Saturday, October 1, 2022
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Stocks making the biggest moves midday: Apple, CarMax, Coinbase, Peloton and more

[ad_1] An employee arranges Apple iPhones as customer shop at an Apple store.Mike Segar | ReutersCheck out the companies making headlines in midday trading.Apple — The big technology stock shed 5% following a rare downgrade by Bank of America. The bank downgraded shares of the iPhone maker to neutral and

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IRDAI chief gives tips to make Indian insurance market largest

[ad_1] He was speaking at a sector exclusive forum to discuss 'Investing into India's burgeoning Insurance Ecosystem', here organised by the Indian Venture & Alternate Capital Association (IVCA), the apex industry body for alternative assets. "The market (insurance) size is estimated to reach USD200 bn by FY '27 at the

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SBI moves insolvency plea against Jaiprakash Associates before NCLT

[ad_1] Country's biggest lender SBI has moved the National Company Law Tribunal (NCLT) against Jaiprakash Associates Ltd for initiation of insolvency proceedings against the debt-ridden company. State Bank of India (SBI) in its plea filed before the Allahabad bench of NCLT has claimed a total default of Rs 6,893.15 crore

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Fill SC vacancies by December 31, address grievances by October 31, Finance ministry tells banks

[ad_1] The finance ministry has directed all public sector banks to fill vacant posts reserved for Scheduled Castes (SCs) by December 31 and address all grievances of SC consumers and employees through a special drive by October 31. The decision came at a meeting convened by finance minister Nirmala Sitharaman with

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PSU banks to start drive from Oct 2 to fill backlog vacancies of scheduled castes: NCSC chief

[ad_1] All public sector banks will begin a special drive from October 2 for filling up of backlog vacancies reserved for scheduled castes, National Commission for Scheduled Castes (NCSC) Chairman Vijay Sampla said on Thursday. The decision comes after a review meeting, jointly chaired by the NCSC chairman and Finance

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Stocks making the biggest moves premarket: Apple, CarMax, Bed Bath & Beyond and more

[ad_1] Check out the companies making headlines before the bell:Apple (AAPL) – Apple lost 2.2% in the premarket after BofA Securities downgraded it to neutral from buy. BofA said Apple has held up relatively well in a down market, but it expects a negative impact on the company from weakening

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Pension fund panic led to Bank of England’s emergency intervention: Here’s what you need to know

[ad_1] The Bank of England on Wednesday launched a historic intervention in the U.K. bond market in order to shore up financial stability, with markets in disarray following the new government's fiscal policy announcements.Bloomberg | Bloomberg | Getty ImagesLONDON – The Bank of England launched a historic intervention to stabilize

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Porsche shares rise in Frankfurt market debut

[ad_1] The Porsche IPO is set to be one of the largest in European history.Thomas Kienzle | AFP | Getty ImagesPorsche shares edged higher in their stock market debut Thursday, in what's being billed as one of the biggest public offerings in Europe ever.Shares of the iconic sports car brand

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