a century and it would take a major effort.

Deutsche Bank pegs FY19 growth at 7.5%; warns of rate hike

Feb 12 2018

The economy will accelerate to 7.5 percent in FY19 and there is a slim chance of the much- feared rate hike by the central bank in the near-term as inflation risks abate.

Charter Communication profit surges on $9.3 bn tax reform benefit

Feb 02 2018

US cable operator Charter Communications Inc said its quarterly profit surged due to a $9.3 billion benefit related to the recent changes in U.S. corporate tax laws.

Exxon profit misses Street on refining, chemical weakness

Feb 02 2018

Exxon Mobil Corp posted a lower-than-expected quarterly profit due to falling production and weakness in its chemical and refining operations, sending shares down 3.6 pc.

Deutsche Bank reports third consecutive annual loss

Feb 02 2018

Deutsche Bank posted its third consecutive annual loss in 2017, taking a hit from challenging markets, a drop in investment bank revenue and a US tax reform.

Germany's Deutsche Bank blames US tax reforms for 2017 loss

Feb 02 2018

Germany's biggest lender Deutsche Bank said that Donald Trump's tax reforms in the US pushed it into the red in 2017.

Deutsche Bank posts third consecutive annual loss in 2017

Feb 02 2018

Deutsche Bank posted its third consecutive annual loss in 2017, taking a hit from challenging markets, a drop in investment bank revenue and a US tax reform.

Lilly beats estimates on newer drugs, raises 2018 profit forecast

Jan 31 2018

Eli Lilly and Co reported a bigger-than-expected qtrly profit, driven by demand for diabetes and psoriasis treatments, and raised its adjusted earnings forecast for 2018.

Indian Markets

 
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Global Markets

 

Stocks In News

 

GATEWAY DISTRIPARKS

Promoter Prem Kishan Gupta bought 6 lakh shares, or 0.6 percent equity, at Rs 198 each

INDIAN HOTELS CO

Auction for Co's Taj Mansingh hotel put off for the third time

Earlier this month, NDMC, which owns the property, had revised the auction date

Date now extended for the third time to Mar 7

NDMC: New Delhi Municipal Council

Business Standard Reports

SRS

Board Approves selling off Cinemas and Retail Business to Spencer's retail for Rs38cr

SIEMENS

To sell Mobility division and Rail Traction Drives business to parent Co

To sell the 2 divisions as part of MoU of parent with Alstom SA

Mobility Division accounts for 10.46% of turnover

To set up standalone co for Mechanical Drives business

To sell Mechanical Drives business to Parent co

Mechanical drive business contributes 4.69% of the turnover

SIEMENS

To sell Mobility division and Rail Traction Drives business to parent Co

To sell the 2 divisions as part of MoU of parent with Alstom SA

Mobility Division accounts for 10.46% of turnover

To set up standalone co for Mechanical Drives business

To sell Mechanical Drives business to Parent co

Mechanical drive business contributes 4.69% of the turnover

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