Sat.Jun 03, 2023

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Boycotts hit stocks hard. Here's what might be next for Bud, Target and others caught in the anti-Pride backlash

CNBC: Investing

While it's too early to say how damaging boycott threats will be, damage has been done to the stocks of companies drawn into the latest culture war battle.

Stock 104
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RBI-MPC may lower inflation forecast marginally: BoB Chief Economist

Business Standard - FInance

The consumer price index (CPI) inflation moderated in April-23 to 4.

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These ‘all weather’ best-in-class stocks are a must-own as summer nears, Morgan Stanley says

CNBC: Investing

Morgan Stanley analysts named a slew of stocks to buy ahead of summer.

Stock 98
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Not a merger with Sahara Life, just transfer of policyholders: SBI Life

Business Standard - FInance

SBI Life, a subsidiary of country's biggest lender State Bank of India (SBI), has said it is not a merger between the two companies but only a transfer of the policyholder related assets and liabilities of Sahara Life Insurance. On Friday regulator Irdai directed SBI Life Insurance to takeover the policy liabilities of around two lakh policies along with assets of stressed Sahara India Life Insurance Co Ltd (SILIC).

Mergers 98
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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Insider buying: CEOs are putting their cash to work for their companies' strategic plans

CNBC: Investing

Medical device company Masimo and an acquisition in the insurance industry are highlighted in this week's "Insider Buying" segment from CNBC's "Last Call.

Medical 98
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Sell or Hold? An Important Question for ESOPs

PCE

If your company has made it through the last several years in a strong position, it could be highly valued in a transaction. With multiples for companies in the current mergers and acquisition (M&A) market, you need to consider what your best option might be: sell now or continue to grow and assess your options at a later date. For ESOPs, this choice can be difficult.

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Harvey Pitt, S.E.C. Chair Who Resigned Amid Scandals, Dies at 78

The New York Times: Banking

Mr. Pitt, who served under President George W. Bush, oversaw a swift reopening of stock exchanges after 9/11 but was tarnished by later missteps.

Stock 98
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Goldman Sachs likes this Mexican telecom stock to play the country’s red-hot market

CNBC: Investing

Goldman this week initiated the stock with a buy rating and a price target of $6.10 per share on its U.S.-listed shares.

Stock 98